Atacama Resources International Inc (PK) (ACRL) Quote

I agree with December!! Like he types, Buy now!! This will be a life-changing investment and create generational wealth!"

My posts are intended for a sophisticated investing audience. I know stock promoters use terms like "buy now!!" or "life-changing investment!" or "generational wealth!". Using few but catchy words helps them to lure in and trap naive and economically challenged victims. Feel free to ignore my posts or any other posts containing information, not eye-candy catchphrases. You have invested in generational losses. I know it is difficult for you and others to appreciate that I and others have correctly labelled this stock for what it is. Here are two words you likely can comprehend.

Merry Christmas.

I didn't wake up today and decided to start donating to criminal ventures, sorry to disappoint.

Can someone sum this up in two sentences or less?

He means his LT shares qualify because he is so deep in that selling at such low prices would wipe him out. That is what happens when you drink the Kool-Aid and make the Kool-Aid. All of those small sips in between batches muddled his brain. No company is interested in what they have to sell. I mean, why pay for nothing? For some reason, the promoters and Kool-Aid makers think a reputable company will swoop in and buy dirt. Interested parties in the past have drilled into the so-called golden zone and come up with nothing or as near to nothing as possible. Historical drilling results, available from the Canadian Ministry of Mines, clearly show there is nothing in quantities that would make it profitable. I love a good story in which, after pulling at a thread, I see the whole thing unravel like a cheap sweater, leaving one cold and naked up top. The chat I had the other day with the local office about the settlement agreement was interesting. Coal might be on the way for some.

A deal with AEM? You been drinking again?

All my shares qualify for LT capital gains, let’s hope a deal with AEM gets done and i can still get at least a 10 bagger out of this!!

I don't think the SEC will go after penny-ante promoters, the likes of which we have seen here (Touchyboy, Japan Airlinesboy,noskillorluckboy, etc.). Still, they would be more inclined to go after management since they are easier to find and prosecute. I was given a copy of an email from a company employee, which was a fascinating read that gave rise to my questions the other day. After rereading the settlement agreement, Glenn can still participate; he cannot be an officer or director of the company, but nothing forbids him from being an employee. He and his wife have a considerable number of shares, and I am sure they would want to be able to cash in. It will take tens of millions of shares to pay his $30,000.00 fine (accountants can examine the next set of financials to see if the company paid his fine and the cost of his courses). Some of the points made in his email were interesting, and I will forward them to the ASC for their take on it. In short, the company wanted a hearing to clear their name, but the ASC pushed the settlement agreement on them. The company decided to take the ASC up on their offer because the CTO was going on seven years, and the cost of lawyers to clear their name would have been expensive, so Atacama took the offered agreement, and it was understood the ASC, in exchange for Atacama accepting the settlement agreement would then revoke the CTO. In short the company was disappointed they did not get the opportunity to contest the allegations made by the ASC because, obviously, they were confident the whole thing would have been dismissed. If that is the case, but I seriously doubt it is, it would be a first. I cannot think of any reason why the ASC would have gone to the trouble of issuing a statement, following it up with a notice of hearing to the public and setting aside three days in December for the hearing only to turn around and make an offer of settlement. That sounds way off to me. They could have done that privately without any public notifications being made.

I wonder whose idea it was to come to a settlement agreement? Was it the ASC who felt they might have difficulty proving their allegations, or was Atacama afraid the ASC would prove their case and come down even harder? Did the ASC allow them to trade a guilty plea in exchange for Glenn's head on a platter and a fine, and then the ASC would revoke the CTO? Glenn will stay involved as long as he is not an officer or director so he can be the office coffee boy who chimes in now and again. He and his wife have hundreds of millions of shares they would want to dump into the market. Glenn has to take an ethics course but asking a leopard to change their spots is not something that can be expected to happen. Maybe he can start by amending the management bio's on the website and include the tag line "Actual picture of Brian Praver". So he has five years to take the course and then see his sanction revoked.
Does the ASC have enough to prove their case or did they go cap in hand to Glenn and Atacama asking to be let off the hook of the hearing in exchange for the CTO being revoked. That is the big question. Who instigated the settlement agreement?
Ntouchyfeelyboy must have taken a course. He is not ranting and going off like a roman candle on July 4th. I guess he doesn't want coal in his stocking.

