Atacama Resources International (ACRL) 10-Q 22 Aug 16 2016 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	6 Months Ended
	Jun. 30, 2016	Aug. 22, 2016	Jun. 30, 2015
Document and Entity Information:
Entity Registrant Name	Atacama Resources International, Inc.
Document Type	10-Q
Document Period End Date	Jun. 30, 2016
Trading Symbol	acrl
Amendment Flag	false
Entity Central Index Key	1,584,618
Current Fiscal Year End Date	--12-31
Entity Common Stock, Shares Outstanding		127,107,449
Entity Public Float			$ 1,593
Entity Filer Category	Smaller Reporting Company
Entity Current Reporting Status	Yes
Entity Voluntary Filers	Yes
Entity Well-known Seasoned Issuer	No
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q2

Atacama Resources International

Atacama Resources International, Inc. - Consolidated Balance Sheets (Unaudited) - USD ($)	Jun. 30, 2016	Dec. 31, 2015
Current Assets
Cash and cash equivalents	$ 1,430	$ 8,477
Prepaid expense	3,894	3,894
Total Current Assets	5,324	12,371
Investment - mineral rights	9,222	9,222
Intangible asset	155,000	155,000
Noncurrent Assets	164,222	164,222
TOTAL ASSETS	169,546	176,593
Current Liabilities
Accounts payable	264,480	190,702
Payable for Good2Drive LLC acquisition	50,000	100,000
Accrued interest	74,314	59,353
Due to related party	1,030	8,803
Note payable - related party	0	77,104
Notes payable	143,880	199,880
Total Current Liabilities	533,704	635,842
TOTAL LIABILITIES	533,704	635,842
Stockholders' Deficit
Common stock: $0.0001 par value 500,000,000 authorized; 127,107,449 and 114,208,334 shares issued and outstanding, respectively	12,711	11,421
Additional paid-in capital	488,693	152,940
Other comprehensive income	(3,276)	(2,088)
Accumulated deficit	(862,286)	(621,522)
Total Stockholders' Deficit	(364,158)	(459,249)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	$ 169,546	$ 176,593

Atacama Resources Internationa3

Atacama Resources International, Inc. - Consolidated Balance Sheets (Parentheticals) - $ / shares	Jun. 30, 2016	Dec. 31, 2015
Statement of Financial Position
Common stock, par value (in dollars per share)	$ 0.0001	$ 0.0001
Common stock, shares authorized	500,000,000	500,000,000
Common stock, shares issued	127,107,449	114,208,334
Common stock, shares outstanding	127,107,449	114,208,334

Atacama Resources Internationa4

Atacama Resources International, Inc. - Consolidated Statements of Operations (Unaudited) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Income Statement
REVENUE	$ 0	$ 0	$ 0	$ 0
OPERATING EXPENSES
Consulting fees	36,014	0	49,932	0
Exploration cost	0	3,748	13,190	4,079
Management fees	135,000	0	135,000	0
Professional fees	18,910	5,852	18,911	13,987
Selling, general and administrative expenses	8,061	2,475	8,155	5,307
Stock based compensation	6	0	6	0
Total Operating Expenses	197,991	12,075	225,194	23,373
Net loss from operations	(197,991)	(12,075)	(225,194)	(23,373)
Other income (expense)
Interest expense	(6,105)	(5,401)	(15,570)	(10,609)
Income tax	0	0	0	0
Net loss	(204,096)	(17,476)	(240,764)	(33,982)
Foreign exchange (loss)	(7,253)	0	(1,188)	0
Comprehensive (loss)	$ (211,349)	$ (17,476)	$ (241,952)	$ (33,982)
Basic and diluted loss per share	$ 0	$ 0	$ (0.001)	$ (0.001)
Weighted average number of shares outstanding	127,107,449	31,725,000	127,107,449	31,725,000

Atacama Resources Internationa5

Atacama Resources International, Inc. - Consolidated Statements of Cash Flows (Unaudited) - USD ($)	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss	$ (240,764)	$ (33,982)
Adjustments to reconcile net loss to net cash provided (used) in operations
Stock based compensation	6	0
(Increase) decrease in operating assets:
Prepaid expense	0	(2,250)
Increase (decrease) in operating liabilities:
Accounts payable	23,778	5,587
Accrued interest	14,961	10,609
Net cash provided by (used in) operating activities	(202,019)	(20,036)
CASH FLOWS FROM INVESTING ACTIVITIES:
Net cash provided by (used in) investing activities	0	0
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds (payments) from (to) related party	(7,772)	3,664
Proceeds (payments) from (to) notes payable	(133,104)	14,807
Proceeds from issuance of stock	337,036	0
Net cash provided by financing activities	196,160	18,471
Foreign currency translation	(1,188)	0
Net change in cash and cash equivalents	(7,047)	(1,565)
Cash and cash equivalents beginning of period	8,477	1,693
Cash and cash equivalents end of period	1,430	128
Supplemental cash flow information:
Cash paid for interest	0	0
Cash paid for taxes	0	0
Non-cash Transactions
Conversion of debt	$ 157,275	$ 0

Note 1. Nature of Business

Note 1. Nature of Business	6 Months Ended
	Jun. 30, 2016
Notes
Note 1. Nature of Business	NOTE 1. NATURE OF BUSINESS ORGANIZATION Atacama Resources International, Inc. (hereinafter “ARII”) is a company incorporated in the State of Florida in June 2013. We were formed as a consultant to the mining industry. The mining industry is subject to constant change due to market trends, thereby making it extremely competitive. The mining industry is complex, because several segments are regulated by both federal and state governments. ARII’s approach assists general business operations with the growth and development, international expansion and marketing aspects of their business, allowing our potential customers to focus on the business aspects of operations. By using the services provided by ARII, our clients are free to focus on compliance with regulations within their industry, and to complete their primary business goals. Atacama Resources International Inc. purchase 100% of Good2Drive LLC, a smartphone application company that establishes a baseline to test driver’s alertness, in December 2015. The acquisition includes the rights to two filed patent applications. The financial operations of Good2Drive LLC have been consolidated in the unaudited financial statements of Atacama Resources International Inc.

