Global IP Sound to go IPO on NASDAQ?

A reliable source has told me that Global IP Sound (GIPS) informed their investors that they will have an "extraordinary" meeting early January. They have named a few new board members, one of them, Bradley E. Sparks, used to be chairman of the Issuers Affairs Committee on NASDAQ. Could an IPO for Global IP Sound, one of my favorite VoIP companies be in the works? (right now they are traded OTC) Boy, GIPS has come a long way since I did the very first review of their VoIP codec on a PocketPC. Their codec is used by Skype, GoogleTalk, and many other softphones.

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