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There is only one person that can win out on this, without ending up in court or worse.
Think about it. People believe in you because you had success before in two industries. You combined the two to make one for a big grandiose attempt to cash in before you call it quits and retire. A giant scam but HEY if things take off, even better. I can read his mind already. THAT'S why you don't see much of an attempt to revive this or release any PR etc etc. No one will call you out on it, because hey - that's what happens to the restaurant biz all the time right?
Nolan is a Shark, refer to my previous posts. Watch out, he doesn't care about anyone but himself and appears to be rather cocky about it. Not that he isn't a good business person, that could result in trickle down $$...but for the most part the only thing trickling down with this pump and dump is poop from the under attended bathrooms.
Tech in a eatery will occur.
One of the techs you will see more of: (Which you can bank on imo).
Directional audio, table surface controls and adjustable volume.
Pay for the songs that will be placed on your bill, draw on the table for the kids and parents can play a game of checkers or chess while they wait for their foods.
Directional audio is no big deal, but it's coming along even more. I can put a directional speaker above you, and if you walk 2 feet off to one side, you will barely hear it. The closer it gets over your head the better.
This is the tech I think we will see possibly with higher bench walls to ensure 'rowdiness' doesn't spread from those just trying to enjoy a mellow dinner vs those wanting to rock out a bit.
No offense but if you are hoping on license deals for technology through this company I think you better look into the tech a bit more.
It's nothing special.
There are companies working on far superior products that would work in appliances, tabletops, bartops etc. Limitless possibilities with graphics that are far superior than the cheesy 16bit 2nd gen graphics they are using at uwink.
I'm not trying to bash but whenever I hear them trying to pump the technology, instead of the food/fun concept that's when I know this biz isn't working as they had planned.
Those that live in a big city and have visited decent 'cool fresh new' restaurants, know that this is a slight slight slight difference between what is already out there and what they have.
All I would hope for is that they have some SERIOUSLY fresh changes in place, that the current stores are just R&D for a soon to be booming biz.
yea but guys, hype aside - this stock has no earnings per share, no 'real' expansion, no cashflow, no CASH....heck I'm still wondering how it's holding here!
Look at SiriusXM. Already projected to have ACTUAL earnings (finally) and yet it trades at only $1.30/ share! That's amazing!
And we attempt to compare a two restaurant company to THAT?
Come on...ihub stocks are hype or dump...that's all.
But at least this is a real company. 99% of the others on here are scams.
IT doesn't take a genius to figure out what resides on Ihub.
Scams, shams, fakes and fraud, pump and dumps and of course the ever elusive 'real' company that should not be trading public yet they feel the should be.
Any company worth anything that wants to truly trade to raise money to grow is going to put together a solid business plan, backed by a long standing accountant(s) who put together solid financials for all to witness.
Sirius radio is losing money, but IS a valid company. They have many subscribers and a real product. Their overhead is about complete and with xm out of the way, the decision is clear who to pick (as there is only one!). This will only raise profits (or at least hopefully cause them to break even!).
Yet they are slammed day in and day out as a non company that will no longer be. Sub $1 soon some say.
Come on. Do you really need to look at the differences between a company like this one and a real company?
How many people have to lose money on Ihub before people stop realizing the risks in what this site has become know for?
Visit Salt Lake sometime. It's a little Canada. The people are almost the same.
If it's only B then he's an idiot. There are already co's doing this and much better.
Who is going to really visit these locations unless you live 1 state away or less.
If you have THAT much in this stock, then you must have more faith in it than anyone on the planet to justify the travel.
I would never put that many eggs in a pennystock basket that it would warrant a hands on detection.
Hmmm could be...
Very odd this stock is.
I must watch this more closely on ST from now on.
Why are the bid and the ask so far apart?
Seems odd. Not to mention a whopping 600 shares traded thus far?!
7 employees lol!? Traded company that sells anti spyware software lol?
Come on, I've seen it all on Ihub but THIS takes the cake lol.
It's not even an attempt.
I give it 6 months before at least one person is in jail.
Refer to CKYS lol.
Welcome to liberal news run America. Soon to be Amerika (with two swords crossing over the flags).
You sir, at least are not drinking the kool aide that the economy is bad.
Sorry people made poor decisions about their house loans, but I for one am sick of paying my taxes to bail people out.
I too was in IT and became ill. I couldn't work and couldn't find a job when I was able. I couldn't get any help because I made too much money and didn't have a buncha illegitimate kids, so I was denied help for paying some bills and was almost homeless and getting sicker.
