Globaltek Ventures, Inc. has filed a Current Report on Form 8-K disclosing significant governance and accounting issues. The company, formerly known as Ameritek Ventures, Inc., reported that its independent registered public accounting firm, Bansal & Co. LLP, notified the company of its resignation effective September 10, 2026. The resignation was attributed to a Nevada District Court order issued on August 11, 2026.
The August 11, 2026 order determined that the Company's Custodian was improperly appointed and declared all related party transactions void ab initio. As a result of this finding, the company lacked a board of directors, officers, or a custodian from August 11, 2026, until October 12, 2026. On October 12, 2026, Jacob Sherman was appointed as the new Custodian of the Company.
Bansal & Co. LLP has advised that its previously issued audit reports for the fiscal years ended December 31, 2019, through December 31, 2025, and subsequent interim periods, should no longer be relied upon. The firm concluded that the Nevada District Court order materially adversely affected the reliability of these financial statements and audit reports. Bansal has withdrawn its consent to the use of these prior reports and has recalled them.
The filing details two specific reportable events cited by Bansal. First, the firm became aware that Dr. Shaun Passley was never properly appointed as a director or officer of the company. Second, the firm concluded that the Order materially affects the reliability of the previously issued financial statements, a conclusion that was not resolved at the time of the resignation.
Bansal’s reports for the fiscal years ended December 31, 2025 and 2024, and the report dated March 31, 2025, contained no adverse opinions or qualifications regarding uncertainty, audit scope, or accounting principles. However, the firm has advised that these specific reports should no longer be relied upon due to the Order. Bansal has not performed audit procedures or issued any reports for the fiscal quarter ended September 30, 2026, or the fiscal year ended December 31, 2026.
Globaltek Ventures, Inc. is proposing to reappoint Bansal & Co. LLP as its independent registered public accounting firm going forward. The company has authorized Bansal to respond to inquiries from a successor firm regarding the subject matter of the reportable events.
