Yippy, Inc. (OTCPK:YIPI) recently announced merger with MuseGlobal, Inc., a leading provider of content integration, positioning YIPI to compete with the big boys (Google, HP/Autonomy, etc) via a patented technology that many believe will revolutionize the way online search engines process, sort, and deliver the mass amounts of data available in the ever expanding world of online search.
"Big Data is a major problem for search engines. If you can't cluster search results and dynamically rank and normalize unlimited information sources whether it is a consumer search engine such as Bing or Google, or an enterprise model like HP/Autonomy, in my opinion you're out of the game of search in 3-5 years. The future is Data Virtualization or Data as a Service in the cloud," says Rich Granville, the YIPI CEO.
"Google is far less effective today due to their index growing from 3 billion pages in 2003 to 50 billion in 2011. It is information overload, and clustering is the only logical answer to that problem."
"We are in a position to underprice and out-produce the competition by unimaginable numbers through our Data Virtualization model. We're talking 50% savings across the board for data services provided by companies such as HP/Autonomy. We have the finest programs, services and client attention available anywhere. Welcome to the Cloud," says Kristina Bivins of MuseGlobal, Inc.
YIPI.PK had increased on record volume from under $1.00 per share heading into the month of June, to over $2.20 per share, just 8 trading days later, on June 12th. That is over 100% return in 8 days on a cloud play. After all the companies registered trademark is "Welcome to the Cloud".
During trading today, YIPI suffered a short terms market sell off to an intraday day low of just below $1.00 per share. It is my opinion that market maker short selling tactics were used to induce panic selling. It appeared to work, but YIPI.PK has a very small float of approximately 8 MIL shares and bulls were easily able to take the stock back and drive the price back up to close at over $1.50 per share.
YIPI.PK 's small float of 8 MIL shares, recent merger with MuseGlobal, recent acquisition of Macte Labs, proprietary search technology acquired from Visimo (an IBM Company), the fact that IBM still owns a 10% stake in YIPI, and the fact that I have personally used yippy.com for online research and can vouch for the advantages the technology brings to the end user, all combine to make me and many others very bullish on YIPI.PK.
Also worth nothing, YIPI.PK should no longer have the .PK on their ticker since they uplisted to the OTCQX in May 2012.
Disclosure: I am long OTCPK:YIPI.