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Bullboard - Stock Discussion Forum Reklaim Ltd V.MYID

Alternate Symbol(s):  MYIDF

Reklaim Ltd. is a Canada-based consumer data and privacy provider. 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

TSXV:MYID - Post Discussion

Reklaim Ltd > $MYID Interview With Benzinga
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Post by partystocker on Feb 15, 2022 3:54pm

$MYID Interview With Benzinga

This interview with Benzinga is really great. It cleared up a lot of questions I had about Reklaim’s (TSXV: MYID) business model, runway, and growth potential. 


https://www.benzinga.com/tech/22/02/25359716/a-company-giving-consumers-the-opportunity-to-take-back-control-of-their-digital-data-and-even-monet


Through its VPN, the company is offering its users the ability to either sell their data, protect their data, or best of all, do both.


By choosing to operate on a basically zero dollar cost-per-acquisition model, the company has also given itself tons of runway. The company has been able to sustain healthy user acquisition via a super simple signup process, requiring only your email address. 


There’s a lot more detailed info in the interview, so I recommend checking it out. On average, each individual’s data profile sells for around $6K, so it’s interesting to simply sign up to Reklaim to see how much your data is being sold for. 


$MYID.V is currently valued at a market cap of $15.16 million and is trading at a price of $.225.

 
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