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uV Hospitality Solution - Software Revenue Stream.
Volanté Systems Says...“Many of our hospitality clients, including hotels, universities, stadiums, theme parks, casinos, casual/fast food chains, and golf and ski resorts, are keenly interested in self-service technology solutions. The combination of uWink’s proven customer-facing self-order, self-pay and digital entertainment delivery and monetization capabilities seamlessly combined with Volanté’s innovative java-based, peer-to-peer point-of-sale enterprise software, represents the end-to-end solution the hospitality industry has been waiting for.”
uGuys would be Excited if you knew uV POS Profit Margins.
"The uV Hospitality Solution software also allows for the delivery of digital advertising and the monetization of customer game play via a unique “micro-transaction” game credit purchasing and redemption system that is also tied directly into the Volanté POS for billing and processing."
uV Will Provide an Ever Increasing Revenue Stream Expansion.
http://biz.yahoo.com/bw/071211/20071211005403.html?.v=1
Monday Morn-My dogs go to zagil's to POS
Money For Breakfast - Latest Nolan Interview
http://www.uwink.com/images/stories/movies/Money_For_Breakfast_20071203.wmv
Nolan is the Master of Interview Eloquence!
:) Netman
Z: Science, Math, English are not your Bag, lets try Logic
1) I did not remove your post (name calling will cause that).
2) BTW: mechanical engineers
(as you now claimed to be?) average salary is about 1/3+ of the $180K you claimed... Dude, a M.E. requires a solid understanding of the principles of physics and some key concepts such as mechanics, kinematics, thermodynamics and energy...and they also possess a bachelor's degree, or a master's degree, or a doctorate degree (somehow I can not readily believe this new claim of yours either...).
3) May I suggest you at least read your own posts. If you are going to quote from your very own past posts (down 15K, is not holding 15K...duh), at least do so correctly, and not so absurdly.
4) Did you happen to notice uwki has moved 20 cents further away from .001 this week...I Bet it will also move inversely to your "Math" Monday Morning!
Naughty iwink2 - Good thing zagil hates math.
Seems no one can recognize simple ASCII
Good thing I did not post in Hexadecimal, Octal, BCD, etc.
Zagil: Since Science is not your Scene, lets try Math
A sampling of your posts Do Not ADD UP:
You are 33 and make $180,000 a year
12/06/07 You like to say you will see me @ $0.001.
12/01/07 You say you will be “buying more at $0.50 that would be in Jan 2008”
12/01/07 You say you have 2800 shares at a combined Avg at $1.86
11/05/07 You say “i just want to get out even. am down by $15000 now”
10/23/07 You say you “have 9K of UWINK”
10/19/07 You say “I am still holding a nice amount of shars and looking forword to see if it will be possible to have $5 pps to dump what ever i have”.
A compilation of your posts may make scents, but not any sense or cents.
No Character Encoding Types See Information Interchange?
zagil: Are you really this dumb, or just pretending?
We are here because, more than ten billion years ago, the universe borrowed energy from the vacuum to create vast amounts of matter and antimatter in nearly equal numbers. Most of it annihilated and filled the universe with photons. Less than one part per billion survived to form protons and neutrons, and then the hydrogen and helium that makes up most everything there is. Some of this hydrogen and helium collapsed to make the first generation of massive stars, which produced the first batch of heavy elements in their central nuclear fires. These stars exploded and enriched the interstellar clouds that would form the next generation of stars. Finally, about five billion years ago, one particular cloud in one particular galaxy collapsed to form our Sun and its planetary system. Life arose on the third planet, based on the hydrogen, carbon, nitrogen, oxygen, and other elements found in the protostellar cloud. The development of life transformed Earth's atmosphere and allowed small furry mammals to take center stage. Primitive men and women evolved and moved out of Africa to conquer the world with their new knowledge of tools, language, and agriculture. After raising food on the land, your ancestors, your parents, and then you consumed this food and breathed the air. Your own body is a collection of the atoms that were created billions of years earlier in the interior of stars, the fraction of a fraction of a percent of normal matter that escaped annihilation in the first microsecond of the universe. Your life and everything in the world around you is intimately tied to countless aspects of modern astrophysics.
