UWKI- uWink, Inc- Small Cap Penny Stock- Business Software & Services

[Evil-Eye]

Originally Posted by Foxtrot

Looking better, I dont know what king of news your looking for, Uwink is full of good news. You can throw the chart in the trash on this one. Just DD it.

Throw the chart in the trash? When is going to turn around then?

[Foxtrot]

Originally Posted by Evil-Eye

Throw the chart in the trash? When is going to turn around then?

I think it bottomed out last week. My thought is everyone is waiting for this offering to close. Thats going to give them the money to open these other places.
Merriman really fouled this up. They told me the other day, they were "wrapping it up".:o

There has been no volume most days for the past three weeks, everyone is waiting, the one day they came out with a PR on the latest location volume skyrocketed.
Level 2 shows bids as low as .01 and ask as high as 100.00.

[Foxtrot]

SB-2 filing

http://www.sec.gov/Archives/edgar/da...0667zposam.htm

Our Growth Strategy


We believe we have proven our concept at our initial uWink restaurant in Woodland Hills, California, as evidenced by the growth in revenue since we opened in October 2006. Following the grand opening of our initial restaurant in late November 2006, our quarterly revenue in Woodland Hills has grown to approximately $682,064 in the second quarter of 2007 from $557,907 in the first quarter of 2007 and $289,929 in the fourth quarter of 2006.

Leveraging this experience, our intent is to launch additional restaurants, both company-owned and franchised, throughout the United States and internationally. We are currently seeking to open three to six additional company-owned and/or managed restaurants within the next six to twelve months. In addition, we believe that our concept is well suited for specialized locations, including airports and schools, and are pursuing opportunities in these areas. We have also begun to franchise our concept, focusing on multiple-unit area development agreements. We expect we will also generate additional revenue through the sale of our proprietary tabletop terminals and related software to franchisees. We are ultimately targeting a mix of one-third company-owned restaurants and two-thirds franchised restaurants. Please see "Recent Developments" below for more information on our progress regarding new locations.

Recent Developments


In May 2007, we signed letters of intent for restaurant space in two marquee locations: The Promenade at Howard Hughes Center in Los Angeles, and the Hollywood & Highland Center in Hollywood, California. Effective June 4, 2007, we and the landlord entered into a definitive lease agreement for the Howard Hughes location. In July 2007, we signed a letter of intent to open a third new location at the Galleria Dallas in Dallas, Texas. On October 25, 2007, we entered into a definitive agreement to acquire the leasehold interest and certain other assets of a currently operating restaurant in downtown Mountain View, California, which we intend to convert to the uWink concept and open by early 2008. We believe these high profile, high visibility locations will greatly increase the value and recognition of the uWink brand. We intend to use the proceeds of this offering to complete the development of these four new restaurant sites, and to continue implementing our growth strategy of opening additional company-owned restaurant locations within the next six to twelve months.

In connection with the implementation of our growth strategy to franchise the uWink concept, we have formed a subsidiary, uWink Franchise Corporation, which will enter into agreements with our franchisees. On June 8, 2007, uWink Franchise Corporation entered into an area development agreement with OCC Partners, LLC for our first planned franchised restaurants. This agreement contemplates the opening of three franchised uWink restaurants in Miami-Dade County, Florida.

In addition, we recently announced plans to establish a separate joint venture entity in Canada with Jefferson Partners, a leading Canadian venture capital firm, to develop the Canadian market for uWink restaurants and related uWink products and services.

American Stock Exchange Symbol

"UWW". The listing of our common stock on the American Stock Exchange is conditional upon our compliance with all applicable listing standards, including a per share price of our common stock of at least $3.00.

[Foxtrot]

Today is the heaviest volume since last June, the offering is closing today, PPS is turning around. Stay tuned for good things to come.:D

[Foxtrot]

Up to days now is heavily increasing volume. Any one waiting, dont wait to long.
http://stockcharts.com/h-sc/ui?s=UWKI

[BadThad]

Nice looking chart, looks like a MACD xover forming, RSI is good too.

[Foxtrot]

Form 8-K for UWINK, INC.


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6-Nov-2007

Entry into a Material Definitive Agreement, Regulation FD Disclosure



ITEM 1.01. ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT
On November 5, 2007, we entered into a Placement Agency Agreement with Merriman Curhan Ford & Co., as the lead placement agent, relating to the offering, issuance and sale to investors (the "Investors") of up to 5,500,000 units, each of which consists of one share of the our common stock, par value $0.001 per share (the "Common Stock"), and a warrant (the "Warrants") to purchase 1 share of Common Stock at an exercise price of $2.40 per share. The Warrants have a term of five years and are immediately exercisable. The Warrants are immediately separable from the units.

