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[i]Bas Lansdorp, founder of Mars One, confirmed that the company was bankrupt, but provided few additional details. “We’re working with the administrator and an investor to find a solution,” he said in a Feb. 11 email, but said he couldn’t publicly discuss the status of those efforts at this time. Mars One has an unusual structure involving two organizations. One is the Mars One Foundation, a non-profit organization responsible for implementing its goal of establishing a permanent human settlement on Mars. The other was Mars One Ventures AG, which held the exclusive rights to monetize the project through such things as the sales of sponsorships and broadcasting rights, providing a share of those revenues to the Mars One Foundation. Lansdorp emphasized that the bankruptcy filing affected only the for-profit company, Mars One Ventures. However, with the collapse of that company, financing of the non-profit foundation is uncertain.[/i]
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