-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 ItE7zzxScfBA1l+KUNy87TMOpNX+Rc4SOBFaVO2nt7JI9KpxyBBS6++FOjQzkga2
 w6xEA9MvWIPHB7sxgvTS3w==

<SEC-DOCUMENT>0000930413-07-000345.txt : 20070116
<SEC-HEADER>0000930413-07-000345.hdr.sgml : 20070115
<ACCEPTANCE-DATETIME>20070116104921
ACCESSION NUMBER:		0000930413-07-000345
CONFORMED SUBMISSION TYPE:	SC 13G/A
PUBLIC DOCUMENT COUNT:		2
FILED AS OF DATE:		20070116
DATE AS OF CHANGE:		20070116
GROUP MEMBERS:		GRAND SLAM CAPITAL MASTER FUND, LTD.

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			YP CORP
		CENTRAL INDEX KEY:			0001045742
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-COMPUTER PROGRAMMING SERVICES [7371]
		IRS NUMBER:				850206668
		STATE OF INCORPORATION:			NV
		FISCAL YEAR END:			0930

	FILING VALUES:
		FORM TYPE:		SC 13G/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-54395
		FILM NUMBER:		07530833

	BUSINESS ADDRESS:	
		STREET 1:		4840 E JASMINE ST
		STREET 2:		STE 110
		CITY:			MESA
		STATE:			AZ
		ZIP:			85020
		BUSINESS PHONE:		4806549646

	MAIL ADDRESS:	
		STREET 1:		4840 EAST JASMINE STREET
		STREET 2:		SUITE 105
		CITY:			MESA
		STATE:			AZ
		ZIP:			85020

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	YP NET INC
		DATE OF NAME CHANGE:	19991112

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	RIGL CORP
		DATE OF NAME CHANGE:	19980707

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	RENAISSANCE INTERNATIONAL GROUP LTD
		DATE OF NAME CHANGE:	19980115

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Grand Slam Asset Management LLC
		CENTRAL INDEX KEY:			0001338287
		IRS NUMBER:				233779105
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SC 13G/A

	BUSINESS ADDRESS:	
		STREET 1:		ONE BRIDGE PLAZA, SUITE 355
		CITY:			FORT LEE
		STATE:			NJ
		ZIP:			07024
		BUSINESS PHONE:		201-346-4335

	MAIL ADDRESS:	
		STREET 1:		ONE BRIDGE PLAZA, SUITE 355
		CITY:			FORT LEE
		STATE:			NJ
		ZIP:			07024
</SEC-HEADER>
<DOCUMENT>
<TYPE>SC 13G/A
<SEQUENCE>1
<FILENAME>c46156_sc13ga.txt
<TEXT>

                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                 SCHEDULE 13G/A
                                 (Rule 13d-102)

  Information to be Included in Statements Filed Pursuant to Rule 13d-1(b), (c)
        and (d) and Amendments Thereto Filed Pursuant to Rule 13d-2(b).


                    Under the Securities Exchange Act of 1934
                               (Amendment No. 1)*


                                    YP Corp.
- --------------------------------------------------------------------------------
                                (Name of Issuer)


                    Common Stock, par value $0.001 per share
- --------------------------------------------------------------------------------
                         (Title of Class of Securities)


                                    987824109
- --------------------------------------------------------------------------------
                                 (CUSIP Number)


                                January 11, 2007
- --------------------------------------------------------------------------------
             (Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:

                  / / Rule 13d-1(b)

                  /x/ Rule 13d-l(c)

                  / / Rule 13d-l(d)

*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).


<PAGE>

CUSIP No...................987824109

- --------------------------------------------------------------------------------
1.       Name of Reporting Persons. I.R.S. Identification Nos. of above persons
         (entities only).
         Grand Slam Asset Management, LLC; IRS # 22-3779105

- --------------------------------------------------------------------------------
2.       Check the Appropriate Box if a member of a Group (See Instructions) (a)
         (a) |X| Joint Filing
         (b) |_|

- --------------------------------------------------------------------------------
3.       SEC Use Only

- --------------------------------------------------------------------------------
4.       Citizenship or Place of Organization
         Delaware, USA

- -------------------------- -----------------------------------------------------
Number of Shares           5.   Sole Voting Power              0
Beneficially
Owned by Each
Reporting Person           -----------------------------------------------------
With:                      6.   Shared Voting Power            0


                           -----------------------------------------------------
                           7.   Sole Dispositive Power         0


