Replies to post #234 on Actinium Pharmaceuticals Inc (ATNM)

[conix]

Pretty Impressive investor for ATNM


The key here is the individual who led the financing, billionaire Dr. Phillip Frost.


Dr. Frost is well known in the cancer R&D space and there is no lack of media/press about him due to his (very) strong track record in biotech/pharma investments. Mad Money's Jim Cramer is quoted calling him the "Warren Buffet of biotech". Jim Cramer (Mad Money CNBC) article: http://www.thestreet.com/story/13104958/1/opko-health-shares-could-have-more-upside-after-huge-first-quarter-run.html


Today Opko Health agreed to buy Bio-Reference Laboratories for $1.47 billion in OPK stock. Frost is CEO and Chairman of OPK. I can only speculate on whether or not he has any future plans in regard to ATNM.


Good piece about Dr. Frost http://www.trefis.com/stock/teva/articles/144709/an-analysis-of-the-investment-success-of-dr-phillip-frost/2012-09-21



Actinium Announces $5 Million Registered Direct Offering of Common Stock

Excerpt from today's press release: "Under the terms of the subscription agreements, the Company will issue an aggregate of 1,923,078 shares of the Company's common stock at a purchase price of $2.60 per share. The offering is expected to close on or about June 10, 2015, subject to the satisfaction of customary closing conditions. This financing was led by investor Dr. Phillip Frost."

Full PR: http://finance.yahoo.com/news/actinium-announces-5-million-registered-183525790.html