World Series of Golf (OTCMKTS:WSGF), which operates a short-term vacation rental fintech company engaged in real estate investment as well as financing, on October 12, 2021 confirmed that the firm will be publishing management overview the next day. This will be focusing on initiatives underway for next few months for expediting growth in revenues as well as accretion of assets to balance sheet.
In 2020, WSGF had done acquisition of business named Vaycaychellaand made the company its first business focus. Now, a corporate name change is in process.
Vaycaychellaprovides entrepreneurs aiming at acquisition of rental properties as well as businesses besides investors aiming at businesses and short-term vacation rental properties.
Through the operating subsidiary, Vacycaychella in 2021 launched a Peer To Peer Short Term Rental Property Purchase Application, which is targeting the $87 billion vacation rental market.
WSGF is looking at organic expansion and acquisitions on its growth path.
Market Reaction:
On Tuesday, WSGF stock gained 9.58% at $0.0183 with more than 23.47 million shares, compared to its average volume of 8.94 million shares. The stock has moved within a range of $0.0165 – 0.0194 after opening the trade at $0.0168.