Note 2. Going Concern

Note 2. Going Concern	6 Months Ended
	Jun. 30, 2016
Notes
Note 2. Going Concern	NOTE 2. GOING CONCERN The Company’s consolidated financial statements are prepared using accounting principles generally accepted in the United States of America applicable to a going concern which contemplates the realization of assets and liquidation of liabilities in the normal course of business. The Company has not yet established an ongoing source of revenues sufficient to cover its operating cost and allow it to continue as a going concern. The ability of the Company to continue as a going concern is dependent on the Company obtaining adequate capital to fund operating losses until it becomes profitable. If the Company is unable to obtain adequate capital, it could be forced to cease operations. In order to continue as a going concern, the Company will need, among other things, additional capital resources. Management’s plan to obtain such resources for the Company include, obtaining capital from management and significant stockholders sufficient to meet its minimal operating expenses. However, management cannot provide any assurance that the Company will be successful in accomplishing any of its plans. There is no assurance that the Company will be able to obtain sufficient additional funds when needed or that such funds, if available, will be obtainable on terms satisfactory to the Company. In addition, profitability will ultimately depend upon the level of revenues received from business operations. However, there is no assurance that the Company will attain profitability. The accompanying financial statements do not include any adjustments that might be necessary if the Company is unable to continue as a going concern.

