"No one but the majors have made a profit??"

No one small has profited except  outside companies like Donkel Investments (from Florida) right? Sounds like someone is upset thier get rich scheme of lease squatting and deceptive marketing is running dry.

Many of these companies you claim "haven't made a profit" did in fact make a profit over a period of time. The reason they've gone under or pulled out of AK is due to poor fiscal management including overcapitalising reserves, over leveraging and overly optimistic modeling.