is there any body who could share his views about long term future of forbidden technology.i am holder from tech buble times and still hope best is yet to come for FBT

This might be a startig point

ROFLOL

I received a copy of the annual report a few days ago to take a look.

It has been falling consistently for 10 months.

It has less than 3p per share of net assets. The rest is hype.

At end December last year FBT had 2.3M. At the end of the previous year they had nearly 2.8m. So they had a cash burn of about 440k. We are about 6 1/2 months into this year. At that rate they have spent another 238k or more (probably more as the cash burn has increased every year).

This means that the cash reserves are now about 2.13m or less. There are 75.47m shares in issue. That is 2.8p net assets per share.

The shares are trading at 22p. That means they are trading at 7.86 times their net asset value.

This is very high for a company that has never made a profit, has a tiny turnover and sells non standard products that the market doesn't seem to want.

Thank you Haystack - If only the majority of posts were as concise and easy to understand.
Snappy - what does ROFLOL mean. Seems to me that a thread containing abv might be a good idea.

"The shares are trading at 22p. That means they are trading at 7.86 times their net asset value.

This is very high for a company that has never made a profit, has a tiny turnover and sells non standard products that the market doesn't seem to want."

Sounds very similar to Tadpole!

ROFLOL stands for roll on floor, laugh out loud

Haystack, have taken into account all those users paying 10 to alpha test the product in your ca$h burn predictions ? ;-)

ROFLOL

snappy - thanks LOTFCIMM - "Lying on the floor crying in my milk" - putting this one on my watch list.

why are we so negative about this stock
anyone with serious comments pls

basharat - just wait until after the IBC, after which I'm sure you shall see a very sharp rise (see graphs after last years event), but I wouldn't expect FBT to be making any seriuos money in the short term, as they are still in the R&D stage, the long term that's a different story

Tokyo you always seem to appear on bombed out hugely speculative shares. Is this coincidence?

FBT has been in the R&D stage for years. It looks like never finishing.

They are still heading down a dead end as the rest of the world is using streaming systems based on the mpeg-4 standard. They make a sizeable loss (getting bigger each year), have only about 40k turnover, have a large cash burn (getting bigger each year) and hardly any customers.

i think we are at the bottom price noew for this cycle.there is surely some serious money to be made in commimg month and if we get one good contract which i believe we are in negotiation at the moment this share could fly beyond our imagination. i still have faith in this company and will surely give it atleast one more year.

Very difficult to spot a share at the bottom of a cycle or anything else.

A share price can alwasy go lower!

there has been some poitive movement today.any body sitting on any information

Would expect it is a build up to the conference next month

FBT moves up briefly and then drops back lower than where it started about once a month. Sometimes it is a rumour or just the MMs playing games.

In June it moved up by a larger pence value and % than today and in a few days was lower than is started.

Every time punters get excited and lose a bit more money. I suspect that the MMs move it up to encourage buying and then back down again to its more realistic level.

The IBC conference in September has over 1,000 exhibitors and is a broadcasting conference and exhibition. FBT are in a small side hall at the exhibition and will be a small sideshow. Have you ever been to the Ideal Home Exhibition and seen the stands where some guy is demonstarting a wonder mop.

blue again today!!!

Yes. It often is up for a couple of daya before it drops again. It has that saw tooth pattern you get with a lot of falling stocks.

Look what it did in June and May and March and February.

http://news.independent.co.uk/business/analysis_and_features/story.jsp?story=546697


THE NEW THREAT - VIDEO OVER BROADBAND?

Cable television was always seen as the main threat to BSkyB's dominance of the digital television market. The so-called "triple play" - bundling telephone, broadband and television services together - was supposed to be enough to draw consumers to cable rather than satellite.

But it didn't happen. The two main UK cable companies, NTL and Telewest, ran out of money. Growth in cable television subscribers was reduced to a trickle.

However, the emergence of new technology could shake up the market. Video over broadband will allow people to watch programmes over an internet connection. BT and Wanadoo, which is owned by France Telecom, are planning launches next year. And NTL and Telewest are said to be working on similar proposals.

In the long term, this promises to change television viewing and could force BSkyB into a strategy rethink.

BT and Wanadoo maintain their planned services won't rival Sky's. "If you have a Sky box, then you will want our offering as well - not instead of," insists Pierre Danon, chief executive of BT Retail. Privately Wanadoo, which is headed in the UK by Eric Abensur, spins a similar line.

To make their video over broadband services a success, both companies need BSkyB's content, and not just its home- grown programmes. Trevor Brignall, business development director at Cap Gemini, says: "BSkyB has a lot of buying power and is well connected with the film studios. There is now a real opportunity for Sky to act as a wholesaler."