And then... we all read your latest post, and we just collectively shake our heads from side to side...and wonder...about some of those fractions that escaped annihilation...
77-65-82-67-72, 08
Yeah I know, 4:44 VS 30MIN Interview w/Fox
Pong: The Ping Heard 'Round the World
December 2, 2007 · Thirty-five years ago, Nolan Bushnell and his new company, Atari, released the world's first successful video arcade game: Pong. Bushnell talks to Liane Hansen about the grandfather of modern video games and how it relates to today's gaming industry.
NPR: Listen Now:
http://www.npr.org/templates/topics/topic.php?topicId=1049&ft=1&f=1049
"We decided to not leave anyone out. Nolan is going to be on NPR - Weekend Edition Sunday - today. And tomorrow (Monday), Nolan will be on the NEW Fox Business Network between 7:10 a.m. and 7:40 a.m. Just call us A-Political."
Left-Leaning Radio and Right-Leaning Broadcast!
December 2nd, 2007
Glad to see they posted IT.
Nope - Holding 1 Million Shares at .0060
11/30/07: UWKI Time and Sales Data Today…
15:53:16 $1.79 2000 Shares Bought (Me)
15:34:49 $1.79 6600 Shares Bought
15:33:30 $1.79 6500 Shares Bought
Hmmmmmmmm......
Patience PKG – Go Drink More DKAM Vodka Dude
That 2K Today (And Also Prior Buys) will be....:)
Just Bought 2,000 more at $1.79 = 83K Shares
uWink Restaurants. - Our near term strategy is open three to six additional company-owned and/or managed restaurants within the next six to twelve months. We estimate that we will have to expend between $1,000,000 and $2,500,000 (net of any landlord tenant improvement allowances) to construct, staff and open each new restaurant, excluding rent. Our build-out cost of new restaurants will vary depending on a number of factors, including the size of the location, whether we are converting an existing restaurant space, as we did with our Woodland Hills location, or moving into a "build to suit" location constructed from a building shell, typically with a monetary contribution (also typically referred to as a tenant improvement allowance) from the landlord. While the latter development model generally involves greater costs (depending on the level of landlord contribution) and time to open (because the permitting process is typically significantly longer), we believe that positioning our restaurants in popular, "marquee" locations (which typically operate on the "build to suit" model) will greatly increase public awareness and recognition of the uWink brand, which we believe is critical to our continued growth. We have recently entered into letters of intent to secure three such sites for new uWink restaurants, at the Promenade at Howard Hughes Center in Los Angeles, at the Hollywood & Highland Center in Hollywood, California, and at Galleria Dallas in Dallas, Texas. Effective June 4, 2007, we and the landlord entered into a definitive lease agreement for the Howard Hughes location. On October 25,
2007, we entered into a definitive agreement to acquire the leasehold interest and certain other assets of a currently operating restaurant in downtown Mountain View, California, which we intend to convert to the uWink concept and open by early 2008. We intend to utilize a mix of these two development models in the near term and to cluster company-owned stores in markets that we enter to achieve operational efficiencies.
Our longer term growth strategy is to open additional company-owned and/or company-managed restaurants in new markets and to franchise our concept, focusing on multiple-unit area development agreements with experienced operators. We are ultimately targeting a mix of one-third company-owned restaurants and two-thirds franchised restaurants. We expect we will also seek to generate additional revenue through the sale of our proprietary tabletop terminals and related software to our franchisees. In addition, we believe that our concept is well suited for specialized locations, including airports and schools, and are pursuing opportunities in these areas.
We are targeting 6,000 to 10,000 square foot locations in high traffic areas as the sites for future restaurants.
USE OF PROCEEDS
We currently intend to use the net proceeds from this offering as follows:
New restaurant development $ 6,000,000 64.6 %
Marketing and administration of a franchise program $ 250,000 2.7 %
General corporate purposes, including working capital $ 3,034,300 32.7 %
Total $ 9,284,300 100 %
http://www.sec.gov/Archives/edgar/data/1108699/000104746907008795/a2180968z424b1.htm
uWink offers techno spin on dining in the iPod age
Technology has finally brought the restaurant eater into the kitchen.
