*<font size=4><font color=teal>It’s been a busy seven months
TBS04 events review from a post dated 2/17/06 with update of more recent events.
Some GZFX co. analysis for a slow day
GameZnFlix Signs Contract with MailItAgain to Provide Improved Mailer
Sept. 19, 2005 signed a contract to take delivery of a new, re-designed mailer that will reduce postage costs by about 40%, reducing delivery times to members and is expected to increase warehouse efficiency by about 60%. MailItAgain. “Our first requirement was a mail piece that lowered the postage to the one ounce rate, we had to produce a mailer that allowed them to permanently apply address information and barcodes for various applications.' ``This mail piece allows GZFX to mail their rentals for $0.37 each way as first-class mail. In addition, by working with the U.S. Postal Service; they have ensured that their mailing piece and procedures ensure speedy delivery of the mail.' They cut their mailing expenses and gained speed in delivery.
GameZnFlix Engages Baker & Taylor to Supply Expanded Product Lines
Sept. 30, 2005 announced today that it has selected Baker and Taylor, Inc. to supply its planned expansion of books, books on disc, music, accessories and other merchandise. Baker & Taylor will also be handling the fulfillment direct to the consumer for items purchased so that GameZnFlix should be able to ship within 24 hours. Baker & Taylor offers us the opportunity to expand our product line to our members and non-members alike, and will allow us to provide a one stop shopping for all of the family entertainment needs. We look forward to availability of the additional products on our website before the upcoming holiday season begins.'
What an addition! Takes time to incorporate CC and BT into one website, hence the delay. You can stop the pissing and moaning now.
Circuit City to Offer GameZnFlix's Online Video Game and DVD Rental Program
Oct 5, 2005 announced its service will be available to Circuit City customers at www.circuitcity.com and in select Circuit City stores beginning November 1, 2005. Marc Sieger, senior vice president, general merchandise manger of services at Circuit City Stores, Inc. "As the Internet has grown, we've learned a lot about consumers and know they want value and convenience. I feel this new relationship offers our consumers both." "Circuit City is a top destination for movie-lovers and gamers alike and we believe we can fulfill both needs through our service."
Schoonover is the new CEO of CC, he helped launch Netflix while at Best Buy. Now he’s on our side. It’s a win win situation. This is a test, this is only a test of the…..ah never mind you get it. If you don’t there is something wrong in your wiring. LOL
GameZnFlix Now Offers Over 40,000 DVD & Game Titles to Its Members
Nov 14, 2005 announced today that it now has the capability to rent over 40,000 titles to its members. "Through our relationships with vendors like Video Products Distributors, Inc., we have been able to secure the ability to have an even larger base of titles, and make them available to our members." Tom Kielty, Senior Vice President of Sales and Purchasing for Video Products Distributors, Inc., adds, "We are extremely pleased to be associated with GameZnFlix. Their commitment to providing online subscribers with a wide spectrum of entertainment for the whole family is a exciting endeavor that we are thrilled to be a part of." Pretty Strong inventory available and getting stronger through acquisitions. XBOX 360 games available also. See below.
GameZnFlix Acquires Game Inventory of Gamechoice.com
Nov 23, 2005 announced that GameZnFlix, Inc. has acquired the inventory of Gamechoice, LLC (approximately 2,750 copies). This is a great acquisition in that we are acquiring thousands of great video game titles to further expand our rental inventory and having the opportunity to gain new members. Matthew Shafeek, CEO of Gamechoice, said "GameZnFlix gave us an opportunity to quickly reestablish service to our customers by not only offering them the same access to games, but adding DVDs as well. More inventory and subs always make the company stronger. Ist of acquisitions.
GameZnFlix, Inc. "Tees it Up" With Hole-In-One Production and the Etourgolf.com World Charity Golf Challenge
Jan 13, 2006 announced today that it has entered into an investment with Hole-In-One Productions LLC to produce Etourgolf.com World Charity Golf event. The specifics of the agreement involve the exchange for working capital for advertising, corporate exposure and 25% proprietary ownership of Etourgolf LLC. This begins with this year's Etourgolf.com World Charity Golf Challenge at the Rio Secco Golf Club in Las Vegas 16-20 January 2006. This new agreement provides GameZnFlix a secure financial investment while giving us worldwide corporate exposure. As a sponsor to this event, companies such as GameZnFlix will be able to bring their name and service directly to the attention of potential viewers, which is estimated to be in the millions. Advertising and marketing, other than billboards and pop ups. Partnering in advertising is always a good start. Others include talknstocks and wallstreet.net.
GameZnFlix, Inc. Signs Lease for Its Own Proprietary Channel to Be Broadcasted via Satellite
Jan 17, 2006 plans to launch its own proprietary channel on IntelSat America 5, a satellite transponder aimed toward Ethnic, Christian, Military and other communities in the United States. The new video/movie channel -- a collaboration between GameZnFlix and Hit Media, LLC, a Florida-based marketing firm with roots in the satellite and video distribution industries – will primarily serve as a marketing tool to millions of viewers in the U.S., Canada and the Caribbean. The satellite delivery model will also serve as a GameZnFlix's download station to those same customers. "This is the first step towards our company moving into the direct download to personal entertainment systems across the United States. We have been working closely with Pittsburgh International Telecommunications, Inc. and Hit Media, LLC over the past year on this project. We are pleased to make this announcement." Al Stem, CEO, Pittsburgh International Telecommunications, Inc., added, "The timing of this service offering is good. Consumer demand, satellite technology and environmental economics all seem to be lining up favorably. Pittsburgh International Telecommunications, Inc. is excited to be a part of its launch. We're excited to be a part of this pioneering content-delivery innovation with both GameZnFlix and Hit Media." Disney’s on it. We’re right behind. This is the future. More advertising and marketing to boot. Big move when finished.
