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

ewrobson

Judge Flyod stated in the SEO, BPRG court case summing up that a capsule could be classed as any type of small container, would Stanelco ever have thought of sealing a tray film if Bioprogress had not introduced them to this type of material?

Remember Bioprogress have already won the court case, all that is being appealed is a point of law. If as expected Stanelco lose all patents for the rf sealing of capsules I do indeed thinkgreenseal will be among the victims, add in damages and one begins to wonder why this company is valued at near on 200 million pounds.

NJ That Hardman report has missed one of the best low hanging fruits for SEO; the Mondini deal, whereby they manufacture a new RF tray lidding machine to tackle an annual market of some 6000-7000 machines has to be the one bit of the RF part of the business which will probably bring in revenues to more than match what 200-300 Asda suppliers will bring, and all for far less effort on the part of SEO's team. Does anyone know when that Mondini RF machine will be ready? It cannot have been too difficult to modify an existing product range and the deal was struck a few months ago.

eric, before you respond, don't waste your time. it's drivel and we all know it's drivel. the phrase "clutching at straws" springs to mind!!!

Looks like SEO are on borrowed time to me , or should I say "Borrwed Patents" from BPRG.
I suppose worst case scenario is that when damages are awarded to BPRG , it will go tits up .
Justice for the victims of theft .

Agree, bos. Ignore him with the ignorance he demonstrates!

oh dear. is advfn down or are schools not back 'til tomorrow?

bosly & ew

Bury your head in the sand if you wish but even you two must admit that come January their is a very good chance this company may be forced into bankruptcy.

Big difference between raising cash for acquisitions and raising for damages, who in their right mind would lend a loss making company 20 million pounds to bail it out?

Got it in one!!

Its a funny old world....takes all sorts really!!

Yep!....Gotta agree with that .

You can`t raise money for damages , and we know damages WILL be awarded .

..........So , where`s the cash comming from ?

Good to identify the pro's who've just arrived.....straight into the filter bin!

Nice touch MAM, squelched rubbish disappears without a trace.

GREAT!!

Does this guy still post here :

paulmasterson1 ?

Niggsy

Someone told me he was recently certified as mentally unfit, in a care home somewhere i'd presume.

Shamona et al

You are all going to be very disappointed BPRG'ers come January when the breach of confidence ruling is overturned on prior art grounds. Don't forget, the Judge Floyd ruling that barred the prior art from being admitted to the case is being appealed, and if Stanelco win, as I expect them to do, no damages will be payable.

Even without a reversal in the breach of confidence ruling, damages will be minimal. Such awards are based on direct losses, not losses based on 'what might have been, if...'.

It never ceases to amaze me how loyal you BPRG'rs are to a lost cause. Just take Wyeth not renewing thier interest in Swallo. Swallo needs RF to speed up production and reduce costs ,and without Patent Families 2 and 3, which Stanelco retain ( and will continue to retain after the appeal ), Patent Family 1 will be of little use to BPRG. If you lot think BPRG will be able develop an alternative process to those contained in Patent Families 2 and 3 in anything less than several years and at the cost of several million pounds - and that's if they can find a partner with the necessary expertise - then you are all living in cloud cuckoo land.

Anyway, carry on grasping at straws if it makes you all feel more secure in your BPRG investments, but if you have any sense, you'll re-evalute your strategy before its too late.

Take heed my insecure little friends!!

Sharesure

The Hardman report came out before the G Mondini and the acquisition of Biotec so that needs to be written in. If SEO do have to pay damages that will not be a problem, it will be a drop in the ocean against future revenues, may be SEO should buy out BPRG then that will be the end to it.

driver, agree about any damages, if there ever are any; I would think SEO can postpone those almost indefinitely and the richer the company becomes the more clout it will have to push BPRG to the edge, ....or over!
Take your point re the Hardman report; the Mondini deal does seem to be treated low key but at the EGM, Ian Balchin was confirming that it is a 'peach'
Anyway, back to CHP; if you aren't there, don't be leaving it too long

any particular reason why the cc has been brought up? are we due in court ? or do bprg holders have nothing else to talk about?

'shamona - 06 Sep 2005 13:26 - 8917 of 8927
Big difference between raising cash for acquisitions and raising for damages, who in their right mind would lend a loss making company 20 million pounds to bail it out? '

Shamona,

You've hit the nail on the head when you said 'a loss making company'. Even assuming the appeal is unsuccesful, any damages awarded will equate to the loss BPG have suffered - i.e. the profit SEO have made from the alledged infringement of patents rights. Given that, as you point out, SEO are loss making It is unlikely that this amounts to much, if anything at all.

There MAY, but not necessarily, be some costs awarded. The cost to SEO is likely to be fairly insignificant.

This is about deciding who has the rights for the future - there is no significant past damage to be reconciled.

Hi All,

I’ve just noticed that EVO issued a new note, last week (day of the EGM).
I haven’t seen it here, but apologies if this is a repost!

30th August 2005

A breakthrough for biodegradeables
Stanelco has enlisted Cargill, the US food giant, as a customer for Starpol
2000, its starch-based biodegradable plastics. Cargill is a key partner of Wal-
Mart. The deal boosts the credibility of Stanelco’s US ambitions.

At least 15k tonnes in first year
The company has signed a supply agreement with NatureWorks LLC, a subsidiary
of Cargill. Over the next year it will supply at least 15,000 tonnes of Starpol 2000,
the biodegradable starch-based plastic. Starpol can be used to make food trays,
films and carrier bags. The company has indecated prices per kg of $5 to $8,
suggesting first year sales of $75m.

Biotec: a rare bargain
The material is produced by Biotec, the German company bought by Stanelco this
year and then joint ventured in July with SP Metal of France. The $12.5m net cost
of that deals is starting to look a remarkable bargain.

Wal-Mart bangs drum for green credentials
On 17-19 October at the Sustainable Packaging Forum in Philadelphia, Wal-Mart
and NatureWorks will outline a joint presentation of their plans for biodegradable
materials. Wal-Mart sees its green credentials as an important commercial asset.

Potato-plastics are cheaper
But the rise in the oil price and the arrival of Starpol has also changed the
economics of biodegradable materials on their head. A year ago even the best
biodegradables still cost around twice as much as oil-based plastics. Now the
picture is reversed and potato-based plastics have become cheaper as well as
greener.

1c saving per tray?
We envisage that savings of 1c per food tray are realistic, including the top film as
well as the tray itself. Each tray-lidding machine handles around 6m trays per year
and there are around 60,000 machines worldwide. The opportunity for royalties is
therefore vast. We will try to quantify these properly in the near future but leave
our forecasts unchanged for now.

Greenseal slow but accelerating
It is fair to say that progress on sales of the Greenseal sealing units has been
slower than we hoped. But the arrival of Martin Wagner (from Asda) as UK
commercial director leads us to expect an acceleration. Meantime in the US the
company is in close talks with Wal-Mart and other major food players. Greenseal
and Starpol can be optimised to make each other more competitive.


:-)