InCapta Inc (INCT)

[runwitheggsin1basket]

lets remember that since friday there is one less player in this feild, Form 8-K for VMH VIDEOMOVIEHOUSE COM INC


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3-Mar-2006

Other Events



ITEM 8.01 OTHER EVENTS
On March 1, 2006, the Board of Directors unanimously voted to discontinue the renting of DVDs online. The Company came to this conclusion after operating and testing the online rental business over the last 9 months and finding that this business model was extremely unprofitable and absorbed substantial amounts of capital investments with no return.

The Company has decided to concentrate all of its future efforts towards the expansion and further development of the DVDmarketplace concept as this business model would require far less in capital investment, provide less risk and would become profitable very quickly. The Company believes that this would further move them one step closer to its goal of becoming a technology and marketing organization as opposed to a handler and warehouser of large quantities of inventory.