It’s a shame that the stock price has gone down and the capital...

It’s a shame that the stock price has gone down and the capital raising was canceled however it was a smart move since it protected those who have submitted their application from getting shares at .63 cents when the stock is currently trading less than that. Imagine if they didn’t cancel it? Everyone who submitted their application would be sitting at loss. Additionally, since Aumake is raising money through institutions, it will keep the stock from being volatile since they are long term holders invested for long term growth.  
They’re still planning on their milk formula and cosmetics company acquisition which will add profits and increase gross profits and they’ll have more exposure with their new stores so everything still looks great despite the share price drop.
Plus, everyone who submitted their application will be getting their refund on the 15^th and if they were willing to get the share price at 63 cents then the current price is a bargain!