Yenpress stated that this is not a 'contest' per se, there's no winner, and that they can offer as many contracts as they wish but they can also decide to not offer anything to anyone if they don't deem that the quality of the stories and art is not good enough.
They had quite a conflict in making the sizes of the sheet clear, but now they attached a sheet in their site. You can click on it to download or go at theit site here.
Also, Yenpress indicated more guidelines to clear the doubts and questions:
In response to the questions asked so far:-Self-published or web comic experiences are allowed.
-Dimensions : As mentioned above, as long as the proportions are maintained, the size of the paper you use does not really matter. The proportions don’t have to be exact, as long as it’s close.
-32 pages : We really prefer you make your story exactly 32 pages, but we won’t make a fuss if you are +/- 2 pages.
-Teamwork also allowed.
-It has to read left to right. American Style, not Japanese style, remember this.
-On the title page, include your title/name. The logo doesn’t have to be fancy, and the title page doesn’t necessarily have to be a full page of art. If you can find a way to make it part of your story, that’s also fine.
-You don’t have to be in the States to enter.
-There’s no age limit, but if you are under 18 and we like your work, a parent or a guardian will need to sign any contracts or other paperwork.
-We do not seek copyrights for creator-submitted work. Anything submitted will remain the sole copyright of the creator. If we are interested in your submission, we will provide you with a contract outlining our terms.
-Nothing has to be digitally done. You can work with a pen and paper and scan/photocopy them to send to us. We do not want to receive anything via email, that’s it.
-At the end of the day, the instructions are more like a guideline for those you have no idea where to start. If you already know how to do the pages, use your best judgment to show your ability. To stress it again, this is not a CONTEST, so there are no “winners” per se. If we find many submissions that strike our fancy, we might offer multiple contracts, but at the same time, there’s no guarantee that any contracts will be offered. -It all depends on the quality of the submissions we receive. Please note that we are looking for PROFESSIONAL-level work.
Thank you!
Allright folks, let's do our best!
UPDATE: Thanks to user Loominate from Deviantart, who provided a sheet that can be of help for those who still are having trouble in adjusting the pages, it's in Photoshop format. You can use it as a separate or template layer, so you can adjust the page that matches exactly its dimensions.
Here's the link:
http://loominate.deviantart.com/art/Yen-Press-Talent-Search-600dpi-187949806
XD