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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

Post by BG20on Aug 30, 2012 8:54am
412 Views
Post# 20278276

Outlook from Q2 MD&A (page 28)

Outlook from Q2 MD&A (page 28)

Outlook

As Poynt Corp. addresses all of its creditor obligations in the second half of 2012, the Company

will focus on several key initiatives that will ultimately maximize shareholder value and increase

revenue. Continued product innovation not only attracts new users but aids in the retention of

the current Poynt user base. The August release of the new Android version of the app offers

users an enriched search experience on a rapidly growing smartphone platform, while

upcoming new features and operational improvements to Poynt on the iOS platform will greatly

enhance usage and retention. In order to drive an increase in revenues, the Company is

exploring new monetization strategies, including the optimization of advertising sales through

new and existing partners.

The timesPoynt product represents an opportunity to reach millions of smartphone users in one of

the fastest growing smartphone markets in the world (second behind only China). While the first

half of 2012 was dedicated to driving product awareness and understanding the monetization

objectives of the timesPoynt platform, the second half of the year will be devouted to

implementing those monetization strategies. The initial focus will include advertising within the

platform, and a marketing push on a much larger scale than ever before.

An initial version of the Poynt China application for Android devices, made by China Youth

Poynt Limited, continues to impress and attract new users in China – the fastest growing app

marketplace in the world. As of August 29, 2012, the application has been downloaded to over

1,000,000 devices. The Poynt China platform includes local search features similar to the Poynt

local search platform, social networking functionality and news. Through the second half of

2012, China Youth Poynt Limited will be developing launch and monetization plans for the full,

paid version of the Poynt China platform, with an estimated 20 million new users expected by

the end of 2012.

The Company continues to work on signing new preload agreements with additional carriers in

the U.S., Western Europe, and Asia. To support the continued preload efforts and support overall

user base growth of the Poynt platform, the Company will continue to deliver highly targeted

marketing campaigns designed to increase user acquisition, user retention and overall brand

awareness.

Poynt Corp. and Gladios IP will continue to aggressively work towards the licensing and

monetization of the Company’s patent portfolio during the remainder of 2012 and into 2013.

Poynt Corp. and Gladios IP are jointly working to secure additional patents that we believe will

expand the value of the existing patent portfolio. We are currently evaluating conversations with

certain key companies and are discussing opportunites and timelines with regard to the IP.

As of August 29, 2012, the total number of unique users of Poynt was in excess of 17.4 million.

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