uWink Inc. (UWKI)

[I- B- N]

Would have easier for all if you had just copy/paste ?

(2) comments to “uWink Signs Software Licensing Deal with Chili’s, Also Opens 3rd Restaurant”
John Cross Says:
September 25th, 2008 at 9:30 am
Chris:

You come out and say this is a “licensing deal”. Where is the contract? What are the terms? I don’t believe there is a contract. This is a good thing, but only a pilot. The contract will follow likely next year… I think this is a bit misleading to people. Later in your story, you refer to an “initiative”.. and are using more accurate language. You say the terminals have been installed. Well, has money changed hands? Is there a contract?

Please be specific abotu what this is, and personally I think you should print a retraction.

Chris Fernandez Says:
September 25th, 2008 at 11:50 am
John,

The terms were not announced, but money did change hands.

The exact financial details of this deal will be laid out in the company’s next 10-Q.

uWink is not running a charity here, they would not have spent the labor and man hours to get this project going if it wasn’t going to lead to serious material revenue.

I’ll be detailing the exact breakdown (it isn’t much right now, but will be once the terminals are placed in other locations) in another future post.

Rest assured, this is a revenue generating deal.

Chris