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Author Topic: FRCP
pmann2957
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Any thoughts on this one? I thought it looked good yesterday it gapped open then broke its high later in the day and I bought some. It looks to gap again this morning.
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Jong
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A lot of buys coming through and we are almost at .27! Hopefully we will go much higher as the day goes on.
Jonathan

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Jong
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It looks like it may have stabilized and formed a base at .245. At least thats what it looks like at the moment. Almost .26 again. Hoping for a move up the rest of the day.
Jonathan

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pmann2957
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I think it may have been filling the gap. It should start running again. It did this yesterday ...gap up , trail down then came back to hit new highs ....I guess we will see
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MxPx
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In .235
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makingmillions
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it's going up IMO.Read the article which came out today.
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MxPx
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quote:
Originally posted by MxPx:
In .235


Out .245 with small profit I expected a little better run. Oh well profit is profit


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pmann2957
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Tuesday December 14, 7:40 pm ET


LADSON, S.C.--(BUSINESS WIRE)--Dec. 14, 2004--General Michael W. Hagee, 33rd Commandant of the Marine Corps, met with the First Marine Expeditionary Force in Iraq today to inspect the Cougar Hardened Engineer Vehicle (HEV), a mine- and blast-protected transport vehicle produced by U.S. manufacturer Force Protection, Inc. (OTCBB:FRCP - News).
General Hagee was accompanied by Major General Richard Natonski, Commanding General, 1st Marine Division, and Lieutenant General John F. Sattler, First Marine Expeditionary Force Commanding General, who led the recent, successful Marine urban battlefield operations in Falujah.

"General Hagee inspected the vehicle from top to bottom," said Donald L. Scattergood, a Force Protection field service representative stationed in Iraq and embedded with the 1st Marine Division, who was present during the Commandant's visit. "He said what is most important is saving the lives and limbs of Marines, and he was impressed with the Cougar, which is specifically designed for this purpose."

The Cougar H series is a family of medium-size mine-protected vehicles that can be produced in four-wheel or six-wheel models. The vehicles can be configured for a wide range of tasks including troop transport, Explosive Ordnance Disposal (EOD), command and control, reconnaissance, and as a lead convoy vehicle. The Cougar is being used by Marine combat engineers assigned to EOD teams in Iraq.

"We are extremely pleased that the primary Marine ground commanders as well as General Hagee were able to inspect the vehicle today," said Force Protection CEO Gale Aguilar. "Our first commitment is to keep the Marines and Soldiers who ride in our vehicles safe from the threat of mine blasts and other roadside explosives. Force Protection's vehicles meet this critical need."

Force Protection's vehicles incorporate state-of-the-art blast protection technology with American automotive components to ensure the strength necessary to withstand mine and ballistic attacks and the mobility to enable soldiers to accomplish their missions.

About Force Protection, Inc.

Force Protection, Inc. manufactures ballistic and mine protected vehicles through its wholly owned subsidiary. These specialty vehicles are protected against landmines, hostile fire, and Improvised Explosive Devices (IEDs, commonly referred to as roadside bombs). Force Protection's mine and ballistic protection technology is among the most advanced in the world. The vehicles are manufactured outside Charleston, S.C.


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pmann2957
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Any thoughts on where this one is going today? Had some news yesterday after the bell.
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TonkaToy
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Business Editors / Defense Writers

LADSON, S.C.--(BUSINESS WIRE)--Feb. 2, 2005--
Force Protection, Inc. (OTCBB:FRCP), the leading
manufacturer of blast-protected vehicles deployed with U.S. forces in
Iraq, announced today the delivery of its first Cougar Security
Vehicle (SV) to Blackwater USA for use as a transport vehicle for U.S.
Provisional Coalition Authority officials in Baghdad.
Blackwater USA, an industry leader in government outsourced
solutions in training and security services for such organizations as
the Department of Defense and the Department of State, customizes and
executes solutions that meet law enforcement, defense, and homeland
security needs.
"We are extremely pleased to provide our Cougar SV to Blackwater,"
said Force Protection Vice President for Sales Michael Aldrich. "Our
vehicles incorporate the most advanced blast technology available in
the world. They are saving the lives of our troops by protecting them
from the threat of improvised explosive devices (IEDs) and similar
threats. We are proud that they will be used to ensure the safety of
civilian leaders in Iraq as well."
Force Protection's vehicles have been in active operations for
more than a year, where they are used to detect and remove IEDs and
transport military personnel. To date, no soldier using the vehicles
has sustained significant injury.
"The vehicles made by Force Protection have a proven track
record," said Blackwater Vice President William Mathews. "They fill
the critical role of providing the protection and mobility necessary
for VIP transport in high threat areas. The Cougar SV will be a key
component of our transport services to coalition leaders."
Ladson, S.C.-based Force Protection, Inc. produces two classes of
armored vehicles. The Cougar series is a family of medium-size
mine-protected vehicles that can be supplied in four-wheel or
six-wheel models. The vehicles can be configured for a wide range of
tasks including troop transport of up to 10 personnel, Explosive
Ordnance Disposal (EOD), command and control, reconnaissance and lead
convoy vehicle.
The Buffalo, a clearance vehicle, has been approved by the
Pentagon to be part of a newly devised hunter-killer team concept that
will lead convoys against the threat of mines and IEDs. The Buffalo
incorporates blast protection technology with automotive components
made by such companies as Caterpillar Inc. (NYSE:CAT), Allison
Transmission, a division of General Motors (NYSE:GM) and Mack Trucks,
Inc., a division of Volvo Group (Nasdaq:VOLVY). More than 20 Buffalo
vehicles are in active operation in Iraq.

