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SmallCapNewsRelease:(OTC: YIPI) Secures $2 Million in Funding

Tue, 6 Mar 2012 17:24:42 EST

JERICHO, NY, March 6, 2012, Yippy, Inc. (PINKSHEETS: YIPI) a new economy technology company that develops technologies and application services environments for both consumer and commercial market segments announced today that they have secured $2 million through a structured secured (UCC-1) debt agreement with the Magna Group.
 
Yippy plans to promote itself as 'The Five Star Search Engine'. Yippy boasts its full-time safe search mode, 100% privacy, less duplicate results, spam free answers to your queries and free, 'full text' access to 6,500 subscription based periodicals.
 
Yippy has also recently engaged with a corporate valuation firm that is used by Goldman Sachs and Deutsche Bank Group to provide direction with respect to valuation of the assets held for their most recent filing.  A full report will be made available upon its completion to the shareholders.
 
SmallCapNewsRelease gainers are http://finance.yahoo.com/news/yippy-inc-yipi-announces-2-210000114.html
 
SmallCapNewsRelease gainers are Vermillion, Inc. (NASDAQ: VRML) Encore Bancshares, Inc. (NASDAQ: EBTX) XOMA Corporation (NASDAQ: XOMA) DUSA Pharmaceuticals (NASDAQ: DUSA) Harvest Natural Resources (NYSE: HNR) Iridium Communications (NASDAQ: IRDMW) SPAR Group, Inc (NASDAQ: SGRP) Agenus Inc. (NASDAQ: AGEN)
 
SmallCapNewsRelease decliners are Oncothyreon Inc (NASDAQ: ONTY) ZELTIQ Aesthetics, Inc (NASDAQ: ZLTQ) Sunshine Heart Inc (NYSE: SSH) Aegerion Pharmaceuticals (NASDAQ: AEGR) Tibet Pharmaceuticals, Inc. (NASDAQ: TBET) Standard Motor Products (NYSE: SMP) FriendFinder Networks Inc (NYSE: FFN) U.S. Home Systems, Inc (NASDAQ: USHS)
 
Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor's reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. A third party has hired and paid SmallCapNewsRelease one thousand two hundred and ninety five dollars for the publication and circulation of this news release. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. We have no ownership of equity, no representation do no trading of any kind and send no Faxes or emails.


Source: WebWire



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