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YIPI Price Target 0,10$

|Includes: Yippy, Inc. (YIPI)

- Cash 0.2 Mio. $ / Debt from Convertible Notes 0.76 Mio. $

- Revenue last Quarter: 0.017 Mio. $ / Net Loss 0.35 Mio. $

- Outstanding shares after the merger: 67 Mio.

- Market Cap at current PPS (1.86 $) is 124,62 Mio. $(!)

- From the latest SEC filing: These factors, among others, raise substantial doubt about the Company's ability to continue as a going concern.

- License agreement with Vivisimo on May 17,2010 --> "Vivisimo agreed not to compete with the Company in the consumer search area for a period of two years" --> These 2 years are already over but

- YIPI still hat to pay off the 5,5 Mio. $ they paid for the license.

- In the meantime IBM bought Vivisimo and their technology and will now market the technology on its own.

- IBM couldnĀ“t care less about the 10 percent stake it has in YIPI.

Summary: Pump&Dump. Price Target 0,10$

Disclosure: Short and trying to short more

Disclosure: I am short OTCPK:YIPI.