Atacama Resources International Inc (ACRL)

[Phillipssamsung]

Reko, the procedure to have a CTO removed can be, for a company that has been in default such a long time, a long, arduous process. The regulator will examine submitted filings with a fine tooth comb and they will nitpick-not to be nasty but because the element of compliance had been abused. The statements made on CEO Corner would have raised eyebrows and I would bet that because of some of that content, the FTF was also given to the enforcement division to look at. Canada some time ago began inserting both federal and provincial policing agencies into their offices to assist the regulators in proceeding criminally on some cases rather than just administratively. Also most policing agencies in the world have little experience investigating and prosecuting securities violations so they assist one another conducting investigations.
I agree with you it should not have taken so long to have this done but as I said yesterday it is a back and forth process. If Atacama does not respond or takes their time answering questions or providing information the process stops cold.
So who knows? The process could be in limbo.

Now if you were Atacama and you were asked why it was stated by a company official that Atacama had assays greater than or equal to a well known Au producer in the absence of a mineral report, what would you say? What would you say if you were asked why you stated you would be uplisting to the TSX and/or Nasdaq without any approval to make such a statement what would be your response? So perhaps those tough questions remain unanswered so the process to remove the CTO stopped there, awaiting a response from the company.
It is amazing to see the “ aw shucks I'm just a little ole investor” to the hate filled vitriol they espouse on other occasions. Talk about schizophenia.