will gdn survive?

If coy is confident enough for a commercial gas flow they why they did this placement at 3Cents? Strange...
I have a severe loss by this time and still want to hold because selling at this stage is valueless to me.
I was just wondering how this coy survived since 1996 without earning a single dollar. I think directors are involved in another game which we dont know at all.
Another thing, people are buying GDN shares at 3.2 cents now. Why they are buying? Who is buying? Why they are buying?
Directors may know that.