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Vaycaychella Inc (PK)

Vaycaychella Inc (PK) (VAYK)

0.0006
0.00
( 0.00% )
Updated: 13:16:10

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Key stats and details

Current Price
0.0006
Bid
0.0006
Ask
0.0008
Volume
802,750
0.0005 Day's Range 0.0008
0.0002 52 Week Range 0.0019
Market Cap
Previous Close
0.0006
Open
0.0005
Last Trade
10000
@
0.0006
Last Trade Time
13:16:18
Financial Volume
$ 547
VWAP
0.000682
Average Volume (3m)
1,354,571
Shares Outstanding
862,880,000
Dividend Yield
-
PE Ratio
0.00
Earnings Per Share (EPS)
-
Revenue
-
Net Profit
2.01M

About Vaycaychella Inc (PK)

Sector
Misc Amusement & Rec Service
Industry
Misc Amusement & Rec Service
Headquarters
Las Vegas, Nevada, USA
Founded
-
Vaycaychella Inc (PK) is listed in the Misc Amusement & Rec Service sector of the OTCMarkets with ticker VAYK. The last closing price for Vaycaychella (PK) was $0. Over the last year, Vaycaychella (PK) shares have traded in a share price range of $ 0.0002 to $ 0.0019.

Vaycaychella (PK) currently has 862,880,000 shares outstanding. The market capitalization of Vaycaychella (PK) is $517,728 . Vaycaychella (PK) has a price to earnings ratio (PE ratio) of 0.00.

VAYK Latest News

VAYK Renewed JV to Renovate Historic Landmark into "Most Sought-after Airbnb Place" in Downtown Atlanta

Atlanta, GA -- December 12, 2024 -- InvestorsHub NewsWire -- Vaycaychella, Inc. (OTC Pink: VAYK) ("VAYK") today announces that it has renewed the joint-venture agreement to renovate...

VAYK Reached Agreement on Terms to Acquire $1 Million Company for Disruptive Airbnb Strategy

Atlanta, GA -- December 2, 2024 -- InvestorsHub NewsWire -- Vaycaychella, Inc. (OTC Pink: VAYK) ("VAYK") today announces that the company has reached agreement with the acquiree upon the...

VAYK Confirms Insider Buying at Open Market

Atlanta, GA -- November 5, 2024 -- InvestorsHub NewsWire -- Vaycaychella, Inc. (OTC Pink: VAYK) ("VAYK") confirms today that certain individual with insider information of the company is...

VAYK Clarifies It Has No Business Connection to Persons Under SEC Charge

Atlanta, GA -- October 28, 2024 -- InvestorsHub NewsWire -- Vaycaychella, Inc. (OTC Pink: VAYK) ("VAYK") management clarifies today that the company, since more than 12 months ago, has...

Shares of Short Term Rental Market Investor Soar After Announcement

The domestic U.S. market is the largest short-term rental in the world, having reached $64 billion in total sales, and shares of this firm are soaring as it announced a likely turn to profit for...

VAYK Asserts Goal of Q4 Operationally Profitable and Projects Major 2025 Launch

Atlanta, GA -- October 24, 2024 -- InvestorsHub NewsWire -- Vaycaychella, Inc. (OTC Pink: VAYK) ("VAYK") management asserts today that the company has been receiving stable revenue from its first...

VAYK Confirms Receiving Revenue from First Airbnb Property with 1.4 Million Annual Revenue Goal

Atlanta, GA -- September 4, 2024 -- InvestorsHub NewsWire -- Vaycaychella, Inc. (OTC Pink: VAYK) ("VAYK") announces today that the company has started to receive revenue from its first...

VAYK's Q2 Profit Added to Accumulated Net Profit of Over $2.2 Million In 18 Months

Atlanta, GA -- August 15, 2024 -- InvestorsHub NewsWire -- Vaycaychella, Inc. (OTC Pink: VAYK) ("VAYK"), in its most recent filed of Q2 financial statement, reports a net profit of...

