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Revision History For: LML Payments Systems, Inc. (LMLP)

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Return to LML Payments Systems, Inc. (LMLP)
 
I have found a microcap stock that may be of interest to some. It is a company that last week obtained the patent rights to paperless checking in check verification. A retailer can accept your check anywhere in the U.S. and by the next day the cash can be transferred from the checkwriter's account into the retailer's account.

The retailer no longer needs to bundle up hundreds or thousands of paper checks(add them up) and carry them down to the local bank and hope they do not bounce by the time they return to the checkwriters bank. This is cheaper, quicker , and makes checkwriting more acceptable no matter where you are in the U.S.

Leisureway marketing(LMLAF) just sells this idea to the check verification companies that are already out there doing business and just collects the royalties. There are not that many shares out there and the company should show tremendous earnings quickly.

The stock is only 1 5/8!