Hello everyone.
Ntouch

10x bagger easy!! You continue to miss the potential

10x bagger easy!! You continue to miss the potential

Hopefully the SEC rolls them ALL up.

I wonder what became of them? They are so stalwart in their claims and vitriolic in their defence of this company and its management. It is easy to pick companies like this out of the rubbish and watch stock promoters try to run them up with fantastic stories of wealth and ability. Early on, the signs were there for anyone with half a brain to know this was a scam, and even mom-and-pop investors, those innocents who always sided with the stock promoters, became unwitting stock promoters themselves, doing the dirty work in their absence. The SEC has their names and claims, and their silence echoes around scams like this and others they were involved with. Enforcement action is not yet complete, and the ASC and the SEC will continue their investigations into Glenn and his management team at the time those claims were made. Even sad old Ntouch had remained quiet even if he tried to disassociate himself from it when he said, "Every once in a while he likes to check in" when he was here every day, but his opportunities to attack and promote dwindled in the face of the reality he too could find his name on the investigators lists. Hats off to those who passed along statements and informed the regulators of the sale of securities in violation of the CTO, outrageous claims, and the leaking of press releases in the face of limp attacks by those who laughed and told us to let the regulators know right away of the transgressions-we did, Glenn is done, the share price continues to plummet, and the Nancy-boy Praver twins find themselves staring into the abyss that is the future of their roles. They all try to hide themselves on a JAL flight out of Chicago. The managers of this forgot one thing. If the claims are legitimate, there is no need to turn to half-baked stock promoters to try to increase the share price; it can be done legitimately.

One final note: this is just so usual with companies like this. The website's front page has this note on the picture in an attempt to convince detractors it might be fake. Legitimate companies with legitimate claims don't stoop to this level.

ACTUAL TANNAHILL DRILL SIGHT

Merry Christmas to us, the detractors. This one is wrapped and delivered.

NASDAQ here we come baby!! One step closer!!

Amen. Notice how the non disclosing promoters scurried off the boat like the rats they are?

Glenn went to the ASC cap in hand to avoid a hearing and potentially stiffer sanctions. If you admit your guilt, they go easier on you because you have saved them the time and, ultimately, costs that would be charged to him if the hearing had proceeded. Now, if Glen is caught making decisions, attending meetings, or in any way is involved in making decisions related to the company's operations, they will come down with a hammer. We do not know what other enforcement proceedings are occurring that have yet to be announced. You will note the ASC thanked the SEC for their cooperation, which means the SEC has information related to Atacama, which could result in actions both here and in Canada. There are other issues, of course, such as the breaches related to their claims they would be trading on the Nasdaq and assay results that did not meet the criteria of a professional geologist report, so this is likely far from over. I believe the CTO will remain on while those matters are looked into. This is just one facet of the investigation. Typically, an enforcement investigation does not involve issues related to the business. In other words, selling securities in violation of a CTO would be a corporate finance matter, not an enforcement matter, which usually involves more serious issues such as making fraudulent statements like sixteen ounces per ton. There is so much more the regulator here and in Canada can delve into. With the share price doing a deep-dive, this may take care of itself.
Glenn might have to put in for overtimes to pay that $30,000.00 fine.

Glen years are over. That’s for sure Jack! In Greg we need to trust. That Geo they have seems experienced. Anyway, glad the ASC made a ruling and things look like they are going forward. We will see. Been holding this POS for 5 years, what’s another?

The fine is nothing. The 5 year ban on being a director/officer of a listed company is a significant hit though.
May have to sell the double-wide...

I see no news that the CTO has actually come off or will come off. SEDAR says the CTO is still in effect. Just the case against Grant for issuing shares under a CTO has been resolved. That's it that's all.
Fairly lenient sentence. He's lucky, but Atascama's small potatoes compared to some of the OTC cons. Not even very imaginative.

Wake me up again when the CTO actually comes off. When it does you will see a tsunami of Canadians exiting...

The three musketeers ride again?

Is the CTO finally coming off?? It may just happen in my lifetime.

https://x.com/imexsv/status/1863644299004428721?s=46&t=S0Zq3hhPRLp1ujiMDpUM5g

If Glenn did the crime, Glenn should do the time!!

Date(s)
16 December 2024 9:00 AM
17 December 2024 9:00 AM
18 December 2024 9:00 AM
Location
Alberta Securities Commission, Hearing Room, 5th Floor, 250 - 5th Street SW, Calgary. If a member of the public wishes to attend a proceeding remotely by telephone conference, the person may email a request to the ASC Clerk (clerk@asc.ca) at least one business day before the hearing, including the person’s name, telephone number, and the name of the hearing.

