Bullboard - Stock Discussion Forum Reklaim Ltd V.MYID

Alternate Symbol(s): MYIDF

Technology

Reklaim Ltd. is a Canada-based consumer-focused data company. The Company is engaged in offering compliant, first-party data to Fortune 500 brands and agencies, platforms, and data companies through which it allows consumers to visit the platform, confirm their identity and unveil data that has been collected and sold on them for years without the consumer's explicit consent. It enables... see more

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TSXV:MYID - Post Discussion

Reklaim Ltd > "Anything that impacts privacy is good for $MYID"

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Post by waves1 on Nov 29, 2021 2:44pm

"Anything that impacts privacy is good for $MYID"

Reklaim Inc. ($MYID $MYIDF) is trading in the green today, up 6.25%.

Here's $MYID's investor webinar from this past summer (before the name change from Killi to Reklaim), I'd really recommend it to any potential new investors or anyone who wants a recap of the company.

Highlights:

Capital structure
The data market industry
Scale, distribution & uniqueness
Recent industry catalysts
Revenue KPI's

What stood out to me the most was when Neil Sweeney said "Anything that impacts privacy is good for $MYID". $MYID is set to consistently benefit from the changes in the data market and privacy industry.

While the data industry was built on a foundation of exploiting consumer data, it is transitioning to one that the places consumers at the center of new privacy policies and requires consent of consumers.

$MYID is capitalizing off this shift by positioning itself to replace the current data providers, and it is the only company in the world that allows consumers to view and take back control of their data.

https://www.youtube.com/watch?v=2Yse1Nvx_C4&ab_channel=Reklaim