Dallas, TX -- January 19, 2022 -- InvestorsHub NewsWire --
Vaycaychella, Inc. (OTC
Pink: VAYK) today publish a presentation on the company’s rapid
expansion plans for 2022. The publication today presents the
strategic framework for VAYK’s compressive plan. Follow up
presentations addressing each of the major framework components
outlined herein will be coming over the next several weeks. The
company’s rapid expansion plan presentation is included in its
entirety below:
VAYK Democratizing The Tourism Market To Include Individual and
SMB Operators
VAYK was conceived and launched to support individuals and small
businesses in the acquisition of properties to be used as
short-term rentals leased primarily through the online marketplace
via applications such as Airbnb and Expedia.
VAYK has an ongoing pilot project consisting of 10 beach house
properties and a small boutique hotel where VAYK provided the
financing for small businesses to acquire and renovate the real
estate. The properties are all in the Caribbean and the majority of
properties are in Cuba. All of the properties are in economically
distressed locations with excellent beaches. The businesses backed
by VAYK are doing well, and in spite of Covid, still growing and
generating revenue for VAYK through loan servicing.
VAYK is scaling its pilot project through the creation of an
online application that allows individuals and small businesses to
list properties they want to acquire and seek financing one-on-one
with prospective investors.
VAYK will soon launch a new version of its online application
that expands the one-to-one financing into a one-to-many
opportunity where many individual investors can come together to
back a single project.
The new version of the application is being developed in
parallel with a facility where individuals and small businesses
will be able to create, launch and exchange list cryptocurrencies
to generate investment funds to back prospective property
acquisitions.
Cuba Outlook
VAYK’s Cuba pilot is gaining substantial momentum with an
improving political situation in Cuba and an improving U.S.
diplomatic disposition towards Cuba.
VAYK is in negotiations now to engage in backing a second hotel
property in Cuba in addition to expanding its beach property
portfolio from 10 to as many as 100 this year.
VAYK’s experience and relationships in Cuba have proved to be of
value in new ways separate from VAYK’s short-term rental property
purchase financing focus, but still steadfastly linked to VAYK’s
connection with the overall tourism industry.
Alternet System’s Inc. (OTC
Pink: ALYI) has approached VAYK to explore the opportunity of
expanding ALYI’s initiative to establish a Formula E race in
Nairobi to include the possibility of brining a Formula E
race to Havana. The conversations are early on but the
initial reaction to the idea has been positive.
Cubaesque Expansion (The Cancun Model)
50 years ago, Cancun, today one of the most popular beach
vacation destinations in the world, located on the Yucatan
Peninsula, was a deserted desert island. Cancun’s home State of
Quintan Roo was not even part of Mexico yet when the vision for
Cancun as a vacation destination was first born in 1969.
Just prior to the onset of Covid, Mexico generated an
approximate $21 billion annually from tourism accounting for an
estimated 8% of their overall GDP with 50% of that coming from
Cancun.
The tourism growth in Cancun has spread across the entire
Yucatan Peninsula and continues to grow today. The Yucatan
Peninsula is not just a tourism destination anymore. It’s now home
to a global community of long-term residents hailing from all over
the world.
It all started with those first investors that took a chance on
financing a vision rather than making a loan on otherwise
conventional terms.
We see a Cancun opportunity with the work we are doing in Cuba,
and we believe we are on the cusp of making history.
But there are other Cubaesque/Cancun Model opportunities all
over the world. We are confidently optimistic that the
proliferation of our VAYK App will bring those other
Cubaesque/Cancun Model opportunities to light, and when we find
them, we will shout it from the mountain tops.
New Technologies Making Tourism Revenue More Than A
Brand Name Opportunity
While VAYK is founded on facilitating alternative financing to
purchase properties for utilization in the vacation and tourism
industry, VAYK’s long-term vision is much broader and includes
expansion into additional technologies that further democratize the
operation and revenue generation potential of the vast tourism
industry to include more individual and small business
operators.
VAYK has a number of irons in the fire in regard to new
technologies beyond our alternative peer-to-peer finance
application and cryptocurrency crowdfunding expansion. The two
technologies furthest down the pipeline involve online financial
services, and compressive white label booking tools.
We expect to soon introduce online financial services to
vacation property hosts that will give hosts access to opening and
managing bank accounts online to include giving hosts their own
credit cards and the ability to process their customers credit card
payments.
We also expect to introduce a solution that will give hosts the
ability to offer air travel booking, car rental and travel
insurance all from their own website adding commission income to
their rental income.
VAYK 2.0 Release Update
The release of VAYK 2.0 adding the new one-to-many crowdfunding
financing functions and laying the groundwork for connectivity to
the coming cryptocurrency offering creation functionality was
expected to be out by the end of December 2021. Our project manager
for the application development took ill with a case of Covid and
the release was delayed. She is now back to work and expects to
have VAYK 2.0 live by the end of January.
Today’s presentation is a framework of the VAYK plan for 2022
and beyond. Over the next few weeks, additional management updates
will be published with further detail on each framework components
outlined herein.
To learn more and keep up with the latest updates at
Vaycaychella, and to access the Vaycaychella App,
visit https://www.vaycaychella.com/.
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
occur.
WSGF Contact:
William "Bill" Justice
bill@vaycaychella.com
(800) 871-0376
Alternet Systems (PK) (USOTC:ALYI)
Historical Stock Chart
From Aug 2024 to Sep 2024
Alternet Systems (PK) (USOTC:ALYI)
Historical Stock Chart
From Sep 2023 to Sep 2024