If this company such a great deal I would expect they might float an IPO before end of the year. Bring in more cash to burn and give the insiders millions more to pocket. With this stock valued about the same as GM seems be a smart more on their part.
They did their IPO last year. Unless I missed that class you can only do ONE IPO (initial public offering). They could do an additional public offering which might be a good idea if additional funds are needed. It would dilute our holdings unless we bought more.