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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

BLACKROCK Municipal Income TRUST > HERE IS REDECAN ANNUAL PROFIT BEFORE TAXES
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Comment by Keeleron Sep 24, 2021 10:32pm
116 Views
Post# 33918511

RE:RE:RE:HERE IS REDECAN ANNUAL PROFIT BEFORE TAXES

RE:RE:RE:HERE IS REDECAN ANNUAL PROFIT BEFORE TAXESquinlash - (9/24/2021 7:11:09 PM)
RE:RE:HERE IS REDECAN ANNUAL PROFIT BEFORE TAXES
 
Redecan is profitable.. it has money in the bank... that money now belongs to HEXO....  so if they need cash.. they got a bunch when the Redecan deal closed.

Didn't realize that... ?   yup.. happens when one company buys out another.. all their assets move over.. including their bank accounts.



Poor old queerlash.
You need to take a bookeeping class - learn some basics like how to read a Balance Sheet, an Income Statement and a Cash Flow Statement. Then take a class on common sense.

Sure - Hexo gets the bank account, but why dont you understand something simple like the fact that they also inherit the debt?

Redecan had approx $8 million in cash and $13 million in receivables - but take a look at their Current Liabilities, they owe $133 million.

So - what Hexo inherits then is a net debt (just on short term) of over $100 million.

You're a fool, worse yet you're a liar with your misleading half truths. Guys like you are on a board like Hexo because pos companies like Hexo attract a cult like following of low intelligence muppets - who'll fall for the nonsense pumptards like you post. Trumptards 
 

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