ProTek Capital Inc (PRPM)

[Kool Aid Man]

Eddie reports to the SEC that AURI--

Conflicts of Interest

From time to time the Company may enter into non-arms’ length transactions with related parties. These transactions will be valued at historical cost with no value increase given. All transactions with related parties are in the normal course of operations and are measured at the exchange amount. The CEO of the Company is currently serves as either a major shareholder, Officer and Director of the following companies: Protek Capital Inc., Black Dragon Resource Companies, Inc., PBS Holding, Inc., Tradestar Resources Corp., SUTIMCo International Inc., Utilicraft Aerospace Industries, Inc. (page 33 https://sec.report/Document/0001477932-22-001409/

The CEO of these companies operates them all from his rented house in Plano, TX. And he routinely co-mingles assets (most recently artworks and crypto technology) and promotes various "sister companies" in press releases. The implication being that if he succeeds in sparking a run with one the others will follow. These so-called "arms length transactions" strike me as beyond laughable. None of these companies have any significant revenue (if at all) and most don't even report expenses which begs the question--

So how are the bills being paid if not thru stock manipulation by the CEO?

Why else would he use the shares of one of his companies with no revenues or business activity to buy shares in another of his equally worthless companies if not to create the illusion of demand which he can sell in to for a quick profit. Yet year after year the number of shares he personally owns remains constant?

How is he paying for the tens of thousands in annual OTCIQ fees for all these tickers? $5,500 Annual Fee or $3,500 Semi-Annual Fee x 7 tickers= $38,500 - $49,000. Then there are all the other costs of business --phone, computer, Internet, web domains, PR's, Attorney Opinions, etc. Take SUTI for example. His Q3 last week reported ZERO revenues and expenses. Yet he traveled to just south of Kansas city for a photo op and PR announcing negotiations with a MJ operation. But there were no costs of travel (gas, food, lodging)?

WHERE IN HIS FINANCIALS IS THE INCOME THAT PAYS FOR THOSE? WHERE ARE THE ENTRIES FOR THOSE ANNUAL EXPENSES IN HIS FINANCIALS? Those expenses are real and have to be paid somehow by someone.

The only thing I can figure is that he could be declaring those costs on his PERSONAL tax returns (provided he files any) to offset income he generates for himself. IF so I don't see how that is legal unless he's telling the IRS those are "his personal businesses."