Yippy, Inc. (YIPI)

[236T568]

How bad is the situation at YIPI?

real bad:


Summary of YIPI Nov. 30, 2014 Quarterly Financials



1. YIPI files 2nd quarter ending Nov 30, 2014 financials with otcmarkets.com:

https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=131913



2. YIPI Revenues of only $62,099 for the quarter ending Nov 30, 2014, down a whopping 73% from $229,057 of the same quarter, previous year



3. YIPI massive Net Loss of $175,823 for the quarter ending Nov 30, 2014



4. YIPI issues Convertible Notes with interest rates as high at 18% and conversion prices at $0.10 and $0.15, severe discounts from the market price of the YIPI stock.



5. YIPI makes false and misleading statements about its common shares outstanding as of Nov 30, 2014

"57,400,544 shares outstanding as of November 30, 2014."

"57,645,810 issued and outstanding as of
November 30, 2014"



6. Did YIPI fraudulently overbook revenues for the last 12 months?

Accounts Receivable as of Nov 30, 2014:
$318,662

Yet total revenues for the SIX MONTHS ending Nov 30, 2014 are only:
$112,425