Intel Corporation (NASDAQ:INTC) could sent the share prices of Provision Holdings Inc (OTCMKTS:PVHO) in a frenzy in today’s session and thereafter. Intel Corporation (NASDAQ:INTC), in a recent solution briefing entitled ““Tomorrow’s Digital Signage, Today with 3D Holographic Kiosks”, announced that Intel technologies and Provision 3D holographic kiosks lead to more focused campaigns and higher sales for consumer brands and retailers. Provision’s patented and award-winning 3D holographic display has garnered huge attention from retail stores and their customers.
The 3D holographic display projects videos in front of the screen without the need for any special glasses and without any discomforting eye stress. Currently, trading at $0.085, today’s news announcement could provide significant boost for Provision Holdings Inc (OTCMKTS:PVHO ). The company is back in profit as a direct result of higher gross profit and a gain on the forgiveness of debt partially offset by higher expenses due to increased business activities. PVHO has made great strides on the revenue front. In the third quarter, total revenues were $1.17 million compared to $49 thousand for the similar quarter last year. The Company also reported a net profit of $82 thousand for the quarter ended September 30, 2015, compared to a net loss of $321 thousand for the same period last year.
It would be interesting to see if today’s news with Intel Corporation (NASDAQ:INTC) grabs attention from traders and investors. Provision Holdings Inc (OTCMKTS:PVHO) could very well beat the likes of today’s pre-market gainers such as Akamai Technologies, Inc.(NASDAQ:AKAM), Prospect Capital Corporation (NASDAQ:PSEC) and Chesapeake Energy Corporation (NYSE:CHK). Traders and Investors are strongly encouraged to take notice on PVHO.
