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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.


OTCPK:RKNLF - Post by User

Reckon Ltd > Actually
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Comment by factRbeston Mar 01, 2017 3:28pm
149 Views
Post# 25914412

RE:RE:RE:RE:RE:RE:RE:RE:RE:Actually

RE:RE:RE:RE:RE:RE:RE:RE:RE:Actually MatWei - (3/1/2017 2:45:56 PM)
RE:RE:RE:RE:RE:RE:RE:RE:Actually
When I referred to ESW not being able to vote on change of control transactions, I was probably using them in a general sense.  I'm very sure (though would have to read it again) that the investor / owner  cannot vote on change of control.  Splitting hairs is indeed what lawyers do, but if the commercial principle here is valid and clearly understood, my own working experience is that the language is tight around it, and that furthermore, if taken to dispute, courts will side with the commercial principle. 
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Well I watched and warned of such an example.
Mining company in Quebec - name slips me (chinese involvment)
The larger partnered company immediately after coming on board issued a board load of shares and diluted the previous owners into almost nothing.
Immediately went to court and the junior settled on a takeover as they had no money.


So who fights ESW if they do anything questionable.

As I have said many times, there are too many uncertainties here.

Every questions brings two more.

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