A $10 million IPO doesn't make any sense when they will have to spend 20 percent of the IPO money on meeting Sarbanes/Oxley requirements in the first year. It

A $10 million IPO doesn't make any sense when they will have to spend 20 percent of the IPO money on meeting Sarbanes/Oxley requirements in the first year. It it costs about $2 million a year to meet those requirements.