ZenaTech (ZENA) CEO and affiliates report control of 86.5% equity votes
Rhea-AI Filing Summary
ZenaTech, Inc. received an amended Schedule 13D/A from Dr. Shaun Passley, Epazz Inc., and Ameritek Ventures Inc. detailing their ownership and control positions. Dr. Passley is reported to beneficially own 287,828,839 shares, representing 86.5% of the class, through direct holdings and entities he controls.
The filing explains that Dr. Passley, as CEO of ZenaTech and controlling shareholder of Epazz and Ameritek, holds 7,668,205 common shares, 5,120,000 preferred shares and 35,000 super-voting shares personally, with Epazz and Ameritek holding additional common, preferred and super-voting shares. Preferred shares are convertible into three common shares and each super-voting share carries 1,000 votes, for a total of 332,699,794 votes assuming full conversion and exercise of voting rights. The interests arise from equity grants under a new CEO employment agreement and shares issued for asset acquisitions approved at a Special Meeting of Shareholders.
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Insights
Filing confirms ZenaTech’s CEO and affiliates hold effective voting control via super-voting and preferred shares.
The Schedule 13D/A shows Dr. Shaun Passley, together with Epazz Inc. and Ameritek Ventures Inc., beneficially owning 287,828,839 shares, or 86.5% of ZenaTech’s equity. This includes common, preferred and super-voting shares, giving them dominant influence over shareholder decisions.
Preferred shares are convertible into common at a three-for-one ratio and each super-voting share carries 1,000 votes. On this basis, the filing cites 332,699,794 aggregate votes. Because Dr. Passley holds 95% voting control of Epazz and Ameritek, he effectively controls voting rights for their ZenaTech holdings as well.
The filing attributes this structure partly to equity grants under a new CEO employment agreement and shares issued for an asset acquisition from Epazz, both approved at a Special Meeting of Shareholders on January 30, 2026. Future company actions requiring shareholder approval will largely depend on decisions by Dr. Passley and his controlled entities, as described in this ownership disclosure.