Note 3. Summary of Significant

Note 3. Summary of Significant Accounting Policies	6 Months Ended
	Jun. 30, 2016
Notes
Note 3. Summary of Significant Accounting Policies	NOTE 3. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES UNAUDITED INTERIM FINANICAL STATEMENTS The accompanying unaudited consolidated financial statements have been prepared in accordance with generally accepted accounting principles in the United States of America for interim financial information and with the instructions to Form 10-Q and Regulation S-X. Accordingly, the consolidated financial statements do not include all of the information and footnotes required by generally accepted accounting principles. For complete financial statements please refer to our 2015 Annual Report on Form 10-K, filed on April 21, 2016. In the opinion of management, all adjustments consisting of normal recurring entries necessary for a fair statement of the periods presented for: (a) the financial position; (b) the result of operations; and (c) cash flows, have been made in order to make the consolidated financial statements presented not misleading. The results of operations for such interim periods are not necessarily indicative of operations for a full year. BASIS OF PRESENTATION AND USE OF ESTIMATES The Company prepares its consolidated financial statements in conformity with accounting principles generally accepted in the United States of America ("GAAP"), which require management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements, and reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. CASH AND CASH EQUIVALENTS The Company considers all highly liquid investments with an original maturity of three months or less at the date of acquisition to be cash equivalents. Cash and cash equivalents totaled $1,430 at June 30, 2016 and $8,477 at December 31, 2015. CASH FLOWS REPORTING The Company follows ASC 230, Statement of Cash Flows, for cash flows reporting, classifies cash receipts and payments according to whether they stem from operating, investing, or financing activities and provides definitions of each category, and uses the indirect or reconciliation method (“Indirect method”) as defined by ASC 230, Statement of Cash Flows, to report net cash flow from operating activities by adjusting net income to reconcile it to net cash flow from operating activities by removing the effects of (a) all deferrals of past operating cash receipts and payments and all accruals of expected future operating cash receipts and payments and (b) all items that are included in net income that do not affect operating cash receipts and payments. The Company reports the reporting currency equivalent of foreign currency cash flows, using the current exchange rate at the time of the cash flows and the effect of exchange rate changes on cash held in foreign currencies is reported as a separate item in the reconciliation of beginning and ending balances of cash and cash equivalents and separately provides information about investing and financing activities not resulting in cash receipts or payments in the period. EXPLORATION AND DEVELOPMENT COSTS Costs of acquiring mining properties and any exploration and development costs are expensed as incurred unless proven and probable reserves exist and the property is a commercially mineable property in accordance with FASB ASC 930, Extractive Activities – Mining. Mine development costs incurred either to develop new gold and silver deposits, expand the capacity of operating mines, or to develop mine areas substantially in advance of current production are capitalized. Costs incurred to maintain current production or to maintain assets on a standby basis are charged to operations. Costs of abandoned projects are charged to operations upon abandonment. The Company evaluates at least quarterly, the carrying value of capitalized mining costs and related property, plant and equipment costs, if any, to determine if these costs are in excess of their net realizable value and if a permanent impairment needs to be recorded. The periodic evaluation of carrying value of capitalized costs and any related property, plant and equipment costs are based upon expected future cash flows and/or estimated salvage value. The Company capitalizes costs for mining properties by individual property and defers such costs for later amortization only if the prospects for economic productions are reasonably certain. Capitalized costs are expensed in the period when the termination has been made that economic production does not appear reasonably certain. During the six months ending June 30, 2016 and 2015, the Company recorded exploration costs of $13,190 and $4,079, respectively. RELATED PARTIES The Company follows ASC 850, “Related Party Disclosures,” for the identification of related parties and disclosure of related party transactions. Related party transactions are summarized in Note 7. FINANCIAL INSTRUMENTS The Company’s consolidated balance sheet includes certain financial instruments. The carrying amounts of current assets and current liabilities approximate their fair value because of the relatively short period of time between the origination of these instruments and their expected realization. ASC 820, Fair Value Measurements and Disclosures, defines fair value as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. ASC 820 also establishes a fair value hierarchy that distinguishes between (1) market participant assumptions developed based on market data obtained from independent sources (observable inputs) and (2) an entity’s own assumptions about market participant assumptions developed based on the best information available in the circumstances (unobservable inputs). The fair value hierarchy consists of three broad levels, which gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1) and the lowest priority to unobservable inputs (Level 3). The three levels of the fair value hierarchy are described below: Level 1 - Unadjusted quoted prices in active markets that are accessible at the measurement date for identical, unrestricted assets or liabilities Level 2 - Inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly, including quoted prices for similar assets or liabilities in active markets; quoted prices for identical or similar assets or liabilities in markets that are not active; inputs other than quoted prices that are observable for the asset or liability (e.g., interest rates); and inputs that are derived principally from or corroborated by observable market data by correlation or other means. Level 3 - Inputs that are both significant to the fair value measurement and unobservable. Fair value estimates discussed herein are based upon certain market assumptions and pertinent information available to management as of June 30, 2016 and December 31, 2015. The respective carrying value of certain on-balance-sheet financial instruments approximated their fair values due to the short-term nature of these instruments. REVENUE RECOGNITION The Company follows ASC 605, Revenue Recognition. The Company recognizes revenue when it is realized or realizable and earned. The Company considers revenue realized or realizable and earned when all of the following criteria are met: (i) persuasive evidence of an arrangement exists, (ii) the product has been shipped or the services have been rendered to the customer, (iii) the sales price is fixed or determinable, and (iv) collectability is reasonably assured. The Company derives revenue from consulting arrangements with clients. Revenue is generated by hourly fee structure or fixed contract costs, based on expected time to complete, additionally, costs incurred may be billed, as defined by the contractual arrangements. DEFERRED INCOME TAXES AND VALUATION ALLOWANCE The Company accounts for income taxes under ASC 740, Income Taxes. Under the asset and liability method of ASC 740, deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the consolidated financial statements carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period the enactment occurs. A valuation allowance is provided for certain deferred tax assets if it is more likely than not that the Company will not realize tax assets through future operations. No deferred tax assets or liabilities were recognized as of June 30, 2016 or December 31, 2015. NET INCOME (LOSS) PER COMMON SHARE Net income (loss) per share is calculated in accordance with ASC 260, “Earnings Per Share.” The weighted-average number of common shares outstanding during each period is used to compute basic earning or loss per share. Diluted earnings or loss per share is computed using the weighted average number of shares and diluted potential common shares outstanding. Dilutive potential common shares are additional common shares assumed to be exercised. Basic net income (loss) per common share is based on the weighted average number of shares of common stock outstanding at June 30, 2016 and December 31, 2015. As of June 30, 2016, the Company had no dilutive potential common shares. SHARE-BASED EXPENSE ASC 718, Compensation – Stock Compensation, prescribes accounting and reporting standards for all share-based payment transactions in which employee services are acquired. Transactions include incurring liabilities, or issuing or offering to issue shares, options, and other equity instruments such as employee stock ownership plans and stock appreciation rights. Share-based payments to employees, including grants of employee stock options, are recognized as compensation expense in the consolidated financial statements based on their fair values. That expense is recognized over the period during which an employee is required to provide services in exchange for the award, known as the requisite service period (usually the vesting period). The Company accounts for stock-based compensation issued to non-employees and consultants in accordance with the provisions of ASC 505-50, Equity – Based Payments to Non-Employees. Measurement of share-based payment transactions with non-employees is based on the fair value of whichever is more reliably measurable: (a) the goods or services received; or (b) the equity instruments issued. The fair value of the share-based payment transaction is determined at the earlier of performance commitment date or performance completion date. Share-based expense was $0 for the six months ending June 30, 2016; $0 for the six months ending June 30, 2015. RECENT ACCOUNTING PRONOUNCEMENTS Except for rules and interpretive releases of the SEC under authority of federal securities laws and a limited number of grandfathered standards, the FASB Accounting Standards Codification (“ASC”) is the sole source of authoritative GAAP literature recognized by the FASB and applicable to the Company. Management has reviewed the aforementioned rules and releases and believes any effect will not have a material impact on the Company's present or future financial statements. We have reviewed the FASB issued Accounting Standard Update (“ASU 2014-10”) and have applied the standard as of the dates during the periods reported. We have reviewed the FASB issued Accounting Standard Update (“ASU 2014-9”). The Company on recognizing revenue in contracts with customers on an effective date after December 31, 2017, will be evaluated as to impact and implemented accordingly. We have reviewed the FASB issued Accounting Standards Update (“ASU”) accounting pronouncements and interpretations thereof that have effectiveness dates during the periods reported and in future periods. The Company has carefully considered the new pronouncements that alter previous generally accepted accounting principles and does not believe that any new or modified principles will have a material impact on the corporation’s reported financial position or operations in the near term. The applicability of any standard is subject to the formal review of our financial management and certain standards are under consideration.

