YIPI's fiscal year end is May 31st. That means we'll see the 10K at the end of this month, or 15 days more with extension used. YIPI is not a pink sheet stock, so this 10K release has to be in time. As you know 10K normally contains company's future plan and financial prediction, therefor we'll see YIPI's dramatic revenue prediction change, with the fact: from 2 employees to more than 60 employees company. However, we may see the merger execution news, with MoseGlobal, before the 10K anytime soon. The merger takes time with many legal red tapes and technical tests between YIPPY-Search and MuseGlobal’s nRich application, or more. But it has been two months passed already since the first announcement of the merger was made. The news should be imminent and may mention the revenue prediction as well.
By the way, YIPI already has made a comment about the revenue prediction “The combined entities have over 50 employees in 4 countries and with current combined revenues in the upper 7 figures and rising quickly”
You, as an investor, should have observed many small companies become real decent companies. Now you are observing the same phenomenon happening here on YIPI.
Besides, YIPI's float is only little more than 8 million. It’s unbelievably low number, IMO.
Do your own math and DD. Thanks for reading.
PS. a good read:
What no smart response from BJ656. Again lady how do you report something the IS NOT CLOSED YET! COME ON .. we are all soooooo DUMB and you are SOOOOOO SMART.
LOL... Yippy reported today that it want to show financial records for a company it has not acquired due to some moron on a message board saying you have to report financial information for a company not even OWNED YET.
YAWNNNNNNNNNNNN!!!! MORON !!!!!!!!!!!!!!!!!
I don't think any of those acquisitions or mergers will be in the 10K. The 10K will only have information up to the end of their fiscal year which ended 5/31/12. Macte was announced closed on 8/2/2012 so their numbers will not show up until their 10/15/12 10Q and if Muse closes in this quarter ending 8/31/12 then they will be in there too. I have been buying here and there on dips and would like to have 100K shares before 10/15 as I do think things are about to start taking off. I've been trading for 35 years, and have seen a lot of that time. This company has the right stuff. If management continues to execute then we will on make big money.