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Looks like it getting larger..i added a few more today earlier.
I have patience..
Thanks for the info!!
According to OTC Short report, 7.58 million of the 8.67 million shares traded yesterday were short sales:
https://www.otcshortreport.com/company/VAYK
If you look into past weeks, there were usually a small sale at lower price, a few minutes before the market close. It looks to me that some people were manipulating the closing price of this stock. The reason is that if closing price is lower, short positions will not be "called" by brokerage firms.
On the contrary, if the closing price gets higher, short positions may get called by the brokers and they would have to cover it....
It's just my theory, but those "last minute cheap sales" of a few thousand shares do look strange to me.
Whassup Lime..Day 1 here of an upward move imo.
lol bears juist got some bad news
GTSM on the bid now at .0011...no surprise.
Looks like it might be starting .001s falling here .
Unfortunately, there are no rules about when a short sale has to be covered. Shorties can let their short sale stand forever.
However, if the stock rallies, short sellers will have to pay more money to their broker to keep their short sale alive, to a point that it will no longer make any sense. And then, practically, they will have to cover their position.
Most short sales on VAYK are probably under $0.0010. So if the stock rallies to, say, $0.0015, suddenly you may see tens of millions of buy orders by the squeezed short sellers.
That was NOT the purpose of posting that information. In fact, it was just the opposite. It's from the past and needs to be understood as such in the event anyone came across it, like wannaberich did.
To keep the peace here, I'll remove this board from my favorites and not post here again.
Good job shorty is going to have to cover.
VAYK Clarifies It Has No Business Connection to Persons Under SEC Charge
Atlanta, GA -- October 28, 2024 -- InvestorsHub NewsWire -- Vaycaychella, Inc. (OTC Pink: VAYK) ("VAYK") management clarifies today that the company, since more than 12 months ago, has had no material business connection with certain individuals and entities("persons") who were charged by the Securities and Exchange Commission ("SEC").
The company makes this clarification in response to multiple posts spread online in the past 24 hours, which attempt to link VAYK to charges filed by SEC against a number of persons. The charge itself was filed 12 months ago, in September 2023.
Further, the company confirms that none of its current managers or controlling shareholders hold any material information regarding these charges, and none of them have been questioned by SEC or any other authorities with regard to these charges.
All 5 persons charged by SEC were creditors of the company. However, the company had negotiated with those creditors and settled all the debts prior to the charges were filed. Under these settlements, those creditors forgave a total amount of more than $2.6 million, and converted about $300,000 debt into VAYK restricted shares at a conversion price of $0.0073 per share. The conversion price is 1000% higher than the last closing price of VAYK. After these settlements, none of these persons have held any debt or any other claims against VAYK, neither does the company hold any claims against them.
Some of these persons had received converted common shares of VAYK, prior to January 2022. As far as the management know, none of these persons still hold any significant amount of tradable shares of VAYK.
The company has since significantly changed and enhanced its business model, by refocusing on domestic market, and sold most of its old assets in June 2024 for a profit of approximately $320,000.
All the above settlements and developments have been disclosed in previous filings and news releases.
"It is interesting that a seemingly orchestrated campaign was launched against our company in the past 24 hours by spreading negative 'news' ," says Staphanie Anderl, interim CEO of VAYK. "But theses are not even news. Whatever these people are interested in, they are in pages already turned over. We are focusing on our current business, and will work hard to achieve greater success."
Disclaimer/Safe Harbor:
News out ..concerning the posters here posting irrelevant info.
This is going to get good.
From at least June 2017 to June 2022, Defendants—led by Philip Verges—perpetrated a scheme to pump and dump into the market more than $112 million of stock in certain penny stock companies. Verges designed the scheme so that Blue Citi (owned by R. Malin and L. Tilton (in his individual capacity), JDT (owned by Tilton), and other accomplices that Verges nominated (the “Other Nominees”; collectively with Blue Citi, Tilton, and JDT, the “Nominees”) received heavily discounted shares in five penny stock companies: Alternet Systems, Inc. (“ALYI”), Priority Aviation, Inc. (“PJET”), Puration, Inc. (“PURA”), Vaycaychella, Inc. (“VAYK”), and WaterPure International, Inc. (“WPUR”) (collectively, the “PSCs” and individually, a “PSC”). The Nominees ultimately received at least 5.2 billion shares of stock in the PSCs at an 86.64% discount and then proceeded to dump those shares into the market. Blue Citi, Tilton, and JDT alone generated more than $52 million in trading proceeds.
