ESGBreaks – Reklaim Ltd.’s (TSX.V: MYID) (OTCQB: MYIDF) Revolutionary System Enables Consumers to Take Control of Their Data
Nov 4, 2022
Reklaim (TSX.V: MYID) (OTCQB: MYIDF) is the destination for consumers to access and reclaim their data. “Reklaim’s creation was a by-product of the ongoing evolution of data privacy and its impact on consumers and companies. The company’s revolutionary system allows consumers to log in to their platform and confirm their identity, unlocking data collected on them that has been bought and sold for years without their explicit consent. At that point, consumers can take control of their data and, if they choose, receive compensation for its use. With consent secured, Reklaim offers the data to Fortune 500 brands, platforms and data companies, and when sold, the consumer is compensated a fractional share of the revenue,” explains a recent article. “Seeking to capitalize on the increased global emphasis on data privacy, the desire from consumers to monetize their personal information, as well as growing commercial demands to access consumer-generated insights, Reklaim recently revealed that it had entered a non-binding letter of intent to purchase the assets of U.S.-based data broker, Multimedia Lists (‘MML’). The transaction, which is expected to double the revenue of the amalgamated entity post-acquisition immediately, will entail a purchase price determined as a multiple of MML’s EBITDA and will also include a performance earn-out over a four-year term.”
To view the full article, visit https://ibn.fm/1BmYa
About Reklaim Ltd.
Reklaim is driven by consumer data and the evolution of privacy. Offering compliant, zero-party data to Fortune 500 brands, platforms and data companies, Reklaim allows consumers to visit the platform, confirm their identity, and unveil data that has been collected and sold for years without the consumer’s explicit consent. Reklaim enables consumers to take back control by setting up a Reklaim account through which, should they choose to, they can be compensated for their data or choose to protect it via a suite of privacy tools. To view more information about the company, visit https://investors.reklaimyours.com.
NOTE TO INVESTORS: The latest news and updates relating to MYIDF are available in the company’s newsroom at https://ibn.fm/MYIDF
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ESGWireNews delivers up-to-date information and actionable intelligence on public companies committed to sustainable corporate practices. As one of 50+ brands within the InvestorBrandNetwork (“IBN”), ESGWireNews provides: (1) access to a network of wire solutions via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible; (2) article and editorial syndication to 5,000+ news outlets; (3) enhanced press release solutions to ensure maximum impact; (4) social media distribution via IBN to reach millions of social media followers; and (5) a full array of corporate communications solutions. Environmental, social and governance (ESG) issues aren’t just buzzwords. The growing threat of climate change has moved large investors, like pension funds and insurance reserves, to action and screen investments based on sustainability and environmental impact. ESG criteria are increasingly guiding the investment choices of large institutional investors, and blue-chip companies have taken notice. ESGWireNews aims to uncover the emerging growth companies following their lead. If you’re interested in aligning your values with your investment portfolio, you’re in the right place.
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