Needless to say, it's a pretty sad state when those that don't give two craps and don't try, can get all the help they want in government payouts, while those that pay 97% of the federal tax for years can't get help when they need it.
I'll go ahead and step off my soapbox now but will leave you with a few words. The economy is not bad. Stop drinking the kool aide and listening to the biggest do nothing liars on this planet. If you want to see bad, look into what things were like during the 80's compared to today. They really were not THAT bad back then compared to the great market crashes etc etc. The reason for the 80's economy was because we listened to idiots believing that we can just hold out our hands and fruit will be placed into it.
Everyone knows that isn't going to happen for too long until the bushel is empty eh?
IMO Nolan has people helping him run the company that need to just site and watch him, while also ensuring he is with his wits.
Plenty of rest and good diet while he makes the major decisions, and has a few people making the less major with a possible final veto ability on his part.
I THINK it's family and I THINK he needs to tell them to sit down and shut up.
JMO of course.
Chuck E Cheese didn't sell pizza. They sold a new experience. Totally new. At a time where it was not common to say the least to see giant moving cartoon characters singing, carpeted mazes and loaded rooms full of video games that was outside of an arcade or amusement park.
Oh and the pizza was pretty damn good (was) too.
Video games would have to be virtual reality systems today.
The puppets would have to be able to interact with the customer.
And the pizza would have to be really good for all things to be equal.
UWink as I see it hasn't breached that boundry of OH WOW, this place is COOL and REALLY different.
However (without being there as far as I can tell) it does have a new approach and a new look over most restaurants. I believe however, they need more booths than tables. I get the sense that people are bumping off of people and that the systems that are in place now aren't working well. The orders are coming out different than what was ordered and it lacks the ability to summon someone quickly to intervene for help until it builds a following that will teach and streamline.
That said - what's should the PPS be?
Heck. There is a major drug store chain with too many stores to count, that is trading under $4!.
Like I've said before, you can't always justify the price per share based on what a company does. There are too many factors that are reactionary that inflate or deflate a stock.
Personally, I think the bottom has been reached. It's undervalued at under a dollar and is a good buy at that price.
IF that is, Nolan was committed to keeping these resturaunts open for many many years. I would also like to see plans to open 5 or more restaurants within the next couple years too. That would put the confidence back to make people believe this is going to be something real some day.
Ok this is ridiculous now. This has lost what...over 50% of its value in less than a week. They opened a new restaurant - not the cure for cancer! Why did all these people expect such great things because of another store opening? THEN dump when things didn't get SUPER great rave reviews.
1. It's in cali. They are never happy...with anything.
2. It's in cali. There will probably always be a crowd soon, thus generating $$$ and word of mouth.
3. It's in cali. Big money flowing around the areas of these stores, and of course where there is big money, there are people lined up to jump into it...eventually.
I honestly thought the bottom on this was 1.24...at its worst. This took me by surprise and if it hits less than .70 then I have no faith in anything anymore lol.
Anyone have any comparison to other restaurants with 2 stores open, IE price, build up/hype etc?
I can only think of one which was a pizza chain that didn't do very hot...but that's pizza and really can't compare the two.
I honestly never thought we would see the .90's again but promised I would get in now so I am...
To see the decrease that was received today was pretty alarming considering where it was, which even then was short of expectations that I've read in here.
Anyone care to speculate where we go from here? Nolan has to protect him and his somehow.
Thankfully, although I think he is a shark - this is one of the only stocks on ihub where the corporate officers seem trustworthy to at least some degree.
Man if you believe anything in penny land has anything to do with reality, then well you're gonna lose money.
Buy on the hype - the better the hype the better the price - SELL on the news....bad OR good! (unless it's something like google loves them and wants to help open 50 more stores).
All my opinion of course...
To buy at .90 fyi..if it ever happens WHICH almost did.
It'll be better tomorrow guys, cheer up. I'll prolly never hit that point and will have to sit idle for another opportunity.
Fools. All they were doing was buying a certain amount of a product from another company that would allow them to stamp their name on it. They had no manufacturer or development roles what so ever. They were DISTRIBUTORS, nothing more. AND, they were publically trading when they barely had ANYTHING to sell to begin with. They wouldn't even fill up a radio shack with their inventory, come on - get a clue people. Everyone saw this MONTHS before the end.
Wow lotsa words. You people are thinking too much into this. This is a penny stock. It makes no sense.
You could have something happen that SHOULD raise the price up like crazy, and have the total opposite happen. It's been happening for years and will continue to happen.
