Wednesday, April 20, 2016 10:08:44 AM
http://www.otcmarkets.com/stock/YIPI/news/Letter-to-Shareholders?id=129692&b=y
Letter to Shareholders
Apr 20, 2016
OTC Disclosure & News Service
Fort Myers, FL -
Shareholders,
As you are aware, Yippy, Inc. (OTC:YIPI) is a software company that holds a perpetual license to the software known as IBM Watson Explorer. Based upon that software, which the Company operates autonomously from IBM, we have developed a suite of technology solutions ranging from business intelligence, document security, to most recently data, compression for MSS operations.
We have just completed the installation of the first six (6) Blue Flame appliances on Globalstar’s (NYSE MKT:GSAT) network. We currently plan to begin marketing “Internet” access to all Globalstar duplex subscribers beginning in Summer 2016. Yippy and Globalstar are in a unique position to provide “best of class” satellite voice and data services at a cost effective price.
Currently, Globalstar has approximately 80,000 voice subscribers using Globalstar’s 1600 and 1700 handsets. Yippy’s software, when used in connection with Globalstar’s network, will provide consumers with a fast and reasonably-priced Internet experience, with access to world wide web, mail, news, weather and other applications tailored for industry specific uses.
We believe that a large percentage of Globalstar’s duplex subscribers will want Internet access via their handset. Globalstar will offer this solution to its customers for a nominal monthly fee. The equipment upgrade required to operate Yippy’s software will cost approximately $20, and we believe that many Globalstar subscribers will upgrade their packages to acquire additional data, thereby growing Globalstar’s top line revenue. As it relates to Globalstar’s Gen 2 network launch slated for later this year, Yippy software costs will automatically be included into the customers’ subscription package.
We are entering a new chapter in the company’s history. I am very excited about our future and growing the business alongside our new partner Globalstar. We believe our proprietary software and products are entering the market at the right time to sufficiently drive consumer demand, and we will continue to strive to deliver innovative technology products for our customers in the future. On behalf of everyone at Yippy, thank you for your continued support of the company and our vision.
Sincerely yours,
Richard Granville
CEO
Yippy, Inc.
rich@yippyinc.com
Recent GSAT News
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/13/2024 08:50:04 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 09/12/2024 08:06:24 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 09/11/2024 08:16:00 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 09/03/2024 03:34:53 PM
- Liquid Intelligent Technologies and Globalstar Partner to Deliver High-speed 5G Access Solutions Across Africa, the Middle East, and the Gulf • Business Wire • 08/21/2024 01:23:00 PM
- FCC Reauthorizes Globalstar’s HIBLEO-4 Constellation • Business Wire • 08/19/2024 01:27:00 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/08/2024 01:23:20 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/08/2024 12:02:01 PM
- Globalstar Announces Second Quarter 2024 Financial Results • Business Wire • 08/08/2024 12:00:00 PM
- Globalstar, Inc. Earnings Release and Call Notice • Business Wire • 07/26/2024 08:15:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/04/2024 09:17:17 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 06/03/2024 05:03:28 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/21/2024 08:34:17 PM
- Form SD - Specialized disclosure report • Edgar (US Regulatory) • 05/17/2024 12:02:22 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/14/2024 08:25:15 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/14/2024 08:24:58 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/08/2024 09:26:08 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/08/2024 08:15:09 PM
- Globalstar Announces First Quarter 2024 Financial Results and Operational Updates • Business Wire • 05/08/2024 08:15:00 PM
- Globalstar, Inc. Earnings Release and Call Notice • Business Wire • 05/03/2024 09:03:00 PM
- Globalstar Celebrates 10,000 Rescue Milestone with SPOT Brand Giveaway • Business Wire • 04/24/2024 12:30:00 PM
- Globalstar to Participate in Upcoming Investor Conferences • Business Wire • 04/18/2024 08:30:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/11/2024 01:29:46 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/08/2024 01:51:54 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/08/2024 01:51:43 AM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM