How would this not be dead?
The way I see it, this company was dead for years before revocation. All that was left was Brad telling a few dupes some pretty pretty bedtime stories about how he would make them all Rich! Rich!! Rich!!! And, of course, unleash a tornado of destruction on dem dar evil lawyers.
It looks like Brad is either hopelessly incompetent, or just a con man. The La Jolla mess sunk this company for good, sometime between 2005 and 2007. Everybody else bailed, except Brad. So, with no engineers, or building capacity, or management, Brad started selling stock. It isn't like he really did anything else.
Even in a "best case" scenario, what's left? A half-finished boat that hasn't been worked on for at least 10 years. A boat design that never sold, and is now old enough to buy its own cigarettes. A "director of new products" who is batting zero on his various promises. An absentee President/Director.
I fail to see even a glimmer of hope here. Please show me where there is even a sliver of a chance.