This could be interesting. So far it appears as if Glenn is representing himself as there is no defence counsel named.

It does seem that way. Glenn released another "news release" on the website. I imagine whatever universe the promoters are colonizing; this is big news. It makes no mention of the CTO or the impending Enforcement action. I wonder if the Royal Canadian Mounted Police IMET team is now in on this, as it may move from an administrative proceeding to a criminal one. Even though Glenn "stepped down" (more like he fell since the company fortunes, like his, are like a drunken sailor trying to find his ship in the fog after too much drink), I imagine he is still running things. An acquaintance told me he had written to the company, and Glenn replied. There is nothing illegal about that because he voluntarily is hiding in the background and has not been ordered to resign from his position. The new communications tool, whatever that is, states on October 29...
Please come back every week. Next week will include the latest available information on the company’s Tannahill Gold Claims. Future editions will include Atacama 3, Golden Eagle 1, Heighington lithium, Mystery Graphite, CABO Cobalt, and a couple of Rare Earth claim blocks, all in Northern Ontario and Lamothe Lithium in Western Quebec.
Two weeks have passed with no further news, which is typical. Promises made, promises broken. Going into the third week, there should have been two, if not three, more releases, but of course, nothing. Is there a way to listen in on Glenn's appearance in December?

This fraudulent garbage about to hit the trips. Promoters got better plays to pump elsewhere.

I guess all the promoters vanished.

If, in fact, the movie had some truth, bre-x all on a napkin.

How about an IOU XX million shares written in a cocktail napkin?

You understand that was an attempt at levity, eh?

" For a few million worthless ACRL shares that he can’t sell, maybe?"

The company does not have that option available to them. Any distribution of shares would violate the Cease Trade Order, and currently, as you know, they are being investigated for that same issue. By charging both Glenn Grant and the company, the ASC pretty much has nailed the lid on the coffin. Even if a deal were struck with a buyer, the company is currently being investigated for breaches of the Cease Trade Order. If the allegations are borne out, a hefty fine likely would be issued, meaning the buyer would have to pay the penalties, pay the accumulated late fees, and all other costs related to becoming compliant. Apart from other transgressions, the main issue with Atacama from a securities regulatory perspective is that they violated NI-51-105, which started their problems. Essentially, except for the Canadian Province of Ontario, which did not sign onto this rule, that rule states any securities issuer domiciled in Canada and whose shares are traded on a foreign exchange or OTC system is deemed to be a reporting issuer in the province where the principals are located. Atacama was domiciled in Alberta, and they fell under the Alberta Business Corporations Act. Grant resided in Alberta at the time of the breach, and he was the controlling mind (a tiny mind, but the rule is not dependent upon the number of brain cells floating between his ears). They ignored this rule, which resulted in the CTO. It is too late for them to apply to cease to be a reporting issuer until after the matters are settled and if the sanctions do not permanently ban the company from being a legal entity under the Securities Act. Unless the company pleads guilty to all of the allegations under the order of the investigation, you likely will not see any hearings into the matter until sometime in 2025, so it will be a long time for the company to sit idle in Canada. Of course, the BS machine will continue to speak during this period. Still, It's going to be a long lonely winter in that trailer park and even longer for the numbskulls who promoted this POS, even for the so-called "just an investor" but who rallied behind the promoters. It will continue to trade and will even have some manufactured bright spots from time to time but the company is dead. I wonder if Glenn will now say a hurricane ate his filings?

You're right, Jack.

Keep throwing shit against the wall, and something will stick.

I know the neighborhood a bit. Never worked out there. Don’t know why he’d consider letting Atascama option and explore his claims though. I think they’re broke. For a few million worthless acrl shares that he can’t sell maybe?

I assume that Jack might know what Reko is talking about. I've heard of Mt. Polley but nothing else he said means anything to me.

Could you map that out on your iPhone for us and "dumb it down" a bit?

Thanks in advance.

Nice to see an OTC scumbag nailed to the wall, for a change. Most never answer for their evil ways.

