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NEW YORK – June 18, 2015: Richard Granville, the CEO of technology company Yippy, Inc. (YIPI), filed a $50 million lawsuit in New York Supreme Court against the “death spiral” financier Magna Group LLC and its principals Josh Sason, Ari Sason, and Michael Abitebol.
The lawsuit, filed on June 16, 2015, alleges that Magna participated in a scheme to manipulate the price of Yippy’s stock. Magna’s “pump and dump” scheme involved the issuance of phony press releases, hypothecation and naked short selling of Yippy’s stock, and attempted corporate bribery, according to the complaint. Granville is suing Magna for fraud and unjust enrichment.
This lawsuit comes on the heels Bloomberg’s March 12, 2015 report about Magna and its founder Josh Sason entitled, “This 27-Year-Old Made Millions Riding the Death Spirals of Penny Stocks.” The Bloomberg article describes how Magna profited from the collapse of small, publicly traded companies that had borrowed money from Magna. (See article: http://bloom.bg/1HIedWP)
In March 2015, Granville posted statements referring to the Bloomberg article and describing Magna’s business practices. In response, Magna’s principals Josh Sason, Ari Sason, and Michael Abitebol sued Granville for defamation, claiming that his words had cause them “severe emotional distress.” Granville responded to the defamation suit by claiming truth as a defense: “Granville stands by these statements because, as discussed below, they are true. Granville is fully prepared to come into court, swear an oath, and defend his words and actions.”
The complaint adds: “As a businessman, a U.S. Navy veteran, and man of devout faith, Granville feels a moral and ethical obligation to help expose the truth of the Magna Parties’ business practices. In so doing, Granville’s objective is to save other entrepreneurs from the Magna Parties’ vicious and immoral business practices, and to see that the Magna Parties are brought to account for the jobs, companies, and lives that they have destroyed in the name of personal enrichment.”
Granville and Yippy are represented by the Manhattan law firm John H. Snyder PLLC, which has initiated an investigation into the broader business practices of the Magna Group in preparation for a potential class action. Any person or company who has been harmed by the Magna Group is welcome to contact John H. Snyder. Snyder may be contacted at (212) 856-7280 or john@jhs.nyc.
NEW YORK – June 18, 2015: Richard Granville, the CEO of technology company Yippy, Inc. (YIPI), filed a $50 million lawsuit in New York Supreme Court against the “death spiral” financier Magna Group LLC and its principals Josh Sason, Ari Sason, and Michael Abitebol.
The lawsuit, filed on June 16, 2015, alleges that Magna participated in a scheme to manipulate the price of Yippy’s stock. Magna’s “pump and dump” scheme involved the issuance of phony press releases, hypothecation and naked short selling of Yippy’s stock, and attempted corporate bribery, according to the complaint. Granville is suing Magna for fraud and unjust enrichment.
This lawsuit comes on the heels Bloomberg’s March 12, 2015 report about Magna and its founder Josh Sason entitled, “This 27-Year-Old Made Millions Riding the Death Spirals of Penny Stocks.” The Bloomberg article describes how Magna profited from the collapse of small, publicly traded companies that had borrowed money from Magna. (See article: http://bloom.bg/1HIedWP)
In March 2015, Granville posted statements referring to the Bloomberg article and describing Magna’s business practices. In response, Magna’s principals Josh Sason, Ari Sason, and Michael Abitebol sued Granville for defamation, claiming that his words had cause them “severe emotional distress.” Granville responded to the defamation suit by claiming truth as a defense: “Granville stands by these statements because, as discussed below, they are true. Granville is fully prepared to come into court, swear an oath, and defend his words and actions.”
The complaint adds: “As a businessman, a U.S. Navy veteran, and man of devout faith, Granville feels a moral and ethical obligation to help expose the truth of the Magna Parties’ business practices. In so doing, Granville’s objective is to save other entrepreneurs from the Magna Parties’ vicious and immoral business practices, and to see that the Magna Parties are brought to account for the jobs, companies, and lives that they have destroyed in the name of personal enrichment.”
Granville and Yippy are represented by the Manhattan law firm John H. Snyder PLLC, which has initiated an investigation into the broader business practices of the Magna Group in preparation for a potential class action. Any person or company who has been harmed by the Magna Group is welcome to contact John H. Snyder. Snyder may be contacted at (212) 856-7280 or john@jhs.nyc.
Wow this can't be good for magma or mark c perry
Bid going up...no one is selling...price going up!!!
Yippy globalstar has this already without spending billions and they have it now. Oneweb wouldn't have it until 2018 at earliest
The OneWeb startup founded by Richard Branson's Virgin and Qualcomm, has announced that it has awarded European aerospace giant Airbus a multi-billion dollar production contract for internet-beaming satellites. The company aims provide connectivity to underserved communities around the world through an enormous constellation of small satellites -- each one only weighing about 150kg and costing under $500,000 to produce. Of the 900 units that Airbus is contracted to create, 700 of them will be launched by 2018. Once in orbit they'll create a constellation 10 times larger than any other satellite set currently in orbit. The other 200 will be held on-planet as replacements and backups. Airbus will reportedly produce 10 initial satellites at its Toulouse manufacturing facility before moving the operation to an undisclosed American facility for the remainder of the program.
