Vaycaychella Inc (PK) (VAYK) Quote

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%."

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".

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.

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.

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.

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.

The entire press release.

Now, respond to my next post.

Shameless! You're not fooling anyone by this attempt to cherry pick what you think is positive highlights for the company. Bottom line is revenue reported is zero. As in none, not a penny. EVER. So talk of profits is misleading at best and manipulation at worst.

Please identify yourself to the board. Are you Stephanie? Some other insider? IR person? Or just someone with a boatload of shares masquerading as one of these people so as to influence people to buy out your losing position?

Where is the whitewashing? Can you please be specific?

VAYK Accumulated Net Profit of Over $2.2 Million In 18 Months
August 15 2024 - 9:07AM


Atlanta, GA -- August 15, 2024 -- InvestorsHub NewsWire -- Vaycaychella, Inc. (OTC Pink: VAYK) ("VAYK"), in its most recent filed Q2 financial statement, reports a net profit of over $310,550 for the second quarter of 2024.

Net Profit Added to Over $2.2 Million for the Past 18 Months

Its net profit for the first half of 2024 is reported at $281,940. This marks the third profitable half year period, since the first half of 2023, when the company reported $1.95 million profit.

The company reported $2.05 million net profit for the whole year of 2023. Accumulatively, the company has made over $2.2 million net profit in the past 18 months.

"This is a clear statement of our achievements since we refocused our business strategy to domestic short-term rental (such as Airbnb) market," asserts Stephanie Anderl, Interim CEO of VAYK. "Our next goal is to generate operational profit, which will help us to reach our goal of a $20 million portfolio of short-term rental properties under management."

No Free-tradable Shares Issued In More Than 2 Years

The filing also confirmed that the company had not issued any unrestricted shares for the whole fiscal year of 2023. In fact, last time the company issued any unrestricted shares was back in May 2022, more than two years ago.

The only issuance of new shares during the fiscal year of 2023 was 43 million restricted shares issued to a former consultant to settle unpaid compensations. These shares are not free-tradable, and the issuance price is $0.0073, way above the current average trading price of the company's stocks.

Expecting Operational Revenue to Start from This Month

Ms. Anderl cautions that net income in the past 10 months is mostly from exiting previous investment and restructuring of investments. The company has not yet posted any operative revenue, as its new business plan has only been implemented since March 2024.

"We expect our operative revenue to start flowing in, from this month," declares Anderl. "And we aim to turn the company operationally profitable in Q4 this year."

Wow. I've never seen such whitewashing of a company's financial reporting. Does she not think anyone would read the Q2 report?

https://www.otcmarkets.com/otcapi/company/financial-report/409764/content

News out !!

Yes, "lackey" is better. The guy running the show was of course Verges.

I should have used the word "lackey" so as not to infer innocence. If these CEOs were indeed put in place as figureheads, I'd expect/hope to see some action taken against them as well.

If so, he was no innocent puppet. He spent years in prison for his role in the Pegasus Wireless scam.

Durland was the puppet and Verges was the puppet master. Not surprised he turns up again. Or was William Justice, CEO during the time of this scam, the puppet? I wonder if this is why he turned the company over to an interim CEO.

As alleged in the Verges Complaint, Verges gained control of the Issuers and
other related companies and installed figurehead CEOs

Stephen Durland
U.S. SECURITIES AND EXCHANGE COMMISSION
Litigation Release No. 26075 / August 13, 2024

Securities and Exchange Commission v. Stephen Durland, No. 3:24-cv-02062 (N.D. Tex. filed Aug. 13, 2024)

SEC Charges Former New York CPA in Penny-Stock Fraud Scheme

https://www.sec.gov/enforcement-litigation/litigation-releases/lr-26075

The Securities and Exchange Commission today filed a complaint against North Carolina resident Stephen Durland, formerly a certified public accountant licensed in New York, for his role in an alleged $112 million pump-and-dump scheme orchestrated by Texas resident Philip Verges. The Commission previously filed charges against Verges and others on September 26, 2023, for their roles in the alleged scheme.

The Complaint:

https://www.sec.gov/files/litigation/complaints/2024/comp26075.pdf

The penny companies were Alternet Systems (ALYI), Priority Aviation (PJET), and Vaycaychella, Inc. (VAYK).

You're playing in the wrong market if you expect things to make sense.

Speaking of which, this makes less sense than the home services company giving up half its business for shares.

These shares will be priced at $0.005 per share, which is more than 600% higher than the most recent closing price of VAYK's common shares

This does not make sense. How do you buy 50% of company and have a managerial yes.

A home service company does not "support" the Airbnb industry.

I always ask why a profitable company would want to hook up with a floundering OTC company by accepting shares at an inflated price.

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

ATLANTA, Aug. 1, 2024 /PRNewswire/ -- Vaycaychella, Inc. (OTC Pink: VAYK) ("VAYK") today announces that the company has reached a letter of intent (LOI) to acquire 50% non-managerial ownership of a home service company based in Atlanta, Georgia. The acquisition target reported over $1 million revenue for the year 2023, with a solid margin of operating profit.

According to the LOI, it will be a non-cash acquisition deal, under which VAYK will issue approximately $250, 000 of restricted shares to the owner of the business, in exchange for the 50% non-managerial ownership. These shares will be priced at $0.005 per share, which is more than 600% higher than the most recent closing price of VAYK's common shares.

