What is a Micronation?
Apart from a few serious secessionist movements, most micronations are essentially nation-state simulations, with varying degrees of seriousness. Unlike role-playing games, a micronation can have real people who compete for fame, fortune and power, and engage in lively debate and entertainment. Many micronations incorporate popular sports and economic simulations.
Altogether, a micronation is an ideal environment for those who are interested in politics and communities to experiment with and experience different types of government, and to meet a diverse range of interesting people. It’s a whole world unto itself…
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Micronations News Network 
Micronations, which only attempt to achieve and continue a personal law status for their volunteers, i.e. make no territorial claims but only uphold individual property rights, & other individual rights, which their members do appreciate, might be easier to achieve and continue. – After all, most of those aiming at micro-nations are opposed to the large to medium territorial States and what they offer or impose. – jzube@acenet.com.au
The Latar Territory and Principe Is a micronation.
Its Purchase is noted in a publication at the LoC/wdc
UN/UK/Norway/IJC and more.
http://www.Latarstate.net