Reckon Ltd T.RKN

Primary Symbol: RKNLF

Technology Software - Application

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.

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Reckon Ltd > Explain

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Comment by factRbeston Dec 09, 2016 12:24pm

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Post# 25576845

RE:RE:RE:RE:Explain

kevinNash - (12/9/2016 11:56:03 AM)
RE:RE:RE:Explain

Sorry, I was under the impression you were suggesting that this will eventually go completely private. You actually think the common shares will double with the warrants being exercised?
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Yes that is what I said and meant.

They are creating a share structure that will basically let them do what they want.

Really the holders of preferred get a seat on the board.
They already get first dibs on the company and now they also get a say.

You do know pref holders get paid first over common.

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