IN THE UNITED STATES DISTRICT COURT FOR THE NORTHERN DISTRICT OF TEXAS DALLAS DIVISION Case No.: 3:23:cv-02146
Thank you...GTSM is the culprit as on Level II .
The company, according to its filing, has ZERO dilution since January 2022, that is almost 3 years ago.
Looks like it's all shorting by speculators.
Either the MM GTSM is selling shares via dilution or shorting.
Do you know if VAYK has any ongoing dilution?
According to OTC Short Report, up to 100% of VAYK's daily volume are short sales.
https://www.otcshortreport.com/company/VAYK
Theoretically, if VAYK share price goes up, or stay stable, short sellers will eventually have to cover their position, and that will result in a "short squeeze", i.e., they will have to buy back the same amount of shares.
Atlanta, GA -- October 24, 2024 -- InvestorsHub NewsWire -- Vaycaychella, Inc. (OTC Pink: VAYK) ("VAYK") management asserts today that the company has been receiving stable revenue from its first acquired Airbnb operation, and is continue growing its metro-Atlanta business with the goal to become operationally profitable in Q4 2024. Additionally, the company may launch a major business initiative in the year 2025, which has the potential to revolutionize the short-term rental (Airbnb etc.) industry.
Q4 Operating Profit Likely
Back in February of this year, the company announced that it would refocus its Airbnb business to the domestic market of USA, mostly in fast-growing metropolitan areas such as Atlanta, Georgia. Domestic USA market is the largest short-term rental market in the world, having reached $64 billion in total sales, according to AirDnA.
Concurrently, the company has rebuilt its management team and retained a local entrepreneur, Stephanie Anderl, who has solid experience in Airbnb operation, to serve as its interim CEO. According to the company, Ms Anderl played an instrumental role in acquiring the operating rights to its first Airbnb property. Under the leadership of Anderl, the Company aims to acquire rights to operate 10 to 20 short-term rental (Airbnb) properties, of a total market value of $5 million to $10 million, in the coming months.
The first acquisition has been generating revenue for the company in the past two months, according to Anderl. It is likely that the company will book a small operating profit for the fourth quarter of 2024.
On Track to $1.5 – 2.1 million Annual Revenue
"Additionally, the company has acquired the rights to renovate a historic landmark in downtown Atlanta into a $5 million Airbnb property," says Ms Anderl. "Altogether, the company is on track to achieve our goal of operating a short-term rental portfolio valued of approximately $20 million, in the year of 2025."
"With the estimate of about $50K – 70K gross revenue per property per year, the company will be able to generate $1.0 million to $1.4 million annual revenue from managing 20 properties. And the historic landmark building may add another $500K to $700K revenue, to increase the total operating revenue to $1.5 million to $2.1 million. Based on my experience, operating profit margin from these revenues can be as high as 30-50%."
Possible Launch of Major Business Initiative in 2025
Further, Anderl confirms that the company is working with business partners and prospective investors to possibly kick off a major business initiative in the year 2025.
"The new business initiative will integrate real estate development, financial engineering, social accountability, and short-term rental management," says Anderl. "It will be a revolutionary business model with the potential to redefine the concept of short-term rental, and disrupt the whole short-term rental industry."
Disclaimer/Safe Harbor:
News out...looking good up 80%
Atlanta, GA -- September 4, 2024 -- InvestorsHub NewsWire -- Vaycaychella, Inc. (OTC Pink: VAYK) ("VAYK") announces today that the company has started to receive revenue from its first short-term rental (Airbnb) property.
Back in February of this year, the company announced that it would refocus its Airbnb business to the domestic market of USA, mostly in fast-growing metropolitan areas such as Atlanta, Georgia. Domestic USA market is the largest short-term rental market in the world, having reached $64 billion in total sales, according to AirDnA.
Concurrently, the company has rebuilt its management team and retained a local entrepreneur, Stephanie Anderl, who has solid experience in Airbnb operation, to serve as its interim CEO. According to the company, Ms Anderl played an instrumental role in acquiring the operating rights to its first Airbnb property.
