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Re: BigOwl47 post# 3875

Sunday, 10/03/2010 1:50:03 PM

Sunday, October 03, 2010 1:50:03 PM

Post# of 31299
William (Bill) Jacobson
This Guy Investigated by Sec for fraud

http://www.sec.gov/litigation/litreleases/2009/lr21345.htm


He is listed in 3 different places as being a board member.
http://www.itsallbull.net/reports/OTCPK_KATX_DETAILED_880.pdf

http://investing.businessweek.com/research/stocks/people/board.asp?ticker=KATX:US

In this case an external board member

Jacobson, Bill
Director
William T. Jacobson, Bill served as Chairman of the Board of Atlas Mining Co. from August 1997 to June 7, 2008 and as its Interim Chief Executive Officer from December 2007 to June 7, 2008 and Chief Executive Officer from August 1997 to July 16, 2007. Mr. Jacobson served as President of Atlas Mining until July 16, 2007 and also served as its Interim President since December 2007. Mr. Jacobson worked directly in the mining industry for over 12 years. He also spent 15 years in the banking industry. He served as the Chief Executive Officer and Principal Financial Officer of Atlas Mining from August 1997 to July 16, 2007. Mr. Jacobson served as Principal Accounting Officer of Atlas Mining until August 13, 2007. From 1994 to 1997, he served as Secretary of Atlas and Treasurer of Fausett International, Inc. Mr. Jacobson served as the President of the Silver Trend Mining Company. He has been a Director of Transnational Automotive Group, Inc. since January 24, 2006 and Parker Automotive Group International, Inc. since February 15, 2006. He serves as a Director of Kat Exploration Inc. He served as a Director of Trend Mining Co. (formerly Silver Trend Mining Company) and Atlas Mining until June 27, 2008. Mr. Jacobson graduated with a B.S. in Business Administration from the University of Idaho in 1971 and is a Member of the Northwest Mining Association.
Other Boards: Trend Mining Co., Applied Minerals, Inc., Transnational Automotive Group, Inc., Parker Automotive Group International, Inc.
Status: External Director



Mr. Bill Jacobson (CEO) Atlas Mining stated, "Due to the historical drill results on the Handcamp property further sampling will be performed to understand the gold anomaly of 5 ounces on 7 feet of core drilling." This was completed by the Newfoundland Government prior to our purchase of the property. Other areas of interest on the property came from grab samples that reached as high as 158g/t au (over 5 oz/ton).
Mr. Jacobson also stated, "Because we now hold title to the property and our low acquisition cost we feel we have the best situation possible. Our partner on this property, KAT exploration, will head up the further sampling and will advise us on future core drilling and aerial surveys to best define the true worth of this unique property. Although no future plans have been finalized they may include a joint venture with a major mining company or outright sale. We continue to search for other outstanding opportunities as we move forward and maintain our discipline of increasing shareholder value.
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