Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
After reaching out to Curt recently, he did communicate to me this evening that they are working on many different initiatives simultaneously, and hoped to share with the public as soon as they are permitted. He gave no update on 10-K status.
I’m not getting my hopes up as I have been disappointed too often.
Portage gets new CEO:
https://seekingalpha.com/pr/17500019-portage-announces-change-ceo
I agree. I sent Matt a direct email to tell him how good the ASA ad looks and suggested he put out a tweet about it.
Great news. Innerscope hearing aids are now advertised on ASA website as of this morning. https://americanseniors.org/compare/
I wonder if Provision is in competition for the longest, overdue 10-K for any company. Auditors are busy excuse is BS! Maybe we should start a lottery on when 10-K will be released. Any predictions?
It's traded on the Canadian Stock Exchange. You can buy and sell but until management is ready to uplist there is not much demand.
PTGEF is working on many more BHVN's so I'm keeping my shares.
“From November 2017 10-Q:
The Company shall pay to Coinstar, and Coinstar shall pay to participating retailers a specified percentage of monthly Net Advertising Revenues, per kiosk (the “Promotion Retailer Commission”) included in a Statement of Work, which shall be determined by mutual agreement of Coinstar and Provision. “Net Advertising Revenues” is defined as gross advertising revenues from Systems less any operational expenses incurred in connection with such Systems (for example: cost of paper, service, network connectivity, network administration). The Company shall evenly divide the remaining monthly Net Advertising Revenues after deducting the Promotion Retailer Commission).
Under the agreement, Provision and Coinstar will integrate Provision’s patented 3D “Holovision” display systems into Coinstar kiosks nationwide. The Provision 3D holographic display will “bolt-on” to the top of the existing Coinstar kiosk as a “topper”. Our couponing and loyalty card system software will be integrated into the Coinstar touch-screen interface. The firms will evenly divide the monthly net advertising revenues, after deducting promotional retailer commissions. Provision believes that the monthly advertising revenue potential in this channel should exceed that of a retail pharmacy chain.”
I just picked up 5K shares at $.08 executed 11:04 through Citadel Execution Services.
Coinstar gets 50% of all revenues from Provison sales.
Provision technology is cool but Curt doesn’t have what it takes to succeed. Go back and look at the company’s history. Management is always “working hard on major initiatives” but lacks the skill to execute.
In order to satisfy investors, Curt makes excuses for failure and tells us good things are coming in the near future. I’ve heard that for two years.
Because my Provision investment is in an IRA, my broker, Fidelity will not allow me to buy shares because of the delinquent 10-K filing and Curt is aware of this. By the time Curt files 2018 10-K the 2019 10-K will be overdue!
Coinstar announced and posted this on June 5, 2018. No update since from Coinsar on how the program is going. I called Coinstar last year and was told the Provision Eagle Giant rollout was a pilot test program.
https://www.coinstar.com/press-releases/coinstar-rolls-out-coupon-capability-through-kiosks-at-giant-eagle-stores
Most of us believe the biggest gain is expected from the Tinnitus FDA trial. I’ve followed the news closely and noticed the timeline has been moved from 2nd/3rd quarter to most recently end of year. Hopefully we will get some insight as the year progresses at to how trails are going.
January 29 tweet:
“.to create BETTER Hearing Solutions for the DTC Hearing Aid market to compete in this $9 billion dollar global hearing aid industry, this also includes our FDA Clinic Trial on a Treatment for Tinnitus. Trial is underway & should wrap up 2nd/3rd Q 2019....”
March 8 tweet:
“I can confirm it is not regarding our FDA clinical trial, which is progressing & will be complete in the Fall.”
From April shareholders letter:
“We expect the clinical trials we are conducting at our Value Audiology & Hearing Aid Centers to be completed and to receive market clearance by end of 2019”
Just got a reply from Curt. Here is part of his message, for what it's worth:
"The company is working hard on several major initiatives and as soon as we are able to share the information publicly we will. "
No mention of late filings..........
I just sent Curt this email:
"Hi Curt,
It is demoralizing to investors to be in the dark so long, especially when companies SEC filings are so delinquent.
I follow many social platforms and believe me, investors are very frustrated. Any update would be appreciated by investors.
Thank you and enjoy your holiday weekend.
Jim"
I am a supporter of INND but do have some concerns. I get the feeling that Matthew is charging ahead so fast that he is not doing adequate follow up.
My example is the ASA senior’s association, Matthew refers to in the shareholders letter. Go to the ASA website and you will see competitors hearing aids but no InnerScope ads. I called ASA CEO Paul Cornell last week and he told me he is waiting to get advertising information from Matthew so he can advertise InnerScope on his website.
I brought this to Matthew’s attention on his twitter account but no reply. I sent Matthew several emails to follow up on my concern and no reply.
So, I called Mr. Cornell just now and he told me they finally heard back from InnerScope and are in the process of updating ASA website to advertise InnerScope hearing aids! Great news but this action was long overdue IMO.
I’ve communicated with Curt extensively, including a one-hour phone call last year. Trust me, contacting Curt is a waste of time. You cannot count on anything he tells you.
Last excuse was blamed on lawyers and auditors. Maybe we get lucky and get a mid-year update.
like you said, a dilution machine at it's finest! So sad...
That thunderous noise you hear is the stampede of investors chasing the INND train before it leaves town!
Those who hold will make it to the promise land!
