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I checked the product and it doesn't seem to be truely streaming. When I clicked to view the end of the video before it loaded it, it didn't skip to the end - it just seemed to keep loading the video from the start.
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It is progressive streaming. To random seek a streaming video you will need a Streaming video server with a Real Time Messaging Protocol (RTMP). The cheapest comes around $50 a month. You can still configure EasyFLV players for a video streamed over RTMP.
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What time are you online softwareguy?
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I am located in GMT + 5.5 hrs. I am online till 9AM to 11.30PM my time.