About Force Protection, Inc.

Force Protection, Inc. manufactures ballistic and mine protected
vehicles through its wholly owned subsidiary. These specialty vehicles
are protected against landmines, hostile fire, and Improvised
Explosive Devices (IEDs, commonly referred to as roadside bombs).
Force Protection's mine and ballistic protection technology is among
the most advanced in the world. The vehicles are manufactured outside
Charleston, S.C.

For more information, visit http://www.forceprotectioninc.com.

This release contains forward-looking statements, including,
without limitation, statements concerning our business, future plans
and objectives and the performance of our products. These
forward-looking statements involve certain risks and uncertainties
ultimately may not prove to be accurate. Actual results and future
events could differ materially from those anticipated in such
statements. Technical complications may arise that could prevent the
prompt implementation of the strategic plan outlined above. The
company cautions that these forward looking statements are further
qualified by other factors including, but not limited to, those set
forth in the company's Form 10-KSB filing and other filings with the
United States Securities and Exchange Commission (available at
http://www.sec.gov). The company undertakes no obligation to publicly
update or revise any statements in this release, whether as a result
of new information, future events or otherwise, except as required by
law.


KEYWORD: NORTH AMERICA DISTRICT OF COLUMBIA SOUTH CAROLINA UNITED STATES
INDUSTRY KEYWORD: GOVERNMENT DEFENSE FEDERAL GOVERNMENT AGENCIES MANUFACTURING AUTOMOTIVE MANUFACTURING AUTOMOTIVE CONTRACT/AGREEMENT
SOURCE: Force Protection, Inc.


CONTACT INFORMATION:
Policy Impact Strategic Communications
Jeff Child, 202-661-6372 (Media Contact)
jchild@policyimpact.com
or
Force Protection, Inc.
Investor Relations, 843-740-7015, Ext 233
investorrelations@forceprotectioninc.com

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TonkaToy
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Shes was about to run, bah looks like it needs more buyers
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NomarKash
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Force Protection, Inc. Announces Reverse Company Stock Split; Armored Vehicle Manufacturer Opens Door for More Diverse Public Investment
LADSON, S.C.

Force Protection, Inc., Ladson
Investor Relations, 843-740-7015, Ext 233
investorrelations@forceprotectioninc.com
or
Policy Impact Strategic Communications
Jeff Child, 202-661-6372 (Media Contact)
jchild@policyimpact.com

Force Protection, Inc., (OTCBB:FRCP - News), the leading manufacturer of blast-protected vehicles deployed with U.S. forces in Iraq, announced today a 12-for-1 reverse split of the company's common stock. Shareholders approved the action at the company's annual meeting on December 30, 2004.

"The reverse split is the next important step for Force Protection as it continues its robust growth," said CEO Scott Ervin. "It will result in the conversion of all Series B and C stock to common stock and enable us to reduce the number of outstanding shares."

The split will be effective when the market opens on February 4, 2005. Force Protection's ticker symbol will change to FPRT. The Board of Directors has amended the company's restated Certificate of Incorporation to effect the split, which will affect all outstanding shares of Force Protection common stock, including those shares underlying outstanding stock options immediately prior to the effective date.

"We are confident the reverse split is in the best interest of both Force Protection and its shareholders," said Chief Financial Officer Tom Thebes. "It is our strong desire that shareholders benefit from a capital structure more appropriate to the company and its future potential. This change will open the door to a more diversified and serious investment interest, and will position the company for future growth."

Ladson, S.C.-based Force Protection, Inc. produces two classes of armored vehicles. The Cougar series is a family of medium-size mine-protected vehicles that can be supplied in four-wheel or six-wheel models. The vehicles can be configured for a wide range of tasks including troop transport of up to 10 personnel, Explosive Ordnance Disposal (EOD), command and control, reconnaissance and lead convoy vehicle.

The Buffalo, a clearance vehicle, has been approved by the Pentagon to be part of a newly devised hunter-killer team concept that will lead convoys against the threat of mines and IEDs. The Buffalo incorporates blast protection technology with automotive components made by such companies as Caterpillar Inc. (NYSE:CAT), Allison Transmission, a division of General Motors (NYSE:GM) and Mack Trucks, Inc., a division of Volvo Group (Nasdaq:VOLVY). More than 20 Buffalo vehicles are in active operation in Iraq.

About Force Protection, Inc.

Force Protection, Inc. manufactures ballistic and mine protected vehicles through its wholly owned subsidiary. These specialty vehicles are protected against landmines, hostile fire, and Improvised Explosive Devices (IEDs, commonly referred to as roadside bombs). Force Protection's mine and ballistic protection technology is among the most advanced in the world. The vehicles are manufactured outside Charleston, S.C.

For more information, visit http://www.forceprotectioninc.com.

This release contains forward-looking statements, including, without limitation, statements concerning our business, future plans and objectives and the performance of our products. These forward-looking statements involve certain risks and uncertainties ultimately may not prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements. Technical complications may arise that could prevent the prompt implementation of the strategic plan outlined above. The company cautions that these forward looking statements are further qualified by other factors including, but not limited to, those set forth in the company's Form 10-KSB filing and other filings with the United States Securities and Exchange Commission . The company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events or otherwise, except as required by law.

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NomarKash
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And here comes the move, up 10% and rising.
Posts: 1295 | From: New Jersey | Registered: Dec 2004  |  IP: Logged | Report this post to a Moderator
   

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