More news to come...what will be first
-Details on the global star deal
-new contracts
-new contracts from global star clients
-ISO certification
-FCC approval for globalstar
Wow the possibilities are endless!!!
Scam company posts false and misleading information. Thanks for giving us the heads up. Go Yippy and globalstar
Wrong do your research as they are years away...even they admit that. Further you think google and Microsoft don't acquire companies or technologies they don't have?
How much would google or
Microsoft pay to have what globalstar and Yippy have...Billions!!! Fcc approval and it's all over
How much would google or
Microsoft pay to have what globalstar and Yippy have...Billions!!! Fcc approval and it's all over
Billionaire vs scam artist
Microsoft and Google are years behind globalstar and Yippy!!!
June 16, 2015
Globalstar, a mobile satellite services company based in Covington Louisiana, is pleased to be
part of a broad, major innovative movement regarding spectrum and mobile broadband
services. We hope that government policy makers will enable all organizations, and not just
large players with significant lobbying forces, to provide new innovations.
The FCC’s proposed rules regarding Terrestrial Low Power Service (“TLPS”) would allow
Globalstar to bring a new, differentiated wireless broadband offering to the public – more
choices for consumers; more competition. But this new service will not be alone.
On
, Google announced a new mobile service offering called Project Fi, a service that
toggles between licensed and unlicensed spectrum using a network of millions of Wi-Fi
hotspots to offer an integrated wireless broadband service. On June 2, Microsoft accidentally
released information regarding its plans for an expanded Microsoft Wi-Fi service, in which
Microsoft will charge customers a per minute rate to use millions of publicly available Wi-Fi
hotspots around the world. And, of course, there are cable's highly publicized plans to expand
their networks of millions of Wi-Fi access points that they will monetize by providing wireless
services to their customer base using a combination of unlicensed spectrum and MVNO
agreements.
April 22
While Globalstar believes that competition is good and welcomes these developments, these
large players aren't supporting Globalstar’s entry into a marketplace which they dominate. Not
surprising, each has raised various issues in an attempt to unnecessarily delay or block
Globalstar's ability to compete and offer consumers another choice for wireless services.
Neither Google nor Microsoft informed the FCC -- when making their filings -- that they were
planning to offer new, competing services to Globalstar's TLPS. Nevertheless, they should be
congratulated for continuing to innovate and find new and exciting ways to meet the
communications needs of consumers and reward their shareholders. We believe innovation
and consumer benefits are often driven by small companies challenging the large, and that this
will result in robust competition which will continue to drive the evolution of the wireless
sector.
The competition is shaking in their boots. It's only a matter of time before approval
Yippy Globalstar will own this space. Companies like Google are spending billions to try and create what Yippy and Globalstar will soon have with FCC approval. These other companies need to spend billions and are still years behind what Yippy and Globalstar have!!!
What is this worth??? simple answer BILLIONS!!!
http://www.wired.com/2015/06/elon-musk-space-x-satellite-internet/
ANOTHER SPACE RACE IS on.
On one side: Elon Musk, founder of SpaceX (and Tesla Motors), backed by Google. On the other: Musk’s friend Greg Wyler, founder of OneWeb, backed by Virgin Galactic parent company The Virgin Group and its eccentric billionaire founder Richard Branson.
The prize: the chance to sell high-speed satellite internet connections to the billions of people throughout the world who don’t yet have access—and in the process become a global telecommunications company to rival giants like Comcast and Verizon. And, in Musk’s mind, the opportunity to sell internet access to Martian colonists, when the time comes.
Late last month, as first reported by DCInno, SpaceX filed an application with the Federal Communications Commission to begin testing such a system. Unfortunately, the idea of cheap, ubiquitous high-speed satellite Internet may be just as science fictional as Musks’s dreams of planetary migration.
Sky-High Ambitions
Satellite internet has been around for years, but extreme latency—the gap in time between the satellite receiving a request and responding—is a problem, making it impractical for real-time or near real-time applications such as online games or teleconferencing tools like Skype. Both Musk and Wyler plan to eliminate that latency by placing their satellites in what’s called low Earth orbit, which ranges from roughly 100 to 1,250 miles above Earth. By bringing their satellites closer to home than other satellites, SpaceX and OneWeb could cut latency from 500 milliseconds to 20 milliseconds, which is about what you’d expect from a fiber optic home internet connection in the US.
The catch is the signal from those satellites won’t be able to cover as much of the planet as satellites in geosynchronous orbit some 22,000 miles up. That means the companies will have to launch far more satellites to make up for the difference. Wyler told Business Week earlier this year that OneWeb plans to build a network of around 700 satellites to blanket the earth. Musk, on the other hand, told the magazine SpaceX is planning a network of 4,000 or so.
