A Las Vegas-based micro cap just confirmed that the company is scheduled to close the acquisition of Definancial, Inc., a technology firm that has developed a proprietary cryptocurrency exchange technology solution, this Friday, March 11. Shares of Vaycaychella Inc. (OTCPK:VAYK) rallied strongly on the news.
Vaycaychella Inc. is engaged in financing for the purchase and renovation of real estate properties to generate revenue from short-term vacation rentals. Its mission is to serve short-term vacation rental owners and investors in the near term with a peer-to-peer (P2P) lending application (app).
Traders were bullish on the news as shares popped up to $0.0044/share (+10.00%) at the session high. This move could be an indication of things to come as the stock might be breaking out of the multi-month trading range it has been corralled by for quite some time.