Shares on an Upswing as "Vacay" Firm Closes in on Short-Term Rental Market

Short-term vacation rentals are becoming more popular—and more lucrative. This company’s strategy is to become the comprehensive leader in this $64 billion U.S. market To read the full...

VAYK Announces LOI to Acquire $1 Million Home Service Company to Support Airbnb Business

Atlanta, GA -- August 1, 2024 -- InvestorsHub NewsWire -- Vaycaychella, Inc. (OTC Pink: VAYK) ("VAYK") today announces that the company has reached a letter of intent (LOI) to acquire...

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
10.0001200.00050.00090.000512428820.00061522CS
40.0001200.00050.00130.000513260620.00077804CS
12000.00060.00130.000213545710.00076399CS
26-0.0003-33.33333333330.00090.00130.000211574810.00080229CS
520.0001200.00050.00190.000212597220.00092081CS
156-0.0059-90.76923076920.00650.0091.0E-615715000.00264051CS
260-0.0074-92.50.0080.211.0E-657739460.02223644CS

VAYK - Frequently Asked Questions (FAQ)

What is the current Vaycaychella (PK) share price?
The current share price of Vaycaychella (PK) is $ 0.0006
How many Vaycaychella (PK) shares are in issue?
Vaycaychella (PK) has 862,880,000 shares in issue
What is the market cap of Vaycaychella (PK)?
The market capitalisation of Vaycaychella (PK) is USD 517.73k
What is the 1 year trading range for Vaycaychella (PK) share price?
Vaycaychella (PK) has traded in the range of $ 0.0002 to $ 0.0019 during the past year
What is the reporting currency for Vaycaychella (PK)?
Vaycaychella (PK) reports financial results in USD
What is the latest annual profit for Vaycaychella (PK)?
The latest annual profit of Vaycaychella (PK) is USD 2.01M
What is the registered address of Vaycaychella (PK)?
The registered address for Vaycaychella (PK) is 5450 W SAHARA AVE, STE 300, LAS VEGAS, NEVADA, 89146
What is the Vaycaychella (PK) website address?
The website address for Vaycaychella (PK) is www.vaycaychella.com/
Which industry sector does Vaycaychella (PK) operate in?
Vaycaychella (PK) operates in the MISC AMUSEMENT & REC SERVICE sector

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VAYK Discussion

View Posts
 stock king 1 stock king 1 2 weeks ago
It will climb on its own merits no pumpers needed . Good luck and enjoy
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 stock king 1 stock king 1 2 weeks ago
It will climb on its own merits no pumpers needed . Good luck and enjoy
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 stock king 1 stock king 1 2 weeks ago
Multiple Pennie’s coming watch and enjoy the ride
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ace65 ace65 3 weeks ago
Nice news..ask .0014 and is so thin here.
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JustJack JustJack 3 weeks ago
December 12 2024 - 9:36AM
InvestorsHub NewsWire
Alert
Print
Share On Facebook

Atlanta, GA -- December 12, 2024 -- InvestorsHub NewsWire -- Vaycaychella, Inc. (OTC Pink: VAYK) ("VAYK") today announces that it has renewed the joint-venture agreement to renovate and operate Rufus Rose House, the only standing Victorian mansion in downtown Atlanta, which has 123 years of history and is a National Register of Historic Place. The property currently has a cost value of $2.1 million, and is anticipated to reach a market value of $5 - 8 million upon completion of renovation.

20% Sweet Equity on $5-8 Million Airbnb Property

Under the renewed JV agreement, VAYK will continue to manage the renovation of this historic landmark into a boutique, multi-unit short-term rental (Airbnb etc.) property. VAYK is entitled to a 20% "sweet equity" of the JV, and will receive more equity proportionally when it raises capital for the JV.

