Yeah that Willious and APKJM are notorious for starting internet...

Yeah that Willious and APKJM are notorious for starting internet fights

I guess in answer to your question we need to define what an intangible is? Technically it is something that can't be touched such as goodwill etc as opposed to 'unknown' which may or may not be potential. Based on that then do we see any goodwill in the company atm? No...there can't be as there have been no revenues or profits produced. So I guess there is also potential for confusion when talking about valuations as the asset value rarely if ever matches the SP ergo the company value via it's market cap. So it becomes the old question, is a valuation fairer based on what the tangible assets are worth or is the true valuation what someone is prepared to pay? If the former then you can't include a non owned or potential asset. If the latter then yes you can.
As with most HC arguments there is validation on both sides of the argument I guess. It all depends on from what angle it is being looked at? If buying a business you can take into account future earnings based on history (Good Will) however you certainly wouldn't pay money for the fact that the business may potentially then purchase another.