for more information about stanelco click on the links.

driver's research page link
http://www.moneyam.com/InvestorsRoom/posts.php?tid=7681#lastread
website link
http://www.stanelco.co.uk/index.htm

Hopefully, there is nothing now stopping the 2 supporting each other and cooperating fully with new product invention. Wishful thinking? I suppose it cuts out the competion idea.

I think the sensible move for SEO would be to pay in cash, we all expect the share price to move north over the next few months, so, if they paid in shares, we'd actually be over paying them as I would argue SEO shares are slightly undervalued at the moment.

Biscuit

Some big sells now.

Once the shorters have changed their underpants and sorted their shorts this share price will fly, along with BPRG. Thought I'd do a bit of ramping - different bottle Alan!

You are right in a way Biscuit, but I think that Stanelco have something going on that they need all the cash they can get hold of for at the moment, just a theory.
Kim

Poss Kim however they have increased their borrowing facility to 25m, so should be ok.

(RNS) 2006-02-09 10:42 GMT:
Stanelco PLC - IsraCaps new licence terms

Article layout: raw
RNS Number:1636Y Stanelco PLC 09 February 2006

9 February 2006
Stanelco plc ("Stanelco")
Stanelco and IsraCaps agree new licence terms


Stanelco plc, the radio frequency applications group is pleased to announce that it has re-negotiated its licence terms with IsraCaps Ltd, a company registered in Israel, so that the license becomes non-exclusive with respect to capsules made using radio frequency techniques. In consideration Stanelco Plc will issue 1,355,932 shares representing 0.145% of the share capital of Stanelco.

What d'you reckon Baza, more re-negotiations on the way?
Kim

The 491k trade at 9.03 is marked as a sell, but at 15.73p looks more like a buy to me. Ditto the 250k at 15.50 - although technically at the mid-price. The two earlier trades of 392,841 looks liek a roll over of a single position.

Overall a pretty robust response to the cc settlement, even though it cost us cash/shares and makes all 3 families of patents non-exclusive - only one was actually in dispute as far as I can reacll. So the price of settlement also includes sharing 2 otherwise exclusive patent families. Can anyone tell me if BPRG use or are likely to use the patents to make competing products?

sd

Stockdog
Richard Trevillion said that the settlement will enable both companies to concentrate on their respective businesses, which for BPRG is pharma and healthcare, so it should not affect SEO's business. HOWEVER! it does state in BPRG's blurb that it is engaged in research etc with "other market sectors". Personally though, I cannot see anything other than cooperation between these two now.
Kim

Shares are not flying yet.

Adding to that, competition is healthy, especially from a consumer point of view!
Kim

I don't expect much to happen with the shares until the dust has settled a bit, and after media comment. The real test will be after the Results are announced.
Kim

thanks kim - basically the market seems to accept it as good news IMHO. As one of my key overweight holdings I am happy to wait patiently for the upside for a year or two, but am nonetheless always wary of the less predictable or controllable chances of downside before we get there.

sd

'Stanelco plc, the radio frequency applications group is pleased to announce that it has re-negotiated its licence terms with IsraCaps Ltd, a company registered in Israel, so that the license becomes non-exclusive '

Its a pity they dont renegotiate the ASDA contract to non-exclusive. We might have seen a larger number of conversions if the other SM's had been given a chance. Why have SEO been so keen on exclusive contracts?

Some good news at last with a small compensation to pay out can only be onwards and upwards from here.

I will update the Research Page ASP

The thing is if they re-negotiate the deal with Asda would they be in a position to fill more orders with other companies, apart from a re-negotiation meaning a similar deal to the one with IsraCap, ie either a return of cash or a share deal.
I think the exclusive deal re Asda, was an excellent move. They appear to be struggling slightly to fulfill the Asda deal, so the exclusive agreement will give them time to gear up to full production. Once they have the facilities in place for many more multiple orders, this will gain momentum like a snowball down a hill.
The new deal with IsraCap looks to be at the right time. Timing is everything.

Can't see any point with renegotiating the Asda deal. Any negotiations with others started now would not procure any orders until after exclusivity runs out anyway. I think efforts would be better served on SEO's part by ensuring that they have the ability to fulfill any orders they do get post exclusivity.

I wondered if the new deal with Isracaps was part of the negotiated settlement - so that BPRG couls enter that market. Dont know why or what for - but looking for a link ?

At least all parties know what playing field they are - even if we dont yet - and I am sure cardinal will have had some involvement in the settlement.

Funny how the same words can mean different things to different people.
I read the Isracaps news to mean that SEO can now sell the technology to other concerns within that geographical area. You seem to think that it means BPRG can now enter the arena cos its freed Isracap to go elsewhere.
Wonder whos right, Baza. Think its my interpretation because yours would mean Isracap paying SEO compensation.
Whichever I am certain that it is linked to the settlement and is good for SEO.
Alan

Research Page updated

46) STANELCO AND BIOPROGRESS SETTLE PATENT DISPUTE
47) Stanelco and IsraCaps agree new licence terms

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http://www.moneyam.com/InvestorsRoom/posts.php?tid=7681#lastread