uWink Inc. (UWKI)

[Netman]

The Only Real Question is of Future Valuation:
(as I have NO reason to distrust them, past or present)

Considering that the new uWink Interactive stock will be privately held by shareholders (not listed on any market for trading) I would anticapate that such a Future Valuation will be given much later on (IE: About 20-26 months) After... they have greatly built the Technology Business Division...and have Hopefully secured many major and minor deals...

Such a future valuation to either become (again) Perhaps a Traded Security at a much better premium value... OR (the Much More likely conclusion that is to come IMO) they are later Perhaps in a very viable position to be acquired by / or merge with a company such as MICROS at a greatly enhanced premium value to shareholders (anyone interested in Micros info can review my IHub post 17826 for some info on Micros).

Again...Such a Valuation may happen sooner or later (or Not at all of course...), depending on what happens with specific deals in the works (Now / Later On) for instance...but... I've set my own estimation timeline as 20-26 months out...from this spin-off, which is a realistic time frame to me...

BTW:
Micros serves 70% of the POS Market, and uWink Already seamlessly integrates / interfaces with Micros applications.

As already discussed..., Shareholders will receive a share of `uWink Interactive' for every share held as a uWink shareholder (to be received later on sometime after 1/15/09, after the spin-off occurs). These of course are to be `uWink Interactive' restricted shares.

2) Another real question is in regard to the OTHER stock (the one that we have right now) and will it actually be traded on the pink sheets at some value...based on the Restaurant business (uWink California). - I only know that move is Their intent per their filing, and must presume / hope that change will actually happen (since it will not be on the OTC), and we will own our respective parts of the two divisions, via two seperate stocks. - Yes, I know/Agree No current shareholder of course currently really `wants' the pink sheet listing vs the current OTC (no doubt), However... this is the current reality to be..., and I have to play the cards in front of me... - I do believe (and also understand why) 'They' (as a seperate Technology business) Expect to be in a much better position to secure Major Technology Agreements, as a Seperate Private Company (I am not going to list the reasons why, now or later, on this board).

3) Another real quesion is Financing:
And Part of That Answer is in SC 13E3.

"We expect our operating cash needs for the spin-off company to be approximately $1.4 million for calendar 2009. As of the date of this document, we do not have a definitive corporate and capitalization structure for the post-financing spin-off company to report to shareholders, as we expect those to be finalized during the capital raising process. We intend to provide that information in the information statement to be distributed to shareholders describing the spin-off (to the extent determined at the time of the spin-off)."

"We do not currently have plans to seek material additional
investment capital for the Restaurant Operations business."

The other part was in their November Q: "WE CAN CURRENTLY SATISFY OUR CASH REQUREMENTS FOR THE NEXT 6-9 MONTHS." - IE: The money that they have now is not supposed to be routed to the Tech Side - Intellectual Property, Tech Licensing Aspects, etc. etc. are all to transfer.

FWIW: A Current (and brief) 2009 Buy / Hold Stratagy:
Anyone (myself included) considering to be Buying the current stock going forward, simply depends on wether one can afford to sit on such New Money...for most likely a couple of years... I myself will carry my 225K (what I own) forward into the New uWink Plan (and receive my 225K shares of the Tech Side). - And... if the purchase PPS becomes available at say 5 cents... before the current OTC stock is delisted, I and others I know, would consider acquiring Many More Shares.

Regards, Netman