Penny Stocks 2.0
2 días hace
VAYK Proposes 100 million Buyback through Private RepurchasesPress Release | 02/28/2025
VAYK Proposes 100 million Buyback through Private Repurchases
PR Newswire
ATLANTA, Feb. 28, 2025
ATLANTA, Feb. 28, 2025 /PRNewswire/ -- Vaycaychella, Inc. (OTC Pink: VAYK) ("VAYK") announces that its management has proposed a stock repurchase program, under which the company will buy back through private deals up to 100 million shares, and will subsequently cancel these shares.
The program is offered to shareholders who individually own more than 20 million shares, or to groups of no more than five shareholders collectively owning more than 40 million shares. Participating shareholders must be willing to sell all their shares back to the company at a discounted price. The repurchased shares will then be canceled, reducing the total number of outstanding shares.
The program is subject to approval of the Board of Directors at the upcoming board meeting in mid-March, which will include newly elected board members.
"If you are a shareholder owning more than 20 million shares, or a group of fewer than six shareholders collectively owning more than 40 million shares, please reach out to us before the board meeting," announced Stephanie Anderl, Interim CEO of VAYK. "Our board will review the feasibility of the proposal, including whether we have enough shareholders willing to sell their shares back to the company. So please contact us immediately."
Penny Stocks 2.0
2 días hace
1. No Dilution Until 24 Months Later & Above $0.005 PPS
"We completed this no-cash acquisition by issuing to the seller preferred shares with a total face value of $500,000," explained Stephanie Anderl, interim CEO of VAYK. "These preferred shares are non-tradable. They can only be converted after 24 months or when our stocks are stably traded above $0.005 per share."
Even when those shares become eligible for conversion, the conversion will be conducted at a fixed price of $0.005 per share. Therefore, any shareholder who has purchased or will purchase VAYK stocks below the price of $0.005 will experience no dilution, and will instead enjoy a premium.
"Our common stocks closed at $0.0008 per share yesterday, which is less than 1/6 of these preferred shares' conversion price. In other words, the conversion price is 6.25 times higher than our current share price," said Anderl.
JustJack
2 semanas hace
I don't understand why one would do this?
February 28, 2025 -- InvestorsHub NewsWire -- Vaycaychella, Inc. (OTC Pink: VAYK) ("VAYK") announces that its management has proposed a stock repurchase program, under which the company will buy back through private deals up to 100 million shares, and will subsequently cancel these shares.
Bla bla bla
Participating shareholders must be willing to sell all their shares back to the company at a discounted price.
Bla bla bla
Ms. Anderl highlighted that this program would benefit participating shareholders by allowing them to cash in their positions immediately, rather than selling in small increments over an extended time, which can sometimes take several months or even longer
JustJack
2 semanas hace
======Full text of Corrected News Release dated February 18 ========
VAYK Confirms No Dilution Following Recent Acquisition and 11 Million Insider Purchase
(Atlanta, Georgia, February 18, 2025) – Vaycaychella, Inc. (OTC Pink: VAYK) ("VAYK") confirmed today that the company's common shares will not experience any dilution upon the closing of its recent acquisition of a $1 million company.
No Dilution Until 24 Months Later & Above $0.005 PPS
"We completed this no-cash acquisition by issuing to the seller preferred shares with a total face value of $500,000," explained Stephanie Anderl, interim CEO of VAYK. "These preferred shares are non-tradable. They can only be converted after 24 months or when our stocks are stably traded above $0.005 per share."
Even when those shares become eligible for conversion, the conversion will be conducted at a fixed price of $0.005 per share. Therefore, any shareholder who has purchased or will purchase VAYK stocks below the price of $0.005 will experience no dilution, and will instead enjoy a premium.
"Our common stocks closed at $0.0008 per share yesterday, which is less than 1/6 of these preferred shares' conversion price. In other words, the conversion price is 6.25 times higher than our current share price," said Anderl.
No Free-tradable Shares issued for Almost 3 Years
In fact, VAYK has not issued any free-tradable shares since May 2022, which is almost 3 years ago. The company has only delivered two issuances of restricted shares since then. These include approximately 43 million restricted shares issued at a price of $0.0073, which is 9.1 times higher than the current share price. The other issuance is 20 million restricted shares issued at a price of $0.0008, but those shares are not eligible for trading until July 2026.
Anderl emphasized that the company is committed to not issuing any free-tradable shares until its share price rebounds to a "reasonable level".
