Vaycaychella Inc (VAYK)

[Cambreau]

There was a 1 share sell last week for under a penny. Ridiculous.

[Moneychats]

Again, 500 shares at 0.0007(of 35 cents value). Who want to sell 35 cents of shares? And at a price 20% lower than last trading price? Tell me this is not a desperate attempt to manipulate share price.

[Moneychats]

Someone traded 325 shares to put down PPS@0.0005. That should be illegal. No sensible investor would trade $0.16, literally 16 cents, of any stocks. I may be wrong but it is just too hard for me to believe it was not an attempt of manipulation. I think there should be rules banning people from trading less that $1.

[varjim]

https://www.vaycaychella.com/

[$treet Trader]

nice website, next we need updates

[Moneychats]

Anybody notices that VAYK is updating their website?
www.vaycaychella.com

At least they have fixed their SSL certificate. And it is no longer a "We are back" page.

[Moneychats]

Level 2 only shows the lowest ask and highest bid from each broker. So there are still lots of bids and asks in the dark, of which the MMs have info.

[Cambreau]

Thank you Jack. Strangely low bid #'s for a trip stock at .0001 and .0002. Maybe one day we find out what's going on here.

[JustJack]

Level 2
]

[Cambreau]

THX, no problem. Anybody want to give us that info ? TIA

[Slojab]

Sorry. I don't have L2, either.

[Cambreau]

Agreed, hence the Quotation marks around the word " trading ". I don't have L2, are there any 10's / 100's of millions on bid from .0001 - .0003 ? TIA.

[Slojab]

I'd hardly call this trading. $174 worth. Looks to me like some kidiots are trying to give the ticker some attention by hitting the ask with small amounts of volume and the MMs are letting them. It went from a b/a of 5/6 to 7/9 after the 2 open trades.

[$treet Trader]

VAYK .0009 some volume

[Cambreau]

A sell for $2 and a buy for $8. Can someone explain what is going on with this kind of " trading " ?

[Lime Time]

I'm not seeing any dilution here. I'm not sure how any one else is, tink they need to get their heads checked.

[Moneychats]

My point is NO DILUTION AT THIS MOMENT. Particularly not in association with their becoming Pink Current. I never say that they won't dilute. Heck all pink sheet companies have to issue new shares to survive. I am saying that there is no dilution right now so it is an opportunity for retail investors. Oftentimes retail investors wait too long till there are "big good news", but big good news means business expansion and therefore more CapEx and more shares need to be issued and, more dilution. It may be wiser to invest before the "big good news" and exit after big good news but before dilution hits the market.

[Slojab]

They have an app. That doesn't require having an office.

[Slojab]

The question was in regards to them having an ability to dilute. No one claimed they have issued new shares recently.

I posted this last week in case you forgot.

Outstanding Shares
The number of shares outstanding of our Common Stock was:
862,883,796 as of 12/31/2022
770,009,206 as of 12/31/2021

I don't know off hand if those were restricted or not, but even if they were, they'd be unrestricted by now and able to be sold. That's dilution.

[Slojab]

It's called giving examples to illustrate a point.

[stock king 1]

Do they even have an office still … what do these knuckleheads have .

[Moneychats]

VAYK issued ZERO shares since May 2022. It issued 43 mil shares in Sept 2023 but those are restricted, and won't hit the market till Sept 2024 or later. These are from their Q3 filings
https://www.otcmarkets.com/otcapi/company/financial-report/388798/content

I don't think they dare to lie in their filings

[Moneychats]

The O/S charts you posted are not VAYK. The one that looks like VAYK (with similar amount of shares) is of TMSH. I don't know what you are doing here.

[Slojab]

In comparison, here's ticker where only the restricted shares were issued, raising the O/S.

https://t.me/otcupdates/64670

When those shares come off restriction, the O/S will stay the same, while both the restricted and unrestricted shares will be adjusted in equal amounts.

https://t.me/otcupdates/64670

Such as in this case where the O/S did not change.

https://t.me/otcupdates/64702

[Slojab]

Until today, the O/S of this ticker had not changed. But it did today because the UNrestricted stock was raised while the restricted stock did not change. If there were restricted shares issued a year ago that got converted today, the restricted count would decrease the same amount to which the unrestricted shares were raised.

Outstanding Shares Updated:
🔴 953,488,561 (2024-01-09)
🟢 1,045,796,253 (2024-01-22)
Difference: +9.7% (+92M)

Unrestricted Shares Updated:
🔴 834,565,761 (2024-01-09)
🟢 926,873,453 (2024-01-22)
Difference: +11.1% (+92M)

https://t.me/otcupdates/64704

[Slojab]

This chart shows what's called dilution. On a massive scale.

https://t.me/otcupdates/64636

[Slojab]

Nice contradiction.

All dilutions are done through private placements including debt conversions, for which the investor must hold for more than 12 months. Shares do not come out from nowhere. Besides private placement some new shares can be issued to employees/consultants as payments.

[Moneychats]

All investments must be held for 12 months before it can be issued with new shares. On the other hand, restricted shares are mostly issued to employees/consultants with no cash payment. Employees/consultants must hold restricted shares for 12 months to be at a leveled playing field against cash investors, because cash investors have to hold for 12 months.

If you have friends at brokerage firm you may give them a call, and you'll know I am right.

[Moneychats]

All dilutions are done through private placements including debt conversions, for which the investor must hold for more than 12 months. Shares do not come out from nowhere. Besides private placement some new shares can be issued to employees/consultants as payments. If you know any other way a pink company can issue new shares please educate me. There are none.

