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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 locust1on Jan 19, 2018 3:54pm
131 Views
Post# 27397181

RE:RE:RE:RE:RE:RE:THCX a Scam? correct me if i am wrong

RE:RE:RE:RE:RE:RE:THCX a Scam? correct me if i am wrong First of all, if a company has no faith with their quality, they shouldn’t be in this or any food or pharmaceutical industry. The key question to ask is quantity. As long as THCX does not promise more volume than they can deliver, that should be fine. As for pricing, the MOU pricing will be aggressive since it is expected that oversupply will happen within two years and prices should drop. Look at the States that legalized cannabis. Their retail prices dropped by 40% after one year. I would expect THCX to sell wholesale at around $3-4 and possibly as low as $2.50 after a year of legalization. THCX currently produces at $0.89 cost and will likely go down to $0.50 after one year.
All the MOUs are only telling you the retail recreational value of the MOU or the volume on the MOU. They don’t tell you the wholesale price on the MOU. Again, let me remind you that THCX has the lowest production cost so far, and they’ll be extremely competitive and at the same time will have the best margins. Can other LP say the same? Or can they produce at a cost of less than $2 per gram even to make a decent profit? My guess is that most MOUs request wholesale price of around $3-4. Ask yourself those questions before you bash a company that you don’t know of. 
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