Poynt Corp (PYN.V)

(Market Call Minute.) Just reported their earnings. Need cash and are looking to do a convertible debenture deal. Overall numbers of subscribers and use is dramatically increasing.

Holds patents on location-based mobile advertising. Expanding but unfortunately they are losing money. Expected breakeven in about 18 months but there are some new IPOs coming. Valuations are heating up in their space. Very speculative.

App that allows you to find a restaurant, movie theater. Interesting product. Big challenge is can they make any money. There are no analysts covering this company so there are no earnings estimates. Very speculative.

Application allowing you to use a cell phone to 1) access advertising and Yellow Pages and 2) purchase tickets. Have 2 million users. Have an application on Blackberry that has done quite well and are now rolling it out to the Apple iPhone. (Bob recently participated in some financing.) Very speculative.