Chinese appeals court banned a company from selling land on the moon. According to the state media, â€œcelestial bodiesâ€ could not be anyone's property.
The Beijing Administration of Industry and Commerce had revoked the business license and fined 50,000 yaun from Lunar Embassy, a Beijing-based company, since it tried to make money by selling individuals ownership of an acre of lunar land for 298 yuan ($37) each. It was reported that 34 clients had bought 49 acres of land, earning the company more than 14,000 yuan ($1,800) within three days of its opening.
The Moon is Not for Sale (Although One Chinese Company Tried)
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The Moon Is Not For Sale (Although One Chinese Company Tried)
By: Nisara - Published: Mar 19, 2007 • References: dailymail