Hard Rock Holdco and Kevin Hayes Jr. Disclose 85.2% Beneficial Ownership via Convertible Preferred
OMTK has more than doubled off its 52-week low of $0.01 on light trading volume (0.3× avg).
Summary
Hard Rock Holdco and Kevin Hayes Jr. report 85.2% beneficial ownership of Omnitek via convertible preferred stock, with a second $500K tranche due within 90 days and an automatic conversion trigger tied to a future $20M offering.
Key Events · Ownership and Investor Activity · OMTK
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85.2% Beneficial Ownership Disclosed
Hard Rock Holdco LLC and Kevin Jay Hayes Jr. each report beneficial ownership of 750,000,000 common shares (85.2% of the class) through 15,000 shares of Series A Preferred Stock, each convertible into 50,000 common shares.
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Tranche 2 Purchase Obligation
The Preferred Stock Purchase Agreement requires a second closing of 5,000 additional Series A Preferred shares for $500,000 no later than 90 days after the September 29, 2026 Tranche 1 Closing Date — approximately December 28, 2026.
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Automatic Conversion Trigger
Series A Preferred Stock automatically converts into common stock upon a firm-commitment underwritten public offering of at least $20,000,000 at $5.00 per share, or upon majority holder vote.
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Second Warrant Holder Identified
Hawkeye Digital, Inc. holds a five-year warrant to acquire 91,666,666 common shares at $0.04 per share, adding to the 108,333,333 shares issuable upon conversion of currently outstanding warrants.
Analysis · OMTK · Manufacturing
This Schedule 13D quantifies the control transaction first disclosed in late September and early October 8-Ks. Hard Rock Holdco LLC and Kevin Jay Hayes Jr. now beneficially own 750,000,000 common shares — 85.2% of the class — through 15,000 shares of Series A Preferred Stock, each convertible into 50,000 common shares. The filing also reveals a mandatory Tranche 2 purchase of an additional 5,000 preferred shares for $500,000 due within 90 days, and an automatic conversion trigger tied to a future $20 million underwritten offering at $5.00 per share. Against a backdrop of a 52% revenue drop, going concern doubt, and a material weakness disclosed in the August 10-Q, this filing confirms a complete change of control and a massive potential overhang: if all preferred shares and the Hawkeye Digital warrant were converted, the share count would expand by roughly 841.7 million shares versus the 129.4 million currently outstanding.
How filings like this one have moved
In the 30 days to Oct 9, 2026, 36.7% of the 1061 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.62%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, OMTK was trading at $0.03 on OTC in the Manufacturing sector, with a market capitalization of approximately $570.7K. The 52-week trading range was $0.01 to $0.06. This filing was assessed with negative market sentiment and an importance score of 8 out of 10.