1 to 1.4 Million Annual Revenue Goal
"We are excited that we have received revenue from operation of the first Airbnb property in metro Atlanta area," says Anderl. "Before I joined the team, the company had developed a plan to acquire the operation of more than $20 million Airbnb properties. It had also acquired the rights to renovate a historic landmark into a $5 million Airbnb property. Now I am using my own knowledge in this niche to grow the company and operate more Airbnb properties."
"My short-term goal is 10 to 20 properties," declares Anderl. "With the estimate of about $50K – 70K gross revenue per property per year, the company will be able to generate $1.0 million to $1.4 million annual revenue from managing 20 properties. Based on my experience, operating profit margin from these revenues can be as high as 30-50%."
I hardly think anything I posted gave the impression VAYK is a scam. I'll stand by my previous posts here to indicate that. I'm sorry you think it "was dirty".
So you post this and have anybody looking at VAYK today thinking its a scam
and then apologize for it but the damage is already done,thats dirty.
Anyone can take on the alias "VAYK team" and post anything they want. Happens all the time. If you're a company representative, my apologies, as I've expressed.
you are intentionally spreading false information about a public company.
That's what I was trying to forestall occurring here with someone posing as a company representative.
I'll end this thread here. If you want to confirm your status, fine. We may have gotten off on the wrong foot.
Did the press release in itself clearly state that there is no operative revenue so far?
It also says that there will be operating revenue starting from this month.
Have you actually read the press release? If you have, you are intentionally spreading false information about a public company.
My apologies. I've been informed by pm that I may have been a bit harsh with my response to what was a typical positive-only press release of an otherwise disappointing quarterly filing. No revenue is always a bad thing and obviously wouldn't get mentioned in a press release.
I'll assume that you represent the company. My hopes are that people here can ask you questions for which you're able to address and you won't just drop by when it suits you.
Oops. There I go again being terse. Apologies again.
Earlier, I wished good things for Stephanie as the new CEO, interim or not, and commended her decision to focus on the local domestic market. I still do.
The entire press release.
Now, respond to my next post.
Shameless! You're not fooling anyone by this attempt to cherry pick what you think is positive highlights for the company. Bottom line is revenue reported is zero. As in none, not a penny. EVER. So talk of profits is misleading at best and manipulation at worst.
Please identify yourself to the board. Are you Stephanie? Some other insider? IR person? Or just someone with a boatload of shares masquerading as one of these people so as to influence people to buy out your losing position?
Where is the whitewashing? Can you please be specific?
VAYK Accumulated Net Profit of Over $2.2 Million In 18 Months
August 15 2024 - 9:07AM
Atlanta, GA -- August 15, 2024 -- InvestorsHub NewsWire -- Vaycaychella, Inc. (OTC Pink: VAYK) ("VAYK"), in its most recent filed Q2 financial statement, reports a net profit of over $310,550 for the second quarter of 2024.
Net Profit Added to Over $2.2 Million for the Past 18 Months
Its net profit for the first half of 2024 is reported at $281,940. This marks the third profitable half year period, since the first half of 2023, when the company reported $1.95 million profit.
The company reported $2.05 million net profit for the whole year of 2023. Accumulatively, the company has made over $2.2 million net profit in the past 18 months.
"This is a clear statement of our achievements since we refocused our business strategy to domestic short-term rental (such as Airbnb) market," asserts Stephanie Anderl, Interim CEO of VAYK. "Our next goal is to generate operational profit, which will help us to reach our goal of a $20 million portfolio of short-term rental properties under management."
No Free-tradable Shares Issued In More Than 2 Years
The filing also confirmed that the company had not issued any unrestricted shares for the whole fiscal year of 2023. In fact, last time the company issued any unrestricted shares was back in May 2022, more than two years ago.
The only issuance of new shares during the fiscal year of 2023 was 43 million restricted shares issued to a former consultant to settle unpaid compensations. These shares are not free-tradable, and the issuance price is $0.0073, way above the current average trading price of the company's stocks.
Expecting Operational Revenue to Start from This Month
Ms. Anderl cautions that net income in the past 10 months is mostly from exiting previous investment and restructuring of investments. The company has not yet posted any operative revenue, as its new business plan has only been implemented since March 2024.
"We expect our operative revenue to start flowing in, from this month," declares Anderl. "And we aim to turn the company operationally profitable in Q4 this year."
