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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 Keeleron Oct 30, 2021 9:57am
108 Views
Post# 34067625

RE:RE:is it just me

RE:RE:is it just meRotaluceps - (10/30/2021 9:30:06 AM)
RE:is it just me
vulcan123456789 wrote:
for something thats our to 2023.. and is highly solvable.. either through sales ...better financing.. or liquidation of some none producing assets.. none of which require delution.. i think it was inappropriate.. if not out of line for auditor to stress this issue. and in fact cause fridays panic.. jmho cheers
Yes it is just you and the other sect members. You have to be in a kind of sect to believe so much. 



So now Vulcan't thinks the solution is to sell the assets that Hexo overpaid for to get cash to pay what what they borrowed to buy the assets.
Just liek the $250 million they paid for Newstrike - and then sold the state of the art greenhouse for $10 million.
How much would they get for the $50 million in 48North? Maybe $5 million - because no-one wants a greenhouse and non-producing outdoor fields in Kirkland lake
How much for the $5 milion (USD) Colorado quonset in Fort Collins? Maybe $3 million? Not going to help much - especially without that roof replacement.
hmmm - Langley, nope that was leased.
Bellevue - nope, Hexo only owns 25% of the facility
Stellarton maybe, Atholville - mmmm, cannabis market isnt really looking for new LPs - wondering who would buy? ACB has a beuatiful brand new 100 acre greenhouse for sale in Medicine Hat - no offers there though.

Better financing? Are you just stupid - who's looking to give ANY financing - let alone favorable fiancning - to a near bankrupt Canadian cannabis LP?

Stressing the facts is EXACTLY what Price Waterhouse is required to do BY LAW you absolute moron.

You ahve ZERO credibilty and no nothing about such matters - better to keep quiet and quit making yourself look more stupid


 









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