Provision Holding Inc (OTCMKTS:PVHO) On A Bull Run

Provision Holding Inc (OTCMKTS:PVHO) is a name that we at Insider Financial identified as one of our top picks for 2016. We said back in January that "Currently trading at a $5.9 million market cap, PVHO has the potential to be an exciting name in small caps. Many shareholders have been waiting years for the company to breakout. Now that it’s shipping more 3D Savings Centers, it might just actually happening."We then updated our readers and subscribers last month that shares of PVHO were consolidating before making their next move. Shares did exactly as we expected and have gone on an explosive run higher and hit $.50 per share last week. More investors are discovering PVHO and learning more about the leading purveyor of intelligent interactive 3D holographic display technologies, software, and integrated solutions for both commercial and consumer focused applications.Provision’s 3D holographic display systems represent a revolutionary technology that provides the projection of full color, high-resolution videos into space detached from the screen, without any special glasses. Provision is currently the market leader in true 3D consumer advertising display products being implemented by innovative, consumer-focused companies.Provision’s 3D Savings Center Kiosks generate eye-popping, three dimensional, holographic videos and include exclusive loyalty card information and promotions. The 3D Savings Center kiosk contains Provision’s patented and award-winning 3D holographic display, which has proven to capture the interest and attention of retail customers. The 3D holographic display projects videos in front of the screen without the need for any special glasses or discomforting eye stress. Each kiosk also has a 2D interactive touch screen that provides consumers with quick access to promotions, rewards, coupons, or other retailer specific programs such as loyalty cards. Brand marketers can showcase their products via 3D advertising and engage viewers via the interactive touch screen interface.Helping to drive shares higher was the news that the company is preparing five new patent applications on its unique technology. The company has engaged New York-based intellectual property experts, Pryor Cashman, to handle the writing and application process. The new patents would boost Provision’s intellectual property protection in the U.S. and ultimately through the international PCT (Patent Cooperation Treaty) process recognized by countries around the world. The most interesting part was what CEO Curt Thornton had to say.

“We expect to file additional patent applications this year in advance of our planned expansion into other markets such as video gaming, home entertainment, medical imaging and telecommunications. We know our technology is unique and valuable, so are taking these aggressive steps to protect the company, its intellectual property as well as its partners and customers worldwide.”

He is signalling to the market that PVHO is looking to move beyond the kiosks. He sees the potential for the company's technology in video gaming, home entertainment, medical imaging and telecommunications. These are big markets and expansion into these areas will really drive revenues and boost PVHO's valuation.The other big news from the company last month was its deal with The GRI Marketing Group Inc to provide both regional and national advertising sales. Under the agreement, GRI will generate ad sales to support the national rollout of Provision’s 3D digital savings center retail network. Each Provision 3D digital savings center contains a proprietary 3D holographic display proven to capture the attention of retail customers, with a 2D interactive screen below designed to reward and enhance the customer experience. GRI will deliver advertising partners interested in Provision’s unique 3D media campaigns, and on-site promotions. The partnership will allow Provision to expand its advertising reach to regional and national brands.Currently trading with a market cap of $37 million, PVHO is an exciting story on the OTC markets. Total revenues were $2.2 million for the quarter ended December 31, 2015, its second fiscal quarter after its June 30 year end, compared to $78 thousand for the similar quarter last year and $1.2 million of the previous quarter ended September 30, 2015. We expect revenues to ramp up this year and the stock to outperform the market. Congratulations to all readers and subscribers that caught this move in PVHO. We will be updating Insider Financial as soon as we know more. For continuing coverage on PVHO, sign up for our free newsletter today and get our next hot stock pick!Disclosure: We have no position in PVHO and have not been compensated for this article.