Spotlight Growth
No Result
View All Result
Friday, February 3, 2023
  • Home
  • News
    • Bio/Med/Pharma
    • Cannabis
    • Commodities
    • Consumer Goods
    • Crowdfunding
    • Cryptocurrency
    • Crypto Cheat Sheets
    • Earnings
    • Entertainment
    • Financials
    • Market News
    • Opinion
    • Politics
    • Technology
    • Venture Capital/Private Equity (VC/PE)
  • Video
  • Stock and Crypto Screener
  • Home
  • News
    • Bio/Med/Pharma
    • Cannabis
    • Commodities
    • Consumer Goods
    • Crowdfunding
    • Cryptocurrency
    • Crypto Cheat Sheets
    • Earnings
    • Entertainment
    • Financials
    • Market News
    • Opinion
    • Politics
    • Technology
    • Venture Capital/Private Equity (VC/PE)
  • Video
  • Stock and Crypto Screener
No Result
View All Result
No Result
View All Result
Home Consumer Goods

Provision Holding, Inc. (OTCQB: PVHO) Soaring 70% After Announcing $2.5 Million Advertising Insertion Order Contract Across Growing Grocery Channel

by admin
May 16, 2018
in Consumer Goods, Technology
0
3D Hologram Advertising Contracts Deal Retail News PVHO.

3D Hologram Advertising Contracts Deal Retail News PVHO.

Provision Holding, Inc. (OTCQB: PVHO) is engaged within the research and development of intelligent, interactive 3D holographic display technologies. The company primarily gears its products and services towards the retail sector. Shares of the display technology developer are surging 70% through early trading on Wednesday, May 16, 2018. Over the past month, Provision Holding, Inc. has seen average daily volume of 449,547 shares. However, volume of 1.91 million shares or dollar volume of $68,760, has already exchanged hands on the day.

Shares of Provision Holding, Inc. are surging on Wednesday after the company announced it has received advertising contracts totaling $2.53 million from a consumer product goods company. The advertising deal will specifically focus on expanding its 3D holographic platform by integrating into Coinstar kiosks inside grocery stores. Through the end of April 2018, the company has installed around 200 units across Coinstar kiosks located in the Midwest. Management estimates total installations to come in around 4,000 units by the end of 2018. Here is the full press release detailing of the advertising contracts:

Provision Holding, Inc. Press Release:

CHATSWORTH, Calif., May 16, 2018 (GLOBE NEWSWIRE) — Provision Holding, Inc. (OTCQB: PVHO) today announced that it has received signed “insertion orders” (advertising contracts) totaling $2.53 million from consumer product goods companies (CPG’s) to advertise products on the expanding Provision 3D holographic platform integrated into Coinstar kiosks inside grocery store retailers.

The CPG contracts, which carry one-year advertising commitments, cover multiple food and pharmaceutical products, and represent the largest financial commitment Provision has received to date for its advertising platform. Provision expects revenues from these first insertion orders to commence early in the third quarter of calendar 2018.

“We are thrilled to announce these initial grocery channel contracts, as they help to validate Provision’s advertising platform among leading advertisers nationwide,” stated Mark Leonard, Provision’s Chief Executive Officer. “We remain resolute in our confidence in Provision’s prospects to drive meaningful advertising revenue through our collaboration with Coinstar, as well as other retail partnerships and sales channels.”

Curt Thornton, Provision’s Chief Operating Officer, added, “We are beginning to see clarity emerge into our deployment across the nationwide Coinstar network, and are gratified that the interest from advertisers remains robust. Our ad sales pipeline currently has more than 50 additional CPG proposals in process for “paid” campaigns, and we expect to close additional contract deals, as we further expand our scale and customer reach over the second half of 2018 and beyond.”

Through the end of April 2018, Provision has installed 200 units integrated into Coinstar kiosks throughout a regional grocery chain located in the Midwest, and has initiated the installation of a larger set of units into a national chain. Provision expects the pace of unit installation to ramp over the balance of 2018, and reiterates its outlook for up to 4,000 units installed by the end of the year.

Provision plans to provide updates on these initial CPG orders later this year, as they are deployed nationally.

To be added to the Provision email distribution list, please e-mail PVHO@kcsa.com with PVHO in the subject line.

About Provision Interactive Technologies, Inc.

Provision Interactive Technologies, Inc., a subsidiary of Provision Holding, Inc. (OTCQB: PVHO), is the leading developer of intelligent, interactive 3D holographic display technologies, software, and integrated solutions used primarily in retail settings. Provision’s 3D advertising displays are designed to increase in-store engagement, coupon redemption and point-of-purchase activity.

Provision’s 3D holographic display systems represent a revolutionary technology that project full color, high-resolution videos into space detached from the screen, without the need for special glasses. Provision holds more than 10 patents related to its 3D holographic technology, for both consumer and commercial applications. For more information, visit www.provision.tv.

Forward-Looking Statements

This press release contains projections of future results and other forward-looking statements that involve a number of risks and uncertainties. Important factors that may cause actual results and outcomes to differ materially from those contained in the projections and forward-looking statements included in this press release are described in our publicly filed reports. Factors that could cause these differences include, but are not limited to, the acceptance of our products, lack of revenue growth, failure to realize profitability, inability to raise capital and market conditions that negatively affect the market price of our common stock. The Company disclaims any responsibility to update any forward-looking statements unless legally required.

