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 steve700on Jun 13, 2012 10:38am

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Post# 20008036

RE: Patent licensing

An update from Gladios in regards to the ongoing work being done would be great to here. With the large companies moving into the LBS space we need to show that we are a player here and not just another app.

These patents are golden, but need to be enforced, which i'm am sure wilan and gladios are working on. But it would be nice to hear how the process is going.

Poynt China is another feather in the hat for sure.

With all of the upper mngmt shuffle, i'm sure it will take a bit of time to get back into the groove.

Any ideas of Poynts next move as far as replacing the spaces? Or is the move to cut the overhead cost?

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