Feeds

US businessman makes $9m selling lunar real estate

Still eight billion acres up for grabs

Top 5 reasons to deploy VMware with Tegile

An apparently unnoticed loophole in the 1967 UN Outer Space Treaty has allowed a businessman from Nevada to spawn a multi-million-dollar property business selling plots of lunar real estate at $20 (£10) an acre.

Dennis Hope has been claiming ownership of the Earth's Moon - and seven planets and their moons - for over 20 years. So far, he says he has sold more than 1.6m sq km (400 million acres) netting him $9m (£4.5m). A further eight billion acres are still up for grabs.

Unsurprisingly, no government has yet recognised the lunar sales as legally binding, dispelling speculation that maybe the moon was in fact made of money, and not cheese as previously thought.

Proposed plans to mine huge reserves of helium 3, which are in abundance on the moon and could potentially solve our planet's energy crisis, have heavily contributed to this renewed interest in our nearest celestial neighbour.

The next leg of the space race - to exploit the Moon - was further fueled by President George Bush in January 2004 when he announced the US would return to the Moon by 2017. He said he aimed to establish a long term lunar base by 2020. Curiously enough, this announcement came the day after China announced it was sending astronauts to the moon. ®

Top 5 reasons to deploy VMware with Tegile

More from The Register

next story
Bond villains lament as Wicked Lasers withdraw death ray
Want to arm that shark? Better get in there quick
Antarctic ice THICKER than first feared – penguin-bot boffins
Robo-sub scans freezing waters, rocks warming models
Your PHONE is slowly KILLING YOU
Doctors find new Digitillnesses - 'text neck' and 'telepressure'
SEX BEAST SEALS may be egging each other on to ATTACK PENGUINS
Boffin: 'I think the behaviour is increasing in frequency'
Reuse the Force, Luke: SpaceX's Elon Musk reveals X-WING designs
And a floating carrier for recyclable rockets
The next big thing in medical science: POO TRANSPLANTS
Your brother's gonna die, kid, unless we can give him your, well ...
NASA launches new climate model at SC14
75 days of supercomputing later ...
Renewable energy 'simply WON'T WORK': Top Google engineers
Windmills, solar, tidal - all a 'false hope', say Stanford PhDs
Britain's HUMAN DNA-strewing Moon mission rakes in £200k
3 days, and Kickstarter moves lander 37% nearer takeoff
prev story

Whitepapers

Why and how to choose the right cloud vendor
The benefits of cloud-based storage in your processes. Eliminate onsite, disk-based backup and archiving in favor of cloud-based data protection.
Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Designing and building an open ITOA architecture
Learn about a new IT data taxonomy defined by the four data sources of IT visibility: wire, machine, agent, and synthetic data sets.
How to determine if cloud backup is right for your servers
Two key factors, technical feasibility and TCO economics, that backup and IT operations managers should consider when assessing cloud backup.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.