VAYK Appoints Jason Armstrong as CEO for Organic Growth to $5 Million Revenue
"Jason has served as a director on our board for six months, while leading our house engineering services business," explained
Upon Armstrong's appointment, Anderl has stepped down as Interim CEO but will continue to work on new business development for the company, particularly in acquiring new Airbnb properties.
"It is my great honor to lead this great team," said Armstrong. "While my primary focus will be on organic business growth, our company will continue to seek explosive expansion through mergers and acquisitions. We have developed a deal pipeline totaling
"However, closing any of these deals will likely require issuing a significant amount of our stock. At our current share price level, the company has very low interest in issuing more stock. We will revisit acquisition deals when our share price reaches a more reasonable level. In the meantime, it will be more productive to focus on organic growth, with a goal of
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:
Contact@Vaycaychella.com
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