Reklaim Ltd. (TSX.V: MYID) (OTCQB: MYIDF) Enables Users to Reclaim Online Data; Seeks to Expand Operations Through Acquisition of Multimedia Lists
Data Protection has increasingly become a focus around the globe, with the United States and Europe recently agreeing to implement a joint data privacy framework With one small company said to be successfully hacked every 19 seconds, losses attributed to data breaches in the United Kingdom alone amount to over £4 billion per annum Reklaim has centred its business model around enabling users to reclaim their data, delete it or in its stead, monetize it The company recently entered a non-binding letter of intent to purchase US-based Multimedia Lists to expand its top-line revenue and profitability further In 2004, Philip…