Replies to post #6820 on Provision Holding Inc. (fka PVHO)

[alien42]

PVHO has never been selling machines.

that's not accurate either. if they don't sell machines, then how do they recognize that revenue?

from the last 10K...

"On June 30, 2014 the Company entered into an agreement with DB Dava, LLC (“DB”) to help the Company launch the 3D network in Rite Aid. The agreement creates a newly-formed entity, ProDava 3D, LLC (“ProDava 3D”), to purchase Provision’s 3D Savings Center kiosks for placement into Rite Aid stores. ProDava 3D may purchase up to $50 million in 3D Savings Center kiosks. The agreement calls for an initial purchase of $2 million of 3D Savings Center kiosks in the fiscal year ending in June 30, 2015. The Company will generate revenues and gross profit from the sale of machines to ProDava 3D during the fiscal year ended June 30, 2017. The Company will also will earn advertising revenue from advertisements in Rite Aid earned by ProDava 3D."