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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 Skateron Dec 22, 2022 10:48am
102 Views
Post# 35187050

RE:In real news....

RE:In real news....I would think that Hexo has one focus, and that is cashflow survival.  They don't care about stock price, delisting, shareholders in general.  They are going to draw on the equity line to the max possible, issue mas shares under the ATM (if possible), cut costs wherever and sell assets for whatever they can get (firesale).  The ship is still taking on water and going down and its all hands on deck.  Quinlash isn't worried because we have a better engine (sales) to ship size ratio compared to others out there.  That is nice, but completely irrelevant when you are sinking!!!!!!!


In real news....
Hexo is sitting at $1.035 USD - just .035 cents from the $1.00 Nasdaq requirement
The .30 cent requirement for KAOS money is one thing - but just go ahead and voluntarily delist - Hexo gets no benefit from it.
They need to accept reality - be content with growing a profitable Canadian cannabis lp. If they're succesful - worry about dominating the world then.
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