The invention of the stove is old news like ancient artifacts and the waitress is slowly being phased out like the Mayans. In the wake of Apple's iPod revolutionizing our take on music, uWink is revolutionizing the dinner rush.
Fully equipped with a bar, patio and restaurant seating, this sit-down establishment has a computer at every table.
Technology has quite possibly bombarded the battle between customer and server, making the food-order communication line much clearer.
Listing every item from bar drinks to desserts with more product ingredient information than my brain can handle, along with displaying a picture of each item, the computers are your menus.
When seated, the hostess gives you a card, which you swipe in the computer to start your tab. Then you simply click on the item you want and the waitress brings it out.
The computers serve as much more than menus though. They are filled with a variety of free games ranging from sports, music and movie trivia all the way to games about love and horoscopes.
Of course you don't have to play them, but in my case the screen's calling of my name sucked me into a tarot card tug-of-war. According to the first round my love life is in shambles, but thank God I persisted because by the third and fourth I had apparently hit "Hot Tamale" status.
With visual projections lining the walls with pictures of amoebas and far-off places, sport- and news-filled plasma screens and the table's resident computer, the restaurant could surely glide through the corporate market quite lavishly without the appearance of quality food.
For the sole reason that I'm anti-technology I was really hoping they chose that route but as I searched for the establishment's downfall in the menu, I came up short. The menu boasted so many food choices it made my head spin. I settled on the sushi and it was phenomenal.
The menu has a great selection that incorporates nearly every Americanized multicultural dish possible with Greek salads, steaks, burgers, vegetarian dishes, pizza and that is barely the tip of the iceberg.
If the fact that the iPod has attached itself to my body like an extra ligament is not hypocritical enough, uWink only furthers the truth that my resistance to move with electronic advancement is unprecedented.
The restaurant combines quality food, casual quick dining and best of all, affordable prices. According to their Web site, the target average check is $12 to $16, which is accurate and well worth it from my experience.
Computers at your table are the way of the future, advance or bust. It is truly a great restaurant.
The location below is the first and only uWink up and running, but the concept plans to add ___ more in 2008. So keep your eyes peeled for the new establishments, which will be making their way to Hollywood and Howard Hughes Center in Los Angeles.
5/16/07 (older, but not seen before...)
http://media.www.therounduponline.net/media/storage/paper1033/news/2007/05/16/Reviews/Uwink.Offers.Techno.Spin.On.Dining.In.The.Ipod.Age-2904343.shtml
Actually, todays news has a lot of weight.
It's Not the news I would have preferred to see today, which would have been a wire services release of All the recent info stated in their SEC docs, related to all the new places to open in 2008, and how the 'new money' is already allocated to pay for and operate all of those previously announced new uWink's (to come).
However, it is great news, which will likely have many further networking ramifications to contribute to profit growth...and cost curtailment... as the near future develops, based on todays reality of what you know now...
Nice techno-entertainment dining concept buy.
Sure...now you show up... when BigStud comes out
Great Idea BStud, uWait for that to happen...
"You know, I try to just ignore these posts, and I realize someone is being quoted, but I gotta tell you, to mention"..."irresponsible pumping"..."is just" Predictable PKG Posturing.
Talk About "Pumping" A Stock (Start Buying at .50ish, and at $5 & $10...)
http://investorshub.advfn.com/boards/read_msg.asp?message_id=24730704
We should all do as you Say, but not as You actually do...?
http://investorshub.advfn.com/boards/read_msg.asp?message_id=24745068
Yap...Yap...Naughty Doggy...
http://investorshub.advfn.com/boards/read_msg.asp?Message_id=16726985&txt2find=average
"I don't know. My first average down was $2.28. Six in all now. The last being at $.76. I keep thinking one more time."
http://investorshub.advfn.com/boards/read_msg.asp?Message_id=22137176&txt2find=average
Source: From the September 16-22, 1999 issue of Metro, Silicon Valley's Weekly Newspaper.
