Atacama Resources International Inc (ACRL)

[Jack_Herer]

Interesting quarterly!
The BOB is paying themselves quite well in Series B Preferreds... >> $100K each, up to $757K just for Mr. Berry. For board/management fees. And you thought these guys were donating their own funds to the cause... Ha.

Oh, and look, $53K worth of shares to DD Summit Group. These guys are paid promoters, after all. No surprise.

Doling out a lot of Preferred's to a lot of other folks (family & friends?) as well. A money making opportunity for all!! Yay!

Cash in hand $17K, and total liabilities of $626K, including notes and convertibles payable and accounts payable (unpaid bills) of $440K Hmmmmm...
Significant debts but big bucks (shares) for the new BOB.

$2.18M in stock issued for "services" in the 9 months! And a miserable $80K on exploration. Kinda says it all....