VAYK Surpassed $1 Million Rev in 7 Months and Projected 250% YoY Growth
In addition to the disclosure, the management of the company announced today that VAYK has surpassed
However, the company still incurred a net loss of over
"After divesting our legacy asset in
"However, interest costs will continue to impact our performance," Armstrong added. "For the first half of the year, we paid nearly
Armstrong confirmed that the company is seeking equity financing options to reduce its loan burden. However, management will only accept equity investments that offer a premium over the current share price. In other words, any equity financing must not dilute investors who purchase from the current market, and instead should reward these investors with a premium.
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
+1 470-804-7144
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