"theres nothing more Rm can do but wait"
There it is in a nutshell and that's why your argument is flawed. If there is a pot of gold at the end of the rainbow then and only then should RM get paid.
RM can wait forever. It matters not if it takes another year or 5. He's got no skin in the game. Lives for free in the SI, travels business class all around the world to conferences and meetings and collects $10k per week. As long as he can raise capital and keep AVQ from becoming a true shell looking for a proper project it'll be fine.
Every speccy operates under a 'blue sky' scenario. In that case every CEO should be on $1m p.a. while they do "nothing more than wait".
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