I've previously observed that Rakon's governance structure has never thrilled me. I lump it with Burger Fuel Group (previously Burger Fuel Worldwide - the one with the IPO tagged 'would you like shares with that') as companies where the governance and the hype never materialised.
There always seems to be a pot of gold on the other side of the rainbow - GPS for navigation equipment, hardened GPS crystal chips for drone weapons, mass adoption of smart phones, IoT and location tracking... these things happen but for various reasons, Rakon never quite achieves the hyped results and then shareholders never seem to get a reward for their patience and fortitude. The Robinsons got cheap capital for going public rather than debt but managed to hang onto control of their remuneration because of the governance structure.
For BFG, it was Australia (never got traction), Middle East (here for a good time not a long time) and the US (where there are more burger joints than I've had hot dinners) - which resulted in a founding shareholder buying out the last remaining outlet in Indianapolis and then defaulting on the purchase price after the store was shuttered and ending up effectively with a share forfeiture.