According to Bloomberg, Facebook does not plan to have an Initial Public Offering anytime soon. Bloomberg is reporting that sources close to the matter have said, “it will be at least a year and a half before an IPO will occur.”

There has been speculation for the last couple years about when Facebook would go public. Everyone seems to want them to, but the company and CEO Mark Zuckerberg has to do what they feel is best for their shareholders.

Currently investors can purchase shares of Facebook stock through private brokers, as well as websites like secondmarket.com and sharespost.com. Our research shows that in the past few months, shares have sold at between $24 (for common stock) up to $45 (for preferred stock).

So why wait? Why doesn’t Zuckerberg want to IPO now? The reason probably stems from all the privacy issues Facebook has been having. They have also been implementing a lot of new features that aren’t fully developed yet. Facebook Credits, are just launching and they have a potential to be a huge money maker. In about a years time, the value of Facebook should be higher than it is now, as long as these new features pan out.

2012 is the earliest that these people, close to the matter, say IPO is possible. This could mean it won’t be for another 2, 3, or even 5 years before the company goes public. A lot can happen between now and 2012.