Business
VAYK Cryptocurrency Exchange Acquisition Closing Scheduled For Today – Look For Announcement
VAYK Cryptocurrency Exchange Acquisition Closing Scheduled For Today – Look For Announcement.
About this update from Waterpure International, Inc.
[{"type":"text","content":"\n Dallas, Texas, March 11, 2022 (GLOBE NEWSWIRE) -- Vaycaychella, Inc. (OTC Pink: VAYK) today confirmed the company has scheduled to close the acquisition of Definancial, Inc., a technology firm that has developed a proprietary cryptocurrency exchange technology solution, today, Friday, March 11, 2022.  “The terms are settled and all that’s left is to complete the review of the closing documents and execute them,” said Bill Justice, CEO of VAYK. “Look for a prompt announcement once the documents are executed.”  VAYK has already launched an award winning Peer-To-Peer (P2P) Alternative Finance Application for individuals and SMB operators to source purchase financing for short-term vacation rental properties.  VAYK is an early-stage business building a portfolio of technology solutions to further democratize participation in the tourism market extending more opportunity to individuals and small and medium (SMB) business operators.  VAYK plans to soon release a new version of the P2P Alternative Finance Application and integrate the new version with the ability for individuals and SMB operators to launch and list cryptocurrencies where the proceeds from cryptocurrency sales are used to finance the purchase of short-term vacation rental properties and fund other short-term vacation rental business start-up expenses. Cryptocurrency holders will have a redeemable 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 scaling 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 house properties and a small boutique hotel in Cuba where VAYK provided the financing for small businesses to acquire and renovate the real estate.   The company recently deployed a team to Cuba on a three-week trip centered around securing the next ten beach properties it will refurbish and launch as short-term vacation rental properties.  These next ten properties will be listed ...