uWink Inc. (UWKI)

[the big guy]

Your insistence that a business can not pay their bills, let the ST debt pile up, and stay in business is interesting to say the least. And now, there is no hope of paying those bills because there is no possibility to catch up by getting a magical licensing deal now is there?

I do think uWink will stay around indefinitely, but not in their present form, as depicted in those financial statements. uWink Interactive needs uWink Restaurants to test/ showcase their software. In fact, it makes sense to split up the businesses.. the Matching Principle.

that is an accounting thing Raw. You can always look it up. Don't feel embarrassed if you do not know.

I predicted that there will be executive departures. That will immediately remove cost from the books. That, plus cost reductions will enable them to stick around. They could always eliminate WH as well.

All I can say is they are 2/3 of the way into their next quarter, and yes I am damned curious what they are doing for "cash" right about now. Their financial statements are getting more and more interesting with every release. I would think that this is not the last announcement we will get from uWink about restructuring, refinancing, change.. wait and see.