"Rufus Rose House is a unique historic treasure and has unrivaled value as a short-term rental, "says Stephanie Anderl, interim CEO of Vaycaychella. "Not only its stunning and aged beauty, both interior and exterior, will appeal to tourists and vacationists who appreciate its antique value, but also its ideal location -- sitting in the busiest street, only one block from the tallest downtown building (the Bank of American Tower), and within walk distance to numerous attractions including the historic Fox Theater – promises a future for it to become the most sought-after Airbnb place in downtown Atlanta."



"Most Sought-After Airbnb Place" to Be Completed Prior to FIFA 2026

In the year 2023, 71.3 million visitors set their feet in downtown Atlanta.

Tourism to Atlanta is expected to explode as the city will host FIFA 2026 world cup. Soccer is the most popular sports in the world and FIFA world cup is the most important event of soccer, held only once every 4 years. VAYK aims to complete the renovation of Rufus Rose House and put it into operation prior to FIFA 2026.



$157 million Federal Funds granted to Nearby Neighborhoods

In addition, the city of Atlanta has started a grand project with $157 million of federal funds, called "the Stitch", which is only two blocks from Rufus Rose House. The Stitch (https://thestitchatl.com/) is a transformational civic infrastructure investment committed to reconnect Downtown and Midtown Atlanta. Once implemented, the Stitch will create approximately 14 acres of urban greenspace and transportation enhancements atop a new, 3/4-mile platform spanning the Downtown Connector between Ted Turner Drive and Piedmont Avenue. The Stitch is expected to stimulate $2-3 billion in private real estate investments in surrounding neighborhoods.

Before the launch of the Stitch, Vaycaychella management estimated that the short-term rental business of Rufus Rose House may generate $500,000 to $700,000 annually. Now VAYK management believes that "the upside of Rufus Rose House will be much higher" despite that no specific numbers have been provided.

The current owner of Rufus Rose House bought this property in 2021 for $1.65 million, and had since then spent several hundreds of thousands to repair and reinforce its structure. Its original goal was to renovate it into an upscale office building. However, Vaycaychella convinced the owner that this property is more suitable for short-term rental, and was entrusted with the exclusive rights to manage its renovation, and to operate it as an Airbnb after renovation.
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ace65 ace65 3 weeks ago
A few million in buys would send it.Tight here.
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JustJack JustJack 3 weeks ago
Low volume BUT it's moving

Hmmmm
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ace65 ace65 3 weeks ago
VAYK.ask .001 nothing there.JUst needs awareness.Easy double.
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HoldEm777 HoldEm777 3 weeks ago
Yep. INTL still bidding the lower band (30 min) with a sell at what I would consider the breakout zone. All that will change quick on volume imo. Seems like a good spot.
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ace65 ace65 3 weeks ago
Buying time its ready imo.
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HoldEm777 HoldEm777 4 weeks ago
For sure… I have had it on my watchlist for a bit thinking the same
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ace65 ace65 4 weeks ago
Just needs buyers and this is in the teens easy...
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HoldEm777 HoldEm777 4 weeks ago
Not trying to rock the boat but that’s usually dilution.
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ace65 ace65 4 weeks ago
Great news out and of course GTSM not moving from the ask.
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JustJack JustJack 4 weeks ago
Atlanta, GA -- December 2, 2024 -- InvestorsHub NewsWire -- Vaycaychella, Inc. (OTC Pink: VAYK) ("VAYK") today announces that the company has reached agreement with the acquiree upon the terms and conditions to acquire 50% non-managerial ownership of a home engineering service company based in Atlanta, Georgia.

The acquisition target reported approximately $1 million revenue for the year 2023, with a solid margin of operating profit.



Payment in Preferred Shares with a Conversion Price of $0.005

The two parties have agreed that 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 eligible to convert into 200 common shares after 24 months, effecting a conversion price of $0.005 per share. This conversion price is more than 700% higher than the most recent closing price of VAYK's common stocks.

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 rest 50% ownership and to completely take over the acquiree. 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 will be one of VAYK's moves to carry out 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 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 acquiree is a home engineering service company, which specializes 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 company expects to close the acquisition by the end of this year.

