A business owner could chat away on social media trying to drum up bisiness for his company, he could be chatting with guys down the pub, he could be standing on the street with sandwich boards, but until such time as that company generates some business I'd suggest that it remains as declared dormant.
Agreed. If only this was all he has done. Remember he has
- signed contracts with third parties as AIA
- issued EOIs in the name of AIA
- signed LOIs in the name of AIA
- fundraised, even if only via GoFundMe
i would suggest that means it is certainly not dormant...
TA