We have received commitments, through executed subscription agreements from Investors, to purchase 5,125,000 units at a purchase price of $2.00 per unit. The net offering proceeds to us are expected to be approximately $9.2 million after deducting placement agency fees and estimated offering expenses.

A registration statement on Form SB-2/A (file No. 333-144029) relating to these units was filed with the Securities and Exchange Commission and declared effective on November 5, 2007.

This report shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any offer or sale of, the units in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.

A copy of the prospectus related to the offering may be obtained from Merriman Curhan Ford & Co., 600 California Street, 9th Floor, San Francisco, CA 94108, Telephone 415-248-5600, Fax 415-248-5690.





ITEM 7.01 REGULATION FD DISCLOSURE
The information required by this Item is incorporated by reference to Item 1.01 above.

The information in this item 7.01 shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that section. This report will not be deemed an admission as to the materiality of any information in the Report that is required to be disclosed solely by Regulation FD.

The Company does not have, and expressly disclaims, any obligation to release publicly any updates or any changes in the Company's expectations or any change in events, conditions, or circumstances on which any forward-looking statement is based.


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"We expect, without taking into account any proceeds from this offering, that we can currently satisfy our cash requirements for the next one to two months. We will require at least $8,000,000 in net proceeds from this offering in order to build out and operate our four new planned company-owned locations and to continue our current level of operations for the next twelve months. Proceeds from this offering, assuming that this offering is fully subscribed, will be used to build out our four new restaurant locations and to open up to three or four additional company-owned restaurants as our available cash permits. If this offering is not fully subscribed and we receive less than the anticipated amount under this offering, we intend to use the available proceeds to build out and operate the new Hollywood & Highland and Mountain View locations, which, together with our Woodland Hills location, should lead to corporate cash flow breakeven once the restaurants mature over the next 18 months."

"As of the date of this prospectus, we do not have any material commitments for capital expenditures. On June 4, 2007, we and the landlord entered into a definitive lease agreement for our new restaurant location at the Howard Hughes Center. We anticipate that we will expend approximately $2 million (net of landlord tenant improvement allowances) to build out this 9,300 square foot location, but have not yet entered into any definitive agreements to commence this process."

"As of the date of this prospectus, we are not in default on any material debt obligation."

http://www.sec.gov/Archives/edgar/da...0667zposam.htm

[Foxtrot]

uWink Completes $10.4 Million Equity Financing
Wednesday November 7, 8:26 pm ET


LOS ANGELES--(BUSINESS WIRE)--uWink, Inc. (OTCBB:UWKI - News), a developer of digital media entertainment software and an interactive restaurant concept, announced today that it has completed a $10.4 million registered equity financing. The proceeds of the raise will be used to fund new restaurant development and general working capital needs.
ADVERTISEMENT


Investors purchased approximately 5.2 million units at a purchase price of $2.00 per unit, each of which consists of one share of common stock and a warrant to purchase one share of the Company’s common stock at an exercise price of $2.40. The warrants are immediately separable from the units, immediately exercisable and will expire on the fifth anniversary of the date of their issuance. The net proceeds are expected to be approximately $9.3 million after deducting placement agent fees and offering expenses.

“This financing marks an important inflection point in the growth of our company, highlighting market acceptance of our concept and technology while providing us with the capital to allow us to execute on our growth plans,” stated Nolan Bushnell, chairman and CEO of uWink.

Merriman Curhan Ford & Co. (AMEX:MEM - News) acted as lead placement agent and Security Research Associates, Inc. acted as co-placement agent in this offering.

A registration statement on Form SB-2/A (file No. 333-144029) relating to these units was filed with the Securities and Exchange Commission and declared effective on November 5, 2007. A copy of the prospectus related to the offering may be obtained from Merriman Curhan Ford & Co., 600 California Street, 9th Floor, San Francisco, CA 94108, Telephone 415-248-5600, Fax 415-248-5690.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any offer or sale of, the units in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.

[Foxtrot]

Bushnell: A series of restaurants called uWink, that have touchscreen-ordering at the tables. All the walls are media. There are games that are created for groups and can be played restaurant-to-restaurant. It is a media-centric restaurant. It's got rave reviews, we're knocking it out of the park and we're expanding -- and we hope there will be one in Germany sometime soon.

https://www.spiegel.de/international...512798,00.html

They have previously stated there are requests from Dubi and Beging. As well as the deal underway in Canada. This company is either going to fail or make it very big.

[Foxtrot]

http://biz.yahoo.com/e/071116/uwki.ob10qsb.html