Company Summary: Privacy and Value Inc.

Overview

• Incorporation Date: April 21, 2021, Wyoming
• Business Focus: Development of employee monitoring software called "Privacy and Value"
• Core Objective: Create software that balances employer monitoring needs with employee privacy concerns, especially in remote work environments.

Product Details

• Product Name: Privacy and Value Employee Monitoring Software
• Features:
  • Monitors employee activity only during logged-in sessions.
  • Captures real-time screenshots of desktops and logs keystrokes while active.
  • Records and timestamps all activity, storing data for management review.
  • Calculates total login time, periods of inactivity, and employee breaks.
  • Provides graphical and tabular comparisons of employee efficiency based on keystrokes and login duration.

Development and Ownership

• Development Status: Currently in development; owned 100% after termination of prior joint venture agreement.
• Joint Venture: Initially had a 50% interest in the software through an agreement with Cyber Apps World, Inc., which was terminated on May 1, 2023.
• Ownership: The company owns all rights to the Privacy and Value software.

Market and Competition

• Competes with established firms such as ActivTrak, Time Doctor, Teramind, Veriato Cerebral, and Hubstaff.
• Differentiation: Focus on employee privacy protection in remote and outsourced work settings.

Financials

• Employees: No employees; operations conducted via independent contractors.
• Revenue: No revenue reported.
• Net Loss (FY 2024): $14,563
• Total Assets (as of July 31, 2024): $156,728 (mainly fixed assets and software development costs)
• Liabilities: $414,107 (primarily accounts payable and accrued liabilities)
• Stockholders’ Equity (as of July 31, 2024): -$257,379

Financial Condition

• The company has not achieved profitability and is dependent on raising additional financing.
• There is substantial doubt about continued operations as a going concern.
• Primarily financed through sale of common stock; no current revenue-generating activities.

Regulatory and Legal

• Subject to US laws regarding employee surveillance, data privacy, and cybersecurity.
• Software development sensitive to regulations like GDPR, CCPA, SHIELD Act, and surveillance laws.
• No ongoing legal proceedings or material regulatory issues reported.

Summary

Privacy and Value Inc. is a Wyoming-incorporated development-stage company creating employee monitoring software that emphasizes balancing productivity tracking with employee privacy. It currently has no revenue, no employees, and faces financial and operational challenges, relying on future financing to continue development.