UPDATE: Yappn Corp. Shares Have Slipped, But I'm Doubling Down
Nov 14, 2014 12:58 AM | about stocks: YPPN
INTRODUCTION
The purpose of this article is to provide an update on Yappn Corp. (OTCQB:YPPN) since I published my first article, The Next Disruptive Social Media Tech?. The share price has been very volatile over the past two months, and unfortunately myself, and any Followers who bought YPPN when the article came out are down quite a bit right now. That said, I'm still accumulating- in fact, I've more than doubled my position and have averaged down significantly. The fact that the share price has slipped has only given me a chance to accumulate more. YPPN is a long-term investment for me, at least until the technology is properly vetted by the public.
Today's news about the Daymond John Twitter Chat Q&A is pretty exciting, especially if Yappn gets mentioned during Shark Tank. Don't forget, Yappn only launched its flagship product, FotoYapp, on September 4th, and has only recently started marketing it. If it goes viral the share price could go parabolic. Conversely, the technology could never really catch on. But if you're reading this article chances are that you're long YPPN like I am, or at least interested in the investment. I really believe in the technology, and the expansive market opportunity and growth metrics within the social media and e-commerce spaces. I recognize a void that needs to be filled - to give people and brands the power to be social, conduct commerce and communicate freely without a language barrier - and believe that Yappn Corp. is capable of delivering on it, and rewarding shareholders at the same time.
RECENT NEWS & EVENTS
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News for U:YPPN from 2013-11-13 to 2014-11-13 - 60 items
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There have been eight press releases since I published the first article. While no new revenue numbers have specifically been discussed, it seems that management has been very busy. These initiatives include expanding the functionality and features of FotoYapp, as well as signing Influencers and contracts, and moving forward with marketing efforts.
The New York Fashion Week Launch was a success - it generated 141 million media impression during and after the event. It also lead to Yappn being featured in US Weekly, in the October 20, 2014 issue, topping the popular "Buzzzz-O-Meter" section of US Weekly where entertainment buzz worthy news makes its home.
David Lucatch, CEO of Yappn Corp., has been featured in a number of media publications, including this fantastic article from Fortune.com. The company also launched a new web blog, Why Language Matters. And signed its first major Official Influencer, sports anchor Nancy Newman.
Press and media aside, Yappn has made a strategic move in management level. Industry leader Nicole Meissner has joined the company to lead the UK and European e-commerce and social programs. She has extensive industry experience - here's a link to her bio.
In regards to potential revenue, the company has started rolling out a number of new programs and initiatives. Yappn has begun preliminary programs with 2 start-ups out of China and South America. These sites are focused on e-commerce and data warehousing and will generate transactional, recurring and professional services fees. The company has also announced that it has signed an agreement with an industry leading entertainment merchandising company representing major music recording labels to produce multilingual stores for its artists. Yappn has been contracted to produce three (3) enhanced multilingual stores by January 31, 2015 and a minimum of twenty (20) stores by the end of June 2015. Yappn will receive a fee for each item sold through the multilingual stores with opportunities to create additional revenue programs.
read more here: https://seekingalpha.com/instablog/27523743-point-of-return/3463655-update-yappn-corp-shares-have-slipped-but-im-doubling-down