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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

Comment by bigpocketsincon Jul 08, 2012 11:15pm
489 Views
Post# 20093503

RE: RE: RE: Question for bigpocketinc or board

RE: RE: RE: Question for bigpocketinc or board

Mr "C" not quite sure what prompted you to create an alias on stockhouse that is suddenly drawn to post frequently on the Poynt board with an obvious negative slant but the NR was issued to re-affirm share holders that Company see's that they do have options and that some have been presented. Could Poynt be in a stronger position, of course, one would have to be pretty thick to not understand that.

Poynt would be in a much different position if it were USA based and not yet public in structure. 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 but due to funding growth and bad timming for needing funds Poynt has been impacted far greater than probably any one expected.

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 keep flowing as well.

One thing I found interesting and is another sign of life for the patents is the revelation that under default INT has Poynt's IP recieveables stream assigned to them, add that to Gladios IP paying so far that we know of 512k and the patents look like they are expected to produce.

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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