One thing I hear from OTC investors is this - "If they were doing something wrong, or lying, the regulators would be all over them and they'd be in jail by now. So it must be legit!" That belief is so widespread, have heard it on just about every stockboard. What most investors don't realize is that the OTC is essentially unregulated, you can lie, cheat, defraud, with impunity. Maybe once in a while someone pays a fine. Very few ever go to prison. And any legal actions usually happen years after the fraud has run its course, after it's too late.

As transparent as a leadlined wall. If the Canadian regulator wanted to go after undisclosed promoters they might but they will go after the principal which is Glenn Grant, not JAL or Skiluc or the others too numerous to mention but everyone knows who they are and what they have done. They heartlessly sucked in one investor who had sold at a loss but got them to buy again with the “trust us not the critics” and they took the bad advice even though the family was saddled with medical bills and could ill afford to lose the money. They lied to them and got them again but they lost money a second time. They justify it by saying its their choice and they should never take advice from a message board but took advatantage of their need to make money to pay those medical bills (the number one cause for personal bankruptcy in America). That's why I hate those dishonest pricksandthose like someone still here who back up their bullshit-you know the kind who claim to be just an investor. I hope they all die a slow painful financial death. But the ASC listened despite those pricks laughing it off and saying to call the ASC. WELL WE DID-TADA-they pulled an enforcement investigation out of their hat. I hope Grant is ruined by it all. He deserves it. I wonder what he will say ontbe stand? My lawyer has the financials and the reasons why I broke the rules. He will be here SOON.

You know, if they want to get hyped on something that could turn into a few million in the bank, I can help them there.

My Mount polley ground has this potential. Just needs to be drilled. Commander resources just sold their royalties to a firm for 6.4m cad.

On my north block, this ground they sold is contiguous to the east and south. I believe there is something there.

On my south block, that is the gem, in my opinion. Mount polley did some trenching just to the west a couple hundred meters. They some copper mineralization that was exposed during the 2014 breach. Everybody staying quiet on this. I'm not sure why, but I suspect something good there. Two large anomalies were discovered a number of years ago. All public knowledge.

But I understand they probably have something better.

Dang, some poor schmuck got a huge headache courtesy of ACRL. Probably was awarded to an insider, knowing how these guys operate.

Don't forget the bottle of cheap scotch raffle!

A responsible company would provide investors with a map showing the drill hole locations, with some basic geology, maybe a cross-section.

All these guys had were keychains, beer coozies, and a box of uninteresting core.

They did show off a box of unsplit crappy core at the mining convention. But that could be from the drilling done 12 years ago in a new core box…

Starting to wonder if any drilling happened at all.

Got assays?
Whatever happened to that story? Drilling, thousands of assays, maybe written up into a nice little technical report.
Ah well, can't win 'em all....

We feel terrible for you.

The Canadians slapping wrists over non disclosing promoters.

https://www.newswire.ca/news-releases/bcsc-settles-with-mining-company-and-ceo-for-failing-to-disclose-that-advertorials-and-social-media-posts-were-issued-on-its-behalf-893643258.html

Still here. Why would I post anymore though. This thing is dead…I still have all my shares too, a real tragedy for me.. 😂😂

They may have vanished but digital footprints are difficult to erase. My belief stems from too many examples in the past where the SEC did not see the benefit of going to great cost to prosecute because the dollar value of the inflicted harm did not meet their financial threshold test-not enough damage done to the market to warranttbeir attention. Given the Canadian ongoing enforcement action you might see warning letters issued but nothing more. If the ASC decides to prosecute the Pravers it would be because they perpetrated a fraud but really they are just two frat rat boys sent to add lipstick to the pig. The company will be shut down, leases forfeited and shares being forbidden from bei g traded by Grant and others. Alan baby and others will see their shares reduced to nothing with lifetime bans, being forbidden to act as an officer or director of a publicly tradedcd corporation or promoting any publicly traded company. Glenns wife could feel the heat as well although harder to prosecute as pillow talk is protected under the law in Alberta. It willbefunwTching it unfold.

I wouldn't bank on that. They really all did just vanish.

The SEC won’t take action against any promoter of this mess-it doesn’t meet the threshold test they have. They will let the Canadians deal with the issues-Glenn and company. The OTC could issue a trading halt which will kill the stock. ACRL is just a blip and not worth the SEC’s time. The promoters just have to sit back and create a way for them to unload their holdings. No big investors will give this scam their money unless the money is from a scammer taking a shot. It’s over.

Can’t wait to get the papers, get the papers 🤣🤣🤣