JustJack
6 days ago
I don't understand why one would do this?
February 28, 2025 -- InvestorsHub NewsWire -- Vaycaychella, Inc. (OTC Pink: VAYK) ("VAYK") announces that its management has proposed a stock repurchase program, under which the company will buy back through private deals up to 100 million shares, and will subsequently cancel these shares.
Bla bla bla
Participating shareholders must be willing to sell all their shares back to the company at a discounted price.
Bla bla bla
Ms. Anderl highlighted that this program would benefit participating shareholders by allowing them to cash in their positions immediately, rather than selling in small increments over an extended time, which can sometimes take several months or even longer
JustJack
1 week ago
======Full text of Corrected News Release dated February 18 ========
VAYK Confirms No Dilution Following Recent Acquisition and 11 Million Insider Purchase
(Atlanta, Georgia, February 18, 2025) – Vaycaychella, Inc. (OTC Pink: VAYK) ("VAYK") confirmed today that the company's common shares will not experience any dilution upon the closing of its recent acquisition of a $1 million company.
No Dilution Until 24 Months Later & Above $0.005 PPS
"We completed this no-cash acquisition by issuing to the seller preferred shares with a total face value of $500,000," explained Stephanie Anderl, interim CEO of VAYK. "These preferred shares are non-tradable. They can only be converted after 24 months or when our stocks are stably traded above $0.005 per share."
Even when those shares become eligible for conversion, the conversion will be conducted at a fixed price of $0.005 per share. Therefore, any shareholder who has purchased or will purchase VAYK stocks below the price of $0.005 will experience no dilution, and will instead enjoy a premium.
"Our common stocks closed at $0.0008 per share yesterday, which is less than 1/6 of these preferred shares' conversion price. In other words, the conversion price is 6.25 times higher than our current share price," said Anderl.
No Free-tradable Shares issued for Almost 3 Years
In fact, VAYK has not issued any free-tradable shares since May 2022, which is almost 3 years ago. The company has only delivered two issuances of restricted shares since then. These include approximately 43 million restricted shares issued at a price of $0.0073, which is 9.1 times higher than the current share price. The other issuance is 20 million restricted shares issued at a price of $0.0008, but those shares are not eligible for trading until July 2026.
Anderl emphasized that the company is committed to not issuing any free-tradable shares until its share price rebounds to a "reasonable level".
"We understand that people will have different opinion on what a reasonable level should be," said Anderl. "Let me put it in this way: we believe that it is unreasonable for a company to issue low-cost shares to flood the market, when there are still substantial number of investors who have purchased our shares in the last 3 years are under water."
Insider Purchase of Over 11 Million Shares
Additionally, Anderl disclosed that a person who holds insider information has purchased more than 11 million shares on the open market since last November.
"The insider made those purchases because they believed there were no other channels to acquire our common shares at the current price level," elaborate Anderl. "As our disclosure has shown, the company has not issued any low-cost shares in the past three years and will definitely not issue any free-tradable shares at the current market level. Anyone who wants to own shares at the current market price level will have to buy from the open market."
Anderl shares that the insider has expressed their intention to purchase more share on the open market, but has given no indication about the timing and volume of future purchases. Also, since VAYK is not SEC reporting, insider trading will not be disclosed on Form 4 or Form 5 but will be disclosed alternatively.
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.
VAYK Contact:
Contact@Vaycaychella.com
JustJack
1 week ago
ATLANTA, Feb. 18, 2025 /PRNewswire/ -- Vaycaychella, Inc. (OTC Pink: VAYK) ("VAYK") confirmed today that the company's common shares will not experience any dilution upon the closing of its recent acquisition of a $1 million company.
1. No Dilution Until 24 Months Later & Above $0.005 PPS
"We completed this no-cash acquisition by issuing to the seller preferred shares with a total face value of $500,000," explained Stephanie Anderl, interim CEO of VAYK. "These preferred shares are non-tradable. They can only be converted after 24 months or when our stocks are stably traded above $0.005 per share."
Even when those shares become eligible for conversion, the conversion will be conducted at a fixed price of $0.005 per share. Therefore, any shareholder who has purchased or will purchase VAYK stocks below the price of $0.005 will experience no dilution, and will instead enjoy a premium.
"Our common stocks closed at $0.0008 per share yesterday, which is 1/40 of these preferred shares' conversion price. In other words, the conversion price is 40 times higher than our current share price," said Anderl.
