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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 Feb 25, 2017 9:12am
155 Views
Post# 25892895

Something to consider

Something to considerWhat do you own

First, definition of a preferred share
https://www.bmo.com/pdf/Understanding%20Preferred%20Shares_E_FINAL.pdf

Now we know that RKN printed 800,000 preferred and gave them to ESW

If you look at the insider trade report the value is listed as US $100.00 or approx 134.00 Canadian.
So that comes out to $107,000,000.00. Canadian
Now remember what a pref share is.

So what does the holder of the common shares own????

On a side not.
The insider trade records so the common shares also went to ESW they did not go to the digital security company.
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