Yep, their target audience still has cash in the bank. When Alys beach is done it's going to make other developments look like the slums by comparison.
And, at the pace of sales over the last two years, when do you expect Alys will be done? Maybe, year 2400? It may take them another 30 years just to finish phase I.
In addition, like any other company, EBSCO does not have endless resources. I would imagine that their print business is suffering like most other print businesses and they don't seem to be selling much at Alys. Not sure how their other businesses are faring, but not many industries are exactly flourishing at the current time. Wonder how long they will hold on and continue to develop Alys if sales don't materialize soon.
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