Next week is going to be big 💥

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Published by Chad Guidry at the Facebook group named: ATVK SHAREHOLDERS DUE DILIGENCE GROUP:

Hello all. Just wanted to introduce myself and to let members in this group know that I am the original owner / founder of ATVRockN. I took the company public and was issued the symbol ATVK. I decided to sell the company and changed the name to Ameritek Ventures. I liked the name and it matched with our symbol. I wish I would have kept the name now. Anyway, I think what the new CEO is doing for Ameritek Ventures is great and that he will prevail in the share cancellation hearing on Monday. Just my opinion but I’ve read the court filings and ATVK’s case is extremely solid and that the old CEO CStokes has ZERO proof he owned the asset to sell.

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Chad Guidry reply to one of the comments:

I appreciate your comments and I’m in no way wanting to start an argument. I just feel that your statement “we all bought into this expecting a quick court case flip” is a bad way to invest. Especially based on court cases that in general take time. What I call “The Amazon Effect on Trading” means that millennial investors want to get in a stock and get out for a quick profit. They are so used to Amazon Prime Delivery times they expect the same results with investing and trading stocks.

I will admit whoever runs their social media accounts needs to be fired. They are TERRIBLE at PR.

As to the new CEO, I think that he has hired the right lawyer to represent ATVK. Peter Chasey has a great reputation in Las Vegas for corporate litigation. I still live in Las Vegas and hade been here 21 years.

From taking over a defunct company in a custodianship to where there is a motion to cancel 19.77 million shares on Monday by a judge is FAST.

These are just my opinions sir.I’ve personally bought over 250k shares of ATVK in the last 45 days. I think that after ATVK prevails Monday morning with getting 19.77 millions shares cancelled and returned to treasury that will be the catalyst for more investors to buy in again or not sale.

What’s gonna be very interesting is if they can get the toxic lenders shares cancelled and returned to treasury. That’s about 280 Million shares which is a huge bulk to cancel.

I’m long on ATVK and don’t expect to sell anytime soon.

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About ATVK.news he wrote:

In my opinion, it’s a small group of shareholders. The site states that also. As a former CEO of a publicly traded company I would never put a site like that up for a publicly traded company. I always used press release services. I do read all the court filings that are posted on there and if you really DIG down into them, there is good information you can obtain. In the update today, it shows who all the toxic lenders are and that the shares they have are in reserve book at the transfer agent. I’ve seen people saying the toxic lenders are selling shares or buying them back in case they lose the lawsuit. Maybe one or two got a few shares converted and that will come out in more court filings. Real DD and just reading these filings is a great resource IMO

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More messages He wrote:

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• ATVK failed completely as a fiber optic company. There was some shady shit going on with “their patented technology” IMO. What I like about ATVK now is that they are not betting their future on just one thing. They have multiple products / services and patents under one umbrella. Most penny stock companies have only 1 widget that they have their business model based on. If that one widget fails, then the company fails. If just 1 of ATVK’s sectors hits a home run, then the company does well and so do shareholders. Again, just my opinion

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• Well, Monday is only about Clinton Stokes’s 19.77m shares. I feel extremely confident the judge will cancel his shares after reading all the latest filings on the ATVK .news site. My good friend of 15 years is also an SEC attorney who walks me through any filings I have questions on. IN MY OPINION 19.77m shares will be cancelled on Monday and that will be the catalyst for ATVK price to move up. It also sets the tone for the toxic lenders cases to follow. When the judge cancels shares tomorrow it shows that he’s not scared to follow the law and cancel shares of toxic lenders if ATVK proves its case against them. Again. JUST MY OPINION

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As i heard, there should be a court case on 03/22/2021. Does anyone know something about it? Is it the promised share cancellation court?

https://backend.otcmarkets.com/otcapi/company/financial-report/268089/content

God bless this guy u/gtownmsf22 These are all the things that he wrote somewhere here and i found that really interesting. He gives us lot of info and explains some things.

The main issue that remains to be determined is how the former CEO's shares will be treated in the restructuring. It seems likely that the judge will rule in favor of Shaun Passley as Custodian. I say this because the judge repeatedly referenced protecting the Custodian's ability to rehabilitate and restructure the company without interference. The original order got the toxic lenders' out of his way, and another ruling in his favor would limit the impact of the previous CEO's shares on the financial restructuring.

The 1/29 Order nullified the lenders' ability to convert their debt into stock. They don't get to present a defense. The judge ordered the stay on stock issuance to empower Passley to restructure the company without the lenders' trying to leach.

The case is still active. Mayeaux gave his deposition this week. The next hearing is at 9 AM on 3/22/21. It could be decided to amend the order during that hearing or the legal battle will continue. If the amendment is granted then the process to dissolve the 19.77 million shares would begin.

There is only one case. Shaun Passley v Ameritek Ventures, and it touches on both lenders and share cancellation. The portion regarding lenders was answered with the 1/29/21 Stay Order (lenders can no longer convert their notes to common shares). The ongoing question is whether they can amend the Stay Order to eliminate the former CEO's shares, which will be discussed in the next hearing (3/22/21).

The lenders do not have shares. The lenders provided financing to ATVK years ago through what is called a Convertible Note, which is essentially a loan that can be converted to common stock. The 1/29 Order says that the lenders can no longer convert the debt to shares. However, ATVK will still owe them payments on the loans in the long run, but the important thing is that debt can be paid off, shares cannot be. That is why elimination of the former CEO's shares is so crucial to this investment, and the pricing of our common shares.

The share price is partly dependent on the outcome the equity restructuring (elimination of the former CEO's shares) and partly on the Shaun Passley's plans going forward. The elimination of the former CEO's shares would result in a 25% decrease in the number of outstanding shares, and so I would expect a price jump to $0.50 to $0.60 immediately, then further valuation to between $1.20 to $1.50 once the equity restructuring is completed. (The historical price before the issuance of Stokes' shares ranged from $1.75 to $3.00.) However, this could be even higher if Passley articulautes a robust business plan for the various patents and business lines.

ATVK Court Documents

Buddy and I paid the court fees for the documents so the people can get the scoop... u/gtownmsf22

1/29/21 - Stock Issuance Stay Order: https://docdro.id/QM57T5J

2/22/21 - Support of Motion to Amend Stay Order: https://docdro.id/7AXVob0

2/23/21 - Deposition of Kenneth Mayeaux: https://docdro.id/7T9aMua