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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. 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’s investment policies provide that the Fund 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 (except that the interest may be includable in taxable income for purposes of the federal alternative minimum tax). Its investment adviser is BlackRock Advisors, LLC.


NYSE:BFK - Post by User

Post by mrmomoon Feb 23, 2022 12:38pm
223 Views
Post# 34454301

How many times do i need to be right?

How many times do i need to be right?For you guys to GET IT? If any investor here wants to a complete understanding of this company & their current situation AND improve their chances to figure out what's really going on THEN do ASAP. Listen to the right people NOT the fools or deceivers.....

This ecompasses that your ignore anything folks like Whiplash, Turnnip77 & Keelover have to say on this board. Both Whiplash & Turnip77 have been completely wrong for years on the direction of this company and its stock. But they continue the pump to deceive or mislead investors despite facts to contrary. This is either complete idiocy, ignorance or suspicious behavior. In Whiplash defence though, i'll give him at least some credit, he did make ONE right call during his unfortunate teneur as forum pumper, calling out Keelover for being an obvious professional shorter. For this he was completely correct. But this now makes Keelover a dubious character with his associations with certain individuals. Anything coming from this perosn's mouth should be taken with a grain of salt and treated as being highly suspect.

With this forum in complete mess and many individuals posting dubious commentary for ulterior motives, who can you trust? For one, probably no one on this board really, but you could possibly take a chance on me. I think i've demonstrated enough in the last 4 years how accurate i can be. My last prediction below being fulfilled quite nicely i may add. Who else has been this accurate here......NO ONE!

"I fully expect this ongoing conflict to persist & Mr. Arviv to continue with his raging battle campaign of revolution & re-oganization of the company from top down until he's saitisfied with the outcome. I don't beleive he will stop until almost everyone involved with the original company is outsted and put his all own people in places of control & power. Will he achieve his goal? Odds are he probably will & will most likely do it with flying colours. Just the fact he wants to instill a majority Native American element in both mgmt & bod positions AND for them to gain a bigger ownership of the company will go a long way in achieving these lofty goals. Especially in this current political & social environment and where the philosophy of this current Gov't adminstration in office in Canada adamantly welcomes these types of initatives. In other words, Mr. Arviv has every possible element on his side and i just don't see how he could possibly fail. He did succeed in having the previous Ceo being removed quite easily, so boxed checked and on to the next set of dominos to fall. After all is said & done, Hexo will be a vastly different company when guys like Mr. Arviv & team are through with it."

If that's STILL not enough, which imo should be, maybe my next predictions will totally win you over. So with further adeu, this is what i predcit will happen next.

1) All resolutions at the company's meeting will be passed including the consolidation of share capital. Which i predict will be no less than 10 to 1. This RS will be quickly implemented to avoid further complications.

2) Between no and the March meeting shares will continue to be pressured downward close to atl levels. BEFORE the RS is implemented, share price will be sub 0.50.

3) The company will run out of money by the time the RS split is done. If not ALMOST already there soon. The only immediate option it has for any relief, is for the funds of about $120M in escrow for the note holders to be released. If some agreement COULD be reached between them & the company's mgmt, then it might save further dilution post split, if not, then things get really interesting....& slim for s/h.

For those of you still hesitating to sell, i urge you to rethink it and reconsider the alternative i've put forth to you in the post below. My intentions are sincere here, don't let the fools on this board mislead you.

https://stockhouse.com/companies/bullboard?symbol=t.hexo&postid=34449374

GLTA

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