(Public, OTC:PVHO)

Provision Interactive announced several key company developments which should continue to help the company expand going forward. Amidst the rapidly growing 3D technology marketplace, this should be seen as exciting news for current and potential shareholders, as the company marches onwards into a highly profitable dominant player. Based on our and other analyst evaluations, the company’s stock should be trading at a much higher price per share than current base levels. With a float of only 9.6M shares, it is easy to see why the upcoming pending headlines can really move this stock, thus we’ve set PVHO on outperform, with a target of $0.45 in the short-term based on the recent news. Additionally, further signs of future success is seen by the ownership and major holders. There is only around 30% of the shares available to the public float, as the executive team owns 46%, catalpa with 13% and other stakeholders at 11%, courtsey of the company’s facts sheet available to view on the right side. With a cash burn rate of only $50,000 a month, and millions of dollars in revenue coming in for the next couple of years, the upside potential certainly outweighs the downside in a landslide.

2010 is the year of 3D displays. 7,000 new 3D cinema screens are predicted to be installed globally and another 9,000 in 2011. The only problem, or obstacle, to potential mass consumption of 3D technology (with the exception of the cost of course) is that users will have to wear glasses in order to enjoy 3D cinema or TV. One company in particular, Provision Interactive, is keen to prove otherwise with their product line of autostereoscopic (does not require glasses) 3D displays. The only obstacle with this technology is that viewers have to be standing in a specific place for each eye to view different versions of the images, thus viewing the images in 3D. The question is how can this be perfected? And if indeed it will, in what may become a race to the top for manufacturers (just as HD DVD and Blu-ray Disc went head-to-head). These types of companies are highly susceptible to partnerships, and our sources tell us Provision, which could see an announcement anyday now, is in hot pursuit by many of the industry’s top firms such as Apple, Sony and Microsoft.

Glasses has long been a problem for the 3D marketplace, causing many implications for the users. A select few of these include motion sickness, perceptual after effects, disorientation, eye strain and decreased postural stability. Samsung was one of the brands which has suffered from this consequnce, as seen from their Website manager’s message, “It is recommended that users take frequent breaks to lessen the potential of these effects. If your eyes show signs of fatigue or dryness or if you have any of the above symptoms, immediately discontinue use of this device and do not resume using it for at least thirty minutes after the symptoms have subsided.” Could they be the one’s interested in Provision’s technology which fixes this issue in its entirety?

This isn’t just about cinema and TV of course. New research has bought about some amazing predictions. Developments of 3D technology will inevitably have an impact on our mobile phones—the mobile phone market is forecasted to be the most popular category in terms of sales of 3D displays. Units of 3D ready products sold (TVs, mobile phones, digital cameras/camcorders, notebook computers) are expected to grow from 0.7 million to 196 million by 2018 (that’s revenue of US $22 billion- 3D-ready TVs alone are predicted to grow from 0.2 million to 64 million by 2018). That’s big business. Courtesy of the following TrendHunter Report.
Insight Media, the recognized leader in Emerging Display Technology Market Research, says that the stereoscopic 3D market is poised to grow from a handful of 3D-capable displays and a few thousand gamers, to an expected worldwide market of over 40 million 3D-capable displays by 2014. The results were published in Insight Media’s groundbreaking 2009 Stereoscopic 3D Gaming Report: A Comprehensive Analysis of S-3D Technology for Gaming.

The following updates were discussed with the company’s CEO, Curt Thornton featuring his remarks in quotations.

1.       8k, Circle K, and the logistics of the roll out; “Current planned roll out is an operations test of up to 5 store locations, located in LA, to check out connectivity, communication, installation, aesthetics, and store logistics with local management.  Once completed, the roll out of approximately 500 stores on an agreed upon schedule in the western region of the US.” noted Curt Thornton.

2.       Planned financing for the Circle K project; “The company has unfunded commitment to finance the project roll out of circle k; details will be announced when completed.” he added.

3.       Institutional Financing progress; “The company has two unfunded commitments for financing of up to $10 million, and is in the process of documentation.  Details will be announced when completed.”

4.       Signed contract in gaming market; “Plans and activities; the company has signed a one year agreement with a top tier gaming company to develop the future generation of slot machines.”