Think too much into penny stocks and you will lose your shirt imo.
Nolan is a shark. Gotta watch him carefully. He's likely already made ALOT more than anyone would if they actually owned a chain and had it profitable for many years. He's old and trying to make some bank to enjoy and leave for his family. That's MY way of thinking and I believe it to be true. Be it with a flourishing company or figuring out a way to reap the benefits of a stock that shouldn't be traded that is, giving him instant bank while he leaves something to slowly be built on.
After watching this, in 5 years I believe it will still be around $2 and maybe have 5 stores. BUT that's just my opinion.
There's alot more stable growth out there that will roll faster that I won't have to worry about every hour of the day like a penny stock.
Soft Opening Woes - geesh! Get a grip. It's no big deal.
Have you ever built a brand new house only to find out that maybe one of the toilets doesn't work?
Have YOU ever started a business and realized OPPS I forgot about handicap parking issues.
Have you ever planned a great vacation and forgotten to pack your swimtrunks and sunscreen?
You don't fly home because you forgot your shorts, you don't move out because the toilet doesn't work, and you don't close your business because you made some oversights.
Sounds like CA is 70% working class, 20% slackers and 10% whiners. Unfortunately you only hear from the 10%, and the 20% want something for nothing and expect you to give them everything in life. The other 70% who actually really matter will support this new biz and it will flourish. Give it time.
Deleted ticker symbol?!?! What happened here? I hope it's just moving markets or changing?
I hope they hang this guy. I was blasted for telling people why would a company use their products when all they do is co-brand their products. They didn't engineer them, someone else did - a distributor/manufacturer.
There are a million things we could all go out and get funding for, co brand and eventually make it ourselves - but to sell stock in the company for an idea that is as old as taxes and prostitution - well that's ridiculous.
I was a believer until I actually did my DD. Drank the coolaide until I opened my eyes. But I guess that's anything in life. You want to believe in something, and believe you are going to be in on something good like a google or something innovative. Being in the industry, I knew this was what they were doing. The guy didn't seem smart enough to formulate a corporate business plan let alone pump his own gas, that lead me to investigate things further and to be honest, I'm one of the ones that was glad that the SEC stepped in.
If the SEC was smart - they would just sit on the hot boards for Ihub and investigate the top 20. 99% of them are scams, nothing more.
Why a 10ksb and not a 10k? I don't understand. Wouldn't a company this size be require to file a 10k and not a 10ksb? I'm confused as to what is going on. Is this just a temporary thing or??
Zzzzzzzzzz this has been a real sleeper as of late.
Usually these chain restaurants come out huge then just leave many holding shares worth half what they paid for them.
At the very least, I'd say the 1.26 target I stated before is a nice solid level at which I think this thing holds very solid even at rather slow progression of the company.
Hope they open for real, and it goes well.
It'll drop to 1.32, bounce back up past 1.40 then back down to probably 1.20. Just my opinion of course.
This is EXACTLY what I was talking about with TGIF. People seemed to think my statements were off base but, I knew the lady mentioned what they were going to trial or HEARD they were going to trial when I discussed Nolan's tech with her.
Yes Nolan better get moving. The $ is not in the restaurant, it's in the computing itself. He's trying to couple the two in a perfect marriage but he is moving WAAAAAAAAAAAY to slow and the price is reflecting this. If M$ releases this public, UWINK is going to shake and thus, again I'm sitting on the sidelines again until I research more.
Maybe I'm a doomsayer or whatever, but I know when I was in other situations where they were 'first', then a bigger faster badder company comes in and does it twice as good, twice as quick and twice as cheap - I end up looking like an idiot not thinking outside of the box and wearing blinders.
Personally, if I were in this I would have to seriously research and possibly make some calls about M$ version of this.
On the other hand, with Microsoft I still remember microsoft BOB or Windows ME or Vista for that matter and think - it can be done better than M$ easily with better planning and implementation. M$ is not perfect (refer to above product flops)
Nolan is a shark. The only thing you can hope for is the scrapes that fall behind him. HE and HE only will come first, if there is more 'food' in other waters, he will dart off leaving you far behind. This is his track record. Don't get me wrong, not saying he is a penny scam master like 90% of the stocks listed on Ihub, but he IS a shark and has a history of doing what he needs to do to ensure his bottom line is very healthy...if he feels it is not, he will do whatever it takes FOR HIM with not much regard or regret for what he leaves behind.
