DALLAS, April 20, 2021 /PRNewswire/ — World Sequence of Golf, Inc. (OTC Pink: WSGF) (“WSGF”) today launched a management update in conjunction with the not long ago posted FY2020 Yearly Report.
Serving Future Airbnb and VRBO Operators
WSGF obtained Vaycaychella last yr generating the new enterprise acquisition its key aim. A name alter reflecting the different authentic estate finance focus is underway.
When WSGF acquired Vaycaychella, Vaycaychella was already in the company of facilitating funding for the order and renovation of true estate qualities for the goal of making income from limited-time period vacation rentals like individuals uncovered on Airbnb, and VRBO. Vaycaychella’s mission is to provide brief-time period holiday rental house owners and investors in the in the vicinity of phrase with a peer-to-peer (P2P) lending application (App) at present below progress, and at this time, getting analyzed in a beta section.
Prior to Vaycaychella’s acquisition, Vaycaychella released a pilot choice actual estate funding operation to take a look at and evolve its operating premise. Vaycaychella nonetheless maintains a portfolio of Caribbean holiday attributes as a pilot product to validate the possibility to make a company all-around giving an substitute funding useful resource to empower business owners to build and expand limited-term family vacation property rental businesses.
$1.25 Million Asset And $1.5 Million Liability Exchange For Non-Convertible Chosen
Vaycaychella has delivered option financing backing multiple short-expression family vacation rental attributes and a boutique lodge.
Vaycaychella invested $1.25 million bucks in the pilot, Caribbean, brief-time period vacation rental properties prior to WSGF’s acquisition of Vaycaychella.
WSGF obtained Vaycaychella in January of 2020, in trade for a $1.5 million take note.
WSGF and the Vaycaychella sellers anticipate to exchange the $1.5 million notice for chosen stock without the need of an possibility to transform into widespread, prior to the end of Q2 2021.
Peer-To-Peer (P2P) Fintech Option Authentic Estate Finance Application To Launch This May well
The Vaycaychella Peer-To-Peer (P2P) Application will join would be shorter-expression rental property potential buyers with a new breed of different traders.
Administration expects to start the App no later on than May possibly of this year and possibly by the conclusion of April. The App is at present undergoing Beta testing.
The publish Covid convergence of an increase in family vacation demand from customers and housing offer could final result in an great obtaining option for would-be small-term holiday assets proprietor/operator entrepreneurs, and WSGF’s Vaycaychella Application has the opportunity to be the ideal instrument at the appropriate time to support entrepreneurs (or as we like to phone them “Rentrepreneurs”) to obtain residences.
Cryptocurrency and Crowdfunding
The enterprise a short while ago announced kicking off improvement initiatives on the upcoming variation of the firm’s option real estate finance software created to facilitate the purchase of limited-term rental qualities. The Vaycaychella App Version 2. will contain cryptocurrency and crowdfunding capabilities to broaden substitute finance choices out there to business owners (“Rentrepreneurs”).
WSGF management studies having been not long ago contacted and moving into into to organization enhancement negotiations about an prospect to start a cryptocurrency backed by fractional ownership into a portfolio of short-expression rental family vacation properties. Administration anticipates an arrangement coming before long.
Caribbean Boutique Resort
The Vaycaychella backed boutique Caribbean Hotel is situated in Havana, Cuba. In spite of the affect from Covid, renovations are nearly full, and an opening is expected shortly. To rejoice the opening and to aid industry consciousness for Vaycaychella’s substitute finance company, appear for information coming soon about a contest to take part in the opening celebration, and be one of the 1st to stay at the Vaycaychella backed boutique Caribbean resort.
To learn a lot more and keep up with the newest updates at Vaycaychella, visit https://www.vaycaychella.com. At the organization web site, you will come across a site with regular market publications on the short-expression rental industry in standard, as properly as entries particular to Vaycaychella.
Disclaimer/Secure Harbor: This information launch has ahead-on the lookout statements in the meaning of the Securities Litigation Reform Act. The statements mirror the Firm’s present views with respect to potential situations that require pitfalls and uncertainties. Among the other people, these hazards involve the expectation that any of the organizations outlined herein will attain considerable revenue, the failure to meet up with timetable or effectiveness necessities of the companies’ contracts, the companies’ liquidity posture, the companies’ potential to receive new contracts, the emergence of rivals with larger economic sources and the impact of aggressive pricing. In the mild of these uncertainties, the ahead-seeking gatherings referred to in this launch may possibly not come about.
WSGF Get hold of:
William “Invoice” Justice
+1 (800) 871-0376
Source Globe Series of Golfing, Inc.