Video over broadband has advantages over satellite. Programmes can be watched on-demand, with more interactivity between the viewer and, importantly, the advertiser. Rebecca Jennings, senior analyst at Forrester Research, says advertisers may be prepared to pay a premium of up to 15 per cent for an interactive advert.

If BSkyB judges that this technology could one day become mass market, it will have to develop its own broadband plans. Speculation is rife over its next move. Adam Daum, chief analyst at technology research company Gartner, says: "I suspect BSkyB will sit back and watch other companies lose a lot of money. It will then magically announce a deal with BT for video over broadband."

http://news.independent.co.uk/business/analysis_and_features/story.jsp?story=546697

more volume post 4.30 pm and all buys.
are mm,s short of stock or is there a big buyer about?

Digital TV over cable or broadband is usually encoded as the mpeg standard. and has no bearing on FBT.

FBT's system cannot be resized up to that required for TV and the quality would not be good enough.

Exhibition
Forbidden Technologies will be exhibiting at IBC2004, 10th-14th September. Our stand number will be 2.110

Only 1 month away from the IBC, would expect stock price to start rising in the build up and then continue to rise as the conference news leaks out, as per last year, whether the price stays stable after that is anyone's guess.

All IMHO of course, as said before I dove into this at 24pence, so in profit already, but expecting about 50 pence by mid September

Here is what happened last year in September, If Haystack is correct then it may not happen again, but I believe it will, as the technology is alot better than last year and keeps inproving, just check out their website, and you will see that alot more companies are starting to show an interest

Why would prices rise just beacuse a company exhibits at an exhibition?

But don't forget it fell almost continuously after that.

FBT still have almost no customers. Their turnover is a tiny 40,000 per year. Almost no one in the world is using Java based video streaming. There is a world standard and it is Mpeg-4 which all the large users are committed to.

In fact the situation is so bad for FBT and similar companies that it is not possible to name even one large user of streaming video who is using Java based systems.

I doubt very much that last year's conference had anything to do with the share price rise. Company's share prices do not normally rise when they go to conferences. This is even more apt for FBT as nothing came out of the conference that was beneficial to them.

It looks more like the price rose as the results were due at the end of September. There were rumours (false of course) that their turnover was going to be good. The results did come out and they were just as bad as usual except the cash burn had increased and the losses were higher. Once the results had been seen the price plunged and has continued to do so for 11 months now.

Haystack - So you don't think the price will rise in September?

You are always so quick to respond on anything about FBT, Why is that?

The price may rise towards results, it does soemtimes. It ALWAYS falls after though every time. The results are ALWAYS poor.

I see that FBT is down this morning. Isn't that contratry to the rise before conference theory.

Not really as there were NO sells only buys!!!
I predict a rise just before the conference and during

But why? It is just an attendance at a conference. It is a broadcasting conference with over 1,000 exhibitors. Nothing came out of last year's attendance. Why would this years be any difference.

The price is down today for some reason. There may be delayed sells not reported yet. The Techmark and the FTSE are up, yet FBT is down. It looks like it is just contunuing its downtrend.

Haystack to be honest your opinions are always well backed up with market knowledge (How accurate it is I'm not sure, but it does look impressive, as seems to show you know what you are talking about)

But as FBT seem to be improving their technology every week, you can not see a possibilty that they are on to a winner. I agree the technology is not 100% there yet, but as it gets better, then I feel more and more interest will be paid to this company by the likes of mobile phone carriers, web sites, etc

Here is an interesting posting from another board where people do discuss things about FBT (both the positive and the negative!!!) I'm afraid on this board discussions on FBT seem to die out pretty quickly

Most of it is reportly from FBT itself
Haystack feel free to pick it apart if you want, be interested in your views, especially on the points of "AVID", "collaborative editing", "adding EDLs to FORscene for the IBC launch"
As this e-mail reportedly came from FBT it is of course pretty positive, what are your thoughts?

Tokyo




A discussion over on Advfn raised a few questions and a summary was posted to the company for comment.

They kindly obliged us with a very detailed and informative response.

Both shareholders and non-shareholders I suspect will find this a very interested read. Especially in the run-up to the IBC.

The questions should appear enclosed in angle brackets < << like this >>>.




-----------------------------------------------------------


< <<<<<<< (1) Collaborative editing

Collaborative editing was mentioned at the AGM for higher end users. Other editing products also appear to offer a form of collaborative editing including Avid.

What differentiates ForScene from other products enough to allow Forbidden to win customers new to video editing / content delivery or existing users of other products? >>>>>

Existing collaborative editing products were generally designed as non-collaborative systems. Collaboration was tagged on as an afterthought. As a consequence, like the editing systems themselves, they tend to be very expensive and inflexible in comparison to FORscene.

For example, those promoting collaborative systems at NAB in Las Vegas this year were recommending 1,000,000,000 b/s Ethernet connections, restricting collaboration to a single site.

