Yippy, Inc. (OTCPK:YIPI) entered into a binding letter of intent to acquire Macte Labs, Inc. on June 4, 2012. Terms of deal will be released upon closing on or about June 30, 2012. Yippy, Inc. (OTCPK:YIPI) completed the acquisition of Macte Labs, Inc. on August 1, 2012.