Videomoviehouse.com, Inc. (VMHVF) is a rising star in the VHS and DVD movie Internet sales and online subscription rental markets. The company sells and rents video DVD's through it web site www.videomoviehouse.com, and also is one of the largest video retailers on Amazon.com, Ebay.com, and Half.com.
1.Largest 3rd party DVD seller on Amazon.com, Ebay and Half.com
2.More than 60,000 DVD titles in their catalog and still growing.
3.Recently announced its entrance into the 8 Billion dollar DVD rental market offering online DVD rental services similar to NetFlix and Blockbuster Video.
4.Announced an Affiliate Program in July targeted at fund raising organizations. The company is busy signing up new affiliates who are in turn signing up new VMH online DVD rental subscribers. As their affiliate program grows, so will their online DVD video rental business.
5.One of the largest Canadian DVD resellers and has goal to be #1 in Canada in online DVD rentals very soon, a market where NetFlix and Blockbuster do not play.
6. A significant portion of their DVD sales revenue is for international sales. They sell a lot of DVD in the UK, and have recently announced a new web site VideoMovieHouse.in which is targeted at DVD sales in India. The Indian market is largely english speaking and has very few options to purchase US movies. VideoMovieHouse.in sells US movies which it ships to Indian customers and they can make their purchases using the Rupee currency.
7.VideoMovieHouse.com recently signed an MOU to acquire DVD Marketplace.com, an established online DVD retailer. This acquisition provide both a web business as well as a flexible software e-commerce platform for the creation of other online retail sites with strong support for 3rd party merchants. This is a software platform that can allow the company to open many different web sites targeting various vertical markets, countries, languages and currencies. It is much like Amazon's software platform in that it is built to allow third party vendors to sell all types of products through the platform. Web sites that could be built from this could include sites that feature everything from electronics, to books, to appliances, to entertainment offerings, and more.
8. The company's earnings are due out today and the company has already stated that they expect to announce revenues of more than $3.6M for their last fiscal year, up between 250% to 300% year over year. Recently Steven Gaspar, CEO stated that "He expects that type of growth to continue in the new fiscal year plus incremental revenues from new business ventures that they have been building in the last several months."
PUBLISHER NOTE ON VMHVF:
The company is actively working on numerous exciting new business opportunities. We know for sure that there will be many new announcements in the coming weeks and months so keep VMHVF on your watch list and stock alerts list so you can be the first to get the news as it comes out. Some great things are in store for VMHVF in the next year so buy a few shares and enjoy the ride.