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BLACKROCK Municipal Income TRUST V.BFK.P


Primary Symbol: BFK

BlackRock Municipal Income Trust (the Fund) is a diversified closed-end management investment company. The Fund's investment objective is to provide current income exempt from federal income taxes. Under normal market conditions, the Fund invests at least 80% of its managed assets in investments the income from which is exempt from federal income tax (except that the interest may be subject to the alternative minimum tax). The Fund may invest directly in securities or synthetically through the use of derivatives. The Fund's investment policies provide that it invests at least 80% of its total assets in investment grade quality municipal obligations issued by or on behalf of states, territories and possessions of the United States and their political subdivisions, agencies or instrumentalities, each of which pays interest that, in the opinion of bond counsel to the issuer, is excludable from gross income for federal income tax purposes. Its investment adviser is BlackRock Advisors, LLC.


NYSE:BFK - Post by User

Comment by quinlashon Feb 12, 2021 7:57pm
90 Views
Post# 32559897

RE:RE:RE:RE:RE:Warrants

RE:RE:RE:RE:RE:Warrants Hey Green,

I had a little chat with the broker regarding the lack of response to my last call a week or so ago.. they will be calling me back this time and commited to 2 business days on that.  To be clear, the broker is simply someone who processes orders and takes direction from trading instuctions, they do not set the rules nor will they comment on "if something is legally correct / binding etc".  My goal with the broker is to simply confirm if they are seeing the new conversion ratio appearing on the trading sheets for the warrants.

If you want to have the a discussion on the legalities of the concern you will need to consult with a Corp Lawyer and provide them with the notices, notes on what it is that makes you believe the move by the company was not justified etc then get their feedback.  You may (maybe not) be able to get some time with a lawyer for a brief dicussion at no cost however to take the matter further you will need to provide the lawyer some amount of compensation for the effort.

All the best

Q




Greenshooes wrote: The answer lies in Business Law imo. I think it’s 15-1 with aggregate @$15.79. I don’t think the aggregate of 63-1 applies to Tsx Canadian holders. Keep on that broker man To get a definite. If the reality is 63-1 and an aggregate $63. This investment blows bad ...sorry #greenshooes


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