FPVD - FPVD STOCK NEWS

Force Protection Video Equipment Corp. (OTC: FPVD), operating as BIGtoken, reported a strong third-quarter revenue of $765,000, reflecting a 33% increase year-over-year. Year-to-date revenues reached $2,469,000, marking a significant 115% rise compared to 2020. The company's gross profit margin improved to 73% for the quarter, up from 60% in 2020.
However, operating expenses rose by 42% to $2,617,000 in Q3 2021, with notable costs related to legal services for the upcoming merger with BritePool, anticipated to close in Q4 2021.

Force Protection Video Equipment Corp. (OTC: FPVD), also known as BIGtoken, will host a corporate conference call on October 6, 2021, at 12:00 p.m. ET to discuss its merger with BritePool, Inc. CEO Christopher Miglino and BritePool CEO David J. Moore will provide insights on the merger details and future product roadmap. This call follows a press release on September 29, 2021, about the merger. Interested participants can register for the call online or join by phone using the details provided. Access to the call’s recording will be available for 90 days.

The merger between Force Protection Video Equipment Corp. (FPVD), known as BIGtoken, and BritePool, Inc. aims to enhance privacy-focused marketing solutions. This all-stock transaction will see BIGtoken acquire BritePool, with CEO David J. Moore leading the combined entity. Shareholders of BIGtoken will hold approximately 55% ownership post-merger. The deal is expected to close in about 30 days, pending customary conditions, and will be detailed in an SEC filing. This strategic partnership seeks to create value for both consumers and advertisers.

Force Protection Video Equipment Corp. (OTC: FPVD), operating as BIGtoken, reported strong financial results for Q2 2021, with revenues increasing by 125% to $849,000 compared to $377,000 in 2020. The six-month revenue rose by 199% to $1,704,000. Gross profit margin improved to 72% from 56% in 2020. Operating costs saw a slight increase of 3% to $2,599,000, but decreased by 17% over six months. The company's strategy focuses on user engagement and ethical data practices, aligning with market trends towards privacy.

BIGtoken® Inc. has unveiled insights from its summer travel study, revealing a strong desire for travel among Americans post-pandemic. A survey of 5,839 respondents showed that 44% plan to travel this summer, with the majority preferring road trips. Key motivations include visiting family and friends (35%) and seeking new experiences (20%). Concerns about travel include costs, particularly rising gas prices. The study highlights consumer spending trends, indicating opportunities for brands in the travel sector to cater to budget-conscious travelers.

Force Protection Video Equipment Corp. (OTC: FPVD), known as BIGtoken, reported financial results for Q1 2021. The company aims to enhance its data marketplace and has focused on creating targeted reach for clients while developing its blockchain technology. Key accomplishments include acquiring BIGtoken's capital stock, raising $4.81 million from equity sales, and restructuring its sales department. Financially, revenues rose to $855,000, up from $193,000 year-over-year, while operating loss decreased to $1.52 million from $3.05 million, mainly due to reduced operating expenses.

BIGtoken® Inc. has appointed George Stella as president following the departure of Lou Kerner. Previously, Stella served as chief revenue officer since February 2021, leveraging over 20 years in digital media and co-founding BIGtoken. His leadership aims to enhance consumer control over data. Under Stella, BIGtoken has secured nine of the top ten CPG companies as repeat clients. The company emphasizes data privacy as a human right, offering a platform where users can monetize their anonymized data. The future remains uncertain as the company acknowledges risks inherent to its business model.

BIGtoken® Inc. is hosting a webinar on May 13, 2021, focusing on bitcoin and corporate treasuries. This follows MicroStrategy's significant bitcoin investments, which have spurred interest from other publicly traded companies. Despite only 1% of these companies holding bitcoin, MicroStrategy’s influence has been profound, leading to educational initiatives and increased treasury diversification. Key topics include the growing impact of corporate treasuries on bitcoin pricing and a discussion with notable industry experts.

BIGtoken has engaged PCG Advisory Inc. as its investor relations advisor after its merger with Force Protection Video Equipment Corp (FPVD). CEO Lou Kerner emphasized the importance of building investor relationships and stated PCG will enhance visibility with stakeholders. PCG's Jeff Ramson noted BIGtoken's strong growth plan and commitment to data privacy, signaling a significant opportunity for investor engagement. The company positions itself as a leader in the opt-in data marketplace, advocating for consumer data ownership and transparency.