Actinium Pharmaceuticals Inc (ATNM)

[apollo1452]

As I have mentioned B4 funding events are not always negative. The positive deal that CEO Seth cut with Lincoln Park Capital is absolutely bullish.

Read the 8-K. The Purchase Agreement is for total of $32.5M. However, ATNM is only drawing initially $2.5M. The remaining $30M will only be tapped if needed, probably after data is released, for minimum of $0.74 or higher per share. LPC agreed to a floor of $0.74 per share but if share price rises they will pay the higher price.

Also, LPC agreed to No Short Selling of ATNM stock. Essentially, LPC has gone "Long ATNM".

Give Seth credit, he out maneuvered the short sellers. Short Interest up 531k to 4.3M last report with shorters betting on huge pps drop with financing. LMAO, look at the ATNM chart, you can't tell that we just went thru a "dilution event" particularly after rising 5% today. How impressive is that?