Provision Holding Inc. (fka PVHO)

[Maramu]

Starting installs at a new grocery partner is encouraging. Not typical behavior of a company “in the business of going out of business”. Appears they are managing to finance and continue the California rollout slowly, somehow, through ad revenue or “JVAs”.

At about 1-1/2 years into the Coinstar partnership, one would think that the slow rate of installations of toppers by Provision would have already triggered a non-performance clause in the agreement. Coinstar (and Stater Brothers) apparently are signing on to expanding the network. That seems to show recent and continued support from partners. glta