World Series of Golf, Inc. Shares Jump 200% on Acquisition and Development News; Innovative Sharing App Projected to Deliver $100 Million in Future Revenues

Soulstring Media Group covers WSGF's Innovative Sharing App

December 18, 2020 10:30 AM EST | Source: Hawk Point Media Group.

Miami Beach, Florida--(Newsfile Corp. - December 18, 2020) - World Series of Golf (OTC Pink: WSGF) is consolidating after a sharp rally last week that took shares higher by more than 560%. Volume remains high, and the stock is trading at roughly $0.03 a share at publication time, holding its bullish trend with shares gaining approximately 200% since the start of the month.

Goldman Small Cap Research recently put out a research report on the stock. Their thesis is built on an acquisition and development strategy already in place at WSGF that is expected to send revenues sharply higher during the next few quarters. In fact, WSGF announced on December 15, 2020, that its subsidiary, Vaycaychella, experienced a robust response to its recent beta-testing of its innovative sharing app that unites investment opportunities and property owners looking to acquire, operate, and manage short-term vacation property rentals.

Early stats from the performance were said to be impressive. They were reportedly strong enough during beta-testing to cause management to project that the app can help generate more than $100 million in revenue during the first 12 months following the full market launch of the peer-to-peer (P2P) application. Its design is key to its success.

The app will fully automate the connection of short-term vacation property buyers with investors. More importantly, the design helps expedite investment and development opportunities and eliminate the logistical hurdles associated with conventional short-term financing.

Moreover, the timing for WSGF may be right. The Airbnb IPO was an enormous success, and the 64% gain in Bookings Holdings stock price since April shows that the sector is not only red-hot, but also ripe for exponential growth for the companies that understand the space. Vaycaychella does.

Recent Acquisition Of Vaycaychella

Moving quickly, the company completed the first of many planned acquisitions. World Series of Golf, Inc. already announced its acquisition of Vaycaychella, a three-year-old business focused on financing short-term vacation rental properties outside of conventional financing channels. The deal will leverage a state-of-the-art sharing app, which they think can be a better option than Airbnb, Booking.com, and Vrbo, to seamlessly connect investment-minded entrepreneurs with compelling opportunities in the short-term vacation property rental business. In simpler terms, it connects buyers, sellers, and investors, and more importantly, puts the investment vehicle in place that allows all parties to monetize their interests.

Additional value-creating services are also in development. The first is its global payment solutions service that will provide property hosts a comprehensive ability to receive and make payments associated with operating one or more short-term vacation properties. Its function will help eliminate the complexities of managing multiple properties and facilitate seamless transaction functionality, especially for owners that operate international properties. That convenience is especially important.

Addressing that point, Forbes published an article that exposed the challenges of inefficient global payment systems used for short-term vacation property owners and operators. They especially alluded to the likelihood of weak payment platforms having the ability to interfere with an expected spike in global business and leisure travel in 2021.

They also noted that while an effective rollout of the COVID vaccine may cause a surge in travel, it can unintentionally exacerbate the existing challenges facing short-term vacation property operators by exposing their dependency on outdated and inefficient global payment systems.

They also highlight other shortcomings of current payment platforms, including the complexity of banking in emerging markets, the risk to payment systems from organized hacker attacks, and the expenses associated with multiple currency exchanges.

Vaycaychella's strategy is to meet and defeat those challenges head-on.

Plans To Launch Visa Card Solution

One approach is to capitalize on the inefficiency of many international rental markets. Targeting that weakness, Vaycaychella is planning to launch a global Visa Card solution that goes beyond managing receivables. The card will have comprehensive features and is expected to be a valuable tool that allows each hosting account to manage expenses for each short-term rental operation.

On December 17, 2020, the company noted that the Visa Card solution for hosts is only the first of several planned global payment system solutions being designed to specifically support what they call "rentrepreneurs".

They also brought attention to additional projects already underway to provide revolving credit services to help operators manage cash flow. A Vaycaychella pre-paid Visa Card is also in the works, with its goal of allowing hosts to offer over-the-top services by assisting renters in managing currency exchange transactions.

The overall plan is comprehensive, and WSGF and its subsidiary Vaycaychella, are putting the pieces in place to emerge as a strong niche player in the sector. The ambition, though, is to grow from niche status to a competitive leader.

Taking On A Massive Market

Emerging companies take small steps to become significant players. WSGF is taking that approach. They recently announced a capital transaction that will reduce balance sheet debt by $1.25 million in a deal expected to be completed by the end of the month. Other changes are happening, as well.

The company is also making a corporate name change in conjunction with its new Vaycaychella business focus. The new branding will reflect its direction and better associate its available short-term financing alternatives for vacation rental property owners and investors.

Vaycaychella's mission is ambitious, but they are targeting a market that expects nothing less. WSGF management believes in their path and thinks their comprehensive sharing-app technology will empower entrepreneurs to get into the short-term vacation property rental business.

The stock may be off its highs this week, but holding on to its more than 200% gain shows that investors like the plan. Now, it's a matter of execution and taking advantage of a multi-billion dollar market opportunity.

Media Contact:

Kenny Feigeles
editorial@hawkpointmedia.com

ken@soulstringmedia.com

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