Decemberschild
2 weeks ago
I know it's shocking, and you likely got that unfamiliar churning of your gut when you realized it was a scam. I know, I know, JAL and Bubblebrain and Touchmetherebutnotthere told you nice bedtime stories to make you feel your money was snuggled into a warm nest where you could hear your mothers heart beating as she kept you safe and warm from vultures who might otherwise make a meal of your innocence. Try and take a few deep breaths and regain your trust in humankind so you can safely invest and using these and other social media platforms for advice and reassurance you are doing the right thing (for them but hey, at least it was good for someone and you can take solace in that!). So cheer up. Listen, trust me on this, I have a really really good stock for you. It is an organic self-perpetuating food that replaces whatever you ate while you sleep. You take a slice of organic pie late at night with a warm glass of milk and the next day the slice of pie you ate grew back while you slept and the milk replaced itself. You only will ever have to do one shopping trip and you are set for life. If you are interested just nod and wink and I will get the details to you. Deal?
Decemberschild
3 weeks ago
If, during their continuing investigation, the ASC uncovers information related to the illegal conduct of Atacama Management as regards breaches of the CTO, the SEC then can, under the MOU in place, open and conduct and potentially charge participants, including management, stock promoters like Skiluc and others here who may have breached the securities acts in Canada and the United States. It is no wonder the snakes have slithered under their rocks. JAL, Babbllingbrook, TouchyAlanFeeling-Flaschinthepan, to name just a few of the reptiles. They know if the investigation uncovers other actions, they can be charged. I imagine their delete keys are getting an extra workout lately.
The United States Securities and Exchange Commission Alberta Securities Commission British Columbia Securities Commission Manitoba Securities Commission New Brunswick Financial and Consumer Services Commission Nova Scotia Securities Commission Ontario Securities Commission AutoritΓ© des marchΓ©s financiers du Quebec Financial and Consumer Affairs Authority of Saskatchewan Concerning Consultation, Cooperation and the Exchange of Information Related to the Supervision of Cross-Border Regulated Entities
If the ASC uncovered information related to the conduct of Brian and Greg Praver, the ASC can then provide that information to the SEC to further investigate. The decisions rendered by the US judicial system related to Securities Act breaches can be, and often are, much more severe in their implementation. In Canada, all of this can be done without exercising a warrant-the ASC could look at the trading accounts of Canadians who have hyped the stock using information they knew or ought to have known was false and misleading. Those persons will not even know their financial records, text messaging, posts, etc., are being examined and likely are already, IMO, being examined. They won't know until the ASC serves them. That should make for a good night's sleep.
Decemberschild
3 weeks ago
What I do not understand, Huggy, and correct me if I am wrong, but did Glenn not say in 2019, via one of his many pronouncements, that the CTO would be removed in a few weeks? I read that the lawyers had all the paperwork to submit to the ASC. Did they not send it in? He also stated in late summer 2022 that the CTO likely would be removed by the end of September 2022. Of course, the despicable Atacama minions took time from chasing fire hydrants to level heavy criticism at those critical of Atacama. Did Glenn not submit the required paperwork? Glenn finally admits, more than a year later (hey kids, we want to be transparent here). Still, now and again, we might forget to inform shareholders that we did ask for the CTO to be removed in 2023 but forgot to tell shareholders that we were refused more than a year later. I guess that would have put big holes in everything else they wanted to use to try to con the market.
This is going to put a crimp into their plans to raise capital for drilling since they cannot offer a share of the company to any investor. Perhaps Greg and Brian will dig deep into their khaki shorts and pull out several hundred thousand dollars or maybe they use it as a pick up line in bars (Hey babe, can I buy you a drink? I run a gold exploration company in Canada!). This is all very entertaining.
Decemberschild
3 weeks ago
Front page of the ASC website this morning. They are famous!
ASC alleges public company Atacama Resources International Inc. and Glenn Brian Grant breached an ASC Cease Trade Order
Sep 09, 2024
CALGARY β September 9, 2024 β The Alberta Securities Commission (ASC) has issued a Notice of Hearing alleging that Atacama Resources International Inc. (Atacama) and its Chairman and Chief Executive Officer, Glenn Brian Grant (Grant), breached an ASC Cease Trade Order (CTO). Under the CTO, all trading or purchasing of Atacama securities were to have ceased.
