Dallas, Texas, Feb. 08 12, 2022 (GLOBE NEWSWIRE) — Vaycaychella, Inc. (OTC Pink: VAYK) in follow-up to recently announced letter of intent agreement to acquire Definancial, Inc., a technology company that has developed a proprietary technology solution cryptocurrency exchange, today announced that the acquisition is expected to close within the next 30 days.
VAYK has already launched a Award-winning alternative Peer-To-Peer (P2P) financing application for individuals and SME operators to find financing for the purchase of short-term vacation rental properties.
VAYK is a start-up company developing a portfolio of technology solutions to further democratize participation in the tourism market, providing more opportunities for individuals and small and medium-sized enterprises (SMEs).
VAYK plans to release a new version of the P2P alternative finance app soon and integrate the new version with the ability for individuals and SME operators to launch and list cryptocurrencies where proceeds from crypto sales -currency is used to finance the purchase of a short-term vacation rental. properties and fund other short-term vacation rental business start-up expenses. Cryptocurrency holders will have a repayable economic interest in the short-term vacation rental business.
The acquisition of Definancial, Inc. is specifically intended to support VAYK’s cryptocurrency strategy with the addition of a cryptocurrency exchange where short-term vacation rental business cryptocurrencies can be listed .
VAYK is developing and expanding its portfolio of technology solutions to further democratize participation in the tourism industry based on its hands-on experience with an initial and ongoing pilot project consisting of ten beach houses and a small boutique hotel in Cuba where VAYK provided financing for small businesses to acquire and renovate real estate.
The company recently announced the deployment of a team to Cuba for a three-week trip focused on securing the next ten beach properties it will renovate and launch as short-term vacation rental properties. These next ten properties will be listed on VAYK’s P2P alternative finance app version 2.0 and participation in the short-term vacation rental business operating the ten properties will be offered through the introduction of a crypto- cash.
The main purpose of the ten property expansion is to demonstrate VAYK’s P2P Alt Finance APP V 2.0 and Cryptocurrency technology.
VAYK recently published a comprehensive study Presentation of the 2022 strategic overview with more details on how the ten-property expansion and cryptocurrency acquisition fits into the company’s overall strategy.
To learn more and follow the latest Vaycaychella updates, and to access the Vaycaychella app, visit https://www.vaycaychella.com/.
Disclaimer/Safe Harbor: This press release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. Statements reflect the Company’s current beliefs regarding 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, failure to meet deadlines or performance requirements of the companies’ contracts, the companies’ liquidity condition, the companies’ ability to obtain new contracts, the emergence of competitors with greater financial resources and the impact of competitive prices. In light of these uncertainties, the forward-looking events discussed in this press release may not occur.
William “Bill” Justice