I did enter my application for IPO too but I decided to ask for refund and cancelled my application because I was too scared of the potential of someone gets into an accident from falling down due to machine malfunction. Not only that, I think if I remember it correctly, I would not be able to sell the shares straight away as they would be locked into escrow for one long year. Accident could happen anytime within that one year. So yeah....definitely it was a big risk with this stock. I could not go through with that.
Seeing the share price like is sad. I have a couple of shares ended up like this one at the moment but they're recovering slowly.