Company: ATVK
Filing Date: 2025-05-12
Form Type: 10-K/A
Source: 0001376474-25-000446
Chunk: 5

Company: Ameritek Ventures, Inc.
Filing Date: 2025-05-12
Form: 10-K/A
Chunk 5
---
, officers, affiliates, and the Company for breach of contract and fraud, in the Superior Court of the State of California, County of Los Angeles on May 6, 2019. The lawsuit alleges that certain officers of the Company misrepresented the business and asked for financing the business for approximately $1.6 million for operations from Meridian Pacific and never delivered the fiber optic assets promised. The judge in this case dismissed all claims against Ameritek Ventures, Inc. on October 19, 2023. The Company filed a lawsuit in the Clark County, Nevada, court against Clinton L. Stokes, III, the former owner of the Company, to settle the matter of shares ownership and that of if the asset coming from Fiber Optic Assets was purchased free and clear of any encumberment from Meridian Financial Group, LLC on March 6, 2023. Meridian Financial Group, LLC has a claim on the assets in the business of fiber optics previously owned by Clinton L. Stokes III. This case is still pending. There is no trial date set as of the date of this filing. This litigation is not expected to have a material effect on the Company. Item 4. Mine Safety Disclosures. Not applicable. 4 PART II Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities. Market Information The Common Stock of the Company is currently trading on the Pink Sheets under the symbol “ATVK.” The following table sets forth the high and low bid prices relating to our common stock on a quarterly basis for the periods indicated. These quotations reflect inter-dealer prices without retail mark-up, mark-down, or commissions, and may not reflect actual transactions.

| Quarterly period                     
 Fiscal year ended December 31, 2024: |     | High |        |     | Low |        |
|:-------------------------------------|:----|:-----|-------:|:----|:----|-------:|
| First Quarter                        |     | $    | 0.0022 |     | $   | 0.0005 |
| Second Quarter                       |     | $    | 0.0011 |     | $   | 0.0008 |
| Third Quarter                        |     | $    | 0.0012 |     | $   | 0.0009 |
| Fourth Quarter                       |     | $    | 0.0014 |     | $   | 0.0007 |
| Fiscal year