The main issue is Grant doesn't understand how to generate revenue and sustain an operating business.
I'm not even thinking of $1M revenue annually, just something small like $10k / month and reporting in a timely manner.
I'd wager if two randon shareholders did the same "two people melting chocolate (or whatever) in a tiny kitchen" they would be able to generate over $10k revenues each month, turn profits, and report in a timely manner.