Business
WSGF Confirms Capital Structure And Highlights Near Term Growth Plans
WSGF Confirms Capital Structure And Highlights Near Term Growth Plans.
About this update from Vaycaychella Inc.
[{"type":"text","content":"\n\n\n\nWSGF Confirms Capital Structure And Highlights Near Term Growth Plans\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nWSGF Confirms Capital Structure And Highlights Near Term Growth Plans\nPR Newswire\nDALLAS, Nov. 19, 2020\n\n\n\nDALLAS, Nov. 19, 2020 /PRNewswire/ -- World Series of Golf, Inc. (USOTC: WSGF) (\"WSGF\") today released a statement from the CEO Bill Justice in response to recent shareholder inquiries regarding the company's capital structure. The statement included in its entirety below, also highlights near term growth plans.\nWSGF acquired Vaycacyhella earlier this year and is currently in the process of changing its name to reflect its recently announced new business direction serving short-term rental property owners and investors participating in the sharing economy sector.  \nCEO Bill Justice Statement\nWSGF published its first press release last week after completing the update of its public disclosures in accordance with the rules and guidelines of OTC Markets. WSGF acquired Vaycacychella, a business which is approximately three years old serving short-term rental operators and owners.  \nThe reaction to the first press release was a surprise to us. When we published the release on November 10th, the trading volume and share price appreciation was remarkable. The trading volume was almost as remarkable the next day on November 11th, though the share price pulled back the second day.\nSince that first release, the company continues to receive a number of emails and calls in response to the market reaction on November 10th and 11th which largely involve a recurring question – \"Is the capital structure reported on OTC Markets correct?\"\nAs of this morning, we continue to receive emails and phone calls with this same question.  Accordingly, I decided this statement was in order.\nYes, the capital structure information on OTC Markets is correct. The company has 90 million shares authorized and the issued and outstanding is 88 million shares.\nThe company has not issued shares in approximately 10 years.\nThe t...