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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 PaoloJron Nov 21, 2018 11:13am
232 Views
Post# 29004668

RE:Pretty Exciting if you ask me!!

RE:Pretty Exciting if you ask me!!
docbrown wrote: Someone got in touch with HEXO and this was their response (As posted in the weed stocks reddit forum)

"Regarding future dilution, here's the response I got when contacting Hexo's IR.

The shelf prospectus allows us to obtain more capital financing (not debt, but bonds) if we wanted to invest in or partner with another Fortune 500 company. Our goal is to become one of the top companies. consumer products. To do this, we must have access to capital. The initial impact is that this can potentially impact the value of the stock by adding more capital (common shareholders), which can dilute the stock price. On the other hand, in the long term this will allow more investors to acquire shares, which means that the price of our shares could increase. We have an extremely competent team and know that none of our decisions are taken lightly.

I will remain at your disposal if I can assist you with any other questions you may have."


Doc Brown
 




key word " IF"
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