That may sound ambitious, and it is. But humans have been sending satellites to space for decades. The real trouble with these plans is that they could be astronomically expensive.
The prize: the chance to sell high-speed satellite internet connections to the billions of people throughout the world who don’t yet have access.
Musk and Wyler are far from the first to propose low Earth orbit constellations as a way to provide high-speed internet. Several companies launched with that mission in the 1990s, the most famous of which was Teledesic, funded by Bill Gates, early cellular service entrepreneur Craig McCaw, and Saudi prince Alwaleed bin Talal. The much hyped company planned an 840-satellite constellation but was plagued with setbacks until it suspended operations in 2002 and relinquished its wireless spectrum rights to the FCC in 2003. The failure of Teledesic and its contemporaries has left many observers cynical about the prospects of the latest crop of would-be satellite providers.
“These large constellations are very inefficient,” says Roger Rusch, a satellite communications industry analyst. He acknowledges that the small satellites SpaceX and OneWeb hope to use are less expensive today than they were in the 1990s, but says they’re still too costly. “They’re cheaper, but you need 4,000 of them, so they need to be 1,000 times cheaper,” he says.
Facebook CEO Mark Zuckerberg mentioned the possibility of providing satellite internet service via the Internet.org initiative—a non-profit he co-founded to expand internet access throughout the world — is a blog post last year. But he’s already shelved the idea due to its cost, according to The Information.
A Matter of Control
Controlling costs is especially important since SpaceX and OneWeb will be going after people in developing countries, not wealthy entrepreneurs and executives who want to check their email while vacationing in exotic locales. That means everything from the subscription cost to the satellite dishes must be cheap. Plus, Rusch says, both fiber optic internet connections and wireless mobile data plans are spreading rapidly throughout the world. It could end up being far cheaper to connect these billions of unserved people with an old-fashioned wire.
Even if SpaceX and OneWeb can make the pricing work, they’ll have to contend with the earthbound politics of telecommunications. And that’s one area where OneWeb has an edge: Wyler owns Teledesic’s old slice of the wireless spectrum. And Virgin’s Branson says there’s not enough to go around.
“Greg has the rights, and there isn’t space for another network—like there physically is not enough space,” he told Business Week. “If Elon wants to get into this area, the logical thing for him would be to tie up with us, and if I were a betting man, I would say the chances of us working together rather than separately would be much higher.”
Musk has floated the idea of using laser-based transmission—another unproven technology—to avoid licensing, though last month’s FCC application makes no mention of such a scheme.
Internet, Grounded
But if anyone knows the costs of trenching fiber optic pipe and building satellite networks, it’s Wyler. After selling his first company, a computer parts outfit called Silent Systems, for $100 million in 1999, he founded Terracom, an Internet service provider in Rwanda that had to build much of its own network infrastructure, including fiber optic pipes and cell towers. After selling that company for $20 million, he started satellite Internet company O3b in 2007.
O3b provides Internet service via mid-Earth orbit satellites. By compromising between low Earth orbit and geosynchonous orbit, the company is able to provide a reasonable 150 millisecond latency without the need for hundreds of satellites. But instead of providing service directly to end users, as SpaceX and WebOne want to do, it sells connectivity to Internet service providers in places like the Cook Islands, which in turn provide their customers with service via cellular networks or fixed line connections.
Wyler, who left O3b last year before working briefly at Google, has some specific ideas to to deal with costs. He told BusinessWeek that instead of having every user buy their own dish, he expects them to be installed in public places like schools and hospitals, which will then provide WiFi connections.
And as for SpaceX, the company’s entire purpose is to find ways to make space travel less expensive. It’s possible that Musk and company could find ways to manufacture and deploy satellites more cheaply than anyone has ever expected.
The real problem, though, is that it might not be possible to predict how much the system will cost until it’s too late. “It’s really difficult to test the concept without building out the network,” says William Ostrove, an aerospace and defense analyst at the firm Forecase International. “That’s going to be extremely expensive.”
Sure, it’s possible that one or both sides in this race will succeed in creating an affordable satellite Internet service and bringing the entire world online. But it’s just as likely that they will burn through billions in a competition that’s as much about astronomical egos as innovation.
Yippy Globalstar will own this space. Companies like Google are spending billions to try and create what Yippy and Globalstar will soon have with FCC approval. These other companies need to spend billions and are still years behind what Yippy and Globalstar have!!!
What is this worth??? simple answer BILLIONS!!!
http://www.wired.com/2015/06/elon-musk-space-x-satellite-internet/
ANOTHER SPACE RACE IS on.
On one side: Elon Musk, founder of SpaceX (and Tesla Motors), backed by Google. On the other: Musk’s friend Greg Wyler, founder of OneWeb, backed by Virgin Galactic parent company The Virgin Group and its eccentric billionaire founder Richard Branson.
