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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 Keeleron Nov 21, 2021 8:22am
135 Views
Post# 34150360

RE:SSL no longer has any ties to this company, that's bad.

RE:SSL no longer has any ties to this company, that's bad.The information I see on Waterhouse shows SSL has holdings as follows:

Direct Ownership:
Common Shares                   4,875
Options                          9,397,293

Indirect Ownership:
Common Shares            1,583,008
Warrants                           399,063

So - not sure what the options were granted at - so, whether or not he excercies his options or how many is unknown. The last 900,000 options granted on Nov 1 were at $1.86, but the accumulation would go back over years.
But if I were SSL and totally ticked at HExo - and given that he's an idiot, he'd do what he could to hurt the company regardless of personal lss. He doesnt need the money.








Rarbar99 - (11/21/2021 12:11:03 AM)
SSL no longer has any ties to this company, that's bad.
SSL no longer has any business ties to Hexo, which means he has no incentives to hang onto his shares. But If SSL sells a single share, this stock will tank even further the same way FaceDrive did when it's former ceo sold his shares.. You better be nice to SSL. There are a million ways Hexo can die and only a few ways it can recover. Do you favor your odds?
 

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