WSGF - Vaycaychella Anticipates $100 Million In Sales In First Year After Launching P2P App To Finance Airbnb Purchases

December 8, 2020 -- InvestorsHub NewsWire -- via pennymillions/wsgf -- World Series of Golf, Inc. (USOTC: WSGF) (“WSGF”) has repurposed itself with the acquisition of Vaycaychella. The company reports that a corporate name change is under way to reflect the new business which is connecting investors with entrepreneurs looking to buy and operate vacation properties through modern sharing economy apps like Airbnb, Booking.com and Vrbo.

Vaycaychaella is introducing its own sharing economy P2P app designed to connect current and prospective short-term rental property operators with investors to finance acquisition and refurbishment of short-term rental properties.

While Airbnb, Booking.com and VRBO pursue the $87 billion vacation rental market connecting renters and current property owners through their respective P2P apps, Vaycaychella is pursuing a much larger market in connecting investors looking to collectively back the actual property purchases.

The U.S. real estate market is reported by The World Property Journal to currently exceed $33 Trillion. The overall global real estate market grew by $9 trillion last year. Forbes reports that vacation destinations make up one of the fastest growing segments of the real estate market.

So WSGF’s $100 million management revenue projection is certainly not out of the realm of possibility given the size of the market they are pursuing in a sharing economy sector already validated by the likes of Airbnb, Booking.com and VRBO. In fact, it could be argued the revenue projection is a hedge and even substantial hedge at that.

WSGF Management reported today their anticipated “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.”

The potential $100 million outlook reported by management is based on a model where the app facilitates funding of ten thousand properties at an average of $250,000 per property.

Vaycaychella indicates its P2P app is currently developed and undergoing an internal testing phase. Vaycaychella further reported they have begun to assemble beta users for a next phase of evaluation and testing.

Goldman Small Cap Research released an analyst report on WSGF today with a $0.20 PPS Target.

Goldman has conservatively estimated Vaycaychella’s potential to reach $500,000 in 2021 and up to $4 million in 2022.

Goldman plans to provide ongoing coverage.

Here is a link to the full Goldman report published today:

WSGF - The Next Generation Sharing Economy Firm; Substantial Stock Gains Ahead

WSGF is pursuing a big market. With the market being measured in trillions rather than the billions measuring Airbnb, Booking.com, and VRBO’s market, its pretty exciting. WSGF or rather, Vaycaychella, does not seem to have a lot of competition at the moment. So the big “if” for Vayacaychella, is can they execute? If they can check “yes” in the execute box, $100 million in revenue is just getting started.

Other stocks on the move - WDLF, PLYZ and HPIL

SOURCE: pennymillions/wsgf

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