FORscene is more advanced in that it allows editing over the Internet with a standard 512kb/s broadband connection - without the need for any hardware or software installation.

The capital cost of buying a traditional high end collaborative editing system is high, whereas with FORscene, there is no capital cost as it works in a web browser on standard computers.

Videos edited on FORscene can be published for the web (using FORweb) and mobile (using FORmobile) using industry standards such as Java and HTTP. We also support the de-facto Symbian standard for high end phones. Videos are automatically hosted on Forbidden's servers, minimising server load on the FORscene users' websites.

Systems such as the Avid completely lack the publishing and hosting aspects of FORscene. Luckily for Avid users, FORscene runs on the Avid, as Avids come with IE.

< <<<<<<< There is no documentation available on the internet that suggests Avid is available as a Java program, suggesting its ease of collaboration / integration with the web may be much lower than ForScene or more costly (or both!). >>>>>>>>>>>>>

Avid is designed as an expensive system, and generally comes with software and hardware. It appears to be along way from being shipped as a Java applet - Avid's MPEG compression technology is not suitable for web editing, for example. Avid has been a near monopoly in its market for too long, and like other monopolists, they appear to have lost the edge.

< <<<<<<<<,(2) Integration with other software

Do Forbidden view ForScene as a complement existing toolsets for the specific purposes of addressing video streaming? I.e. users would continue using other editing tools that may be more appropriate for delivery over other mediums. >>>>>>>>

FORscene provides a complete end-to-end solution for web and mobile video streaming. This includes editing, publishing, hosting and playback functions.

FORscene has everything you need to convert content from your source format to web and mobile formats for delivery on to the end viewer.

In the professional video industry, there are so many video formats used in the video industry (DV-CAM, mini DV, VHS, beta-SP, MPEG-2 and JPEG, D1, ... on multiple tape or disc formats), that the edits which make up a video are represented in a standard format called an EDL. This gives the time code for each clip and allows the video to be reconstructed on any system.

We are adding EDLs to FORscene for the IBC launch so that FORscene integrates neatly with existing systems.

< <<<<< If so would provision be needed for converting to / from Forbiddens own format and other video formats? >>>>>

In web and mobile, no other format is required.

We accept input in many tape or electronic formats, including beta-SP, DV-CAM, AVI, and Quicktime.

We even accept Microsoft's non-standard Windows Media Player format. Microsoft claim this is twice as good as old standards like MPEG. We will support any format if there is demand for it.

Videos for broadcast can be made from the FORscene EDL on any broadcast quality system. This prevents generation loss as the final video is made from the original sources.

< <<<<< (3) Volume markets

From the AGM ForScene product looks to be to targeted at all levels of user from individuals through to professional users.

Is Forbidden confident of being able to cope with payment collection where large volumes of users are involved? >>>>>

Yes.

FORscene charges as you use it, preparing itemised bills. No human intervention is required.

Professional users have large budgets and will pay per programme. We may opt for a well know brand to distribute a consumer version.

We can charge for mobile content in mobile phone bills, so there is no limit to the number of end users we could support with our current infrastructure.

< <<<<<<< (4) Upload of content

Currently the compression-bureau manage the uploading of raw content. Mention is made on your website however of an upload facility.

Does this mean content could be uploaded directly to your servers, bypassing the compression-bureau (and also any control over what type of content is uploaded)? >>>>>>>

Yes - this is already the case for FORscene compressor owners. They capture video live off tape (from anywhere in the world), and it appears automatically in their FORscene "Files" window for editing/publishing in FORscene (from anywhere in the world).

You have to realise that what yu have posted is slanted somewhat by FBT's view of their own products. There is little indication that there is any need or desire for collaborative editing of video over the internet. Why would people want to collaboratively edit video in different parts of the world. Even if there were a few, is this the basis of a money making business. How many unusual people like that would be required to make a profit. The business model looks seriously flawed.

Collaborative editing is possible now and has been for a long time as a networked system of PCs using Avid or one ogf the many other editing systems produces the same effect. Editing packages like Avid are industry standards and there is a general pool of trained people available to use them. How many companies are going to swithch their operations from something tnat they have invested large sums of monoey in, to a new system that depends on the internet.

There was some amusing talk of targetting the home internet users for video editing so they could have their very own streaming video on their web sites. That is one of the funnier ideas that has come out of FBT in a while.

haystack tell me honestly. Are you shorting fbt?????
if yes please feel free to deramp this share. Otherwise please keep your comments to yourselfand concentrate on companies you are involved with.

I post on FBT for my own reasons. It is a stock that I have been following since they originally floated.

It has been as high as 250p whcih gave it a market cap of about 200m plus. This is not bad for a company with less than 3m in cash and almost no customers, makes a bigger loss each year, has a turnover of 40,000 a year, has an increasing cash burn.