Noted the two links (in my post you replied to) for a past and present view.
"This is the type of stock and opportunity that you look for and hear about at cocktail parties when someone says they bought Microsoft or Apple at $1 per share."
http://peakstocks.com/buy-alert-and-new-company-spotlight-uwink-inc-food-drinks-and-fun
Without looking up, Bushnell replies, "I'm working on it."
http://www.metroactive.com/papers/metro/09.16.99/cover/bushnell2-9937.html
SPIEGEL ONLINE: What are you working on right now?
October 26, 2007
Bushnell: A series of restaurants called uWink, that have touchscreen-ordering at the tables. All the walls are media. There are games that are created for groups and can be played restaurant-to-restaurant. It is a media-centric restaurant. It's got rave reviews, we're knocking it out of the park and we're expanding -- and we hope there will be one in Germany sometime soon.
SPIEGEL ONLINE: Do you see yourself retiring at some point?
Bushnell: I'm going to work till I drop. This isn't work, this is fun. It's my play. And I hope to be playing for about another hundred years.
https://www.spiegel.de/international/0,1518,512798,00.html
Exactly Right Board Bud. I usually will post the more pertinent excerpts from their SEC doc's. I purposely did not post anything about the conv-notes in that document, as (1) the people in these deals already know how this works... and (2) I knew it would simply confuse most other folks that would not understand the process. Heck, a lot of folks still do not grasp the warrants...
http://investorshub.advfn.com/boards/read_msg.asp?message_id=24425226
Thanks for posting more detail as to what that SEC Doc means...
SB-2 is NOT a List of Selling Shares PKG
It is The List of Investors involved in the Registration Process concerning ALL of the past conv-note holders (whom are receiving just under $2 Million worth) that are RECEIVING their full conversion of their conv-notes into their respective amount of uwki shares. uWink is now no longer carrying Any of these conv-notes as of this notice, and this conversion note matter was all covered (and fully accounted for) in their recent SEC docs available to the public (the SEC docs that only a few people care to read, and/or will read with a factual comprehension as to what they clearly mean regarding the uWink company future outlook).
Conversion notes were held by a few players that post on this board, and I am sure we are all pleased to acquire our individual 'shares', and also an equal amount of warrants that may be used within 5 years, as of the closing of the secondary offering.
Past events are not in my Future FMV evaluation
Yes, we all know / agree the $ deal was handled badly,
however... uWink now has all the $ they need to succeed.
Personally I prefer to focus on where they are now headed,
instead of dwelling on the past... 2008 will gauge future FMV.
http://investorshub.advfn.com/boards/read_msg.asp?message_id=24455360
http://investorshub.advfn.com/boards/read_msg.asp?message_id=24455610
http://investorshub.advfn.com/boards/read_msg.asp?message_id=24455665
http://investorshub.advfn.com/boards/read_msg.asp?message_id=24336376
Have been picking up XK shares at these <$2 op's
Will take a shot at about 5,000 more later on today.
A 2007 Buy OP clearly exists for those that will take it.
Netman Note: I try to base my own trading decisions on my own DD, research, evaluation, constant re-evaluation, insight and observations. Current UWNK trading action is STILL reflecting short-term price action trading in the overall scheme of things (try to think longer intervals with stock reactions with perspective to the company results and company / products / franchise potential). I believe most of the true FMV of this diverse company has Yet to be priced in.
Of course, everyone else has to do their own DD, and then draw and constantly evaluate their own conclusions and then place their own bets accordingly. All just IMO (not advice / none given), we all make (and live with) our own investment and/or trading choices. I Wish You All the best in your own investment and/or trading decisions, I've obviously made mine...
iwink2: "As of the date of this prospectus, we employ 18 people on a full-time basis, seven of whom are corporate management and staff, five of whom are engineering staff and six of whom are operations staff. We are currently outsourcing, and plan to continue to outsource, certain software engineering personnel."
"In addition, to staff the restaurant, we employ an executive chef, SIX MANAGERS and 64 full-time and part-time non-managerial restaurant staff."
