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Monday, 03/14/2005 6:13:43 PM

Monday, March 14, 2005 6:13:43 PM

Post# of 124
The .035's looks like good entry. POSSIBLY

VMHVF -- VMH VideoMovieHouse.com, Inc.
Com (No Par)

COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:

VideoMovieHouse.com to Begin On-line DVD Rentals in April, 2005

VANCOUVER, British Columbia, Feb 28, 2005 (BUSINESS WIRE) -- Steve Gaspar, President & CEO of VMH Videomoviehouse.com Inc is pleased to announce that beta testing of its new on-line DVD rental site is now underway and progressing satisfactorily. April, 2005 should see the full scale launch of the company's new on-line DVD rental site into the Canadian marketplace. Entry into the United States DVD rental market is planned for the summer of 2005.
VideoMovieHouse.com has been selling Videos, DVDs, and CD's over the internet on its website www.videomoviehouse.com and shipping products worldwide since June, 2001. The company expects it's entry into the On-line DVD rental market, both in Canada and the United States to have a positive impact on future sales revenues. By direct marketing its new On-line DVD Rental site to it's many thousands of satisfied DVD buyers, the company expects to achieve good initial results in the sign up of new rental subscribers. Based on its experience in both the sales and rental of video products, management firmly believes that "Buyers are Renters & that Renters are also Buyers" - especially so, in today's relatively inexpensive DVD marketplace.

The company is currently on track for record sales in the third and fourth quarter of this fiscal year. Current fiscal year end June 30, 2005 gross sales are expected to exceed $3,000,000 USD. While currently experiencing record sales growth, the company's funding requirements are also growing at a substantial pace. Further need for increased funding is expected once the company enters the DVD Rental Marketplace. To address these funding requirements, the company has secured an Equity Line Purchase Agreement with A.I. International Corporate Holdings Ltd. for up to $10,000,000 USD. The funds, when drawn upon will be used to finance the expected higher inventory levels needed, hire additional staff and purchase new state of the art automated processing equipment. Worldwide expansion of DVD sales is also expected to continue throughout the coming months.

Certain information and statements included in this release constitute forward-looking statements within the meaning of Federal Private Securities Litigation Reform Act of 1995.

SOURCE: VideoMovieHouse.com Inc



CONTACT: VMH Videomoviehouse.com Inc
Jim Carroll, 800-253-0324


Copyright (C) 2005 Business Wire. All rights reserved.

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KEYWORD: INTERNATIONAL CANADA
INDUSTRY KEYWORD: ENTERTAINMENT
MOTION
PICTURES
NETWORKING
INTERNET
E-COMMERCE
PRODUCT
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Business
Wire
2005



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