I like posting on it.

would it not be fair if you explained "your own reasons" pls

I, for one, particularly enjoyed the statement We even accept Microsoft's non-standard Windows Media Player format.

I expect Microsoft are truly grateful for this magnanimous concession from the mighty FBT. And what would Microsoft do if FBT had not been gracious enough to accept their non-standard format? Would the Rockies have crumbled? Seattle sheared off the Pacific North-West Coast into the Pacific? The Redmond campus imploded in an all-consuming ball of fire?

Somehow I think not.

I asked an American television producer friend recently (who uses AVID and all that stuff) what he thought of FBT. He replied "who?"

Thankfully, I have no position in FBT.

LOL!

who are you people and why are you aginst this company

basharat, you started the thread asking for views and you got them, some quite detailed. You've got some pretty experienced investors here giving you the benefit of their opinion. You should think carefully about the negative views as well as the positive ones. It is no accident that your own posts contained the words "hope" and "faith". Unfortunately these are nothing to do with making money. If after having considered and understood the positive and negative business and technical arguments you are still convinced (not hope) that the company has a brilliant future, then this is the company for you and there is no need to worry about negative opinions. You will win eventually. If instead deep down you are afraid of the negative arguments because they sound convincing, then it is time to reconsider.

thanx guys

blue again today, my buy at 23 pence looks to have been a good one, against the opinions of a few people on this thread, still expecting a good rise when we get closer to the IBC

BREAKING NEWS
Archive

Fri 13th Aug, 2004
Recent press
160 characters reports: "Mobile users can for the first time send and receive video and a branded player by Bluetooth ... Forbidden has packaged its advanced compression and white labelled mobile player technology into one commercial tool to deliver mobile video via Bluetooth to today's range of ... 2.5G mobile phones".


This looks like good news for me, and I personally feel this is the way the company should go, mobile phones now have digital cameras and everyone has one over here, if FBT can stream video onto mobile phones there will be a massive market for them over in Asia, as well as in Europe once the mobile technology catches up

All IMHO

Tokyo

Of course FBT can stream video to mobiles as can all the other Java based video streaming companies (and there are loads of them). The interesting thing is that none of them make any money.

One of the problems is that almost all the content for streaming is owned by companies that do not use Java based streaming. They use Mpeg-4 based systems such as Windows Media, Real and Quicktime. They do this because Mpeg-4 is a world standard in the same way as Mpeg-2 is for digital TV like SKY and Mpeg-3 is a standard for music (mp3).

With Mpeg-4 you get a fuller range of features and better quaklity than Java based streaming. You can resize the viewing area which you cannot do with FBT's system.

That being the case and the content owners are already committed to streaming on the internet using Mpeg-4 then why would they not want to use it for mobile devices. They are not going to want to pay twice and set up two different systems.

It is all about interoperability.

Here are a couple of companies that are further advanced than FBT in the area of mobile streaming.

http://www.oplayo.com/demos/Mobile/

http://www.streamingwizard.com/

http://www.3g.co.uk/PR/August2004/8188.htm

http://news.bbc.co.uk/1/hi/technology/2953655.stm

http://www.boldendeavours.com/examples.htm

http://www.links2mobile.com/GetArticle.asp?nid=1320&catid=10&ncat=Latest+Industry+News

haystack i admire your disintrest in FBT. May be you have holding in emlaze or even motion media.

Don't start Haystack on MMD . . . :)

I wouldn't buy MMD at any price. I have sold my Emblaze some time ago, luckily at a much higher price.

I told you not to start him on MMD . . .

Actually, don't start me on MMD, either.

this is intresting
so what about MMD ssssssssssssssss

MMD is a long story and one that I fear will end badly. It is now called Scotty and its epic code is SCO (reverse takeover of an Austrian company called Scotty).

still ticking up

A few days rise for a stock that has been falling for 11 months straight is not a surprise at the moment. Its problems are long term fundamentals. It is possible to make money trading FBT from time to time, but its real value is probably about 4p.

hastack WWWWHHHYYYY
ARE YOU SO DESPARATELY AGAINST IT??????????????????????????
I SEE ANOTHER 5 PENCE JUMP TOMARROW FINGERS CROSSED.

It is up .5p and has come back down from its highs today with two MMs marking it down.

I am against it because it an over hyped, over ramped stock that has very little value. If it wasn't for the fact that one person hold 85% of the company and causes it to be very illiquid, it would be about 2p.

It only has a turnover of 40,000.

A day's share trades of 10,000 can make the market cap. go up by 1m. That's absurd straight away. I amazed that holders of FBT are so stupid to belive it is going to make any serious money. To justify the current share price it would need profits of over 1m and the turnover is only 40k.

It is a stock that can be traded of you are very careful, but at some strage I think it will fall like a stone and paeople will lose all their money.

