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News for FRCP released after market close.
Force Protection, Inc. (OTCBB:FRCP) stated today that Senator Lindsey Graham (R-SC) has announced that the U.S. military has signed a contract to purchase 21 Buffalo Mine Protected Clearance Vehicles (MPCVs) from the company's Technical Solutions Group (TSG) subsidiary. A copy of Senator Graham's statement is below.
U.S. Senator Lindsey Graham (R-South Carolina) today announced an
order for 21 Buffalo Mine Protected Clearance Vehicles will be
filled by Technical Solutions Group of Ladson.
The estimate value of the contract, targeted for completion by
years end, is $15.3 million with an initial release of $7.6
million.
"Our men and women in uniform deserve the best equipment and
training available," said Graham. "The Buffalo will help protect
our soldiers from landmines and roadside bombs as they carry out
their duties in Iraq and Afghanistan. It's an important vehicle
helping our soldiers fulfill critical missions.
"As a member of the Senate Armed Services Committee, it's also
particularly satisfying to know that a company with South Carolina
ties is playing a big role in helping win the war on terror."
Graham has been an advocate for additional armed vehicle
protection for U.S. soldiers and Marines in the global war on
terror.
Technical Solutions Group, a subsidiary of Force Protection, Inc., manufactures and markets vehicles designed to both protect troops and equipment as well as to detonate and remove mines. The company combines a proprietary capsule design with American automotive technology to produce vehicles with a high level of protection, visibility, load carrying capacity, interior space and parts availability- all critical qualities in military vehicles.
FRCP. News expected today on 15 million DOD contract.
In IDGE also
BB, could you post a chart for IDGE? I think it has found bottom. anybody know current os for this POS. TIA
Whats your take on IDGE?
Thank you. Always great info on this board.
What do you guys think of RVNM?
CHIG back on WNMI.
I'm in.
I would expect to see some press out of GFYF. He has alot of shares to pump and dump.
Could someone post chart for cded? What was the final outcome of GFYF share count question? TIA
I think the info is incorrect. I think I will pick up some more on the panic. GLTA
I think everybody got scared and bailed.
Jumped on FXGP today too.
somebody called the ceo on dilution for pavp and he said "God No"
Any speculation on stockprowler this month. Who's going to be pick of the month?
Whats up with IDGE?
Just thought I would post it as it seems to be on a run. No need to be a Di*k
IDGE just broke .10
IDGE I'm in. Let er rip!!!! Missed the QBID run, wont miss this one. Updated chart on CDED? Anybody have one?
I think they are printing the shares as people order them.
TY
MOBL is up un news. Anybody know where resistance is?
Thats where I was looking, around .04. I cant read the charts like you folks, but plan to learn. TY
Thank you.
IBZT good entry point? anybody
I have sent 3 e-mails to this company and have rcvd no reply. This makes me question whats going on. I have rcvd responses from larger companies. i think I will sell at a loss. I don't like what i've been reading about this company, seems to be all BS.
Could somebody do a chart for TFTC, and give your read on that chart? TIA!!!!
It looks to me like it is being bought in large blocks. Interest will return. I think it is waiting on the federal money news and the people selling are the ones getting nervous. I purchased more today at .031. I think we will see some movement in the next few weeks. Hold tight, it will move when news is released. I still think we will see at least .07 to .09 within the next week or so.
TFTC 4-mill block just traded. Never fails every day large block goes 4-6 million shares.
Had to buy more TFCT at these prices. Now just wait for federal dollars.
Somebody is picking alot of TFCT up. I have seen 5-6 million shares trading in blocks. I've seen this over the last few days. It is double it's average volume and still trades flat. I smell something cooking. I think the big money is shaking out the weak hands.
You know they changed the law reguarding shorting stocks. if there is a large short position on this come Feb 20 this stock should have a large jump.
I'm looking for opinions on TFCT.OB. Anybody followin this stock. I own a ton of it, looks to me like it's waiting for news of federal money. Any feedback?
Somebody is loading up at.034 I have seen a 6mill block and (2) 5mill block. 1 5mill yesterday and a 6mill and a 5mill today. I think the news of the contracts will bump us up to .07 to .09. After that it may be a flat for a bit, leaving a new trade channel in the .07 to .09 range until new positive news comes. Just my guess.
I will buy more tomorrow. It looks to me like this is what they were waiting for.
I sent an e-mail to the company, but have not had a response. If you go thru all the press releases 1st qtr should be strong for this company. Not to mention the Private placement at .25 per share. Do you think an investment company is going to drop 1/4 mill at that price. I expect hugh up 1st qtr.
I just joined this stock about a week ago, and this looks like a company going in the right direction. I will ride this puppy all the way up. their press releases say big progress in the 1st qtr. Nasdaq, federal grants. Easy quad with this on the horizon.