Dutch company selling the Mars colonization dream goes public

NASA/JPL/ARIZONA STATE UNIVERSITY/ R. LUK HANDOUT EDITORIAL USE ONLY

An undated handout picture made available by NASA on 28 May 2016 shows a simulated 3-D perspective view of the Chasma Boreale, a canyon that reaches 570 kilometers into Mars's north polar ice cap. The image was created from image data taken by the Time History of Events and Macroscale Interactions during Substorms (THEMIS) instrument on NASA's Mars Odyssey spacecraft. Canyon walls rise about 1,400 meters above the floor of Chasma Boreale. Where the edge of the ice cap has retreated, sheets of sand are emerging that accumulated during earlier ice-free climatic cycles. Winds blowing off the ice have pushed loose sand into dunes, then driven them down-canyon in a westward direction.

Dutch company selling the Mars colonization dream goes public


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Mars One is a Dutch program that aims to establish a permanent human settlement on Mars. On Monday, the company behind the program went public on Frankfurt’s Stock Exchange.

The Dutch plan is to send six people to Mars to set up a colony.

To choose those six individuals, the company claims they drew from a pool of 200,000 applicants. The competition was then down to 100 men and women. But, one of the 100 finalists told Matter that many contenders bought their way into that position.

Moreover, aspirant colonizers are being told to donate revenues from TV appearances back to the project. And the pool may have been as small as 2,071, that is, the number of those who paid the registration fee.

The Mars One project is apparently run by two legal entities. The first is a foundation, supposedly not-for-profit. The other is a limited company, that does the fundraising and went public. However, the two companies have the same chief executive and chief technical officer, that is Bas Lansdorp and Arno Wielder. The two companies also have the same address.

And yet the company has gone public using a so-called reverse listing. The Swiss company InFin (Innovative Finance) has taken over Mars One by issuing €87million new shares in its own name. For that amount of money, InFin will change its name to Mars One Ventures AG and make money on the venture.

“The Foundation has transferred all global monetization rights to Mars One Ventures in order to successfully finance the mission. Revenue streams for Mars One Ventures are sales of merchandise, ads on video content, broadcasting rights, brand partnerships, Intellectual Property, and many others,” an InFin statement read on Monday.”

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