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Vaycaychella, Inc. (VAYK) is a real estate investment company focusing on the short-term rental market. Recent achievements include landing a $157 million federal grant for a downtown Atlanta project known as 'the Stitch.' This project aims to reconnect Downtown and Midtown Atlanta, potentially boosting VAYK's newly acquired $5 million short-term rental property. VAYK has also secured eligibility for a $1.8 million investment under the EB5 program, offering investors a 5-year interest-free loan. The company is expanding its operations to the domestic short-term rental market, exemplified by its strategic discussions for acquiring a 50% non-managerial ownership in a home service business in Atlanta. Furthermore, VAYK has brought aboard Stephanie Anderl as its Executive Vice-President for the domestic market, focusing on growing the company's presence in the $64 billion domestic short-term rental market.
Vaycaychella (VAYK) has announced a proposed stock repurchase program to buy back up to 100 million shares through private deals. The program targets shareholders owning over 20 million shares individually or groups of up to five shareholders collectively owning more than 40 million shares.
The repurchased shares will be canceled, reducing the total outstanding shares. Participating shareholders must sell their entire holdings at a 'substantial' discount to current market price. The program requires approval from the Board of Directors at their mid-March meeting.
Interim CEO Stephanie Anderl emphasized this program would benefit shareholders seeking immediate liquidation of their positions, rather than selling gradually over months. The exact repurchase price remains undisclosed but will be subject to negotiation between the company and participating shareholders.
Vaycaychella (VAYK) has issued a correction to its February 18, 2025 news release regarding mathematical errors in calculating share price premiums. The company clarified that its preferred shares' conversion price of $0.005 is 6.25 times higher (not 40 times) than the current share price of $0.0008, and $0.0073 is 9.1 times higher (not 90 times) than $0.0008.
The original news detailed a no-cash acquisition worth $1 million, funded through $500,000 in preferred shares convertible after 24 months or when stock trades above $0.005. VAYK hasn't issued free-tradable shares since May 2022, with only two restricted share issuances since then: 43 million at $0.0073 and 20 million at $0.0008 (locked until July 2026). Additionally, an insider has purchased over 11 million shares since November on the open market.
Vaycaychella (VAYK) has announced plans to launch an upgraded service solution targeting the short-term rental market, capitalizing on Airbnb's recent growth of over 300% since 2020. The company is developing a three-step solution for Airbnb hosts:
1. A financing platform to connect investors with hosts, aiming to 'disrupt the current Airbnb investment model'
2. Property renovation services through a recently acquired house engineering company
3. Professional management services with planned AI-based tools
Interim CEO Stephanie Anderl emphasized VAYK's focus on empowering individual hosts rather than institutional investors. The company aims to build a service business potentially worth tens or hundreds of millions of dollars in the coming years, targeting young entrepreneurs who want to enter the short-term rental market but lack resources.
Vaycaychella (VAYK) has confirmed that its recent $1 million acquisition will not cause immediate share dilution. The deal was structured using preferred shares valued at $500,000, which are non-tradable and can only be converted after 24 months or when the stock trades above $0.005 per share. The conversion price is fixed at $0.005, which is 40 times higher than the current share price of $0.0008.
The company hasn't issued any free-tradable shares since May 2022, with only two restricted share issuances since then: 43 million shares at $0.0073 and 20 million shares at $0.0008 (not tradable until July 2026). Additionally, an insider has purchased over 11 million shares on the open market since November 2024, with intentions to purchase more.
Vaycaychella (VAYK) projects approximately $700,000 in revenue for 2024, with an estimated net profit of $150,000, marking its second consecutive profitable year since new management took over in 2023. The company has undergone significant transformations, including divesting legacy assets and launching its first Airbnb property.
Key developments include renewing a joint venture agreement to develop the Rufus Rose House into an Airbnb property in downtown Atlanta and acquiring an engineering and construction company for in-house renovation capabilities. VAYK is developing a new business model integrating real estate development, financial engineering, social accountability, and AI-based rental management. The company is also exploring the revival of its proprietary cryptocurrency-backed transaction services APP with a Singapore-based technology consulting firm.
Vaycaychella (VAYK) has acquired a 50% non-managerial stake in an Atlanta-based home engineering service company that generated approximately $1 million in revenue in 2023. The acquisition, valued at $500,000, will be paid through 500,000 Series B preferred shares with a $1.00 face value each, convertible to 200 common shares at $0.005 per share after 24 months.
The acquisition price represents roughly 1x Value/Revenue multiple, below the industry average. VAYK has an option to acquire the remaining 50% ownership for cash. This acquisition is part of VAYK's strategy to implement a disruptive business model in the short-term rental industry, with goals to build a $20 million portfolio and expand it to $100 million with financing.
The acquired company specializes in remodeling and renovating residential properties, with potential growth to $2-3 million in revenue.
Vaycaychella (VAYK) has renewed its joint venture agreement to renovate and operate the Rufus Rose House, the only standing Victorian mansion in downtown Atlanta. The property, valued at $2.1 million, is expected to reach $5-8 million after renovation. VAYK will receive 20% 'sweet equity' in the project, with potential for more based on capital raised.
The historic landmark will be converted into a multi-unit short-term rental property, strategically located near major attractions. With Atlanta hosting FIFA 2026 and the upcoming $157 million 'Stitch' project nearby, VAYK projects annual rental revenue of $500,000-$700,000, with potential for higher returns. The company aims to complete renovation before FIFA 2026, capitalizing on Atlanta's tourism growth, which saw 71.3 million visitors in 2023.
Vaycaychella (VAYK) has agreed to acquire 50% non-managerial ownership of an Atlanta-based home engineering service company that reported $1 million revenue in 2023. The acquisition, valued at $500,000, will be paid through 500,000 Series B preferred shares with a $1.00 face value, convertible to common shares at $0.005 after 24 months. This acquisition is part of VAYK's strategy to develop a $100 million disruptive Airbnb business model integrating real estate development, financial engineering, and short-term rental management. The company aims to build a $20 million portfolio initially, with plans to expand to $100 million with financing. The target company specializes in property remodeling and renovation, with potential growth to $2-3 million in revenue.
Vaycaychella (VAYK) has confirmed that an insider is purchasing company stock in the open market. According to the company, this decision was based on the insider's observation of intensive short selling patterns. FINRA data shows that over 90% of open-market trading volume of VAYK common stock consists of short sales. The insider noted suspicious trading patterns, including repetitive sell orders at 6-second intervals. The company clarifies that these purchases are personal decisions and not official company actions, requiring SEC disclosure via Form 4 or Form 5 depending on transaction volume.
Vaycaychella (VAYK) has issued a clarification stating it has no material business connection with individuals charged by the SEC in September 2023. The company settled all debts with these former creditors prior to the charges, resulting in debt forgiveness of over $2.6 million and conversion of about $300,000 debt into restricted shares at $0.0073 per share.
The company has since transformed its business model by focusing on the domestic market and sold most of its old assets in June 2024 for a $320,000 profit. VAYK confirms that none of its current management or controlling shareholders are involved with or have information about these SEC charges.
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