$MYID.v is about to enter a serious growth phase. Reklaim (TSXV: MYID) has officially closed the first tranche of a non-brokered private placement for gross proceeds of $1.3 million.
Additionally, as signaled in both its Q4-2021 and Q1-2022 MD&A, the company announced that it has streamlined its operations to a cash-neutral position after two years of building its infrastructure, distribution, and scale.
With cash on hand and a cash-neutral position, It looks to me like we are about to witness this company enter a rapid growth phase. This has me really excited for continued updates on revenue and client acquisition.
$MYID.v is currently trading at $.12, valued at $8.25 million.
https://ceo.ca/@newsfile/reklaim-closes-13-million-non-brokered-private-placement