This is most unlikely with Forbidden Technologies. This firm is well supported and has great potentials in its products and video-streaming technologies. At 35p, it is cheap and it is a good buy!

It is not well supported. It has almost no customers and a turnover of 40k.

Its products are non standard across the streaming media industry. The streaming media industry ha standardised on Mpeg-4 and virtually all content is encoded in Mpeg-4 or its variants - Real, Windows Media and Quicktime.

Who do you think actually uses FBT's system?

There's almost no chance of FBT ever acvieving high revenues. Their turnover would have to be several million pounds just to justify the current share price let alone any increase. Its net assets value is less than 3p a share. It makes a loss, has almost no turnover or customers and its cash burn increases every set of results.

Not too keen then Haystack ?

:-)

i guess iwas wrong it only moved 3.5 pence

Time will tell and you will see - buy at 37p today.

There is no substance to this company. They sell cheap streaming systems for people who do not want to do it properly. The current share price would need profits of over 1m to justify it. The turnover is only 40k. It is a company run as a hobby with the turnover of a peanut vendor.

haystack you have told this crap ten times now can you please show little respect to other peoples judgment a little please

I am just posting my opinion. If you have a view then post it, I won't complain.

I would have thought the previous post yours warranted more of your attention as it does seem to lack any logic associated with it.

"Time will tell and you will see - buy at 37p today."

At least I give reasons for my views. Please continue to post your views. It doesn't matter to me if I don't agree with you. This is part of the purpose of these BBs.

By the way, have you read the Investor's Chronicle this week? It mentioned that Forbidden's products namely, FORweb and FORmobile will be extensively used and one of the clients is BT. I would say it is a strong buy. I don't know why Haystack is slandering Forbidden so much???

It is just my opinion of FBT. I see no furutr for them. BT have tried them before and it came to nothing. It may be the same reference to BT. There are many other Java based streaming video companies with better technology on the mobile market already. This is just one of them: -

http://www.oplayo.com

First in mobile video Oplayo is the world-leading provider of streaming video and rich media solutions for wireless devices. We have also been providing fixed internet video solutions since 1999. Oplayo's technology gives end-users an easy-to-use, "instant play" rich-media experience.

recovery still going strong

FBT often makes temporary rises on low volume as it is a very illiquid stock. It is now trading at over 9 times its market cap. It would need profits of at least 1.5m to justify this share price. In reality it has a turnover of 40k.

BT trialled MMD ..... nuff said.

40p now, Haystack...FBT is a very strong buy...u should buy some, i would advise...i have some insider's information.

They can't make enough profit let alone turnover to sustain this share price. It is just over hyped, over ramped and over valued. Silly comments about 'insider's information' won't stop it falling soon. Their products are non standard and the have almost no customers. Eevn an announcemnt of a few customers would not justify this share price. It is just because one shareholder owns 85% of the stock and it moves on low volume. #

Haystack - You were posting the same thing when I said a good buy at 23 pence, not far to 46 pence and a 100% profit!!!!!!!!

and this can only help

Fri 27th Aug, 2004
IBC partnership
IBC Television News is using Forbidden's FORmobile player to bring daily news of IBC2004 to the mobile phones of delegates. Clicking on our logo, which you can find at the top of the list of partners on the IBC TV news website, takes you here. This page contains details on how to download the FORibc player, or receive it free via Viewtooth.

The same things are still true. All that has happened since is that the price has risen a bit. It just means it is is even more over valued than it was before.

IBC is just an exhibition with over 1,000 exhibitors. FBT are a minor player in all this. They went to the exhibition last year and nothing came of it as can be seen by their 40,000 turnover. You can ramp it all you like, but this is going nowhere long term. It is a company that looks like it is run as a hobby.

You forgot to mention the fact that you can also view the news via Mpeg-4

"The clips are available for either Windows Mediaplayer or Realplayer. You can download a copy of either via the links provided"

Haystack: mine begins 81.86 :-)

LOL

I see you like reading this thread

-

Yep, I find you bring spice to the threads you post to :-)

I see we have a viewer from Japan reading this (.ne.jp). It is surprising how popular Mozilla is becoming.

-

44p today, Haystack...it is your loss anyway if you don't buy...too bad 4 u.

It will soon be down as there have been more or less all buys for a few days. The MMs are selling stock they don't have. At some point they will start to drop the price heavily to get sellers. I don't buy stocks that are this heavily over valued as they can drop like a stone and you have no time to sell. The NMS is so small that you cannot buy any decent volume anyway.

any body except haystack could tell why price drop although there were no major sales,infact lots of buys

Price down today and a very bearish chart pattern.

If Haystack is right about the 40k turnover then this will crash at sometime.

Well, look it up.

FBT

Year 31Dec2003 31Dec2002

Turnover 40k 9k

Op Profit(Loss) (624k) (559k)

Net Profit(Loss) (477k) (431k)

MightyMicro

Can't be bothered to look it up, too many other things to look at.

