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

Yes. Just into profit including costs.

Haystack,

I think the whole market expects poor results as to profit loss, EPS etc, so that is already priced into the sp. I expect several updates re SEO products in a positive vein, that will hopefully move the sp northward. Obviously could be hopelessly wrong, as I think we are all into guessing territory.
If the results are bad with no, or little good future projections, in my opinion it will be SEO's last chance saloon.
(An old film, no doubt some of you are old enough to remember).

I've been away for a month - can anyone update me briefly on good news/bad news, please - if any?

Oblomov,

First, welcome back. (been sunny yourself somewhere?)
Nothing really happened, things ticking over with no updates on anything.
Just results due 21st March.
So status quo.

oblo The only hard news in the month was the release of a patent concerning dielectric welding. See dialogue above between kimoldfirld and myself. There are 5 signatories and it has obviously been a major project preventing over-heating and the effect of food morsels causing short-circuits. This appears to have been the problem for which Birmingham University provided a short-term fix but has presumably been more intransient. The informed view appears to be that there will be hard news of progress on GreenSeal with the prelims. Oh yes, and EWR bought back in which must be bullish!

Cynic's research is poor because SEO have recently raised cash which covers research and operating costs this year. I have sympathy for Haystack's short for the Challenge - very nearly did that myself because the sp rise was premature, reportedly the ending of a large sell position. However, suggest he closes the position before it bounces off the support at 1.1p.

Eric

Thanks Greek and Eric.

I've been to NZ, greek, plenty of sun but some snow at the higher altitudes!

I'll have a look at that patent later. I did have a quick random look at the last months posts - seemed to be some news about ASDA not going down the bio-d route? Also, why the price rise and then fall showing up on my quicken while I w\s away?

Had a look at the Patent -

Eric 'I am taking the view (5 engineers are named on the patent application) that this will remove the stopper on Greenseal progress.'

The patent was filed in July last year - it would already have 'removed the stopper'. They didn't have to wait for publication before implementing the changes in it.

It also cedes priority to two earlier GB applications in 2005 - i.e. this is not new technology - it is the technology they have been using all along, the European patent has been granted, thats all.

Oblo, you are absolutely right! Moreover the first set of names I mentioned in my post 23613 related to a different patent, so complete misinformation all round; I will apply for a job in Stanelco management forthwith, given their track record I should be good at it!

To be fair to the present management, we have not had any information of late which could be considered to be inflamatory: it will be interesting to see if they withhold any news until the Results in March and not throw out tasty little bits beforehand as they have done in the past.

I envy you, NZ is on my holiday wish list and I will be off in a flash when SEO shares reach 1!
kim

oblo Quite right re the filing of the patent - it has taken seven months for approval. It will have been thoroughly field tested since and could well be the reason for increasing optimism re GreenSeal. No suggestion that the technology is new; the whole point is that the patent covers the overcomiong of obstacles which were serious enough to prevent commercial adoption of the technology.

I suspect that they could have pushed through the first commercial deal for GreenSeal by now but are waiting to pull togther progress reports with the Prelims. Essentially that is why I am back in. The sellers, including shorters, are active and may get the price back to the support level, but when positions are closed that could start a bull-run up to the results: then all will depend on the level of hard progress achieved and the associated analyst projections.

Eric

Eric,

I am afraid you are a little confused over what this patent is. As I said before, it cedes priority to two GB Patents filed in 2005. That means it is based on those two patents - nothing has been changed or added it is merely a patent which extends the territory covered - i.e. the EU as opposed to purely the UK.

It doesn't relate to a recent improvement.

oblo I see the reference to the two GB patents in 2005 which have precendence and that this is a EU application. What is your basis for saying that there is nothing new in this application?

Eric,

When a patent claims priority from a previous patent it is claiming the earlier date, for retrospective protection. The 'priority patent' has to be for the same invention.