I've done some extensive reading on him and his past. Smart guy and as long as he sticks with UWink, which I think he will for his daughter/family - I think there is the potential for MOST people to make money.
Just my opinion of course....
wow, the nazi news really has more power than I thought. They report and you react. Sorry but that's the entire market now adays. Very sad. Lemmings everywhere it seems. And it shows in the reflected price of this stock with the sharp 14% drop.
Wake up and make your own decisions, stop running on emotion people.
If you are too stupid to make your own decisions, then maybe you want a socialist society like our current politician front runnings are trying to implement. Big government = big reliability on government to live your life for you..
Sorry but if you sold today, unless it was a long time coming decision - then you fall into this category and shouldn't be in the markets.
I could write a program, setup the systems with the screens, and implement / retrofit flash games in under a year - by myself for this type of product. TGIFriday's would hardly have to do anything wacky, in fact it would fit into their system very well.
Not saying it will replace waiters, but you could summon a waiter, play games and maybe order drinks from a bar. Deserts etc etc.
They already have the play games nationally thing. It's huge there. You use touch pads that are old and archaic. I heard they are coming out with a BIG BIG new system for places like this that use these system. I've also been to newer resturants in the area that have had touchscreens at the tables where you could summons a waiter, play music, play games etc.
It's nothing new. UWINK is putting ALL the good stuff of ALL The restaurant experiences into one neat package with a very artsy feel from what I've seen.
Not to degrade from the validity of UWINK, but TGIFridays WILL be the biggest chain to implement SOMETHING like what Uwink is reporting as one of their biggest draws...the consoles. It may not happen this year or the next, but soon I believe. I know they are upgrading their national game system very soon. They are also adding more 'digital experiences' throughout the store in their newer higher profiles stores as test markets. I did work for a TGIFridays recently and asked a million questions while the Regional Manager watched over me like a hawk. They are propelling themselves forward in the coming future and focusing on retaining their 20s-40s crowd that pays their bills.
Dont be surprised if TGIFridays tries to pull something like what UWINK is doing with touch screens.
Not to burst your bubble but CBR is trading at what...less than $5 with 1 billion on rev and 8k in employees?
I think the only bottom I look at as what it was before maybe with no major changes in a company....
I'd like to believe that is the support level, but only time will tell. The fact that it didn't jump back up toward 1.50 kinda gives me the idea that you are right, but I've been wrong about this before and burned by it.
Honestly I knew it was going to hit around 1.25 awhile back but thought this would about happen where we are sitting around 1.30...so things are going as I suspected. As long as there isn't any drops down to 1.15 or so, I'll have a good sense of this. Until then, still have to watch and just wait.
This WILL be a billion dollar company and right now although a bit overpriced imo, will be a bargain soon enough. I expect some movement from them in the coming months. The press invite tells me that inquiries are drying up.
I think they are using the inquires to learn more about their structure.
Well my target was hit and it looks like it was hit again. What should I do (Sigh).
I called a 1.26 awhile back, I also mentioned prices in the 80s if this doesn't hold firm. Was almost sure it was going to start back up again. Not sure what to think. With the media yelling the economy is in the tank, I can't imagine this is going to be a strong buy for me at the moment. I'm gonna watch this all day, very important day today with UWink.
On a side note: don't believe the garbage you hear with the news. They ONLY report the bad because people are mindless drama kings and queens. After all, Jerry Springers show doesn't take much effort to create and has been running for years and years solely on negativity and drama.
Negative drama SELLS (ie the war in Iraq). They will FABRICATE stories on how bad things are going over there, even if they are the furthest from the truth. We are kicking ass and taking names over there in the past months, not a peep from the media about this.
So keep this in mind before you start dumping all your money for gold to bury in the back yard. Not saying you should sell or buy any position, just want some of you to be aware that you are falling for a very slippery slope of a trap whereas the media would like you to believe that your life is crap and that change is required. I think most of us have NEVER seen truly hard times in our country like some of the much much older folks have and have no true idea what REAL unemployment and extremely high interest rates are!
(gets off of soap box now a bit embarrassed) hehe.
Soon to be deleted, like 99% of the crap once popular on Ihub.
This company cobranded devices made by another company. They in essence, put their logo on a product by a company that sells impulse buy products at places like kmart etc whereas the product you are getting is garbage in comparison to 'big name' storage companies.
To have investors involved was the scam. If anything, this shoudl have been a very small home office operation selling to local stores there in salt village. Instead, he (plant) tried to take it to a higher level and figured that by cutting corners and wowing people he could take it to that level. Unfortunately, he got caught - people figured things out eventually too.
