uWink Inc. (UWKI)

[Netman]

OK, Let’s get six things straight - IMO.

1) SEC Doc: “A registration statement for the sale of up (to) $15,000,000 of our common stock and warrants to purchase our common stock has been filed with the SEC and was declared effective on August 14, 2007.”

Therefore, they are Not obligated to raise 15M, Nor is it likely that they need anywhere near that much to do what needs to be done now, or really want / need that much (when they filed, or at this time). So please kids, stop posting 15M like it’s a fact, and then dividing by shares.

2) To Quote Scandalls… “They are telling people they will be profitable with 3 restaurants and have 4 or 5 company owned and franchised restaurants planned for early 2008.”

You all can review uWink press release’s yourself, and you all own a calculator if you doubt the profitability statement. Now…Let’s examine just how many millions they may really need now... Let’s just assume they want to open 3-4 places soon…, is 7-10 million enough, or 4-6 million? (see #1 above) Let’s Suppose a couple perhaps are maybe existing retrofits (like Nolan has talked about doing many times to cut costs). Have you all looked at the likely build costs or franchise costs I posted a long way back (if not - their franchise profile has been on the website awhile now). If retrofits, 2.5 to 3 million may well suffice for two such new places.

3) The ‘volume’ while we are in UWKI purgatory means little…at least little of later consequence to anyone I believe, when we later on become AMEX UWW or perhaps UWK. It may soon mean a lot to those later on, that have the means now and/or will, to now buy or sell UWKI now…

3a) The Price.
Yes, it really does su_k to look at UWKI volume AND it’s price drift down right now if you own any shares at any higher avg cost (like me, and also you reading this IMO post).

4) The one and only Current Restaurant – I am not going to get into how Great the California Restaurant is doing. You all should already know this by your own DD. And I have already written numerous posts regarding that topic (like 13183 and many others).

5) The ‘Merryman’ MOJO: My Own Opinion…THEY NEED TO GET IT DONE BY 4PM 10/23/07 or FIRE THEM or PAY THEM OFF and get this matter done…, with whatever funds they currently have raised to Move Forward. - Still My Opinion: IF the offer $$$ is perhaps not where it needs to be (per uWink people) by 4PM10/23/07, then perhaps it might be a darn good idea to just drop 1 uWink opening plan for now…, and to rock on with the others… that could be happening.

6) Quite Period: The longer this goes on, the longer we All stay in UWKI purgatory (Shareholders and uWink People). The longer this goes on, the more chance that folks already in uWink stock may panic sell. And the more chance, others lose interest because uWink is having a “Quite Period”. Personally I hate periods, bleeding is a bloody Bit_h.

RE: ME - You all should know my Investment philosophy - 'uBuy until uSell' --Which means my total UWKI shares now held is 53,500 UWKI shares.

RE: uWink...uWait...uWin...
Yes..., waiting for anything it seems is something most people have real trouble with nowdays. - Viable stock returns take time, because viable companies take a long time to develop and mature.

RE: uWink: They have already accomplished quite a lot in it's short history, IMO they will accomplish a lot more... What uWink may very well be about to do, may very well greatly accelerate their stock growth.


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...