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ATLANTA, May 1, 2025 /PRNewswire/ -- Vaycaychella, Inc. (OTC Pink: VAYK) ("VAYK") confirmed today that a person who holds insider information has purchased 14 million shares on the open market since last November. In particular, the said person has purchased more than 10 million shares in the first 4 months of 2025, including 2 million shares in the last 10 trading days.
"Per the voluntary disclosure provided by the said person, they purchased more than 4,208,426 shares of common stock by 12/31/2024 and 11,695,144 shares of common stock by 03/31/2025, respectively," said Stephanie Anderl, Interim CEO of Vaycaychella. "They made more purchases after our annual report was out and are currently holding approximately 14 million shares."
Anderl clarified that purchases by the insider were at the sole discretion of the said person. The company holds no official opinion on its share price and makes no recommendation or solicitation to investors regarding its common shares.
"We disclose this information for the purpose of transparency, and it doesn't constitute an endorsement of this insider's investment decision," added Anderl. "Since we are not an SEC-reporting company, insider trading on our stocks is not eligible for disclosure via SEC filing, so we choose to disclose this information through alternative channels."
Anderl shared that the insider had expressed their intention to purchase more shares on the open market but had given no indication about the timing and volume of future purchases.
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.
VAYK Contact:
+1 470-804-7144; Contact@Vaycaychella.com
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SOURCE Vaycaychella, Inc.