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

Thanks Oblo,

Certainly worst case scenario and good to have that as a reasonably possible outcome.

From past performance {BPRG CC} SEO were very upbeat with their "defend rigorously" etc, ect.... Then had to pay 1m plus share the patent(s), so I'm not at all confident about this current patent dispute with Novamont.

Can't they get it right?:

http://www.packagingnews.co.uk/news/790880/Stanelco-results-hit-project-closure/

"The company's share price fell 11p to reach 68p following the results announcement"...we wish!

after reading RF's post , i sold all my SEO stock and brought into AEX.

He's my hero.

;-)



A lot of panic selling early door,lets see what this week has in store.

Well advised tweenie...AEX will do well !

cheers RF.
As has been shown my knowledge of the stock market is second to non.
Is there any more room under that rock you crawled out from?

off to work.
rf squelched.
PLEASE DYOR.

Dear oh dearie me !

Don't look back in anger...Seo can wait ! Tweenie come back...what am I going to do without you....let's have a look at the sp that should cheer everybody up !...oh dear ! it's down again...!

Its not working.

I thought I skiied some steep slopes last week in St Anton - molehills compared to that.

New level forming Baylis?

Oblo,

Under the control of EKI, Biotec were successful against Biocorp Inc. & Novamont S. p. A. back in 2001. The case was decided on May 14 with damages of $1m awarded to Biotec.

On 2nd August 2001 Biotec then enetred into a "patent cross-licence agreement" with Novamont.

Biotec then granted EarthShell Corporation (EC) Exclusive licence on 29th July 2002 with Biotec KG recieving $100k monthly payments plus royalties payable to EKI.

Does anyone know if the EC agreement is still in force? Also, does Biotec recieve EC royalty payments?

Note:

The agreement identifies:

EKI: E. Khashoggi Industries, LLC, a Delaware limited liability company
Biotec KG: bio-tec Biologische Naturverpackungen GmbH & Co. KG, a German limited liability company
Biotec F&E: bio-tec Biologische Naturverpackungen Forschungs und Entwicklungs GmbH, a German limited liability company
Biotec: "Biotec KG" + "Biotec F&E"
Biotec Group: "Biotec" + "EKI"

I believe Delaware is a tax free state in USA,I once owned shares in a Co. on aim back in 2000,they moved out to Delaware and we the shareholders lost the lot basically.Murky waters!!

Kashoggi wasnt he an international arms dealer?!

Adnan Khashoggi: Arms Dealer
Essam Khashoggi: EKI
Adil Khashoggi: ???

Another green measure - perhaps for the next Budget - was last week's announcement that supermarkets must curb plastic bag usage or risk legislation which could force them to charge their customers. This boosted tiny biodegradable packaging group Stanelco (SEO), which rose from 20p to 108p in a few days before rational thinking stepped in.

hope everyone sold at 108p!!!!!!!!!!!!

garyble,

Thanks for that.

'Does anyone know if the EC agreement is still in force? Also, does Biotec recieve EC royalty payments?'

My own research led me along the same path and I asked the first question in an earlier post - presumably no-one knows.

As time goes on further question marks appear in relation to Biotec - the same thing happened with Greenseal and we all know where that ended!

Sold at 108p ???? what on earth are you talking about ?

garyble,

The EC agreement ends on June 30th. 2008. It is royalty-free.

It refers to the agreement with Novamont which appears to have been in place in 2005 when Sphere and SEO bought Biotec - presumably it still is. Khasoggi owns Earthshell, I believe, and of course owned Biotec before the sale to Spehere and SEO.


http://www.secinfo.com/d12TC3.z12qb.d.htm

I cant find details of the Novamont Agreement so dont know if its in force. If it is, it may form the basis of Novamont's patents claim.


BTW, Essam Khasoggi (of E. Khasoggi Industries) is Adnan Khasoggi's (the arms dealer) brother, apparently.

Oblo,

Certainly becoming a bit clearer re: EarthsShell. I didn't know EarthShell was owned by EKI...are you sure? The contract and all other reports refer to them as distinctly separate entities with no other relationship apart from ineterest in licences.

There are in fact three Khashoggi brothers as posted above.