Vaycaychella Inc (VAYK)

[varjim]

https://www.prnewswire.com/news-releases/vayk-announces-structured-acquisition-of-5-million-registered-landmark-property-with-24-month-plan-to-acquire-20-million-in-short-term-rental-properties-302062131.html

[Lime Time]

Some wannabe promoter, methinks. I guess we might see more of them.

[Slojab]

Bill Justice? Or just some yahoo?

[Lime Time]

Team VAYK? lol 🤔

[VAYK team]

Thanks for your attention. Please follow our news release for updates.

[Slojab]

No, that's about all Justice has been able to do so far. No revenue since he took over the ticker.

And talk about bullshit, read the pr from 2022. Stock buyback? Seriously? And what ever became of the "conversations with multiple parties exploring joint ventures and acquisitions."

VAYK Announces Strategic Investment and Stock Buyback Progress

Dallas, Texas, Aug. 16, 2022 (GLOBE NEWSWIRE) -- Vaycaychella, Inc. (OTC Pink: VAYK) (“VAYK”) today announced new strategic investment discussions revealed last week have progressed even more encouragingly than anticipated. The discussions include the exploration of a stock buyback with a portion of the potential proceeds.

The discussions were sparked by VAYK’s recent update on its coming next version of an award-winning Peer-2-Peer Alternative Finance Application (APP) for sourcing financing to purchase income producing vacation properties.

At the same time, VAYK has also entered conversations with multiple parties exploring joint ventures and acquisitions. The parties are all engaged in the alternative real estate finance market and interested in benefiting from VAYK’s fractional real estate investment application.

[stock king 1]

What does this company do , beside ripping people off.. does anyone have anything solid besides bull chit

[Cambreau]

Thank you also, P&V.

[price_and_volume]

EM has 15-day grace period, otherwise new 15c2-11 required.

At least that's my understanding from OTCM & FINRA.

$WSGF & then $VAYK exceeded that, so even tho it re-gained Pink Current status, OTCM/FINRA now require an updated Form 15c2-11 to be filed.

This may help

Also OTCM's blog attempts to explain it here & here:

1. https://blog.otcmarkets.com/2021/03/25/understanding-the-expert-market/

2. https://blog.otcmarkets.com/2023/09/14/the-expert-market-its-larger-role-post-rule-15c2-11/

As mentioned, until then $VAYK continues to trade thin & non-transparently to retail.

Does that imply PPS is "manipulated"?

Maybe. Bids & Asks are not transparent to retail, which is why retail is repeatedly warned against trading or even believing what they see in these stocks.

Doesn't mean they can't run bigly if you're lucky.

GLTA

[Lime Time]

Looks like higher highs coming soon VAYK

[Cambreau]

Thank you.

[Moneychats]

Company needs filing Form-211 otherwise trading still limited. If you go to offical OTC website www.otcmarketing.com and check VAYK, you'll see this warning:

Warning! This security is eligible for Unsolicited Quotes Only

This stock is not eligible for proprietary broker-dealer quotations. All quotes in this stock reflect unsolicited customer orders. Unsolicited-Only stocks have a higher risk of wider spreads, increased volatility, and price dislocations. Investors may have difficulty selling this stock. An initial review by a broker-dealer under SEC Rule15c2-11 is required for brokers to publish competing quotes and provide continuous market making.

That's what's happening here: wide spreads, high volatility. Unless the company files Form-211 with FINRA it won't change much.

[InfiniteAlchemist33]

Still trading like it did while on the Expert Market.. So once the reigns are off, this B***🤫I see her runnin wild… $0.03 new support!
imho

[Cambreau]

I think they know something good is coming. That's why retail is having a hard time getting into the game.

[stock king 1]

Until they put out something , they will just flip this until that happens… good luck

[Cambreau]

18 trades and 440,000 in volume. What a joke !

[Slojab]

And yet, someone just got $.0013s.

[Moneychats]

0.0017 shares are gone in few minutes. Now the lowest ask is 0.0018. Like I said, there aren't no more cheap shares left. If buyers don't bid higher they won't get it.

[Lime Time]

I was wondering the same thing. Where are the buyers? They are out buying junk tickers with 10B+ OS that will never ever move. This has 852m, can easily see pennies. This just got current and active let's see what it can do

[Cambreau]

60,000 share bid at .0012, I just bid 250,000 at .0013, What shows up at .0013 ? 10,000 !!!

[Moneychats]

Honestly i dunno. Perhaps buyers not convinced yet. As you said the company is just out of "expert market" and people are still watching. But i do believe that all cheap shares are gone. I researched and it is super thin between 0.002 and 0.004. And the newly issued shares of the company (last sept) have a conversion price of $0.007, as @InfiniteAlchemist33 pointed out yesterday. So there should be not much selling power left. If we have new buyers I believe this ticker will soar.

