Extraterrestrial Securities: What Are They?
- migray
- Pharcyde
- BoutrosRND
- Pharcyde
- BoutrosRND
- Pharcyde
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» migray - A brief overview of the campaign called Lunar Stock Exchange.
Absolutely independent and unique project appeared on the Web. The company called Lunar Stock Exchange LLC claim themselves to be ‘the first ever extraterrestrial securities market, an excellent chance to gain stable profit in unstable world circumstances and to invest in the future.’What are the extraterrestrial securities those presented on Lunar Stock Exchange web pages? Let’s read the Introduction: ‘The following start-up companies are launching their business within a decade. Lunar Stock Exchange’s mission is to encourage, organize and monitor this multi-industrial campaign, raising funds for each of the establishing enterprises. After the space Reusable Launch Vehicle starts providing services to space passengers on a regular basis, the companies are planning to settle in their Moon headquarters. As soon as any of presented companies start actual business operations, their share value can increase dramatically, therefore, it is most advantageous to invest in these companies now. Lunar Stock Exchange offers an exclusive opportunity to become a shareholder of these companies for less.
So, basically, there is nothing mystical about them, although we don’t hear such space-flavored words like ‘extraterrestrial securities’ very often. Nevertheless, the entire campaign seems to be strong and promising since it has to do with space tourism and moon settlement related matters. Undoubtedly, space tourism and transportation are going to be the industry of the 21st century, and statements like ‘It is widely acknowledged, that as space tourism industry takes off, the profits will grow astronomically. This is the main commercial motivation of our endeavor’ are based on real facts and economic research. I hope that Lunar Stock Exchange’s innovative intentions will find thankful and creative audience.
You can review this project at -
http://www.thelunarstockexchange.com
Michael Gray
-- posted by migray
» Pharcyde - Re: A brief overview of the campaign called Lunar Stock Exchang
In response to message posted by migray:Whoa! I'm a lunar property owner, I belong to all the lunar organizations (including the Moon Society and the American Lunar Society), I'm even a lunar citizen (http://www.lunarrepublic.com). I'd say I'm as involved in supporting the dream of returning human beings to the moon, but I don't see how a Lunar Stock Exchange can work.
Who is actually investing in this? If I had a million bucks or so to invest, I'd go direct to somebody like Bigelow Aerospace (http://www.bigelowaerospace.com) or TransOrbital (http://www.transorbital.net) and invest straight up with them.
Because I don't have that kind of loot, I'm dropping twenty or thirty bucks a pop for an acre of land on the moon from the Lunar Registry (http://www.lunarregistry.com) where I know that the profits are going to companies like Bigelow and TransOrbital, as well as the Moon Society and L5, where they are doing some good.
Is the LSE aligned with the Lunar Republic or any of these other groups?
-- posted by Pharcyde
» BoutrosRND - Re: Re: A brief overview of the campaign called Lunar Stock Exc
In response to message posted by Pharcyde:I went to the website to have a look around and subsequently contacted the President of the Lunar Stock Exchange, Rick White, to pose some questions. Apparently people actively trade shares of companies that do not exist, but that could exist as part of a lunar settlement. These investors seem to anticipate that if they should happen to be invested in the first few companies to actually make good (assuming any of them ever do exist), then they will be "in the money". It's awfully speculative, but I can see what they're thinking. The difficulty I still have personally is simply the probability that none of the companies will ever exist.
As a side note, I hope you're not anticipating being able to enforce your "property rights" on the moon. I have a sneaking suspicion that no court of law will uphold "ownership" of land that does not entail the owner's ability, either personally or by proxy, to exercise his will over said land.
Now, once somebody lands on the moon and opens up a real estate office, that's when I'll buy land on the moon.
Robert Davis
-- posted by BoutrosRND
» Pharcyde - Naming Stars and Buying Land on the Moon
I understand from digging around that "Rick White" of the Lunar Stock Exchange has mysteriously and suddenly died. I have this awful feeling that Rick never really existed. An American living in the Czech Republic, who didn't know an awful lot about the U.S., who had awful lapses in grammar. It just seems too darned convenient.Nevertheless, I have less of a problem with buying lunar land than I do spending my hard earned moolah on naming a star through the legendary Rocky Mosele's International Star Registry. Whether it pans out, or if I've just got a groovy looking certificate on my office wall, a fellow can dream, can't he?
-- posted by Pharcyde
» BoutrosRND - Re: Naming Stars and Buying Land on the Moon
In response to message posted by Pharcyde:The Lunar Stock Exchange has also undergone a huge website redesign and apparenltly the way they now operate is to have a buy-in fee, trade fees, and so on. They may be legit, or they may be trying to look legit so that their get-rich-quick scheme lasts a bit longer. I won't presume to speak to which it is, but suffice it to say that I won't be putting any money into their "companies".
As far as naming stars and buying lunar real estate goes: yes, I'd agree that the lunar land certificates are significantly more above board than the star-naming stuff. But it's still important, in my view, that everyone know it's still only a novelty item. Although you can bet that I'll snap up as much lunar and/or Martian real estate as I can afford just as soon as it can be puchased for real.
-- posted by BoutrosRND
» Pharcyde - Re: Re: Naming Stars and Buying Land on the Moon
In response to message posted by BoutrosRND:I hadn't tracked this for a while, and now I note that the Lunar Stock Exchange, in its original "Rick White"/LUNARX iteration, has disappeared.
As of moments ago, there is no website at any of the URLs previously discussed (lunarx, thelunarstockexchange.com, etc). However the LunarX.com domain is now registered to:
Registrant: Lunar Stock Exchange LLC
Chris O'Connell
3511 Silverside Road Suite 105
Wilmington, Delaware 19810 US
+1.8889786305
41524@whois.gkg.net
The Silverside Road address is for Delaware Registry Limited, a leading incorporation firm.
Meanwhile, Lunar Registry appears to be thriving and growing, and I've seen numerous mentions of them in the press and on TV. They have been distancing themselves from the novelty lunar deed peddlars like Dennis Hope and his ilk, and it's working.
-- posted by Pharcyde
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