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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Comment by kevinNashon Dec 09, 2016 12:30pm

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Post# 25576891

RE:RE:RE:RE:RE:Explain

I understand preferred shares give them these previleges but it's the interpretation of their intent that I was asking about. I suppose I'm just questioning why Lucas would agree to that kind of deal if he thought he was going to get pushed out and Constellation was going to take Redknee private.

My impression was the preferred shares let them take control of the executive decisions so they could right this ship for everybody. If Lucas makes a stink they ditch him.

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Understanding different debt management strategies (good debt vs. bad debt)