Harnessing the Grid

CHAIN OF EVENTS CERTIFYING TRUST EXPENSES
& ATLAS MONETARY INTERNATIONALTRUST OPERATING PLAN FOR 2009


During the past twenty years, the Atlas Monetary International Trust has spent $26,000,000.00 safeguarding, moving and storing Trust assets, and in the course of doing so, has encountered numerous problems and setbacks due to individuals, many of whom were former Trustees, bankers and attorneys representing the Trust, who acted disingenuously and in their own self-interest.

The Trust has been trying over and over again to acquire a bank and/or financial institution with a banking license and a depository vault under its own control where the numerous assets of the Trust could be secure.

This Chain of Events briefly outlines efforts that I have made in good faith in that regard as the Irrevocable Trustee of the Atlas Monetary International Trust; which failed due to the selfish interests of Trustees, agents and fiduciaries who placed their own greed before that of the Trust.

[1] In 1991, Jim Brown was made a Trustee of the Atlas Monetary International Trust in order to straighten out a claim that had arisen under the Bromon Project for an aircraft that was never built. The Atlas Monetary International Trust had made an underwriting commitment guarantee from the Atlas Monetary International Trust Bonds to build an airplane. Jim Brown received $40,000,000.00 from General Electric Credit Corporation; $40,000,000.00 from the Commonwealth of Puerto Rico, and then I brought in another $5,000,000.00, for a total of $85,000,000.00. No aircraft, not even a fuselage, was ever built. General Electric Credit Corporation was repaid in full in the amount of $40,000,000.00, and we must repay $50,000,000.00 to the Commonwealth of Puerto Rico which includes costs; once we leverage our $500,000,000.00 deposit through the Federal Reserve System after we deposit it into RG Premier Bank.

[2] In 1997, Jim Brown caused a $10,000,000.00 loan through HF Mortgage which was supposed to move the Vancouver and the Quadra floating generators from Oakland, California to Yabucoa, Puerto Rico. This loan went into default, since Mr. Brown allowed Ara Avaness to trick him into signing over and pulling out the $420,000.00 bridge loan placed under the guarantee for the $2,800,000.00 that was supposed to pay off the ships.
The bridge loan was pulled out prematurely when Ara Avaness found out that Weeks Marine verified the funding as a tactic on the part of Joy Huntsman and Ara Avaness to sabotage the project and extract money for their personal gain. When Jim Brown and Ara Avaness stopped the ships from coming to Puerto Rico, it caused the guarantee to be cancelled which created a domino effect under which I was unable to pay the investors back approximately $800,000.00, which was the total debt that I owed at that time, which I personally guaranteed, including the $35,000.00 that I had guaranteed to Jim Brown for his participation in the investment from my half of the $2,800,000.00, or $1,400,000.00; which I would have received from the $10,000,000.00 loan once the two ships arrived in Puerto Rico. Not only that, had the ships arrived without the bridge loan being sabotaged, they would have been hooked up to the electric grid, and would have been producing in excess of $600,000.00 a month in income to the Trust from the sale of electricity.

[3] Jim Brown was also responsible for the loss of the Ming Dynasty Sword, in the amount of $580,000.00, because he and the late Trustee Harold Johnson released the sword to Billy Shinkle without my permission or consent. Jim Brown has been removed as a Trustee of the Atlas Monetary International Trust following these findings and adjudications, and for violating Trust confidentiality by responding to an illegal subpoena by the Securities & Exchange Commission without notifying me.

[4] In 2001-2002, Trust Attorney Edwin Gutierrez flew back and forth to Zurich, Switzerland; confirming Trust assets held at UBS (Union Bank of Switzerland). At his request, I leased the former Citibank Building in Miramar, Puerto Rico; and placed Edwin Gutierrez there in order to secure a banking license. Edwin Gutierrez used the bank as his law office, and never secured any license. The former Chief Information Officer at that time, John Herbig, played canasta on his computer all day and did nothing for the Trust; in fact, while there he took a large sum of money under false pretenses from Trustee Bob Andes. The Miramar Bank cost the Trust over $150,000 in expenses, including rent, salaries and attorney’s fees.

[5] In 2003, Trustee Miguel “Mickey” Hernandez caused me to lease a bank on Calle Tetuan in Old San Juan under the name “Latin American Mortgage.” However, a mortgage company in Puerto Rico is unable to obtain a banking license, and after six months, that bank had to be vacated at an expense of $75,000.

[6] In 2005, over a million dollars was lost due to the actions of former Trustee Guy Higgley in Ogden, Utah; who took Trust assets under false pretenses to build a smelting facility where not even one prototype was developed.

[7] In 2007, the Trustees were flown to Puerto Rico at my expense where an unsuccessful bid for Doral Bank was made. As this was a public company, we were not given proper legal advice by our attorneys as to filing deadlines for our offer. Doral Bank had refused to honor the $500,000,000.00 deposit which was made into Cataño Savings & Loan Association in 1960 by Howard Hughes on behalf of our Trust; Jimmy Hoffa on behalf of the International Brotherhood of Teamsters; and Carlos Rivera of Certified Grocers. The Trust had attempted and failed to gain control of Doral Bank for the purpose of compelling them to honor the Cataño Savings & Loan Certificate of Deposit due to bad legal advice.

