New life in this old technology dog
Promising news from a serial disappointer
By Michael Crockett
This technology company originally floated on AIM at the height of the Tech Boom in 2000 when it raised £3 million at an average share price of £2.30. After years of disappointment the shares trade today at below 10 pence but there is still a lot of investor interest here.
In recent months the Company has undergone a transformation with major changes in management and a new, more commercial, approach to its business. Recent newsflow indicates that the change in strategy is having some success and there are signs of even better things to come. Furthermore the Company has just announced a placing to further drive sales traction. AimZine investigates whether this old technology dog could at long last realise its seemingly considerable potential?
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Forbidden Technologies (AIM:FBT)
http://www.forbidden.co.uk/
Introduction
Forbidden Technologies is a small AIM-Listed software company which specialises in the editing and management of video content. The Company’s prime revenue generator is its professional video platform, “Forscene”, which is used by broadcasters, in professional web video, in education and by consumers. Forbidden claims that Forscene is one of the world’s most advanced browser based and mobile video platforms.
Forbidden has two further…
