Tuesday, October 21, 2014 4:53:12 PM
You must stop with these untrue comments. Yippy, Inc. is very stable and has plenty of access to cash.
If you read the default language it states they (Magna Group) sold collateral (shares) without providing an audit of the sale(s). The collateral was not the Company's, it was a third parties who held substantial shares in Yippy which were unrestricted.
The shares were sold between 2012 - early 2014 and they were not properly attributed to the debt accurately. Additionally, the company filed a notice with the NY federal courts last Friday for lawsuit proceedings against Magna Group dba: Hanover Holding.
The technology assets of Yippy are very secure and at no risk whatsoever.
Regards,
Rich
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