Great Estate Blockchain, Inc. (OTC: VAYK), formerly known as Vaycaychella, Inc., reported over $2.0 million in revenue with close to $500,000 in operating profit for fiscal year 2025, representing approximately 300% revenue growth over the prior year. The company's Board of Directors issued a statement addressing significant uncertainties surrounding its business initiatives.
The board revealed that the company has indefinitely suspended its cryptocurrency and blockchain strategy, which was announced in 2025. The decision follows a more than 40% decline in Bitcoin price after October 2025, creating substantial market uncertainty beyond the company's control. The blockchain initiative was initially pursued to supplement existing operations.
Additionally, the company faces uncertainty regarding its home engineering business, acquired in January 2025 through the issuance of 500,000 Series B preferred shares for a 50.1% equity interest. The acquisition agreement includes a Valuation Adjustment Mechanism triggered when annual revenue exceeds $1.5 million — a threshold surpassed in 2025. However, the company's common stock closing price has remained below $0.001 per share over the past month, significantly below the $0.005 per share valuation at acquisition. This triggers potential issuance of additional shares to the seller at terms that may not be in the company's best interest.
The company is engaged in active discussions with the seller to amend the acquisition agreement. If no amendment is reached, the acquisition may be reversed, resulting in significant adjustments to 2026 financial performance. The board emphasized that no assurance can be given regarding the outcome of these discussions.
The company remains committed to long-term growth and is exploring alternative strategies to continue expanding its operations. The full board statement is available in the original press release on NewsRamp.