Note 4. Prepaid Expense

Note 4. Prepaid Expense	6 Months Ended
	Jun. 30, 2016
Notes
Note 4. Prepaid Expense	NOTE 4. PREPAID EXPENSE The Company’s prepaid expense consists of a retainer fee paid the law offices of Clifford J. Hunt, P.A. of $(2,250) retainer and a last month rental fee for a storage facility of $(1,644). The prepaid balance was $3,894 and $3,894, on June 30, 2016 and December 31, 2015, respectively.

Note 5. Investments - Mineral R

Note 5. Investments - Mineral Rights	6 Months Ended
	Jun. 30, 2016
Notes
Note 5. Investments - Mineral Rights	NOTE 5. INVESTMENTS – MINERAL RIGHTS June 30, 2016 December 31, 2015 Allsopp Properties: Mineral Rights acquired in the Kirkland Lake Gold’s Macassa mine Complex Ontario Canada. Consists of 1,680 acres Exploration costs of $50,000 annually for the first two years of the agreement are required to meet contractual commitments and have been incurred by December 2015. $ 9,222 $ 9,222

Note 6. Intangible Assets

Note 6. Intangible Assets	6 Months Ended
	Jun. 30, 2016
Notes
Note 6. Intangible Assets	NOTE 6. INTANGIBLE ASSET The Company owns a license in Good2Drive for $155,000, which also includes Good2Roll and Good2Pilot, it is a smartphone application that establishes a baseline to test driver’s alertness.

Note 7. Notes Payable

Note 7. Notes Payable	6 Months Ended
	Jun. 30, 2016
Notes
Note 7. Notes Payable	NOTE 7. NOTES PAYABLE June 30, 2016 December 31, 2015 Glenn Grant, CEO, President and director to the Company executed a demand note with the Company. The note carries an Eight percent (8%) annual percentage rate. Accrued interest at June 30, 2016 and December 31, 2015 was $4,896 and $2,168, respectively. On April 15, 2016 the demand note was converted for 3,096,583common shares at a fair market price of $0.35 per share. $ 0 $ 77,104 New Opportunity Business Solutions, Inc., a non-related party for consulting services to the Company. Atacama Resources International, Inc. (ARII) is a client of New Opportunity Business Solutions, Inc. The original amount of the note payable was $199,800. The note states a 10% interest rate with no set maturity date and is due on demand. Payment of principal and interest is due on demand and is not contingent. However to the extent that the Company incurs expense to accomplish the goal of the consulting agreement, the obligation of the company shall be reduced an equal amount. The note is as support for the consulting fee which was owed by ARII but not paid as required. Accrued interest at June 30, 2016 and December 31, 2015 was $69,418 and $57,185, respectively. 143,880 199,800 Total notes payable $ 143,880 $ 276,984 Current portion $ 143,880 $ 276,984

Note 8. Income Taxes

Note 8. Income Taxes	6 Months Ended
	Jun. 30, 2016
Notes
Note 8. Income Taxes	NOTE 8. INCOME TAXES At December 31, 2015, the Company had a net operating loss carry–forward for Federal income tax purposes that may be offset against future taxable income through 2032 No tax benefit has been reported with respect to these net operating loss carry-forwards in the accompanying financial statements because the Company believes that the realization of the Company’s net deferred tax assets calculated at the effective rates note below, was not considered more likely than not and accordingly, the potential tax benefits of the net loss carry-forwards are fully offset by the valuation allowance. Deferred tax assets consist primarily of the tax effect of NOL carry-forwards. The Company has provided a full valuation allowance on the deferred tax assets because of the uncertainty regarding its realizability. The tax effects of the temporary differences between reportable consolidated financial statement income and taxable income are recognized as deferred tax assets and liabilities. In assessing the realizability of deferred tax assets, management considers whether it is more likely than not that some portion or all of the deferred tax assets will not be realized. The ultimate realization of deferred tax assets is dependent upon the generation of future taxable income during the periods in which those temporary differences become deductible. Management considers the scheduled reversal of deferred tax liabilities, projected future taxable income and tax planning strategies in making this assessment. For the period ending June 30, 2016 and for the year ended December 31, 2015, the Company has net operating losses from operations. The carry forwards expire through the year 2032. The Company’s net operating loss carry forward may be subject to annual limitations, which could reduce or defer the utilization of the losses as a result of an ownership change as defined in Section 382 of the Internal Revenue Code. A valuation allowance has been applied due to the uncertainty of realization. The Company is currently open to audit under the statute of limitations by the Internal Revenue Service for the period from inception ended December 31, 2013 through the year ended December 31, 2015. The Company recognizes interest and penalties related to income taxes in income tax expense. The Company had incurred no penalties and interest through the year ended December 31, 2015.