"We understand that people will have different opinion on what a reasonable level should be," said Anderl. "Let me put it in this way: we believe that it is unreasonable for a company to issue low-cost shares to flood the market, when there are still substantial number of investors who have purchased our shares in the last 3 years are under water."
Insider Purchase of Over 11 Million Shares
Additionally, Anderl disclosed that a person who holds insider information has purchased more than 11 million shares on the open market since last November.
"The insider made those purchases because they believed there were no other channels to acquire our common shares at the current price level," elaborate Anderl. "As our disclosure has shown, the company has not issued any low-cost shares in the past three years and will definitely not issue any free-tradable shares at the current market level. Anyone who wants to own shares at the current market price level will have to buy from the open market."
Anderl shares that the insider has expressed their intention to purchase more share on the open market, but has given no indication about the timing and volume of future purchases. Also, since VAYK is not SEC reporting, insider trading will not be disclosed on Form 4 or Form 5 but will be disclosed alternatively.
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
JustJack
2 semanas hace
ATLANTA, Feb. 18, 2025 /PRNewswire/ -- Vaycaychella, Inc. (OTC Pink: VAYK) ("VAYK") confirmed today that the company's common shares will not experience any dilution upon the closing of its recent acquisition of a $1 million company.
1. No Dilution Until 24 Months Later & Above $0.005 PPS
"We completed this no-cash acquisition by issuing to the seller preferred shares with a total face value of $500,000," explained Stephanie Anderl, interim CEO of VAYK. "These preferred shares are non-tradable. They can only be converted after 24 months or when our stocks are stably traded above $0.005 per share."
Even when those shares become eligible for conversion, the conversion will be conducted at a fixed price of $0.005 per share. Therefore, any shareholder who has purchased or will purchase VAYK stocks below the price of $0.005 will experience no dilution, and will instead enjoy a premium.
"Our common stocks closed at $0.0008 per share yesterday, which is 1/40 of these preferred shares' conversion price. In other words, the conversion price is 40 times higher than our current share price," said Anderl.
2. No Free-tradable Shares issued for Almost 3 Years
In fact, VAYK has not issued any free-tradable shares since May 2022, which is almost 3 years ago. The company has only delivered two issuances of restricted shares since then. These include approximately 43 million restricted shares issued at a price of $0.0073, which is 90 times higher than the current share price. The other issuance is 20 million restricted shares issued at a price of $0.0008, but those shares are not eligible for trading until July 2026.
Anderl emphasized that the company is committed to not issuing any free-tradable shares until its share price rebounds to a "reasonable level".
"We understand that people will have different opinions on what a reasonable level should be," said Anderl. "Let me put it in this way: we believe that it is unreasonable for a company to issue low-cost shares to flood the market, when there are still a substantial number of investors who have purchased our shares in the last 3 years are under water."
3. Insider Purchase of Over 11 Million Shares
Additionally, Anderl disclosed that a person who holds insider information has purchased more than 11 million shares on the open market since last November.
"The insider made those purchases because they believed there were no other channels to acquire our common shares at the current price level," elaborate Anderl. "As our disclosure has shown, the company has not issued any low-cost shares in the past three years and will definitely not issue any free-tradable shares at the current market level. Anyone who wants to own shares at the current market price level will have to buy from the open market."
Anderl shares that the insider has expressed their intention to purchase more share on the open market, but has given no indication about the timing and volume of future purchases. Also, since VAYK is not SEC reporting, insider trading will not be disclosed on Form 4 or Form 5 but will be disclosed alternatively.
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
+1 470-804-7144
Cision View original content:https://www.prnewswire.com/news-releases/vayk-confirms-no-dilution-following-recent-acquisition-and-11-million-insider-purchase-302378992.html
SOURCE Vaycaychella, Inc.
JustJack
2 semanas hace
ATLANTA, Feb. 24, 2025 /PRNewswire/ -- Vaycaychella, Inc. (OTC Pink: VAYK) ("VAYK") management commends the recent earnings report by Airbnb. VAYK believes that the better-than-expected growth of Airbnb is creating a favorable environment for VAYK to launch its upgraded service solution in the coming months.
"We have built our company on the conviction that short-term rentals, whether operated on Airbnb or other similar platforms, represent the future of the hospitality industry. We aim to become a leading service provider in this industry," stated Stephanie Anderl, Interim CEO of VAYK. "The fact that Airbnb's annual revenue has grown more than 300% since 2020 verifies our conviction. This is a fast-growing emerging market, and we are providing a unique service in this market."
VAYK Aims to Build a Tens of Millions Dollar Business
VAYK provides service solutions for individuals who want to become short-term rental hosts. It aims to offer a one-stop solution, including financing tools, renovation services, and management services.
