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No links to back anything up.
No record is reported in the Superior Court of California in ANY county that I could find. There is no court brief, or bench brief on any such incident.
Provision won a default judgement as I understand in November 2007 against Betacorp Management.
Provision WON a default judgment against Betacorp Management in November, 2007:
Superior Court of California entered a default judgment of $3,337,820 against
Betacorp Management, Inc. Additionally, the Company filed suit
against one of its distributors for breach of contract, breach of covenant of
good faith and fair dealing, intentional misrepresentation and coercion. The
court has issued a preliminary award in favor of the Company for $226,222. No
gain provision has been reflected in the accompanying financial
statements.
Its in the EDGAR filings.
Read and report filings properly before posting false/misleading information.
PVHO. BB nice and tight. MACD has finally curled up. RSI gaining. Stochastics are going up. Looking good. Gotta get that 50 to pierce above 200 MA and it'll be golden :)
The University of Tokyo partnered with Provision to develop 'Touchable Holography'. The idea is to make a 'hologram' 'touchable' so that surgeons/doctors don't have to use paper/pen because of sterilization.
Reuters Thompson wrote stuff up specifically on PVHO and Tokyo about this saying that if it were to be apart of move theaters, it would BLOW AWAY the movegoing experience.
In September, PVHO announced a deal with MAKO Games to produce 'Air Touch' or 'Touchable Holography' to be implemented in its kiosks.
The "$210 million dollar contract" isn't $210 million. It's potential ad revenue that could be generated by being implemented. The ad revenue is worth $210 million (5,000 stores). PVHO is struggling to get into 400 stores Circle K) right now.
Realistically this is going to start small. Once Circle K get going, and get good advertisers, it'll be worth $9 million in their convenience store network. Once its all implemented in Circle K it'll be worth $21 million.
I believe once the Circle K/Kodak deal is all rolled out and moving, we will be trading at $0.75 since they'll be making the ad revenue stream of ~$20 million.
When the other contracts are announced, I can see this pushing above $1 to $5 range.
We'll see this bust above $0.50 once Kodak and Circle K give an update on the kiosks in the store, I think. The main moneymaker here is the advertising dollars.
It's from September 2010. So no, its not out dated.
PVHO starting to go.
No problem. Here is a good start:
http://www.provision.tv/plugins/tinymce/plugins/filemanager/files/pvho_investor_present_september_2010.pdf
Provision did case studies with Fred Meyers stores which loved the product. Also, they've worked with a bunch of other retailers/companies (Google, Microsoft, Samsung, etc.) TGIFridays, etc.
So, PVHO owns its patents on the 3D display units (over 40 patents). They are the first and leader in true 3D no-glasses displays. They also have a distributor in the UK selling their products. Additionally, they are working with the University of Tokyo to develop "Touchable Holography" (which was featured in Reuters Thompsons report on the future of 3D) and MAKO Games to do Air Touch (i.e. "Touchable Holography") in the U.S.
PVHO is not going to directly compete against Panasonic for 3D TVs. To be honest, its too tough for PVHO. Their focus is on Digital Signage (3D digital signage). Also their units cost $7,000 - $10,000 so its way too high to compete against Samsung TV. PVHO knows too that selling their units ( at $10,000 per) in retail stores might reach a limited market. So in the last year they're focusing their business on leasing the units or owning the units, and providing it as a platform for ad revenue inside grocery/retail chains.
A vast majority of bulletin board stocks are negative. PVHO is developing and growing, and those type of companies aren't for everyone. Some people like companies with solid business like BP (or whoever). Others look at some and go, "I shoulda, coulda woulda.."
Yes, PVHO's older contracts are coming to a close, they were decent but not the best suit for PVHO. So PVHO has a new contract with Kodak and Circle K for 3 years:
http://graphics.kodak.com/US/en/About_GCG/News/2010/100611c.htm
On March 31, Provision Interactive Technologies, Inc. (“PITI”), the operating subsidiary of Provision Holding, Inc., entered into a Location and Revenue Share Agreement (the “Agreement”) with Circle K Stores, Inc. The Agreement provides that PITI and Circle K Stores, Inc. will share gross advertising revenues derived from store displays on up to 483 3D holographic screens into Circle K stores throughout the western region of the United States. The Agreement is for three years with an option to extend the contract for an additional three years upon mutual agreement. PITI will own the holographic screens as part of its planned advertising network. PITI shall also have the exclusive right to sell advertising. Circle K Stores, Inc. will provide support for the program by recommending suppliers of their stores utilize the 3D displays for advertising purposes.
