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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.


NYSE:PYN - Post by User

Pimco New York Municipal Income Fund III
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Comment by bigpocketsincon Jun 24, 2012 3:49pm
489 Views
Post# 20049407

RE: if such awesome product

RE: if such awesome product

TD your post confirms that there is a disconnect but it is not from the angel investor, Poynt is past the angel investor stage being that Poynt is pubic. I believe Brett Wilson from Dragons Den was an early angel investor in Poynt, I read a tweet the other day where he was asked if he was still invested and the reply was yes.

Public companies have to make public disclosures that private companies do not so the negatives are aired while private companies can tailor their disclosures to only include positive items or virtually no items at all. Public companies like Poynt are also directly and immediately subject to market sentiments, this is obviously good and bad. Good if there is traction and not so much when the opposite occurs.

Poynt currently resides on a Canadian exchange that is not likely to support the company very well until fruition is in sight on some of the many initiatives that Poynt has on the go and IMO that affect is magnified by the current conditions that are market wide, it's not just Poynt that has been driven down.

Poynt has spent hard building the future, a perfect example of this is the 7 million dollar loan to seed operations in China. This is a loan is due to flow back when revenues are generated so if things are good they will be really good as the loan being re-paid means there are also revenues that will flow as well.

There is still great promise of much sunnier days when they get to the next phase.

https://translate.google.ca/translate?hl=en&sl=zh-CN&tl=en&u=www.cnpoynt.com

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

Juniper Research Report on Global Mobile Commerce promiently contains Poynt see link : https://www.juniperresearch.com/reports/mobile_commerce_markets

Another Global Research Report Containing Poynt : https://www.berginsight.com/ReportPDF/ProductSheet/bi-lba-ps.pdf

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