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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 INVINCEon Apr 29, 2020 10:19am
77 Views
Post# 30965924

RE:RE:RE:RE:SO AURORA DOING THE REVERSE-SPLIT.....SSA? - HEXO DANCE...

RE:RE:RE:RE:SO AURORA DOING THE REVERSE-SPLIT.....SSA? - HEXO DANCE...Perfect Day July 1 2020  CANADA DAY. THC beverages, barbecued spare ribs covered in HEXO Fireworks Sause

quinlash wrote: End of June, so July 1

The U.S. Securities and Exchange Commission initially rejected a proposal to waive certain ongoing listing requirements until the end of June that the NYSE, owned by Intercontinental Exchange Inc ICE.N, had filed on Friday as immediately effective, Farrell Kramer, a spokesman for the exchange said.
 
"We are committed to advocating on behalf of our issuers during these challenging economic times and continue speak with the SEC staff about this and other proposed rule changes," Kramer said.

Link to Article:
https://www.nasdaq.com/articles/nyse-in-talks-with-sec-to-ease-listing-rules-during-coronavirus-volatility-2020-04-06

(Release No. 34-88717; File No. SR-NYSE-2020-36)
https://www.sec.gov/rules/sro/nyse/2020/34-88717.pdf

Q


INVINCE wrote: Specifics. Do you know what exact day in JULY 2020 ?

quinlash wrote: NYSE stock exchange giving a break to companies trading under a dollar due to the virus.  That remains in place until July.  HEXO can be expected to release drinks (and likely edibles) here soon.  That will lift the SP. 

In June HEXO reports their QTR results which overlap the virus buying peak period nicely therefore I expect a nice (drastically understated BTW) surprise on next QTR report.  

I doubt very much the NYSE will be an issue come July.

Time will tell

Q

INVINCE wrote: So Hexo still trading under a dollar. This under dollar SP amount of HEXO Corporation adviously is lacking an insufficient amount according to NYSE Rules. How long before NYSE pulls the plug on HEXO Corporation? This stock price has to make a movement of increase can't just sit there under a dollar right. Law of gravity

BUT flip of the coin is HEXO Corporation doing what is call a SSA
< Sebastien Sneak Attack >

Impletmenting an upcoming so so type of NR making the SP reach $1.ish (or more?) amount then when the next quarterly results comes out with POSITIVE RESULTS. HEXO Corporation SP does the HEXO DANCE share price bounces dramatically. Also hovering in the air set to be released another NR yes TRUSS BEVERAGES ANNOUNCEMENT but this one really makes the stock price kick in.

We might look back at this day and remember we were sitting  under 0.79 cents on April 29 2020 and exhaled out a new HEXO BREATH OF FRESH AIR of how much the SP increased dramatically by June 15 2020

 

 

 




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