Note 9. Shareholders' Equity

Note 9. Shareholders' Equity	6 Months Ended
	Jun. 30, 2016
Notes
Note 9. Shareholders' Equity	NOTE 9. SHAREHOLDERS’ EQUITY The Company, through approval of its Board of Directors, authorized common shares of 500,000,000 with a par value of $0.0001. COMMON STOCK On January 27, 2016, the Company issued 25,000 shares at $0.10 per share to Ben Stewart, a non-related party for $2,500. On March 4, 2016, the Company issued 100,000 shares at $0.10 per share to Kort Clair, a non-related party for $10,000 and 100,000 shares at $0.10 per share to Karen Clair, a non-related party for $10,000. On March 8, 2016, the Company issued 266,667 shares at $0.04 per share to Don Swartz, a non-related party for $10,000 and 100,000 shares at $0.05 per share to Shawn Rich, a non-related party for $5,000. On April 5, 2016, the Company issued 500,000 shares at $0.10 per share to Barbara Bush, a non-related party for $50,000. On April 15, 2016, the Company accepted the conversion of debt to acquire shares from the following related parties; Glen Grant, CEO and director 472,865 shares at $0.035 per share, 1172321 Alberta Ltd. 924,000 shares at $0.035 per share; Bower Solutions Ltd. 3,096,583 shares at $0.035 per share. On April 26, 2016, the Company issued 1,000,000 shares at $0.05 per share to Barbara Bush, a non-related party for $50,000. May 1, 2016, the Company issued 5,600,000 shares at $0.10 per share to ALPCO, a non-related party for $56,000. On May 9, 2016 the Company issued 2,000 shares at $0.10 per share to Dillan Leman, a non-related party for $200; 1,000 shares at $0.10 per share to Sharon Adair, a non-related party for $100, 1,000 shares at $0.10 per share to Howard Adair, a non-related party for $100; 5,000 shares at $0.10 per share to Heather Bujold, a non-related party for $500; 5,000 shares at $0.10 per share to Karen Gariepy, a non-related party for $500. On June 15, 2016, the Company issued 200,000 shares at $0.05 per share to Kort Clair, a non-related party for $10,000 and 200,000 shares at $0.05 per share to Karen Clair, a non-related party for $10,000. On June 16, 2016, the Company issued 100,000 shares at $.010 per share and 100,000 shares at $0.0001 per share to Ian Waddell, a non-related party for $10,000. On June 30, 2016, the Company issued 40,000 shares at $0.05 per share to Ed Taylor, a non-related party for $2,000. There were 127,107,449 shares of common stock issued and outstanding at June 30, 2016.

Note 10. Related Party Transact

Note 10. Related Party Transactions	6 Months Ended
	Jun. 30, 2016
Notes
Note 10. Related Party Transactions	NOTE 10. RELATED PARTY TRANSACTIONS DUE TO RELATED PARTIES During the six months ended June 30, 2016, Glenn Grant, CEO and director paid certain expenses on behalf of the Company and is due reimbursement. As of June 30, 2016, the balance due to the related party was $0. On April 15, 2016, the balance due to Glenn Grant, CEO was $16,550 and was converted for 472,865 common shares at a fair market price of $0.35 per share. During the six month ended June 30, 2016, Richard Roy, CFO and director paid for certain operating expenses on behalf of the Company and is due reimbursement. As of June 30, 2016, the balance due to the related party was $1,030. During the six months ended June 30, 2016, 1172321 Alberta Ltd., a company owned by Glenn Grant, CEO and an advisor to the Company, contributed $32,340 for certain operating expenses and is due reimbursement. On April 15, 2016, $32,340 was converted for 924,000 common shares of the Company at a fair market price of $0.35 per share. NOTE PAYABLE On December 4, 2014, Bower Solutions Ltd., a company owned by Glenn Grant, CEO and an advisor to the Company, executed a demand note with the Company. The note carries an Eight percent (8%) annual percentage rate. The balance of the related party note, as of June 30, 2016 and December 31, 2015, were $0 and $77,104, respectively. On April 15, 2016, the balance due to Bower Solutions Ltd. was $108,380 and was converted for 3,096,583 common shares at a fair market price of $0.35 per share. ACQUISITION In December 2015, the Company purchased 100% of Good2Drive LLC in exchange for cash and common stock of Atacama Resources International Inc. The total cost of the acquisition is $155,000. The negotiation and acquisition was directed by Dan Finch, COO of Atacama Resources International Inc., who held a five (5%) interest in Good2Drive LLC. EQUITY TRANSACTIONS On April 15, 2016, through approval of its Board of Directors, the Company accepted the conversion of debt to acquire shares from the following related parties; Glen Grant, CEO and director 472,865 shares at $0.035 per share, 1172321 Alberta Ltd. 924,000 shares at $0.035 per share; Bower Solutions Ltd. 3,096583 shares at $0.035 per share.

Note 11. Commitments and Contin

Note 11. Commitments and Contingencies	6 Months Ended
	Jun. 30, 2016
Notes
Note 11. Commitments and Contingencies	NOTE 11. COMMITMENTS AND CONTINGENCIES There are no commitments and contingencies of the Company as of June 30, 2016. All exploration commitments per Investment – Mineral Rights Agreement have been met by December 2015.

Note 12. Warrants and Options

Note 12. Warrants and Options	6 Months Ended
	Jun. 30, 2016
Notes
Note 12. Warrants and Options	NOTE 12. WARRANTS AND OPTIONS There are no warrants or options outstanding to acquire any additional shares of common stock of the Company as of June 30, 2016.

Subsequent Events

Subsequent Events	6 Months Ended
	Jun. 30, 2016
Notes
Subsequent Events:	NOTE 13. SUBSEQUENT EVENTS Management has evaluated subsequent events through the date the consolidated financial statements were issued. On July 8, 2016, the company entered into an agreement with CJP Exploration Inc. for the exclusive mining claims on five (5) selected properties. A fee of $3,588 was paid to CJP Exploration Inc. for further exploration of these properties. No additional shares have been issued by the Company subsequent to June 30, 2016.

