Globaltek Ventures announces that seven years of its financial statements can no longer be relied upon following a court order voiding its CEO's appointment and all related party transactions.
SEC EDGAR, 2026-10-15: 8-K (Item 4.01, 4.02, 5.02, 7.01, 9.01) — "non-reliance"
Globaltek Ventures announces that seven years of its financial statements can no longer be relied upon following a court order voiding its CEO's appointment and all related party transactions.
Company: Globaltek Ventures, Inc. (ATVK) Filed: October 15, 2026, 8-K (Item 4.01, 4.02, 5.02, 7.01, 9.01) Phrase: "non-reliance" — "Item 4.02 Non-Reliance on Previously Issued Financial Statements or a Related Audit Report or Completed Interim Review" What the filing says: On August 11, 2026, the District Court of Nevada issued an order ruling that the company's Custodian, sole director, CEO, and principal accounting officer was improperly appointed and that all related party transactions involving the company are void ab initio. This order left the company with no directors, officers, or custodian until October 12, 2026, when Jacob Sherman was appointed Custodian. Consequently, the company's independent auditor, Bansal & Co LLP, resigned on September 10, 2026, and advised that its audit reports on the company's consolidated financial statements for the fiscal years ended December 31, 2019 through December 31, 2025, and subsequent interim periods, can no longer be relied upon. Two ways it goes: A. The company successfully appeals the Nevada District Court order or appoints a successor auditor to reconstruct and restate its financial statements. B. The court order stands and the company is unable to resolve its governance vacancy or find an auditor to reissue its financial statements. Next date: none named Watch: Filings regarding the appeal of the Nevada District Court order or the engagement of a successor independent accounting firm.