Allstocks.com's Bulletin Board Post New Topic  New Poll  Post A Reply
my profile login | register | search | faq | forum home

  next oldest topic   next newest topic
» Allstocks.com's Bulletin Board » Hot Stocks Free for All ! » VMHVF acquires DVDMARKETPLACE.COM

 - UBBFriend: Email this page to someone!    
Author Topic: VMHVF acquires DVDMARKETPLACE.COM
subbywrx
Member


Member Rated:
4
Icon 1 posted      Profile for subbywrx     Send New Private Message       Edit/Delete Post   Reply With Quote 
Some good news this afternoon about Video Movie House that should bump this baby up nice!


VMH VideoMovieHouse.com Signs Memorandum of Understanding to Acquire DVD Marketplace.com

VANCOUVER, British Columbia, Sept. 15, 2005 (PRIMEZONE) -- Steve Gaspar, President of VMH VideoMovieHouse.com (OTCBB:VMHVF), is pleased to announce that VideoMovieHouse.com has signed a Memorandum of Understanding to acquire the assets and business of DVD Marketplace.com, (www.dvdmarketplace.com) an established online DVD retailer offering entertainment products for sale from third party merchants in the USA.

According to Mr. Gaspar, "With this acquisition, VMH will be able to attract third party sellers looking for exposure to its worldwide on-line customer base. DVD Marketplace.com's platform is sophisticated, user friendly and easy to navigate, with a proven order processing and payment system."

The existing system has the capacity to be expanded to offer other goods and services from third party merchants worldwide, similar to Amazon.com in the USA and Rediff.com in India.

Through its websites www.videomoviehouse.com and www.videomoviehouse.in (India) the company sells and rents DVDs online worldwide. In 2005, overall product sales exceeded US $3.6 million, and are expected to continue to grow at a rapid pace. VMHVF recently entered the online DVD rental market, an area that has seen significant success by Netflix. More expansion is in the works, as VMHVF is formulating plans for an IPO to help accelerate its growth through acquisitions, mergers and possible takeovers.

--------------------
-Subbywrx
(VMHVF UCSY GRYF NEXH)

[ September 15, 2005, 14:44: Message edited by: subbywrx ]

--------------------
-SUBBYWRX-
Key to success -> Buy low sell high. Don't chase!

Posts: 182 | From: New Jersey | Registered: Apr 2005  |  IP: Logged | Report this post to a Moderator
HitMe101
Member


Rate Member
Icon 1 posted      Profile for HitMe101     Send New Private Message       Edit/Delete Post   Reply With Quote 
More great News,other boards are starting to talk about this more also.Look at all the positive News with this company.Also recently moved to OTC.


http://finance.yahoo.com/q?s=VMHVF.OB

--------------------
Greedy Because I'm Broke!!

Posts: 2093 | From: Leaving Your House | Registered: Apr 2004  |  IP: Logged | Report this post to a Moderator
   

Quick Reply
Message:

HTML is not enabled.
UBB Code™ is enabled.

Instant Graemlins
   


Post New Topic  New Poll  Post A Reply Close Topic   Feature Topic   Move Topic   Delete Topic next oldest topic   next newest topic
 - Printer-friendly view of this topic
Hop To:


Contact Us | Allstocks.com Message Board Home

© 1997 - 2021 Allstocks.com. All rights reserved.

Powered by Infopop Corporation
UBB.classic™ 6.7.2

Share