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Reckon Ltd T.RKN


Primary Symbol: RKNLF

Reckon Limited is an Australia-based software company that provides software for accountants, bookkeepers, lawyers, small and medium enterprises (SMEs) and personal users. The Company’s divisions include Business Group and Legal Practice Management Group. Business Group provides accounting and payroll software for small to larger sized businesses and personal wealth management software branded as Reckon One, Reckon Mobile and Reckon Accounts Hosted (cloud products), Reckon Accounts Business and Reckon Accounts Personal respectively. The divisions operate predominantly in Australia and New Zealand. Legal Practice Management Group provides practice management software and workflow solutions to legal firms for document scanning and routing, print management and cost recovery solutions under the nQZebraworks brand, with a focus on releasing new cloud practice management products. It operates predominantly in the United States and United Kingdom, with re-sellers in other parts of the world.


OTCPK:RKNLF - Post by User

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Post by factRbeston Dec 09, 2016 11:08am
140 Views
Post# 25576201

Remember my post - Rights offering

Remember my post - Rights offeringTo pay off the debt.
Basically what they did but instead used our money (through dilution) to makes friends with the money.

With out terms I am going to say this is an end around to take over the company through majority vote created by mass dilution.
If in the USA lawsuits would be flying.

This is why I stayed away from the "easy money".
Once again the adage, 'The market always knows' prevails.



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