WSGF- Vaycaychella Mexican Caribbean Property Acquisition To Close Tomorrow
Dallas, TX -- December 14, 2020 -- InvestorsHub NewsWire --
World Series of Golf, Inc. (OTC
Pink: WSGF) ("WSGF"), through its new subsidiary, Vaycaychella,
today announced the previosly announced Mexican Caribbean
coast property acquistion set to close on schedule, tomorrow,
Tuesday, December 15, 2020.
WSGF acquired Vaycaychella, a sharing economy technology company
with a P2P App to connect entrepreneurs seeking to acquire
short-term rental vacation properties with investors to back them,
earlier this year in January. WSGF is in the process of making a
corporate name change in conjunction with its new Vaycaychella
Vaycaychella is a three-year-old operation that has built a
business model focused on financing short-term vacation rental
properties outside of conventional financing channels.
Vaycaychella's mission is to empower entrepreneurs looking to get
into the short-term vacation property rental business marketed
through sharing technology apps such as Airbnb, Booking.com and
Now that Vaycaychella has established a proven model through
developing a portfolio of properties that includes 10 Caribbean
beach front vacation homes, a boutique hotel, and a recently
acquired 3 unit building in Puerto Rico with an overall estimated
cumulative value of $12 million, the company is scaling that model
with the introduction of a peer-to-peer (P2P) application (App)
designed to connect new and existing short-term vacation property
rental operators with prospective investors.
Last week, Goldman Small Cap Research published a research
analyst report covering WSGF's new subsidiary, Vaycaychella.
In conjunction with the Goldman report, WSGF management
the potential to achieve $100 million in revenue in the
first twelve months following the production launch of
Vaycaychella's peer to peer (P2P) application (app) designed to
connect current and prospective short-term rental property
operators with investors to finance acquisition and refurbishment
of short-term rental properties.
Vaycaychella's P2P app is currently developed and undergoing an
internal testing phase. Vaycaychella has begun to assemble beta
users for a next phase of evaluation and testing.
Goldman's report provides a detailed narrative on Vaycaychella's
business model detailing how the company's P2P technology fits into
the overall short-term vacation rental market currently spotlighted
by the Airbnb (ABNB)
Initial Public Offering (IPO) happening this week.
The full Goldman report can be viewed at the link below.
- The Next Generation Sharing Economy Firm; Substantial Stock Gains
To learn more and keep up with the latest updates at
Vaycaychella, visit https://www.vaycaychella.com/. At the company website,
you will find a blog with frequent industry publications on the
short-term rental market in general, as well as entries specific to
Disclaimer/Safe Harbor: This news release contains
forward-looking statements within the meaning of the Securities
Litigation Reform Act. The statements reflect the Company's current
views with respect to future events that involve risks and
uncertainties. Among others, these risks include the expectation
that any of the companies mentioned herein will achieve significant
sales, the failure to meet schedule or performance requirements of
the companies' contracts, the companies' liquidity position, the
companies' ability to obtain new contracts, the emergence of
competitors with greater financial resources and the impact of
competitive pricing. In the light of these uncertainties, the
forward-looking events referred to in this release might not
William "Bill" Justice