Company: ATVK
Filing Date: 2025-11-14
Form Type: 10-Q/A
Source: 0001376474-25-000934
Chunk: 24

Company: Ameritek Ventures, Inc.
Filing Date: 2025-11-14
Form: 10-Q/A
Chunk 24
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 at a 20% discount rate. The Ameritek Ventures, Inc. common stock share price was $0.0105 on September 30, 2025, as quoted on the https://www.otcmarkets.com/. The total amount due under the promissory note was $ 200,000and accrued interest of $ 111,982as of December 31, 2024. The total number of shares of common stock the noteholder could convert was 3,119,817,352, which is the total amount due of $311,982, divided by $0.0001, or $0.0007 share price at a 20% discount rate. The Ameritek Ventures, Inc. common stock share price was $0.0007 on December 31, 2024, as quoted on the https://www.otcmarkets.com/. Assumption of $1,000,000 convertible note from Bozki merger and conversion to $500,000 convertible note Ameritek merged with Bozki, Inc. on November 13, 2020. At the merger the Company assumed a 10-year convertible noteof $ 1,000,000and accrued interest of $ 9,078with Epazz, Inc., a related party, see note 10. On September 15, 2021 both parties agreed to convert $500,000 of this debt into Ameritek common stock and a nine-year note with principal of $572,410 and 8% annual interest. This note would convert into an amortizing note after 2025. On December 1, 2020 Ameritek and Epazz agreed to defer payments until January 1, 2028. The total amount due under the promissory note was $ 564,094and accrued interest of $ 185,080as of September 30, 2025. The total number of shares of common stock the noteholder could convert was 356,749,524, which is the total amount due of $749,174, divided by $0.0021, or $0.0105 share price at a 20% discount rate. The Ameritek Ventures, Inc. common stock share price was $0.0073 on September 30, 2025, as quoted on the https://www.otcmarkets.com/. The total amount due under the promissory note was $ 572,411and accrued interest of $ 150,