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Company closed for selling land on moon
(AFP)
Updated: 2005-11-08 08:16
A Chinese company has had its license suspended after it tried to make money
by selling land on the moon.
The shadow advances
on the moon during a lunar eclipse in January 2001. A Chinese company has
had its license suspended after it tried to make money by selling land on
the moon.[AFP/File] | The Beijing Lunar Village
Aeronautics Science and Technology Co. managed to sell large swathes of pristine
lunar property before being shut down, the Xinhua news agency reported on
Monday.
The company, claiming to act on behalf of an entity referred to as the Lunar
Embassy in China, charged 298 yuan (37 US dollars) for each acre (0.4 hectare)
on the moon, according to the report.
Each lucky new owner of lunar soil was issued a "certificate" that ensured
property ownership including rights to use the land and minerals up to three
kilometers (1.9 miles) underground, Xinhua said.
Li Jie, CEO of Lunar Embassy, said that 34 clients bought 49 acres (20
hectares) of land on the moon in the first three days after his company became
operational last month.
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