Business
VAYK To Present Cuba Vacation Rental Cryptocurrency Backed Expansion Plans Online
VAYK To Present Cuba Vacation Rental Cryptocurrency Backed Expansion Plans Online.
About this update from Vaycaychella Inc.
[{"type":"text","content":"\n Dallas, Texas, May 10, 2022 (GLOBE NEWSWIRE) -- Vaycaychella, Inc. (OTC Pink: VAYK) (“VAYK”) today announced the company plans to host a live, interactive presentation to provide details on its previously announced cryptocurrency backed expansion strategy to grow its portfolio of short-term vacation rental properties in Cuba.  The company originally planned to host a small group of select investors on the ground in Cuba.  Unfortunately, last week Cuba suffered a serious explosion of a historic hotel in Country’s Capitol. The Hotel Saratoga, in Havana exploded as a result of what appears to be a gas leak.  “The loss of a Cuban monument across the street from Cuba’s Capitol Building is very sad and the resulting loss of life makes it tragic,” said Bill Justice, CEO of Vaycaychella. “I have stayed in the Saratoga.  I remember wondering if I was in the room where Mick Jagger slept when the Rolling Stones played in Havana.  VAYK is a tourism focused business, and the tourism industry of Cuba’s command economy needs time to address the aftermath of the Saratoga.  This is not the month for VAYK to arrive with new proposals.  I expect Cuba will welcome our tourism expansion plans more than ever, but two weeks after the Saratoga tragedy is too soon.  Alternatively, we will host our cryptocurrency backed expansion plans to a wider audience in an effort to accelerate our expansion plans. Look for details coming soon on our online cryptocurrency backed expansion strategy to grow its portfolio of short-term vacation rental properties in Cuba.”  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.  In the face of rising interest rates, VAYK management anticipates userbase growth as conventional real estate finance gets more expensive.  Adding to the existing functionality democratizing access to financing for the purchase of short-term rental vacation properties, the next version of VAYK’s Peer-2-Peer Alternative Finance APP, launching soon, will introduce fractionalized investment where multiple investors will be able to back a single short-term vacation rental project.  The n...