$ACRL

Atacama Resources International, Inc.

CIK:0001584618|SEC Filings

Consolidated Statement of Operations - USD ($)	3 Months Ended		9 Months Ended
Consolidated Statement of Operations - USD ($)	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Details
Revenues	$ 36	$ 0	$ 36	$ 0
Operating Expenses
Consulting fees	0	3,359	0	58,689
Exploration Costs, Period Cost	0	0	33,578	18,344
Management Fee Expense	0	114,000	0	249,000
Professional Fees	0	8,027	147,166	26,938
Increase (Decrease) in Property and Other Taxes Payable	0	548	0	548
Stock Granted, Value, Share-based Compensation, Net of Forfeitures	31,000	0	226,000	0
Related party consulting fees	171,882	0	375,000	0
Selling, General and Administrative Expense	0	7,218	283,358	15,381
Travel and Entertainment Expense	79,385	4,581	0	4,582
Exploration Abandonment and Impairment Expense	0	0	167,647	0
Operating Expenses	282,267	142,887	1,232,749	373,482
Operating Income (Loss)	(282,231)	(142,887)	(1,232,713)	(373,482)
Interest Expense	(3,234)	(3,858)	(3,234)	(19.427)
Interest expense related to derivative liability	(90,301)	0	(215,643)	0
Loss on Conversion of debt	(619,313)	(247,135)	(649,313)	(247,135)
Goodwill and Intangible Asset Impairment	0	(155,000)	0	(155,000)
Deconsolidation, Revaluation of Retained Investment, Gain (Loss), Amount	0	(9.222)	0	(9,222)
Change in Derivative Liability	(9,734,406)	0	(8,949,356)	0
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	(10,016,637)	(558,102)	(11,050,259)	(804,266)
Foreign Currency Transaction Gain (Loss), before Tax	(1,615)	(1,106)	(576)	(2,293)
Comprehensive Income (Loss), Net of Tax, Attributable to Parent	$ (10,018,252)	$ (559,208)	$ (11,050,835)	$ (806,559)
Earnings Per Share, Basic and Diluted	$ (0.048)	$ (0.000)	$ (0.049)	$ (0.000)
Weighted Average Number of Shares Outstanding, Basic and Diluted	226,023,535	127,173,382	226,023,535	127,173,382

Consolidated Statements of Cash Flows - USD ($)	9 Months Ended
Consolidated Statements of Cash Flows - USD ($)	Sep. 30, 2017	Sep. 30, 2016
Net Cash Provided by (Used in) Operating Activities
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	$ (11,050,259)	$ (804,266)
Increase (Decrease) in Operating Liabilities
Increase (Decrease) in Accounts Payable	(237,884)	152,185
Proceeds from Issuance of Shares under Incentive and Share-based Compensation Plans, Excluding Stock Options	170,000	0
Increase (Decrease) in Accounts Receivable	(27)	0
Increase (Decrease) in Intangible Assets, Current	0	155,000
Loss on investment revaluation	0	9,222
Loss on debt conversion	649,313	247,135
Deferred Policy Acquisition Costs, Amortization Expense, Accrued Interest	8,957	20,336
Increase (Decrease) in Prepaid Expense and Other Assets	3,895	(3,589)
Proceeds from derivative liability	9,713,609	0
Net Cash Provided by (Used in) Operating Activities	(742,396)	(223,977)
Net Cash Provided by (Used in) Financing Activities
Increase (Decrease) in Due to Related Parties	(552,342)	(3,195)
Proceeds from Notes Payable	(76,000)	(133,024)
Proceeds from Issuance of Common Stock	1,362,069	0
Net Cash Provided by (Used in) Financing Activities	734,727	(136,219)
Goodwill, Foreign Currency Translation Gain (Loss)	576	(2,293)
Cash, Period Increase (Decrease)	(7,249)	(6,703)
Cash and Cash Equivalents, at Carrying Value	10,421	1,774
Interest Paid	0	0
Income Taxes Paid	0	0
Non-cash Transaction
Debt Conversion, Original Debt, Amount	$ 0	$ 157,275

Consolidated Balance Sheets - USD ($)	Sep. 30, 2017	Dec. 31, 2016
Assets, Current
Cash Equivalents, at Carrying Value	$ 10,421	$ 17,670
Accounts Receivable, Net, Current	27	0
Prepaid Expense, Current	0	3,895
Assets, Current	10,448	21,565
Assets	10,448	21,565
Liabilities, Current
Accounts Payable, Current	329,644	567,528
Deposit Liabilities, Accrued Interest	36,860	0
Business Acquisition, Transaction Costs	0	27,923
Related Party Transaction, Due from (to) Related Party, Current	102,579	5,608
Derivative Liability, Current	9,713,609	0
Convertible Notes Payable, Current	163,445	0
Notes Payable, Current	23,800	99,880
Liabilities, Current	10,369,937	700,839
Liabilities	10,369,937	70,839
Stockholders' Equity Attributable to Parent
Common Stock, Value, Outstanding	23,124	13,990
Additional Paid in Capital	2,828,289	1,466,801
Accumulated Other Comprehensive Income (Loss), Net of Tax	(2,160,642)	(8,165)
Retained Earnings (Accumulated Deficit)	(11,050,259)	(2,151,900)
Stockholders' Equity Attributable to Parent	(10,357,406)	(679,274)
Liabilities and Equity	$ 10,448	$ 21,565