Disclaimer/Safe Harbor:
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Fufat Fufat 4 weeks ago
https://www.prnewswire.com/news-releases/vayk-reached-agreement-on-terms-to-acquire-1-million-company-for-disruptive-airbnb-strategy-302319638.html
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varjim varjim 1 month ago
https://www.otcmarkets.com/otcapi/company/financial-report/417149/content
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boston127 boston127 2 months ago
That is incorrect. The OTC Short

report lists every sale as a short sale. Do not rely upon it.
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ace65 ace65 2 months ago
4 million bidding now...lets crack this open!
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price_and_volume price_and_volume 2 months ago
Lol, looking forward to Form 4.

Sounds ridiculous tho, and the market doesn't care, or doesn't believe it. that certain individual with insider information is buying its common stocks at the open market.

The company emphasizes that these open market transactions... do not represent the company's official opinion.

According to the company, the insider made the decision based on his perception of intensive short selling. (ME: LOL what a crock)

"According to data published by Financial Industry Regulatory Authority (FINRA), overwhelming majority of open-market trading of our common stocks are presented as short sales, "says Stephanie Anderl, Interim CEO of VAYK. "In many trading days, more than 90%, sometimes 100%, of the trading volume are presented as short sales. This trading pattern makes certain insider believes that our stock is likely underpriced." (ME: referring to THIS?)

As far as the company understands it, insider buying is required to be disclosed to SEC, either immediately on Form 4 if the total trade volume exceeds $10,000, or periodically on Form 5 if the total trade volume does not exceed $10,000. Insider selling should be disclosed immediately no matter the size of transaction. MM shorts would be unloading the shares they accumulated above .0012 in Feb/Mar/Apr from sellers. Booking a 100-200% gain by now selling those shares to punters who like to buy in tripps ain't a crime - its the MM's job.

The crime is in the PR, which has been couched in enough legalese to hide the intent from OTC newbs.

GLTA
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ace65 ace65 2 months ago
Nice news ...lets squeeze GTSM
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JustJack JustJack 2 months ago
VAYK Confirms Insider Buying at Open Market

November 05 2024 - 10:40AM

Atlanta, GA -- November 5, 2024 -- InvestorsHub NewsWire -- Vaycaychella, Inc. (OTC Pink: VAYK) ("VAYK") confirms today that certain individual with insider information of the company is buying its common stocks at the open market.

The company emphasizes that these open market transactions are personal decisions by certain individual, and do not represent the company's official opinion. Neither do they constitute nor imply any public solicitation or offering of the company's securities.

According to the company, the insider made the decision based on his perception of intensive short selling.

"According to data published by Financial Industry Regulatory Authority (FINRA), overwhelming majority of open-market trading of our common stocks are presented as short sales, "says Stephanie Anderl, Interim CEO of VAYK. "In many trading days, more than 90%, sometimes 100%, of the trading volume are presented as short sales. This trading pattern makes certain insider believes that our stock is likely underpriced."

The individual also observed some trading patterns which seemingly reflect the intention of some traders. For example, some sell orders of the same or similar sizes had been posted very regularly, repeating at intervals of exactly 6 seconds, over a certain period of time.

However, the company has no knowledge of how long the individual will continue to buy stocks, or whether he will change his opinion about trading.

As far as the company understands it, insider buying is required to be disclosed to SEC, either immediately on Form 4 if the total trade volume exceeds $10,000, or periodically on Form 5 if the total trade volume does not exceed $10,000. Insider selling should be disclosed immediately no matter the size of transaction.
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UCasset UCasset 2 months ago
Trading is intensive
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ace65 ace65 2 months ago
Looks like it getting larger..i added a few more today earlier.
I have patience..
Thanks for the info!!
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VAYK team VAYK team 2 months ago
According to OTC Short report, 7.58 million of the 8.67 million shares traded yesterday were short sales:

https://www.otcshortreport.com/company/VAYK




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VAYK team VAYK team 2 months ago
If you look into past weeks, there were usually a small sale at lower price, a few minutes before the market close. It looks to me that some people were manipulating the closing price of this stock. The reason is that if closing price is lower, short positions will not be "called" by brokerage firms.

