Has enormous appeal on the macro level this company. In worlds...

Has enormous appeal on the macro level this company. In worlds fastest growing economies, solid joint venture partners and capable of producing frames that are more practical and cheaper.
The start up is, as happens in such countries, a lot slower than investors had expected. This has caused lack of revenue and issuing of shares to pay for infrastructure building, new staff, etc....Thus an ordinary 12 months for the co share price.

Best perceived as a seed capital investment with all the associated risks. If company gains foothold it will fly but if management struggle to break into local markets then it has little worth.

Reckon it is worth the risk as the upside can be enormous. Time shall tell the tale.