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It is also important to redistribute resources to revive its popular machine dedicated to promoting its reality shows tracing the process of colonization out of the Earth. Mars One had claimed that the license for these shows would pay for its Red Planet habitat. His business model failed unsurprisingly: German media revealed yesterday that the start-up had quietly entered the administration in January. According to Mars One, his new investor will announce his plans at a press conference to be held in an undetermined location on March 6.
Those who choose to finance a late start-up who has been the target of criticism on the scientific and financial viability of his colony are to guess. Mars One Ventures PLC, the UK subsidiary of the start-up, is listed as a standby company with less than £ 20,000 in accounts. In 2012, he said his goal of planting five humans on a Martian habitat could cost $ 6 billion, although his CEO, Bas Lansdorp, has declined to comment on the estimates since then. The German financial regulator BaFin, who removed it from the stock market after striking it twice with six-figure fines that would have never been paid, has also been repeatedly attacked.
The last time we had heard of the start-up before the explosive revelation of yesterday had been in July, when he claimed to have caught a new investor in Phoenix Enterprises. Mars One said the company would pay him 12 million euros (worth about 14 million dollars at the time), which would go to his nonprofit unit and l? would help to obtain the re-registration of his commercial arm on the German stock exchange.
