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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Comment by quebec4everon Jan 07, 2021 7:33pm

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Post# 32250718

RE:RE:RE:RE:Really

quinlash wrote:

quebec4ever wrote:

quinlash wrote: Anyone who has done a bit of research on management already know how much the board members get paid but did you know the CEO of HEXO reduced his compensation to Quebec's Minmum wage while C-19 was at it's high and the company's shareprice was at it's lowest ?

You may want to do a search of other Canadian LP's to see which other CEO's decided to go to getting paid $10 bucks or so an hour (whatever QC pays for min wage)

Here's a link to an article that outlines a bit more on his wage. If you would like the same level of compensation you can figure out how to kick off a multi-national Cannabis producer, figure out how to attract Fortune 500 companies like Molson-Coors and then beat out Canopy Growth on drinks sales....

Eazzy--peasy right ? Should only justify min wages... *lol*

Here's the link to more information
https://mjbizdaily.com/ceo-compensation-at-marijuana-producer-hexo-rises-to-ca11-million/

Taken From Article:

CEO Sebastien St. Louis’ compensation rose 26% to CA$11.2 million in 2020, even though his salary was “voluntarily reduced” to Quebec’s minimum wage for three pay periods in the second quarter, according to the filing.

Smokescreen wrote: Total compensation for the top executives at struggling marijuana producer Hexo Corp. grew almost 20% year-over-year to 14.4 million Canadian dollars ($11.1 million) in fiscal 2020, led by the companys CEO, according to a financial disclosure filed with the U.S. Securities and Exchange Commission last month.

lollll that s the best joke i ever heard.....yeh so what he can live the rest of his life
with 0 salary and have millions left over ,come on Q now that was ridiculous to say the least...sorry but let s be honest to ourselves and others.
Now your the one who makes me wonder;)
we work all our lives and will not make a million dollars before taxes ,excuse me but
now i m more than not happy...umm lets see if i could find the word...#$%##$%#!
Anybody want to object and correct me please go ahead !

Q4E,

With great risk comes great reward (or failure) and there are few and far between folks out there that would do what the CEO has done.

He scrapped together his initial investment from every source he could, including his mother-in-law, and started the business. He went abroad and formed a partnership in Greece, secured the medical supply agreement with Israel and two Joint Ventures with Molson-Coors. Honestly, do you think the average-joe who does none of that will ever have a hope in hell of making millions by going to work everyday while earning a fixed or hourly pay-check ?

If these guys didn't have the hope / expectation of being successful and making the big bucks then they would never form the companies that put everyone else to work.

We may not have the possibility of raising enough money and pulling in the experts to form a successful cannabis LP however we do have the option of puttng a few dollars into the shares and profiting a little from the success that the team of HEXO is carving out in the Cannabis sector.

The markets are a rough ride, if you can't handle it, get out and stay away, otherwise have a plan and some patience.

Q

Of course i know all that wasn t born yesterday . Success is mesured in different ways for different people ......so far its only a daytraders dream stock ......But such compensation before
we become profitable and make shareholder value interesting is not a standard in ways of
doing things .Q you havn t been through what i been through with HEXO ......i won t say HELL
but not far from it if it exists.
So all that has been built so far is worth Millions in compensation and salary??... no way !!

,why did they have to mention such a thing????
who cares?? Should we all feel sorry?iIts quite insulting if you ask me!!!!!!!
If they said no salary for 1 year ok but this is of no value to shareholders !!!
CEO Sebastien St. Louis’ compensation rose 26% to CA$11.2 million in 2020, even though his salary was “voluntarily reduced” to Quebec’s minimum wage for three pay periods in the second quarter, according to the filing

I read if someone wears Yellow glasses everthing becomes much more positive and wonderful
some people might need to take them off because the real world is very very different.