The prize: the chance to sell high-speed satellite internet connections to the billions of people throughout the world who don’t yet have access—and in the process become a global telecommunications company to rival giants like Comcast and Verizon. And, in Musk’s mind, the opportunity to sell internet access to Martian colonists, when the time comes.
Late last month, as first reported by DCInno, SpaceX filed an application with the Federal Communications Commission to begin testing such a system. Unfortunately, the idea of cheap, ubiquitous high-speed satellite Internet may be just as science fictional as Musks’s dreams of planetary migration.
Sky-High Ambitions
Satellite internet has been around for years, but extreme latency—the gap in time between the satellite receiving a request and responding—is a problem, making it impractical for real-time or near real-time applications such as online games or teleconferencing tools like Skype. Both Musk and Wyler plan to eliminate that latency by placing their satellites in what’s called low Earth orbit, which ranges from roughly 100 to 1,250 miles above Earth. By bringing their satellites closer to home than other satellites, SpaceX and OneWeb could cut latency from 500 milliseconds to 20 milliseconds, which is about what you’d expect from a fiber optic home internet connection in the US.
The catch is the signal from those satellites won’t be able to cover as much of the planet as satellites in geosynchronous orbit some 22,000 miles up. That means the companies will have to launch far more satellites to make up for the difference. Wyler told Business Week earlier this year that OneWeb plans to build a network of around 700 satellites to blanket the earth. Musk, on the other hand, told the magazine SpaceX is planning a network of 4,000 or so.
That may sound ambitious, and it is. But humans have been sending satellites to space for decades. The real trouble with these plans is that they could be astronomically expensive.
The prize: the chance to sell high-speed satellite internet connections to the billions of people throughout the world who don’t yet have access.
Musk and Wyler are far from the first to propose low Earth orbit constellations as a way to provide high-speed internet. Several companies launched with that mission in the 1990s, the most famous of which was Teledesic, funded by Bill Gates, early cellular service entrepreneur Craig McCaw, and Saudi prince Alwaleed bin Talal. The much hyped company planned an 840-satellite constellation but was plagued with setbacks until it suspended operations in 2002 and relinquished its wireless spectrum rights to the FCC in 2003. The failure of Teledesic and its contemporaries has left many observers cynical about the prospects of the latest crop of would-be satellite providers.
“These large constellations are very inefficient,” says Roger Rusch, a satellite communications industry analyst. He acknowledges that the small satellites SpaceX and OneWeb hope to use are less expensive today than they were in the 1990s, but says they’re still too costly. “They’re cheaper, but you need 4,000 of them, so they need to be 1,000 times cheaper,” he says.
Facebook CEO Mark Zuckerberg mentioned the possibility of providing satellite internet service via the Internet.org initiative—a non-profit he co-founded to expand internet access throughout the world — is a blog post last year. But he’s already shelved the idea due to its cost, according to The Information.
A Matter of Control
Controlling costs is especially important since SpaceX and OneWeb will be going after people in developing countries, not wealthy entrepreneurs and executives who want to check their email while vacationing in exotic locales. That means everything from the subscription cost to the satellite dishes must be cheap. Plus, Rusch says, both fiber optic internet connections and wireless mobile data plans are spreading rapidly throughout the world. It could end up being far cheaper to connect these billions of unserved people with an old-fashioned wire.
Even if SpaceX and OneWeb can make the pricing work, they’ll have to contend with the earthbound politics of telecommunications. And that’s one area where OneWeb has an edge: Wyler owns Teledesic’s old slice of the wireless spectrum. And Virgin’s Branson says there’s not enough to go around.
“Greg has the rights, and there isn’t space for another network—like there physically is not enough space,” he told Business Week. “If Elon wants to get into this area, the logical thing for him would be to tie up with us, and if I were a betting man, I would say the chances of us working together rather than separately would be much higher.”
Musk has floated the idea of using laser-based transmission—another unproven technology—to avoid licensing, though last month’s FCC application makes no mention of such a scheme.
Internet, Grounded
But if anyone knows the costs of trenching fiber optic pipe and building satellite networks, it’s Wyler. After selling his first company, a computer parts outfit called Silent Systems, for $100 million in 1999, he founded Terracom, an Internet service provider in Rwanda that had to build much of its own network infrastructure, including fiber optic pipes and cell towers. After selling that company for $20 million, he started satellite Internet company O3b in 2007.
O3b provides Internet service via mid-Earth orbit satellites. By compromising between low Earth orbit and geosynchonous orbit, the company is able to provide a reasonable 150 millisecond latency without the need for hundreds of satellites. But instead of providing service directly to end users, as SpaceX and WebOne want to do, it sells connectivity to Internet service providers in places like the Cook Islands, which in turn provide their customers with service via cellular networks or fixed line connections.