That is, the European patent is for the the same invention as the two earlier GB patents - if it had anything added (improvements) it couldn't claim the earlier priority dates.

:~)

Still not convinced oblo. A 'patent family' is a group of patents which, like a family, are all related to each other, in this case by the priority or priorities of a particular patent document. This patent and the two GB patents are included ina patent family. Priority has a meaning according to the Paris Convention which I haven't been able to check but it seems reasonable to assume that it is prior in time. If the patents were identical there woule be no point in referring to them as a family.

For anyone who is questioning the relevance; it must be significant if SEO have filed a patent which clearly overcomes technical problems in relation to short-circuits caused, for instance, by food particles. Given that we know that there were technical problems (possibly also performance problems) with the pilot sites, it is significant that these appear to be in the past.

Eric

Eric,
My understanding of patents is just a tad more than my understanding of partial physics, quasars, black holes, and the meaning of life, (according to Monty Python).
So because of that I won't attempt to put my views except to say,Your interpretation makes good sense and is well put. Lets all hope common sense comes into patents!

Eric, the European Patent Office has this on their register, it shows the application filing date as 24.7.2006: the latest on the register is the Grant of patent:-

EP1749641 - Dielectric welding

Status: The application has been published
Database last updated on: 16/02/2007
Most Recent Event: 05/01/2007 Publication in section I.1 EP bulletin published on 07/02/2007 [2007/06]
Applicant(s): For all designated states
Stanelco RF Technologies Ltd.
Starpol Technology Centre, North Road, Marchwood Industrial Park Marchwood,
Southampton SO40 4BL / GB
[2007/06]
Inventor(s): 01 / Smith, David John Stanelco RF Technologies Limited
'Barnscroft' Winsor Lane Winsor
Southampton, Hampshire SO40 2HG / GB
02 / Grimes, Ryan Stanelco RF Technologies Limited
36 Buddens Road
Wickham, Hampshire PO17 5HQ / GB
03 / Loutit, Magnus John Stanelco RF Technologies Ltd.
5B Languard Road
Southampton, Hampshire SO15 5DL / GB
04 / Sofield, Carl John
Gage Cottage Rowstock
Didcot, Oxfordshire OX11 0JS / GB
05 / Koltsov, Denis Konstantinovich
Flat 1 Marybank Barn Caton Green
Brookhouse, Lancashire LA2 9JG / GB
[2007/06]
Representative(s): Mansfield, Peter Turquand
IP Solutions Fugro House Hithercroft Road
GB-Wallingford, Oxon OX10 9RB / GB
[2007/06]
Application No., filing date: 06117705.1 24/07/2006 [2007/06]
Priority No., dates: GB20050015981 04/08/2005
GB20050024175 28/11/2005
[2007/06]
Filing language: EN
Procedural language: EN
Publication: Type: A1
No.: EP1749641
Date: 07/02/2007
Language: EN
[2007/06]
Classification: international: B29C65/04 [2007/06]
Designated Contracting States: AT, BE, BG, CH, CY, CZ, DE, DK, EE, ES, FI, FR, GB, GR, HU, IE, IS, IT, LI, LT, LU, LV, MC, NL, PL, PT, RO, SE, SI, SK, TR [2007/06]
Extension States: AL Not yet paid
BA Not yet paid
HR Not yet paid
MK Not yet paid
YU Not yet paid
Title German Dielektrisches Schweissen [2007/06]
English Dielectric welding [2007/06]
French Soudage diectrique [2007/06]
Application is treated in (/fax-nr) MUNICH/(+49-89) 23994465
Documents cited: Search [X] US2667437
[A] JP59198117


Also the drawings and descriptions are the same in the 24.7.06 documentation as 2.07, I think it is just a matter of finalising the Grant on an existing invention. Do not despair though, it means that the invention works!
kim

Kim/Eric,

Thanks to both.

Kim - thanks, but prefer to join Greekman in the particle physics module

I understand that they are advertising for the first dog on a space shuttle to Mars!