San Francisco, California – With a 112-character tweet, Twitter announced that it filed for an initial public offering, setting the stage for the most high-profile technology stock market debut since Facebook’s troubled share sale last year.

Twitter announced the filing on its own social media messaging service, saying: “We’ve confidentially submitted an S-1 to the SEC for a planned IPO. This Tweet does not constitute an offer of any securities for sale.”

While it dubbed its filing as “confidential,” Twitter had no problems revealing to The Adobo Chronicles  the price per share with which it plans to  trade its stocks. Twitter CEO Dick Costolo said that the company has decided to trade at $140 per share, almost four times that of Facebook’s IPO price.

“We want to set the bar at the highest level possible,” Costolo said, just like it is company policy to set the bar high in terms of consistency.”  He added, “The $140 per share price is consistent with the foundation of Twitter which is its 140- word count limit for tweets.”