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

Pimco New York Municipal Income Fund III

Bullboard Posts

Post by bigpocketsincon Jul 20, 2012 1:10pm

347 Views

Post# 20136040

Poynt CEO Interviewed

Poynt CEO says "We are continuing to operate, grow and develop. Nothing really has changed."

by Adam Zeis

on 20 Jul 2012 12:59 PM

1

Poynt BlackBerry PlayBook

Earlier this month, Poynt issued a press release stating that they had filed under the Bankruptcy and Insolvency Act. While it was easy to misread the release itself, many (CB included) understood the information to mean Poynt was filing for bankruptcy -- this thankfully isn't the case. Poynt is the same as it ever was and won't be disappearing any time soon.

Yesterday I had a chance to chat with Poynt CEO Andrew Osis and he was kind enough to fill me in and bring me up to speed on what's happening at Poynt.

First, the good news. Poynt isn't going anywwhere. The company had actually filed for creditor protection which -- as far as end users are concerned -- doesn't change anything. Poynt is still going as strong and Andrew assured me that "We are continuing to operate, grow and develop. Nothing really has changed." Poynt is currently available in nine countries on multiple platforms and adding over 20k users a day.

As far as BlackBerry 10 is concerned, Poynt will be there. It won't be just a straight port from the BlackBerry PlayBook version either. I was told they want to continue the great releationship with RIM and while a bit bummed about the delay, are still working to bring a custom point experience to BlackBerry 10 devices.

So all is well Poynt fans - you're favorite local search app is here to stay :-)

More information/Download Poynt

Poynt has aproximately 10 million invested in Operations in Asia, 7 million of which was a seed loan for Poynt China. Here is a write up about the break down that occured between INT and PYN over the loan last week :

Page 1 https://www.itbusiness.ca/it/client/en/Home/News.asp?id=68228&bSearch=True

Page 2 https://www.itbusiness.ca/it/client/en/Home/News.asp?id=68228&PageMem=2

Two different sites are up in support Poynt China :

https://cnpoynt.com

https://www.cnpoynt.com

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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