GameZnFlix Retains Stanton, Walker and Company for Merger & Acquisition Services
Jan 18, 2006 announced today that it has signed an advisory and consulting services agreement with New York-based Stanton, Walker & Company to identify, evaluate and transact potential acquisition or merger opportunities. GameZnFlix is actively pursuing acquisition opportunities that will provide complementary technologies to the company's current focus on providing DVDs and video games for rent or purchase. Stanton Walker will provide due diligence, transaction structuring and consulting services throughout the process. Stanton Walker will also identify potential acquisition candidates that fit the GameZnFlix business profile and assist in evaluation of strategic business decisions. "Acquisitions have the potential to enhance our growth model and drive development of our DVD and video game rental business. While our management team continues to focus on maximizing our existing business opportunities.” They are not doing this blindly. If you are to grow and move your company to the next level it is wise to retain someone who knows the ins and outs of acquisitions. Nice business decision by the CEO and Pres.
Cash Flow PERIOD ENDING 31-Dec-05..... 31-Dec-04..... 31-Dec-03 Net Income..............(4,240).............(9,717)..........(228)
Cut net income loss in over half from the previous year. Yes there are other numbers out there and we can argue numbers any other time but, bottom line is the BOTTOM LINE. JF said we would be in the black very soon. I’d say I trust him.
GameZnFlix Acquires DVDavenue, LLC (4/15 note-purchase was later cancelled)
Feb 10, 2006 announced it has acquired DVDavenue, LLC., an online provider of DVDs for rent, based near Washington D.C. This is a great acquisition for as this will result in increasing our membership base, acquiring thousands of titles and adding a new distribution facility. As part of the transaction, existing DVDavenue customers will be transitioned over to GameZnFlix's service. The transition is slated to be completed within 30 to 60 days.
Another DC and more subs resulting in increased income and quicker shipping and availability. No porn as this is a family business. Smart acquisition.
DVDmarketplace.com Signs GameZnFlix Inc. as a Featured Merchant
Feb 13, 2006 -- Steve Gaspar, is pleased to announce that VMH VideoMovieHouse.com subsidiary http://dvdmarketplace.com, the company's new innovative on-line DVD marketplace, has added GameZnFlix,to its growing roster of on-line merchants. This strategic move allows GameZnFlix the opportunity to market its surplus inventory of previously viewed DVDs to the ever-expanding database of customers buying their DVDs. GameZnFlix Inc. brings previously viewed content to the DVDmarketplace.com community. DVDmarketplace.com intends to help GameZnFlix Inc. realize additional revenues by providing them with an effective on-line vehicle to sell their previously viewed DVDs.
Note: dvdmarketplace later closed their dvd rental service and now refer all rental customers to Gameznflix.
The AAFES project is coming along and is in Beta Testing. Upon completion testing and with approval of AAFES there will be a public press release to announce the completion.
Website Update 3-16-06 The new website for GNF will be released in the near future. The Beta Testing is just about done by the outside firm retained to review the site. However, it will not be released until management determines that the timing is correct with relation other projects.
Dump the porn increase revenues it’s a family business. Makes allot of sense.
This is no longer a start up company. They are in the early growth stages of acquisitions marketing and advertising. A key to success is in the partnerships GZFX is building. GZFX should do well in the near future but the speed of it’s growth at this point hinges on the partnership of the CC deal and the national attention it will receive. The online beta testing of gaming platform and the satellite channel is huge. It is in it’s beta testing so your guess is as good as mine as to when it will happen. I think sooner than later.
The AAFES is a great venture and a strategic move in the market niche. GZFX has some great things going for it and Chip Gallant said they were ready to take on the big boys. That is some stiff competition and you better be prepared if you jump in with both feet. Arthur De Joya as the new CFO was a strong move, and he obviously thinks allot of the company and is willing to work with them according to the SEC filling. A new web site to encompass Games, DVD’s as well as music and books in one web site is pretty outstanding and can take so time to get right. I think THAT is why things aren’t moving as quickly as some would like.
As you can see this has been a step by step process of building a strong company and not throwing it all out there and seeing if it will fly. I’ve owned two businesses at the same time so I know how hard it is to run them without a mistake. Sometimes it’s trial and error. But they seem to have brought in the right people for this venture. I’m not a sunshine pumper, things could go awry at anytime. That’s business. This is only my opinion, so don’t buy or sell according to that. I just wrote down the facts, you decide. I’m sure I missed something so feel free to add to it.
Hey BMI. No assasination, Xan just posted my info post again. We will be fighting back with facts. Your bashing days without facts are just about over. I will throw out a fact for every bash you sling. I am traveling on business across the US , but I will be lurking. Bet your bottom dollar. Or you penny stock. Which ever you feel most comfortable with.
Bmi, imo there may be a technical bounce this week. On the last trading day there was mostly selling but it didnt go any lower. Plus, it actually broke a downtrend line in the process. I cant speak for the following week but if it should head lower I wouldnt be surprised to see a corrective bounce before it does. How did they go from 6000 subs to an average of 3800? I realize that there is churn but 35-40%?