InvestorsHub Logo
Followers 31
Posts 3557
Boards Moderated 0
Alias Born 07/28/2007

Re: clearwater2 post# 18600

Wednesday, 11/19/2008 12:16:47 PM

Wednesday, November 19, 2008 12:16:47 PM

Post# of 19383
So I was incorrect on everything else eh? Just with that one little exception? lol... thanks.

I really don't know what is going to happen here.. It would help if uWink would say/ do something other than their present course. I can compare it to another company I follow. AZD (Azure Dynamics). They build hybrid drivetrains for vehicles. Have a relationship with Ford (another winner...).

They are currently at .06. They are selling at negative gross margin right now. Looking for that big deal.

Some time back they got a PP with a Pension fund at .25, to my surprise. Usually financing would be at a premium to market, so the price was a surprise. They got enough for 8-9 mo. more. That was 4-5 mo. ago. At the time of the PP, the price was .17.

So UWKI at .10 is probably a pretty good bet, given the people involved and all factors. But you could get screwed... if you look at Nolan's Letter to Shareholders and what has happened since.. you have to think that management's commitment to shareholders is not really there. A R/S or something else detrimental is not beyond reason. I would think another R/S would not be taken very seriously by anybody.