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Atacama Resources International, at the Request of OTC Markets Group, Provides Company Response to Recent Stock Promotion Activities
Atacama Resources International, at the Request of OTC Markets Group, Provides Company Response to Recent Stock Promotion Activities.
About this update from Atacama Resources International, Inc.
[{"type":"text","content":"\n \n \n Atacama Resources International, at the Request of OTC Markets Group, Provides Company Response to Recent Stock Promotion Activities\n \n \nAtacama Resources International, at the Request of OTC Markets Group, Provides Company Response to Recent Stock Promotion Activities\n \n PLANTATION, FL--(Marketwired - Aug 3, 2017) - Atacama Resources International (OTCQB: ACRL), developers of a suite of safety-driven mobile applications, is providing the following information to emphasize that the Company has had no involvement in the recentstock promotion activities specific to ACRL stock.\n On August 1, 2017, Atacama Resources was made aware of stock promotion activities that are unrelated to any activities by the Company.\n Atacama Resources had no knowledge of and no involvement in the development of the material published. The Company had no knowledge of these promotions even taking place until shared with the Company by OTC Markets Group on August 1, 2017. These unrelated promotions seem to have caused a significant adverse effect on the price of the shares. In three weeks of very high volume trading, the share price has declined by about 90%.\n After thorough research of directors and major shareholders (shareholders holding 10% of the company or more) and known third party providers, no evidence surfaced that any of these identities have been directly or indirectly involved in any way (including payment of a third-party) with the creation or distribution of promotional materials related to the company and its securities. \n None of the above parties have sold or purchased the company's securities within the last 90 days. \n Atacama has not hired any investor relations services, public relations services, marketing or other related services such as company promotion and securities since January 1, 2016.\n In addition, the Company has entered into the following convertible debt:\n \n \n \n  \n  \n  \n  \n  \n  \n  \n  \n  \n  \n  \n \n \n Lender\n  \n Origination Date\n  \n Maturity Date\n  \n Principal Amount\n  \n Interest Rate\n  \n Stock Conversion Rate\n \n \n Power Up Lending Group\n  \n 5/02/2017\n  \n 02/20/2018\n  \n $35,000\n  \n 8%\n  \n 45%\n \n \n Auctus Funds, Inc.\n  \n 2/14/2017\n  ...