Replies to post #5783 on uWink Inc. (UWKI)

[TipJensen1]

I already did. The number is 50% not 25.

40 multiple = 5 share/x earnings
40x=5

x=5/40 or 12.5 cents per share.

12.5 cents*19 million shares outstanding = $2,375,000 in net profit to justify a share price of 5. How many restaurants are needed to get to that much profit? For BWLD, it's about 100. If UWNK is 50% more profitable per location than BWLD, it's 75.

Now, full dilution according to RAWNOC is be closer to 36 millon shares, which would closer to 150 outlets.