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Saturday, December 3, 2022

Reversal Sparks FORCE PROTN VIDEO(OTCMKTS:FPVD)

FORCE PROTN VIDEO(OTCMKTS:FPVD) has been moving steadily higher on accelerating volume since reversing off $0.028 lows last week. It was not long ago that PVHO exploded up the charts to an incredible $44.80 before coming right back down to where it started. FPVD was a major league promotion perfectly timed as the booming Wearable Police cams sector gets a serious boost after Obama requested $263 Million for Police Body Cams.

The stock has come on hard times in recent months due to toxic financing; the Company sold 450,000 shares at $.10 and still has an additional $600,000 worth of notes that are convertible into shares at a 40% discount to the current market.

FORCE PROTN VIDEO(OTCMKTS:FPVD) supplies on the body HD video cameras to law enforcement and Military. Force Protection Video has over 30 years of experience in supplying state of the art video and audio equipment to law enforcement.

In May the Company announced its entry into the on the body video law enforcement market with the LE10 camera System. The LE10 is a small body worn high definition (HD) camera which is half the size and half the price ($195.00) of most law enforcement cameras currently available.

The Force Protection Video LE150 camera is a rugged HD design which incorporates Ambarella made chips that allow cameras and other devices to record high definition video. The LE10 is rich with features such as still picture ability 8MP, WIFI, 4x zoom and audio recording. The LE10 does 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 Force Protection Video LE10 kit is an all-inclusive camera system. Everything to begin recording and preserving the recording is with the camera system. The process of storing evidence at a department has been used for hundreds of years. The original SD cards from our cameras are stored in supplied static evidence bags after copies are made for prosecutors and defense lawyers. There is no per month fee to store the video.

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FPVD has been around since 2011 when FPVD was incorporated under the laws of the State of Florida for the purpose of providing an online marketplace for artwork created by German artist Reinhold Mackenroth on the internet. On February 1, 2015 the Company changed its name to its current name, Forced Protection Video Corporation.

On April 13 FPVD announced it has entered in an agreement with VeriPic Inc,(www.VeriPic.com) a world leader since 1998 in managing Law Enforcement video, digital photos and digital assets to join forces to market their complementary products.
VeriPic is a leading supplier of enterprise photo and evidence management software to Law Enforcement Agencies. Military, Medical Institutions and Corporate customers. VeriPic products handle evidence in thousands of criminal cases throughout the country. VeriPic is the holder of multiple patents for their evidence management solution software.
VeriPic® systems stores digital photos, audio files and digital video files on equipment, completely under agency control. An SQL (Structured Query Language) Database keeps data safe from deletions or unauthorized access. And you can set access permissions on multiple users to allow employees’ access based on a need-to-know basis from one user up to thousands of simultaneous users.

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Currently trading at a $1.3 million market valuation FPVD has minimal assets or revenues and fast rising short term debt. FPVD was a major league promotion perfectly timed as the booming Wearable Police cams sector gets a serious boost after Obama requested $263 Million for Police Body Cams. The stock being liquidated into this promotion campaign are likely coming from a number of private placements affected earlier this year; in one investors acquired 450,000 shares of FPVD at just $0.10 a share. 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.

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