Replies to post #18763 on uWink Inc. (UWKI)

[Rawnoc]

You MUST be drunk. 0.04% of 11 million = 4,400 shares. Total cost = less than $3,000 using your numbers. A far cry from $200k, LOL

[Netman]

NO, Cost noted as $27,600, not 200K TBG.

The record and beneficial stockholders who are eligible to participate in this Offer hold approximately 23,000 shares of the Company's common stock. This represents 0.2% of the total number of currently issued and outstanding shares. As a result, we do not anticipate any material impact on the relative stock ownership of the remaining stockholders.

Also, IF ALL eligible stockholders participate in this Offer, we expect to pay approximately $27,600 in the aggregate to purchase these shares, including the $20.00 payment to each stockholder to reimburse our annual servicing cost. As a result, we do not believe the completion of this Offer will have any material affect on our financial condition or results of operations. Purchases of stock and reimbursement of our estimated annual servicing costs will be funded with our cash and other liquid assets. We do not anticipate borrowing any funds to purchase shares in connection with this Offer.

All the information (of course) is in the filing...

http://knobias.10kwizard.com/contents.php?ipage=6014693