Organization, Consolidation and Presentation of Financial Statements Disclosure	6 Months Ended
Jun. 30, 2026
Notes
Organization, Consolidation and Presentation of Financial Statements Disclosure	1. GENERAL ORGANIZATION AND BUSINESS GlobalTek Ventures, Inc. (formerly Ameritek Ventures, Inc.; “GlobalTek” or the “Company”) is a Nevada corporation organized in 2010. Its name was changed on April 16, 2026 by its then custodian; the Order described in Note 2 directs that no charter documents be amended pending the appointment of a neutral, and the validity of the name change and of the 2025 increase in authorized common stock has not been determined. The common stock is quoted on the OTC Markets under the symbol ATVK. The Company’s only revenue-producing activity is the rental of furnished condominiums in Chicago, Illinois through Chicago Real Estate Partners, LLC, begun in the third quarter of 2025. Its former software business (Ecker Capital, LLC) was sold in October 2024 and Galaxy Batteries, Inc. was purchased in August 2025; both transactions were declared void by the Order (Note 6). Its other subsidiaries (AeroPass, Augumum, CordTell, Equock and WeeBeeO, Inc. of Indiana and DittoMask, Inc. of Wyoming) have no operations. Ecker Capital, LLC is not consolidated because its membership interests have not been returned to the Company. The Company has had no directors or officers since August 11, 2026. Jacob Sherman, appointed successor custodian on October 6, 2026, is authorized by the Court to act as principal executive and principal financial officer for the Company’s Exchange Act reports (Note 16); he held no position with the Company during the periods presented and prepared these financial statements from the records delivered to him. *Going concern* The accompanying consolidated financial statements have been prepared assuming that the Company will continue as a going concern. As of June 30, 2026, the Company had cash of $29,328, current liabilities of $2,192,354, current assets of $30,815, a working capital deficit of $2,161,539 and a stockholders’ deficit of $1,157,138. The Company generated operating revenue of $11,706, incurred a net loss of $732,925 and used $101,217 of cash in operating activities during the six months ended June 30, 2026, and has relied on related-party financing and other external sources of liquidity to fund operations. Current liabilities include $576,706 due to Meridian Pacific Holdings, LLC, which the Court has allowed and on which interest continues to accrue, and $1,573,294 of advances from affiliates of the former custodian, which cannot be expected to continue. The Company has no directors or officers and its affairs are subject to the supervision of the Court. These conditions raise substantial doubt about the Company’s ability to continue as a going concern within one year after the date these consolidated financial statements are issued. The successor custodian’s plans include completing the rehabilitation of the Company under the Court’s supervision and nominating an independent board, funding the Company’s reporting obligations under the convertible note from Jennings Family Investments, Inc. approved by the Court on October 15, 2026 (Note 16), generating rental income and reducing expenditure. These plans depend on the Court and on third parties and do not alleviate the substantial doubt. The financial statements do not include any adjustments that might result from the outcome of this uncertainty.

Organization, Consolidation and Presentation of Financial Statements Disclosure

6 Months Ended

Jun. 30, 2026

Organization, Consolidation and Presentation of Financial Statements Disclosure

1. GENERAL ORGANIZATION AND BUSINESS

GlobalTek Ventures, Inc. (formerly Ameritek Ventures, Inc.; “GlobalTek” or the “Company”) is a Nevada corporation organized in 2010. Its name was changed on April 16, 2026 by its then custodian; the Order described in Note 2 directs that no charter documents be amended pending the appointment of a neutral, and the validity of the name change and of the 2025 increase in authorized common stock has not been determined. The common stock is quoted on the OTC Markets under the symbol ATVK.

The Company’s only revenue-producing activity is the rental of furnished condominiums in Chicago, Illinois through Chicago Real Estate Partners, LLC, begun in the third quarter of 2025. Its former software business (Ecker Capital, LLC) was sold in October 2024 and Galaxy Batteries, Inc. was purchased in August 2025; both transactions were declared void by the Order (Note 6). Its other subsidiaries (AeroPass, Augumum, CordTell, Equock and WeeBeeO, Inc. of Indiana and DittoMask, Inc. of Wyoming) have no operations. Ecker Capital, LLC is not consolidated because its membership interests have not been returned to the Company.

The Company has had no directors or officers since August 11, 2026. Jacob Sherman, appointed successor custodian on October 6, 2026, is authorized by the Court to act as principal executive and principal financial officer for the Company’s Exchange Act reports (Note 16); he held no position with the Company during the periods presented and prepared these financial statements from the records delivered to him.

Going concern

The accompanying consolidated financial statements have been prepared assuming that the Company will continue as a going concern. As of June 30, 2026, the Company had cash of $29,328, current liabilities of $2,192,354, current assets of $30,815, a working capital deficit of $2,161,539 and a stockholders’ deficit of $1,157,138. The Company generated operating revenue of $11,706, incurred a net loss of $732,925 and used $101,217 of cash in operating activities during the six months ended June 30, 2026, and has relied on related-party financing and other external sources of liquidity to fund operations. Current liabilities include $576,706 due to Meridian Pacific Holdings, LLC, which the Court has allowed and on which interest continues to accrue, and $1,573,294 of advances from affiliates of the former custodian, which cannot be expected to continue. The Company has no directors or officers and its affairs are subject to the supervision of the Court. These conditions raise substantial doubt about the Company’s ability to continue as a going concern within one year after the date these consolidated financial statements are issued.

The successor custodian’s plans include completing the rehabilitation of the Company under the Court’s supervision and nominating an independent board, funding the Company’s reporting obligations under the convertible note from Jennings Family Investments, Inc. approved by the Court on October 15, 2026 (Note 16), generating rental income and reducing expenditure. These plans depend on the Court and on third parties and do not alleviate the substantial doubt. The financial statements do not include any adjustments that might result from the outcome of this uncertainty.