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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

Post by Quietinvestoron Apr 22, 2022 3:59pm
103 Views
Post# 34625000

HEXO - 35 DAYS TO ANNOUNCEMENT OF REVERSE SPLIT

HEXO - 35 DAYS TO ANNOUNCEMENT OF REVERSE SPLITFor all of the new investors here, HEXO is about 35 business days from its announcement of the details of the next reverse split in order to meet all of the process requiremnents of the NASDAQ.

Yes some will say that HEXO can ask the NASDAQ for an addiotional 180 days, true, but the stock cannot survive another 6 months at this stock price level. It needs new institutional investors and more funding, or dilution which can only come from a reverse split. 

DYODD
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