The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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"This company is withdrawn and no longer trading on Aquis Stock Exchange. " this is the latest on the Aquis website. Not sure when that was changed, however there is a notice from 17/03/23 to say that it has withdrawn from trading with immediate effect. I don't remember seeing that though, so who knows what is going on..
This might be a stupid question.. is this share completely dead now? Or is there a glimmer of hope before the end of March as stated on the last RNS?
Yea still here with fingers and everything crossed but I’m not so sure we’ll get good news or any news!
Still here? Possible news this week? As it will be 12 months since the 07/07/2022.
What are we thinking?
Ah well, only another 4 months to wait...
17 March 2023
FORBES VENTURES
("Forbes Ventures" or the "Company")
Update and Withdrawal from Trading
Forbes Ventures announces that the Company's ordinary shares of 0.1p each will
be withdrawn from trading on the Access segment of the AQSE Growth Market with
effect from the close of business today, 17 March 2023.
Future Strategy
As announced on 7 July 2022, the Company has been in negotiations with regard
to a proposed acquisition that complements the strategy previously outlined by
the Company. Following the withdrawal from trading, the Company intends to
complete this acquisition, of an identified litigation funding vehicle, with
the intention of re-listing the enlarged Forbes Ventures on an appropriate
market within the next 12 months.
Forbes Ventures intends to use its time as a private company to stabilise the
Company's financial position and strengthen its balance sheet.
Forbes Ventures is continuing to investigate the failure of its litigation
funding securitisation project, and intends to take appropriate action to
recover the costs incurred by the Company in pursuing that project.
The Directors of Forbes Ventures accept responsibility for the contents of this
announcement.
-ENDS-
For further information, please contact:
Forbes Ventures
Rob Cooper, Chief Executive Officer 020 3687 0498
Nigel Quinton, Chief Financial
Officer
AQSE Corporate Adviser
Peterhouse Capital Limited 020 7469 0930
Mark Anwyl
Market Abuse Regulation (MAR) Disclosure
The information contained within this announcement is deemed by the Company to
constitute inside information. Upon the publication of this announcement via a
Regulatory Information Service, this inside information is now considered to be
in the public domain.
All quiet on the Forbes front then? Anyone like to guess when this one will re-appear, if at all?!
Think they are due end of December can’t see them being early if at all…
anyone know if the accounts have been done?
The Administrator's report is out.
https://find-and-update.company-information.service.gov.uk/company/10527022/filing-history
Perhaps the new Chairperson will be a lady......excellent, some common sense and no bombs being set off....
Buy- when possible IMO
An update is an update I suppose! I’m positive it’s going to come back at least!
That doesn't look good!
https://www.aquis.eu/aquis-stock-exchange/for-investors/announcements?view_news_id=3748626
hmmm...
Nothing more than a bunch of spivs in fancy suits who BS people with city jargon.
No doubt Cooper will be back in future with some other scam and do the same thing again..& again
ME not related I guess other than it’s owned and ran by Rob copper and co. The same illustrious leaders of Forbes.
I am, got to be haven't you.! I just don't understand how they can do this, and not update sharefolders.
Anyone still optimistic that Forbes will survive…,
It has gone into administration.
About to go into liquidation any day I reckon based on other going’s on
Address at Companies House has changed to FRP Advisory Trading Ltd.
Let's say from someone I know from someone they knew,that isn't a nice person going to pay him a visit lol
Another Rob Cooper company Gone bump, looks like it owes over 3m…… meanwhile Rob copper CEO Me group a ailing around the med enjoying the high life
See Companies House for details, statement of affairs etc.