InvestorsHub Logo
Followers 1183
Posts 134793
Boards Moderated 3
Alias Born 08/27/2003

Re: clearwater2 post# 17684

Sunday, 08/24/2008 5:13:51 PM

Sunday, August 24, 2008 5:13:51 PM

Post# of 19383
You basically just repeated more or less what I just posted.

My only disagreement is that their cash will last them more than 6 months because you cannot use last quarter's results to get a cash-burn rate as they were during the seasonally worst quarter for the restaurant industry as a whole in Southern California. Summer and Xmas are seasonally far better and will have 2 then 3 restaurants instead of just 1. We agree on them needing either a cash infusion OR sell their technology or both. The only question is WHEN.

I agree...Woodland Hills is "bitching" lol. Hollywood is even better -- way better. I highly recommend you take a trip there. As many have posted in reviews, it feels like the Jetsons. Of course, that can be a bad thing if you're of the "older" generation that fears technology to the point of wanting to throw a napkin over the terminal. In which case you probably won't like it. :) Franchise units not being sold might be because of the economy, might be because of the high expense vs. profits, might be because of the young age of uWink. Might be because of Nolan's age. Who knows. I hear the franchise dude was either fired or quit (I forget which) so maybe it's his fault. Who knows.

Raw