On the contrary, if the closing price gets higher, short positions may get called by the brokers and they would have to cover it....

It's just my theory, but those "last minute cheap sales" of a few thousand shares do look strange to me.
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ace65 ace65 2 months ago
Whassup Lime..Day 1 here of an upward move imo.
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Lime Time Lime Time 2 months ago
lol bears juist got some bad news
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ace65 ace65 2 months ago
GTSM on the bid now at .0011...no surprise.
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ace65 ace65 2 months ago
Looks like it might be starting .001s falling here .
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VAYK team VAYK team 2 months ago
Unfortunately, there are no rules about when a short sale has to be covered. Shorties can let their short sale stand forever.

However, if the stock rallies, short sellers will have to pay more money to their broker to keep their short sale alive, to a point that it will no longer make any sense. And then, practically, they will have to cover their position.

Most short sales on VAYK are probably under $0.0010. So if the stock rallies to, say, $0.0015, suddenly you may see tens of millions of buy orders by the squeezed short sellers.
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Slojab Slojab 2 months ago
That was NOT the purpose of posting that information. In fact, it was just the opposite. It's from the past and needs to be understood as such in the event anyone came across it, like wannaberich did.

To keep the peace here, I'll remove this board from my favorites and not post here again.
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ace65 ace65 2 months ago
Good job shorty is going to have to cover.
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JustJack JustJack 2 months ago
VAYK Clarifies It Has No Business Connection to Persons Under SEC Charge

Atlanta, GA -- October 28, 2024 -- InvestorsHub NewsWire -- Vaycaychella, Inc. (OTC Pink: VAYK) ("VAYK") management clarifies today that the company, since more than 12 months ago, has had no material business connection with certain individuals and entities("persons") who were charged by the Securities and Exchange Commission ("SEC").

The company makes this clarification in response to multiple posts spread online in the past 24 hours, which attempt to link VAYK to charges filed by SEC against a number of persons. The charge itself was filed 12 months ago, in September 2023.

Further, the company confirms that none of its current managers or controlling shareholders hold any material information regarding these charges, and none of them have been questioned by SEC or any other authorities with regard to these charges.

All 5 persons charged by SEC were creditors of the company. However, the company had negotiated with those creditors and settled all the debts prior to the charges were filed. Under these settlements, those creditors forgave a total amount of more than $2.6 million, and converted about $300,000 debt into VAYK restricted shares at a conversion price of $0.0073 per share. The conversion price is 1000% higher than the last closing price of VAYK. After these settlements, none of these persons have held any debt or any other claims against VAYK, neither does the company hold any claims against them.

Some of these persons had received converted common shares of VAYK, prior to January 2022. As far as the management know, none of these persons still hold any significant amount of tradable shares of VAYK.

The company has since significantly changed and enhanced its business model, by refocusing on domestic market, and sold most of its old assets in June 2024 for a profit of approximately $320,000.

All the above settlements and developments have been disclosed in previous filings and news releases.

"It is interesting that a seemingly orchestrated campaign was launched against our company in the past 24 hours by spreading negative 'news' ," says Staphanie Anderl, interim CEO of VAYK. "But theses are not even news. Whatever these people are interested in, they are in pages already turned over. We are focusing on our current business, and will work hard to achieve greater success."


