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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 > HEXO Corp is not Bankrupt

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Comment by Keeleron Oct 12, 2022 1:14pm

55 Views

Post# 35019965

RE:RE:RE:HEXO Corp is not Bankrupt

What Hexo has in it's back pocket is a bunch of empty. idle, vacant square footage of production space - available for sale at pennies on the dollar.
Do you not udnersatnd that they bought 48% of Hexo at .40 cents a share? The otehr 52% will be at an even lower vaulation.

Burnt can't grasp that the reason Tilray got involved with Hexo is exactly because Hexo is near bankrupt. They defaulted on their loan to High Trail - and Tilray bought the debt AT A HUGE COST TO HEXO.

Tilray will acquire Hexo for that alone - theyw ant additional production area in preparation for U.S. legalization. Period.

There is nothing else that Tilray needs from Hexo.

quinlash - (10/12/2022 12:55:13 PM)

RE:RE:HEXO Corp is not Bankrupt