World Series of Golf, Inc. (OTC Pink: WSGF) shares are trending higher following a pullback from its 560% rally in December. During the past three trading sessions the stock has traded higher by more than 16% on an intraday basis. A recently published video and coverage by Goldman Small Cap Research may be grabbing investors attention.
Both cover the company's Vaycaychella app that connects real estate investors to property owners. It's an innovative app that may have the potential to change the real estate investment landscape.
Video Link: https://www.youtube.com/embed/GRw1uSTKSmc
An interview with WSGF's CEO, William "Bill" Justice, is also attracting attention. In it he highlights the company's plans for 2021. In that interview (HERE) he explains how the Vaycaychella app can open the door for investment to virtually anyone and significantly broadens sector opportunities for both owners and investors. And because it can help eliminate the lengthy steps in conventional real estate financing, especially for those investing in second or third properties, it can be the difference between getting a deal done and getting it declined by a bank. The app can reduce credit checks, shorten inspection times, significantly reduce paperwork, and eliminate the need to provide years worth of financials to close the deal. Also, income to debt ratios and credit scores don't matter much at all.
He also said his company plans to boost revenues by launching a branded Visa Card service for hosts by February of 2021. That card is being designed to benefit short-term rental hosts market-wide, which will help them tremendously and helps the company by adding an additional source of revenues.
He finished by noting that WSGF is determined to take a diversified approach to position itself for a breakout year in 2021 regarding its products and revenue growth. The app showed that it could have broad appeal, and the planned Visa card services can attract millions of host users across the globe. Thus, the company's diversification into two potentially lucrative segments, has the potential to deliver two enormous catalysts for the company.
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