I'll take your word for & it will crash.

I see Forbidden are diversifying!


http://www.neural.it/english/forbiddentechnology.htm

"Forbidden Technology
By Karen Coyle
A review of: The Technology of Orgasm; "Hysteria," the Vibrator, and Women's Sexual Satisfaction. By Rachel P. Maines. The Johns Hopkins University Press, 1999."

well done.this is the best post you have sent.10 out of 10

Well 46 pence was my target but it looks as if it will go alot further, already a bagger, could be more after the conference?

FORSCENE is launched today...FBT will be shooting from now...Haystack I told u about insider's news

There was no insider's news. It is just the product announcement of the product that everyone knew was there anyway. Hardly earth shattering. Once the false excitement has died down this will be sharply down.

The price is nearly 12 times net assets and they would have to make nearly 2m profit to justify this share price. The actual turnover is just 40,000.

It was marked up at the start by the MMs and is now falling.

Just look at the trades. Plenty of sells by the people who know this will be down soon. Even two MM to MM sells. All the MMs have marked this down again. The last movement was down by all five MMs.

There was no buying pressure to raise the price this morning. It was just done by the MMs after the product announcement to entice in some buyers. In fact it generated sellers and the MMs had to drop the price again. It looks like that a few investors were a bit more realistic than they have been in the past. They can see that this share price is absurd and unsustainable.

Inching upwards....48p now

Forbidden Technologies launches video editing, publishing tool FORscene


LONDON (AFX) - Forbidden Technologies PLC said it launched its video editing and publishing tool FORscene aimed initially at the large professional post production market.

FORscene allows professional editing to be carried out over the internet on personal computers without any software or hardware installation.

FORscene users can publish their video on the web and mobile phones. Using Forbidden's own compression technology, web videos play through firewalls from web pages, and mobile videos play back on the growing range of 2.5G Symbian handsets, the company said.

Forbidden added that its partnership with mobile operator Orange has demonstrated that FORscene works over the Orange 3G networks on a standard laptop.

newsdesk@afxnews.com

Yesterday's news. The product has been around for some time and was in alpha testing only recently.

This is the product that allows editing over the internet of video held on FBT's servers. It does seem a product of doubtful value in a niche market. It looks unlikely to make FBT's fortune.

Back in July, I thought that this ahare was dead & buried but just look at it now.

It has been on the way down the last few days. Today's rise was mainly the MMs gapping it up at the start and very low actual volume. The results are pretty poor with very low turnover and the share price is now 15 times net assets. Thos should be down again very soon.

I think Haystack is playing CFD's for FBT to go down, but I think FBT is on the uptrend with its increasing clients and newly launched softwares

Where are the increasing clients? FBT has been on the stock market for almost 5 years and still has a minute turnover and makes a substantial loss.

hlyeo98: well, if you're right, Haystack will get a bloody nose. If you're wrong, he will be happy and have made some money out of a correct prediction.

Of course, he could be doing nothing other than observing and commenting, and there may be no plot at all. Which would be much less fun, of course.

haystack why dont you back off pleaseeeeeeeeeeeeeeeeeeeeeeeeeeeee

You do seem to be upset by negative comments on FBT. Would you like this thread to be just a fan club where people just oozed with affection for FBT.

FBT looks cheap at its current price.

Or very expensive, if you have an alternative view. It has at least fallen today. The net assets are worth less than 3p a share and it has a tiny turnover.

Could FBT become the new Tadpole for bb ramps?

now i started to agree with haystack
this company is very expensive at this price but it is intresting and worth a punt @5p level

In Shares Magazine, FBT is regarded as a sleeping beauty, its price will soon soar.

This is one sleeping beauty that may turn out to be an ugly sister.

bt is agin considering tv over internet.they had some testing before with bt and may be things are going to meterialise which we all been hoping for.

One thing that is for sure and that is that it won't be FBT that BT uses. Their compression and playback can't cope with the picture size and quality that is necessary for TV.

All discussions about TV over broadband contain references to the mpeg-2 and mpeg-4 standards. SKY for instance use mpeg-4 currently and a number of companies are planning to broadcast using mpeg-4.

I tried looking at FBT's stuff, but all I get is 'Applet Crashed' in a rather tiny window. Perhaps they're another of these outfits that only work with Microsoft IE. I was using Opera (which seems to work with everything else).

On edit: having had to reboot (machine froze) after the Opera experience, I tried Firefox. This worked (!) -- at least until I tried to navigate back from the demo -- and it was another blue screen and reboot deal.

