Diamondhead Casino Corporation owns more than 400 acres of land on Mississippi's St. Louis Bay, where it plans to develop a casino resort. The company previously owned and operated four "cruise-to-nowhere" casino gambling ships in Florida but sold the vessels between 1999 and 2001 to focus on its Diamondhead, Mississippi, casino plans. Currently Diamondhead Casino Corporation has no operations and four employees who are seeking the various permits, authorizations, and financing required to develop a casino. Chairman and CEO Deborah Vitale owns more than 10% of the company through an employee stock trust.