5.       Launch of LA grocery store 3D network; “Advertisers pending; the company is readying to launch its first 25 3DEO Rewards Centers into the LA market during this Q2.  Working with the independent chain, KV Mart, Provision will be deploying their 3D screens at/near the front door of these Hispanic grocery stores.  Advertising is currently being sold directly by Provision and through several strategic partners.  As advertisers purchase advertising, Provision will be announcing them throughout the year.”

6.       Ready to announce signed contact with NY agency; “Provision is readying the announcement of a major contract with a media agency, based in NYC, to assist PVHO in selling the advertising across the Hispanic Grocery Network being launched in the LA area.”

7.       Digital Signage Expo in Las Vegas this week; “PVHO will be sharing its technology at the annual Digital Signage Expo and Self Service Expo in Las Vegas this week.  Provision’s 3D rewards center will be featured in the Flextronics booth at the event.”

8.       Upcoming Intel Conference speaking engagement; “PVHO CEO, Curt Thornton, will be speaking at the upcoming Intel Capital Conference to be held at Intel corporate headquarters later in April; sharing their story of 3D software platform and their 3D hardware going into the retail marketplace.”

To better understand the company, we recommend you read the past reports here:

http://www.themarketfinancial.com/provision-confirms-further-contract-talks-new-business-strategies/1533

http://www.themarketfinancial.com/provision-holding-conference-call-to-be-released-on-30110/1525

http://www.themarketfinancial.com/conference-call-announced-on-29110-for-provision-regarding-important-company-updates/1506

http://www.themarketfinancial.com/conference-call-provision-aims-to-establish-3d-digital-out-of-home-advertising/925

http://www.themarketfinancial.com/provision-interactive-set-to-revolutionize-the-billion-dollar-advertising-market-otcpvho-ob/832

ProVision Holding, Inc. (ProVision) is focused on the development and distribution of its three-dimensional (3D), holographic interactive video displays focused at grabbing and holding consumer attention particularly and initially in the advertising and product merchandising markets. The systems display a moving 3D image size to forty inches in front of the display, projecting a digital video image out into space detached from any screen, rendering truly independent floating images featuring high definition and crisp visibility from far distances. The nearest comparable to this technology can be seen in motion pictures, such as Star Wars and Minority Report, where objects and humans are represented through full-motion holograms. In addition to selling the hardware for its patented three-dimensional, holographic interactive video displays, The Company is building its business into a digital media company offering advertising on a network of its 3D holographic video displays.

The following is a list of highly touted movies which will all be featured in  3D for 2010 and beyond.
Fall 2010 Sanctum
Fall 2010 Alice in Wonderland
March 5, 2010 Hubble 3D
March 19, 2010 How to Train Your Dragon
March 26, 2010 Clash of the Titans
April 1, 2010 Kenny Chesney: Summer in 3D
April 21, 2010 Shrek Forever After
May 21, 2010 Toy Story 3
June 18, 2010 Despicable Me
July 9, 2010 Cats & Dogs: the Revenge of Kitty Galore
July 30, 2010 Step Up 3D
August 6, 2010 Piranha 3-D
August 27, 2010 Legend of the Guardians
September 24, 2010 Alpha and Omega
October 1, 2010 Jackass 3D
October 15, 2010 Saw VII
October 22, 2010 MegaMind
November 5, 2010 Tangled
November 12, 2010 Harry Potter and the Deathly Hallows: Part 1
November 19, 2010 Yogi Bear
December 17, 2010 Tron Legacy
December 17, 2010 Beauty and the Beast
2011 A Monster in Paris
2011 The Cabin in the Woods
January 14, 2011 Resident Evil: Afterlife
January 14, 2011 Priest
January 14, 2011 Drive Angry
February 11, 2011 Sucker Punch!
March 25, 2011 Rio
April 8, 2011 Kung Fu Panda: the Kaboom of Doom
June 3, 2011 The Green Lantern
June 17, 2011 Cars 2
June 24, 2011 Harry Potter and the Deathly Hallows: Part 2
July 15, 2011 Smurfs 3D
August 3, 2011 Spy Kids 4: All the Time in the World
August 19, 2011 Puss in Boots
November 4, 2011 Arthur Christmas
November 11, 2011 Happy Feet 2 in 3D
November 18, 2011 Bear and the Bow
December 2011 Alvin and the Chipmunks 3D
December 16, 2011 The Adventures of Tintin: Secret of theUnicorn
December 23, 2011 Godzilla NEW!
2012 Stretch Armstrong
2012 Newt
Summer 2012 Hotel Transylvania
February 17, 2012 The Croods
March 30, 2012 Madagascar 3
May 18, 2012 Untitled Spider-man Reboot
July 3, 2012 The Guardians
November 2, 2012