                           -----------------------------------------------------
                           8.   Shared Dispositive Power       0


- --------------------------------------------------------------------------------
9.       Aggregate Amount Beneficially Owned by Each Reporting Person

         0
- --------------------------------------------------------------------------------
10.      Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See
         Instructions) |_|

- --------------------------------------------------------------------------------
11.      Percent of Class Represented by Amount in Row (9)
         0%

- --------------------------------------------------------------------------------
12.      Type of Reporting Person (See Instructions)
         IA

- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------


                                       2
<PAGE>

CUSIP No...................987824109


- --------------------------------------------------------------------------------
1.       Name of Reporting Persons. I.R.S. Identification Nos. of above persons
         (entities only).
         Grand Slam Capital Master Fund, Ltd.; IRS # 20-0239056


- --------------------------------------------------------------------------------
2.       Check the Appropriate Box if a Member of a Group (See Instructions)
         (a) |X| Joint Filing
         (b) |_|

- --------------------------------------------------------------------------------
3.       SEC Use Only

- --------------------------------------------------------------------------------
4.       Citizenship or Place of Organization
         Cayman Islands

- -------------------------- -----------------------------------------------------
Number of Shares           5.   Sole Voting Power              0
Beneficially
Owned by Each              -----------------------------------------------------
Reporting Person           6.   Shared Voting Power            0
With:
                           -----------------------------------------------------
                           7.   Sole Dispositive Power         0

                           -----------------------------------------------------
                           8.   Shared Dispositive Power       0

- --------------------------------------------------------------------------------
9.       Aggregate Amount Beneficially Owned by Each Reporting Person
         0

- --------------------------------------------------------------------------------
10.      Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See
         Instructions) |_|

- --------------------------------------------------------------------------------
11.      Percent of Class Represented by Amount in Row (9)
         0%

- --------------------------------------------------------------------------------
12.      Type of Reporting Person (See Instructions)
         OO

- --------------------------------------------------------------------------------


                                       3
<PAGE>

Item 1.

         (a) Name of the Issuer:
             YP Corp.
- --------------------------------------------------------------------------------
         (b) Address of Issuer's Principal Executive Offices:
             4840 East Jasmine Street, Suite 105, Mesa, Arizona.
- --------------------------------------------------------------------------------


Item 2.

         (a) Name of Person Filing:

                  (i)      Grand Slam Asset Management, LLC

                  (ii)     Grand Slam Capital Master Fund, Ltd.

- --------------------------------------------------------------------------------
         (b) Address of Principal Business Office, or if none, Residence

                  (i)      Grand Slam Asset Management LLC's principal business
                           office is: 2200 Fletcher Avenue, Fort Lee,
                           New Jersey 07024.

                  (ii)     Grand Slam Capital Master Fund, Ltd.'s principal
                           business office is: c/o Walkers SPV Limited,
                           Walker House, 87 Mary Street, Walker House, George
                           Town, Grand Cayman, KY1-9002, Cayman Islands.

- --------------------------------------------------------------------------------
         (c) Citizenship

                  N/A

- --------------------------------------------------------------------------------
         (d) Title of Class of Securities

             Common Stock, par value $0.001 per share

- --------------------------------------------------------------------------------
         (e) CUSIP Number

             987824109

- --------------------------------------------------------------------------------


                                       4
<PAGE>

Item 3.     If this statement is filed pursuant to ss. 240.13d-1(b) or
            240.13d-2(b) or (c), check whether the person filing is a:

            With respect to Grand Slam Asset Management, LLC:

            (a) |_|     Broker or dealer registered under section 15 of the Act
                        (15 U.S.C. 78o).

            (b) |_|     Bank as defined in section 3(a)(6) of the Act (15 U.S.C.
                        78c).

            (c) |_|     Insurance company as defined in section 3(a)(19) of the
                        Act (15 U.S.C. 78c).

            (d) |_|     Investment company registered under section 8 of the
                        Investment Company Act of 1940 (15 U.S.C. 80a-8).

