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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
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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)
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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.