Replies to post #52692 on Yippy, Inc. (YIPI)

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Ouch! So scam company YIPI paid employees, directors and consultants a whopping $3.6 million in only one quarter, when revenues were only $280,000?

This is not good and certainly not a way to run a company!

not surprised though

and why is this not surprising?

because this is what scam companies do!

LOL. Not a cash loss- just a one-time charge of $3,589,630 for employee stock warrant grants rather than accrue charges quarterly.