uWink Inc. (UWKI)

[at_the_track]

OMG, you people are unbelievable. Raise $50mm? For what? If they can build out a restaurant for $1mm, at most they will build out 10 in 2-3 years. For $10mm. What do they need the other $40mm for at this time? If they build 10 debt free company owned locations, that should be more than enough to support their expansion plans, PLUS they are getting royalty and franchise fee from the new franchisees. This is more than enough free cash flow to support their expansion. What are they going to do with the other $40mm? Pay bonuses to the execs? Increase their pay and allowances? The dilution here is staring right at you? Somebody please tell me why they would need the other $40mm.