Tags: advertisingapp stocksappscommon stockcontractsemerging growthenergyinvestmentMergermicrocap stocksmobile appsnewsotc marketspharmaceuticalspublic companyretailsalesservicessmall cap companiessmall cap stockssmall capsSpotlight GrowthSpotlight Growth Stocksstock marketstockstechTechnologytechnology stockstrading
  • Trending
  • Comments
  • Latest
Asure Software NASDAQ ASUR Human Capital Management HCM Industry Spotlight Growth

Asure Software (NASDAQ: ASUR) is Expanding to Meet the Rising Demand for Human Capital Management Software

September 27, 2022
OLB Group NASDAQ OLB Cuentas NASDAQ CUEN Partnership Fintech Spotlight Growth

OLB Group (NASDAQ: OLB) and Cuentas (NASDAQ: CUEN) Team Up to Bring Fintech Solutions to Over 32,000 Bodegas Across the United States

October 6, 2022
Siyata Mobile NASDAQ SYTA SYTAW SD7 VK7 Purchase Orders Spotlight Growth

New Purchase Orders for SD7 Rugged Device, VK7, and Other Accessories Boost Siyata Mobile’s Outlook (NASDAQ: SYTA)

December 14, 2021
Telcoin TEL Crypto Spotlight Growth

Telcoin (TEL) Quietly Leads a Crypto Remittance Revolution

June 15, 2021
Cybersecurity Stocks Coming Into Focus Amid High-Profile Attacks

Cybersecurity Stocks Coming Into Focus Amid High-Profile Attacks

0
Safe-T SFET NASDAQ UN Presentation

Safe-T (NASDAQ: SFET) Has Been Selected to Present at the United Nations’ Office of Information and Communications Technology Event

0
Safe-T Group SFET Q4 FY 2020 Financial Results

Safe-T Group (NASDAQ: SFET) Reports Fourth Quarter and Full Year 2020 Financial Results

0
Safe-T Group NASDAQ SFET FY 2020 Prelim

Safe-T Group Ltd. (NASDAQ: SFET) Estimates Record-High Annual Revenues of Approximately $4.9 Million Representing ~50% Growth YoY 2020

0
Elys Game Technology Corp NASDAQ ELYS Completes Acquisition of Engage IT Services Spotlight Growth

Elys Game Technology Corp (NASDAQ: ELYS) Completes Acquisition of Engage IT Services, a Software Engineering and IT Development Company

February 2, 2023
Tenax Therapeutics NASDAQ TENX US Patent Levosimendan PH-HFpEF Spotlight Growth

Tenax Therapeutics (NASDAQ: TENX) Granted U.S. Patent for IV Levosimendan for Pulmonary Hypertension with Heart Failure and Preserved Ejection Fraction (PH-HFpEF)

February 2, 2023
Versus Systems NASDAQ VS Resolve Debt Partner AI Gamification Consumer Debt Spotlight Growth

Versus Systems (NASDAQ: VS) and Resolve Debt Partner to Integrated Generative AI and Gamification to Customer Payments and Credit Markets

February 1, 2023
Finding the Most Accurate Technical Analysis Indicator Spotlight Growth

Finding the Most Accurate Technical Analysis Indicator

January 31, 2023
ADVERTISEMENT

Recent News

Elys Game Technology Corp NASDAQ ELYS Completes Acquisition of Engage IT Services Spotlight Growth

Elys Game Technology Corp (NASDAQ: ELYS) Completes Acquisition of Engage IT Services, a Software Engineering and IT Development Company

February 2, 2023
Tenax Therapeutics NASDAQ TENX US Patent Levosimendan PH-HFpEF Spotlight Growth

Tenax Therapeutics (NASDAQ: TENX) Granted U.S. Patent for IV Levosimendan for Pulmonary Hypertension with Heart Failure and Preserved Ejection Fraction (PH-HFpEF)

February 2, 2023

Categories

  • Bio/Med/Pharma
  • Cannabis
  • Commodities
  • Consumer Goods
  • Crowdfunding
  • Crypto Cheat Sheets
  • Cryptocurrency
  • Earnings
  • Education
  • Entertainment
  • Financials
  • Market News
  • Opinion
  • Politics
  • Real Estate
  • Split Watch
  • Sponsored
  • Store
  • Technology
  • Uncategorized
  • Venture Capital/Private Equity (VC/PE)

Site Navigation

  • Disclosures
  • Terms Of Service
  • Privacy Policy
  • Contact Us

Copyright © 2017-2022 Spotlight Growth. All Right Reserved. Designed by Cool Cat Interactive.

No Result
View All Result
  • Home
  • News
    • Bio/Med/Pharma
    • Cannabis
    • Commodities
    • Consumer Goods
    • Crowdfunding
    • Cryptocurrency
    • Crypto Cheat Sheets
    • Earnings
    • Entertainment
    • Financials
    • Market News
    • Opinion
    • Politics
    • Technology
    • Venture Capital/Private Equity (VC/PE)
  • Video
  • Stock and Crypto Screener

Copyright © 2017-2022 Spotlight Growth. All Right Reserved. Designed by Cool Cat Interactive.

Newsletter Signup

Subscribe to our weekly newsletter below and never miss the latest small/micro-cap analysis and investment news from Spotlight Growth.

Enter your email address

Thanks, I’m not interested