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

To: Daniel Levin who wrote (24)	11/5/1998 6:53:00 PM
From: Dan P	Read Replies (1) \| Respond to of 122

I just became a shareholder and have spoken to IR in detail. They expect to have sales of $34 million ending fiscal march 1999, and earnings of about .50 per share. For 2000 (ending March) they are projecting about $100 (+) million in sales, and earnings of $2.50 a share. 10.3 million shares outstanding, and about 15 million shares fully diluted. Needless to say, these results would be outstanding, and command a multiple of 20+, if their projections come to pass. Regards Dan

To: Daniel Levin who wrote (24)	11/7/1998 8:10:00 AM
From: Dan P	Respond to of 122

There was an excellent release yesterday. I have the copy, but i have only the hard copy. I couldn't find it anywhere on the net, but I'll see if I can locate it. Regards Dan

To: Daniel Levin who wrote (24)	11/7/1998 8:16:00 AM
From: Dan P	Read Replies (1) \| Respond to of 122

Here is the release. I found it on Yahoo. OURCE: ChequeMARK ChequeMARK Enters Into an Agreement With the National Electronic Clearing House Association JACKSONVILLE, Fla., Nov. 6 /PRNewswire/ -- LML Payment Systems Inc. (the ''Company'') (Nasdaq: LMLAF - news) today announced that its subsidiary ChequeMARK Inc. has entered into a marketing rights agreement with the National Electronic Clearing House Association (NECHA), an association of businesses and merchants that transfer funds electronically through the Automated Clearing House Network (ACH). Based in Newport Beach, CA, NECHA provides a portfolio of products and services that enable member clients to process funds with greater efficiencies. With an association base of over 1,000 businesses and merchants, NECHA has a ready-made clientele which can immediately begin benefiting from ChequeMARK's patented point-of-sale electronic check processing system. NECHA, which prides itself on providing the most cost-effective methods of moving money for its clients, has affiliations who, in some cases, are projected to process in excess of $400,000,000 in checks during 1999. NECHA is a member of the National Automated Clearing House Association (NACHA) and, as an active member of the Electronic Check Council sponsored by NACHA, has been selected to test pilot electronic check truncation of U.S. utility companies' monthly remittance payments. Richard M. Cowan, President of NECHA, says: ''The ChequeMARK checkwriting point-of-sale system fits perfectly with the studies and pilot program we are currently conducting at NACHA on check truncation within the remittance processing environment.'' Mr. Cowan further states that: ''This is the most significant progress in the handling of checks that we have seen in decades.'' The Company owns U.S. Patent No. 5,484,988 with specific regard to a ''checkwriting point-of-sale system'' and operates the ChequeMARK System, a central database and authorization system administering various consumer payment services, collectively referred to as ''Electronic Checking''. SOURCE: ChequeMARK More Quotes and News: LML Payment Systems Inc (Nasdaq:LMLAF - news) Related News Categories: banking, internet, real estate Help