Resolution of dispute reduces accounts payable
by $506,695.
TORONTO, Aug. 17,
2023 /CNW/ - Reklaim Ltd. (TSXV: MYID) (OTC: MYIDF)
(the "Company") is pleased to announce that it has reached a
successful agreement with a former vendor regarding outstanding
payables, reducing disputed amounts by approximately $506,695. This agreement reduces outstanding
accounts payable by 36% and will profoundly impact the Company's
financial standing and improve its balance sheet substantially.
Additionally, Reklaim held an investor call on Tuesday, Aug. 15, 2023, at 4 p.m. ET to discuss its record Q2-2023 financial
results and profitability. A recording of the presentation can be
found here or at the company's investor site:
www.investors.reklaimyours.com
About Reklaim
Consumer data and the evolution of privacy drive Reklaim.
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 collected and
sold for years without the consumer's explicit consent. Reklaim
enables consumers to take back control of this data by setting up a
Reklaim account through which, should they choose to, they can be
compensated for their data or protect it via a suite of privacy
tools. To view more information about Reklaim, visit
https://investors.reklaimyours.com.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
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SOURCE Reklaim Ltd.