What IPO? The stock is already trading. That filing clearly states they sold equity in the company and raised more than $2 million. So who bought those shares and at what price and is there any restriction on those shares? I will try to look at the filings over the coming weekend or have someone looked at it before that. That is key. If they sold shares at 40-50% discount and if those shares hit the market, that is what matters for the pps.
Fools argue to win, so stay away from them and still say Thank you.
Smart people argue to seek the truth and say "Thank You" when they find that they are wrong.