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.

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BLACKROCK Municipal Income TRUST > A bit disappointed that SSL...

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Comment by INVINCEon Jun 18, 2020 7:42pm

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Post# 31167271

RE:RE:A bit disappointed that SSL...

Soon enough Q your in for a big surprise

quinlash wrote: "mis-lead" is a big claim. In HEXO's 2020 Q2 Transcript you can see SSL state that the company would be looking to raise as much as $150 Million during the QTR and their basic needs being much less than that. His "Wish List" was made up of $150 Million. HEXO raised much of that so the CEO has funding to address virtually everything on his "wish list".

The recent sale of the old NewStrike Facility and the ATM offering provides HEXO even more working capitial with HEXO noting in one NR that funds may be used for "Future Acquistions".

I do not see SSL having mislead investors. I see that he stated potential max amounts for capitial he would like to raise and then raising much of it. Where is the misleading statement ?

Q

Link to HEXO QTR Transcripts
https://ca.wallmine.com/nyse/hexo/transcripts

Spectra7 wrote:
mis-lead the faithful on the earnings call ...but nothing has really changed at this point...still a great play to day trade and short...and it will continue to be until the bank a/c is backfilled and the R/S is concluded. JMHO, but it looks like SSL is going to run the share count up until the end of November, then do the Aurora two step...all the while collecting his piece. Tick,tick,tick Sebastian. Seen this play many times . Cheers S7