Yaboo, Inc (0001483798)

WEB NEWS

Tuesday, September 28, 2010

IPO Activity

Yaboo plans for Initial Public Offering.

Company Snapshot:

Operate one restaurant, Qilin Bay Restaurant. 

Underwriter: Company will self underwrite.

Proposed offering price: $0.15

Post IPO Share Calculation:

2,502,000 are being offered by selling shareholders. The Company will receive no proceeds from the offering. 47,278,000 shares of common stock are issued and outstanding. We are also planning to obtain additional funding by issuing debt or the sale of stock, if market conditions are appropriate.  

Financial Snapshot: Losing money on little revenues.  



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