Great Estate Blockchain, Inc. (OTC: VAYK), formerly known as Vaycaychella, Inc., reported over $2.0 million in revenue and close to $500,000 in operating profit for the fiscal year 2025, representing approximately 300% revenue growth over the prior year. The company attributed the growth primarily to its home engineering business, acquired in January 2025.
However, the company’s Board of Directors issued a statement highlighting significant uncertainties. The blockchain and cryptocurrency initiative, announced last year, has been indefinitely suspended due to a more than 40% decline in Bitcoin's price since October 2025 and other adverse market conditions. The board noted that the initiative's potential to contribute to growth has been undermined by factors beyond the company's control.
Additionally, the home engineering business—the main driver of 2025 revenue—faces uncertainty. The acquisition involved issuing 500,000 Series B preferred shares for a 50.1% equity interest, valued at $0.005 per common share upon conversion. However, the company's common shares have recently traded below $0.001, triggering a Valuation Adjustment Mechanism that could require issuing additional shares to the seller at unfavorable terms. The company is in active discussions to amend the acquisition agreement, but if no amendment is reached, the acquisition may be reversed, leading to significant adjustments to 2026 financial performance.
The statement was issued by the Board of Directors and included forward-looking statements regarding risks and uncertainties. The company remains committed to long-term growth and is exploring alternative strategies.