            (e) |X|     An investment adviser in accordance with
                        ss.240.13d-1(b)(1)(ii)(E);

            (f) |_|     An employee benefit plan or endowment fund in accordance
                        with ss.240.13d-1(b)(1)(ii)(F);

            (g) |_|     A parent holding company or control person in accordance
                        with ss.240.13d- 1(b)(1)(ii)(G);

            (h) |_|     A savings association as defined in Section 3(b) of the
                        Federal Deposit Insurance Act (12 U.S.C. 1813);

            (i) |_|     A church plan that is excluded from the definition of an
                        investment company under section 3(c)(14) of the
                        Investment Company Act of 1940 (15 U.S.C. 80a-3);

            (j) |_|     Group, in accordance with ss.240.13d- 1(b)(1)(ii)(J);

            With respect to Grand Slam Capital Master Fund, Ltd.: Not
            Applicable.

Item 4.     Ownership.

Grand Slam Asset Management, LLC serves as an investment advisor of Grand Slam
Capital Master Fund, Ltd. and may be deemed to control, directly or indirectly,
Grand Slam Capital Master Fund, Ltd. and to beneficially own the shares of
Common Stock being reported by Grand Slam Capital Master Fund, Ltd.

        (A) GRAND SLAM ASSET MANAGEMENT, LLC

                (a) Amount beneficially owned: 0

                (b) Percent of class: 0

                (c) Number of shares as to which person has:

                (i) Sole power to vote or direct the vote: 0

                (ii) Shared power to vote or direct the vote: 0

                (iii) Sole power to dispose or to direct the disposition: 0

                (iv) Shared power to dispose or to direct the disposition: 0


                                       5
<PAGE>

        (B) GRAND SLAM CAPITAL MASTER FUND, LTD.

                (a) Amount beneficially owned: 0

                (b) Percent of class: 0

                (c) Number of shares as to which person has:

                (i) Sole power to vote or direct the vote: 0

                (ii) Shared power to vote or direct the vote: 0

                (iii) Sole power to dispose or to direct the disposition: 0

                (iv) Shared power to dispose or to direct the disposition: 0

Item 5.         Ownership of Five Percent or Less of a Class.

                If this statement is being filed to report the fact that as of
                the date hereof the reporting person has ceased to be the
                beneficial owner of more than 5 percent of the class of
                securities, check the following [X].

Item 6.         Ownership of More than Five Percent on Behalf of Another Person.
                Not Applicable.

Item 7.         Identification and Classification of the Subsidiary Which
                Acquired the Security Being Reported on By the Parent Holding
                Company.
                Not Applicable.

Item 8.         Identification and Classification of Members of the Group.
                Not Applicable.

Item 9.         Notice of Dissolution of Group.
                Not Applicable.

Item 10.        Certification.

                By signing below we certify that, to the best of our knowledge
                and belief, the securities referred to above were not acquired
                and are not held for the purpose of or with the effect of
                changing or influencing the control of the issuer of the
                securities and were not acquired and are not held in connection
                with or as a participant in any transaction having that purpose
                or effect.


                                       6
<PAGE>

                                   SIGNATURES

         After reasonable inquiry and to the best of our knowledge and belief,
we certify that the information set forth in this statement is true, complete
and correct.

         Date:  January 16, 2007



                                        Grand Slam Asset Management, LLC


                                        By:/s/ Mitchell Sacks
                                           -----------------------------------
                                           Name:  Mitchell Sacks
                                           Title: Member



                                        Grand Slam Capital Master Fund, Ltd.


                                        By:/s/ Mitchell Sacks
                                           -----------------------------------
                                           Name:  Mitchell Sacks
                                           Title: Director


                                       7
<PAGE>

                                  EXHIBIT INDEX

Exhibit 99.1:   Joint Filing Agreement, between Grand Slam Asset Management, LLC
                and Grand Slam Capital Master Fund, Ltd, dated January 16, 2007.


                                       8
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>c46156_ex99-1.txt
<TEXT>

                           EXHIBIT 1 TO SCHEDULE 13G/A
                             JOINT FILING AGREEMENT

         The undersigned agree that they are filing jointly pursuant to Rule
13d-1(k)(1) of the Securities Exchange Act of 1934 the statement dated January
16, 2007 containing the information required by Schedule 13G, relating to the
common stock of YP Corp., on behalf of the undersigned.

         Dated: January 16, 2007



                                        Grand Slam Asset Management, LLC


                                        By:/s/ Mitchell Sacks
                                           -----------------------------------
                                           Name:  Mitchell Sacks
                                           Title: Member



                                        Grand Slam Capital Master Fund, Ltd.


                                        By:/s/ Mitchell Sacks
                                           -----------------------------------
                                           Name:  Mitchell Sacks
                                           Title: Director
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----