Note 3. Summary of Significan19

Note 3. Summary of Significant Accounting Policies: FINANICAL STATEMENTS (Policies)	6 Months Ended
	Jun. 30, 2016
Policies
FINANICAL STATEMENTS	UNAUDITED INTERIM FINANICAL STATEMENTS The accompanying unaudited consolidated financial statements have been prepared in accordance with generally accepted accounting principles in the United States of America for interim financial information and with the instructions to Form 10-Q and Regulation S-X. Accordingly, the consolidated financial statements do not include all of the information and footnotes required by generally accepted accounting principles. For complete financial statements please refer to our 2015 Annual Report on Form 10-K, filed on April 21, 2016. In the opinion of management, all adjustments consisting of normal recurring entries necessary for a fair statement of the periods presented for: (a) the financial position; (b) the result of operations; and (c) cash flows, have been made in order to make the consolidated financial statements presented not misleading. The results of operations for such interim periods are not necessarily indicative of operations for a full year.

Note 3. Summary of Significan20

Note 3. Summary of Significant Accounting Policies: BASIS OF PRESENTATION AND USE OF ESTIMATES (Policies)	6 Months Ended
	Jun. 30, 2016
Policies
BASIS OF PRESENTATION AND USE OF ESTIMATES	BASIS OF PRESENTATION AND USE OF ESTIMATES The Company prepares its consolidated financial statements in conformity with accounting principles generally accepted in the United States of America ("GAAP"), which require management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements, and reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.

Note 3. Summary of Significan21

Note 3. Summary of Significant Accounting Policies: CASH AND CASH EQUIVALENTS (Policies)	6 Months Ended
	Jun. 30, 2016
Policies
CASH AND CASH EQUIVALENTS	CASH AND CASH EQUIVALENTS The Company considers all highly liquid investments with an original maturity of three months or less at the date of acquisition to be cash equivalents. Cash and cash equivalents totaled $1,430 at June 30, 2016 and $8,477 at December 31, 2015.

Note 3. Summary of Significan22

Note 3. Summary of Significant Accounting Policies: CASH FLOWS REPORTING (Policies)	6 Months Ended
	Jun. 30, 2016
Policies
CASH FLOWS REPORTING	CASH FLOWS REPORTING The Company follows ASC 230, Statement of Cash Flows, for cash flows reporting, classifies cash receipts and payments according to whether they stem from operating, investing, or financing activities and provides definitions of each category, and uses the indirect or reconciliation method (“Indirect method”) as defined by ASC 230, Statement of Cash Flows, to report net cash flow from operating activities by adjusting net income to reconcile it to net cash flow from operating activities by removing the effects of (a) all deferrals of past operating cash receipts and payments and all accruals of expected future operating cash receipts and payments and (b) all items that are included in net income that do not affect operating cash receipts and payments. The Company reports the reporting currency equivalent of foreign currency cash flows, using the current exchange rate at the time of the cash flows and the effect of exchange rate changes on cash held in foreign currencies is reported as a separate item in the reconciliation of beginning and ending balances of cash and cash equivalents and separately provides information about investing and financing activities not resulting in cash receipts or payments in the period.

Note 3. Summary of Significan23

Note 3. Summary of Significant Accounting Policies: EXPLORATION AND DEVELOPMENT COSTS (Policies)	6 Months Ended
	Jun. 30, 2016
Policies
EXPLORATION AND DEVELOPMENT COSTS	EXPLORATION AND DEVELOPMENT COSTS Costs of acquiring mining properties and any exploration and development costs are expensed as incurred unless proven and probable reserves exist and the property is a commercially mineable property in accordance with FASB ASC 930, Extractive Activities – Mining. Mine development costs incurred either to develop new gold and silver deposits, expand the capacity of operating mines, or to develop mine areas substantially in advance of current production are capitalized. Costs incurred to maintain current production or to maintain assets on a standby basis are charged to operations. Costs of abandoned projects are charged to operations upon abandonment. The Company evaluates at least quarterly, the carrying value of capitalized mining costs and related property, plant and equipment costs, if any, to determine if these costs are in excess of their net realizable value and if a permanent impairment needs to be recorded. The periodic evaluation of carrying value of capitalized costs and any related property, plant and equipment costs are based upon expected future cash flows and/or estimated salvage value. The Company capitalizes costs for mining properties by individual property and defers such costs for later amortization only if the prospects for economic productions are reasonably certain. Capitalized costs are expensed in the period when the termination has been made that economic production does not appear reasonably certain. During the six months ending June 30, 2016 and 2015, the Company recorded exploration costs of $13,190 and $4,079, respectively.

Note 3. Summary of Significan24

Note 3. Summary of Significant Accounting Policies: RELATED PARTIES (Policies)	6 Months Ended
	Jun. 30, 2016
Policies
RELATED PARTIES	RELATED PARTIES The Company follows ASC 850, “Related Party Disclosures,” for the identification of related parties and disclosure of related party transactions. Related party transactions are summarized in Note 7.

