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Second Sight Medical Products Inc (EYES)

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Last Post: 11/6/2018 1:00:34 PM - Followers: 43 - Board type: Free - Posts Today: 0


Second Sight Medical Products Inc., will begin trading tomorrow after an initial public offering

that may value the business at more than $300 million. (Ticker symbol: EYES.)

The company’s eye implant is currently limited to patients who still have a functioning optic nerve.
The next stage is to connect the implant directly to the surface of the brain, a treatment that would target all forms of blindness, said Chief Executive Officer Robert Greenberg.
Second Sight, based in the Los Angeles neighborhood of Sylmar, plans to raise more than $30 million
in its offering, selling 3.5 million shares for $9 each. Mann, who will be chairman, will own 32 percent of the shares, according to company filings.

Second Sight

Mann founded Second Sight in 1998. The company got U.S. approval last year for the first implantable

visual prosthetic approved to treat retinitis pigmentosa, a hereditary disease in which patients experience
a progressive degeneration of the light-sensitive cells of the retina.

The device, called Argus II, is placed on the surface of the retina. It converts video images into electrical pulses
 that stimulate the remaining viable cells, restoring some vision. It’s now been implanted in about 90 patients
around the world, said CEO Greenberg, and is in trials to expand its use.

“We had spent years in animal trials with failure after failure, and it looked like, perhaps,
we could never get it to work,” Greenberg said in a telephone interview, talking about development of the Argus II.
Mann “said the problem we’re facing is a technical one, a mechanical engineering problem,
it’s solvable. He would say, ‘Go back and figure it out! Make it work!’”


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EYES News: Quarterly Report (10-q) 11/08/2018 06:15:04 AM
EYES News: Current Report Filing (8-k) 11/07/2018 04:16:45 PM
EYES News: Second Sight Reports Third Quarter 2018 Financial Results 11/07/2018 04:01:00 PM
EYES News: Current Report Filing (8-k) 11/06/2018 05:29:59 PM
EYES News: Second Sight Announces Final 2019 Medicare Hospital Outpatient Payment Rate for the Argus II Retinal Prosthesis System 11/06/2018 04:01:00 PM
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#563   Hopefully.... We will get an indication as to when Big Barnie 11/06/18 01:00:34 PM
#562   I get what you are saying. It zitry 11/05/18 11:32:22 PM
#561   That's a good insight into 'how' this company x1power 11/05/18 10:53:42 AM
#560   You certainly could be correct. The profound nature zitry 11/05/18 10:11:20 AM
#559   I suspect we are years from having Orion x1power 11/03/18 01:13:36 PM
#558   EYES certainly could fund the company using other zitry 11/02/18 12:37:07 PM
#557   I agree earnings report is non event next week Big Barnie 11/02/18 10:41:11 AM
#556   It just shows news is not imminent Big Barnie 11/02/18 10:33:57 AM
#555   I expect near term financials to be lackluster. zitry 11/01/18 02:14:09 PM
#554   We can agree to disagree. There are a zitry 11/01/18 01:52:35 PM
#553   While I believe EYES is a good risk Big Barnie 10/25/18 08:05:43 PM
#552   Yea, he owns close to 50% of the zitry 10/25/18 01:30:35 PM
#551   Did you notice Williams funded EYES $4M - Big Barnie 10/23/18 07:32:11 PM
#550   I'm doing the same. The market has been zitry 10/20/18 02:11:42 PM
#549   thx for the info. Listened to podcast. Certainly Big Barnie 10/19/18 01:31:41 PM
#548   This podcast says a little. http://www.retinapodcast.com/episodes/2018/10/14/a5k59az8l5bvv33m9575vkw zitry 10/19/18 11:02:46 AM
#547   Anyone have any guess when we might get Big Barnie 10/17/18 02:31:10 PM
#546   You got "stock options" right? You get paid zitry 10/16/18 11:06:45 PM
#545   Damn straight. Desperate for a true breakthrough zitry 10/16/18 10:57:22 PM
#544   Agreed, this could be a real sleeping giant jagmanjoe 10/16/18 09:48:38 AM
#543   I have suggested going private as well. Williams Big Barnie 10/16/18 09:25:52 AM
#542   Any chance that Williams is quietly trying to jagmanjoe 10/15/18 11:44:01 PM
#541   Well EYES has retraced. Big Barnie 10/15/18 09:51:11 AM
#540   very interesting that while Gregg Williams continues to Big Barnie 10/04/18 12:18:31 PM
#539   Sounds desperate. Premium paid for consultation? learning curve 10/02/18 02:56:49 AM
#538   You said much in a few words. zitry 09/28/18 02:03:39 PM
#537   I like your candor. If ORION has a Big Barnie 09/28/18 01:19:36 PM
#536   Maybe the price will revisit. Support is zitry 09/28/18 10:53:21 AM
#535   I enjoyed reading your assessment. I concur that Big Barnie 09/27/18 02:37:31 PM
#534   A significant Bullish technical signal just occurred. The zitry 09/27/18 12:40:58 PM
#533   Be small be nimble. This price will revisit. learning curve 09/26/18 03:38:36 AM
#532   Grant money portrays a portion of the international zitry 09/19/18 12:22:42 AM
#531   Does anybody here have any idea why the zitry 09/17/18 10:23:34 AM
#530   2 more insider purchases 9/7 and 9/11 totaling Big Barnie 09/12/18 04:53:36 PM
#529   My hope is IOT can connect to Deep x1power 09/11/18 08:04:27 PM
#528   interesting information you have posted. Some very technical. Big Barnie 09/10/18 10:37:14 AM
#527   True he has been buying since 2017 and zitry 09/09/18 11:46:35 AM
#526   Image resolution of 32 by 32 pixels is zitry 09/09/18 11:14:36 AM
#525   Second Sight (EYES) Presents At Rodman & Renshaw.C. zitry 09/09/18 11:11:15 AM
#524   Pat Ryan joining EYES shows Second Sight Medical zitry 09/09/18 11:07:44 AM
#523   forecasts are for bigger loss in 2019 Big Barnie 09/04/18 09:23:34 AM
#522   He's been buying since 11/2017 so I am stockspirit 08/25/18 08:45:31 AM
#521   Some goods must be coming soin ttubular 08/24/18 02:50:44 PM
#520   Has anyone noticed all the shares Director William Big Barnie 08/24/18 01:07:14 PM
#519   This stock represents to me an 'ethical investment'. x1power 07/01/18 12:48:13 PM
#518   What did u hear about the buzz about wyes ttubular 06/09/18 03:26:19 PM
#517   EYES was overbought! I think we might see zitry 06/08/18 08:16:50 PM
#516   It appears the decline in stock price possibly x1power 05/31/18 11:56:32 AM
#515   Saw the slideshow in a press release that Rogue3 05/30/18 06:14:30 PM
#514   Nice thoughts. x1power 05/16/18 01:45:45 PM