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If thats the case then I wish this article would have waited for the new web site. By who knows, maybe it won't matter?
Either way, Monday looks great!
quote:Originally posted by m_h13021: It is just too coincidental the rise in traffic comes after the web article. I mean it very well could be traffic driven from the Billboard article. Testing the site, this is why they have the domain dev-veegeez.com. What would the benefit of testing the old website determine? I understand people are speaking about testing traffic, but why would they use the old layout?
I truly believe, it very well could be traffic from curious readers of the Billboard article. Yahoo, Reuters, and a few other have the article. Would this be too far out there to think this could be the case, I personally don't think so. - Marty
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Yeah, I tend to agree with you one this one. No way #'s go up and down that fast on potential investors. Had to be testing. We're getting closer. I'm guess this week but that's just a guess.
quote:Originally posted by m_h13021: Yes, that was the point of my previous post. There very well can be work going on in the back-end of things. We see it in the stats. -
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New Entry in Online Vid Race Sat Jan 24, 4:06 PM ET Add Movies - Reuters to My Yahoo!
By Jill Kipnis
LOS ANGELES (Billboard) - There's a new kid on the block in the online video rental world.
Gameznflix.com, owned by Franklin, Ky.-based holding company Point Group Holdings Inc. (PGHI), is launching next month with an offering of DVDs and videogames.
The service's business model is similar to that of Netflix, the leading online rental company based in Los Gatos, Calif. Users will pay a monthly subscription fee that enables them to receive DVDs or games through the mail. After a subscriber returns a title in an envelope with prepaid postage provided by gameznflix.com, another title from the rental selection list they have created is sent.
"This is a long-term project that will offer an alternative to Netflix," says John Fleming, CEO/president of PGHI. "We will crawl, then we will walk and then we will see about running into the future."
Netflix ended 2003 with about 1.5 million subscribers, a 74% increase over 2002.
Fleming says that the availability of videogames will differentiate gameznflix.com from such competitors as Netflix and walmart.com, which offer only DVDs.
A Netflix representative could not be reached for comment by press time.
PGHI already has established an online videogame rental service through its 18-month-old Web site veegeez.com, which will be incorporated into gameznflix.com next month. Fleming would not disclose how many subscribers use veegeez.com.
It currently distributes veegeez.com orders through centers in San Diego and Franklin. Fleming says two more distribution centers will open soon.
At launch, gameznflix.com will offer about 50 top DVDs and a full stock of videogames. According to Fleming, 99% of published videogames, including such older titles as "Pong," will be available for rent.
"It costs $50 to buy a game. The gamer beats the game or likes it or dislikes it and is over it in about two weeks and three days," Fleming says. "Now, they can rent it for $20 a month."
Fleming would not disclose what the monthly subscription fee for gameznflix.com will be, though its veegeez.com offers plans that range from $19.95 to $39.95. For example, the $19.95 plan allows users to have two titles rented at a time, while a $29.95 plan allows four rentals at a time.
Reuters/Billboard
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WOW! Just got back from up by Yosemite. Went and played in the snowy areas
Read all the new posts and I am so happy with what I have seen. I already know our potential... but to read the new articles that talk about us as the, "new kid on the block" is GREAT! We are getting our exposure. And more hubs/distribution centers to be opened soon... along with the 50 top DVD's for rent... and video games... DAMN this is all to the good!
These simple fonts cannot express my faith and happiness enough with PGHI.
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Just saw a commercial for Netflix on CBS. It was very interesting. Anyone else see it. I have not seen one before, pretty big on network tv.
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Hey if you look at the SEC filing Veegeez had $80K in subscription revenue for the 9 months ending Sept 30th...now if you figure every sub pays 20 per month over that period that means that each sub should pay approx $180 over that span...$80,000/$180= about 450subs...now this number might have been lower at the begin of the yr and higher towards the end to get this revenue but this prob is a good ballpark estimate, at least i doubt it was above 5-600 by Sept 30th. i dont know a ton about this stuff but it makes sense to me...GLTA!
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I'd say that we have about 1000-1200 subs at this point and with the new site, article, name change, and introduction of DVD's, we will probably see 10,000 to 50,000 within a month or two. JMHO of course!
GLTA!
quote:Originally posted by Drethar2: Hey if you look at the SEC filing Veegeez had $80K in subscription revenue for the 9 months ending Sept 30th...now if you figure every sub pays 20 per month over that period that means that each sub should pay approx $180 over that span...$80,000/$180= about 450subs...now this number might have been lower at the begin of the yr and higher towards the end to get this revenue but this prob is a good ballpark estimate, at least i doubt it was above 5-600 by Sept 30th. i dont know a ton about this stuff but it makes sense to me...GLTA!
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If they had about 450-500 subs by Sept 2003, I don't see why we couldn't have 1000-1200 four months later. I mean yeah it's ugly but I've been using the service since 3 months ago and it's top notch!
