Makefile should actually work now.

src/Makefile

@@ -4,7 +4,7 @@ CC	= cc
 CFLAGS	= -Wall -O2
 LDFLAGS = -static
 LDLIBS	=
-PREFIX = usr/local
+PREFIX = usr/local/bin/
 DESTDIR = 
 BIN =  cat\
  false\
@@ -20,7 +20,8 @@ false: true
 	ln -s true false
 
 install: all
-	install -Dm0755 ${BIN} ${DESTDIR}/${PREFIX}/bin
+	mkdir -p ${DESTDIR}/${PREFIX}
+	install -Dm0755 ${BIN} ${DESTDIR}/${PREFIX}/
 
 clean: 
 	rm ${BIN} *.o