They filed a Form D with the SEC today (i.e., issuing stock). I am having some difficulty finding it in formatted form, but the raw data from the XML document imply that they are issuing 10,000,000 shares of stock, of which 3,000,000 are sold. That sounds like they are expanding what they did last year, but that is a guess. Not clear how this is or isn't related to their noise about an IPO.
Don't take this as gospel yet. It isn't on their web site. I have no idea what it means or doesn't mean at this stage.