Note 3. Summary of Significan25

Note 3. Summary of Significant Accounting Policies: FINANCIAL INSTRUMENTS (Policies)	6 Months Ended
	Jun. 30, 2016
Policies
FINANCIAL INSTRUMENTS	FINANCIAL INSTRUMENTS The Company’s consolidated balance sheet includes certain financial instruments. The carrying amounts of current assets and current liabilities approximate their fair value because of the relatively short period of time between the origination of these instruments and their expected realization. ASC 820, Fair Value Measurements and Disclosures, defines fair value as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. ASC 820 also establishes a fair value hierarchy that distinguishes between (1) market participant assumptions developed based on market data obtained from independent sources (observable inputs) and (2) an entity’s own assumptions about market participant assumptions developed based on the best information available in the circumstances (unobservable inputs). The fair value hierarchy consists of three broad levels, which gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1) and the lowest priority to unobservable inputs (Level 3). The three levels of the fair value hierarchy are described below: Level 1 - Unadjusted quoted prices in active markets that are accessible at the measurement date for identical, unrestricted assets or liabilities Level 2 - Inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly, including quoted prices for similar assets or liabilities in active markets; quoted prices for identical or similar assets or liabilities in markets that are not active; inputs other than quoted prices that are observable for the asset or liability (e.g., interest rates); and inputs that are derived principally from or corroborated by observable market data by correlation or other means. Level 3 - Inputs that are both significant to the fair value measurement and unobservable. Fair value estimates discussed herein are based upon certain market assumptions and pertinent information available to management as of June 30, 2016 and December 31, 2015. The respective carrying value of certain on-balance-sheet financial instruments approximated their fair values due to the short-term nature of these instruments.

Note 3. Summary of Significan26

Note 3. Summary of Significant Accounting Policies: REVENUE RECOGNITION (Policies)	6 Months Ended
	Jun. 30, 2016
Policies
REVENUE RECOGNITION	REVENUE RECOGNITION The Company follows ASC 605, Revenue Recognition. The Company recognizes revenue when it is realized or realizable and earned. The Company considers revenue realized or realizable and earned when all of the following criteria are met: (i) persuasive evidence of an arrangement exists, (ii) the product has been shipped or the services have been rendered to the customer, (iii) the sales price is fixed or determinable, and (iv) collectability is reasonably assured. The Company derives revenue from consulting arrangements with clients. Revenue is generated by hourly fee structure or fixed contract costs, based on expected time to complete, additionally, costs incurred may be billed, as defined by the contractual arrangements.

Note 3. Summary of Significan27

Note 3. Summary of Significant Accounting Policies: DEFERRED INCOME TAXES AND VALUATION ALLOWANCE (Policies)	6 Months Ended
	Jun. 30, 2016
Policies
DEFERRED INCOME TAXES AND VALUATION ALLOWANCE	DEFERRED INCOME TAXES AND VALUATION ALLOWANCE The Company accounts for income taxes under ASC 740, Income Taxes. Under the asset and liability method of ASC 740, deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the consolidated financial statements carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period the enactment occurs. A valuation allowance is provided for certain deferred tax assets if it is more likely than not that the Company will not realize tax assets through future operations. No deferred tax assets or liabilities were recognized as of June 30, 2016 or December 31, 2015.

Note 3. Summary of Significan28

Note 3. Summary of Significant Accounting Policies: NET INCOME (LOSS) PER COMMON SHARE (Policies)	6 Months Ended
	Jun. 30, 2016
Policies
NET INCOME (LOSS) PER COMMON SHARE	NET INCOME (LOSS) PER COMMON SHARE Net income (loss) per share is calculated in accordance with ASC 260, “Earnings Per Share.” The weighted-average number of common shares outstanding during each period is used to compute basic earning or loss per share. Diluted earnings or loss per share is computed using the weighted average number of shares and diluted potential common shares outstanding. Dilutive potential common shares are additional common shares assumed to be exercised. Basic net income (loss) per common share is based on the weighted average number of shares of common stock outstanding at June 30, 2016 and December 31, 2015. As of June 30, 2016, the Company had no dilutive potential common shares.

Note 3. Summary of Significan29

Note 3. Summary of Significant Accounting Policies: SHARE-BASED EXPENSE (Policies)	6 Months Ended
	Jun. 30, 2016
Policies
SHARE-BASED EXPENSE	SHARE-BASED EXPENSE ASC 718, Compensation – Stock Compensation, prescribes accounting and reporting standards for all share-based payment transactions in which employee services are acquired. Transactions include incurring liabilities, or issuing or offering to issue shares, options, and other equity instruments such as employee stock ownership plans and stock appreciation rights. Share-based payments to employees, including grants of employee stock options, are recognized as compensation expense in the consolidated financial statements based on their fair values. That expense is recognized over the period during which an employee is required to provide services in exchange for the award, known as the requisite service period (usually the vesting period). The Company accounts for stock-based compensation issued to non-employees and consultants in accordance with the provisions of ASC 505-50, Equity – Based Payments to Non-Employees. Measurement of share-based payment transactions with non-employees is based on the fair value of whichever is more reliably measurable: (a) the goods or services received; or (b) the equity instruments issued. The fair value of the share-based payment transaction is determined at the earlier of performance commitment date or performance completion date. Share-based expense was $0 for the six months ending June 30, 2016; $0 for the six months ending June 30, 2015.

Note 3. Summary of Significan30

Note 3. Summary of Significant Accounting Policies: RECENT ACCOUNTING PRONOUNCEMENTS (Policies)	6 Months Ended
	Jun. 30, 2016
Policies
RECENT ACCOUNTING PRONOUNCEMENTS	RECENT ACCOUNTING PRONOUNCEMENTS Except for rules and interpretive releases of the SEC under authority of federal securities laws and a limited number of grandfathered standards, the FASB Accounting Standards Codification (“ASC”) is the sole source of authoritative GAAP literature recognized by the FASB and applicable to the Company. Management has reviewed the aforementioned rules and releases and believes any effect will not have a material impact on the Company's present or future financial statements. We have reviewed the FASB issued Accounting Standard Update (“ASU 2014-10”) and have applied the standard as of the dates during the periods reported. We have reviewed the FASB issued Accounting Standard Update (“ASU 2014-9”). The Company on recognizing revenue in contracts with customers on an effective date after December 31, 2017, will be evaluated as to impact and implemented accordingly. We have reviewed the FASB issued Accounting Standards Update (“ASU”) accounting pronouncements and interpretations thereof that have effectiveness dates during the periods reported and in future periods. The Company has carefully considered the new pronouncements that alter previous generally accepted accounting principles and does not believe that any new or modified principles will have a material impact on the corporation’s reported financial position or operations in the near term. The applicability of any standard is subject to the formal review of our financial management and certain standards are under consideration.

