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

Price is going down and large volume, something seems to be up wonder if they have heard about the court case results... Can't think what else might be driving price down...

strange as when the 41m were sold the price didn't move and the share sale wasn't delayed at all (usually delayed for 1 hour)

These could hit 4p. Got out yesterday. Got it right for a change.

MS

Why do you think that? The company hasn't changed over night, possible court case goes against us which I also believe will happen but tray lidding leads the way...

From the other place. Something is going on. Why would ADVFN remove old postings?

Most intruiging, mots. Anyone got a good enough memory (ie. one not ravaged by years of drink- and drug-abuse!) to recall what the hell was being posted/discussed on the 1st that would merit removal by ADVFN?! LOL!

MS

AdieH
ANYONE who dumps 41million shares at whatever price should act as a warning imo.the share didnt go into freefall on the sale so i am keeping my options open at present.

Yes same here would be nice to know wats going on, what percentage on total shares is 41m...

Shares in issue 782.23Million

What's the spread on this?

Buy at 4p, sell at 6p. Hmmmmm

Interesting, from "the other place". someone claims the 41m was actually a buy, not a sell. Not sure either way personally, must admit it seemed strange that the sp didn't move much.

evening all. been ultra busy last few days so playing catch up .41 million shares?didnt ian balchin excersise some options in october selling roughly 41 million shares at 4p? who bought them? nice profit for whoever did? i found this quite interesting. why would cardinal continue to put money into ingel, seo's subsidiary that is directly affected by the court case.

Stanelco PLC

Re: InGel Technologies Limited

Stanelco plc, the RF (radio frequency) applications group, is pleased to
announce that it has agreed a modified deal with Cardinal Health in relation to
its investment in InGel Technologies Limited (InGel), the Stanelco subsidiary.
Cardinal Health will continue to invest further in InGel shares, in the near
term a sum of approximately 410,000, and depending upon certain criteria being
met within two years, a possible further investment of up to approximately
410,000. As a result of this transaction Cardinal's ownership in InGel would
increase in the near term from 5% to 7.6%, and if the further criteria are met,
to 10%.

Commenting, Ian Balchin, Chief Executive of Stanelco, said: 'This is good news
for Stanelco and we intend to apply the proceeds towards commercialising the
Company's RF sealing technology.

Stanelco's main focus at present is upon the commercialising of its RF
tray-lidding technology for food applications - which is completely unconnected
to the litigation with BioProgress. We have production trials commencing with
several large packhouses over then next few months and we look forward to the
results of these during the first quarter of 2005.'


why would a company like cardinal put more money into something that they might not be able to make use of if the final judgement goes against seo? anyways, going to bed now cos i am absolutely knackerd.

the 41m shares were sales but the market maker placed them immeidiately at 5p. My broker tried to buy some at 11:15am and the MM said they were already placed. As they were placed the price did not fall, but intresting to find out who the seller was? or were options taken up and sold?

If that was the case, then how come there was not another 41M trade reported?

Think you will find the answer in the trades reported ;)

Believe the result of cc is due today

Where did you get that from? I thought the companies would be written to (with no time scales give), I maybe wrong...

COURT 55
Before MR C FLOYD QC (Sitting as a Deputy Judge of the Chancery Division)
Thursday, 9th December 2004
At 10 o'clock
Unrobed
For Judgment
PATENTS COURT
Application
Stanelo [sic] Fibre Optics Ltd v Bioprogress Technology Ltd

Let's hope it's a good one, would be good to get this out of the way before Christmas!

Time for the Director's to move on. They have a company to run and put some real value in my shares.

MS

Yep lets move on for Gods sake... Reading SEO RNS I think they are resigned to losing this but are having a great deal difficulty in admitting it, move on SEO...

LONDON (AFX) - BioProgress PLC said the UK Patents Court has rejected the attempt by Stanelco Fibre Optics Ltd to re-open the patent case, and has awarded the relevant legal costs to BioProgress.

However, Stanelco has been granted permission to appeal this latest decision but this will not hold up the process for assessing the damages to be paid to BioProgress' wholly owned subsidiary, BioProgress Technology Ltd.

In a statement, BioProgress said Stanelco must now comply with the court's previous order and disclose all material details relevant to the misuse of the information previously given to them in confidence by BioProgress.

These details will allow BioProgress to formulate its damages claim which will then be assessed by the court, it added.

In a separate statement, Stanelco's chief executive Ian Balchin said: 'There are a number of important issues yet to be resolved in this case including the extent of BioProgress's claim for damages and an application by Stanelco for leave to appeal the main judgement.

'We don't see this matter being finalised for a long time yet.'

Stanelco said it is focusing the majority of its efforts on

commercialising its food tray lidding technology in conjunction with strategic

partners and expects to be able to announce more on this in the near future.