Yippy, Inc. (YIPI)

[yipi kay yay]

Pretty good for the SOLO of the SCAM COMPANY, Hmmm

KEY STATEMENT:

A. Fraudulent Misrepresentation
The first and second counterclaims are asserted by Granville and Yippy,
respectively. In sum and substance, these claims assert that Magna consistently
represented itself to be a legitimate, ethical lender. Indeed, Josh and Ari Sason even
put their grandfather on Yippy’s board of directors, which they cited as proof of
Magna’s loyalty to Yippy.
In reality, as demonstrated by the Bloomberg Report (copy annexed to our
opening papers), Magna’s business model is to profit from the destruction of small-cap
public companies. Magna is a toxic lender that has employed unlawful and unethical
tactics, such as:
• Rendering false and misleading accountings (admitted by Magna);
• Issuing, or causing to be issued, phony press releases for the purpose of
manipulating the price of Yippy’s stock;
• Offering illicit payments to induce Yippy to change to a cooperative transfer
agent;
• Depressing Yippy’s stock price by short selling and/or directing accomplices to
short Yippy’s stock;
• Attempting to cause Yippy’s transfer agent to unlawfully remove a restrictive
legend from a stock certificate, in violation of applicable securities laws