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Microcap & Penny Stocks : Financial Intranet Inc. (OTC:BB:FNTN)
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To: TechnoWiz who wrote (2756)7/2/1998 2:22:00 PM
From: Bill Fortune III  Read Replies (1) of 2897
 
Video On Demand:

The following is a response via e-mail from someone who was unable to post on SI.

"I BELIEVE THAT THE THREAD IS OVER LOOKING ONE PRIME FEATURE OF FNTN, THE VIDEO ON DEMAND. This could be their largest draw from large corporations that need to orientation for new employees, disseminate news or teach safety etc. There are many possibilities for this feature.

I know the big oil companies have people visit remote locations for all of the above.

This could cut down on travel cost and the number of personnel required. Here is a company you should look at DCTC. There are some good people on this thread. We are looking for a move upward as we approach the annual meeting on July 30.

Thanks for the response.

Long on FNTN and DCTC"

I thought that the message was very appropriate because we have not addressed what Video On Demand might mean to FNTN's future business on this thread. Maybe we should.

The writer of the e-mail message made me aware of just another great potential for FNTN that I knew was there but had given little thought too.

Let me use an example of how I think this might save money for a company.

Assume that XYZ Company has 100 employees who need a four hour updated safety training session. The could either go to an off site training location 100 miles away or do it via Video On Demand.

Using the same wage for all employees @ $14.00 per hour.

OFF SITE EXAMPLE:

100 employees travel time both ways approx. 4 hours each @ $14 = $56 per employee X 100 employees = $5,600.
100 employees cost of vehicle on average would be approx. $700
100 employees cost of lunch $5 on average per employee or $500
100 employees cost of training per employee $90 or $900
100 employees cost of training for 4 hours each @ $14 or $56 X 100 employees or $5,600

APPROXIMATE TOTAL COST FOR OFF SITE TRAINING WOULD BE: $13,300.

Video On Demand Example:

100 employees cost of training for 4 hours each @ $14 or $56 X 100 employees or $5,600
100 employees assuming the cost of training per employee is the same as Off Site $90 or $900
100 employees do not loose 4 hours of work time traveling and are able to return to work after Video on Demand training Savings to company of $5,600

APPROXIMATE TOTAL COST FOR VIDEO ON DEMAND WOULD BE: $900

TOTAL SAVINGS OF VIDEO ON DEMAND OVER OFF SITE TRAINING WOULD BE $12,400

Remember the above is only a ruff concept of the potential of savings the company could realize.

What do you other investors think?

Bill Fortune III
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