Wyler, who left O3b last year before working briefly at Google, has some specific ideas to to deal with costs. He told BusinessWeek that instead of having every user buy their own dish, he expects them to be installed in public places like schools and hospitals, which will then provide WiFi connections.
And as for SpaceX, the company’s entire purpose is to find ways to make space travel less expensive. It’s possible that Musk and company could find ways to manufacture and deploy satellites more cheaply than anyone has ever expected.
The real problem, though, is that it might not be possible to predict how much the system will cost until it’s too late. “It’s really difficult to test the concept without building out the network,” says William Ostrove, an aerospace and defense analyst at the firm Forecase International. “That’s going to be extremely expensive.”
Sure, it’s possible that one or both sides in this race will succeed in creating an affordable satellite Internet service and bringing the entire world online. But it’s just as likely that they will burn through billions in a competition that’s as much about astronomical egos as innovation.
Totally agree...its going to be fun to watch
Wow up over 50% in 2 weeks...that has to be good for stock holders!!!
9 consecutive days above $.30!!!
Just one of millions of examples of the need for a Yippy and globalstar solution.
http://bostonglobenie.newspaperdirect.com/epaper/iphone/homepage.aspx#_article361006d0-46f3-4979-9045-26e604fda91f
Just one of millions of examples of the need for a Yippy and globalstar solution.
http://bostonglobenie.newspaperdirect.com/epaper/iphone/homepage.aspx#_article361006d0-46f3-4979-9045-26e604fda91f
It's great news and clearly they think approval is coming soon.
I put this in the who cares and old 2012 news. I also agree there is nothing wrong with promoting or advertising...every major company does it. Lol
More in John Snyder, yippy lawyer, who advised in Globalstar deal. He's also represented Uber, Bitcoin, etc. Another person who can bring relationships to Globalstar and Yippy
http://www.jhs.nyc/news/2015/6/4/snyder-advises-yippy-on-deal-with-globalstar
John H. Snyder is recognized as a forceful trial advocate and creative legal strategist.
John's litigation practice encompasses a wide variety of commercial matters, with an emphasis on partnership/closely-held company disputes. John also serves as counselor and personal advisor to executives and entrepreneurs.
John handles a limited number of matters at a given time to assure that every matter receives the personal attention it deserves.
John has a international practice, and regularly calls upon his network of highly-qualified boutique law firms to assist him in serving his clients' needs around the world.
John was recently named to the American Society of Legal Advocates' "Top 40 Under 40" list of New York litigators, and has been rated a "Rising Star" by SuperLawyers since 2013.
Representative Matters
Defended ten former trustees of the Healthcare Industry Trust of New York in a $220 million lawsuit alleging breach of fiduciary duty (matter pending). (Supreme Court, Albany County)
Represented Bolat Nazarbayev, the brother of the President of Kazakhstan, as plaintiff in a $100 million lawsuit alleging the fraudulent misappropriation of real and personal property, including a $20 million condominium in the Plaza in Manhattan; obtained favorable settlement for client. (Supreme Court, New York County)
Represented co-owner of Lateral Link in a five-day arbitration in California, resulting in an award invalidating provisions of the LLC agreement as unconscionable and ordering a seven-figure buyout of client’s equity, together with an award of legal fees and costs. (Judicate West Arbitration)
Defended Atrium Management in an ERISA class action (matter pending). (U.S. District Court, Eastern District of New York)
Defended Wear First Sportswear, Inc. in a lawsuit commenced by a third-party's factoring agent, who claimed to be entitled to be paid on Wear First's open invoices; on appeal, obtained reversal of trial court's denial of Wear First's motion to stay the case pending arbitration in China. (New York Appellate Division, First Department.)
Defended medical practice against breach of contract and retaliation claims by a former employee; obtained favorable settlement. (U.S. District Court, Eastern District of New York)
Defended Uber Technologies, Inc., the industry-leading provider of smart-phone based livery service, in a breach of contract lawsuit, prevailing on all claims. (Supreme Court, New York County)
Represented Time Square Construction in a Chapter 11 bankruptcy proceeding involving $100 million residential construction project. (U.S. Bankruptcy Court, Southern District of New York)
Represented partners in a wireless broadband venture capital fund as plaintiffs in breach of fiduciary duty action against fund’s former manager; obtained $1.2 million award following arbitration. Obtained confirmation of the arbitrator's award. (AAA Arbitration; Supreme Court, New York County)
Represented 95-year-old accountant in lawsuit claiming that grandson stole $950,000.