2. No Free-tradable Shares issued for Almost 3 Years
In fact, VAYK has not issued any free-tradable shares since May 2022, which is almost 3 years ago. The company has only delivered two issuances of restricted shares since then. These include approximately 43 million restricted shares issued at a price of $0.0073, which is 90 times higher than the current share price. The other issuance is 20 million restricted shares issued at a price of $0.0008, but those shares are not eligible for trading until July 2026.
Anderl emphasized that the company is committed to not issuing any free-tradable shares until its share price rebounds to a "reasonable level".
"We understand that people will have different opinions on what a reasonable level should be," said Anderl. "Let me put it in this way: we believe that it is unreasonable for a company to issue low-cost shares to flood the market, when there are still a substantial number of investors who have purchased our shares in the last 3 years are under water."
3. Insider Purchase of Over 11 Million Shares
Additionally, Anderl disclosed that a person who holds insider information has purchased more than 11 million shares on the open market since last November.
"The insider made those purchases because they believed there were no other channels to acquire our common shares at the current price level," elaborate Anderl. "As our disclosure has shown, the company has not issued any low-cost shares in the past three years and will definitely not issue any free-tradable shares at the current market level. Anyone who wants to own shares at the current market price level will have to buy from the open market."
Anderl shares that the insider has expressed their intention to purchase more share on the open market, but has given no indication about the timing and volume of future purchases. Also, since VAYK is not SEC reporting, insider trading will not be disclosed on Form 4 or Form 5 but will be disclosed alternatively.
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.
VAYK Contact:
Contact@Vaycaychella.com
+1 470-804-7144
Cision View original content:https://www.prnewswire.com/news-releases/vayk-confirms-no-dilution-following-recent-acquisition-and-11-million-insider-purchase-302378992.html
SOURCE Vaycaychella, Inc.
JustJack
1 week ago
ATLANTA, Feb. 24, 2025 /PRNewswire/ -- Vaycaychella, Inc. (OTC Pink: VAYK) ("VAYK") management commends the recent earnings report by Airbnb. VAYK believes that the better-than-expected growth of Airbnb is creating a favorable environment for VAYK to launch its upgraded service solution in the coming months.
"We have built our company on the conviction that short-term rentals, whether operated on Airbnb or other similar platforms, represent the future of the hospitality industry. We aim to become a leading service provider in this industry," stated Stephanie Anderl, Interim CEO of VAYK. "The fact that Airbnb's annual revenue has grown more than 300% since 2020 verifies our conviction. This is a fast-growing emerging market, and we are providing a unique service in this market."
VAYK Aims to Build a Tens of Millions Dollar Business
VAYK provides service solutions for individuals who want to become short-term rental hosts. It aims to offer a one-stop solution, including financing tools, renovation services, and management services.
"There are many young entrepreneurs who want to start their own short-term rental business on Airbnb or other platforms. However, many of them lack the resources to start," elaborated Anderl. "In fact, many young people are renting apartment units and re-leasing them on Airbnb, which is actually illegal because it breaches their lease agreement with the apartment owner."
VAYK believes that by offering an affordable solution to these young entrepreneurs, it can build a service business worth tens or even hundreds of millions of dollars in a few years.
A Three-Step Solution for Airbnb Hosts
The first step is to provide financing tools for these young entrepreneurs. Back in 2020, VAYK released an APP to connect investors with Airbnb hosts. The company is currently working to launch a broader platform that, in Anderl's words, will "disrupt the current Airbnb investment model."
"The market has seen many institutional investors who hoard properties and turn them into short-term rentals in large numbers. This trend is actually in contrast to the original concept of the sharing economy. Our platform, instead, will empower individual hosts to operate their own Airbnb properties in their unique style, bringing back the charm of Airbnb as personalized hospitality experiences."
Secondly, the company will renovate properties customized to the demands of their hosts. Last month, the company completed the acquisition of a house engineering and service company, which will offer such customized renovation services. Currently, the company is working with an investor to renovate a historic landmark into a boutique Airbnb property.
Finally, the company will provide management services to Airbnb hosts.
"We expect that a significant percentage of short-term rental hosts are new to this business, and some of them may have regular jobs. Therefore, it is critical for them to get professional help," said Anderl. "Our team has years of experience in managing Airbnb properties, and we will develop or acquire an AI-based tool to make management much easier."
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.
VAYK Contact:
Contact@Vaycaychella.com
+1 470-804-7144
Cision View original content:https://www.prnewswire.com/news-releases/vayk-to-offer-service-solution-capitalizing-on-airbnb-better-than-expected-growth-302383450.html
SOURCE Vaycaychella, Inc.
