GlobalTek Ventures, Inc.

What they do

The company, formerly Ameritek Ventures, sold its software holding company (Ecker Capital, LLC) to ZenaTech, Inc. effective October 1, 2024. It acquired Galaxy Batteries, Inc. from Epazz, Inc. on August 14, 2025 and says its current focus is solid-state batteries, adaptive and robotic manufacturing, aerospace services through AeroPass, Inc., and luxury corporate housing through Chicago Real Estate Partners, LLC. It continues to run DittoMask, Inc. only until existing mask inventory is sold and plans to sell CordTell, Inc. and WebBeeO, Inc. to an affiliate.

Revenue drivers

• Legacy software (exited) — Until October 2024 the company was a software company; the Ecker Capital, LLC subsidiary holding Interactive Systems, Inc., interlinkOne, Inc. and ESM Software, Inc. was sold to ZenaTech, Inc., so this revenue stream is no longer part of the business.
• Galaxy Batteries, Inc. (solid-state batteries) — Acquired from related party Epazz, Inc. on August 14, 2025 and named as the company's strategic focus, but the filings provided give no revenue figures for this segment.
• AeroPass, Inc. (aerospace services) — Identified in the business description as part of current operations, but the excerpts provide no revenue or contract detail.
• Chicago Real Estate Partners, LLC (corporate housing) — Formed in the third quarter of 2025, it buys luxury Chicago condominiums and rents them as furnished units; the company bought one condominium for $288,930 in the three months ended March 31, 2026 and had no revenue that quarter.

Recent performance

Revenue has been essentially nil: the company reported no revenue in either the three months ended March 31, 2026 or 2025, and quarterly revenue was $0.00 in the quarters ended March 31, 2025 and September 30, 2025, and $5,419 in the quarter ended March 31, 2026. Annual revenue fell from $1.1M in 2022 to $678,300 in 2024, while net income went from $13.5M in 2024 to -$6.4M in 2025. The 2024 profit and $27.82 diluted EPS appear tied to the ZenaTech share consideration from the software sale, and the 10-Q cites unrealized gains on the ZenaTech investment of about $3 million in the first quarter of 2026. Operating cash flow was $516,601 in 2025 but negative $184,907 in the first quarter of 2026. At March 31, 2026 the company had $26,883 of cash, $3.5M of liabilities and $4.8M of shareholders' equity.

Strategy

Management is redeploying the company around solid-state batteries through Galaxy Batteries, Inc., adaptive and robotic manufacturing, aerospace services through AeroPass, Inc., and luxury corporate housing through Chicago Real Estate Partners, LLC. It began buying Chicago condominiums in the third quarter of 2025 and says it plans to expand corporate housing into other major cities. It intends to sell DittoMask, Inc. once existing mask inventory is sold and to sell CordTell, Inc. and WebBeeO, Inc. to an affiliate. Both Galaxy Batteries and the Ecker Capital sale were transactions with related parties controlled by Shaun Passley, PhD.

Risks

• No current revenue — The company reported $0 revenue in the three months ended March 31, 2026 and 2025, with only $5,419 in the quarter ended March 31, 2026.
• Related-party transactions — Galaxy Batteries was bought from Epazz, Inc. and Ecker Capital was sold to ZenaTech, Inc., both controlled by Shaun Passley, PhD, who is also the company's CEO.
• Reliance on ZenaTech investment gains — Results have been driven by unrealized gains on ZenaTech, Inc. stock, about $3 million in the first quarter of 2026, rather than operating income.
• Thin liquidity — The company held only $26,883 in cash at March 31, 2026 against $3.5M of total liabilities.

Outlook

Management says it expects cash, cash equivalents and short-term investments, plus potential equity or debt issuance, to be sufficient for foreseeable cash needs. It plans to keep buying and renting condominiums and to expand corporate housing beyond Chicago. The company also states it will sell DittoMask inventory and divest CordTell, Inc. and WebBeeO, Inc. to an affiliate. No forward revenue or earnings guidance is provided in the excerpts.