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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

Comment by factRbeston Apr 02, 2017 9:50am
239 Views
Post# 26064487

RE:RE:RE:RE:Down 8% here at $1.11

RE:RE:RE:RE:Down 8% here at $1.11-(4/1/2017 1:12:48 PM)
RE:RE:RE:Down 8% here at $1.11
It's far more than a record keeping system, and integrating a rating engine and billing system into a cellular network with millions of transactions matched up to millions of subscribers per second in real time is not trivial. R&D is requried to keep them ahead of the competition...they need new products and innovations.

As for the brains of the company being gone, I have seen nothing to indicate this. Lucas and Vishal have been removed from the technical details of their products for years. As long as they take care of the best developers they have, they'll be fine in that regard.
===============================================================

I am not saying it is or is not. What it is is an uncertainty.

Everyone saw what happened to Apple when they got rid of Jobs who had left development long ago.
It is not about developing products it is the vision one has for the products.

Like Lucas was not a businessman a businessman will never be an innovator.


https://stripe.com/about
This company has jst been valued in the billions with a round a funding.

Good luck getting us to hand over another 60 million with those perfs in the way.


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