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

andysmith.

my point exactly, as bprg didn't follow up on rf, i don't see how they can
claim loss of earnings etc.
hopefully it will all be sorted soon with not too much damage done as these
developements in lidding look huge........

Dont care who it is as long as it works as you say, should be a bright future for all share holders... Just lets get the CC ruling out of the way then both companies can move forward and make us profit.

Has anyone read anything about the likely timing of any rulings/hearings relating to potential damages. Incidentally i agree with previous comments . I cannot see why there would be any major charges for something that SEO made no profit from.Surely the charge would be for criminally stealing someone elses technology(worst case) but i am sure SEO will plead mitigating circumstances and that they believed they had full rights to the designs / technology.It may be that what SEO have already had to hand over may be of more value than what BPRG had in the first place because as far as i can see they han failed to develop anything!There was nothing SEO did that stopped bprg developing and marketing a product? There is a lot of BXXXXXXs being talked about this.....I just hope i haven't added to it!!

From a holder of BPRG congratulations to you all. SEO have played a blinder well done.

DSTOREY, A blinder indeed (with the packaging technology) and no reason why you shouldn't consider joining.
Hope BPRG/SEO come to an agreement re: the patent as TOGETHER these two could be 'kin huge. Your bb suggests rumour SEO have new evidence?
The meat packaging will be a winner for SEO, long-term holder here despite the recent bouncing about and should get our rewards.
Can't wait to take me profits on GLD after results soon (bought at 14.5p, now 26p and heading beyond 30p) and buy more SEO. Timing should be right as cc may please God be at an end and another buying opportunity?
I would stick with BPRG, (depending on your position and reason for buying),we have held faith with SEO and believed and now its looking rosy, I suspect the same for BPRG? Well done Bosley for putting SEO in ASOS double your share challenge.I also have YOO and fingers crossed this will do well.
With GLD/IDS flying and SEO/YOO potential I am happy now cos earlier this year I was shite.
Good Luck everyone.

Evolution have put a buy note out on SEO today. Very bullish circular quoting some big numbers. When i spoke to the author he said if the deals in the pipeline come off you can put a 0 on todays share price

Lets hope so, wish I'd had the funds and bollocks to buy again at 4p last week!!! Still, better to be in already with chance to get in again before take-off.

hopefully shares mag will do something tomorrow, maybe a story , or at least , a follow up to their tip. could also see seo getting a bit in i.c as well. good news to hear evo are so bullish on seo, ssanebs. is this where tim freeborn went ? just wondering looking at your last sentence......
im the same as you andy, wish i had more money so i could have bought more last week . you could be right that there will be a drop once the cc compensation thingy my jig is settled. whats all this on the bprg thread about seo having new evidence and bprg chairman resigning? is this why bprg price has plumetted? any thruth in the rumours or is it more bullshit?am trying not to get even more excited than i already am .ooooooo......anyway , got a feeling that seo will go all coy and quiet til cc is heard. well done to all those who didnt follow the herd. one more hurdle? , maybe, and then its all good.

Chairman of BPRG was supposed to do broadcast on iii, he is ill and subsequently the shorters moved in... The fundamentals have not changed for BPRG but it's a very very volatile share... I hold BPRG & SEO now...

up again today and buys outnumbering sells . if its up tomorrow too, then thats four days in a row. been a while since something like that happened .

Do you mean it should go down to-morrow? 8-)

Just popped in good evening all..

Managed to make some funds available to top up again but waiting to see whether can hold current price and keep moving on, still suspect lift-off not until cc put to bed. Don't mind one more fall for me to top up. What odds cos I don't mind one more fall now the future looks increasingly better there won't be one!!!

its down . i guess four in a row was a bit optomistic. hello dave. same here andy

Has anybody any idea on the size of potential damages and even when this cc is going to be concluded?

Biscuit - the court case IS concluded and Stanelco lost. What is left is to assess damages and costs.

The following is from yesterday's trading update from Bioprogress. Read it as you will but be aware it is the view of the opposition so far as Stanelco is concerned. Early 2005 would seem to be the time of hearing to assess damages.

Stanelco Fibre Optics Limited litigation

Costs were awarded to BioProgress following the successful outcome of the
Stanelco litigation and 181,000 interim costs have now been received from
Stanelco. The insurance cover secured by BioProgress will also underwrite other
elements of the costs, damages are yet to be assessed. The remaining costs and
any damages will now not be received until after the final hearing which will
now be after the end of the current financial year. Further substantial
exceptional legal and professional costs relating to the case have continued in
the second half of the year and no provision or accrual in the accounts is
allowable as the courts award of costs and damages are yet to be quantified so
will not make any contribution in the current year.

As you can see, SEO have paid 181k which is one-third of the interim award of costs (not damages - those are separate). Based on that, SEO may have another 362k in costs to pay depending on the hearing. The damages claim from BPRG will probably run into 7 figures (easily IMHO) as I imagine BPRG will cite the loss of opportunity to develop the technology given that SEO struck a deal with Cardinal based on IP it obtained from BPRG through breach of confidence (according to the Court judgement). The amount is all conjecture and has been done to death on the bulletin boards. Best to wait for the hearing.

i agree bones that the size of damages claim is all conjecture , so i dont understand how you can say

"The damages claim from BPRG will probably run into 7 figures (easily IMHO)"

also i dont see how bprg can cite the loss of opportunity to develope the technology when they couldnt make the technology work in the first place . seo did that........

Thanks for that Bones. I hold but will not increase holding until final hearing. SEO does not have any debt and I beleive with the new technology they now have and its huge potential, I think they should be able to raise more funds to pay damages if they are larger than expected.

That is misleading bosley. BPRG had the idea and asked three companies to look at ways of effecting sealing methods. SEO were one as they had RF expertise.

It was BPRG's idea and SEO were asked to see if they could make it work. SEO then went ahead and used the idea anyway and patented the idea as their own. A lowball game that.

BPRG didn't spend millions on the case to slap SEO's wrist. It is conjecture but I think that conjecture is how big the 7 figures are.

how can you accuse me of being misleading and then go and agree with me that seo made the idea workable? seo lost the case .fact.but they had a reasonable arguement that they made the idea work.i still dont understand why bprg waited four years though?its not so seo could iron out any problems and make the idea into something companies would want, is it? as far as i can see seo havent really made any money from the technology so how much have bprg lost out on ?the feeling i get is that the judge is more angry that an seo director ( i think ) lied in his court. that could do more damage than the actual claim. judges dont like that. will be so f**king happy when its all over . its such a small part of seo and there is so much good to come from seo but this is taking up the spotlight and moving the focus away from the massive potential of seo.