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Technology Stocks : VIDEOFLICKS.COM/ VFCO.U -- Ignore unavailable to you. Want to Upgrade?


To: Bud G who wrote (54)3/10/2000 11:55:00 PM
From: WWS  Read Replies (1) | Respond to of 66
 
Dood, I agree with you about the virtues of Videoflicks the company, and also that it might be nice to have them move off the CDN. But I'd much prefer that if they move that they move to an actual "exchange" (Montreal, Toronto or even NASDAQ SC), not just to another "vanity" broker-based listing service such as NASD:OTC:BB. OTC:BB is no different than CDN in having NO listing requirements, you just have to have ONE market maker sponsor your listing. While OTC:BB has no listing requirements, companies listed must report periodically to the SEC under the small business requirements regulations. This might be an advance over CDN, of which I know nothing about any reporting requirements. Even though the company says that it wants its shares to appeal to a wider audience, it is hard to imagine that US citizens are now unable to invest since 2100 of the 2900 existing investors are US citizens. But, back to the company's business for a minute. The video business seems to be both a growth business as well as dispensing a commodity eminently suited to both sales via the net and relatively easy order realization (a big problem for most i'net e-tailers). The company might have a real advantage in order realization because (I assume) that it is able to share warehousing and trucks with its parent company, Toronto's VideoFlicks retail stores. Finally, I suspect that the long-term threat represented by video-on-demand may turn out to be more problematic to those in the video RENTAL business than to those (such as VideoFlicks) in the video SALES business.