Anyone wondering why the price is not going up? I think I do.
Jane, I read your post on Yahoo and I have to say I disagree. The shareholders had nothing to do with the success of the company. First off, there is no success (as of yet and hopefully for everybody that changes one day) and don't fool yourself into thinking that this land purchase is the end all.
Secondly shareholders help companies by buying stock so that the company can issue more shares at a higher price and use the capital to invest in their vision. Since this stock was at $.02 and there are no more shares to go around, it is evident to me that the shareholders have very little to do with anything at this point.
From the look of the reaction to the news, it looks like the shareholders will have very little to do with anything in the future too.