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

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.

There is more rubbish on here than on any other thread ! get real !

Re: EarthShell again, I found the following:

http://biz.yahoo.com/e/070122/esheq.pk8-k.html

"22-Jan-2007

Entry into a Material Definitive Agreement, Termination of a Material Definitive

Item 1.01. Entry into a Material Definitive Agreement
On January 19, 2007, EarthShell Corporation (the "Company") filed a voluntary petition for relief under Chapter 11 of the U.S. Bankruptcy Code (the "Code") in the U.S. Bankruptcy Court for the District of Delaware (the "Bankruptcy Court"). Also on that date, the Company has entered into a definitive Asset Purchase Agreement (the "Agreement") with EarthShell Acquisition Corp. (the "Purchaser"), a newly formed Delaware corporation owned and controlled by affiliates of our licensee, Renewable Products, Inc. ("RPI"), to sell substantially all of the Company's assets for approximately $1.0 million, subject to certain offsets and adjustments, including but not limited to the amounts advanced to the Company under debtor-in-possession ("DIP") financing arrangements to be filed with the Bankruptcy Court for Court approval. The Company intends to file the Agreement with the Bankruptcy Court shortly"

I believe this would normally terminate a licence agreement.

You could be right there RF:

required field - 20 Mar 2008 11:50 - 26248 of 26249
There is more rubbish on here than on any other thread ! get real !

required field - 20 Mar 2008 09:28 - 26245 of 26249
Sold at 108p ???? what on earth are you talking about ?

required field - 17 Mar 2008 10:11 - 26234 of 26249
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...!

required field - 17 Mar 2008 09:53 - 26233 of 26249
Dear oh dearie me !

required field - 17 Mar 2008 09:28 - 26231 of 26249
Well advised tweenie...AEX will do well !

required field - 17 Mar 2008 07:55 - 26226 of 26249
Everybody...SEO can wait.... check out AEX this morning !

required field - 16 Mar 2008 13:12 - 26222 of 26249
tweenie , thanks ! I make mistakes as well....but there is a limit...reading through some of the other bloggers...please check spelling before blogging if possible ! by the way how's the bottle of wine... ? or beer ? or spirits possibly ?

required field - 16 Mar 2008 10:04 - 26219 of 26249
In response to driver's moans....this stock moves up or down on a nothing rumour... I'm just trying to guess which way this bleated stock will go....could be .2p.... or on a whim of buying it could go up to 1p or more...could be over 2p at the end of the year....like many other people I,m trying to make a buck or two...I feel sorry for those that have bought in at 10p plus and are still in but with the stockmarket things move fast...making any sense out of this company takes some doing....at the moment I'd say things do not look promising !

required field - 15 Mar 2008 09:47 - 26211 of 26249
Well oblomov..Big Al...if you are right looks like it is best not to put a penny in here...does not look promising at all !, / funny !, after reading the RNS I thought things were looking up...now I've changed my mind !

required field - 14 Mar 2008 22:20 - 26207 of 26249
I fear that this is going back to the .2p that we saw before...there is an interesting point raised by oblomov...I have to say that I know nothing about this so any points by other bloggers would be welcome...we all would like SEO to recover...me included because it has potential...the only trouble is that every time it recovers something else comes along to knock it !

required field - 14 Mar 2008 15:56 - 26204 of 26249
They know it's dropping...now all the hype has faded away it's back to normal !

garyble,

'I didn't know EarthShell was owned by EKI...are you sure?'


'Essam Khashoggi, the brother of Saudi billionaire Adnan Khashoggi, co-founded EarthShell in 1992. He and his company, E. Khashoggi Industries LLC, and other affiliated entities are currently EarthShell's largest shareholders with nearly 8 million shares or close to 32 percent of the company's stock. The shares are valued at about $13.6 million based on the May 24 closing price. '

http://stlouis.bizjournals.com/stlouis/stories/2006/05/29/story7.html?jst=s_cn_hl

He subsequently stepped down as chairman, left the board but remained the largest shareholder. Now looks like the company has gone bust, as your post shows.

But it's the Novamont agreement that is crucial to us - whether that agreement is current and how it features in the patents dispute.

Thanks Oblo,

I'm still searching.

garyble ! I had no idea you were such a fan !...when I think of all the great stocks there are why this one ? it is sheer punishment !

Oh garyble mon chou ! mon amour ! (in miss piggy's accent ...from the muppets) come heere ! smack ! smack !....kermit eat your heart out !

Looking at Garyble's post 26249 and reading the agreement (see contract) http://contracts.onecle.com/earthshell/biotec.lic.2002.07.29.shtml it does look as if such proceedings would terminate said agreements.

Been away so have 300 plus e-mails to check so only had time to skim contract details, but it may assist.

required field
It looks like you are talking to yourself some posters on here have been here for a long time and some have lost a lot of money more than you could dream about so we do not need you to keep reminding us that this is a crap stock we know. On the other hand this stock may come good one day and multi bag from here IF investors have averaged down a bit they could get some or all of their money back. If this is what you think There is more rubbish on here than on any other thread ! get real ! then dont come on here.

well said driver! people like that aren't funny they are just boring. have a good weekend all fellow seo holders.

Well driver and moneyplus...check out blog No 26243 from barnet12345 ....what do you call that ? It should have been .20p up to 1.25p...!,yes it might come right one day ...hope for you lot it does !

With regards the Novamont / Sphere dispute.
If patents EP 0 327 505, EP 0947 559 and EP 0 937 120 were in place at time of Cross Licensing Arrangements in Aug. 2001 between Novamont and Biotec, I believe the Biotec licence to 'manufacture material' from the shared IP then transferred to Stanelco when they bought Biotec. Though Sphere then bought a 50% share of Biotec, are Novamont telling Sphere that they could supply the raw materials, they could make the 'resin', but they could not manufacture goods from that IP.

From results statement.
"Local arrangements for sales in north America were terminated in the period, it is expected that we shall be developing a renewed approach to this market in 2008."
Pie in the American sky?

RF in repsone to 26258

Er um actually it is barney12345, and it is called irony you fool, follow the link and you will see the article. Surprisingly I did not really believe that they had reached 108p...............

Those of us who have been here since you were in short trousers are still able to find some amusement in this.

Now go away.