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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 diggin4alivingon Mar 27, 2017 2:19pm
223 Views
Post# 26036880

Valsef Responds to Appointment of New Director

Valsef Responds to Appointment of New Director

Valsef Capital Responds to Appointment of New Director to Board of Redknee Solutions


MONTREALMarch 27, 2017 /CNW Telbec/ - Valsef Capital and Valsef Trading (together "Valsef" or "we") welcome the addition ofKeith Graham as a director to the Board of Directors (the "Board") of Redknee Solutions Inc. ("Redknee"). Mr. Graham's independence and capital markets experience should address part of our concerns regarding Redknee's ability to meet investor expectations in terms of shareholder communication and practical independence on the part of the Board.

However, we continue to urge the Board and ESW Capital, LLC ("ESW") to replace Christy Jones and Farhan Thawar as director nominees to the Board. Their association with ESW and its related companies may create an apprehension of conflict of interest in the eyes of certain shareholders. Valsef intends to withhold its vote for the election of Christy Jones and Farhan Thawar.

 

SOURCE Valsef Capital  
 

For further information: Mohan Plakkot, Chief Strategist, Valsef Capital Inc., Email: mohan.plakkot@valsefcapital.com, Telephone:514-995-3346, 7405 Transcanadienne, Suite 100, St.Laurent, Quebec, H4T 1Z2

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