See amcfutures post on Why We Need The Cash. Either the company...

See amcfutures post on Why We Need The Cash. Either the company is telling pork pies or this information removes the speculation. We are short of cash. This being the case, it would be stupidity to IPO BEFORE the share price went up as we would lose all that potential capital with (at $12M) little reduction in overall risk. A rise in the share price after an IPO does nothing to improve the company's financial situation.