On March 22, I sent Curt an email suggesting he use Twitter to keep shareholders informed. Here is Curt's reply:
"Hi Jim,
Thanks for your suggestion. At this time, we’re not actively using Twitter or any other social media platforms as they do take lots of time, and our ‘follower’ subscription rate has been low as far as we can tell from our shareholder base. However, we’ll be updating everyone operationally when we do our filings, as we continue to ship and install toppers.
Thanks again,
Curt"
Notice key statement, "when we do our filings"
Good luck to all PVHO shareholders!
Kenny is ready to write up a new article but Curt is not cooperating.
Kenny sent Curt a fill in the blank form so he could collect some current facts. Curt failed to follow up and I suspect is stalling until he gets out an update with the LONG delayed 10-K.
Hard to find a penny stock with so much potential. Bases are loading up for a Grand Slam!
Three months ago, Kenny Soulstring published an article about PVHO. This was from research he did when Provision signed the deal with Rite Aid. The article was not published at that time because Curt Thornton asked Kenny not to publish because Provision had signed up with KSCA as their PR firm. (What a joke that was for anyone trying to get information about Provision.)
Since then, Curt reached out to Kenny to explore PR opportunities. Shortly after that communication, Kenny published this article on his blog site:
https://www.soulstringreport.com/Blogdetail/Provision-PVHO-Stock-Continues-To-March-Higher-On-
The stock price shot up followed by the Ortegra press release by Provision.
https://www.soulstringreport.com/Blogdetail/Provision-PVHO-Stock-Continues-Run-After-Signing-O
I asked Curt why management has not been buying stock on open market. He did not have a good answer. That speaks volumes.
Nothing can stop this train, get on board or get run over!
On March 4th, Curt told me to expect news about Joyful ATM partnership in next 60 days. IF he keeps his word, an update is expected in the next few weeks. (I have communicated with Curt for over a year and have learned he often misses his targets.)
Part of Curt’s email:
“Regarding Harold and his ATM Company; yes, a decision has been made and we’ll make an announcement about it soon; perhaps within the next 60 days”
Has anyone heard any feedback from the 215 Toppers that were installed in the Eagle Giant grocery stores last June?
I am not longer able to buy PVHO because they are delinquent in filings. Each month I asked about filing status, Curt kept telling me the filing would be completed next month. That was four months ago.
After owning for two years, I no longer trust management and will be selling after long delayed updates.
CEO of INND communicates with investors via twitter and delivers on his promises. Maybe that is why I'm up 330%.
I’m up 300% and have complete confidence in the Moore family. Matthew Moore is confident of a Nasdaq uplising this year. Long INND.
As a USAF veteran with tinnitus, I contacted Mr. Matthew Moore via email to congratulate him and his team on their success and the potential for a tinnitus cure. I also informed him I was a proud shareholder.
Not sure if I would hear back from him with his busy schedule, but a few weeks later he replied, “Thank you for your support, my team, my business, and my family will work 110% to make you proud to be a shareholder.”
With a cost basis of $.02, I am a double beneficiary of the Moore’s success! Count me as a long-term investor in INND!
Agree the lack of communication is troubling. Unless that changes, I don’t see them growing their investor base.
My source tells me the delay of 10-K is because lawyers and auditors are backed up and Provision is a low priority. I have followed this company for several years and have found them not to be trustworthy. They over promise and under deliver. My position is now small since I took some profit on the last run up.
The only reason I still own shares if because creditors gave them a lifeline and they got a foreign investor to loan them 2M.
I am invested in INND and made nice gains. If you are interested, follow along at https://investorshub.advfn.com/Innerscope-Hearing-Technologies-Inc-INND-31913/. This company keeps investors informed and is growing at a rapid clip.
Follow on twitter at https://twitter.com/inndstock?lang=en
My source tells me the Topper rollout is going well and a Prosperity ATM update is near. I anticipate good news in 30 days.
CEO is laser focused and determined to up list to Nasdaq this year. My crystal ball agrees.
Plenty of good news, press releases and expectations. Now all we need is market penetration and a 2019 Nasdaq up listing.
I wonder how CVS deal to sell CBD hemp will affect INND sales?
https://www.marketwatch.com/story/cvs-to-carry-cannabis-producer-curaleaf-cbd-products-2019-03-20
Definitely the worst management of any company I’ve followed. The only positive is share price holding up at $.02. One would think the London company that loaned them 2 million is watching out for their investment.
IMHO, major concessions made by creditors and new loans require an extensive review by lawyers and auditors. Provision’s small size is a low priority for auditors during a busy time of the year. Once they get to Provision’s books, I see a relief rally and positive updates.
I agree progress has taken too long and setbacks have been disappointing. Hopefully going forward management will do a better job setting realistic goals.
Meanwhile, Coinstar has partnered with many other vendors who will attract more customers. More visits to a Coinstar machine mean more eyes on Provision’s coupons.
I’m long this stock with $.004 cost basis. After many hurdles, I believe this will be the year Provision takes off. I was first introduced to this company by author of this updated article:
https://www.soulstringreport.com/Blogdetail/Provision-PVHO-Stock-Continues-To-March-Higher-On-
CEO is determined to uplist to the Nasdaq this year. Obviously, he is aware of things we don’t know yet, but my money is on the Moore Team! LONG INND
Expecting an update about the partnership with Prosperity's Joyful ATM service. That may have added to the 10-K filing delay.