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Bioprogress (BPRG)     

scorpion - 13 Aug 2003 13:54

Bioprogress is a stock I have been in and out of quite a few times since it floated in May but not much mention here on the Investors' Room. Does anyone else follow this stock. I see it is up 1.5p today and a few good buyers seem to have appeared.

Kivver - 09 Dec 2004 11:53 - 1633 of 2372

despite all the negative comments the sp seems to be holding up.

Janus - 09 Dec 2004 12:03 - 1634 of 2372

Damages assessment to proceed in High Court case



BioProgress plc (AIM: BPRG; NASDAQ: BPRG) advises that the UK Patents Court has
rejected the attempt by Stanelco Fibre Optics Limited ("Stanelco") to re-open
the case, and has awarded the relevant legal costs to BioProgress. Stanelco has
been granted permission to appeal this latest decision but this will not hold up
the process for assessing the damages to be paid by Stanelco to the Company's
wholly owned subsidiary BioProgress Technology Limited.



Stanelco must now comply with the Court's previous order and disclose all
material details relevant to the misuse of the information previously given to
them in confidence by BioProgress. These details will allow BioProgress to
formulate its damages claim which will then be assessed by the Court.



Graham Hind, Chief Executive of BioProgress, said: "We are clearly pleased that
the Court has quickly rejected Stanelco's application for a re-trial on the
single issue of breach of confidence, and has stuck by its previous judgment.
This decision further vindicates the position we have taken throughout these
proceedings."

Big Al - 09 Dec 2004 12:06 - 1635 of 2372

Can't see how it helps. SEO can appeal again and no word on damages, if any.

ssanebs - 09 Dec 2004 12:09 - 1636 of 2372

seo said in last rns they would not appeal again

Janus - 09 Dec 2004 12:25 - 1637 of 2372

Link to GH interview on the other place

http://www.iii.co.uk/sharedealing/?type=editorial&id=33452

A long lunch now called for methinks

Big Al - 09 Dec 2004 12:26 - 1638 of 2372

Cheers ssanebs

Dil - 09 Dec 2004 12:28 - 1639 of 2372

Another non event .

Jumpin - 09 Dec 2004 14:12 - 1640 of 2372

You got to give them credit for being a dog with a bone with no meat left on it!
..............................................



Stanelco plc ("Stanelco")

Statement re Court Case


Judgement was given today in an application made by Stanelco RF Technologies
Limited as part of its long running dispute with BioProgress Technology Limited.
The judgement related to an application by Stanelco for the court to consider
further documents, which had come to light since the judgement in the main
action was handed down.

The court decided that it would not consider the further documents and
BioProgress was awarded some of its costs (GBP18,000). More importantly, Stanelco
was given leave to appeal the judge's decision.

Stanelco's Chief Executive Ian Balchin said today: "There are a number of
important issues yet to be resolved in this case including the extent of
BioProgress's claim for damages and an application by Stanelco for leave to
appeal the main judgement. We don't see this matter being finalised for a long
time yet.

In the meantime Stanelco is focusing the majority of its efforts on
commercialising its food tray lidding technology in conjunction with strategic
partners and we expect to be able to announce more on this in the near future."

SuperBrugha - 09 Dec 2004 14:32 - 1641 of 2372

GH if your listening, tomorrow would be an excellent day for the first of these contract rns statements.

The Warner-Chilcot one would be best :)

Dil - 09 Dec 2004 14:51 - 1642 of 2372

GH if your reading .... shouldn't you be doing something more constructive ???

johngtudor - 09 Dec 2004 14:58 - 1643 of 2372

Seems to me that if Stanelco drag this out any more, it will only increase the amount of damages they will end up paying, especially as the nice 'Judge Floyd QC' said they could only appeal against the 'Confidentiality' issue that today's judgement was based on. They can drag this out as long as they want to because the law allows for that to happen, but bottom line surely is for them to have no more management distraction fighting the case must cause, and get on with runnning their business, and making it successful as I am sure they will do.

Dil - 09 Dec 2004 15:06 - 1644 of 2372

A few of you are missing the point here ... a few quid extra in damages is hardly likely to shift the share price but a drawn out case could.

mickeyskint - 09 Dec 2004 15:06 - 1645 of 2372

Definitely time to move on.

MS

Big Al - 09 Dec 2004 20:44 - 1646 of 2372

18k? Is that it?

Always said this was a red herring. Not keen to be long of either of them to be honest.

johngtudor - 09 Dec 2004 22:01 - 1647 of 2372

Big Al: 18K for court costs and expenses. Damages to be assessed once Stanelco release the relevant paperwork. Bio will then have to present the figure to the court for approval, but you can expect it to be 'mega'! John

Big Al - 10 Dec 2004 07:35 - 1648 of 2372

Will keep an eye on it as usual, John! ;-)

DSTOREY9916 - 10 Dec 2004 15:59 - 1649 of 2372

Sp being kept artificially low!! Wonder who parasite MMs are doing the favour for?

Dil - 10 Dec 2004 16:30 - 1650 of 2372

Get real.

DSTOREY9916 - 10 Dec 2004 16:41 - 1651 of 2372

Sorry that not fit in with your slant on things, tough!

Dil - 10 Dec 2004 16:47 - 1652 of 2372

No , I just think your talking boll*x.
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