Tuesday, September 23, 2008 12:39:18 AM
Worth Repeating - From 10-Q Filing 08-15-2008
We are an entertainment and hospitality software company. We also develop and operate an interactive restaurant concept named "uWink" that incorporates and showcases our entertainment and hospitality software.
Our software is built using standardized "Web 2.0" technologies, including RESTful API, Flash, XML, Java, and Linux, which we believe facilitates resource-efficient internal software development and INTEGRATION with THIRD-PARTY software partners and content developers.
Over the past 18 months we have spent significant time and effort developing and refining our technology, a process aided greatly by real-time customer feedback and stress testing in our 200+ seat prototype uWink restaurants in Woodland Hills, California (which opened in October 2006) and Hollywood, California (which opened for business on June 17, 2008).
Based on this experience, we believe that our hospitality and entertainment technology:
o is a differentiator, increasing customer traffic;
o provides unique revenue streams;
o increases transaction speed and order accuracy;
o increases customer loyalty;
o increases average check; and
o significantly reduces labor costs and enhances labor efficiency.
We also believe that the technology we have developed, and are continuing to develop, can be deployed more broadly in the hospitality and public-space markets including in HOTELS, CASUAL / FAST FOOD RESTAURANTS, BARS, APARTMENTS, UNIVERSITIES, STADIUMS, THEME PARKS, CASINOS, AND GOLF AND SKI RESORTS.
LMAO!
http://www.sec.gov/Archives/edgar/data/1108699/000101968708003722/uwink_10q-070108.txt
We are an entertainment and hospitality software company. We also develop and operate an interactive restaurant concept named "uWink" that incorporates and showcases our entertainment and hospitality software.
Our software is built using standardized "Web 2.0" technologies, including RESTful API, Flash, XML, Java, and Linux, which we believe facilitates resource-efficient internal software development and INTEGRATION with THIRD-PARTY software partners and content developers.
Over the past 18 months we have spent significant time and effort developing and refining our technology, a process aided greatly by real-time customer feedback and stress testing in our 200+ seat prototype uWink restaurants in Woodland Hills, California (which opened in October 2006) and Hollywood, California (which opened for business on June 17, 2008).
Based on this experience, we believe that our hospitality and entertainment technology:
o is a differentiator, increasing customer traffic;
o provides unique revenue streams;
o increases transaction speed and order accuracy;
o increases customer loyalty;
o increases average check; and
o significantly reduces labor costs and enhances labor efficiency.
We also believe that the technology we have developed, and are continuing to develop, can be deployed more broadly in the hospitality and public-space markets including in HOTELS, CASUAL / FAST FOOD RESTAURANTS, BARS, APARTMENTS, UNIVERSITIES, STADIUMS, THEME PARKS, CASINOS, AND GOLF AND SKI RESORTS.
LMAO!
http://www.sec.gov/Archives/edgar/data/1108699/000101968708003722/uwink_10q-070108.txt
uBuy until uSell - uWink, uWait, uWin! - Netman
I base my trading decisions on my own DD, research, evaluation, constant re-evaluation, insight and information. Everyone should do their own DD, and constantly evaluate their own conclusions IMO.
