Reckon Ltd T.RKN

Rights Offering - Strategic Plan - Shareholders PARTICIPATE

[a1broker1]

This is exactly what minority shareholders, including big player Invesco, need to participate in the future success of RKN.  The rights offering at $0.50 USD (about $0.66 CDN) allows us minority shareholders to average down at a considerable discount to historic prices, basically buy shares at an all time low.  Certainly, this is far superior to ESW or its affiliates raising the money on their own further diluting existing shareholders.  This is the opportunity we have been waiting for.  In fact, the price depression we have seen lately is beneficial to us, as we are the buyers by exercising the rights at such a low price.  Of course, this is only of value to those shareholders who exercise the rights, as ESW will take up any rights not exercised further strengthening its control of the company.  Again, once the details and regulatory approvals are achieved, ALL SHAREHOLDERS MUST EXERCISE THEIR SHARE PURCHASES VIA THE RIGHTS OFFERING.  This is probably the first bit of good news for minority shareholders in a long time.  ESW may appear to be corporate raiders, but they are stocking the company with proven successful experienced personnel and affiliations to ensure the future success of RKN.  And, they are actually now providing an avenue for exisiting minority shareholders to participate at an attractive price.