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 the fiscal year 2025, representing approximately 300% revenue growth over the prior year. However, the company’s Board of Directors issued a statement detailing significant uncertainties that could impact its financial performance in 2026.
According to the statement, the company has indefinitely suspended its blockchain and cryptocurrency strategy, which was announced in 2025. The initiative faced substantial uncertainty due to market conditions beyond the company’s control, including a more than 40% decline in the price of Bitcoin following October 2025. The board noted that while the strategy initially appeared to have meaningful potential, the unanticipated market volatility led to the suspension.
Additionally, the company faces uncertainty regarding its home engineering business, which was the primary driver of its 2025 revenue growth. This line of business was acquired in January 2025 through the issuance of 500,000 Series B preferred shares to the owner in exchange for a 50.1% equity interest. The Series B preferred shares, if converted to common shares, would be valued at $0.005 per common share, but the average closing price of the company’s common shares has remained below $0.001 per share over the past month.
The acquisition agreement includes a Valuation Adjustment Mechanism triggered if annual revenue exceeds $1.5 million, a threshold that was surpassed in 2025. Due to the significant discrepancy between the valuation at acquisition and current market prices, the mechanism could require the issuance of additional shares to the seller at a price that may not be in the company’s best interests. The company is engaged in active discussions with the owner regarding a potential amendment to the acquisition agreement, but there is no assurance that an amendment will be reached. If an amendment cannot be agreed upon, the acquisition may be reversed, resulting in significant adjustments to the company’s financial performance in 2026.
Despite these challenges, the company remains committed to long-term growth and is actively exploring alternative strategies and opportunities. The full statement from the Board of Directors is available in the original press release on PRISM MediaWire.