JustJack
1 week ago
Atlanta, GA -- February 24, 2025 -- InvestorsHub NewsWire -- Vaycaychella, Inc. (OTC Pink: VAYK) ("VAYK") management commends the recent report by Airbnb (NASDAQ: ABNB) that its 2024 annual revenue reached $11.1 billion, a 12.1% increase from 2023. VAYK believes that the better-than-expected growth of Airbnb is creating a favorable environment for VAYK to launch its upgraded service solution in the coming months.
"We have built our company on the conviction that short-term rentals, whether operated on Airbnb or other similar platforms, represent the future of the hospitality industry. We aim to become a leading service provider in this industry," stated Stephanie Anderl, Interim CEO of VAYK. "The fact that Airbnb's annual revenue has grown more than 300% since 2020 verifies our conviction. This is a fast-growing emerging market, and we are providing a unique service in this market."
VAYK Aims to Build a Tens of Millions Dollar Business
VAYK provides service solutions for individuals who want to become short-term rental hosts. It aims to offer a one-stop solution, including financing tools, renovation services, and management services.
"There are many young entrepreneurs who want to start their own short-term rental business on Airbnb or other platforms. However, many of them lack the resources to start," elaborated Anderl. "In fact, many young people are renting apartment units and re-leasing them on Airbnb, which is actually illegal because it breaches their lease agreement with the apartment owner."
VAYK believes that by offering an affordable solution to these young entrepreneurs, it can build a service business worth tens or even hundreds of millions of dollars in a few years.
A Three-Step Solution for Airbnb Hosts
The first step is to provide financing tools for these young entrepreneurs. Back in 2020, VAYK released an APP to connect investors with Airbnb hosts. The company is currently working to launch a broader platform that, in Anderl's words, will "disrupt the current Airbnb investment model."
"The market has seen many institutional investors who hoard properties and turn them into short-term rentals in large numbers. This trend is actually in contrast to the original concept of the sharing economy. Our platform, instead, will empower individual hosts to operate their own Airbnb properties in their unique style, bringing back the charm of Airbnb as personalized hospitality experiences."
Secondly, the company will renovate properties customized to the demands of their hosts. Last month, the company completed the acquisition of a house engineering and service company, which will offer such customized renovation services. Currently, the company is working with an investor to renovate a historic landmark into a boutique Airbnb property.
Finally, the company will provide management services to Airbnb hosts.
"We expect that a significant percentage of short-term rental hosts are new to this business, and some of them may have regular jobs. Therefore, it is critical for them to get professional help," said Anderl. "Our team has years of experience in managing Airbnb properties, and we will develop or acquire an AI-based tool to make management much easier."
JustJack
2 weeks ago
February 18, 2025 -- InvestorsHub NewsWire -- Vaycaychella, Inc. (OTC Pink: VAYK) ("VAYK") confirmed today that the company's common shares will not experience any dilution upon the closing of its recent acquisition of a $1 million company.
No Dilution Until 24 Months Later & Above $0.005 PPS
"We completed this no-cash acquisition by issuing to the seller preferred shares with a total face value of $500,000," explained Stephanie Anderl, interim CEO of VAYK. "These preferred shares are non-tradable. They can only be converted after 24 months or when our stocks are stably traded above $0.005 per share."
Even when those shares become eligible for conversion, the conversion will be conducted at a fixed price of $0.005 per share. Therefore, any shareholder who has purchased or will purchase VAYK stocks below the price of $0.005 will experience no dilution, and will instead enjoy a premium.
"Our common stocks closed at $0.0008 per share yesterday, which is 1/40 of these preferred shares' conversion price. In other words, the conversion price is 40 times higher than our current share price," said Anderl.
No Free-tradable Shares issued for Almost 3 Years
In fact, VAYK has not issued any free-tradable shares since May 2022, which is almost 3 years ago. The company has only delivered two issuances of restricted shares since then. These include approximately 43 million restricted shares issued at a price of $0.0073, which is 90 times higher than the current share price. The other issuance is 20 million restricted shares issued at a price of $0.0008, but those shares are not eligible for trading until July 2026.
Anderl emphasized that the company is committed to not issuing any free-tradable shares until its share price rebounds to a "reasonable level".
"We understand that people will have different opinion on what a reasonable level should be," said Anderl. "Let me put it in this way: we believe that it is unreasonable for a company to issue low-cost shares to flood the market, when there are still substantial number of investors who have purchased our shares in the last 3 years are under water."
Insider Purchase of Over 11 Million Shares
Additionally, Anderl disclosed that a person who holds insider information has purchased more than 11 million shares on the open market since last November.
