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 > REDECAN moves HEXO to cash positive is pure speculation!!

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Post by Quietinvestoron Feb 17, 2022 12:26pm

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Post# 34438469

REDECAN moves HEXO to cash positive is pure speculation!!

To use the comments of the CEO of HEXO to refute views that the company is in financial difficulty, is like stating that the comments of the previous CEO that HEXO would have income of 400$M a year, which proved to be a gross error, really did not matter.

CEOs have made comments regularly about the state of companies that have proven to be either knowingly not true, or based on too many variables not under their control. As a result, investors who based investing strategies on what a company says have lost millions.

Reminder Quinlash is a paid employee of HEXO. Beware.

GLTA

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