??? Will it float???

So here are a couple of pictures my brother took of a "boat" that is being built in a Marin County lot near San Rafael. A father/son team has been working on it for at least a year and a half. What do you think? Well, it may look OK, but a few things to mention, the hull is not fiberglass, it is plywood painted. Yes just painted. A ketch rig with a radar mast off to one side. I wonder how they will fly a spinnaker with that sticking up? No glass on the main salon deck? Also there are outboard motor mounts on the back.... If they plan to just sit in a dock and never sail it, it may last a year or so. But I think if they try to sail it it will split and sink... We will see....