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mf_iii,
Unfortunately for now, you cannot extract images from the movie itself. I had thought to put this in, and may do so at a later time, but if I did, the only way you could take advantage of this feature if is you had ffmpeg-php installed on the server itself. This would basically be a hit and miss for people not having this module installed. But later I will probably add it as an option for people that are lucky enough to have this module already on their server. In the mean time you would need to take a screen shot of the video you are uploading and upload that as well.
Optikool