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

"from another site" 7Oct04 is most enlightening as to the LAW and explains in part, the pickle SEO would appear to be in......
However, I'm still not understanding the full facts (doh!)- can anyone explain?
1) If BPRG had invented something why didn't BPRG Patent it (just provisional, etc), before blabing to SEO?
1a) Why wasn't there a IP agreement between the companies, surely that is commonplace?
2) Even after blabing and discussion took place, why didn't BPRG patent whatever it was?
3) Why did BPRG need to visit SEO if they had invented something which was all their own work?
4)It seemed to me that the sequence of events might yet tell the truth - only from what I read, sadly lacking detail - is it the fact that BPRG needed SEO's expertise, that being the case how could BPRG have invented something if they didn't know how to make it - - - to the extent they didn't attempt to patent it?
5) I cannot understand why SEO didn't invite BPRG to create a Patent that they could both own, maybe this is the fatal flaw in SEO's case. But equally it seems to me that if BPRG needed SEO expertise, then the inventive stroke was unlikely to be BPRG's, even if the original idea was theirs - BPRG couldn't patent an idea (you can't) only the particular embodiment and as events have shown BPRG lacked this ability (that's why they went to SEO whon they recognoised as RF sealing experts) for, why else would they involve SEO?.
If SEO were the experts then thir understanding of the process would enable them to make that inventive stroke (so they Patented it) sadly they should have involved the other party as without BPRG the inventive stroke would have been dormant.
It's a bit of a mess, isn't it? - but it gets worse, as I see it.

6) SEO had securred the Patent without BPRG assistance (as to the drafting) so why did SEO take BPRG to Court in the first place? Was SEO mindful that BPRG was "about to embark" on a new profit stream which would use this SEO patent - perhaps using the services of another company to do the production and thereby cut SEO out of the loop? Why didn't SEO wait.... until there was profit to grab? Since both companies are close to loss-making neither is exactly attractive to large damages.
7) Why didn't SEO's lawyers warn SEO to keep clear of Courts - especially as the "with clean hands" is well-known in Legal Circles? What measure of Up-side was SEO imagining; when there was only certain cost and maybe the opening of an equitable problem?....with a company that was er, short of wealth!
8) SEO announced several deals arround the time of the Case and these pointed to business that would not involve this Patent - Now, since these deals are not the work of an idle moment; - it would seem that SEO was already distancing itself from Turnover (from said patent). SEO was already on a course that would be profitable without this line of work........... makes me wonder what posessed them to continue with the case at all. From posters here it seemed things were bad, pretty much from the start - as it appeared BPRG had securred a Legal Eagle that actually understood the underlying process.

I suppose from the above I should wait even further before investing in either of these fabulous companies - bargepoles spring to mind.
All IMHO and I don't have close contact with either Co. = only what I read.
Perhaps we'll never know the full facts. Make a good Book/film

I note the CEO has taken up his options at 2.4445p then sold straight away for 4p Nice work but shows little confidence in his company!

janus , going off some comments om this board and on other boards , hes probably getting ready for gardening leave.!!!!!{ only joking). fabulous post from hangon. shows that this is far from cut and dried and over.also shows the confusion surrounding all of this. but like i keep saying , we should treat it as a separate issue and not the core of what seo is about.

Even so, it would be nice for Balchin to keep some shares and show some confidence to the market, he keeps getting rich on the waves that SEO rides and has not yet delivered. I still believe in SEO's future due to the packaging concept, there are now so many interested parties it's looking good and as I keep saying once one adopts the process the rest will have to follow!
Maybe then Balchin might piss off after continuing to feather his own nest and keep diluting shareholder value, when we eventually get some!!!

where is the evidence that shareholders in this and similar companies receive any value. The current yield is not far short of miserly.
Futhermore I'm surprised that the management that got the company into its present position is allowed to pofit from Options that were (in all probability) required "....to meet certain performance targets and align pay and shareholder returns...." - that;'s supposed to be the idea, n'est pas?
PAH!
(13Oct04)andysmith's final sentiments are spot-on IMHO.

Last two posters have summed it up-nothing wrong with the product but the Managements motives leave alot to be desired!

i cant say i disagree with andy , hangon and email, but steady on lads!!!! this is the manegement that has been working and developing the things we like so much about seo.its the same management. and they cant be all that bad when so many companies are now doing business with them , wanting the packaging system that this magement has developed. dont get me wrong , i am not saying these guys are angels , but credit where credit is due, and also criticism when its justified. the full details about the bprg thing and its ACTUAL consequences are still unknown. lets wait and see first .if it turns out that bad management is to blame, then wiliam wallace them!!!

Bosley, SEO is my share tip of next year if this all comes off, despite the BRPG debacle, I see you also tip it on the ASC thread. I just feel the packaging thing is an excellent opportunity that MY industry has needed however Balchin is just the figurehead & to make no comments in the weeks after the court case and then quickly release a note about his options and sell in less than an hour is shameful. Give us some confidence Balchin, keep your friggin options open like the rest of us and good luck if you eventually sold at 8-10p or more, you still had time to bale before 2.5p if it went tits up.
Your shareholders Balchin are keeping the faith, about time you did!!!!!!!
I know enough to keep in!!!! those not yet in, if brave and can spare some funds this is a BUY, and I am not ramping either, I just know the potential!!!

If he can't keep the faith why should the shareholders? andysmith, if you know enough to keep in.. does he know enough to sell?

Why bother with SEO

Better prospects elsewhere.

I think he took his options before he has to resign or is pushed once full details of the court case are apparent and his poor management of this issue is exposed. Behind this, SEO has an excellent product and the future should be OK.
If you could make >500k in less than an hour you would, especially if you might not be able to in a few months?

apple, that was cold. ouch!!!

not to bad so far today , up 9% and buys outnumbering sells by almost 4 to 1..

Looks like SEO will recover soon.

something going on. bprg dropping like a lead balloon. seo creeping up. anybody got any ideas why?

two big buys just gone through 2x 1 250 000

surely 250k is hardly a big buy

BPRG recovering, large buys going through...

I know some BPRG holders read and write on this and I seriously hope you all end up OK with current slide. The SEO Packaging concept works, they just need the struggling meat packers to stump up the cash to get it rolling and save everyone's bacon!! Come on SEO, or deep brown stuff will come if appeal happens and fails. Still hanging in here with Bosley.

good luck guys-best result... if bprg takes seo over...what a combo!!