Defended data consulting company in a wrongful termination action brought by its former executive vice president; obtained complete victory following four-day arbitration. (JAMS Arbitration)
Represented Fashionism.com in lawsuit against its co-owner for theft of company funds; obtained settlement resulting in return of funds and surrender of co-owner’s management authority. (Supreme Court, New York County)
Defended senior technology executive in a lawsuit brought by his former employer regarding a contractual non-compete provision; obtained settlement resulting in client receiving a short period of paid “garden leave” followed by cancellation of non-compete. (Supreme Court, New York County)
Defended Bluewater Records, a North Carolina based record company, in a dispute with its former CEO; obtained complete victory when plaintiff dropped his claims in the face of client’s summary judgment motion. (Supreme Court, New York County)
Defended fashion company in a breach of contract lawsuit brought by a Chinese manufacturer; obtained dismissal of case. (U.S. District Court, Southern District of New York)
Represented executives of Lehman Brothers as creditor’s counsel in the Lehman Brothers bankruptcy; obtained favorable settlement with Debtor. (U.S. Bankruptcy Court, Southern District of New York)
Defended landlord in a dispute concerning return of a security deposit; won complete victory following trial. (Richmond County Civil Court)
Advised principal of leading Bitcoin trading platform regarding business and regulatory matters.
More in John Snyder, yippy lawyer, who has represented Uber, Bitcoin, etc. I would hate to be magna or another scam artist
John H. Snyder is recognized as a forceful trial advocate and creative legal strategist.
John's litigation practice encompasses a wide variety of commercial matters, with an emphasis on partnership/closely-held company disputes. John also serves as counselor and personal advisor to executives and entrepreneurs.
John handles a limited number of matters at a given time to assure that every matter receives the personal attention it deserves.
John has a international practice, and regularly calls upon his network of highly-qualified boutique law firms to assist him in serving his clients' needs around the world.
John was recently named to the American Society of Legal Advocates' "Top 40 Under 40" list of New York litigators, and has been rated a "Rising Star" by SuperLawyers since 2013.
Representative Matters
Defended ten former trustees of the Healthcare Industry Trust of New York in a $220 million lawsuit alleging breach of fiduciary duty (matter pending). (Supreme Court, Albany County)
Represented Bolat Nazarbayev, the brother of the President of Kazakhstan, as plaintiff in a $100 million lawsuit alleging the fraudulent misappropriation of real and personal property, including a $20 million condominium in the Plaza in Manhattan; obtained favorable settlement for client. (Supreme Court, New York County)
Represented co-owner of Lateral Link in a five-day arbitration in California, resulting in an award invalidating provisions of the LLC agreement as unconscionable and ordering a seven-figure buyout of client’s equity, together with an award of legal fees and costs. (Judicate West Arbitration)
Defended Atrium Management in an ERISA class action (matter pending). (U.S. District Court, Eastern District of New York)
Defended Wear First Sportswear, Inc. in a lawsuit commenced by a third-party's factoring agent, who claimed to be entitled to be paid on Wear First's open invoices; on appeal, obtained reversal of trial court's denial of Wear First's motion to stay the case pending arbitration in China. (New York Appellate Division, First Department.)
Defended medical practice against breach of contract and retaliation claims by a former employee; obtained favorable settlement. (U.S. District Court, Eastern District of New York)
Defended Uber Technologies, Inc., the industry-leading provider of smart-phone based livery service, in a breach of contract lawsuit, prevailing on all claims. (Supreme Court, New York County)
Represented Time Square Construction in a Chapter 11 bankruptcy proceeding involving $100 million residential construction project. (U.S. Bankruptcy Court, Southern District of New York)
Represented partners in a wireless broadband venture capital fund as plaintiffs in breach of fiduciary duty action against fund’s former manager; obtained $1.2 million award following arbitration. Obtained confirmation of the arbitrator's award. (AAA Arbitration; Supreme Court, New York County)
Represented 95-year-old accountant in lawsuit claiming that grandson stole $950,000.
Defended data consulting company in a wrongful termination action brought by its former executive vice president; obtained complete victory following four-day arbitration. (JAMS Arbitration)
Represented Fashionism.com in lawsuit against its co-owner for theft of company funds; obtained settlement resulting in return of funds and surrender of co-owner’s management authority. (Supreme Court, New York County)
Defended senior technology executive in a lawsuit brought by his former employer regarding a contractual non-compete provision; obtained settlement resulting in client receiving a short period of paid “garden leave” followed by cancellation of non-compete. (Supreme Court, New York County)
Defended Bluewater Records, a North Carolina based record company, in a dispute with its former CEO; obtained complete victory when plaintiff dropped his claims in the face of client’s summary judgment motion. (Supreme Court, New York County)
Defended fashion company in a breach of contract lawsuit brought by a Chinese manufacturer; obtained dismissal of case. (U.S. District Court, Southern District of New York)
Represented executives of Lehman Brothers as creditor’s counsel in the Lehman Brothers bankruptcy; obtained favorable settlement with Debtor. (U.S. Bankruptcy Court, Southern District of New York)
Defended landlord in a dispute concerning return of a security deposit; won complete victory following trial. (Richmond County Civil Court)
Advised principal of leading Bitcoin trading platform regarding business and regulatory matters.
