I believe they have a better offer, too blow up the deal with pixium is significant. Pixium owns a controlling stake in eyes and i believe the rapid drop is due to them selling that position 6million shares give or take. Also blowing the deal up with the financing company to me means that they are not worried about financing going forward they have a decent amount of cash on hand. That being said I expect some news possibly tomorrow to clarify business plans moving forward, once the offering is closed on or before 3-26.
Nothing really changes here except the merger with pixium, I do believe this is still a diamond in the rough.
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