With the new site and all the goodies to come, I expect at least a 500% to 1000% increase in the subs very quickly!
quote:Originally posted by Drethar2: You think its grown that much even with the crappy site tommy? If so 10-20K may not be off by spring!
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I believe this is indeed a very good wy to count. I would say about 450 customers at the end of September. John also told me that the grow rate was about 25 to 30% over the last months... So let us count
September 450 Oktober 562 November 700 December 875 January 1093
I believe this to be pretty accurate.
5000 customers should be possible within a couple of months. Certainly with the new site and merketing coming.
pres
quote:Originally posted by Drethar2: Hey if you look at the SEC filing Veegeez had $80K in subscription revenue for the 9 months ending Sept 30th...now if you figure every sub pays 20 per month over that period that means that each sub should pay approx $180 over that span...$80,000/$180= about 450subs...now this number might have been lower at the begin of the yr and higher towards the end to get this revenue but this prob is a good ballpark estimate, at least i doubt it was above 5-600 by Sept 30th. i dont know a ton about this stuff but it makes sense to me...GLTA!
quote:Originally posted by presumptuous: I believe this is indeed a very good way to count. I would say about 450 customers at the end of September. John also told me that the grow rate was about 25 to 30% over the last months... So let us count
September 450 Oktober 562 November 700 December 875 January 1093
I believe this to be pretty accurate.
5000 customers should be possible within a couple of months. Certainly with the new site and marketing coming.
quote:Originally posted by presumptuous: I believe this is indeed a very good wy to count. I would say about 450 customers at the end of September. John also told me that the grow rate was about 25 to 30% over the last months... So let us count
September 450 Oktober 562 November 700 December 875 January 1093
I believe this to be pretty accurate.
5000 customers should be possible within a couple of months. Certainly with the new site and merketing coming.
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Well true, 5,000 subs would give us $100,000 revenue per month, not bad at all. Let's see how it's all played out!
GLTA!
quote:Originally posted by presumptuous: 50 000, maybe by years end. For now, I would be very happy with 5000 by the end of March... Just being conservative :-)
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I'm a college student at UC Davis and have several of my friends at various UCs, Privates and States around California all invested in PGHI. When the new site comes out, we're planning on posting several hundreds of flyers throughout our campuses to promote the site.
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That is what we need: pro-active shareholders. We can build PGHI too...
pres
quote:Originally posted by mistikal07: I'm a college student at UC Davis and have several of my friends at various UCs, Privates and States around California all invested in PGHI. When the new site comes out, we're planning on posting several hundreds of flyers throughout our campuses to promote the site.
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This answers the question "why does a public company has an advantage over a private one."
With our help, Veegeez will beat Gamefly very quickly!
GLTA!
quote:Originally posted by mistikal07: I'm a college student at UC Davis and have several of my friends at various UCs, Privates and States around California all invested in PGHI. When the new site comes out, we're planning on posting several hundreds of flyers throughout our campuses to promote the site.
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As soon as I get back from running some errands I'm signin up for VeeGeez! Perfect example of why is... rented a couple games from BlockBuster last weekend, 7 day rentals, totally forgot about them and they were due at noon today!!!
I'm gonna have 10$ worth of late fees when I return them.... AAAHHHH "LATE FEES SUCK!!" And VeeGeez/GameZNFlix rules!!
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I am also planning on doing this, but on the east coast. I will also try and get our "campus gaming club" to join. And of course banner ads on my websites, and LATE FEES SUCK tee shirt that I will wear every day!
quote:Originally posted by mistikal07: I'm a college student at UC Davis and have several of my friends at various UCs, Privates and States around California all invested in PGHI. When the new site comes out, we're planning on posting several hundreds of flyers throughout our campuses to promote the site.
In fact, I would be happy with 5,000 to 10,000 by the end of the year (as long as there was a low churn rate). It shows steady growth and a good monthly income.
In saying that....when we start moving, we could really fly. Netflix got a million subs in less then 5 years....so, anything can happen.
quote:Originally posted by tommy: I'd say that we have about 1000-1200 subs at this point and with the new site, article, name change, and introduction of DVD's, we will probably see 10,000 to 50,000 within a month or two. JMHO of course!
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I think that we will rise is memberships faster than Netflix did. They have paved the way for success. The word is out and once the site is up it is our duty as shareholders do everything we can to help this thing. I have talked to a lot of people including my family and my dad who is remarried and has kids ages from 6-13 was not wanting to pay for the subscription even though they spend over $240 a year on games for th kids, now that they will offer DVD's he said he is in. We all know that this market of online Video games has not been tapped into. 18-26 years olds make up the majority of these groups and if we can pull this group also, can you see the possibilities? It is so important to get the word out and advertise. Marketing the product and a great website we should have success because someone has paved the way we are just making it better. Just like Bill Gates did with windows. He took what Xerox had and made it better!!
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