The facts on Yippy, Inc. (OTC: YIPI) on top of great partnership with Globalstar
1) 5 consecutive year over year top line growth
2) VERY Low Debt: $70K held by directors at no stated interest
3) Low float >9.2 million shares (No dilution since 2013)
4) >58m issued and outstanding.
5) 65% held by insiders
6) 9.1% held by IBM (International Business Machines)
7) HIPPA - FISMA Compliant - ISO 27001 in process
8) Yippy has the only worldwide unlimited perpetual license for IBM Watson Explorer (aka: Velocity)
9) YIPI has a worldwide perpetual license for Muse Global’s software suites
10) Yippy.com a top 10 rated web search engine
YIPI recently disclosed their enterprise solution at the following link:
http://www.otcmarkets.com/companyPresentationViewer?cmdId=510
Yippy is sited and discussed in many books that speak about the future of the internet and search.
https://www.google.com/?gws_rd=ssl#tbm=bks&q=yippy%2C+Inc.
https://www.google.com/?gws_rd=ssl#tbm=bks&q=yippy.com
Yippy research report by leading IT analyst from IDC:
I really like this research report especially the last 2 use cases which show they had a vision and then built it. Yippy EASE 360 running on the Blue Flame.
http://www.otcmarkets.com/financialReportViewer?symbol=YIPI&id=87138
YIPI recently brought in very powerful industry executives from companies such as IBM, Halliburton, and Gale Cengage. These are big names that ran multi-billion dollar budgets who joined this micro-cap company.
http://www.otcmarkets.com/stock/YIPI/news/Yippy--Inc---YIPI--Adds-Former-CIO-of-Halliburton-and-Air-Liquide-S-A--as-Chief-Consultant-to-the-Board-of-Directors?id=94845&b=y
http://www.otcmarkets.com/stock/YIPI/news/Yippy--Inc---YIPI--Elects-Cengage-Learning-s-Chief-Scientist-to-Join-Its-Board-of-Directors?id=90990&b=y
http://www.otcmarkets.com/stock/YIPI/news/Yippy--Inc---YIPI--Hires-Ex-IBM-Executive-as-Chief-Operating-Officer?id=70676&b=y
USPTO TRADEMARKS
Yippy, Inc. (YIPI) -
http://tmsearch.uspto.gov/bin/showfield?f=doc&state=4807:5u37lq.3.6
Welcome to the Cloud -
http://tmsearch.uspto.gov/bin/showfield?f=doc&state=4807:5u37lq.2.1
Purchase of Vivisimo Velocity now Watson Explorer
Bloomberg lists transaction
http://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=100844940
http://finance.thepennews.com/filing/8-k/0001213900-10-002105/cik-1409136/
Yippy, Inc. mentioned in the news of IBM purchase of Vivisimo after Yippy secured it copy of Watson Explorer (formally Velocity)
http://www.post-gazette.com/business/businessnews/2012/04/26/IBM-will-acquire-Squirrel-Hill-firm-Vivisimo/stories/201204260371
Purchase of Muse Global
http://www.prnewswire.com/news-releases/yippy-inc-yipi-and-museglobal-to-merge-offering-unified-access-to-a-data-cloud-of-curated-content-158411085.html
http://www.marketwatch.com/story/yippy-inc-yipi-licenses-museglobals-muse-content-machine-featuring-muse-smart-connector-technology-2013-06-19
Top 10 search rankings: Here is a sample of only 3 of a bunch that think yippy search has a future.
http://netforbeginners.about.com/od/navigatingthenet/tp/top_10_search_engines_for_beginners.htm
http://omglist.com/misc/internet/top-10-best-internet-search-engines-in-world/
http://alternativeto.net/software/zippy-com/
Yippy partners with Yahoo by CEO Rich Granville
http://www.marketwired.com/press-release/yippy-yipi-partners-with-yahoo-yhoo-for-education-pinksheets-yipi-1545897.htm
Yippy partners with Gale Cengage
http://www.marketwired.com/press-release/yippy-inc-yipi-announces-partnership-with-highbeam-research-and-encyclopediacom-pinksheets-yipi-1542728.htm
Yippy’s Wikipedia page:
http://en.wikipedia.org/wiki/Yippy
CEO - Richard Granville
COO - Errol Walsh
www.yippyinc.com
Were you able to contact jay munroe, billionaire, about why he chose yippy and see how partnership is going?
The facts on Yippy, Inc. (OTC: YIPI)...on top of Globalstar agreement!
1) 5 consecutive year over year top line growth
2) VERY Low Debt: $70K held by directors at no stated interest
3) Low float >9.2 million shares (No dilution since 2013)
4) >58m issued and outstanding.
