This is an absolute joke. We are spending almost nothing on R and D after our strategy change a year ago. Nothing but penny pinching to make the bottom line look better than it really is, not to mention selling off assets as the article mentions just to raise operating cash so we don't have to close our doors. The problem with an ipo is the investing public will be looking for growth and we have absolutely none on the horizon for 5+ years. The best part of GF going public?? Us employees can finally short the stock of what we know is a sinking ship. And honestly, most of us bet we get sold before we even get to any kind of IPO, so we'll probably be robbed of that chance too! All our top talent has left already after the strategy change (no one good in the industry wants to work on decade old technologies... Boring!) and even the mediocre talent is walking out the door now... Daily. Just last Friday we lost 6 more engineers in our small group. Even our VPs and directors are quitting left and right (6 in the last 3 mo) There is no one competent left to even sustain manufacturing let alone develop new technologies....