bosley
- 20 Feb 2004 09:34
bosley
- 21 Mar 2005 07:41
- 2231 of 27111
just reading apprpiate bits in bprg results. it seems the litigation costs have hit them hard, (i thought they had insurance?), and it seems the results were written before fridays hearing. it is becoming evident that this thing should have been settled long ago out of court as both parties feel that the ip is theirs, and both parties are behaving like a dog with a bone.( no pun intended, sd). i am sure something could have been worked out a ,long, long time ago, possibly shared ownership of some sort? both companies would now have seen a years revenue from the technology, and not a costly cc. lets get it all out today , then it can disappear away into the background while we wait the THE rns.
rayrac
- 21 Mar 2005 07:46
- 2232 of 27111
Don't count your chickens bosley with that rns, I think you have a VERY long wait!
aldwickk
- 21 Mar 2005 07:48
- 2233 of 27111
If litigation costs have hit them hard, what about SEO 's costs, who have less cash to spare.
bosley
- 21 Mar 2005 07:53
- 2234 of 27111
aldwick, we have recently read in seo's results how hard the cost have hit seo. i was under the impression bprg had taken out insurance to cover costs. thats all.
rayrac, why do you think it will be a VERY long wait?
eric, good to hear from you. i just thought it a bit strange, you not posting , when we had had such a good day.
andysmith
- 21 Mar 2005 08:31
- 2235 of 27111
Expect the buy on rumour, sell on news brigade to hit today ahead of Asda RNS.
Friday rumour was cc won but really nothing has changed, just chance to appeal which is good but still there and could still go either way UNLESS BPRG/SEO give up and come to a sensible out of court agreement!!! Fat chance of that!!
tipton11
- 21 Mar 2005 10:13
- 2236 of 27111
absolutly right out of court badly needed
EWRobson
- 21 Mar 2005 12:40
- 2238 of 27111
Just dropped into St Austell library - Pretty awful town (sorry Cornish folk) although Fowey is magic. My reading of cc outcome is very positive. If you look back at the Finals, it is clear that their are patents established on each side. The main block for SEO had, they assumed, been cleared by quotation of older patents which presumably were now in the public domain. If this reading is correct, SEO own patents which block BPRG proposed developments. Thus the best way forward is some form of agreement; either they compete openly or one pays royalties to the other. I suspect this is more important to BPRG and SEO may be happy with either route. The other significant point is that this is a High Court ruling compared with the presumably narrower Patent Court ruling.
reyrac: bos reference was to ASDA contract which has to happen by 10th April, otherwise SEO would be open to sell to Tesco et al.
di: The trades appear to be getting larger which suggests more institutional action. The attraction of SEO to investment funds should certainly grow once we have the ASDA contract as, with the entry into the small cap index, it becomes attractive for a stake. Gone are the penny stock days. But hold on for the ride you penny stock players - see this one through to glory!
Eric
andysmith
- 21 Mar 2005 21:41
- 2240 of 27111
All gone quiet folks? the baited breath!!! Well, I topped up late morning today. Took my average above 7.5p!!! but with big buyers accumulating and the hoped for good news due anytime within next 12 trading days I couldn't resist another batch. Have faith folks but my opinion is that so far smaller investors and traders have determined the fate of SEO sp much to amusement of MM's, this privilege is being removed and is becoming more in the hands of larger investors and one good RNS and it will be into the 20's and beyond. Nice 4.7m buy today, it wasn't me --- if only!! 4.7m x potential 50pps profit, Hmmm!!
bosley
- 21 Mar 2005 23:02
- 2241 of 27111
evening. just re reading this mornings rns.
'This is a very significant result for Stanelco and leaves the way open for us
to appeal the decision of the Patents Court, which we now intend to do. We are
committed to protecting our technology and remain confident in our litigation
against BioProgress that Stanelco will retain access to the technology which we
developed.'
i think the key phrase is "that Stanelco will retain access to the technology which we developed." it's almost as though seo are changing tack and not going for outright ownership of the technology but are willing to share the rights. this is fair, i think. bprg may have had the original idea, but it was seo that did the r and d and brought a finished usable product to market. with the way the courts are starting to favour seo then there must be a good chance of shared ownership being the final outcome.
bosley
- 22 Mar 2005 07:28
- 2242 of 27111
morning. hoping for a quiet day today.
johngtudor
- 22 Mar 2005 10:18
- 2243 of 27111
bosley: You are right but if I have an idea, and patent it, I would want to develop it myself because otherwise I might lose all the benefits! Clearly confidentiality agreements are useless. So I will up my stake in SEO now and enjoy the ride.
robinhood
- 22 Mar 2005 15:18
- 2245 of 27111
what is happening with my seo babies today? Any news I have missed?
stockdog
- 22 Mar 2005 15:53
- 2247 of 27111
they'll be walking and talking in no time, and then there'll be no stopping them - you know what toddlers are like - new pair of shoes every 3 months - that's how SEO will grow too.
SD
ANDYRPB
- 22 Mar 2005 16:13
- 2248 of 27111
Just topped up in for the big one.
hari
- 22 Mar 2005 16:20
- 2249 of 27111
this will go to the wire, they need as long as pos to see if there are any customer complaints