Replies to post #30074 on Yippy, Inc. (YIPI)

[JPRMarketing]

They are NOT looking to raise capital it is actually the opposite...


Liquidity and Capital Resources

As of August 31, 2013, the Company had cash on hand of $35,263 and $178,662 in accounts
receivables. The Company had total liabilities of $1,995,187. We believe that we have
sufficient cash on hand to meet our operating expense requirements for the next quarter. We
expect the majority of the liabilities will convert into common shares in the current fiscal year.
Additionally, the Company has not borrowed any new funds from the Magna Group since
November 2012, and the Company is hopeful that it will be able to extinguish that debt before
the end of the Company’s next fiscal quarter.

[JP2222]

Just a thought if liabs were knocked out and revs continue to increase. Why would we even need funding?

Yipi

JP