WSGF Announces Name Change To Vaycaychella And Issues Management Update
November 09 2021 - 11:18AM
ADVFN Crypto NewsWire
Dallas, Texas -- November 9, 2021 --
InvestorsHub NewsWire -- World Series of Golf, Inc.
(USOTC:
WSGF) ("WSGF”) today
released a management update that includes announcing a corporate
name change to Vaycaychella to reflect the company’s new business
direction as a technology company operating in the short-term
vacation property rental market upstream from technology companies
to include Airbnb (ABNB), VRBO (EXPE), and Booking.com
(BKNG).
Following the details on the name change
is an update from the company CEO, William “Bill”
Justice.
The company, formerly known as World
Series of Golf, Inc., is incorporated in the State of Wyoming where
its name change to Vaycaychella has been
effected.
Last year, the company acquired a business
in the short-term property rental market named Vaycaychella and
proceeded to build a software application based on the business
model of the acquired business. The company now supports
entrepreneurs in financing the acquisition and renovation of
short-term vacation rental properties through a P2P software
application. The name change announced today reflects WSGF’s
overall shift to focusing on the short-term property rental
market.
Management is currently working to have
the name change reflected with OTC Markets where the company’s
stock is quoted. The name change update with OTC Markets will
include a new ticker symbol.
Management Update
From CEO William “Bill”
Justice:
Our corporate name change has taken longer
than anticipated and I am so pleased to finally announce it being
complete in Wyoming where we are incorporated. I am
optimistic the update with OTC Markets and the issuance of a new
ticker symbol will be completed
promptly.
In response to a number of shareholder
emails asking about details surrounding the name change, no, the
name change update with OTC Markets and the issuance of a new
ticker symbol will not include a reverse split, nor a forward split
of the company’s shares.
We have not been idle while waiting for
the name change. In conjunction with the update here, I
encourage you to review the update we released last month on the
company’s major initiatives to include our cryptocurrency
developments, our coming Vaycaychella App Version 2.0 release, and
our M&A developments anticipated to expand our user
functionality giving short-term property rental operators the
ability to provide their renters with comprehensive travel
booking:
We have engaged an experienced and proven
resource to construct a Vaycaychella cryptocurrency exchange where
our short-term vacation property rental entrepreneurs will be able
to list cryptocurrencies dedicated to raising funds for their
purchase and/or renovation projections. We also plan to
provide tools that help the entrepreneur to create a
cryptocurrency.
Our Vaycaychella App Version 2.0 includes
functionality designed to complement the cryptocurrency
tools.
Both the Vaycaychella App Version 2.0 and
the cryptocurrency exchange are on track to launch before the end
of the year.
We are working closely with our pilot
customer, V-Royal, in the
development of the Vaycaychella App Version 2.0 and the
cryptocurrency exchange. V-Royal has 100’s of target
properties ready to begin listing and supporting with the creation
of dedicated cryptocurrencies. V-Royal and Vaycaychella are
already working closely to be prepared to immediately begin listing
new properties and creating dedicated cryptocurrencies once the App
and Exchange are launched.
We are also making tremendous and exciting
progress with the M&A target highlighted in our last
update. The target company is a highly innovative travel
industry technology start-up with a proven proprietary software
application and corresponding infrastructure to seamlessly
integrate comprehensive travel booking functionality for any
licensee the way
Stripe provides any licensee the ability to process online
payments.
The M&A target would enable
Vaycaychella to give its short-term vacation property
owner/operators the ability to add travel agent revenue providing
their clients with flight booking and car rental
services.
Since our last update, we have engaged the
interest of a notable investment fund that has expressed interest
in backing a transaction with Vaycaychella and the target. We
believe we are within 30 days of executing a major
transaction.
I think the rest of 2021 is going to be a
very exiting time for Vaycaychella and hope you will stay
tuned.
Thank you,
William “Bill”
Justice
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
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