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Re: None

Wednesday, 06/13/2007 11:54:32 AM

Wednesday, June 13, 2007 11:54:32 AM

Post# of 143047
Fees would be levied on each transaction using the system, representing a recurring monthly revenue stream anticipated to run into millions of dollars on an annualized basis.

Esprit CEO Garr Winters explains: "This type of project represents a significant initial investment from the private sector, with excellent long-term rewards. Upon deployment, there will be a Government guaranteed subscriber base, generating a recurring stream of revenue and account activity on a monthly basis. Much like a toll-road, employees/government departments will pay transaction fees each time funds are deposited or withdrawn using the online payroll system.