Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

MFS Municipal Income Trust V.MFM


Primary Symbol: MFM

MFS Municipal Income Trust (fund) is a diversified closed-end management investment company. Its investment objective is to seek high current income exempt from federal income tax but may also consider capital appreciation. It invests, under normal market conditions, approximately 80% of its net assets, including assets attributable to preferred shares and borrowings for investment purposes, in municipal bonds. These municipal bonds include debt securities issued by or on behalf of states, territories, possessions of the United States, District of Columbia, and their political subdivisions, agencies, or instrumentalities. The Fund invests in various sectors, such as hospitals, secondary schools, colleges, schools, and water and sewer utility. It has investments in areas, including Alabama, Alaska, Arizona, Arkansas, California, Colorado, Delaware, Florida, Georgia, Guam, Hawaii, Idaho, and Illinois. Massachusetts Financial Services Company is the investment adviser of the Fund.


NYSE:MFM - Post by User

Bullboard Posts
Post by 2investorknoton Aug 30, 2015 12:40pm
109 Views
Post# 24063342

Sedar Filing - another Zero on the books

Sedar Filing - another Zero on the books
See the latest Sedar filings.... though the Highlights for the past 6 months will pretty much sum up what they have accomplished--

HIGHLIGHTS FOR THE SIX MONTHS ENDED JUNE 30, 2015

Exploration
  • No exploration activities occurred during the period.

Acquisitions, Sales and Joint Ventures
  • No acquisitions, sales or joint venture agreements were formalized during the period

Financings and Other

  • On June 29, 2015 the Company granted 4,300,000 incentive stock options to directors, officers and consultants of the Company. The stock options are exercisable at a price of $0.05 and expire on June 28, 2020
  • On May 1, 2015 the Company completed a non-brokered private placement for gross proceeds of $60,750.
  • On April 2, 2015 William Schara, a long time Board Member, resigned from the Board of Directors, and Michael Sweatman joined the board. Mr. Sweatman will replace Mr. Schara on the Company’s audit committee. Marifil would like to thank Mr. Schara for his many years of assistance and guidance.
That is it folks.  Quite a list of accomplisments. 

As you may read, Marifil has reduced its expenditures (pg. 15) but is basically running on fumes at this point.  Can't see to attract any jv partners or sell any of their properties.... 

We are now going into September with nothing accomplished.  What a shame for all
Bullboard Posts