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

Sorry I forgot the Bioprogress court costs which Stanelco will also have to pay, estimate is between 1.5 million and 2 million; getting costlier with every delaying tactic Stanelco use.

A precis below of Tom Bulfords comments on the SEO/BPRG spat over several months.

Dont believe it contravenes copyright but no doubt MAM will remove this post if they believe otherwise. BPRG have even been ordered to pay some of SEO's costs.

The figures and Tom's view are NOT in line with Shamona's. I know who I'd rather believe!

-------------------
Contrary to Bioprogress's PR spin, the
judge's verdict did not give it anything like a comprehensive victory.....
......of the three families of patents under dispute, the judge
found in Stanelco's favour for two of them.

The case has cost Stanelco 600,000, and it expects to pay a further
400,000 towards an appeal and Bioprogress's costs. This extra amount
will be more than covered by last week's exercise of options by Ian
Balchin, which will raise 1m for the company.

Rival BioProgress's spin merchants have put out another misleading statement concerning Stanelco's liability to pay its legal costs. Howard White,
gave me details of the costs of this case, and suffice to say that
Stanelco has all the necessary cash, but in any case intends to appeal
against the judgement.

In the
latest twist of its dispute with
BioProgress, it has been granted leave to
appeal over the findings made against it.
BioProgress was also ordered to pay 9,750
towards Stanelco's costs for this hearing
and an earlier application.

shamona-why-let-facts-get-in-the-way-of-truth, it's shocking the absolute bollocks you pretend to be fact. here is an rns from december 2004, long after the initial cc.

"Stanelco PLC
07 December 2004

7 December 2004

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.' "

now why would cardinal continue to pump money into ingel if they intended to sue.

"ps Cardinal will want that money back plus interest and costs, expect another lawsuit to follow this one."

also, greenseal has been confirmed by many knowledgeable people as being free from any patent claims. we all know about the cc and its possible outcome and implications. but please get real; if bprg start stamping their feet wanting a ridiculous amount in damages seo will simply appeal and delay. take a good look at bprg. how much longer can it survive? judge floyd gave seo leave to appeal any damages claim , which is basically saying to bprg not to be silly trying to claim unreasonable amounts. personally , i think they deserve sod all.

"judge floyd gave seo leave to appeal any damages claim "

No he didn't!

Bioprogress has cash for two years and is going to commercialize Nrobe early next year, see www.fmcmagenta.com for details.

ps If Stanelco's costs are 600k how on earth do they think the Bioprogress costs will be less? The BPRG team are the best and costliest in the country!

Oblo

That is an old outdated piece, we all know Patent family 1 is the only one that matters as the other two patents were ruled to be owned by neither which means Bioprogress can use them; so to state Stanelco won them is false.

The judge infact asked Bioprogress to compile their damages claim for the breach of confidence, the appeal will not hold up this process as it's not connected.

breach of confidence has not been appealed

bollocks.

"Stanelco PLC
21 March 2005

21 March 2005

Stanelco plc ('Stanelco')
Stanelco wins leave to appeal

Stanelco RF Technologies Limited, a subsidiary of Stanelco, the RF (radio
frequency) applications group has been granted leave to appeal over the findings
made against it in its long running dispute with BioProgress Technology Limited.

In the hearing at the High Court on Friday 18th March the Court also stayed all
further proceedings relating to the dispute, including BioProgress' claim for
damages and the process directed at implementing the judge's initial finding
until after the appeal is heard. BioProgress were also ordered to pay 9,750
towards Stanelco's costs for this hearing and an earlier application by
Stanelco. BioProgress were also given leave to appeal the court's trial
judgement. "

Some of you are so biased you're willing to listen to untruths rather than face facts.

I suggest you read the publically available court summing up papers.

This is so boring ZZZZZZzzzzzzz

bosley

That was written by Stanelco and is factually incorrect.

shamoaner

You have had your say, alerted us poor deluded folk to the fact that SEO will be out of business courtesy of the dispute with BPRG. I will be sorry to lose my investment, but hey that's life. Now please disappear until the results of the CC are determined by a Judge rather than by a self proclaimed expert such as yourself.
No doubt not only are you a successful investor of 30 years (with the exception of BPRG) but a fully qualified barrister as well?

Ta Ta

Shamona,
If we said we all agree with you, will you piss off.

I agree I agree I agree I agree

shamona, you do come out with some corkers...

"Some of you are so biased you're willing to listen to untruths rather than face facts"


aldwickk, if it works, i agree

Why don't we just wait until after the court case, when we have the outcome. We will have the facts then,The way this is going, shamona will be posting the same rubbish for months.

The judge will decide.

Sham sho,

Come let a big gorilla like me give you a big hug!!! Ok so you've made your point about the damages. Now run along like a good little chimp.

Now what we could discuss is whose share price will be greater in 5 years...BPRG or SEO? Anyone open for debate on this one?

Kong

Shamoaner - stop shamoaning - even if you are right, nobody cares.

sd, stop it. dont you see it? the power of seo ! it just seems to bring out the best in people. look at how pally the regulars have become. look at how much time and effort ii put into his posts , just to save us from wasting our money investing in seo . now shamona is doing his level best to protect us from squandering our hard-earned cash!! we should be applauding such selflessness! let the goodness of man continue to shine through!!

bosley - in language I know the musician in you will understand, "beat it!" lol!

Oh Shamona, if only I'd listened to you last year when you said SEO were shite and would go bust, why did I buy loads more at 5.45p on New Years Eve, was I pissed? I could have stopped myself making so much profit!!!
And yes, I've already banked enough to cover my original investment and now I have a load of "freebies" to run their course.
I don't take the future from here for granted, of course it could come to nothing but I happen to believe that SEO has the concepts and products to succeed if managed correctly. If you have a paper-loss on BPRG, I sincerely hope that you recover it, but please don't cling on to your only hope of ever recording a profit being from a 20m payout from SEO cos it aint going to happen.
Now this is an SEO investors thread, you've said what you have to, now go and join your chums on the BPRG site where you are supposed to be, SEO investors are not on that thread taking the piss and saying BPRG will go down the pan.