Dated: April 8, 2010
Additionally, PVHO has 2 (check out the presentation) signed contracts that are awaiting to be released from supposed Fortune 200 comps.
What OCTBB doesn't have negatives cash flow? Otherwise it would be on the NASDAQ. Upside story is Kodak has partnered with PVHO (check Eastman Kodak's press release). Reuters Thompson + Hudson Squires Research all featured promising results from PVHO in the near future regarding their tech (along with Samsung, Kodak, etc.). They are the Frost & Sullivan 2010 Tech of the Year Awardee. PVHO has Fortune 500 clients. PVHO announced in August launching into a stream of Circle K stores. Their redemption rate is 17% which is worlds higher than the industry 3%.
PVHO has one of the best share structures and low floater. In addition, they have Gil Amelio, former Apple, Inc. CEO and current AT&T board member onboard. He is quoted as saying he "fell in love" with their tech.
Nice to see PVHO with news out. Looking good :)
PVHO - getting ready to booom
PVHO has finally crossed over!!!!!!
It's all about what you can prove. The SEC wouldn't have filed anything if they didn't think they had a strong case here.
PVHO is looking very good. MACD cross over. News coming out. BIG contracts!!!
PVHO is coming alive..
NEWS! Provision Interactive Rewards Consumers With $100 VISA Gift Cards in Los Angeles' 3D Grocery Network
Thanks for the PVHO chart. Agreed! :)
Yeah I just saw those 2 x 80K transactions there. Someone is accumulating cheaps.
I think so too. Might be alot of new stuff they had to sit on. In any case, I think its better for them to wait after the holidays. It would of been VERY rush to get out the units and things set up during the busiest holiday time of the year. Inconvenient for their grocery store partners, I think. Nontheless, I don't think it makes that much difference.
Not yet! lol, but imagine if they did :)
Yes, 3D is here and lots of people are jumping into the 3D marketplace.
Provision should be updating investors soon with a conference call, I don't know when exactly, but I imagine sooner than later. I do know that Kodak confirmed rollouts with Provision. However, the CEO, mentioned that major rollout might not take place for another few weeks (after the holidays).
The charts say oversold. Which means undervalued. The MMs may move the price but they don't control the show. PVHO is still very undervalued. Once the news comes, it'll be well on its way up :)
Doesn't get any better than this. They are going into stores, and Kodak confirmed their involvement. All its going to take is a news release on that alone to send this orbital in my opinion.
PVHO is way oversold.
Nice stuff there. PVHO is looking to rock pretty soon. MACD is crossing above :)
Provision is definately undervalued right now, in my opinion.
All it takes is some nice news :)
looking gooood!!! wooooo
Patience pays off here. Good job :)
Thompson Reuters and Hudson Squares Research agrees with you. They both put out reports within one year regarding the innovation in these products and what we all can expect. Not to mention they have Gil Amelio, former CEO of Apple, Inc. and current board member at AT&T.
Most of their efforts in 2010 has been spent on advertising dollars as opposed to selling units so I think the decrease in revenues this year is rightly justified. Hopefully it pays off just the way the Investor presentation shows it will, I believe. Personally, I think the product is perfectly ideal (I think as I read in Reuters) for a Netflix or Blockbuster kiosk for movie trailers or purchasing movies.
As you no doubt know, they've partnered with Kodak to rollout their 3DEO units into their grocery store network. An estimated minimum of $9 million in revenue dollars could be generated, and $21 million in revenue dollars in this network alone.
Important things have happened in 2010 seperate from other years:
They've secured a reputable very known partner for rollout - Kodak
They've secured a widespread partner in which to display - Circle K, Hispanic markets, etc.
They've secured advertising dollars and upcoming revenues - see recent press releases and I expect more very soon
So by looking at the Investor plan, its clear they have a clear goal in mind are starting these large advertising networks.
The typical (not Provision) display unit varies. It could be $100 to $10,000.
Not anymore.
PVHO - NEWS & AWESOME Chart
PVHO > news for upcoming rollout!!!
PVHO - A STRONG BUY??????? Must be some awesome DD :)
PVHO news out
PVHO - Fortune 200 partners news due out - MACD crossing over - Golden CROSS!!!!!
Kodak rollout to start in a few weeks!!