Company Revenue Model
Provision partners with retailers in a revenue sharing arrangement whereby Provision provides the hardware and advertising sales support in exchange for attractive placement near points of purchase. Current signed contracts for over 1,000 retail locations utilizing Provision’s proprietary hardware platform require funding. These contracts have an associated recurring revenue backlog of ~$50 million per year. A strong pipeline of over 5,000 retail locations would deliver an additional ~$150 million in recurring revenue with a gross profit margin of ~65% and an operating margin ~30%.

~$50M + ~$150M = ~$200M.

~30% of ~200M = ~$60M earnings {absent of any other major expenses}

Let’s just say by that time {~$200M in recurring revenues} that ~30M more shares were issued giving an OS figure of ~60M

~$60M in earnings / by ~60M shares = ~$1 EPS {earnings per share}

Multiply the ~$1 EPS by ~25 {P/E ratio of ~25} = ~$25 PPS {price per share}

Notes / Convertible Debt Coming To An End

Convertible Debt

During October through November, 2009, the Company received $75,000 proceeds from the issuance of convertible notes payable. The convertible notes bear interest at 10%, are due fifteen months from the date of issuance and have a conversion price of $0.50. In connection with the convertible notes, the Company issued 150,000 warrants to the note holders with an exercise price of $0.50.

Promissory Notes

During November, 2009, the Company received $30,000 proceeds from the issuance of promissory notes payable. In connection with the issuance of the promissory notes, the Company will issue 500,000 shares of common stock to the holders of these notes as additional consideration for prior financial advisory services, consulting services, and introductory services provided to the Company. The promissory notes bear interest at 10% and mature in April 2010. The promissory notes are secured by two of the Company’s 3DEO kiosks. In connection with the issuance of the promissory notes, the Company will issue 500,000 shares of common stock to the holders of these notes.

More developments to come…

Disclosure: Long PVHO

TheMarketFinancial is not paid, compensated or in any way incentivized to report news and developments about publicly traded companies, unless otherwise stated.

(Public, OTC:PVHO.OB)

As of 12/11/09, TheMarketFinancial.com conducted a scheduled conference call interview with President and CEO of Provision Interactive Technologies Inc., Mr. Curt Thornton. The basis of the interview was to provide an executive summary, along with the respective business strategy, while touching on advertising, marketing, and distribution campaigns. The interview captured the essence of the company, discussing market potential and growth, in-depth look at their 3DEO platform, collaborations, balance sheet concerns, revenue projections, potential acquisitions of the company by major players. For a full company profile, visit here.

About Provision Interactive Technologies Inc.

Provision Interactive Technologies, Inc. (”Provision”) develops 3D interactive display technologies for a wide array of market channels. The futuristic nature of Provision has created several early commercial applications. The Company’s initial line of display systems has proven to be ideally suited for indoor and outdoor point-of-sale, merchandising and point of sale related advertising venues. Provision is currently the market leader in true 3D consumer advertising display products being implemented by leading consumer focused Fortune 1000 companies. The interactive display technologies deliver images that engage and inform customers at point of sale and in-store advertising locations in a dramatic and persuasive manner, thereby influencing customers in their purchase-making decisions.

The exclusive interview:

If you are experiencing technical difficulties, please visit this link. You will be taken to the original source of the mp3 file where your automatic preset media player should make the file play.

Disclosure: Long PVHO

By reading TheMarketFinacial company profiles you agree to the disclaimer, and thereby will not hold the staff and authors  accountable for any transactions or decisions you make. It is up to you to do your own due diligence.

TheMarketFinancial  has been compensated 300,000 common shares for a three month investor relations contract by Provision Interactive Technologies Inc.

Provision Interactive Technologies Inc.

