As mentioned previously, the Company is evaluating several partnership deals as well as acquisitions targets that have been announced. We close deals close when the numbers make sense. Right now the numbers do not make sense, but we will continue to negotiate as I do think there is value in everything. Just how much is the question to be answered.
Lastly, there have been 3 press releases issued through a service called I-Newswire that appear to be released by the Company. Two of them reference Google and the other covers already released material crafted to look like a new release from the Company. Yippy, Inc. does not use I-Newswire and the reference to Google is absurd. We have contacted the authorities including the SEC regarding these phony releases and they should be disregarded. This kind of activity will not be tolerated.
Thank you for your continued support of Yippy and its goals.
Rich Granville, Chief Executive Officer
We are determined to stay focused on expanding the Yippy search indexes ever bigger and with more depth. Our index growth over the next couple of months will be extensive. Partnerships with companies to provide localized information for service companies such as plumbers or restaurants will be added to Yippy in the near future. Currently, we are indexing all major newswires around the world to provide up to minute news and information which will be added in the coming days.
Financially, Yippy achieved more top line revenue last month (August 2013) than we did in our last reported quarter mainly from enterprise not advertising revenue. Our top line sales for FY 2013 was approximately $458,000 up 500% year over year. Yippy sold off several non-essential programs in a wholly owned subsidiary so this number may be adjusted north once the auditors decide how to book the transaction. We anticipate that top line revenues in FY 2014 will continue to grow exponentially.
Yippy filed an extension notice for the Company's annual report for FY 2013 due to needing evaluation of the asset values via a third party to further strengthen our balance sheet. It remains Yippy's goal to either list on NASDAQ once we have achieved consistent and significant revenue growth, or sell the company. Either way, this is the most important filing as the asset values of what we have created and acquired during the last fiscal year needs special attention to maximize shareholder value. Time and patience is all that is needed.
(for posting, took off some part of the name of company we can't mention on Yahoo)
I want to take this time to address some concerns and provide updates on the current business of Yippy.
Yippy is currently in negotiations with major business leaders from around the world interested in bringing an alternative to Google, Yahoo and Bing into their countries for profit and to be able to control and filter information deemed irrelevant in real time. Citizens and business owners in other countries are equally disturbed as those in the U.S. with the NSA Prism program and seek similar solutions to privacy issues for their own purposes.
The Yippy brand stands tall for numerous reasons. We believe that Yippy is the only company in the world possessing all of the technology needed for governments and business leaders worldwide to provide protected search and cloud applications through our applications services environment in the Yippy Cloud. Yippy is not just a search engine. Yippy is a software company that operates a search engine and many other technologies.
Our software programs are well established and documented by major third party organizations such as Forrester Report, ICG and Gartner, and we believe that Yippy possesses precisely what the world needs, including both consumer and enterprise customers, for cloud based applications and services at the right time in history. Entering our fourth year of operation, we are now a viable alternative for enterprise applications in the cloud. Above all, we continue to strive to be the software company that drives private and morally responsible access to data. ( to be continues with next post)
Yes. I saw that. It's too good to be true,but looks like really true. easy money is right here.Go YippYYY!
"Yes, actually the available float is ever a lot less. That is why YIPI goes up and down so fast, and this time going higher and higher like a rocket. Roger?"
Yippy Inc. Is the world leader in safe search with it's cutting edge Velocity cloud clustering technology. There are rumoris showing indications of a possible buyout by a larger tech company such as Google or IBM. Most analysts believe that Yippy would be best suited for a Google buyout as it is essentially the Google of safe search. Filtering out questionable material for ages K-12 and more specifically geared toward institutional uses in schools or libraries. Yippy, in the hands of Google, could see such placement on a global scale. IBM already owns a 10% stake in the company. Financials
First, you seem you don't like YIPI,but if it is so, why you are here? Tell me the reason and if you own YIPI or not, in reply, if you do.
Now, do you know about penny stock? Do you think you can spend $80.000.00 to buy YIPI at once? That's not be allowed. There are rules that you need to study.
Any way,you are right about P&D theory, but that works for only company like SPNGQ ( I wonder if you are the same guy who has SPNGQ stock,at IHUB,) YIPI is gonna be a fine profitable business company in this fall. We longs know it, and that is why we longs are all strong hand. You will know the fact in the report soon.
Sure, we might sell the shares, like you said, after the report released, but It all depends on what the annual report says.
Last of all. I recommend you to buy YIPI tomorrow, if you can afford.
The volume increase also tells us many people started to buy. It's impossible to make that much volume with only Board members. Go YIPI!
Check it out! YIppy has rare technology for porno block and clustering search. Public will soon know all!
Too bad we couldn't make over 40 today, but, the volume was good. We'll keep the up trend toward the 21st. Yippy is buy, confirmed!
Nice post. It looks like Ihub guys are working on making a big move tomorrow. Check it out!
Can't make the second post. Search with "Is Yippy Inc. (OTCQX: YIPI) The Next Tech Giant?" ,or go Ihub message board to find it.