Yes, the pepper does form at that point. You should see a small green ball from the axis of the flower right after and during blossoming. If not, more than likely, there is a temperature difference between day and nighttime. Some blossoms will fall regardless of the time of year, but extreme differences will cause blossoms to drop off and not produce fruit but will start as day and night temps stabilize. Nigh-time 50 degrees is about the minimum for recent transplant to keep blossoms and become productive fruits. Extreme high temps can also produce similar blossom drop. In any event, it would be wise to apply some bone-meal before planting to help supplement calcium and once again after the peppers start to form. I use "Plantone" and have had good results. Go easy on the nitrogen and keep watered till they are established and you should have good results.
I have had no pest problems here in zone 5/6 and I do save seeds from the best and plant them the following year. Hope this was helpful
I have had no pest problems here in zone 5/6 and I do save seeds from the best and plant them the following year. Hope this was helpful