Its not just that rumour , they recently received 7 mill from the sale of their share of icar in Asia.
That money has helped shore up the balance sheet considerably.
This company has a massive audience.
Its a Low cost , potentially extremely high cash flow business and its just in its infancy. If management stays strong and continues to make the correct moves as it historically has done , the $1.50 you refer to may turn out to be pocket change.
IPP Price at posting:
$1.82 Sentiment: LT Buy Disclosure: Held