RE:From: Picasam at STIPO will be for $1 max as that is the current true value based on sales decline expected to continue. John Chen said himself on the call the 4th quarter IOT revenue is a one time event then it returns in Q1 to it's normal declining run rate. Chen never said anything about about sales growth in the next 2 quarters. If sales are not growing the IPO will need to be based on declining sales and two divisions with zero cash. Translation $1 max!! Shareholders will get crucified and diluted. The IPO is so management could pay a new round of bonuses to themselves. Pure greed at play here.