Not a scam in the sense of, he wanted to take money from people and run, but in the sense that it was a HUGELY inflated company in the sense of what they do and what they offer. It was a nice change from the stocks that promise they will do something (cure cancer, turn dirt into energy, harvest submerged amazonian river logs)...alas - a promise of not is still a promise of not.
Wouldn't be a surprise to me. And it isn't to Nolan either, don't fool yourself. The guy is SHARP.
February is usually the start of the ramp up, then march, april and may become the BIG bolster sessions for the summer months.
I've seen it a million times. It's a giant flip-a-thon.
Nolan will make GOBS of money, and have a product to show for it in the end.
I'm in the opinion that this stock isn't worth a buck. Promises with a tangible couple million dollar operation is worth about .50. I don't think it will drop below .80s if it dips below 1.00.
If it dips below 1.00, it will probably crash quickly, followed by a retrace back beyond 1 holding but on no steady grounds. Then if it doesn't keep slowly going back up, we could see that 80's range.
I'm serious when I think, 1.26. But if there isn't anything to hold that # up, in a few months it will be .80s.
That's not uncommon for someone to get his family into something, pump it, tell them when to dump it, then let it dwindle away during a carefully orchestrated maneuver. Are you new to penny land?
Not saying that is what is going on, just saying from what I've read and what I've seen, I don't trust him THAT much. I DO however have SOME trust, which is far better than what I have in 99.999999999999% of the other penny stock 'feature film ceos', that seem to love the spotlight, even if negative and are pathological liars.
Malls were created for the reason stated in the article.
To get away from the 'culture' and to mix and mingle with like minded individuals who create and work in 95% of the countries economy. The lower middle to upper middle class.
Then the trash came through.
Personally, the mall carries nothing but junk anymore to carry a profit. Stores lose out, while I do most of my shopping online to get what I really want. The local stores don't hold a candle to the prices that a non B&M can produce.
Restaurants are something we hit for the purpose of eating out. Rarely will we traverse further than 5 miles to eat out unless there is really something good out there. Were I live, on a Fri or Sat night - it's nearly impossibly to get a seat at the local TGIFridays or Chillis etc etc.
I personally think they should shut down the malls, turn them more upscale a bit and make them a private club like a Costco or something. Diversity yes! Dirtbags and loafers, NO.
Places like Uwink could flourish in such situations.
I've done alot of research on shopping habits and know my own. No adays, you can't goto the doctor to get fixed. Today, the doctor is more like a 'doctor' and just one step on the way to health as you go to specialist, separate buildings for blood work, etc etc etc. This all takes TIME.
IT's seems all of America has turned into the health care system. A long arduous process to get anything done that SHOULD be a much easier process. There is a reason behind this and without boring to many people, I will digress.
Needless to say, Uwink has a great idea as I said. The non mall stores seem to be picking up a bit. Xmas sales are the exception. Goto the local strip mall vs the mall to a shop, and the difference is night and day usually if the two or close in proximity.
I think Uwink will flourish in the future if they just nail down what it IS they will be. Another Dave and Busters? A mix of high tech, with touch of relaxing higher classed foods? Who knows what they will finally decide on, but I think the formula is still in the making, and that's what is being work on...and that is what is taking time (and of course money)
patience is short in penny land, too many burns not enough ointment.
:)
Well I was slammed (I believe in here) for stating that Nolan is a shark. He cares about himself, his family and THAT'S IT. He did it in the past, bragged about it on a documentary, and will continue to due so.
BUT, he also wants to continue to make money and probably doesn't want to land in jail. He has put himself out there pretty far. If there is nothing actually in the works other than a giant overpriced restaurant to cause buying, he would be in some serious poo to say the least.
I can't imagine that this guy doesn't have anything in the works. I'd like to believe they are streamlining their operations and profit margins. It's hard to franchise a product that you aren't really sure of. What product to sell in what markets. What to charge for those sales, where to consistently get the ingredients and how to prepackage them / what to prepackage. How to setup stores, the tech, etc etc.
It's ALOT to work on and, they have to ride that fine line of WHAT IS AMERICA WILLING TO ACCEPT. We are not very open to new and crazy things. And if the staff isn't working on it's toes and we go there having a bad experience, not many people go back very quickly without heavy advertising on a non chain restaurant (which is what it will look like to most of us).
I would personally like to see one around here.
However I would personally like to see ANYTHING from them.
It's already sunk..
Long gone are the days of yesteryear and promises.
This is as dead as dead can be.