According to the Notice of Hearing, Grant approved the issuance of Atacama common stock, series B preferred stock and convertible promissory notes to a number of individuals, including himself, in breach of the CTO. The Notice of Hearing also alleges that Atacama and Grant engaged in numerous acts in furtherance of trading in Atacama securities, in breach of the CTO.
These are allegations and have not been proven in a hearing.
An appearance to set a date for a hearing will be held on October 16, 2024.
A copy of the Notice of Hearing can be found on the ASC website at asc.ca.
The ASC gratefully acknowledges the assistance of the United States Securities and Exchange Commission (SEC) in this matter.
The ASC is the regulatory agency responsible for administering the province's securities laws. It is entrusted with fostering a fair and efficient capital market in Alberta and with protecting investors. As a member of the Canadian Securities Administrators, the ASC works to improve, coordinate and harmonize the regulation of Canada's capital markets.
For further information please contact:
For Media Inquiries:
For Investor Inquiries:
Tanja McMorris
Alberta Securities Commission
media@asc.ca
ASC Public Inquiries
Toll Free 1-877-355-4488
inquiries@asc.ca
Decemberschild
3 weeks ago
The nice thing about being retired and travelling the world is that you find plenty of time waiting in airports, riding trains, reading and responding to the idiotic ramblings of CEOs and their followers. Who needs to work when you don't have to? I find roaming Europe, going to football matches, and enjoying games of Nine Men's Morris in English pubs to be far more entertaining than working.
How does it feel to be wrong about Atacama?
How does it feel to know your attempts at misleading others about the Atacama have all failed?
How does it feel to realize your shares will likely be locked up forever in Canada?
How does it feel to see your former Atacama boss being investigated for breaches of the Securities Act?
How does it feel to see your former employer, Atacama, being investigated for breaches of the Securities Act?
How does it feel to finally understand that I and others have been spot-on about Atacama?
How does it feel knowing your juvenile responses to criticism have not furthered your cause?
How does it feel to know you are a loser when it comes to Atacama?
I imagine it will be difficult for you to go forward until an appearance date has been set, then wait for the hearings to commence, then wait for the judges to deliver their verdict, and finally, wait for the judges to announce the sanctions against Atacama and your idol, Glenn Grant. Getting coal in your stocking in September must be particularly hard. Face it: your personal attacks and juvenile outbursts directed at critics instead of countering their points with facts instead of invectives must increase your stomach acid output. I would ask your physician to prescribe Zantac. It is going to be a long long time before you can afford to fix up that ramshackle duo plex you reside in. With no money coming from your shares, you are going to stretch your means.
It's all over now, baby blue. I think Summerland will have some new headlines in the future: LOCAL MAN CHARGED BY SECURITIES COMMISSION; LOCAL MAN FOUND GUILTY OF BREACHING SECURITIES LAW; LOCAL MAN BANNED FOR LIFE FROM TRADING IN SECURITIES.
That will get the local rumour mill going. He will be the talk of the trailer park.
Decemberschild
3 weeks ago
The Alberta regulator has taken the first steps against Atacama and Glenn Grant. That will create some large legal bills for the company and Grant. No matter what the company says it is going to do, it is going to have that hanging over its head to cast a grey hue on the future. The company is a legal entity, as is Grant, so they both will need defending. I would bet that the company they are going to permanently ban trading in Canada for this, meaning the only dupes will be outside the country during any money-raising efforts, and Grant likely will face a lifetime ban, likely the loss of his shares as a result since he won't be able to dispose of them legally but I don't think he would go to jail even though he could face jail time if they decide to proceed with the contempt of court charge because of the cease trade violation. Not often has that happened because hardly any Alberta residents likely purchased these shares, and they can or have disposed of them using a variation order. It likely will prevent the company from raising capital in Canada, and Canadian shareholders will have to use the variation order to dump their holdings. So, Glenn, will you sue the ASC for doing their job? They are going after you and the company for how they allege you have gone about yours. It will be a while unless the company folds due to the inability to defend itself. Also, the new heads might find themselves in hot water with orders issued against them, and if they fail to comply, they won't be back in Canada anytime soon due to risk of arrest. I do like it when the future is as one predicted.