Online video sharing platform specialist, Forbidden Technologies unveiled its interim numbers for the six-month period to 30th June. Shares were unchanged at 26.5p as the company posted pre-tax losses of 344,922 pounds as negligible sales. However, an upbeat accompanying statement gave cause for optimism, as Forbidden said that it was "more confident" about the prospects for sales expansion in 2006. Bearing in mind the company generated just 17,851 pounds in sales for the first half, the company is starting from a pretty low base, so sales expansion should hardly prove difficult. However, progress is clearly being made in both the professional market with FORscene and the consumer market with Clesh, so perhaps the company can build some momentum in sales going forward.

Terrible results once again. Lower turnover and higher losses and still the very large cash burn.

FBT are down again. every year now for some time the price has fallen after the IBC exhibition which is just ending. This year the price did not even rise before IBC. perhaps releasing the poor results just prior to IBC was bad timing.

FBT is now only 6.5p above its all-time low of 18.5p in 2001.

I went to the Broadcast Live show where FBT where exhibiting. Their stand was poorly attended while I was there. I watched a seminar by FBT given by Stephen Streater. He is a good speaker, but I thought the content was very poor.

The audience asked the usual questions such as why doesn't FBT stream a decent sized image and why can't there be an option to resize. The reply was that Java cannot do full-screen without more control of the PC which is not possible.

The answer I got from one of their staff was that the quality would drop severly and that they could not expect to compete with installed streaming players such as Real, Widows Media and Quicktime. This is beacuse their player is downloaded at the front of the stream and is therefore restricted in size and features.

Now only 2.5p above its all-time low set a few months ago and less than 1.1p in net assets per share.

This trading at around 15 times net assets. Turnover 59K, loss 725,379.

Another fall. Now only 2p above its all-time low and still around 15 times net assets. A fair price looks to me to be about 3p max.

Another 1p down. Now only 1p above its all-time low.

Another fall. Only 0.5p above historic low.

Forbidden Technologies PLC
28 September 2006

Forbidden Technologies plc

Interim Results for the six months to 30 June 2006

Forbidden Technologies plc ('the company' or 'Forbidden', AIM: FBT), through its
proprietary technologies, has developed and is marketing a range of Internet
video editing and sharing platforms for a wide range of market segments in the
wired and wireless world.

In the six months to 30 June 2006 the company recorded sales of 68,228 compared to 17,851 in the first half of the previous year. Administrative expenses were 384,760 (2005: 401,493) and the loss in the six months was 360,274 (2005:390,929).

At 30 June 2006, the balance sheet showed 655,474 of net current assets (2005:
1,328,915) and cash and liquid resources of 645,676 (2005: 1,280,451).

Sales are significantly higher than in the first six months of 2005 and in fact,
have exceeded the total sales achieved in the whole of the previous year (2005:
59,705).



With higher sales and lower administration costs, the loss is also reduced and
the cash outflow from operating activities is consequently lower at 305,543 (H1
2005: 337,837).

For the first time in this interim reporting period, we are obliged to implement
FRS 20, the new accounting standard which requires us to reflect the 'cost' of
share options in the profit & loss account of the company. We have included a
line 'FRS 20 employee share option cost' shown within 'Operating loss'. This
results in an increase in the reported loss for the six months to the end of
June 2005 by 46,007 and for the six months to the end of June 2006 by 55,638.
This is a non-cash item, does not affect cash flow and is neutral to the balance
sheet.

Progress and prospects

The Forbidden Team have just returned from the International Broadcasting
Convention (IBC) in Amsterdam. It is gratifying to note that, whereas a year ago
visitors to IBC were impressed by our technology, this year there was a marked
difference. Visitors looked at FORscene as a complete working product and were
primarily interested in how it could be used in their individual businesses. We
secured a large number of promising leads from the UK and from many other
countries and these will be followed up in the coming weeks and months.

At IBC the FORscene web-based post production platform was the base for IBC's
first citizen journalism project which allowed attendees to contribute their own
video stories through their mobile phones. The news clips sent to the IBC
Citizen TV base were edited daily using FORscene, which automatically formatted
and compressed the video into mobile-size clips for viewers.

More awful results. Their increase in sales only looks good because the previous six months and last year were so bad. The admin expenses were very similar and the loss was only marginally better.

This is clearly going nowhere as usual. The revenue is abismal considering how long they have been in business - 68k.

The shares are now trading at a new all-time low. Their net assets per share must be less than 2p per share now.

FBT has hit a new all-time low of 13.5p so far today with a 15.62% fall.

Two MMs are on 11p for the bid! The rest are on 13p.

It is hard to believe that at even 13.5p it is still valued at almost 20 times its net assets.

In the last set of results they lost 370k on only 68k turnover.

They have cash enought left for about 7 months at the current cash burn rate.

All SELLS today again so far. One MM still on 11p for the bid, one on 12p and three on 13p. It looks like it could go lower.

Even at a share price of 3p it would be valued at nearly 7 times net assets - amazing for a losss making company with a large cash burn and a minute turnover.

