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.

seo said in last rns they would not appeal again

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

Cheers ssanebs

Another non event .

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."

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 :)

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

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.

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.

Definitely time to move on.

MS

18k? Is that it?

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

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

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

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

Get real.

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

No , I just think your talking boll*x.

DSTOREY - there was massive volume on the way down, whichj will need to be worked off before any rise can happen.

MM's run a balanced book by and large and to say it's being held down artificially is simply not the case. Everyone needs to understand the workings of the market to get the real picture and that isn't it, I'm afraid.

Al
;-)

Thats what I said :-)

You're far more succinct than me! ;-))