Force Protection Video Equipment Corp (OTCMKTS: FPVD) is having a September to remember running up the charts in recent weeks off its triple zero lows. The stock has quickly established a fast growing shareholder base that continues to bid FPVD higher.
FPVD management has been busy behind the scenes making moves; the Company recently became “pink current’ and filed a 10k showing very little debt and some sales. FPVD has runner in its blood making a historic run shortly after becoming public, a run we reported on. Investors are taking notice as Force Protection receives multiple orders for its LE10 camera System for law enforcement in Q1, 2020.
Force Protection Video Equipment Corp (OTCMKTS: FPVD) operating out of Apex, North Carolina is in the business of selling video and audio capture devices initially targeted to Law Enforcement agencies. The Company’s products are manufactured in Shenzhen China, Taiwan, and the USA and are shipped to the Companies facility in North Carolina where it processes and ships products to its customers. Force Protection is led by CEO Paul Feldman who has significant experience in the development and commercialization of security and surveillance related products. Mr. Feldman has designed and provided security equipment that has been used at the Olympics, Super Bowl, the US Open Golf Tournament, US Mints, NATO Headquarters, Military Bases and Embassies Worldwide. Patent technologies previously developed by Mr. Feldman include U.S. Patent Number 7,631,601 Surveillance Projectile and U.S. Patent Number 2006/0283,345 Surveillance Projectile.
LE10 camera System retails for $195 – The LE10 is a small bodied, high definition (HD) camera which is half the size and half the price of most law enforcement cameras currently available. The LE10 and more recent addition the LE50 are rich with features that make them ideal for on-demand video and audio capture. The LE10 and LE50 do not require special software or expensive storage contracts. The video files can quickly be downloaded into a standard law enforcement case file and the micro SD cards are sealed in the provided static evidence bags and then securely stored in the department’s evidence locker. The Company’s Video LE10 and LE50 cameras are a rugged design which incorporates Ambarella (AMBA) made chips that allow the cameras to record high definition video.
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LE50 HD Body Cam. Retail price: $495 – The LE50 includes many of the LE10 features in an on-body camera designed for use by law enforcement which can be mounted on helmets, tactical vest, and riot shields. The LE50 provides up to 10 hours of high quality video with a built in audio announcement feature, 50 hours of standby time, sound and vibration operation indication, 2″ TFT-LCD High Resolution Color Display, 32 GB of internal tamper proof storage, supports up to 128GB of memory, 140 degree field of view, white led illumination, waterproof level of IP65, metal clip with 360 degrees rotation, one button tag of important file feature and GPS recording.
SC1 Sunglass Camera. Retail price: $199.95. The SC1 Sunglass Camera is made from TR90 high impact resistant and flexible material and features a 150° wide-angle full HD 1080p video camera, with one-hour record time, built between the eyes with the controls and battery built into the glasses’ ultra slim frame. A full range of polarized and clear lenses are available and easily interchangeable.
Surveillance Cameras. Retail price: $100-$1,800. The Surveillance cameras now offered are state of the art, disguised cameras sold exclusively to law enforcement. Due to the sensitive nature of these products no further information may be disclosed.
All Force protection video and audio capture devices are compact, ergonomic, tamperproof and designed to capture HD video and/or audio on demand enabling its customers to capture content while engaged in a wide range of activity. The Company also sells accessories that enhance the functionality and versatility of its products, including mounts, such as the helmet, handlebar, roll bar and tripod mounts, as well as mounts that enable users to wear the camera on their bodies, such as the wrist housing, chest harness and head strap. Other accessories include spare batteries, charging accessories and memory drives. Force Protection products are marketed primarily to law enforcement due to their unique need to capture important events in the course of their duties.
Microcapdaily has been reporting on FPVD for many years starting in October 2015 shortly after the Company had gone public. By Daniel McCarthy on October 20, 2015: FORCE PROTN VIDEO(OTCMKTS:FPVD) is one volatile penny stock that has transformed into one of the top traded stocks on the entire exchange in recent weeks. The stock hit the bb’s in July and exploded to highs of $44.80 before coming right back down to where it started. After falling back down to $1 on October 1 FPVD has been steadily rising on fast accelerating volume.
$FVPD has attracted the right kind of penny stock speculators
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Currently running northbound FPVD is having a September to remember running up the charts in recent weeks off its triple zero lows. FPVD has quickly established a fast growing shareholder base including the right kind of old time penny stock speculators that continues to bid the stock higher. Force Protection management has been busy behind the scenes making moves; the Company recently became “pink current’ and filed a 10k showing very little debt, some sales and well under a billion shares outstanding. FPVD has runner in its blood making a historic run shortly after becoming public in 2015, a run we reported on. Investors are taking notice as Force Protection’s LE10 camera System for Law Enforcement gains traction in 2020. We will be updating on FPVD when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with FPVD.
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Disclosure: we hold no position in FPVD either long or short and we have not been compensated for this article.