Atacama Resources International Inc (ACRL)

[Tiresias]

Your assumption is incorrect. I have no idea who provides insights to you on matters like this but you should fire them.

For starters, using the term "falsely" indicates the cease trade order has no merit. It does. What this means so there will be no misunderstanding, is the filings for 2015 were not required to be filed because Atacama was not a reporting issuer in 2015. Recognizing, and amending mistakes is the sign of a regulator getting ready for future actions against the issuer so there can no appeals and questioning of the allegations.

I have no idea what you mean changing it from a CTO to a CTO variation. Again, you might want to consider firing the person providing you with advice. Cease Trade Orders are varied all of the time and to date there have been five variation orders issued allowing for Canadian investors to sell their securities under the variation order. To keep it clear and concise, the Alberta/Canadian regulator varied the cease trade order from all purchasing and selling of the issuers securities in Canada must cease to providing a variation order to allow for the selling of the securities in Canada. The CTO then, unless you are provided a variation order, is still in full force. There is no such thing as a CTO:Variation, but rather a variation of a cease trade order allowing for the selling by a securities holder upon application-and they must qualify under certain restrictions. For example, Glenn Grant would not be granted a variation order allowing him to sell his shares.

So the regulator removed 2015 and added 2019,2020,2021 to the order-the order has been varied to allow new defaults to be added. So they went from three to six years of violations-that is not a good thing. We will see more from the regulator on this in my opinion. And the issuance of a cease trade order does not fall under any statute of limitations since it is an action taken against the issuer who has failed to respond or correct the deficiencies.

Happy Three Year Anniversary of the Cease Trade Order Atacama Resources-letting Canadians down three years in a row! Bravo.