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Microcap & Penny Stocks : LML Payments Systems, Inc. (LMLP)

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To: Daniel Levin who wrote (16)6/12/1998 10:57:00 AM
From: Andrew G.  Read Replies (1) of 122
 
'Daniel: This agreement gives LMLAF's 'Check-writing Point of Sale System' the position to ultimately establish it as a standard.

What isn't clear is how much EFTNet stands to make out of this agreement. There is no doubt that their rule is crucial.But we need some numbers to work with. Whatever the case may be. LMLAF should be trading at several multiples of it's current valuation within a year from now. There is just no down side. They did it.

It's really amazing how a company, no matter how small, if it really has an awesome breakthrough product, can succeed if it goes through the right channels and executes it's business plan. This is going to be a story stock going forward.

'will add to my position. I'll call IR to see if I can get some ball-park figures on what this could mean for them.
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