Disclaimer/Safe Harbor:
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ace65 ace65 2 months ago
News out ..concerning the posters here posting irrelevant info.
This is going to get good.
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Slojab Slojab 2 months ago
More on that .....

https://www.securitieslawyer101.com/2023/sec-charges-philip-verges-james-d-tilton-jr-robert-f-malin-and-linda-malin/

https://www.sec.gov/files/litigation/complaints/2024/comp26075.pdf
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wannabeeriche wannabeeriche 2 months ago
From at least June 2017 to June 2022, Defendants—led by Philip Verges—perpetrated a scheme to pump and dump into the market more than $112 million of stock in certain penny stock companies. Verges designed the scheme so that Blue Citi (owned by R. Malin and L. Tilton (in his individual capacity), JDT (owned by Tilton), and other accomplices that Verges nominated (the “Other Nominees”; collectively with Blue Citi, Tilton, and JDT, the “Nominees”) received heavily discounted shares in five penny stock companies: Alternet Systems, Inc. (“ALYI”), Priority Aviation, Inc. (“PJET”), Puration, Inc. (“PURA”), Vaycaychella, Inc. (“VAYK”), and WaterPure International, Inc. (“WPUR”) (collectively, the “PSCs” and individually, a “PSC”). The Nominees ultimately received at least 5.2 billion shares of stock in the PSCs at an 86.64% discount and then proceeded to dump those shares into the market. Blue Citi, Tilton, and JDT alone generated more than $52 million in trading proceeds.

IN THE UNITED STATES DISTRICT COURT FOR THE NORTHERN DISTRICT OF TEXAS DALLAS DIVISION Case No.: 3:23:cv-02146
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ace65 ace65 2 months ago
Thank you...GTSM is the culprit as on Level II .
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VAYK team VAYK team 2 months ago
The company, according to its filing, has ZERO dilution since January 2022, that is almost 3 years ago.

Looks like it's all shorting by speculators.
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ace65 ace65 2 months ago
Either the MM GTSM is selling shares via dilution or shorting.
Do you know if VAYK has any ongoing dilution?
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VAYK team VAYK team 2 months ago
According to OTC Short Report, up to 100% of VAYK's daily volume are short sales.
https://www.otcshortreport.com/company/VAYK

Theoretically, if VAYK share price goes up, or stay stable, short sellers will eventually have to cover their position, and that will result in a "short squeeze", i.e., they will have to buy back the same amount of shares.
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JustJack JustJack 2 months ago
Atlanta, GA -- October 24, 2024 -- InvestorsHub NewsWire -- Vaycaychella, Inc. (OTC Pink: VAYK) ("VAYK") management asserts today that the company has been receiving stable revenue from its first acquired Airbnb operation, and is continue growing its metro-Atlanta business with the goal to become operationally profitable in Q4 2024. Additionally, the company may launch a major business initiative in the year 2025, which has the potential to revolutionize the short-term rental (Airbnb etc.) industry.

Q4 Operating Profit Likely

Back in February of this year, the company announced that it would refocus its Airbnb business to the domestic market of USA, mostly in fast-growing metropolitan areas such as Atlanta, Georgia. Domestic USA market is the largest short-term rental market in the world, having reached $64 billion in total sales, according to AirDnA.

Concurrently, the company has rebuilt its management team and retained a local entrepreneur, Stephanie Anderl, who has solid experience in Airbnb operation, to serve as its interim CEO. According to the company, Ms Anderl played an instrumental role in acquiring the operating rights to its first Airbnb property. Under the leadership of Anderl, the Company aims to acquire rights to operate 10 to 20 short-term rental (Airbnb) properties, of a total market value of $5 million to $10 million, in the coming months.

The first acquisition has been generating revenue for the company in the past two months, according to Anderl. It is likely that the company will book a small operating profit for the fourth quarter of 2024.

On Track to $1.5 – 2.1 million Annual Revenue

"Additionally, the company has acquired the rights to renovate a historic landmark in downtown Atlanta into a $5 million Airbnb property," says Ms Anderl. "Altogether, the company is on track to achieve our goal of operating a short-term rental portfolio valued of approximately $20 million, in the year of 2025."

"With the estimate of about $50K – 70K gross revenue per property per year, the company will be able to generate $1.0 million to $1.4 million annual revenue from managing 20 properties. And the historic landmark building may add another $500K to $700K revenue, to increase the total operating revenue to $1.5 million to $2.1 million. Based on my experience, operating profit margin from these revenues can be as high as 30-50%."