Note 5. Investments - Mineral31

Note 5. Investments - Mineral Rights: Investment (Tables)	6 Months Ended
	Jun. 30, 2016
Tables/Schedules
Investment	June 30, 2016 December 31, 2015 Allsopp Properties: Mineral Rights acquired in the Kirkland Lake Gold’s Macassa mine Complex Ontario Canada. Consists of 1,680 acres Exploration costs of $50,000 annually for the first two years of the agreement are required to meet contractual commitments and have been incurred by December 2015. $ 9,222 $ 9,222

Note 3. Summary of Significan32

Note 3. Summary of Significant Accounting Policies: CASH AND CASH EQUIVALENTS (Details) - USD ($)	Jun. 30, 2016	Dec. 31, 2015
Details
Cash and cash equivalents	$ 1,430	$ 8,477

Note 3. Summary of Significan33

Note 3. Summary of Significant Accounting Policies: EXPLORATION AND DEVELOPMENT COSTS (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Details
Exploration cost	$ 0	$ 3,748	$ 13,190	$ 4,079

Note 3. Summary of Significan34

Note 3. Summary of Significant Accounting Policies: SHARE-BASED EXPENSE (Details) - USD ($)	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
Details
Allocated Share-based Compensation Expense	$ 0	$ 0

Note 4. Prepaid Expense (Detail

Note 4. Prepaid Expense (Details) - USD ($)	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015
Details
Prepaid expense	$ 0	$ (2,250)
Operating Leases, Rent Expense		$ (1,644)
Prepaid expense	$ 3,894		$ 3,894

Note 5. Investments - Mineral36

Note 5. Investments - Mineral Rights: Investment (Details) - USD ($)	Jun. 30, 2016	Dec. 31, 2015
Details
Allsop Properties: Mineral Rights Acquired	$ 9,222	$ 9,222

Note 6. Intangible Assets (Deta

Note 6. Intangible Assets (Details)	Dec. 10, 2015USD ($)
Details
Value of Shares Issued to Engaged Mobility LLC	$ 155,000

Note 7. Notes Payable (Details)

Note 7. Notes Payable (Details) - USD ($)	Jun. 30, 2016	Dec. 31, 2015
Details
Secured Demand Notes	$ 0	$ 77,104
Non-related party note payable	143,880	199,800
Total notes payable	143,880	276,984
Current portion	$ 143,880	$ 276,984

Note 9. Shareholders' Equity (D

Note 9. Shareholders' Equity (Details) - USD ($)	Jun. 30, 2016	Jun. 16, 2016	Jun. 15, 2016	May 09, 2016	May 01, 2016	Apr. 26, 2016	Apr. 15, 2016	Apr. 05, 2016	Mar. 08, 2016	Mar. 04, 2016	Jan. 27, 2016	Dec. 31, 2015	Aug. 15, 2015
Details
Shares Issued to Ben Stewart											25,000
Shares issued price per share	$ 0.05	$ 0.010	$ 0.05	$ 0.10	$ 0.10	$ 0.05	$ 0.035	$ 0.10	$ 0.04	$ 0.10	$ 0.10
Shares Issued to Kort Clair			200,000							100,000
Shares Issued to Karen Clair			200,000							100,000
Shares Issued to Don Swartz									266,667
Shares Issued to Shawn Rich									100,000
Shares issued price per share		$ 0.0001					$ 0.035		$ 0.05
Shares Issued to Barbara Bush						1,000,000		500,000
Shares Issued to Glenn Grant							472,865
Shares Issued to 1172321 Alberta Ltd.							924,000						924,000
Shares Issued to BOWER Solutions													3,096,583
Shares Issued to ALPCO					5,600,000
Shares Issued to Dillan Leman				2,000
Shares Issued to Sharon Adair				1,000
Shares Issued to Howard Adair				1,000
Shares Issued to Heather Bujold				5,000
Shares Issued to Karen Gariepy				5,000
Shares Issued to Ian Waddell		100,000
Shares Issued to Ian Waddell		100,000
Shares Issued to Ed Taylor	40,000
Common stock, shares issued	127,107,449											114,208,334

Note 10. Related Party Transa40

Note 10. Related Party Transactions (Details) - USD ($)	6 Months Ended
	Jun. 30, 2016	Jun. 16, 2016	Apr. 15, 2016	Mar. 08, 2016	Dec. 31, 2015	Aug. 15, 2015
Details
Increase (Decrease) in Due to Related Parties	$ 0
Related Party Tax Expense, Due to Affiliates, Current	1,030
NOTE PAYABLE RELATED PARTY	$ 0				$ 77,104
Shares Issued to Glenn Grant			472,865
Shares issued price per share		$ 0.0001	$ 0.035	$ 0.05
Shares Issued to 1172321 Alberta Ltd.			924,000			924,000
Shares Issued to Nelson Riis			3,096,583

Subsequent Events (Details)

Subsequent Events (Details)	Jul. 08, 2016USD ($)
Details
Fee paid to CJP Exploration Inc. for mining claims	$ 3,588