(Public, OTC:PVHO.OB)

MiV Investments Inc. has initiated an independent research report on Provision Holding Inc. Starting with the traditional wall paintings traced back from Indian rock art dating back to 4000 BC, out-of-home advertisements and billboards have dominated the main stream media, thus affecting the public’s opinions and buying habits for ages. Throughout the years, colours, images, logo designs and even programs used to generate these ads have continued to improve, yet one variable remained constant: The fact that they were, and always have been displaced in 2D. There have been advancements in technology, medicine, and science, and now, it’s time to introduce the next revolutionary innovation — 3D holographic, tactile advertising. Provision has set foot to make what once seemed impossible, possible. Movies and computer generated graphics will no longer be the only way to experience this amazing new technology. The future is here, now. Advertising has developed into a billion-dollar business. In 2006, 391 billion US dollars were spent worldwide for advertising. Driven by the waxing popularity of out-of-home lifestyles, and the ensuing effectiveness of outdoor media, the world market for outdoor advertising is projected to reach US$30.4 billion by the year 2010, meanwhile, in-store advertising accounts for just over 15 billion dollars.

Miv Investments Inc. has also confirmed a conference call with CEO, Curt Thornton, which is tentative for either 12/8/09, or 12/9/09 where a number of issues that have been raised by both institutional and private investors will be undertaken and answered. Questions may involving the following topics: debt-to-equity, revenue models, expected partnerships and deals, potential expos, gathered market data and effectiveness, competitor analysis to name a few. There are currently no financial news portals or promoters that MiV is aware of covering the company, therefore the potential could be extremely favourable given that external players foresee the short-term and long-term benefits. Provision looks set to begin generating revenues, ink partnerships and break new ground within the advertising industry throughout 2010.

About Provision Interactive Technologies Inc.

Provision Interactive Technologies, Inc. (“Provision”) develops 3D interactive display technologies for a wide array of market channels. The futuristic nature of Provision has created several early commercial applications. The Company’s initial line of display systems has proven to be ideally suited for indoor and outdoor point-of-sale, merchandising and point of sale related advertising venues. Provision is currently the market leader in true 3D consumer advertising display products being implemented by leading consumer focused Fortune 1000 companies. The interactive display technologies deliver images that engage and inform customers at point of sale and in-store advertising locations in a dramatic and persuasive manner, thereby influencing customers in their purchase-making decisions.

Investor Package

MiV Investments Inc. has taken the time and effort to put together a complete  investor’s package which contains a large number of informative items regarding the company.

The file can be download by clicking either the image, or visiting here: PVHO Investor’s Package (.rar) (~17MB)

Contains: Quarterly Reports, News, Company Updates, Market Data, Industry News

Required Programs: Adobe Acrobat Reader (.pdf), and Microsoft Word (.doc)

Number of Items: 50

Products

3DEO Rewards Center Dual Station

Features

• One 40” 3D holographic screen projects images out to 3 ft.

• Two 17” touch screens for Customer Interface

• Two Coupon Printers, 2 ¼” wide, thermal paper o Print coupons, rewards and promotions inside retail locations on demand

• PC-based; network ready (DSL/Ethernet/Wireless) – uploading, downloading, programming • Speakers and audio system compliment visual merchandising

• Free standing – ADA compliant • Keyed access for security and maintenance

• 120V, 60 Hz. – Standard • Height 76”; Base 22” diameter without plate; Width 38”; Depth 31” • Color determined by retailer

3DEO Rewards Center Single Station

Features

• One 17” 3D holographic screen projects images out to 12 inches

• One 17” touch screen for Customer Interface

• One Coupon Printer, 2 ¼” wide, thermal paper o Print coupons, rewards and promotions inside retail locations on demand

• PC-based; network ready (DSL/Ethernet/Wireless) – uploading, downloading, programming

• Speakers and audio system compliment visual merchandising • Free standing – ADA compliant • Keyed access for security and maintenance

• 120V, 60 Hz. – Standard • Height 66”; Base 21” wide; Depth 28” • Color determined by retailer

Holo Product Specifications Diamond Series

Features

• All products come standard with a universal power supply: 115-220 VAC, 50-60 Hz, 2A.

• All products come as a standard black. Optional customized colors, covers and facades are available.

• Field of Vision – the area in which the projected 3D image is visible.

• Image Size – the viewable size of the 3D image.

• Viewing Distance – the distance from Holo display that is most advantageous for viewing the projected 3D image.

• Focal Length – the distance the 3D image appears to float in front of Holo display.

• Specifications are subject to change without notice.

