bosley
- 20 Feb 2004 09:34
AdieH
- 08 Dec 2004 15:24
- 361 of 27111
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...
mickeyskint
- 08 Dec 2004 16:56
- 362 of 27111
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
superrod
- 08 Dec 2004 17:03
- 363 of 27111
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.
AdieH
- 08 Dec 2004 19:34
- 364 of 27111
Yes same here would be nice to know wats going on, what percentage on total shares is 41m...
Jumpin
- 08 Dec 2004 19:46
- 365 of 27111
Shares in issue 782.23Million
Big Al
- 08 Dec 2004 20:02
- 366 of 27111
What's the spread on this?
Buy at 4p, sell at 6p. Hmmmmm
Biscuit
- 08 Dec 2004 20:03
- 367 of 27111
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.
bosley
- 08 Dec 2004 20:21
- 368 of 27111
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.
ssanebs
- 09 Dec 2004 02:41
- 369 of 27111
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?
Jumpin
- 09 Dec 2004 07:22
- 370 of 27111
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 ;)
Biscuit
- 09 Dec 2004 07:40
- 371 of 27111
Believe the result of cc is due today
AdieH
- 09 Dec 2004 08:10
- 372 of 27111
Where did you get that from? I thought the companies would be written to (with no time scales give), I maybe wrong...
Biscuit
- 09 Dec 2004 09:27
- 373 of 27111
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
Biscuit
- 09 Dec 2004 09:28
- 374 of 27111
Let's hope it's a good one, would be good to get this out of the way before Christmas!
mickeyskint
- 09 Dec 2004 15:10
- 375 of 27111
Time for the Director's to move on. They have a company to run and put some real value in my shares.
MS
AdieH
- 09 Dec 2004 18:13
- 376 of 27111
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...
bosley
- 09 Dec 2004 21:49
- 377 of 27111
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.
bosley
- 09 Dec 2004 21:58
- 378 of 27111
"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.'"
sounds like a threat to me. maybe its a warning to bprg not to take the piss with its compensation claim or seo will drag this shit out for a long long time , doing neither company any good but to me it seems bprg need this sorted more than seo do. possibly a good buying opportunity as seos statement ends on a positive
"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."
so more good news to come form our boys.
ssanebs
- 09 Dec 2004 22:33
- 379 of 27111
All thia is irrelevant. I notice that no one even mentioned the ingel deal with cardinal health. My brother pointed out to me that the investment represents over 10m by cardinal. Seo is showing great prospects and just winding bprg up. Its now just personal between them
bristlelad
- 10 Dec 2004 08:51
- 380 of 27111
I completely AGREE with you ///AS regards to the WINDFALL to BPRG I think that holders of bprg should NOT count on it/////