Replies to post #154 on Ecomike's A-Z investments chat board

[Ecomike]

Thanks, I studied Elliot Wave with Grand and a group of math wizards in 2009. We had a team style study group. It worked well. Several people in the group went on to become pro chartists with paid services. He has stayed with it, and does a daily twitter blog chart up date on the SPY, S&P 500.

That is a very interesting link Yippi OTC news), and confirms some thoughts and things I have been led to believe about the status of IFUS.

It also suggests that moving from a non reporting to fully audited, fully reporting status can be a bad thing for retail shareholders as it can free up a flood of restricted shares to move into the float, which can be a disaster if the financials do not show a massively undervalued stock. Here is the text from the link you shared:

Update to Shareholders
Nov 08, 2013

OTC Disclosure & News Service

Fort Myers, FL - Shareholders,

Yesterday and today I have been inundated with calls from shareholders due in part to the OTC Market closure yesterday.........

I have had many calls regarding our update on the audit and those who are requesting information on the Fortune 100 company that Yippy has under contract. I would like to take the time now to answer both of those questions so all shareholders may have this information to view over the weekend.

First, Yippy will not publish audited financials until after January 2014. The reason for this is simple.

The Board of Directors wants to close the only loophole for the conversion of Restricted 144 stock into free trading stock under Rule 4(1).

Rule 4(1) states that if a shareholder has held stock (warrants and options included) in a company for more than 2 years and is not a officer, director or affiliate and the company has adequate (audited) financial statements on file, then restricted stock legend may be removed under this rule per the SEC guidelines.

I have been in contract with our transfer agency regarding this issue and we are both in perfect agreement. There will be no legal opinion allowed under Rule 4(1) without the Company having audited financial statements on file with the OTC Markets Group.

This means no new stock coming into the market, and Yippy's free trading float will remain the same as stated in our last financial report through the end of our fiscal third quarter unless we file a Form 10.

The current float as of the date of this release is 9,180,000 shares.

Yippy does have a Fortune 100 company under contract which we have billed in the six figures as of the date of this release. We are in the second phase of development with this customer and at some point we will release the name and the total contract value (TCV) of this deal to the shareholders. It is important to understand that when dealing with customers of this size, the time of transition from one system to another is lengthy.

Additionally, we are in an iron clad NDA as it relates to press releases and disclosures. I understand the need to for shareholders to know, but it is impossible for us to disclose for more reasons than I have time to site in this release.

Additionally, Yippy is not a printing press like most OTC Pink companies. We have great products and no need to bolster our financial statements with misinformation. Our pipeline is full with pending deals and I expect our next quarterly report to be our best ever.

I hope this answers your questions.

Respectfully,

Rich Granville
Chairman and CEO
Yippy, Inc.

What I do not see covered is a convertible debt discussion that always seems to be turned into new dumped shares with little or no notice, that always seems to bypass the topic above (when and if there is real convertible debt lurking???). And the shorts and debt holders always seem to short the stock heavily before converting the debt to increase their profits making the way under retail priced conversion and dump even worse on longs, a double whammy.