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

Regular on a Friday night, mate.
Pop in anytime and I'll buy you a drink.
You'll recognise me. I'll be the one in a skin tight rubber dress, Fishnet stockings and a sink plunger tied to each knee.
I'll carry a copy of the "Socialist Worker" so you can tell me apart from the rest of the regulars.
Alan

kimoldfield- squelched, what a bore.

nothing from goblomov then, early bath???

Yessss! I've been squelched, not controversial enough for blinger, cardinal sin speaking sense!! (In blinger's book anyway) leaving him/her unsquelched though 'cos every one of his posts makes me FLMFBCAHO&WTPMP

I posted the figures shown by MAM at the time - Fridays figures, maybe? SEO not coming up on my 'Watch list' screen.

Gremlins?

well I go away for a week and not only does the court case get sorted, the sp looks healthy and blinger takes a deserved shoeing.
lifes great!
hope you are all well- and long.
roll on end of month results........Maybe the seo flight is about to depart.
I't's been soo long my passports out of date and my waistlines expanded several inches from all the crap eaten in the departure lounge.........

Yep - just checked Friday's figures. They are the figs I posted - dont know why they were coming up.

ROFLOL!!!!
The vol. figures I quoted were from MAM and 4 other sources,trying to diss people with wrong information is VERY suspect in investment circles, something stinks, maybe the bedding needs changed?

Sellers beat buyers 12:1, a fall of 5% today would be nice, and probable.
This co. is full of wind, the forecasts are all to pot.
Brent crude MAR. is down 5 pts.who is this teeny- weeny person, seems to bring good vibes for shorters.

I have copied this across from BPRG as I think it answers a number of questions that have been posed re the patents etc.

I hope Chay does not mind - as it also crystalises some of the thinking behind the ocs.

Chay01 - 13 Feb'06 - 15:39 - 1492 of 1503


Great news this morning that Tampa can produce cGMP film and Bio will be bringing its products to market via Dexo as well as supplying film for partners. The company is no longer fully dependent on other film suppliers or on partners to bring products, incorporating Bios technology, to market within their own timeframes.

The dispute with SEO is yesterdays news now and the company is rapidly moving ahead with its focus on commercialisation without the added distraction of an ongoing cc. The purchase of Dexo and the JV with Crescent Pharma will enable Bio to pursue many revenue-enhancing prospects in the near future.

There has been a lot of confusion over the settlement agreement so I spoke with DF earlier today to clarify the situation.

Questions and answers:

1. Can you confirm that bio owns P1 and SEO P2 and 3 as determined by the patent court?

BioProgress own the whole of patent 1 (in all jurisdictions worldwide) and SEO patents 2 and 3.

2. Will SEO be able to license P1 for pharmaceutical use and if so are they likely to progress InGel with Cardinal?

BioProgress has granted SEO a non-exclusive license to P1. There is no restriction on SEO licensing RF welding of capsules to the likes of Cardinal. BioProgress feel they are in a strong position to commercialise the IP with the existing Swollo technology.

3. Will SEO have to compensate Bio for the use of P1 and will Bio have to compensate SEO for the use of P2/3?

No

4. Is Bio likely to exploit the patents for non-pharma use?

Bio has unrestricted use of P1, 2 and 3 and does not need SEOs consent to license the patents to any company it wishes to.

5. Did Bio compromise on the deal to avoid the case being dragged out over an extended time period? Apart from ownership of P2/3, the ability to prolong the litigation seemed to be SEOs only trump card.

Bio achieved the best deal possible and now has certainty with regard to the future. More was achieved via the oocs than would have been possible via the court process. Shared ownership of P2 and 3 would have been worthless as permission of use would have had to be granted by the other owner in order to use the technology. Also, to stop SEO using patent 1 would have required further costly court action without guarantees of the outcome.

The time and cost elements were very important issues e.g. even though Bio proved entitlement to P1 they still would have had to go thru the lengthy and costly process of proving that entitlement in all the foreign jurisdictions where SEO had registered the patents.

6. Bio has gained access to P2/3, received 1m as part of the settlement terms and are now able to commercialise Swollo incorporating RF capsule sealing. Management time can also be used to grow the business rather than be distracted by litigation. Are there any other benefits to settling the case now rather than letting it run its course?

