Yippy, Inc. (YIPI)

[ESP24]

Also in Nov. 30, 2014 Quarterly Financials

It states clearly how Yippy was able to attain the license in question:

Note 2. Intangible Assets

On May 17, 2010, the Company entered into a license agreement (the “License Agreement”) with Vivisimo, Inc. (“Vivisimo”),
granting the Company a non-exclusive, world-wide right to the use of “Velocity,” a software information optimization platform that
unifies access to secure business repositories, presents relevant information and enables knowledge sharing across an enterprise, for
use in connection with computer applications currently being developed by the Company. In connection with the License Agreement,
the Company acquired the domain Clusty.com, a metasearch engine, and all sub-domains and scripts related thereto, pursuant to a related
purchase agreement (the “Purchase Agreement”). Vivisimo agreed not to compete with the Company in the consumer search area for a
period of two years. Total consideration paid to Vivisimo under the Purchase Agreement and License Agreement was approximately
$5,550,000 (the “Acquisition Price”). In May 2012, Vivisimo was acquired by IBM.