"Our business plan is to grow very rapidly by opening new restaurant locations, which will place strains on our management team and our other resources to both implement more sophisticated managerial, operational and financial systems, procedures and controls and to train and manage the personnel necessary to implement those functions. We also will need to significantly expand our operations to implement our longer-term business plan and growth strategies."
From SEC Doc 11/20/07
UN: "On November 7, 2007, we completed a registered offering of our equity securities which resulted in net proceeds to us of approximately $9.3 million. We expect that the net proceeds from this offering will be sufficient to fund our present level of operations and near-term growth strategy through December 2008, as well as build out and operate our four new planned company-owned restaurant locations and continue our current level of operations for the next twelve months."
..."On October 25, 2007, we entered into a definitive agreement to acquire the leasehold interest and certain other assets of a currently operating restaurant in downtown Mountain View, California, which we intend to convert to the uWink concept and open by early 2008. We believe these high profile, high visibility locations will greatly increase the value and recognition of the uWink brand. We intend to use the proceeds of our November 7, 2007 registered equity offering (described below) to complete the development of these four new restaurant sites, and to continue implementing our growth strategy."
From SEC Doc 11/20/07
Another 1,000 Buy Today at $1.80
No news release this week with the T-Holiday,
which was fully expected of uWink to hold off...
However, it's reasonable to expect some News Next Week.
Holding 79K+...
Mountain View on the 14th of February 2008
They have the money for all four UN
And their 2008 fiscal year ends on Jan 2, 2009
[they are saying they are flush (now) through then]
"restaurant concept can be deployed..."
Actually, this added revenue plan has always been a sub-goal
Netman
Form 10QSB on 16-Nov-2007
http://biz.yahoo.com/e/071116/uwki.ob10qsb.html
uWink Franchising. In addition to our company-owned restaurants, we believe we can efficiently grow our operations through franchising to qualified area developers. In order to offer to sell franchises to operate a uWink restaurant, Federal Trade Commission rules require us to first provide prospective franchisees with a disclosure document called a Uniform Franchise Offering Circular, or UFOC, which includes, among other things, our various franchise agreements. In addition, before we can offer our franchises in certain states that have enacted state franchise or business opportunity laws, we must add certain state-specific disclosures to our UFOC, and register our offer with a state agency. We have now completed our UFOC for the uWink brand and are authorized to sell uWink franchises and may engage in discussions with prospective franchisees in every state in the United States and the District of Columbia, except in the following states where we must complete the state registration process: California, Connecticut, Hawaii, Illinois, Indiana, Maine, Maryland, Minnesota, New York, North Dakota, Rhode Island, South Carolina, South Dakota, Virginia, Washington and Wisconsin. Many of these states evaluate franchisor financial condition as part of the registration process. We believe that the proceeds from this offering will significantly improve the likelihood that we will be approved to franchise in these states.
In January 2007, we began to actively market uWink franchise rights. Over the next several months following completion of this offering, we will begin the registration process in most of the states that require registration. We have received a significant number of inquiries from prospective franchisees and are now in the process of opening discussions with candidates in the states that do not require registration of franchise offers. Once the registration process is complete in the states that require registration, we intend to begin discussions with candidates in those states. We have also received franchise inquiries from other countries and have begun preparing the necessary documents and filings to be able to offer franchises in certain foreign countries. At this point, even though we have received a number of inquiries from potential franchises and have entered into our first area development agreement, we cannot guarantee that we will be able to franchise our concept at all, or that we will be able to do so on acceptable terms.
We plan to utilize a franchise area development model for uWink in which we will assign exclusive rights to develop restaurants within a defined geographic region within a specified period of time. We are targeting franchise area developers who have the existing infrastructure, operational experience and financial strength to develop several restaurants in a designated market. We currently contemplate requiring each of our franchisees to pay us an up-front fee of $50,000 for the first restaurant in a development area and $40,000 for each additional restaurant in a development area, and a 4% basic royalty, together with a 2% software royalty, each based on gross sales. We expect that these terms will be included in the majority of any final agreements with franhisees, but we may modify the terms of individual agreements based on market conditions and franchisee resources and qualifications.