"There are many young entrepreneurs who want to start their own short-term rental business on Airbnb or other platforms. However, many of them lack the resources to start," elaborated Anderl. "In fact, many young people are renting apartment units and re-leasing them on Airbnb, which is actually illegal because it breaches their lease agreement with the apartment owner."
VAYK believes that by offering an affordable solution to these young entrepreneurs, it can build a service business worth tens or even hundreds of millions of dollars in a few years.
A Three-Step Solution for Airbnb Hosts
The first step is to provide financing tools for these young entrepreneurs. Back in 2020, VAYK released an APP to connect investors with Airbnb hosts. The company is currently working to launch a broader platform that, in Anderl's words, will "disrupt the current Airbnb investment model."
"The market has seen many institutional investors who hoard properties and turn them into short-term rentals in large numbers. This trend is actually in contrast to the original concept of the sharing economy. Our platform, instead, will empower individual hosts to operate their own Airbnb properties in their unique style, bringing back the charm of Airbnb as personalized hospitality experiences."
Secondly, the company will renovate properties customized to the demands of their hosts. Last month, the company completed the acquisition of a house engineering and service company, which will offer such customized renovation services. Currently, the company is working with an investor to renovate a historic landmark into a boutique Airbnb property.
Finally, the company will provide management services to Airbnb hosts.
"We expect that a significant percentage of short-term rental hosts are new to this business, and some of them may have regular jobs. Therefore, it is critical for them to get professional help," said Anderl. "Our team has years of experience in managing Airbnb properties, and we will develop or acquire an AI-based tool to make management much easier."
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
+1 470-804-7144
Cision View original content:https://www.prnewswire.com/news-releases/vayk-to-offer-service-solution-capitalizing-on-airbnb-better-than-expected-growth-302383450.html
SOURCE Vaycaychella, Inc.
JustJack
2 semanas hace
Atlanta, GA -- February 24, 2025 -- InvestorsHub NewsWire -- Vaycaychella, Inc. (OTC Pink: VAYK) ("VAYK") management commends the recent report by Airbnb (NASDAQ: ABNB) that its 2024 annual revenue reached $11.1 billion, a 12.1% increase from 2023. VAYK believes that the better-than-expected growth of Airbnb is creating a favorable environment for VAYK to launch its upgraded service solution in the coming months.
"We have built our company on the conviction that short-term rentals, whether operated on Airbnb or other similar platforms, represent the future of the hospitality industry. We aim to become a leading service provider in this industry," stated Stephanie Anderl, Interim CEO of VAYK. "The fact that Airbnb's annual revenue has grown more than 300% since 2020 verifies our conviction. This is a fast-growing emerging market, and we are providing a unique service in this market."
VAYK Aims to Build a Tens of Millions Dollar Business
VAYK provides service solutions for individuals who want to become short-term rental hosts. It aims to offer a one-stop solution, including financing tools, renovation services, and management services.
"There are many young entrepreneurs who want to start their own short-term rental business on Airbnb or other platforms. However, many of them lack the resources to start," elaborated Anderl. "In fact, many young people are renting apartment units and re-leasing them on Airbnb, which is actually illegal because it breaches their lease agreement with the apartment owner."
VAYK believes that by offering an affordable solution to these young entrepreneurs, it can build a service business worth tens or even hundreds of millions of dollars in a few years.
A Three-Step Solution for Airbnb Hosts
The first step is to provide financing tools for these young entrepreneurs. Back in 2020, VAYK released an APP to connect investors with Airbnb hosts. The company is currently working to launch a broader platform that, in Anderl's words, will "disrupt the current Airbnb investment model."
"The market has seen many institutional investors who hoard properties and turn them into short-term rentals in large numbers. This trend is actually in contrast to the original concept of the sharing economy. Our platform, instead, will empower individual hosts to operate their own Airbnb properties in their unique style, bringing back the charm of Airbnb as personalized hospitality experiences."
Secondly, the company will renovate properties customized to the demands of their hosts. Last month, the company completed the acquisition of a house engineering and service company, which will offer such customized renovation services. Currently, the company is working with an investor to renovate a historic landmark into a boutique Airbnb property.
Finally, the company will provide management services to Airbnb hosts.
"We expect that a significant percentage of short-term rental hosts are new to this business, and some of them may have regular jobs. Therefore, it is critical for them to get professional help," said Anderl. "Our team has years of experience in managing Airbnb properties, and we will develop or acquire an AI-based tool to make management much easier."
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