[Cambreau]

Wouldn't you say the trading here this week has been anemic ? 1 mil shares Monday, 2 mil. yest. and well under 1 mil today so far. VAYK is barely out of trips but we've had 2 promising PR's this week plus more news expected by March. Hardly ever see a 1 million share buy or sell in one shot. OS under 900 mil. where are the buyers ?

[Moneychats]

AAMOF doesn't look like PPS manipulation today. There's a big spread between bid (0.0012) and ask(0.0018) so it is likely legit. My interpretation is that buyers still want to get shares cheap, but the cheap shares have dried out. Those who loaded at below 0.001 have sold most of their shares to take profit. Those who still have shares no longer want to sell below 0.0018. This is my best guess.

[Cambreau]

Yes the pps manipulation has been rampant. As Moneychats pointed out, every big bid is not shown because "they" run interference with a 10k bid. Can only hope that means this might have a good run soon.

[InfiniteAlchemist33]

For some reason ever since this ticket, went to the expert market, executed trades has been very limited..

[Moneychats]

You still haven't answered my question: what's your criteria for "good investments" on OTC companies? Or do you believe that all penny stocks are bad investments?

I have given you my answer. I believe that 90% of OTC penny stocks will eventually fail. So my investment strategy is to buy at their early stage, and exit when they make certain progresses and meet certain milestones. Do not hold for long term because in long term most penny stocks will likely fail. So i don't care if a company has a future. If it can continue progressing for 2-3 years I will think it is a "good investment".

You don't get it because you have no sense of real business. You are probably looking for next apple or google or GE here. But these OTC companies are for sure not the next appl or google. That's why you always sound so sour and negative.

[Slojab]

Yeah, it's not like there are outright scams in the OTC.

Newbies fall for them all the time. Even if they're just flipping, they can get burned. Especially if they only listen to the pumpers who are trying to drive the price up by telling everyone that everything coming out of the company is wonderful.

Like today's pr.

[Moneychats]

Flipping is probably only reason to invest in penny stocks, at least for retail investors. So i don't know why you are here if you are not talking to traders and flippers. Who do you think are reading your posts? Venture capitalists? Billionaire strategic investors? LOL they don't buy millions of shares at 0.0001 like i do. I understand that you may think you are on a mission, but your perspective is irrelevant for penny stocks.

Put it this way: 90% of small businesses in USA would get bankrupted within 5 years of incorporation. Almost all penny stocks are small businesses so they have a 90% chance to fail. That is the game. Don't tell me to invest in any penny stocks and hold for 5 years. I will buy low and sell high. And I will advise you to do the same.

[abazaba375]

Hi :) he

[Slojab]

My posts aren't for traders and flippers looking to score on the bullshit that companies put out in their press releases by hyping it's "potential" or it's low float. If anyone cares about the reality of what the company's prospects are, they might want to read my posts. After all, Justice hasn't done a thing to warrant real interest in it's ability to earn money with it's business plan since taking over WSGF in 2020. The proof is here.

https://www.otcmarkets.com/stock/VAYK/financials

Btw, I only came to follow this ticker because I was warning people about that previous ticker which never stood a chance when Justice took it over. You might have a different view of things if you'd been around longer than three weeks.

[Moneychats]

Seriously, what's your criteria of good news? What will be the reason for you to think people should buy millions of shares of any penny stocks?

No intention to stalk you, but i do look into your recent posts across boards. Appears that you are talking down on various stocks without endorsing any one. Are you a penny stock investor? Or are you a preacher whose mission is to prevent people from buying any penny stocks? If your conclusion is "don't buy any penny stocks" perhaps you can honestly state so.

As for VAYK, you have been talking negative about it since the PPS was $0.0001. Those who bought at that price could have made over 1000% profit. Will you admit that you were wrong?

[Slojab]

Why would they want to buy millions of shares today?

And if they put their order in at the ask why wouldn't they be "allowed" to?

[Cambreau]

I think people will want to buy millions of shares here this afternoon. Let's see if they're "allowed" to !

[JustJack]

Dallas, TX -- February 6, 2024 -- InvestorsHub NewsWire -- Vaycaychella, Inc. (OTC Pink: VAYK) ("VAYK") today announces that the company has increased its net equity by more than $2.5 million, which results from the company successfully reaching debt reduction agreements with previous debtors and investors over the past few fiscal quarters. The overwhelming majority of the debt was eliminated without any reciprocal consideration.
"The majority of the eliminated debts date back to agreements more than 10 years old when the company was under a totally different name and managed by a totally different team, and engaged in a totally different business," says Bill Justice, CEO of the company. "Furthermore, the subject debts were no longer even held by the parties that entered into the original debt agreements."

