YIPI CEO on shorts and Magna...looks like there sh
Post# of 102228
Let's relax. There is a process to this which we will be delivering in short order to FINRA and the SEC regarding the illegal shorting activities of Charles Schwab. The evidence we are submitting is absolutely the definition of a "smoking gun".
Schwab and their entity under common control Optionsxpress are well known for this kind of activity and have been fined many times in the past for same.
See these links:
https://www.google.com/?gws_rd=ssl#q=schwab+illegal+shorting
https://www.google.com/?gws_rd=ssl#q=optionsx...l+shorting
Now I want to touch on the recent press about Magna Group and Hanover Holdings. Yippy, Inc. is currently in litigation with Magna, whose CEO is Joshua Sason, as disclosed in our financial statements.
Yippy did not enter into the same kind of notes that caused many of the death spiral events as disclosed on Bloomberg. The "little trick" mentioned in that article is nothing more than Magna Group aka: Josh Sason working in collusion with Transfer Agents, a couple of law firms, and a FINRA regulated Broker Dealer.
Here is how it works.
1) A company enters an agreement with Magna Group or Hanover Holdings.
2) Joshua and Ari Sason then offer the CEO a large amount of money to change tranfer agents to someone friendly to their program.
3) Once a company changes transfer agents Magna Group's Josh Sason then reserves a large amount of shares with the TA which is the cause many of the death spiral events.
Now due to the case I will not disclose how they cause the death spiral, or the accounting for shares and value of same, but I can tell you that insider trading, wire fraud, mail fraud, bad faith, breach of contract and a substantial amount of illegal shorting are involved. The Bloomberg article also touches on the shorting aspect, but does not fully understand the depth and process.
Yippy did not change transfer agents and did not accept the bribe the came from Ari Sason and Michael Abitebol. We have hard documented proof of same. Magna then went to our Transfer Agent on their own to reserve shares and were denied.
This only scratches the surface of how deep this rabbit hole goes with Magna Group and the entities working in collusion with Joshua and Ari Sason, as well as Michael Abitebol.
I can tell you this, with absolute certainty. FINRA and the SEC are aware of our case and our discovery requests, as of 3/12, which will without question expose the underbelly of a very tight group of co-conspirators working with Magna Group's Joshua Sason to destroy companies at will.
We certainly expect this case to open up a Federal Criminal inquiry as well. So for anyone to say that illegal shorting is not happening today I say without question, your wrong and we are going to prove it in a very grand way.
There will be no rebuttal. I consider this tread closed.
With regards,
Rich Granville
CEO
Yippy, Inc.