VAYK Real Estate Fintech Strategy Builds Momentum and Explores Stock Buyback

Rhea-AI Summary

Vaycaychella, Inc. (OTC Pink: VAYK) has announced discussions for potential joint ventures and acquisitions within the alternative real estate finance market. The firm is known for its award-winning Peer-2-Peer Alternative Finance application aimed at financing vacation property purchases. A recent application update has attracted a new investor, leading to potential strategic investment discussions before Q3 ends, which may include a stock buyback to reduce outstanding shares, thereby potentially enhancing shareholder value.

Positive

• Strategic investment discussions may lead to a stock buyback to reduce outstanding shares.
• The recent application update attracted new investor interest, signaling potential growth.

Negative

• None.

Dallas, Texas, Aug. 11, 2022 (GLOBE NEWSWIRE) -- Vaycaychella, Inc. (OTC Pink: VAYK) (“VAYK”) today announced the company has entered conversations with multiple parties exploring joint ventures and acquisitions. The parties are all engaged in the alternative real estate finance market and interested in benefiting from VAYK’s fractional real estate investment application.

VAYK is a technology company that last year introduced an award-winning Peer-2-Peer Alternative Finance Application (APP) for sourcing financing to purchase income producing vacation properties.  

The company recently released an update on its plans to add new functionality to the app to enhance the fractional investment functionality included in the new version of the app. 

The company recently announced the update on new functionality garnered the interest of a new investor. The company has initiated discussions that could result in a new strategic investment before the end of the Q3. Today, the company revealed the discussions include utilizing a portion of the strategic investment in a potential stock buyback to reduce the current issued and outstanding.

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.

VAYK Contact:
William "Bill" Justice
bill@vaycaychella.com
(800) 871-0376

FAQ

What is the latest news about Vaycaychella (VAYK) as of August 2022?

As of August 2022, Vaycaychella is exploring joint ventures in the alternative real estate finance market and has received interest from new investors following an application update.

Will Vaycaychella conduct a stock buyback?

Vaycaychella has indicated plans to potentially use a portion of a strategic investment for a stock buyback to reduce the number of outstanding shares.

How might the new investor impact Vaycaychella's stock (VAYK)?

The involvement of a new investor could increase confidence in Vaycaychella's growth prospects and potentially enhance shareholder value.

What updates were announced for Vaycaychella’s app?

Vaycaychella announced an update to its app that enhances fractional investment functionalities, which has led to renewed investor interest.