"In such a context, and with the introduction of new strategic investors, we were able to successfully convince some holders of the legacy debts that it was time for them to move on. We are grateful and very appreciative that most of them agreed to forgive these legacy debts."

One major debtor, according to the company's filings on OTC Markets, forgave all debts owed to him without consideration. This covers all outstanding balances including default penalties resulting in a total reduction of over $2.1 million.

Another debtor, according to the filings, forgave approximately $130, 000 of outstanding debt without consideration.

A third debtor reached an agreement with the company to cancel and waive all the outstanding interest and fees on a total amount of approximately $143,000, without consideration. The same debtor also agreed to convert all the principal of his debt into common shares at a price about ten times higher than the average trading price at the time of conversion. As of today, the executed conversion price is still more than 100% above the trading price of the company's shares.

"Overall, our restructuring campaign led to a debt reduction of approximately $2.55 million, of which about $2.37 million was complete forgiveness or cancellation," said Mr. Justice. "This has resulted in an net equity increase of almost the same amount. Allocated to our approximately 862 million outstanding shares, it equals to a net equity increase close to $0.003 per share."

The company plans to communicate more details regarding its recently updated comprehensive business plan in the following weeks via additional news releases.

[Moneychats]

They were on the book. It the same as your student loan. It may be old, and you may have no plan to pay it off, but it is there and have an impact on your credit, and you still have to pay interest every year. Would it be a great news if your student loan got forgiven?

[Slojab]

Sounds good until you read the content. Reduction of old debts that no shareholder even knew about. Or cared about. How disappointing.

[Moneychats]

Isn't it true? Where is the misleading?

[Slojab]

Talk about a misleading headline.

VAYK Announces Net Equity Increase Over $2.5 Million

https://www.otcmarkets.com/stock/VAYK/news/VAYK-Announces-Net-Equity-Increase-Over-25-Million?id=429593

[Cambreau]

3 separate buy bids undercut by those lousy 10K MM share bids each time.

[Moneychats]

If so new bottom should be above $0.01. If someone's conversion price is $0.007 he won't make any profit selling at that price, due to fees/commissions and other costs. He'll only profit selling above $0.01. And since he is likely a pro he may want 50% or higher margin, so his exist price may be between $0.015 - $0.02.

For those who doesn't pay attention to the number of zeros, that target price is 10x higher than the current trading price.

[InfiniteAlchemist33]

September 2023 a “Convertible Note” was converted to 43,057,901 shares @$0.0073.. this should soon be the new bottom….

[Cambreau]

Looks like yet another day of retail being shut out of buying and selling this stock. The MM's are here to help. SMH !

[Cambreau]

Like you pointed out last week, the bids are probably being hidden. Less than 1 mil. volume all morning seems way too low. PPS still held hostage by many 10k - 20k buys and sells.

[Moneychats]

3-5 mil should be enough to break 0.002 IMO (Level 2 shows 695K shares for sale at 0.0019, but there must be some hidden asks, so i estimate 3-5 million). Overall this thing is super thin. I pulled out its trading data in 2023. Under $0.004 there had only been a few million shares traded at each point, and it is only at and above $0.004 we may see tens of millions volume of resistance.

[InfiniteAlchemist33]

VAYK’s just waiting on some real volume.. 15 thru 20 million traded then let’s see..

[JustJack]

All .0019's printing this morning.

Looks good.

[$treet Trader]

VAYK .0019 up, break this and we run

[Moneychats]

Not advice: Technically it should go to $0.0030 after the recent PR.
Some people don't see why that PR is great news. It says the company has reduced $2 mil debt which equals to increase of $2 mil net equity. Allocated to 900 mil shares (actually floating shares are 850 mil) that is about $0.0021/share. The closing price was 0.009 before the PR. So technically the fair market price of VAYK share should be 0.009+0.0021=$0.0030

I am not saying that the PPS will reach $0.0030. It may not. I just want to debunk some claims that the PR was all fluff.

[Moneychats]

Reducing $2mil debt equals to $2mil profit, financially. According to the recent PR the company have reduced debt by $2 mil and may reduce another $1 million. Let this sink in.

[Slojab]

Point being, they're not buying on fundamentals. They're simply hopping on a stock that they think will run on a fluff pr.

That momentum doesn't last unless the company continues to put them out.

Nothing has really changed for the company. Hopefully, people understand that and they secure profits before it sinks back to where they bought in.