Vaycaychella Inc. (OTC:VAYK) Stock Gains Momentum: Here is Why
Investors are almost always on the lookout for innovative companies, and one such company that could be worth tracking at this point is Vaycaychella Inc. (OTC:VAYK). The company is looking to expand into the domestic short-term rental market worth $64 billion, and in order to strengthen its capabilities, Vaycaychella made an announcement with regards to a key addition to its management team. In its news release yesterday, Vaycaychella announced that it had appointed a new Executive Vice President for Domestic Market in the form of Stephanie Anderl. Anderl is an Atlanta-based entrepreneur and saleswoman.
Vaycaychella also noted that Anderl would not receive any cash payment in the form of salary up until the company acquired a minimum of $500000 in the form of short-term rental properties in the Atlanta metro area and started generating revenues from the same. The operation related to the acquisition of the properties as well as the day-to-day operations of the same would be overseen by Anderl. It was revealed that Anderl would also be compensated with 10 million shares of stock options in Vaycaychella for the price of $0.01 per share.
Following the announcement, Anderl spoke about the appointment as well. She expressed her gratitude at having been named Executive Vice President. She went on to note that in her capacity as an entrepreneur, she decided to take up the non-cash compensation deal from Vaycaychella. Anderl stated that she did so due to her confidence in her capabilities in being able to grow the company and deliver considerable success. When that happens, she will realize considerable gains as well, she noted. Anderl had earlier established two companies, and one of those is involved in the management of multiple short-term rental properties. It remains to be seen how the market reacts to the appointment.