Possible Launch of Major Business Initiative in 2025

Further, Anderl confirms that the company is working with business partners and prospective investors to possibly kick off a major business initiative in the year 2025.

"The new business initiative will integrate real estate development, financial engineering, social accountability, and short-term rental management," says Anderl. "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."



Disclaimer/Safe Harbor:
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ace65 ace65 2 months ago
News out...looking good up 80%
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JustJack JustJack 4 months ago
Atlanta, GA -- September 4, 2024 -- InvestorsHub NewsWire -- Vaycaychella, Inc. (OTC Pink: VAYK) ("VAYK") announces today that the company has started to receive revenue from its first short-term rental (Airbnb) property.

Back in February of this year, the company announced that it would refocus its Airbnb business to the domestic market of USA, mostly in fast-growing metropolitan areas such as Atlanta, Georgia. Domestic USA market is the largest short-term rental market in the world, having reached $64 billion in total sales, according to AirDnA.

Concurrently, the company has rebuilt its management team and retained a local entrepreneur, Stephanie Anderl, who has solid experience in Airbnb operation, to serve as its interim CEO. According to the company, Ms Anderl played an instrumental role in acquiring the operating rights to its first Airbnb property.

1 to 1.4 Million Annual Revenue Goal

"We are excited that we have received revenue from operation of the first Airbnb property in metro Atlanta area," says Anderl. "Before I joined the team, the company had developed a plan to acquire the operation of more than $20 million Airbnb properties. It had also acquired the rights to renovate a historic landmark into a $5 million Airbnb property. Now I am using my own knowledge in this niche to grow the company and operate more Airbnb properties."

"My short-term goal is 10 to 20 properties," declares Anderl. "With the estimate of about $50K – 70K gross revenue per property per year, the company will be able to generate $1.0 million to $1.4 million annual revenue from managing 20 properties. Based on my experience, operating profit margin from these revenues can be as high as 30-50%."
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Slojab Slojab 5 months ago
I hardly think anything I posted gave the impression VAYK is a scam. I'll stand by my previous posts here to indicate that. I'm sorry you think it "was dirty".
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ace65 ace65 5 months ago
So you post this and have anybody looking at VAYK today thinking its a scam
and then apologize for it but the damage is already done,thats dirty.
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Slojab Slojab 5 months ago
Anyone can take on the alias "VAYK team" and post anything they want. Happens all the time. If you're a company representative, my apologies, as I've expressed.

you are intentionally spreading false information about a public company.

That's what I was trying to forestall occurring here with someone posing as a company representative.

I'll end this thread here. If you want to confirm your status, fine. We may have gotten off on the wrong foot.
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VAYK team VAYK team 5 months ago
Did the press release in itself clearly state that there is no operative revenue so far?

It also says that there will be operating revenue starting from this month.

Have you actually read the press release? If you have, you are intentionally spreading false information about a public company.

Slojab PremiumMember 8 minutes ago
Post #9,545
Re: #9,542: @VAYK team - Where is the whitewashing? Can you please be specific?
My apologies. I've been informed by pm that I may have been a bit harsh with my response to what was a typical positive-only press release of an otherwise disappointing quarterly filing. No revenue is always a bad thing and obviously wouldn't get mentioned in a press release.

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Slojab Slojab 5 months ago
My apologies. I've been informed by pm that I may have been a bit harsh with my response to what was a typical positive-only press release of an otherwise disappointing quarterly filing. No revenue is always a bad thing and obviously wouldn't get mentioned in a press release.

I'll assume that you represent the company. My hopes are that people here can ask you questions for which you're able to address and you won't just drop by when it suits you.

Oops. There I go again being terse. Apologies again.

Earlier, I wished good things for Stephanie as the new CEO, interim or not, and commended her decision to focus on the local domestic market. I still do.
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Slojab Slojab 5 months ago
The entire press release.

Now, respond to my next post.
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