- Start looking for other income sources right now
- Stop performing any work for them
- Withhold the project from them, don't let them take it from you. Tell them that this is the right time to set our expectations and agreements in writing - implying that if they don't commit to writing down terms with you, you're not letting them use the project
I have the impression that they were treating this like a low-risk low-effort way of getting some work down that they could raise money against in the future. There is little downside for them, so they don't care.
- Start looking for other income sources right now
- Stop performing any work for them
- Withhold the project from them, don't let them take it from you. Tell them that this is the right time to set our expectations and agreements in writing - implying that if they don't commit to writing down terms with you, you're not letting them use the project
I have the impression that they were treating this like a low-risk low-effort way of getting some work down that they could raise money against in the future. There is little downside for them, so they don't care.