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Microcap & Penny Stocks : LML Payments Systems, Inc. (LMLP) -- Ignore unavailable to you. Want to Upgrade?


To: Thomas Kirwin who wrote (117)5/15/2010 3:39:29 PM
From: Thomas Kirwin  Respond to of 122
 
Yahoo! Message Board Repost - Patent Info & Valuation

From: Onecrystaltrip

Re: Up from here.... 14-May-10 08:59 pm

It was reissued in the spring of 2008 and it expires in the spring of 2013. LML is looking to recover damages on 5 billion transactions per year over the 5 years left or on a total of 25 billion'ish transactions over the life. If you times 25 billion by .01 to .03 cents a piece their looking at $250 to $700 million in settlements!