Perk Labs Inc (PKLBF)

[Growth101]

Credit Card Theft

Credit Card theft was on the rise in 2016, up over 16%, over 15 million victims and 15 billion+ in losses. It was estimated identity theft was over 150 million Americans just for this year a lone.

Technology to stop this from happening to make payment safe is important.

Sales in the restaurant business, just in Canada, estimated roughly $80 billion last year.

If this company just cleans house in Canada with the major players and with the cannabis industry to boot, they can make quite a bit of money rather fast. This saves the restaurants money, the consumers money with coupons, and can prevent theft.

Its a total no brainer assuming, and I highlight the word assuming, they dont get hacked. Im not sure how long its going to really catch on, but if / when it does, this is a potential rocket ship. This also may in time put a huge dent to credit cards as everything is switching to mobile.