We intend to enter into franchise area development agreements in geographic markets where we currently do not have uWink restaurants or in markets that can be segmented so that a franchised restaurant does not compete with a company-owned restaurant. In markets where we have limited market penetration, we may in the future consider selling existing uWink restaurants to a franchise area developer. In these instances, we plan to require the franchise area developer to open a minimum number of additional restaurants in a designated period of time.
In June 2007, our subsidiary, uWink Franchise Corporation, entered into an area development agreement with OCC Partners, LLC for our first three planned franchised restaurants, to be built in Miami-Dade County, Florida over the next four years.
Pursuant to our area development agreement with OCC Partners, we have granted to OCC Partners the right to develop three franchised uWink restaurant, each of which will be subject to OCC Partners' meeting certain development deadlines and entering into definitive franchise agreements. OCC Partners has paid us $40,000 to secure the development rights granted in the area development agreement, $20,000 of which was deposited into escrow and is refundable until the first franchise agreement is signed, which is contemplated to occur following the selection of location for the first unit. We anticipate that these franchise agreements will include terms providing for a $20,000 upfront franchise fee for the second and third franchised units, after netting out the $20,000 development fee already paid by OCC Partners in respect of those units. We have agreed to waive the $50,000 up-front fee for the first unit. In addition, the form of franchise agreement provides that we will receive a $100,000 software fee (we have agreed to discount this fee by 50% for the first unit) and, in exchange for our delivery of our proprietary touchscreen terminals, a hardware fee of $3,125 per restaurant seat (we have agreed to discount this hardware fee by 20% for the first unit). Recurring royalty fees are set at a 4% basic royalty, together with a 2% software royalty, each based on gross sales. We have filed a copy of the area development agreement, including the form of franchise agreement, as an exhibit to the registration statement of which this prospectus is a part.
uWink Restaurants. - Our near term strategy is open three to six additional company-owned and/or managed restaurants within the next six to twelve months. We estimate that we will have to expend between $1,000,000 and $2,500,000 (net of any landlord tenant improvement allowances) to construct, staff and open each new restaurant, excluding rent. Our build-out cost of new restaurants will vary depending on a number of factors, including the size of the location, whether we are converting an existing restaurant space, as we did with our Woodland Hills location, or moving into a "build to suit" location constructed from a building shell, typically with a monetary contribution (also typically referred to as a tenant improvement allowance) from the landlord. While the latter development model generally involves greater costs (depending on the level of landlord contribution) and time to open (because the permitting process is typically significantly longer), we believe that positioning our restaurants in popular, "marquee" locations (which typically operate on the "build to suit" model) will greatly increase public awareness and recognition of the uWink brand, which we believe is critical to our continued growth. We have recently entered into letters of intent to secure three such sites for new uWink restaurants, at the Promenade at Howard Hughes Center in Los Angeles, at the Hollywood & Highland Center in Hollywood, California, and at Galleria Dallas in Dallas, Texas. Effective June 4, 2007, we and the landlord entered into a definitive lease agreement for the Howard Hughes location. On October 25,
2007, we entered into a definitive agreement to acquire the leasehold interest and certain other assets of a currently operating restaurant in downtown Mountain View, California, which we intend to convert to the uWink concept and open by early 2008. We intend to utilize a mix of these two development models in the near term and to cluster company-owned stores in markets that we enter to achieve operational efficiencies.
Our longer term growth strategy is to open additional company-owned and/or company-managed restaurants in new markets and to franchise our concept, focusing on multiple-unit area development agreements with experienced operators. We are ultimately targeting a mix of one-third company-owned restaurants and two-thirds franchised restaurants. We expect we will also seek to generate additional revenue through the sale of our proprietary tabletop terminals and related software to our franchisees. In addition, we believe that our concept is well suited for specialized locations, including airports and schools, and are pursuing opportunities in these areas.
We are targeting 6,000 to 10,000 square foot locations in high traffic areas as the sites for future restaurants.