Dvd rental canada
VMH Videomoviehouse.Com Inc. Announces Launch of DVD Rental Web Site
VANCOUVER, British Columbia -- Steve Gaspar, President & CEO of Videomoviehouse.com Inc. is pleased to announce that the company will commence Beta testing of it's DVD Rental site in Canada on February 21, 2005. Beta testing will last 30 days. Upon the completion of the testing Videomoviehouse.com Inc. expects an immediate full scale launch into Canada to be followed up with a launch into the United States.
Videomoviehouse.com had gross sales before returns and allowances of $1,134,039 and after returns and allowances it was $1,025,589. Videomoviehouse.com Inc. is pleased with the quarterly results. A one time charge of $150,000 for consultants to assist the company to bring about the effectiveness of its business plan of operation to expand sales into United Kingdom, France, Germany and Japan that runs to September 15, 2005, resulted in the company basically breaking even for the quarter.
VideoMovieHouse.com offers Videos, DVDs, and CD's for sale over the internet from its website www.videomoviehouse.com and ships products worldwide.
Certain information and statements included in this release constitute forward-looking statements within the meaning of Federal Private Securities Litigation Reform Act of 1995.