The chart is looking very dire on this now.

It is now at an all-time low, cash running out, little turnover ....

Still valued at around 20 times net assets.

There seems to be little sign of revenue from FBT.

My calculations, based on cash burn and net assets in the last results, produce August this year as the approximate time that cash runs out for FBT. If this is correct then how will FBT manage Will they have a rights issue or a new share placing? Either way it should be quite dilutionary.

Currently, I calculate that FBT have a market cap of around 27 times their net assets. As August approaches I would expect to see the share price fall to allow for the huge market cap / net assets ratio. A fall to say half that value would produce a share price of approx 8p or lower. This would have the effect of making any new share issue even more dilutionary of course.

FBT takes another 10% fall today to take it to just a fraction above its all-time low set earlier this year.

FBT fell to a new all-time low today dropping by more than 14% so far after this RNS!

24 April 2007


Forbidden Technologies plc
('the Company' or 'Forbidden')


Notice of EGM


Forbidden announces that on 27 March 2007 the Directors of the Company became
aware that the unaudited balance sheet in its unaudited management accounts
showed that the Company's net assets were 294,296 whereas the amount of its
paid up share capital was 609,300. Pursuant to section 142 of the Companies
Act 1985 ('the Act'), when the net assets of a public company are half or less
than half of its called-up share capital, the directors of such company are
under a duty to convene an extraordinary general meeting ('EGM') to consider
whether any, and if so what, steps should be taken to deal with the situation.
.......

I particularly liked this part of the RNS.

"Forbidden announces that on 27 March 2007 the Directors of the Company became aware that the unaudited balance sheet in its unaudited management accounts showed that the Company's net assets were 294,296 whereas the amount of its paid up share capital was 609,300. Pursuant to section 142 of the Companies Act 1985 ('the Act'), when the net assets of a public company are half or less than half of its called-up share capital, the directors of such company are under a duty to convene an extraordinary general meeting ('EGM') to consider whether any, and if so what, steps should be taken to deal with the situation."


"became aware" sounds like a continuous sort of slow motion process, although it seems to have happened on 27 March. It is similar to someone standing on the tracks with a train approaching. The 'became aware' moment would have been pretty sudden. In a similar way one might wonder why this event was not so evident a lot sooner. Anyone with a cheap calculator or a very small piece of paper could have predicted this result months earlier. I suppose they must have been busy with all their customers (do they have any) and had not noticed that someone had forgotten to add up the till lately.

Down another 11%+ today. This is hitting new all-time lows day after day. Where will it stop? It is not clear now how much cash they have left after the directors offered to put up some cash. How long will it last as revenues do not seem to be sufficient to sustain the business without regular cash injections.

These are as bad as YOO.

Looks like it is turning a corner upwards now.

Looks more like a bit of pump and dump. There has been around about 60,000 of shares traded over two days and it has made the marpet cap increase by several million pounds. The things to remember about FBT are that it has little cash left and it falls as fast as it rises. (oh and don't forget it has almost no customers)

Forbidden Technologies - Pre-close trading and strategy update

click here

Forbidden Technologies - Innovators & Investors Forum

Click here

Is this a stay-away stock/investment?
I like FBT editing-tech, but then I liked MotiveTV [MTV] and look where they got.

Fact is that FBT doesn't have a niche-product as such, they don't have a fantastic interface - and- crucially it's not as-yet a "Must have" Option. Others here suggest they have a tiny customer-base . . . but that's not easy to determine . . . certainly they go to many shows to seek-out new Users, but one wonders what these folks are doing right-now without FBT.

The Cloud is quickly becoming saturated by the Big-Boys in computing software, like Adobe who offer what is very similar . . . . at a much greater price, but then most Co's already use Adobe - so paying a tad "more" for any additional service is a no-brainer.
By comparison, just what is FBT offering that would make these Customers switch? No, I don't get it really.

EDIT (2April2015)-sp falls o Ns that Costs have risen dramatically to get them into exciting new Markets, as the Web develops ( surprised?), sp ~7p5 when not long ago it was above 20p - but seems Turnover has dropped also - that's a worry for any investor, IMHO.
EDIT(9May2016) - sp dips to 8p - Co. raises £1.3m at 7p
EDIT (13Dec2017)- sp =4p5 as new CEO revitalises Co. Plan to replace Sales staff - does this remind you of Provident lost vital customers as staff moved elsewhere?
What I fail to understand is why this Video Tech isn't available for editing Home Movies ( and Professional, once it catches on ), since there would be a FREE active group discovering what's wrong, making update suggestions, improvements, without the background of "Existing Products". Current sp is woeful - Start=yr 2000 =
EDIT (6May2018)...missed the AGM 30April... did anyone go?

Making good progress now.
Chart is looking promising.