FORCE PROTN VIDEO(OTCMKTS:FPVD) continues to trade steady at its base just under the $0.01 mark. The stock saw a big move last year from subs to highs near $1.32.
FPVD was incorporated on March 11, 2011, 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.
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.
Last May FPVD 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.
The LE50 is a state of the art designed body camera strategically built around Ambarella chip sets (AMBA). The LE50 offers Industry leading record time (10 hours @1080, 12 hours @720)
50 hours of standby time as well as 32GB of internal tamperproof storage and White LED. It boassts Audio announcements, GPS recording, 30 second pre and post record as well as Integration with VeriPic© Evidence Management Software.
On December 15 FPVD announced that it has received an order for 100 LE50 HD body cameras from its exclusive European distributor for a large EU police department.
Working with our distributor this police department chose the LE50 body cameras and VeriPic management software over our competitors’ models. The LE50 is CE compliant a requirement for sales of electronics in the EU.
These certifications are needed to assure that Force Protection Video will be able to participate in marketing the LE50 worldwide. Many of our competitors do not have FCC or CE certifications. All cameras and electronics that Force Protection offers for sale are in conformity to these standards.
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Currently trading steady under a penny FPVD has minimal assets or revenues and fast rising short term debt. FPVD has seen a lot, it skyrocketed on a major league promotion, crashed and burned due to toxic financing and ultimately developed their LE50 HD Bodycam which they initially released last April. The LE50 is a state of the art designed body camera strategically built around Ambarella chip sets (AMBA). After a highly successful presentation at a National Security Conference Expo FPVD has received tremendous interest from several U S Government agencies and recently said they expect to announce additional orders in the coming weeks. Already they announced an order for the U.S. Forest Service for multiple LE 50 camera kits as well as an order from the DHS/DEPARTMENT OF HOMELAND SECURITY for multiple LE50 and LE10 camera kits. 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.