TBG: part of your answers are in their 8-K
"On December 17, 2007, the Company entered into a definitive lease agreement with CIM/H&H Retail, L.P. to open a new restaurant location at the Hollywood & Highland Center in Hollywood, California. In addition, the Company has signed a definitive agreement with H&H Restaurant, LLC to purchase certain assets of the restaurant that had formerly occupied the space to be taken by uWink. This transaction remains subject to the satisfaction of customary closing conditions, including the issuance of a building permit. Assuming prompt closing of the transaction, the new uWink restaurant is EXPECTED TO OPEN IN APRIL 2008." - If all goes well...it may happen by Mid-March.
HH: "On December 4, 2007, the Company terminated its definitive lease agreement with PASSCO Companies, LLC et al., relating to the opening of a new restaurant location at the Promenade at Howard Hughes Center in Los Angeles, California. The termination was as a result of certain permitting delays relating to the Center's conditional use permit that prevented the opening of the restaurant within the timelines provided for in the definitive lease agreement. Moreover, the Company has, at present, determined not to pursue a renegotiation of the terms of this lease because the Company intends to focus on less capital intensive real estate opportunities as it executes on the growth plan for its uWink branded restaurants."
RE HH:This conditional use permit, permitting delay was the Only reason.
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