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Second Sight Medical Products Inc (EYES)

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Last Post: 1/16/2019 10:38:04 AM - Followers: 42 - 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
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EYES News: Current Report Filing (8-k) 01/09/2019 09:16:43 AM
EYES News: Current Report Filing (8-k) 01/09/2019 08:40:41 AM
EYES News: Prospectus Filed Pursuant to Rule 424(b)(5) (424b5) 01/08/2019 06:07:25 AM
EYES News: Current Report Filing (8-k) 01/07/2019 08:17:30 AM
EYES News: Second Sight Medical Products, Inc. Announces $40 Million Rights Offering of Units and Two Year Extension of Warrants (EYESW)... 01/07/2019 08:05:00 AM
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#587   Anyone have thoughts as to the new $40M raise? Big Barnie 01/16/19 10:38:04 AM
#586   Gregg Williams, Chairman of the Board, has indicated Big Barnie 01/07/19 08:25:13 AM
#585   Second Sight Medical Products, Inc. (EYES) (“Second Sight” Big Barnie 01/07/19 08:21:55 AM
#584   looks like the price has consolidated as volume Big Barnie 01/04/19 09:40:25 AM
#583   No kidding. Look what happen to share zitry 12/29/18 04:01:19 PM
#582   SS has recently invested heavily in marketing and zitry 12/29/18 03:46:14 PM
#581   latest reported short interest over 4M shares. A Big Barnie 12/27/18 10:11:55 AM
#580   Why do you think the 1st qtr results Big Barnie 12/22/18 02:57:07 PM
#579   Eyes recent decline can not be explained. It zitry 12/21/18 08:56:41 PM
#578   Maybe you are right about a leak of Big Barnie 12/21/18 01:08:50 PM
#577   Maybe some news leaked about the trials n ttubular 12/20/18 09:05:51 AM
#576   WOW .75 Big Barnie 12/19/18 06:51:21 PM
#575   We really need to get an update on Big Barnie 12/19/18 07:51:33 AM
#574   Got good advice right here but mistakenly bit zitry 12/18/18 10:58:14 PM
#573   Second Sight Completes $3 million Private Placement of Big Barnie 12/14/18 11:37:46 AM
#572   Anyone have an opinion as to this continuous Big Barnie 12/13/18 11:10:32 AM
#571   looking for tax selling to end soon before Big Barnie 12/11/18 03:39:35 PM
#570   Of course there will be selling for tax zitry 12/08/18 05:24:38 PM
#569   going lower. Tax losses? Big Barnie 12/07/18 12:44:57 PM
#568   I'm averaging down here. IF EYES breaks over zitry 12/04/18 08:33:29 PM
#567   getting close to my buying range..... again Big Barnie 12/04/18 02:24:37 PM
#566   Hope we stay over $1. Don't want to Big Barnie 11/27/18 03:50:49 PM
#565   Not much to say. Way oversold. zitry 11/20/18 07:14:52 PM
#564   Anyone still out there? Big Barnie 11/20/18 06:41:23 PM
#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
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