Preheat the oven to 400F. In medium saucepan, combine water & butter. Bring to a boil while stirring to melt the butter. Pour in all the flour & mix until a ball is formed. Remove from heat & beat in the eggs, one at a time, with an electric mixer.
Line cookie sheet with parchment paper & drop even spoonfuls of dough onto sheet to make a 12 inch oval.
Bake around 35-40 minutes, or until golden brown. Remove from oven & let cool for 10-15 minutes. Once cool, slice ring cake in half, length-wise.
When almost ready to drizzle sauce (see below), fill ring cake with ice cream & put the top half back on.
In small saucepan, over low heat, melt the butter & chocolate. Stir in the sugar. Slowly stir in 5 tbsp whole milk, & add 1 tbsp more if needed, until desired consistency.
Remove from heat & drizzle immediately on top of stuffed ring cake.
Serve & enjoy!