I would agree 100% with you your assumption is based upon an estimate. But I would be 100% certain the town would be aware of any work being done as permits would have been required to have been issued. As of November no work was done, and no talk of any work being done over the winter and with Bill during the fall and again now finding a buyer for Urkranian Hempinfused Perogies, likely still not done. And why would he? the original unnamed lender seemed to have pulled out and of course the audited financials have been coming for as long as the share price was going to hit $1.00 so not much stock, no pun intended, in that theory of the build being completed.
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