Yippy, Inc. (YIPI)

[bobknows]

The Facts: Yippy (yipi)

Convertible Notes Payable
Loan payable bearing interest at 18% due on December 27, 2014,
convertible to common stock at $0.15 per share.
27,000
-
Loan payable bearing interest
at 18% due on January 3, 2015, convertible
to common stock at $0.15 per share.
5,000
-

Total Convertible Notes Payable net of Discounts
$
32,000

and they owe a director $67,300 buckaroos too with no interest stated

hmmmmmmmmm.......

so yipi has 32K in total notes

owes 67K to a director

and has millions in assests

hmmmmmmm.......

can someone help me figure out if 100k in debt

and millions in assets is a bad thing


lololololololololol

you can verify this information on the last page of this link

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