Atacama Resources International Inc (ACRL)

[Tiresias]

I have attended workshops with the SEC and frankly, with small scams like this they are not going to devote the resources to it, and the second issue is the supposed activities for Atacama are in Canada while the stock trades here. So they are not going to investigate an out-of-country scam unless it becomes big. Just enough to continually enrich the key persons running this scam but not enough for the SEC to sit up and take notice. For the Canadians all they can do, and what they have been doing since 2014 is issue cease trade orders preventing Canadians from buying and selling since they cannot affect the trading on the OTC. The SEC would have to step in and issue a Trading Halt which lasts for 15 days as you know and then it goes to the grays but it takes a lot of manpower and hours to do that and they rather would bust the sexy ones and garner some headlines in the process. It might be interesting if we use the same path we used to shut down another OTC stock whose supposed business was in Ontario-it worked. The big difference now is the guys running this are in Canada whereas the other one the guys were in Michigan so out of reach of Canadian police and regulators but within reach of the SEC. Once the Canadian government began discussing the scam in their government house the SEC took notice and moved fast to shut it down. The big guy still walked out with tens of millions and moved overseas to the middle east abandoning all those who Billlieved in him. With Atacama the law officials can take action. Going to give my old friend a call on Atacama in a few days once I am back in Spain. In the UK where they still are talking about the loss to Italy.