Wow. I've never seen such whitewashing of a company's financial reporting. Does she not think anyone would read the Q2 report?
https://www.otcmarkets.com/otcapi/company/financial-report/409764/content
Yes, "lackey" is better. The guy running the show was of course Verges.
I should have used the word "lackey" so as not to infer innocence. If these CEOs were indeed put in place as figureheads, I'd expect/hope to see some action taken against them as well.
If so, he was no innocent puppet. He spent years in prison for his role in the Pegasus Wireless scam.
Durland was the puppet and Verges was the puppet master. Not surprised he turns up again. Or was William Justice, CEO during the time of this scam, the puppet? I wonder if this is why he turned the company over to an interim CEO.
Stephen Durland
U.S. SECURITIES AND EXCHANGE COMMISSION
Litigation Release No. 26075 / August 13, 2024
Securities and Exchange Commission v. Stephen Durland, No. 3:24-cv-02062 (N.D. Tex. filed Aug. 13, 2024)
SEC Charges Former New York CPA in Penny-Stock Fraud Scheme
https://www.sec.gov/enforcement-litigation/litigation-releases/lr-26075
The Securities and Exchange Commission today filed a complaint against North Carolina resident Stephen Durland, formerly a certified public accountant licensed in New York, for his role in an alleged $112 million pump-and-dump scheme orchestrated by Texas resident Philip Verges. The Commission previously filed charges against Verges and others on September 26, 2023, for their roles in the alleged scheme.
The Complaint:
https://www.sec.gov/files/litigation/complaints/2024/comp26075.pdf
The penny companies were Alternet Systems (ALYI), Priority Aviation (PJET), and Vaycaychella, Inc. (VAYK).
You're playing in the wrong market if you expect things to make sense.
Speaking of which, this makes less sense than the home services company giving up half its business for shares.
These shares will be priced at $0.005 per share, which is more than 600% higher than the most recent closing price of VAYK's common shares
This does not make sense. How do you buy 50% of company and have a managerial yes.
A home service company does not "support" the Airbnb industry.
I always ask why a profitable company would want to hook up with a floundering OTC company by accepting shares at an inflated price.
VAYK Announces LOI to Acquire $1 Million Home Service Company to Support Airbnb Business
ATLANTA, Aug. 1, 2024 /PRNewswire/ -- Vaycaychella, Inc. (OTC Pink: VAYK) ("VAYK") today announces that the company has reached a letter of intent (LOI) to acquire 50% non-managerial ownership of a home service company based in Atlanta, Georgia. The acquisition target reported over $1 million revenue for the year 2023, with a solid margin of operating profit.
According to the LOI, it will be a non-cash acquisition deal, under which VAYK will issue approximately $250, 000 of restricted shares to the owner of the business, in exchange for the 50% non-managerial ownership. These shares will be priced at $0.005 per share, which is more than 600% higher than the most recent closing price of VAYK's common shares.
This acquisition will be part of VAYK's new strategy to focus on domestic short-rental (Airbnb) market. The home service business and Airbnb operation, according to VAYK's management, are synergistic and will likely help each other to grow.
Earlier this month, VAYK reached a non-cash deal with an Airbnb-management company, to acquire the management rights of an Airbnb property. VAYK is expecting to start receiving cash revenue form the Airbnb property in August.
Earlier this year, VAYK acquired the rights to renovate a historic landmark into a $5 million Airbnb property, and to operate the property upon completion of its renovation.
The goal of VAYK, according to its management, is to become a comprehensive service provider in short-term rental (Airbnb etc.) industry. Short-term rental is an industry of $64 billion domestic market, according to a third-party source AirDNA.
Disclaimer/Safe Harbor:
Today’s July, 12 2024 & it’s Bill’s Last day @VAYK..😊
https://finance.yahoo.com/news/vayk-assembling-management-team-64-130400604.html
LOL.. good one.
Yeah keep thier fingers close to the fire.
Cheers!
twitter pump
Maybe. I've made an appointment with my doctor to see what might be wrong with me.
I'm willing to give a new CEO the BOD until they prove they don't deserve it. Justice never did when he took over the WSGF shell 4 years ago. First thing he did was gag the TA.
Damn Slojab...is that almost another endorsement of a stock.
You going soft in your old age?lol
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