Maybe this helps: (I have not tested it. Also you might be able to set the "poster" attribute of the video to the src of the image object. Just try it. =) )
<video width="320" height="240" controls id="video">
    <source src="video.mp4" type="video/mp4">
</video>
$(document).ready(function() {
            var time = 15;
            var scale = 1;
            var video_obj = null;
            document.getElementById('video').addEventListener('loadedmetadata', function() {
                 this.currentTime = time;
                 video_obj = this;
            }, false);
            document.getElementById('video').addEventListener('loadeddata', function() {
                 var video = document.getElementById('video');
                 var canvas = document.createElement("canvas");
                 canvas.width = video.videoWidth * scale;
                 canvas.height = video.videoHeight * scale;
                 canvas.getContext('2d').drawImage(video, 0, 0, canvas.width, canvas.height);
                 var img = document.createElement("img");
                img.src = canvas.toDataURL();
                $('#thumbnail').append(img);
                video_obj.currentTime = 0;
            }, false);
        });
Source 1
Source 2