Share Name | Share Symbol | Market | Type |
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Enzolytics Inc (PK) | USOTC:ENZC | OTCMarkets | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
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0.00 | 0.00% | 0.0011 | 0.0011 | 0.0011 | 0.00 | 00:00:00 |
January 22, 2021 -- InvestorsHub NewsWire -- via MarketScreener -- World Series of Golf's (OTC: WSGF) wholly-owned subsidiary, Vaycaychella, is making deals. This time, they are taking a position in the $32 billion Caribbean vacation market by financing the renovation of a six-room hotel in Miramar, a residential community outside Havana, Cuba. The deal partners Vacaychella to the property's Canadian owner and will combine to refurbish the former mansion into an upscale hotel, restaurant, and night-club combination. The property is expecting to open its doors for business by the end of March.
Vaycaychella continues to build its real estate property and investment portfolio. The exciting part of the company, and the reason they believe they can generate upwards of $100 million in the first 12-months after launching its app, is that they can close deals where conventional financing is not available. Moreover, the app can help close deals that conventional financing would not even address.
In the past three years, using the same formula to close deals, Vaycaychella built a portfolio of short-term vacation property investments that didn't qualify for conventional mortgages. The mission at Vaycaychella started by building a pilot client base targeting Caribbean based vacation property owners. That strategy has resulted in the company now having 10 beachfront community vacation homes under management. For its part, Vaycaychella is financing the property owner to acquire and refurbish the 10 premium properties.
Moreover the company is demonstrating just how valuable its app can be.
In fact, since launching the Vaycaychella website earlier this year, the company has successfully added several newproperties to its short-term rental portfolio. These properties span the Caribbean from Mexico to Puerto Rico and nowinclude properties in Cuba. That move, a proactive investment with a Canadian owner, comes as speculation mounts thatthe Biden administration will have a far more favorable view of rekindling relations with Cuba than former President Trump.
It's now widely thought that Biden will remove most of the 200 measures instituted by Trump that limited the historic movesmade in 2014 that lifted parts of Cuba's trade and travel embargoes. The thawing of relations could be a significant boostto Vaycaychella's investment opportunities.
And its peer-to-peer (P2P) app technology will not only be its driver for success, but it can also help to reshape the wayinvestment is made in a multi-billion vacation rental industry.
Vaycaychella's P2P App Disrupts An Industry
At its core, the Vaycaychella app is a peer-to-peer technology solution designed to connect short-term rental propertybuyers with alternative investors. It's also a part of a fintech ecosystem solution suite for short-term rental property ownersthat includes a Visa Card solution. For investors looking to capitalize on its opportunity through WSFS stock, its plannedbeta launch is scheduled for February 2021, followed by a full production launch expected in June. The company is alsoplanning to add a cryptocurrency component to the app to assist in cross-border financing and currency exchange. Readthe interview with Vaycaychella CEO Here.
Better news may follow the initial app's launch, with Vaycaychella expanding its mission to serve short-term vacation rentalowners and investors with peer-to-peer investment apps that go beyond the original's ability to pair owners with investors.The next stage of app development will have Vaycaychella introducing additional apps that serve short-term rental ownersand investors by providing a host of services, including discounted access to rental amenity supplies, on-demandmaintenance services, insurance, security, and international banking and credit card processing.
The suite of services could offer the only comprehensive means of purchasing, managing, transferring, and investing invacation-rental properties without the need for conventional financing. More importantly, that could mean no credit checks,no lengthy applications, no need to produce years worth of financial records, and no need for a credit score that couldexclude worthy investors.
Investors love it; banks hate it. Why? Because Vaycaychella will allow investors and owners to bypass the burdensomeand expensive traditional means to acquiring and investing in property. Banks make money even when they deny credit.Vaycaychella, though, is incentivized to make deals happen by combining able partners together to make deals quickly,legally, and efficiently.
That's why the app can not only be disruptive to the real estate investment industry, but its model can potentially change itentirely.
Beta To Market In 2021
The plan is to get the app to market quickly. As noted, following succesful market testing, Vaycaychella's planned launch of its app has the company and its investors optimistic that it can reach its ambitious revenue target of $100 million in itsfirst year. Although that number is large, consider that the app offers unparalleled possibilities in getting deals done. And,those deals can be enormous.
Further, it's best-in-class features exceeds the conventions of similar apps and creates a space for investors and propertybuyers to build portfolios and connect for business. The app has tools that can calculate financial opportunities like return-on-investment, can calculate the actual costs associated with property ownership, and lets users focus solely on makingnew connections rather than spending time on numbers.
Best of all, those that reviewed the app say that Vaycaychella eliminates non-negotiable actions and allows users to avoidloans, bypass most conventional procedures like inspections or title checks, and facilitate the transfer of money efficientlyand quickly.
In simplest and best terms, Vaycaychella builds connections between investors and property owners and at the same timeeases or even eliminates tedious processes that have until now seemed unavoidable. That aspect of the app alone can beworth its weight in tropical sand, which by the way, is expensive.
Investors Of All Sizes Can Participate
The most appealing part of the Vaycaychella app is that investors of all sizes and levels are put onto an equal playing field.Thus, big-money investors can't crowd out the trade. Further, Vaycaychella's accessible interface centers cleantransactions, allowing users to build full portfolios and expedite financing processes no matter how much experience theyhave regarding property investments.
And, because the app does not require strict credit checks or analyzes income to debt ratios, it can be the best andpreferred platform for users of all levels to gain experience and build a property portfolio. Its simplicity streamlines theprocesses and significantly broadens the opportunity of real estate investment to a new level.
In fact, here's the bottom line: with Vaycaychella, users, perhaps for the first time in the sector, will have the ability to makevaluable real-estate focused business deals from their smartphones, which can boost their own real estate portfolios andadd diverse sources of new revenues.
From every angle, Vaycaychella offers significant value-creating benefits to investors and property owners alike, making ita potential game-changer in the vacation and real estate investment industry. The app will benefit users, but for investorsin WSGF, if the app meets its expectations, it can provide a separate set of windfalls for stock portfolios as well.
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Source - https://m.marketscreener.com/quote/stock/WSOG-LLC-5354297/news/WSOG-LLC-WSGF-s-Vaycaychella-Heats-Up-In-32-Billion-Caribbean-Vacation-Market-Adds-Six-Room-Ho-32254092/
Other stocks on the move - ENZC, CYDY and TSNP
SOURCE: MarketScreener
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