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 on 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 sethroon Feb 12, 2011 1:45pm

369 Views

Post# 18122904

RE: If Groupon is indeed...

Why waste the money on a patent if Poynt isn't going to protect the space? Groupon and Clip Mobile offer coupons to mobile devices based on GPS location. Poynt needs to get on these guys now not later. I honestly can't believe Poynt would spend the time and money getting the patent and then do nothing when others infringe on them.

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