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is forbidden(FBT) really forbidden (FBT)     

basharat - 15 Jul 2004 22:54

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

Haystack - 25 Apr 2007 14:55 - 127 of 135

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.

Haystack - 20 Nov 2007 12:34 - 128 of 135

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.

Dil - 20 Nov 2007 13:08 - 129 of 135

These are as bad as YOO.

hlyeo98 - 08 Apr 2008 12:52 - 130 of 135

Looks like it is turning a corner upwards now.

Haystack - 08 Apr 2008 15:08 - 131 of 135

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)

js8106455 - 29 Jan 2015 16:30 - 132 of 135

Forbidden Technologies - Pre-close trading and strategy update

click here

js8106455 - 05 Feb 2015 11:01 - 133 of 135

Forbidden Technologies - Innovators & Investors Forum

Click here

hangon - 11 Mar 2015 15:19 - 134 of 135

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?

Bel1ze8SA - 17 Oct 2016 08:41 - 135 of 135

Making good progress now.
Chart is looking promising.
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