WSGF -Vaycaychella Finalizes Terms On Another Caribbean Property Expanding $12M P2P Short-Term Vacation Property Model Portfo...
December 09 2020 - 2:56PM
InvestorsHub NewsWire
![VAYCAYCHELLA](https://investorshub.advfn.com/uimage/uploads/2020/12/9/[bgravacaychella.png)
Dallas, TX -- December 9, 2020 --
InvestorsHub NewsWire -- World Series of Golf, Inc. (USOTC:
WSGF) (“WSGF”), through its new subsidiary, Vaycaychella, today
announces finalizing terms to finance a beach front condominium
located on the Mexican Caribbean coast. The closing is scheduled to
take place by next 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 business
focus.
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 Vrbo.
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.
Yesterday, Goldman Small Cap Research
published a research analyst report covering WSGF’s new subsidiary,
Vaycaychella.
In conjunction with the Goldman report,
WSGF management subsequently confirmed 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 Initial Public
Offering (IPO) happening this week.
The full Goldman report can be viewed at
the link below.
WSGF -
The Next Generation Sharing Economy Firm; Substantial Stock Gains
Ahead
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 Vaycaychella.
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
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