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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 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.
Vaycaychella (VAYK) reports stable revenue from its first Airbnb operation and aims for operational profitability in Q4 2024. Under interim CEO Stephanie Anderl, the company plans to acquire rights to operate 10-20 Airbnb properties worth $5-10 million. The company has also secured rights to renovate a historic Atlanta landmark into a $5 million Airbnb property. VAYK projects annual revenue of $1.5-2.1 million by 2025, with operating profit margins of 30-50%. Additionally, the company hints at launching a major business initiative in 2025 that could potentially revolutionize the short-term rental industry.
Vaycaychella, Inc. (OTC Pink: VAYK) has announced the receipt of revenue from its first Airbnb property in the Atlanta metro area. The company has refocused its short-term rental business on the domestic USA market, which is the largest globally at $64 billion in total sales. VAYK has appointed Stephanie Anderl, an experienced Airbnb operator, as interim CEO to lead this initiative.
Anderl has set an ambitious annual revenue goal of $1 to $1.4 million by managing 20 properties. She estimates each property could generate $50K-70K in gross revenue annually, with potential operating profit margins of 30-50%. The company aims to acquire operations of over $20 million worth of Airbnb properties and has plans to renovate a historic landmark into a $5 million Airbnb property.
Vaycaychella (OTC Pink: VAYK) reported a net profit of $310,550 for Q2 2024, contributing to a total net profit of over $2.2 million in the past 18 months. The company's focus on the domestic short-term rental market has yielded positive results, with $281,940 net profit for the first half of 2024 and $2.05 million for the entire year 2023.
VAYK has not issued any unrestricted shares since May 2022, maintaining shareholder value. The company aims to generate operational revenue starting August 2024 and targets operational profitability by Q4 2024. VAYK's goal is to build a $20 million portfolio of short-term rental properties under management.
Vaycaychella (OTC Pink: VAYK) has announced a letter of intent (LOI) to acquire a 50% non-managerial ownership in an Atlanta-based home service company. The target company reported over $1 million revenue in 2023 with a solid operating profit margin. This non-cash acquisition involves VAYK issuing approximately $250,000 of restricted shares at $0.005 per share, a significant premium to its current trading price.
This move aligns with VAYK's new strategy focusing on the domestic short-rental (Airbnb) market. The company views the home service business as synergistic with Airbnb operations. VAYK recently acquired management rights to an Airbnb property and rights to renovate a historic landmark into a $5 million Airbnb property. The company aims to become a comprehensive service provider in the $64 billion domestic short-term rental industry.
Vaycaychella, Inc. (OTC Pink: VAYK) anticipates revenue from its first Airbnb property in the Atlanta metro area starting August 2024. This follows the company's strategic shift to focus on the domestic USA market, which is valued at $64 billion according to AirDnA. VAYK recently exited its Caribbean investments, generating approximately $320,000 in gross profit.
The company has undergone management changes, appointing Stephanie Anderl as interim CEO, replacing William Justice. Anderl, an experienced Airbnb operator, aims to execute VAYK's plan to acquire $20 million worth of Airbnb properties and renovate a historic landmark into a $5 million Airbnb property.
Vaycaychella (OTC Pink: VAYK) announced its exit from all Caribbean rental property investments, achieving a net sales profit of approximately $320,000. The properties, acquired in 2020 for $1.5 million, were sold as the company shifted focus to the domestic rental market in the USA, which reached a total gross revenue of $64 billion. This strategic pivot is aimed at capitalizing on the lucrative domestic short-term rental market, particularly in major metropolitan areas such as Atlanta. Interim CEO Stephanie Anderl expressed satisfaction with the $320,000 profit realized from the Caribbean investments after six years.
Vaycaychella, Inc. (OTC Pink: VAYK) announced the resignation of CEO William A. Justice, effective July 12, 2024. Stephanie B. Anderl, the current executive vice-president, will serve as Interim CEO. Anderl brings extensive experience in short-term rental management and aims to grow the company's Airbnb portfolio to $20 million. Earlier this year, VAYK acquired a historic landmark in Downtown Atlanta, expected to be valued at $5 million post-renovation. Despite her new role, Anderl's compensation remains unchanged until revenue is generated from the company's Airbnb properties.
Vaycaychella (OTC Pink: VAYK) has appointed Stephanie Anderl as Executive Vice-President (EVP) to spearhead its expansion into the $64 billion US short-term rental market. Anderl, an experienced entrepreneur from Atlanta, GA, will manage the acquisition and operation of short-term rental properties in the metro Atlanta area. Her compensation includes 10 million stock options at an execution price of $0.01 per share, contingent upon acquiring $500,000 worth of properties and generating revenue. This move aligns with VAYK's strategic refocus on the domestic market.
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