Provision Holding Inc. (fka PVHO)

[Maramu]

O/S up another 26M shares this last month to just under 383M per OTC Markets. This was entirely unrestricted stock (303M to 329M), equaling roughly $21K at the average trading price.

This has been the typical dilution pattern since the new year. Whether it is the company desperate for opex, or noteholders converting at pennies on the dollar, one thing is certain — it can only happen for one more month at this rate before maxing the A/S.

This looks like the end game over the next couple months, imo. Either one of the “several initiatives”(TM) pans out for yet another financial shot in the arm, we see an amendment to the A/S with more dilution to fund a hobby business, or it implodes under the debt soon.