FORCE PROTN VIDEO (OTCMKTS:FPVD) which markets HD body camera accessories and systems for law enforcement reported that the LE10 recorders has been finalized over several other peers products in a thirty day testing and evaluation period by Northern California Police Department. The positive feedback statements from the Department were pricing, size and video quality.
The details
FORCE PROTN has obtained various reorders from District Attorneys’ Offices in Louisiana and Police Departments in Tennessee. The unique product LE10 can be defined as a small body worn HD camera which is half the price and half the size of most law enforcement cameras available in the market. It incorporates various rich features such as WIFI, 4x zoom, audio recording and still picture ability 8M.
FORCE PROTN LE10 does not need expensive storage contracts or special software. The video files can be downloaded into a standard case file. Also, the micro SD cards are packed in the given static evidence bags and then stored in the evidence locker. The LE10 camera boasts a rugged HD design which installs Ambarella Inc (NASDAQ:AMBA) made chips that enable cameras to record high definition video.
The momentum
FORCE PROTN stock comes in the list of the worst performing stocks on the OTC platform. And in Penny world, where double-digit declines are normal, this is quite an achievement. The stock got its current ticker in March 2015, but active trading didn’t actually start until late July.
Afterwards, the stock recorded a wild ride with high of more than $20 per share and low of below $10. FPVD did manage to float in the $12 per share to $15 per share range for some time, but it became obvious that consistently holding positions in the stock will be almost impossible. After a few massive blows, the stock found itself trading around $2 per share.
FORCE PROTN VIDEO (OTCMKTS:FPVD) suffered from a major decline yesterday as it ended the last trading session with a major loss of 7.65%. The volume of the day shot up to 442,000, which was much higher than the daily average of 126,000, indicating the intensity of the selloff. The stock has been showing a particular pattern in the last few months which go perfectly with a long term bear market. The corrective rallies take place very slowly in the form of narrow range positive days but the cut comes very sharp and with much wider range days. Yesterday might be the first day of such a downtrend.
