Once again, this is not an IPO, this is an offering of additional common shares of stock, just like the ones already in the market and trading for 30 cents per share. This is from the link in the post I'm replying to:
An initial public offering (IPO) is the process by which a private company becomes publicly traded on a stock exchange. Once a company is public, it is owned by the shareholders who purchase the company's stock. Every public corporation in existence had to start trading at some point, which is to say, initiate an IPO.
nFusz is not a private company, its stock is publicly traded. The whole post and article are not applicable to nFusz in any way.
IPO means INITIAL Public Offering....INITIAL means "First". Thus IPO refers to a private company FIRST going public. They set a price they think the market will accept.
FUSZ is ALREADY a public company. SECONDARY offerings will be at market price, because the market determines the price, not FUSZ.