There were no certainties if the case was left to run its course. Bio had a strong case but the court may have sided with SEO on some points. It is now certain that Bio owns P1 and has unconstrained use of P2 and 3.

A damages claim would have taken years to conclude thru the courts, which would have been very expensive and taken up valuable management time. The award of damages was also very uncertain, as there were only potential rather than actual losses incurred so a huge award was very unlikely. Bio would only have received part of its total costs.

Its time to concentrate on the future and realise the rapid progress that the company is now making. Any thoughts that nothing is happening behind the scenes when news flow is quiet can be totally dispelled.

I think special thanks should go to Richard Trevillion for his sterling efforts and strategic guidance of the company since he took over the role of CEO. Working a 22 hour day seven days a week may not be too much of an exaggeration considering he has had to take on many of DFs duties recently (due to DFs back problems). Having the worlds premier non-gelatin film system is one thing but we are fortunate now that we have hard working, honest personnel, within the company, who are able to bring it to the market place.


Chay.

PS The company is now in a closed period - Preliminary Results for the year ended 31 December 2005 should be announced around the same time as last year (21/3/05).

The brokers note (being written by Elizabeth Klein) will be out soon dont think it was being held up by the cc though.

DOWN again!!!!!!!!!

can somebody explain why it took 18 months, and god knows how much in legal fees, for these two companies to come to the same conclusion most bb posters came to in half a day?
still not heard from shamona, ( interested in his take on the settlement).
also, considering this cc has been hanging round seo's neck like some stinking albatross for the last 18 months, and has now been shifted, i'd have thought that the sp would have responded more positively than it has done. seo did say to evo that they felt the ingel technology was worth potentially 20m/pa. it seems as if nothing is going to kick start the sp apart from progressive numbers on greenseal . i suppose we will have to wait until the results to see if anything positive has happened on that front. i'm not hopeful. still out and waiting.

Thanks for the important info Bas (& Chay), much appreciated. I think the sp will be held back until results, obviously the doubt over greenseal is worrying some investors, not me though, I stll look on SEO as a co. that will make slow but steady progress, with the occasional mad rush!!

It is good to have useful info rather than have someone state what everyone can see, that the sp is down .25p! (big deal). Only a moron would post that.
Kim

I'm fairly neutral on the results, Bos.
Understand you being out at the moment. I think the results will be very so-so, and a bit of a yawn, but my strategy with this one was always to tuck it into the bottom drawer and leave it there.
The short term stuff is of little interest to me, on all stocks, cos I aint good enough to call it. My only aim is to outstrip the footsie, bonds and cash deposits over the 5 years and I feel that is not hard for this one. Anything more is a bonus.
Set my sights a little low? Perhaps, but we all need a realistic target for our investing and a benchmark to measure against.
I might try and copy all the posts so far to DVD, so I can revies them in about 5 years time. I think I could have a good laugh by then, either at ii and blinger or at myself.
Alan

the chart shows the future, 10p

EWR,

You stated earlier "Evolution say 600K sales and a loss of 2.4m" but the interims quoted a T/O of 629k, plus with at least 5 GS conversions prior to year end, that should be at least an extra 150k.

Blinger - "the shart shows the future, 10p" - the futures bright the futures orange!! I'll let your superbrain figure it out....

Explosive,

I'm certain CBB is colour blind.....

I'm lost.
I've been trying to work out why the chart points to 10p and what the hell orange has to do with anything.
Its either my age or perhaps I'm just a tad stupid, but I could really do with a map of this conversation, now.
Alan

Garyble: quite right so there is an error in Evolution figures; thought they looked low. Last Peel Hunt forecast for year was 1.6m on 6th July last year. Year end October so not many Greenseal in, we know already. I doubt whetehr the market is expecting anything significant in results so it is all about the statement of trading and prospects. We have been in a close period for a couple of months so there has been a dearth of news. But may be steady as she goes - in my view that would be good because if there is to be bad news about the actual out-turn of the ASDA first 12 months, it must be known now.

Eric

Oilywag

Starpol 2000 formally and officially approved by the US FDA for all food types.

Howard White says this is a major step forward in getting Starpol recognised at the industry standard. He will update the market as and when trials begin.

Any comments Bling now about 10p you gormless idiot?

The oily one