As others have pointed out , the company is a mess financially and diluting their stock to epic proportions. This is not an easy situation, and chances of failure are very high.
But all over the world people love this product, they even post to the facebook page of the company. It fits perfectly into so many scenarios where people do not have access to the electrical grid.
They only have a few months to sort this mess out. A capital injection of just a few million dollars will stop the dilution. Since there is still interest in the stock even with this mess the stock could go up quickly should the dilution stop.
There are a lot of moving parts but since when you buy the stock you already assume it might be worth ZERO on a no bid situation it is not really affected much by global market turmoil. Lots of people with good name stocks are getting slaughtered as well in this meltdown.
The moving pieces of the puzzle are getting the convertible debt eliminated, growing sales, getting the credit line renewed etc. It does not take a ton of money to clean up everything. There is certainly value here. The Indian Subsidiary 45% owners paid like 2 million dollars for 45% minority interest of just that part of the company. The company's market cap is like 250,000-300,000 dollars based on current prices.