"The insider made those purchases because they believed there were no other channels to acquire our common shares at the current price level," elaborate Anderl. "As our disclosure has shown, the company has not issued any low-cost shares in the past three years and will definitely not issue any free-tradable shares at the current market level. Anyone who wants to own shares at the current market price level will have to buy from the open market."
Anderl shares that the insider has expressed their intention to purchase more share on the open market, but has given no indication about the timing and volume of future purchases. Also, since VAYK is not SEC reporting, insider trading will not be disclosed on Form 4 or Form 5 but will be disclosed alternatively.
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.
VAYK Contact:
Contact@Vaycaychella.com
JustJack
4 weeks ago
Vaycaychella, Inc. (OTC Pink: VAYK) ("VAYK") management announced today that the company is projected to report approximately $700,000 in revenue for the year 2024, with an estimated net profit of approximately $150,000.
This marks the second consecutive year of profitability since the new management team took over in 2023. The management team cautions that this revenue and profit projection is based on current knowledge, and the actual results reported in the annual financial statements may differ substantially from this projection.
"In the year 2024, we have divested our legacy assets, commenced operations of our first Airbnb property, and renewed our joint venture agreement to develop the prominent landmark Rufus Rose House into a highly sought-after Airbnb property in downtown Atlanta," said Stephanie Anderl, Interim CEO of Vaycaychella. "Additionally, we concluded the acquisition of an engineering and construction company to serve as our in-house renovation team for short-term rental properties."
"We are pleased with our achievements and are confident in making further progress in 2025," Anderl added.
The company has announced that it is working to launch a disruptive business model in the short-term rental industry. The new business model will integrate real estate development, financial engineering, social accountability, and AI-based short-term rental management.
Besides this new initiative, Anderl hinted that the company is working with a Singapore-based technology consulting firm on the feasibility of reviving its proprietary APP, which provides transaction services backed by cryto-currency technologies.
Disclaimer/Safe Harbor:
JustJack
1 month ago
January 30, 2025 -- InvestorsHub NewsWire -- Vaycaychella, Inc. (OTC Pink: VAYK) ("VAYK") announces the successful acquisition of a 50% non-managerial ownership stake in a home engineering service company based in Atlanta, Georgia. The acquired company reported approximately $1 million in revenue for the year 2023, with a solid operating profit margin.
As part of the deal, the acquisition includes the 2024 P&L of the acquired company, which means that Vaycaychella will consolidate the acquired company's revenue and profit in its pending financial statement for the year 2024.
Payment in Preferred Shares with a Conversion Price of $0.005
VAYK will issue 500,000 Series B preferred stocks to the owner of the business, in exchange for the 50% non-managerial ownership. Each Series B preferred share will bear a face value of $1.00, and will be conditionally eligible to convert into 200 common shares, effecting a conversion price of $0.005 per share. This conversion price is than 500% higher than the most recent closing price of VAYK's common stocks.
Further, those Series B Preferred shares are not eligible to be converted into common shares until 24 months later, or when the price per share of VAYK's common stocks stays above $0.005 for ten consecutive days.
The acquisition price ($500,000 for 50% ownership) is roughly based on 1x Value/Revenue multiple, which is lower than the average multiple of engineering and construction industry, according to the newest available data published by independent valuation provider Eqvista (https://eqvista.com/revenue-multiples-by-industry/).
The company also has a conditional option to acquire the remaining 50% ownership and completely take over the acquired company. The acquisition price will be the same plus preformulated adjustments, but the company will have to pay in cash.
Integrated Part of $100 Million New and Disruptive Airbnb Business Strategy
This acquisition is one of VAYK's strategic moves to implement a disruptive business model in the short-term rental (Airbnb, etc.) industry.
"Our new business model will integrate real estate development, financial engineering, social accountability, and AI-based short-term rental management," declares Stephanie Anderl, Interim CEO of Vaycaychella.
"It will be a revolutionary business model with the potential to redefine the concept of short-term rental, and disrupt the whole short-term rental industry. Our near-term goal is to build a $20 million portfolio and expand it to $100 million with financing."
Anderl confirms that the company is working with business partners and prospective investors to possibly kick off this new business model in the year 2025.
"The acquired company is a home engineering service business specializing in remodeling, redecorating and renovating residential properties," explains Anderl. "Not only it has the potential to grow into a $2 million to $3 million business by itself, but it will also provide an in-house capability to build residential properties customized for our new business model."
The term of the acquisition was finalized last year. However, the parties were only able to close the deal this week due to scheduling issues.
Disclaimer/Safe Harbor:
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