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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 May 12, 2012 12:16pm
321 Views
Post# 19902484

RE: Gladios IP has now its own website

RE: Gladios IP has now its own website

Gladios IP is building a patent partnership empire and guess what they started with Poynt as the cornerstone portfolio, Poynt's IP was announced as Gladios IP/ Wi-LAN's very first collaboration.

“Like WiLAN, Poynt developed technologies that have helped make multi-billion dollar markets a reality,” said Jim Skippen, Chairman & CEO, WiLAN. “We are very excited to have the opportunity to do for Poynt’s shareholders what we have done for WiLAN’s - generate a significant return on their past investment in research and development.”

The above is solidified by the latest revelation that Gladios IP/ Wi-LAN with a 200 million dollar war chest has furnished Poynt with over half a million dollars to entice Poynt to license Gladios IP the right to represent Poynt's IP.

Other receivables include $511,893 related toone-time service fees earned from Gladios IP. These fees were earned as part of an exclusive licensing agreement whereby the Company granted a license for its patent portfolio to Gladios IP to further license to third parties or to litigate the patents. In exchange for the licensing agreement, the Company will continue to use the patents in the normal course of operations and share in the net revenue stream from the monetization of these patents.

I can't be sure but the verbiage above of " related to " and " as part of " kind of leaves it open that there could be more fee's due from the agreement if or when Poynt's IP grows in coverage and scope, Poynt has many applications underway. These applications if granted will add great value to Gladios IP's relationship with Poynt.

I would also like to point out the recent amendment to the financing, what was leveraged for Poynt to negotiate better terms for more money ? My thoughts are that there was a development that came to fruition prior to closing the first proposal and Poynt was able to bargain based on this development.

- 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

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

-Two links with analysis and targets to review herehttps://www.frasermackenzie.com/newresearch/POYNT/

- Opening report 1.15 target Poynt Corp. - Don't Worry?? Be Appy!

- Supplement to report 1.15 target 12-01-11 Don't worry Be appy Samsung

- Second supplement to report 1.15 target 12-15-11 https://www.byroncapitalmarkets.com/wp-content/uploads/2011/12/Poynt-Corp-Note-12-15-11.pdf

https://www.poynt.com/investors/presentations/

https://www.poynt.com/investors/news-releases/

https://www.poynt.com/wp-content/files/Poynt-AdKit.pdf

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

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