Point Group Holdings, Inc. – an online video game and movie rental company to be known as GameZnflix.com on the internet – is in the process of establishing its headquarters, customer service center and east coast distribution center in Franklin.

CEO John Fleming left San Diego, Ca. and chose Franklin over several southcentral Kentucky and northern Tennessee counties to launch his new business.

“Their is good solid industry here, the schools are good, the climate is perfect, and Franklin is business friendly. Franklin has everything for my business,” said Fleming, who brought his family to Kentucky and purchased a house on Blackjack Road. “It’s kind of neat here.”

Fleming currently owns veegeez.com – a video game rental business with 1,300 offerings. The new company will also include DVD movie rentals.

Fleming said subscribers pay a flat monthly fee, such as $20 for two games or movies, and make their selections over the internet. The movies or games are sent through the mail and usually arrive in two to three days. Subscribers can keep their selections for as long as they want. A prepaid envelope is also sent, and when they turn them in, they can rent two more.

“There are no late fees, no pressure to turn the games or movies in,” said Fleming. “It’s a lot easier for parents and cheaper in some cases.”

Fleming said his site is easy to navigate. Games and movies are broken down by the category, such as sports and action. Fleming’s current site says he has 84 percent of all of the video games in stock.

Fleming said he main competitor in the online movie rental business will be netflix.com, which has over a million customers.

Fleming is still looking at sites for his customer service center and distribution center. He will also maintain a distribution center on the west coast and hopes to open two more in the midwest and northeast when the company gets off the ground. He also plans to expand into England.

Fleming will employ 15 at the customer service center in Franklin. Local operations are expected to begin at the end of the first quarter of this year.

“This internet company sounds like a good opportunity for Franklin and John Fleming,” said F-S Industrial Authority Chairman John Raines.

Point Group Holding, Inc. (PGHI) is a public company which is being traded on the bulletin board. Stock is currently being sold for 5 cents a share.