This acquisition will be part of VAYK's new strategy to focus on domestic short-rental (Airbnb) market. The home service business and Airbnb operation, according to VAYK's management, are synergistic and will likely help each other to grow.

Earlier this month, VAYK reached a non-cash deal with an Airbnb-management company, to acquire the management rights of an Airbnb property. VAYK is expecting to start receiving cash revenue form the Airbnb property in August.

Earlier this year, VAYK acquired the rights to renovate a historic landmark into a $5 million Airbnb property, and to operate the property upon completion of its renovation.

The goal of VAYK, according to its management, is to become a comprehensive service provider in short-term rental (Airbnb etc.) industry. Short-term rental is an industry of $64 billion domestic market, according to a third-party source AirDNA.

Disclaimer/Safe Harbor:

https://www.otcmarkets.com/stock/VAYK/news/story?e&id=2935416

https://www.prnewswire.com/news-releases/vayk-expects-revenue-from-first-airbnb-property-starting-from-august-302200617.html

Today’s July, 12 2024 & it’s Bill’s Last day @VAYK..😊
https://finance.yahoo.com/news/vayk-assembling-management-team-64-130400604.html

https://www.stockscores.com/charts/charts/?ticker=vayk

LOL.. good one.
Yeah keep thier fingers close to the fire.
Cheers!

twitter pump

Maybe. I've made an appointment with my doctor to see what might be wrong with me.

I'm willing to give a new CEO the BOD until they prove they don't deserve it. Justice never did when he took over the WSGF shell 4 years ago. First thing he did was gag the TA.

Damn Slojab...is that almost another endorsement of a stock.
You going soft in your old age?lol

yeah, I guess your right about that..

I wouldn't expect them to do a stock buyback. To me, that would be far down the list of good uses for the capital. And I'm not sure what the rationale would be for one.

interesting to see what happens now that these have come due.
NOTE 8 - CONVERTIBLE NOTE PAYABLE
The remaining third party convertible note which resulted from a transfer of $414,000 principal of a note to another
third party, which carries an 8% interest rate and matures January 30, 2024, which has been extended to June 30, 2024.

In 2010 the Company issued a promissory note in exchange for $50,000 in cash. This note carries an 8% interest rate
and matures on June 30, 2024.

press releases dropping consistently I look at what notes are due.

It’ll be alright with me if they use some of them proceeds & initiate that stock buyback. but either way let’s celebrate that Bill & Cuba is behind them. It’s sure beginning to feel bullish again🍀

Hopefully, Stephanie has the wherewithal to finally make a go of this company. She already did the right thing by pulling everything back to the States to her hometown of Atlanta. If they truly realized that $320K profit, it'll show up in the next Q report. What she does with it will be interesting. Pay off debt or acquire something?

Thanks i need it !!

Good luck, Crazy!

Call me crazy but i added here,,

Unfortunately, it seems it may have. 😟

But maybe people just haven't seen it yet. 🤔

It would be nice if there were more details regarding how there was a net profit on those holdings in Cuba. Look at page F2 of their last quarterly. They never owned those properties outright. Next quarterly will tell you more.

Hoping this news has an effect on the sp..

VAYK Exited Caribbean Investments for $320,000 Profit

ATLANTA, Ga, June 27, 2024 /PRNewswire/ -- Vaycaychella, Inc. (OTC Pink: VAYK) ("VAYK") announced today that the company has exited all its holdings of rental properties in Caribbean area, and realized a net sales profit of approximately $320,000.

In 2020, VAYK acquired rights to certain properties located in Cuba, for a consideration of $1.5 million, with the hope that the diplomatic relationship between the USA and Cuba would be normalized and tourists from the USA would boost the value of rental properties in Cuba.

In early 2024, the company decided to refocus its operation on the domestic rental market. The short rental industry (Airbnb, Vrbo, etc.) in the domestic market of the USA, which is the largest short-term rental market in the world, had reached a total gross revenue of $64 billion, according to AirDnA.

"It is only natural for us to exit our investments in foreign countries, since our business will be concentrated in our homeland, particularly in mega-metropolitan areas such as Atlanta," explained Stephanie Anderl, the interim CEO of VAYK. "We are happy that, after 6 years of holding, we were able to realize a profit of $320,000 from this transaction."

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:

Contact@Vaycaychella.com
+1 972-658-5365

https://www.otcmarkets.com/stock/VAYK/news/story?e&id=2903174

nice

Meanwhile, the company has appointed Stephanie B. Anderl, who was recently hired as the company's executive vice-president, to serve as its Interim CEO, until the company appoints its next CEO.

If she does a good job, maybe Ginsberg will make it permanent.

https://www.linkedin.com/in/stephanie-b-anderl-0176b3237/

VAYK - looks like they are moving Stephanie Anderl from EVP to CEO

Same news as in May?

VAYK = new CEO coming

https://www.prnewswire.com/news-releases/vayk-assembling-new-management-team-for-64-billion-domestic-market-302175557.html

Oh look. 👀 The Q1 report. 😃

https://www.otcmarkets.com/filing/html?id=17546268&guid=wiQ-kHI_yPFPxBhhttps://www.otcmarkets.com/otcapi/company/financial-report/402790/content

Yeah. Momentarily. 🙂