Eloxx Pharmaceuticals Inc (ELOX): BILLIONAIRE DR. FROST INVESTS IN SEVION...

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Thursday, 05/07/2015 7:46:17 AM

Thursday, May 07, 2015 7:46:17 AM

BILLIONAIRE DR. FROST INVESTS IN SEVION
Dr. Phillip Frost and Steve Rubin's OPKO HEALTH (OPK) are now investors in SVON with warrants at $1.50 per share! SEC Form 8K filed this morning.

"The net offering proceeds to the Company are expected to be approximately $1,512,226." (That's 10% of the current market cap of SVON by the way.)

"On May 6, 2015, OPKO Health, Inc. (“OPKO”), a multi-national biopharmaceutical and diagnostics company, agreed to participate in the Offering. Dr. Phillip Frost and Steve Rubin, who are members of the Company’s Board of Directors, are the Chief Executive Officer and Chairman and Executive Vice President-Administration of OPKO, respectively."

Read more:
http://www.sec.gov/Archives/edgar/data/1035354/000114420415028099/v409746_8k.htm

BOOM BOOM go Sevion Therapeutics, time to rock n roll, this stock will have a ton of action going forward now that Opko is involved. Check the chart of COCP (+200%) to see what Dr. Frost can do with small market cap stocks like SVON.