uWink Inc. (UWKI)

[the big guy]

while your basic thought may be correct (they may not have enough money to open more restauratns without going to the market), you are overstating the cost of the restaurants they have. H&H cost them 1MM. MV will cost another 1MM (guessing). Their main problem to-date is that they so not have operating income, in fact an operating loss. This will be corrected when the third place is up and running. They have I think 5MM in the bank now, so another restaurant is probably possible, it is just that franchising is more lucrative.

I have not tried to forecast their Balance Sheet/Income Statement after MV is open... got to factor in some operating losses as the new places build their business, and the 1MM for mV.