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TechStockReview.com: Opening Bell Report & Alerts Monday, August 29 VMHVF, PLKC, IGTN, ISON
Aug 29, 2005 (M2 PRESSWIRE via COMTEX) -- Arlington, Texas, Monday, August 29: Videomoviehouse.com Inc. (OTCBB: VMHVF) Reached Over the 30-day Mark Saturday Since Trading Began on the Over The Counter Bulletin Board, PlanetLink's (OTCBB: PLKC) TransTRAK Device Featured In AMSA's Magazine 'Direction', Ingen Technologies (OTC: IGTN) Considers Acquisition, and Isonics Corp. (OTCBB: ISON) Announced August 26, 2005, $4.8 Million in Multiple Contract Awards for Protection Plus Subsidiary and Cambrex to Present at Thomas Weisel Partners' Healthcare Tailwinds 2005 Conference. For information on featuring a stock on www.TechStockReview.com please e-mail: editor@techstockreview.com
Videomoviehouse.com Inc. (VMHVF), an innovative online DVD sales and rental company announced July 27, 2005 that it had been approved by the NASD for trading on the Over the Counter Bulletin Board. The effective date was July 28, 2005. Therefore, the 30-day mark was reached on Saturday, August 27, 2005.
Videomoviehouse.com Inc., through its website www.videomoviehouse.com, sells and rents DVDs to both U.S. and Canadian residents. Customers are able to rent as many DVDs as they can watch for a flat monthly fee of $17.99 per month without having to worry about paying late fees. The company has an existing database of over 200,000 customers from DVD sales. By offering a truly one-stop shopping experience, the online customer will have the option to either buy or rent a DVD at anytime. With both options together on one site, the company expects to see increased traffic and sales in both divisions. The company currently has 37,000 unique titles in its movie database.
Publisher's Note:
I don't usually go too far out on a limb to recommend stocks, but this is my favorite stock pick right now. Once the company's affiliate program kicks into gear, their subscription rates will start to soar as will their revenue. Company expects to announce revenues between $3.5M to $4M for fiscal year in the next few weeks. I expect their revenues to be 4x to 5x that next year or maybe more. Rumor has it that company may be looking at online entertainment acquisition targets which could also quickly add to their revenue stream. Company is one of the biggest online DVD sellers on Amazon.com, Ebay, and Half.com. Their goal is to be #1 in Canada before end of 2005, and within next 12 months be #3 in US behind NetFlix and Blockbuster in online DVD rental market. They have publicly stated that their goal is to have 1 million DVD rental subscribers by June 2006. At $17.99 per month, you do the math. At this per share price I would seriously recommend stashing away some shares of this stock as a long term play. I seriously doubt that you will be sorry. I can see this moving to $2+ per share or more in next 12 months. On this one I feel comfortable being way out on the limb! Don't look back in 12 months and say to yourself, "I wish I'd have picked up X thousand shares when it was at $.12!"
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