True but meaningless for MMMW. It's hard to move forward with a company that is essentially broke.
I can't see how this company moves forward without being run out of Ricker's garage. Rent and utilities have to be paid and with no money it becomes difficult keeping a commercial location.
No announced project completions either means no money or Ricker is screwing over shareholders. I think it's the former not the latter. After all, two men one day completion rate would have lots of installations completed already.