Holo Product Specifications C Series

Features

• All products come standard with a universal power supply: 115-220 VAC, 50-60 Hz, 2A.

• All products come as a standard black chassis. Optional customized covers and facades are available.

• Field of Vision – the area in which the projected 3D image is visible.

• Image Size – the viewable size of the 3D image.

• Viewing Distance – the distance from Holo display that is most advantageous for viewing the projected 3D image.

• Focal Length – the distance the 3D image appears to float in front of Holo display.

• Specifications are subject to change without notice. UL/CE on HL17 only

Holo Product Specifications – T Series

Features

• All products come standard with a universal power supply: 115-220 VAC, 50-60 Hz, 2A.

• All products come as a standard black chassis. Optional customized covers and facades are available.

• Field of Vision – the area in which the projected 3D image is visible.

• Image Size – the viewable size of the 3D image.

• Viewing Distance – the distance from Holo display that is most advantageous for viewing the projected 3D image.

• Focal Length – the distance the 3D image appears to float in front of Holo display.

• Specifications are subject to change without notice. Holo

Product Specification – Mini Diamond

Features

• All products come standard with a universal power supply: 115-220 VAC, 50-60 Hz, 2A.

• All products come as a standard black chassis. Optional customized covers and facades are available.

• Field of Vision – the area in which the projected 3D image is visible.

• Image Size – the viewable size of the 3D image.

• Viewing Distance – the distance from Holo display that is most advantageous for viewing the projected 3D image.

• Focal Length – the distance the 3D image appears to float in front of Holo display.

• Specifications are subject to change without notice.

Videos on Product Usage

The following videos have been attained via the company’s youtube channel here, http://www.youtube.com/user/Provision3D

Advantages

Results from a recent deployment of 3DEO in 27 stores indicate that, as compared to traditional 2D flat panel:

--  Five times as many consumers noticed Provision's 3D display
--  57% of consumers recalled the brand being displayed on 3DEO versus 24%
    for 2D flat panels
--  Sales increased by up to 46%
--  Coupon Redemption increased by up to 800% over industry standards

Partnerships

Business Development

*Information via 23/11/09 10-Q

Launching our first products into grocery stores, we have developed a new patent pending application. Known as the “3DEO Rewards Center” or “3DEO”, this ProVision device, also described as a kiosk or terminal, projects 3D video advertisements, promotions, and public service announcements; and allows consumers to print coupons as well as receive non-cash awards like sweepstakes. The 3DEO Rewards Center provides consumer product good (“CPG”) companies, along with other brands, marketers and advertisers with a new way of promoting their products at the point of purchase, where consumers are making seventy percent of their buying decisions.

We tested our concept in Fred Meyer Stores, a division of The Kroger, Co., installing 3DEO Centers in the Pacific Northwest. We received advertising placements from some of the largest manufacturers in the country, including Unilever, Proctor & Gamble, Johnson & Johnson, BIC and Kimberly Clark. The manufacturers’ will advertise through digital coupons that customers will receive from Provision’s 3DEO Media Centers.

In August 2009, the Company announced an extremely successful market test with Unisys Japan, and its Japanese distribution partner. As reported by Unisys, Provision’s 3DEO program resulted in “uncountable eye-catches “from various industries as the next generation of 3D digital signage.” Earlier in the year, Provision was named as one of the Top 10 companies at Infocomm 2009 as a significant technology trend of the year. Provision was also honored by digital media giant, Scala, for the “most innovative installation” in 2008.

During 2009, Provision announced the addition of former Apple CEO and current AT&T Director, Gil Amelio, to their Advisory Board. Additionally, Digital Media Industry executive, Lyle Bunn, was also named to Provision’s Advisory Board. Both of these additions have given the Company significant additional credibility in business, technology, and the digital media market.

We made two key announcements introducing Provision’s strategic alliances and partnerships with IBM, Microsoft, and Intel. As an Intel Capital portfolio company, Provision’s CEO, Curt Thornton, was invited to speak at the CEO forum held both in 2008 and 2009, sharing the Company’s 3D holographic product line, market launch, and company strategy to over 200 global CEO’s in attendance.

