I’ve seen this story before. The part that intrigues me is this:
I’m wondering what loophole they’re speaking of. I was under the impression that the international treaty pretty much established no terrestrial body could ‘own’ portions of the moon. Or am I off on this?
As I understand it, the convention prevents any nation from making territorial claims to the Moon, but it doesn’t prevent an individual from making such claims.
Whether or not those claims will stand up in court is another matter.
Tevildo is correct. This daft idea works on the principle of having your picking your laws where it suits you.
International law says nothing about not allowing individuals to claim land on the moon. However, international law equally has nothing to say about individuals claiming land anywhere at all, never mind on the moon. So the guys selling this rubbish conveniently switch over to U.S. law in order to establish some sort of right for the individual to stake claims. Why U.S. law should apply in any way to the moon is never explained.
So you can claim away as much as you like, and you don’t need this companies involvement to do it. It still has no legal basis.