This message from the CEO was posted on a stock I
Post# of 72440
(Total Views: 307)
Posted On: 12/15/2017 3:56:04 PM
This message from the CEO was posted on a stock I follow but presently own no shares of. This company is also an OTC pink sheet stock that is fighting abusive naked shorting and manipulation. IPIX because of its science is going to beat the shorts and the shareholder base knows that IMO. Once the IPIX war is won I may buy a few shares but until it is all available cash buys shares of IPIX, Go IPIX!!!
From Rich via YIPI investors page 1 hour ago:
Quote:
Folks,
Our stock was manipulated down from 70-80's due to the lawsuit with Magna. As it is disclosed online, Yippy was given a call option for 200K shares of restricted stock held by Magna. As we got closer to the call date the stock was manipulated down to discourage us from calling the option due to the price of the stock being so far out of the money.
We had a $1.00 call option for the 200K shares which I exercised two weeks (9/14/2017) before as the stock was being pushed under 40 cents intraday. Why would I call that option? Because if I did not they would have been given a 3(a)10 which would have caused a waterfall of shares into our market. I could not let that happen.
Magna's lawyers calling myself and our counsel stunned that we were actually calling an option that was 60% out of the money. They need alot of shares to cover a very large naked short held overseas. They need millions, and some reports through very credible sources say the naked short is beyond the float. Tomorrow one of those sources will be made public.
This naked short is Broker dealer to broker dealer, meaning they are not shorting shares to JOE PUBLIC, they are balance sheet trades, collusion trading between offshore entities of US and foreign brokers and MMs. They don't ever care if the shares are delivered because they plan to cover through what every single Pink and BB or microcap does 99% of the time.... THEY START DILUTING. The toxic lenders deliver the shares in large volumes to the naked shorts and they cover the trade, or put the company out of business and it show a huge positive on the balance sheet for the BDs and they get 3x value on margin from their IN THE MONEY naked short. It's literally creating money out of air.
If I did not call that option, they would have received a 3(a)10 and this is how it works. A judge would be able to create through the 3(a)10 instrument as many free trading shares as needed to cover $200K. Now that does not sound so bad at the $.40 cent price. It would only be approx 500K shares of free trading stock. But the reality is they would have front run and naked shorted UNABATED into the market prior to court hearing, turning a .40 cent stock into a .10 and recieve a first allotment of 2M shares, then they front run that allotment, and call the Judge and say we need more shares and the next thing you know there are 10M shares into the market and Yippy is trading at a penny and the naked shorts are filled. I COULD NOT LET THAT HAPPEN.
I put $135K into that option purchase of my own money for the benefit of ALL SHAREHOLDERS and those 200k shares will be retired to treasury reducing our Issued and outstanding share count. I am purchasing shares consistently. Why, because the naked short will not be able to cover in our market, and they will return our true market cap. Yippy is worth over 9 figures due to our IP alone, not to mention we have a significant advantages in our business than the competition.
It is utterly amazing that we have such large customers using our software. We are beating majors, they are paying attention, and discussions are on going. To make it coming from the Pinks you have to have more than a great product, you have to surf a mine field of very nasty players that want to kill companies not help them. Almost everyone will fall victim to these predators, but Yippy will not, because I have my money, my families money, my friends money, and my parents money behind this deal. I do not take a salary and our team is the best in the business.
Manipulation causes selling, causes dissolution and pain, but it cannot win the battle. Yippy has not added 1 share to our float since April 2013. In fact since inception we have added only 7.3% to the float. The company has NEVER sold into our shareholders. We have protected our market so that only moderate swings in value from manipulation can occur. I'm now the 3rd largest free trading shareholder and the largest overall. I know how this game is going to end, Yippy wins.
Hope this helps.
take care...
rich
From Rich via YIPI investors page 1 hour ago:
Quote:
Folks,
Our stock was manipulated down from 70-80's due to the lawsuit with Magna. As it is disclosed online, Yippy was given a call option for 200K shares of restricted stock held by Magna. As we got closer to the call date the stock was manipulated down to discourage us from calling the option due to the price of the stock being so far out of the money.
We had a $1.00 call option for the 200K shares which I exercised two weeks (9/14/2017) before as the stock was being pushed under 40 cents intraday. Why would I call that option? Because if I did not they would have been given a 3(a)10 which would have caused a waterfall of shares into our market. I could not let that happen.
Magna's lawyers calling myself and our counsel stunned that we were actually calling an option that was 60% out of the money. They need alot of shares to cover a very large naked short held overseas. They need millions, and some reports through very credible sources say the naked short is beyond the float. Tomorrow one of those sources will be made public.
This naked short is Broker dealer to broker dealer, meaning they are not shorting shares to JOE PUBLIC, they are balance sheet trades, collusion trading between offshore entities of US and foreign brokers and MMs. They don't ever care if the shares are delivered because they plan to cover through what every single Pink and BB or microcap does 99% of the time.... THEY START DILUTING. The toxic lenders deliver the shares in large volumes to the naked shorts and they cover the trade, or put the company out of business and it show a huge positive on the balance sheet for the BDs and they get 3x value on margin from their IN THE MONEY naked short. It's literally creating money out of air.
If I did not call that option, they would have received a 3(a)10 and this is how it works. A judge would be able to create through the 3(a)10 instrument as many free trading shares as needed to cover $200K. Now that does not sound so bad at the $.40 cent price. It would only be approx 500K shares of free trading stock. But the reality is they would have front run and naked shorted UNABATED into the market prior to court hearing, turning a .40 cent stock into a .10 and recieve a first allotment of 2M shares, then they front run that allotment, and call the Judge and say we need more shares and the next thing you know there are 10M shares into the market and Yippy is trading at a penny and the naked shorts are filled. I COULD NOT LET THAT HAPPEN.
I put $135K into that option purchase of my own money for the benefit of ALL SHAREHOLDERS and those 200k shares will be retired to treasury reducing our Issued and outstanding share count. I am purchasing shares consistently. Why, because the naked short will not be able to cover in our market, and they will return our true market cap. Yippy is worth over 9 figures due to our IP alone, not to mention we have a significant advantages in our business than the competition.
It is utterly amazing that we have such large customers using our software. We are beating majors, they are paying attention, and discussions are on going. To make it coming from the Pinks you have to have more than a great product, you have to surf a mine field of very nasty players that want to kill companies not help them. Almost everyone will fall victim to these predators, but Yippy will not, because I have my money, my families money, my friends money, and my parents money behind this deal. I do not take a salary and our team is the best in the business.
Manipulation causes selling, causes dissolution and pain, but it cannot win the battle. Yippy has not added 1 share to our float since April 2013. In fact since inception we have added only 7.3% to the float. The company has NEVER sold into our shareholders. We have protected our market so that only moderate swings in value from manipulation can occur. I'm now the 3rd largest free trading shareholder and the largest overall. I know how this game is going to end, Yippy wins.
Hope this helps.
take care...
rich
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