The IPO is considered extremely risky and 'arguably the worst IPO of the year' due to the company having zero revenue, no physical assets, and making claims about power capacity that are described as unrealistic and a 'load of BS'.

Viewed as an extremely bearish investment ('worst IPO of the year') due to having no track record, zero revenue, no assets, and unrealistic promises. Considered a highly speculative investment with exceptionally poor fundamentals.