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Force Protection, Inc. Takes Steps To Be Removed From Berlin Stock Exchange After Unsanctioned Listing
06/02/2004 16:14
Force Protection, Inc. (OTCBB:FRCP) announced today that it has taken steps to have its shares removed from the Berlin Stock Exchange, where it was listed without the company's authorization. "This unsanctioned listing came to our attention a few weeks ago and we have, through our attorney, notified the Berlin Exchange that our stock is to be removed post haste," said CFO Tom Thebes. "While we appreciate any legitimate interest various parties may have in seeing our stock trade in their native country, we will not tolerate unauthorized listing of our stock on any of the world's stock exchanges." About Force Protection, Inc.
Force Protection, Inc. manufactures and distributes vehicles that protect and save lives and property. Its subsidiary, Technical Solutions Group, Inc., (TSG) manufactures and markets military vehicles that are protected against landmines, hostile fire, and Improvised Explosive Devices (IEDs, commonly referred to as roadside bombs). Its 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.forceprotection.net.
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.
Posts: 129 | From: Ft Lauderdale, FL, USA | Registered: Mar 2004
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BB... Now if only WNMI(which I know you hold also) would come out with a similar pr I'd be doubly comforted since I hold both FRCP and WNMI. WNMI is way overdue for a pr especially in light of the upcoming Bullrun, don't you agree? Just how big a part will Warning play and how visible will they be throughout the Bullrun event? If their models are being used, that's great because it means revenue but I'm hoping that WARNING itself and it's logo get high profile as well along with the models and Malia. Perhaps I should've posted this on WNMI's thread.
Posts: 129 | From: Ft Lauderdale, FL, USA | Registered: Mar 2004
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perhaps this explains why FRCP hasnt been performing as I had expected... I too have massive faith in this company and I hope this helps it turn up a bit.
Posts: 150 | From: Kiev Ukraine | Registered: Apr 2004
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IPVO same thing. Was on the Berlin. Went from $1.35 TO .68! Price way under what it should be.
Posts: 3026 | Registered: Apr 2004
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BIBO did the same thing... they popped with some news, but just didn't get much steam from it, then it was noticed that BE had them listed. Once they got removed, they went back up.
------------------ FurrySound -DD-GLTA-Unless I've quoted a source, I know not what I speak of.
Posts: 2170 | From: Pennsylvania, USA | Registered: Mar 2004
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