Pimco New York Municipal Income Fund III V.PYN

Primary Symbol: PYN

PIMCO New York Municipal Income Fund III (the Fund) is a non-diversified closed-end management investment company. The Fund's primary investment objective is to seek to provide current income exempt from federal and California income tax. Under normal circumstances, the Fund invests at least 90% of its net assets in municipal bonds which pay interest that is exempt from regular federal, New York State and New York City income. The Fund may invest up to 20% of its total assets in investments the interest from which is subject to the federal alternative minimum tax. The Fund also invests at least 80% of its net assets in municipal bonds that at the time of investment are investment grade quality. Pacific Investment Management Company LLC (PIMCO) serves as the Fund's investment manager.

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Pimco New York Municipal Income Fund III

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Comment by bigpocketsincon Apr 21, 2012 12:12pm

580 Views

Post# 19819886

RE: RE: RE: RE: RE: Question

CabbieJBJ I agree patience is needed but there are many catalysts that could propel Poynt within a diffrerent timeline than you are projecting. Keep in mind as growth happens things will scale more quickly so while I think Poynt will move considerably and earlier than 9 - 12 months I don't see the growth ending as traction is gained, traction will lead to more awareness and further growth. So I will disagree with but further extend your timeline if that makes any sense !

I believe Poynt is setting up for long term global operations and will grow in value long term along with the mobile industry.

What could be clues for some earlier movement :

- Mobile becoming more of a focus for the giants

- Very favorable peer valuations

- China it was originally said to be August for 20 million subscription based users on board.

https://www.gpsbusinessnews.com/Local-Search-Provider-Poynt-Creates-Chinese-JV_a3468.html

The China JV has been in the works long before we officially heard about it there is some foreshadowing in the Socius PP NR way back in April of 2011 "This offering, and in particular, the strategic investment by Socius provides Poynt with the resources to accelerate our business plan," said Andrew Osis, CEO, Poynt Corp. "Socius provides access to certain relationships that will further expand our geographic footprint, as well as provide access to business and financial relationships." Also I believe there was a Chinese patent aplication made in 2006 . May it take longer to launch you bet it could but there are indications it may be earlier than most recently stated.

- Poynt has 7 million in seed money lent to the Poynt JV with CYL

https://www.marketwire.com/press-release/poynt-corporation-announces-asian-expansion-with-formation-joint-venture-with-peoples-tsx-venture-pyn-1618640.htm

- Poynt is set to repay the INT loan in June how ( loan matures June 29th and it's almost May ) ?

https://www.marketwire.com/press-release/poynt-corporation-and-intertainment-media-inc-initiate-a-joint-venture-tsx-venture-pyn-1632499.htm

- Poynt's NADAQ listing has been hinted to be around early summer

- Talk that patent activity might be seen around an early summer time line

- Facebook IPO early summer ?

- India/ times Poynt monetization to begin mid 2012 or so

- Poynt adding mobile payments

- Poynt adding social media and more

- Poynt's USA mobile search ownership https://www.stockhouse.com/Bullboards/MessageDetail.aspx?p=0&m=30949637&l=0&r=0&s=PYN&t=LIST

- China JV https://www.stockhouse.com/Bullboards/MessageDetail.aspx?s=PYN&t=LIST&m=30953796&l=0&pd=0&r=0