I want to personally thank you for your attempts to understand the deal we did with Vivisimo. It was a great deal for our shareholders. Additionally, your statement that Yippy is now a shell since we de-listed is completely false, and you know this Sir.
As the board authority on the Vivisimo deal and all things Yippy, I can assure you that there is no provision whatsoever in the agreement that on default or otherwise Vivisimo had to convert their shares into Yippy common stock. So your comment "Read the agreement, it is in there", is sort of humorous.
This was their choice as we were demonstrating to them the value in our education platform, which has now morphed into Yippy EASE. We created content filters on our side that we allowed Vivisimo to use and there were other favors between the companies through the date of their acquisition by IBM.
Vivisimo's executive staff were very entrepreneurial in their mindset like venture capitalists. We learned much from them and I worked very closely their tech teams on new product development for search. Since that engagement ended we concentrated on access control and security to round out the EASE platform and make it viable for the enterprise.
Now for a lighter topic, that's in the present and not the distant past. I want to get the boards opinion on our new appliance design. We are dubbing the first Yippy EASE appliance "Blue Flame".
The box will be rapped for security purposes with a black carbon fiber skin and have the graphics similar to the image provided below. The bezel on the Blue Flame appliance will also be carbon fiber.
This is what we finished up the last couple of days. I think the team did a great job and our extremely competent CMO, Ms. Debbie Sharken is also to thank. Thanks Deb !!!
I'd like to see what our shareholders think about the name, design of our appliance.
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