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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 > Another insider blowing out shares
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Comment by palekaikoon Mar 07, 2017 6:32pm
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Post# 25947337

RE:RE:RE:RE:RE:RE:Another insider blowing out shares

RE:RE:RE:RE:RE:RE:Another insider blowing out sharesWow....really? Vishal Kothari. One of the original four founders, of which I believe only Lucas and Vishal are left. If he's selling at $1, after having ridden this ride since the VERY beginning...that's another confusing event.

I go back to my earlier comment...if you were one of the key people who built RKN from the ground up (Lucas, Vishal, even Thexton was there from the first moment they created a Board), and someone came in and literally stole it out from under you for a song, maybe you can't stomach sticking around to watch. If Lucas is washing his hands of the entire thing, it's a good bet that Vishal is too. I just hope they're doing it for emotional reasons and not because they know something sinister this way comes....

I keep thinking about what Jonathan said a week or two ago about the potential for a reverse split and the stock not being worth a buy until it drops to .40
Seems extreme, but then I never would have expected to see Lucas and Vishal selling shares either.
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