[8] In late 2007, the Trust tried to acquire RG Financial Corporation through the assistance of former Trustee Mickey Hernandez, which failed when RG Premier Bank in Guaynabo refused to accept the deposits of the Trustees under false pretenses due to Bank Manager Victor Rosa. Mickey Hernandez worked in the mortgage division of RG Premier Bank at Casselberry, Florida at the time; and was removed from his position when the Florida division of RG Premier Bank was shut down.

[9] Further in February 2008, the Trust tried to lease the Old San Juan bank building under the name of Atlas International Bank. This attempt was derailed by Attorney Edwin Gutierrez because he was receiving a commission of $10,000.00 from our present landlord, Jack Semanaz, for steering us away from that building and toward the present lease at 1105 Roosevelt Avenue. Jack Semanaz has confirmed the $10,000.00 commission payment to Edwin Gutierrez, who had made his own client, Bob Andes, responsible as a guarantor for the payment of the lease between Jack Semanaz and the Trust.

[10] Between April and July of 2008, the services of Attorney Jorge Lora Longoria, of 128 Isabel Andreu Aguilar, San Juan, Puerto Rico 00918 were retained by the Trust, applying for an International Banking License under the name “Atlas International Bank”. Mr. Longoria requested that the Trust issue a certified check in the amount of $5,000.00 as an “application fee” for the banking license, and also demanded a cash payment of $5,000.00 for legal services; which was paid out of Atlas Holdings Corporation. Mr. Longoria never secured any banking license, nor did he ever return any of the money.

[11] When that initiative failed, the services of Felipe Neri Piovanetti-Garcia of Post Office Box 190682, San Juan, Puerto Rico 00919-0682 were retained; and he too failed to provide the Atlas International Bank with an International Banking License.

[12] In October 2008, Trustee Kevin Chambers began a series of negotiations with Mr. Victor Galan for the purchase of a 51%+ interest in the shares held by Mr. Galan in RG Premier Bank, and used the strength of his company, Universal Systems to negotiate for the acquisition of the bank through the purchase of the shares of the majority shareholder. However, Universal Systems, Inc. had no certified balance sheet. When I demanded that they issue a certified balance sheet to the Trust, in spite of the fact that they had failed to disclose one to the Securities & Exchange Commission, it was revealed that their balance sheet consisted of an asset valued at $102,000,000 in underwater cable at the bottom of the ocean in international waters which no one had laid claim to. Kevin Chambers cited the fact that the asset was guaranteed by a $52,000,000 debenture bond issued by former Trustee Jimmy Driver; and when Jimmy Driver disclosed that the $52,000,000 debenture bond was a bond issued under the name of the Atlas Monetary International Trust without my authorization or permission, and that said bond was further not backed by any gold, since Jimmy Driver recanted that he had ever seen any gold to back said bond; the negotiations with RG Financial Corporation fell through, since it was abundantly clear that Universal Systems was attempting to defraud RG Premier Bank with non-existent assets that were not verifiable. I filed a complaint with the Securities and Exchange Commission on behalf of the Trust, requesting that they investigate the matter. However, Jerry Kaufman, the attorney for Kevin Chambers, Jimmy Driver and Universal Systems (all of which was a conflict of interest) convinced S.E.C. Staff Attorney Coates Lear to begin an investigation into the Trust and myself, in spite of the fact that the Atlas Monetary International Trust is a private trust which in no way falls under the jurisdiction of their agency. The S.E.C. then issued illegal subpoenas by regular mail instead of via process servers or registered mail, and no subpoenas were ever signed by a federal judge or magistrate, according to the Federal Rules of Civil Procedure. The Trust is preparing to file a multi-million dollar defamation suit against Universal Systems, Kevin Chambers, Jimmy Driver, Jerry Kaufman, the U.S. Securities & Exchange Commission, Staff Attorney Coates Lear, and General Motors (who relied upon defamatory statements against the Trust published on their web site and issued by Attorney Jerry Kaufman), which shall seek to recover $100,000,000 in compensatory and punitive damages, and $100,000.00 per day since December 22nd, 2008 for ongoing expenses maintaining the security and safety of Trust assets pending the acquisition of the bank.

The $26,000,000.00 in Trust expenses for logistics, security, and legal costs is now hereby certified in the records of the Atlas Monetary International Trust.

The Trust has engaged its legal counsel in Puerto Rico to handle all matters regarding the above-referenced litigation concerning Universal Systems, Inc; the Securities & Exchange Commission, and General Motors, and their agents and co-conspirators.


ATLAS MONETARY INTERNATIONAL TRUST
PLAN OF OPERATIONS FOR 2009


The offices of the Atlas Monetary International Trust shall serve as the principal office of RG Premier Bank once RG Premier Bank has been acquired by the Trust through the acquisition of the shares of Mr. Victor Galan and the second largest principal shareholder, represented by Mr. Cándido Oliveras-Rodriguez. The current office will be open twenty-four hours a day for depository and private international banking business and will be staffed by our security forces on a round-the-clock basis.

The principal banking and depository office will also be the location where applications for memberships will be taken for the Atlas Triple Crown Investment Program during normal business hours. The business model will be fashioned after the one which was supposed to function at the Howard Hughes Depository Vault at 2929 South Maryland Parkway in Las Vegas; but will now be conducted and run from 1105 Roosevelt Avenue in Puerto Rico until such time that the Las Vegas vault can be acquired after the Trust owns RG Financial Corporation.

The first order of business once RG Financial Corporation is acquired by the Trust will be the purchase of the Roosevelt Roads Naval Station.

It is so ordered.



____________________________
Andrew J. Cipollo
Irrevocable Trustee