June 11 (Reuters) - LML Payment Systems Inc:
* Says will restate results for quarter ended December 31, 2009 - filing
* Says effect of restatement on financial position at the end of the restated
period is material
* Says an error was made in valuing its future tax assets as of December 31,
2009
* Says restatement adjusts its accounting for the income tax provision
((Bangalore Equities Newsroom; +91 80 4135 5800; within U.S. +1 646 223 8780))
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* Says will restate results for quarter ended December 31, 2009 - filing
* Says effect of restatement on financial position at the end of the restated
period is material
* Says an error was made in valuing its future tax assets as of December 31,
2009
* Says restatement adjusts its accounting for the income tax provision
((Bangalore Equities Newsroom; +91 80 4135 5800; within U.S. +1 646 223 8780))
(For more news, please click here) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.