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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

Post by Pivotcatalyston Feb 25, 2017 10:35am
361 Views
Post# 25893069

An entry from here

An entry from hereDanielle Royston was hired as a turn around specialist
share price is at $1 where will it be in 6-12 months 
It is impossible to post without disrespecting the fallout for current shareholders , and I have been there before , 

800,000 Series A Preferred Shares (the "Preferred Shares") of the Company and a warrant  (the "Warrant") to purchase 46,285,582  common shares in the capital  of the Company ("Common Shares") for an exercise price of US$1.2963 per Common Share for gross proceeds of US$83.2 million (the "Transaction") pursuant to the terms of a subscription agreement (the "Subscription Agreement") among the Company, ESW Capital and the Investor.
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