WSGF - Vaycaychella Backed Boutique Caribbean Hotel Opening Soon
17 April 2021 - 01:20AM
InvestorsHub NewsWire
Dallas, TX -- April 16, 2021 --
InvestorsHub NewsWire -- World Series of Golf, Inc. (OTC
Pink: WSGF) ("WSGF") today confirmed a management update is
scheduled to be published next week on Tuesday, April 20, 2021 to
review the recently published FY2020 Annual
Report.
The update will include progress updates
on the company’s development of its new Vaycaychella
business.
WSGF acquired Vaycaychella last year
making the new business acquisition its primary focus. A name
change reflecting the alternative real estate finance focus is
underway.
Vaycaychella’s mission is to expand the
short-term rental ecosystem upstream from rental Apps like Airbnb
(ABNB), VRBO, and Expedia (EXPE) to include a new App that
facilitates the purchase of short-term rental
properties.
Vaycaychella operates a portfolio of
Caribbean vacation properties as a pilot model to validate the
opportunity to build a business around providing an alternative
financing resource to empower entrepreneurs to build and expand
short-term vacation property rental businesses. Vaycaychella
has provided alternative financing backing multiple short-term
vacation rental properties and a boutique
hotel.
The update next week will include the
latest on the boutique hotel backed by Vaycaychella anticipated to
open soon.
The management update next week will also
include the latest on the company’s developments to include
cryptocurrency and crowdfunding functions into its Vaycaychella P2P
Alternative Real Estate financing
App.
Vaycaychella is introducing an alternative
financing fintech application as a resource for individuals that
might not be able to access a traditional mortgage.
Vaycaychella could be just another source of financing on
potentially better terms for anyone looking to purchase an income
producing rental property.
The Vaycaychella Peer-To-Peer (P2P) App
will connect would be short-term rental property buyers that might
not have had the resources before to make a purchase, with a new
breed of alternative investors.
Management expects to launch the App no
later than May of this year and possibly by the end of April.
The App is currently undergoing Beta
testing.
The post Covid convergence of an increase
in vacation demand and housing supply could result in an ideal
buying opportunity for would-be short-term vacation property
owner/operator entrepreneurs, and WSGF’s Vaycaychella App has the
potential to be the right tool at the right time to help
entrepreneurs (or as we like to call them “Rentrepreneurs”) to
purchase houses.
Fintech App Giving All Entrepreneurs
Access To Short Term Rental Property
Investment
The Vaycaychella app is designed to
empower a new generation of short-term rental property operator
entrepreneurs (or Rentrepreneurs) and to give access to a new
generation of real estate
investors.
Cryptocurrency and
Crowdfunding
The company recently announced kicking off
development efforts on the next version of the company’s
alternative real estate finance application designed to facilitate
the purchase of short-term rental properties. The
Vaycaychella App Version 2.0 will include
cryptocurrency and crowdfunding
features to expand alternative finance options available to
entrepreneurs (“Rentrepreneurs”).
To learn more and keep up with the latest
updates at Vaycaychella, visit https://www.vaycaychella.com/.
At the company website, you will find a blog with frequent industry
publications on the short-term rental market in general, as well as
entries specific to Vaycaychella.
Disclaimer/Safe Harbor: This news release
contains forward-looking statements within the meaning of the
Securities Litigation Reform Act. The statements reflect the
Company's current views with respect to 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, the failure to meet schedule or performance
requirements of the companies' contracts, the companies' liquidity
position, the companies' ability to obtain new contracts, the
emergence of competitors with greater financial resources and the
impact of competitive pricing. In the light of these uncertainties,
the forward-looking events referred to in this release might not
occur.
WSGF Contact:
William "Bill" Justice
bill@vaycaychella.com
(800)
871-0376
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