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Slojab

03/21/24 10:48 AM

#9465 RE: JustJack #9464

Shareholders have no idea what this arrangement will have on VAYK's bottom line. If any. The milestones that need to be met are unknown, as is the potential revenue from whatever equity percentage of ownership they will receive. And that's NET revenue, I would imagine.

Ultimately, Vaycaychella is entitled to earn a majority interest in the property with over 50% equity by fulfilling specific milestone tasks. With its equity share, Vaycaychella will receive earnings distributions from the short-term rental operation proportional to its percentage of ownership in the property.