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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

Comment by factRbeston Feb 24, 2017 12:40pm
197 Views
Post# 25889881

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:whats up

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:whats upPivotcatalyst - (2/24/2017 10:39:42 AM)
RE:RE:RE:RE:RE:RE:RE:RE:RE:whats up
do you see the new plan succeeding or n your view will it just be a prolonged death spiral
=============================================
If that question was to me; I have no idea.

There wasn't much information. When RKN came on the sceen they were filling a void. This is completely different and have no idea what it is.
More importantly as I have said it before. With the addition of the preferred shares how can anyone know what the commons are worth.
We all know the prefs get all cash on aliquidation before the commons get a penny so by the book the shares have no value.

I tried to point all this out before and the fact that there was no detail of what WE owned going forward.
I think this sell off is due to uncertainty which was magnified multiple times by Lucas bailing.
Think about it. A guy on the inside thought the prudent choice was run and don't look back.
Money always trumps love and hate.

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