5) 65% held by insiders
6) 9.1% held by IBM (International Business Machines)
7) HIPPA - FISMA Compliant - ISO 27001 in process
8) Yippy has the only worldwide unlimited perpetual license for IBM Watson Explorer (aka: Velocity)
9) YIPI has a worldwide perpetual license for Muse Global’s software suites
10) Yippy.com a top 10 rated web search engine
YIPI recently disclosed their enterprise solution at the following link:
http://www.otcmarkets.com/companyPresentationViewer?cmdId=510
Yippy is sited and discussed in many books that speak about the future of the internet and search.
https://www.google.com/?gws_rd=ssl#tbm=bks&q=yippy%2C+Inc.
https://www.google.com/?gws_rd=ssl#tbm=bks&q=yippy.com
Yippy research report by leading IT analyst from IDC:
I really like this research report especially the last 2 use cases which show they had a vision and then built it. Yippy EASE 360 running on the Blue Flame.
http://www.otcmarkets.com/financialReportViewer?symbol=YIPI&id=87138
YIPI recently brought in very powerful industry executives from companies such as IBM, Halliburton, and Gale Cengage. These are big names that ran multi-billion dollar budgets who joined this micro-cap company.
http://www.otcmarkets.com/stock/YIPI/news/Yippy--Inc---YIPI--Adds-Former-CIO-of-Halliburton-and-Air-Liquide-S-A--as-Chief-Consultant-to-the-Board-of-Directors?id=94845&b=y
http://www.otcmarkets.com/stock/YIPI/news/Yippy--Inc---YIPI--Elects-Cengage-Learning-s-Chief-Scientist-to-Join-Its-Board-of-Directors?id=90990&b=y
http://www.otcmarkets.com/stock/YIPI/news/Yippy--Inc---YIPI--Hires-Ex-IBM-Executive-as-Chief-Operating-Officer?id=70676&b=y
USPTO TRADEMARKS
Yippy, Inc. (YIPI) -
http://tmsearch.uspto.gov/bin/showfield?f=doc&state=4807:5u37lq.3.6
Welcome to the Cloud -
http://tmsearch.uspto.gov/bin/showfield?f=doc&state=4807:5u37lq.2.1
Purchase of Vivisimo Velocity now Watson Explorer
Bloomberg lists transaction
http://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=100844940
http://finance.thepennews.com/filing/8-k/0001213900-10-002105/cik-1409136/
Yippy, Inc. mentioned in the news of IBM purchase of Vivisimo after Yippy secured it copy of Watson Explorer (formally Velocity)
http://www.post-gazette.com/business/businessnews/2012/04/26/IBM-will-acquire-Squirrel-Hill-firm-Vivisimo/stories/201204260371
Purchase of Muse Global
http://www.prnewswire.com/news-releases/yippy-inc-yipi-and-museglobal-to-merge-offering-unified-access-to-a-data-cloud-of-curated-content-158411085.html
http://www.marketwatch.com/story/yippy-inc-yipi-licenses-museglobals-muse-content-machine-featuring-muse-smart-connector-technology-2013-06-19
Top 10 search rankings: Here is a sample of only 3 of a bunch that think yippy search has a future.
http://netforbeginners.about.com/od/navigatingthenet/tp/top_10_search_engines_for_beginners.htm
http://omglist.com/misc/internet/top-10-best-internet-search-engines-in-world/
http://alternativeto.net/software/zippy-com/
Yippy partners with Yahoo by CEO Rich Granville
http://www.marketwired.com/press-release/yippy-yipi-partners-with-yahoo-yhoo-for-education-pinksheets-yipi-1545897.htm
Yippy partners with Gale Cengage
http://www.marketwired.com/press-release/yippy-inc-yipi-announces-partnership-with-highbeam-research-and-encyclopediacom-pinksheets-yipi-1542728.htm
Yippy’s Wikipedia page:
http://en.wikipedia.org/wiki/Yippy
CEO - Richard Granville
COO - Errol Walsh
www.yippyinc.com
The positives are piling up and soon the contracts will be too. How
Many deals will global star Yippy solution be worth? Ubiquitous search!!! Google,Microsoft, apple,etc are all trying to get in the game but years away. The Yippy global star solution is ready now and will own the market!!!
The positives are piling up and soon the contracts will be too. How
Many deals will global star some be worth? Ubiquitous search!!! Google,Microsoft, apple,etc are all trying to get in the game but years away. The Yippy global star solution is ready now and will own the market!!!
You mean like every other company in the world does when they have PR. I thought they had no money...guess those contracts are real! Awesome and glad they are helping spread the great news!
Wow everyone sees this is going up. Great that there is more pr
Who is pumping? Product? You mean Yippy EASE, single sign on, Blue Flame...ask globalstar!!! This is about to take off
How about two and ISO!!! Won't take much for $1!!!
15,000 buy order at $.302
Uh oh bid $.30 and ask is $.37...next leg up!!!
Oh my $.31 and up 6%
You mean scam companies like magna manipulate price for their own benefit
Quick look at L2 shows lots of support at $.29 and thin until $.40
$.20 to $.30 in one week. Wow
4 consecutive days over $.30!!!