We plan to build, own, and operate networks of 3DEO Rewards Centers. In March 2008 we signed three-year agreements with several independent Hispanic grocery store chains to install 3DEO Reward Centers in 47 locations in southern California. In September 2008, we signed an agreement with the Long Island Gasoline Retailers Association (“LIGRA”) to install its patented 3D holographic displays in up to 800 member stores throughout New York. Provision’s displays will be located inside the independent convenience stores of major franchise gasoline retailers including Shell, ExxonMobil, Citgo, Sunoco, BP, Amoco and Gulf. As of September 30, 2009 the Company has announced a total of 1086 retail locations with signed contracts, with additional retail locations pending announcement.

We signed a five-year agreement with ADCENTRICITY, Inc. to sell advertising on our digital signage network. We also signed a letter of intent with LocalAdLink to support our local and regional advertising sales.

We will require significant additional funds to complete our business development. We cannot be certain that funding will be available on acceptable terms, or at all. To the extent that we raise additional funds by issuing equity securities, our stockholders may experience significant dilution. Any debt financing, if available, may involve restrictive covenants that impact our ability to conduct our business. If we are unable to raise additional capital on acceptable terms, or at all, we may have to significantly delay, scale back or discontinue the development and/or commercialization of one or more of our product candidates, restrict our operations or obtain funds by entering into agreements on unattractive terms.

We have a limited operating history upon which an investor can evaluate our business prospects, which makes it difficult to forecast our future operating results, in light of the risks, uncertainties and problems frequently encountered by companies with limited operating histories. These include, but are not limited to, competition, the need to develop customers and market expertise, market conditions, sales, and marketing and governmental regulation.

Advertisers

Brand awareness – the Holy Grail of advertising. The true measure of success of an advertising campaign is validated by wide-spread recognition of the brand’s identity. Achieving that level of success comes from establishing and retaining control of the surroundings chosen to promote the messaging. Thanks to Provision’s leading-edge 3D holographic technology, advertisers now have unprecedented control over their marketing environment. Their 3D holographic systems enable consumers to see and hear all of your advertising, ensuring your messages will reach your target audience, essentially eliminating ad avoidance and partial messaging concerns. Provision’s proprietary 3D holographic display technologies afford advertisers unmatched ability to direct customized content to a target audience. Our innovative 3D digital video systems empower advertisers to increase brand awareness and influence consumers’ buying behavior by having them interact with products that are literally within arm’s reach of messaging. Provision’s interactive 3D holographic displays represent a quantum leap in effective retail advertising, combining sight, sound, and even smell to powerfully engage consumers at THEIR most CRUCIAL POINT OF DECISION MAKING. Through Provision’s state-of-the-art, interactive 3D holographic displays, advertisers can engage shoppers and enhance their in-store experience through targeted and effective messaging that creates demand through sensory awareness.

Technical Analysis

From a short-term perspective, the chart and stochastics provide a highly bullish sentiment. Back on 11/16/09, the 50MA and 200MA engaged in a golden cross, which is generally seen as one of the most bullish short-term technical indicators signalling an up-trend and a new support at the $0.175 price per share level. There also seems to be heavy buying pressure which has started during early November, and seems to have carried over, and increased into December maintaining this bullish run. This could be an indication of potentially pending news awaiting to go public, or investors feeling that the new year will bring renewed interest in the company. The RSI seems to have reached the top level at 70, where it is maintaining a strong support.

When looking at the long-term view, once quickly notices the significance of the resistances and the supports. Throughout this year, 0.3 has remained the significant, and pivotal point which needs to be broken in order to send the stock to a higher level. Back in January it tried, and failed, and it is now being tested once again, with even higher volume and buying pressure, in fact nearly double that in the last few days. The low $0.2s will continue to be the strong support level of the stock until it can maintain a healthy resistance at the $0.3 level and thus allowing it to push onwards towards the $0.4, $0.5 possible price per share levels. Volume and news will play a key  role in the re-emergence of the company’s stock during 2010. Should the company see a positive turn in the balance sheet, increased revenues and partnerships, the $1.50 can be easily reached once again. MACD and EMA have also entered into positive territory, paving the way for a bullish sentiment.

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Disclosure: Long PVHO

By reading MiV Investments Inc. company profiles you agree to the disclaimer, and thereby will not hold Michael Vlaicu accountable for any transactions or decisions you make. It is up to you to do your own due diligence.

MiV Investments Inc. has been compensated 300,000 common shares for a three month investor relations contract by Provision Interactive Technologies Inc.