DALLAS, March 12, 2021 /PRNewswire/ -- World Series of Golf, Inc. (OTC Pink: WSGF) ("WSGF"), through its new operating subsidiary, Vaycaychella, today highlighted news from Washington that "House Democrats are reportedly pressing President Joe Biden to reverse U.S. policy on Cuba once again, returning to the detente that prevailed before Donald Trump took office (Bloomberg).
WSGF acquired Vaycaychella last year making the new business acquisition its primary focus. A name change reflecting the alternative real estate finance focus is underway. The name change will include a ticker symbol change. No reverse or forward split is concurrently underway with the name and ticker symbol change.
Vaycaychella is helping entrepreneurs by providing alternative financing options to acquire vacation properties to rent through Apps like Airbnb and VRBO.
Vaycaychella's mission is to expand the short-term rental ecosystem upstream from rental apps like Airbnb, VRBO, and Expedia to include the short-term rental property purchase with the introduction of our Vaycaychella Peer-To-Peer (P2P) App to connect would be short-term rental property buyers that might not have had the resources before to make a purchase, with a crowd of new breed alternative investors.
Vaycaychella got its start by backing a pilot rental business that includes vacation properties in Cuba. In addition to the current operating vacation properties in Cuba backed by Vaycaychella, the company is currently backing the refurbishment of a classic Havana building soon opening as a boutique hotel. Vaycaychella management believes that normalizing U.S. relations with Cuba could open hundreds and possibly thousands of entrepreneurial vacation rental property opportunities.
Vaycaychella recently launched a beta version of its Peer to Peer (P2P) App to provide vacation property operators and would be vacation property operators with alternative finance options to acquire and/or refurbish vacation rental properties.
Earlier this week, the company announced kicking off development efforts on the next version of the company's alternative real estate finance application designed to facilitate the purchase of short-term rental properties. The Vaycaychella App Version 2.0 will include cryptocurrency and crowdfunding features to expand alternative finance options available to entrepreneurs ("Rentrepreneurs").
Management confirms the Vaycaychella App Version 1.0 production release is on track for June.
To learn more and keep up with the latest updates at Vaycaychella, visit https://www.vaycaychella.com/. At the company website, you will find a blog with frequent industry publications on the short-term rental market in general, as well as entries specific to Vaycaychella.
Disclaimer/Safe Harbor: This news release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company's current views with respect to future events that involve risks and uncertainties. Among others, these risks include the expectation that any of the companies mentioned herein will achieve significant sales, the failure to meet schedule or performance requirements of the companies' contracts, the companies' liquidity position, the companies' ability to obtain new contracts, the emergence of competitors with greater financial resources and the impact of competitive pricing. In the light of these uncertainties, the forward-looking events referred to in this release might not occur.
William "Bill" Justice
SOURCE World Series of Golf, Inc.