Interesting, but that is about it. The burden of proof is on the plaintiff class in conflict of interest challenges. I don't think you are off base with your train of thought, but documenting it and attaching a provable amount of harm in dollars to an already dead company, I think would be a challenge.
What is the financial harm to MMMW shareholders if there is a finders fee attached to all first contact leads that were generated by MMMW contact avenues? Just as one thought, or maybe Ricker owes this guy a bunch of $$ for hardware and parts that he took on credit to build the last (failed) prototype (he did say most of the part he was using were "off the shelf" but what/who's shelf?). It could also all be verbal with no documented cash changing hands. Truth is it is all BS and speculation about a company that is for all practical purposes defunct. Whatever it is, it is all in the land of Facebook anyway, where said things can and do change with a few clicks, and where the SEC rarely needs to go to have FINRA step in at the appropriate time and do their thing.
MMMW won't be a legitimate entity again until they at least renew their business registration with the State, and get their past due financials in order with the SEC. The fact that their filed proxy statement was not approved last year means something, and thats when all the shareholders were suddenly left at the sacrificial alter while their leader fled the situation in fear.
