Actually, I believe FPVD is an all around legit company with management that seems to have good heads on their shoulders. Also, any research, DD, and investigating I have done leads me to believe that FPVD is one of those very unique tickers down here in pennyland that seems to actually be something other than a scam to make a handful of guys rich at the expense of the shareholders. I feel that "floundering" is a bit too aggressive of a verb to describe what FPVD's PPS is currently doing, trust me, I was here for the "floundering" and it was not pretty. Anyone else that was there with me knows that these are very good times for FPVD and us FPVD "veterans" are all certainly happily excited for the coming weeks and months, that's for sure. That said, let me get to why the PPS is hanging out down at these levels, at least for the time being anyways...
If one takes a closer look at FPVD, it would be worth noting that they only actually became the company that we see now, with this business plan, just slightly over a year ago. I believe it was March of 2015 when they began pursuing this business plan. Incidentally, they need some working capital to get off the ground. Unfortunately, the majority of that working capital came in the form of convertible notes. Better known as toxic debt in the investor world... The dilution from those convertible notes has been the main reason for the low PPS. It also took FPVD a little bit to get off the ground, as it would with any new company. Fortunately, the one good thing about toxic debt is that it can be paid off and become something of the past. In the case of FPVD, they have been making good progress toward this goal.
FPVD is also, just very recently, finally beginning to get some great exposure into this emerging market. They had been slowly, but steadily, building their client base and building a brand but the Beginning of August was, in my opinion, the beginning of the next era for FPVD. This advance into the next level for FPVD can be marked by the order for the United States Forest Service, followed a week later by the order for the Department of Homeland Security. FPVD also stated that there will be many more orders to follow. The thing to ponder about orders for government agencies is the concept that most orders lead to contracts if the product is well liked, as I believe will be the case here. I also believe that something which becomes familiar within these agencies often becomes the "go to" for other agencies. This is simply because the name can be recognized and the product has already been tested.
All of this is, of course, the view that I have formed after watching FPVD over the past year. Anything can happen, nothing is for sure in the stock market, especially on the OTC exchange. FPVD may soar, or they could end up fizzling out. What I do know is that the current events within the company, along with the fact that the market for products like these seems to be about to explode, is enough for me to be pretty confident. Yes, this is an OTC ticker down in pennyland but, for once, this is not because of unscrupulous management activities or a bad business plan. I would encourage anyone to do a bit of research into successful companies that got their start down here in the OTC. The list, though it may be short, would surprise some people.