I read the history of the ticker. I saw the dilution of 100 mil shares in 2022. However at less 0.001/share that was only $100K, barely cover the salary of one executive. That was NOT an aggressive dilution. If the company only issues $100K worth of new shares every year, I am a very happy man.

[Cambreau]

Hey, nice $1.00 buy at 10:08 am. What a joke.

[Slojab]

I think you're confusing typical dilution with private placements when you talk about accredited investors. Being Pink Current is not vindication that a company has a viable business plan as you'd have me believe and therefore worth investing in. An example of both is HMBL.

https://t.me/otcupdates/64317

Btw, I've been following this ticker since 2012 when it was World Series of Golf.

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=71733944

And 4 years since Justice took over. You should go back and read the press releases he put out back then. It never hit the trips until 12/22, where it's still trading.

[Slojab]

Only restricted shares need to be held for 12 months.

[Moneychats]

Companies going pink current should have a business plan. Yes they will sell shares to raise capital, but without a business plan there is no way to sell shares.

Your assertion that a company go pink current to sell shares is wrong, because a company can't sell its own shares (on the open market). It has to sell to accredited investors (whose net wealth should be above $1 mil), and those accredited investors have to hold those shares for a minimum of 12 months before they can resell (on open market). And if someone has over $1 mil net wealth he is not an idiot. Why would they buy shares from a company and hold for 12 months, if the company doesn't have a solid business plan?

[Moneychats]

There are no dilutions in 2023. Your dilution data is for 2022 so irrelevant. There can't be any in 2023 because it's expert market and nobody, i repeat, no brokerage firm, will accept newly issued shares when a company is not pink current. So yes, there should not have been any dilutions since 2022, and practically no dilution at this moment (before it goes through form 211 and gets back to above $0.01).

[Moneychats]

What SEC cases? I searched and found none SEC actions against this company, or otherwise OTC wouldn't have accepted their attorney letter and make it pink current.

[Slojab]

Sorry. I was on a different ticker when I posted that. 🙄

Should have read .....

I've never seen any proof presented to support the claim that MMs trade among themselves in order to manipulate the stock of any company. It's illegal to do so and they could be prosecuted if there was proof.

Companies go Pink Current do so because they have little choice not to. The cost is minimal so if they're going to sell shares to support their operations, if they have any, it's necessary. And VAYK needs to sell shares. Like they've been doing. The O/S in I've never seen any proof presented to support the claim that MMs trade among themselves in order to manipulate the stock of any company. It's illegal to do so and they could be prosecuted if there was proof.

Companies go Pink Current do so because they have little choice not to. The cost is minimal so if they're going to sell shares to support their operations, if they have any, it's necessary. And VAYK needs to sell shares. Like they've been doing. The O/S was 747,609,206 in 2021.

[JustJack]

I like it!

We wait and see I guess.

Resistance is weak. One good news it will break through to 0.002-0.005.

[JustJack]

I'm hoping it is for a good reason so I took a chance.

CEOs bring companies to Pink Current for a lot of reasons. Some good, some bad.

[Cambreau]

Aren't the OS 863 mil. right now ?

[JustJack]

[JustJack]

Why do I see this on OTC Markets?

Authorized Shares 2,500,000,000 01/18/2024

Outstanding Shares 862,883,796

Your post:

Now it's .....
Authorized Shares 35,000,000,000
Outstanding Shares 26,400,805,640

[Fufat]

The MM's were trading amongst themselves right up to current pink. I surmise that they didn't sell all their shares. It would needed once current and they already have them at a lower cost. I can't see the MM's selling out all their shares and to who? another MM? Someone had shares before current and after current status.

I'm more concern about the status of this company and if there is a credible reason why they are pink current.

I guess we have to wait and see.

AMHO.

[Slojab]

Why would MMs trade this ticker among themselves when it was bouncing back and forth between $.000001 and $.0001? Yes, they picked up shares at $.000001 for a spell and sold them as fast as they could, that's their function. They take the risk that the stock won't stay at $.000001 until Finra delists the ticker. But those shares are long gone and now retail is buying and selling on pure speculation.

[Fufat]

The reasons why it not moving in the positive direction could be the MM's. When it was in expert market, they were the only ones able to trade this between themselves in the
0.0001-0003 range, so they probably loaded up and now we see them selling at 0.0007 make a nice profit and at the same time control the movement.

Another possible reason it is stagnant is the lack of the company pr's of what is happening and why get current.

I'm surprised this is pink current with the SEC case ongoing.

It would be interesting to know anything.

Is there a new owner or its the same one?

At this point I guess its a wait and see.

Good luck to all!

AMHO.

[Slojab]

CEOs bring companies to Pink Current for a lot of reasons. Some good, some bad. Happens all the time for a lot of reasons. Some good, some bad. For a lot of companies, if not most, that are floundering like VAYK is, there is no impact on the chart.

[Slojab]

Haven't I already shown that your assertion about the company not being able to dilute is wrong?

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173636645

As to your first point about MM manipulation and Form 15c2-11, I have no idea what point you're trying to make.

[Moneychats]

Definitely. Nobody would go through all the trouble to bring this company back to pink current for nothing.

Resistance is weak. One good news it will break through to 0.002-0.005.

[$treet Trader]

for sure, i think we get something real soon

[Moneychats]

Did some research and had a great finding
The company is pink current, but it hasn't done form 211. And that can be a great thing for retailer investors, because 1) MM can't publish unsolicited quotes, so MM can't manipulate PPS; and 2) company can't issue new shares = no dilution.
I called my broker and figured this out. My broker told me how to check their 211 status.
211 will take about 2 months to complete, and this is a great time window for retail investors.

[JJ24]

Gotta be an update coming out soon IMO!