Trutankless, Inc.

Overview

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• TickerTKLS on OTC¹
• IndustryHousehold Appliances¹
• HeadquartersScottsdale, Arizona¹
• Incorporated inNV²
• Business address15900 North 78Th Street, Suite 200, Scottsdale, Az 85260²
• Filer categoryNon-accelerated filer, Smaller reporting company²

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Trutankless, Inc. was incorporated in the state of Nevada on March 7, 2008. The Company is headquartered in Scottsdale, Arizona and currently operates through its wholly owned subsidiaries, Bollente, Inc., a Nevada corporation incorporated on December 3, 2009 and Tankless365, Inc., a Nevada corporation incorporated on October 20, 2021.³ From its latest annual report

What it owns

What Trutankless, Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

Intangibles and goodwill

Inventory

Properties, in its own words

During the year ended December 31, 2025 we maintained an executive office at 15900 N.78th Street, Suite 200, Scottsdale, Arizona, which consists of approximately 2,818 square feet and maintain a warehouse and production facility with office space at 21241 N. 23rd Street, Suites A7 & A9, Phoenix, Arizona, which consists of approximately 13,544 square feet.

Item 2 of the 10-K filed May 22, 2026.³

Leadership

Who has led Trutankless, Inc., and when. Pick a name to see everywhere that person has worked.

• Chief executive officerGuy James Newman Apr 18, 2024 to now¹³
• Chief executive officerMichael Stebbins Aug 5, 2020 to Mar 3, 2021¹⁴
• Chief executive officerRobertson J. Orr Mar 29, 2012 to Dec 20, 2018¹⁵
• PresidentMichael Stebbins Mar 31, 2017 to May 4, 2023¹⁶
• PresidentRobertson J. Orr Mar 29, 2012 to Apr 13, 2016¹⁵
• Chief financial officerRodney Lamont Sperry Dec 2, 2024 to now¹⁷

Former names

• Bollente Companies Inc.Nov 24, 2010 to Jun 6, 2018²
• Alcantara Brands CORPMar 19, 2008 to Nov 16, 2010²

Timeline

1. Nov 27, 20248-K Executive or director change²⁰
2. Jul 9, 20248-K Other events²¹
3. Apr 18, 2024New chief executive Guy James Newman becomes CEO¹³
4. Apr 12, 20248-K Regulation FD disclosure²²
5. Apr 5, 20248-K Change of auditor²³
6. Apr 4, 20248-K Executive or director change²⁴
7. Jul 19, 20238-K Regulation FD disclosure²⁵
8. Apr 25, 20238-K Change of auditor²⁶
9. Nov 24, 20218-K Regulation FD disclosure²⁷
10. Aug 5, 2020New chief executive Michael Stebbins becomes CEO¹⁴
11. Mar 29, 2012New chief executive Robertson J. Orr becomes CEO¹⁵

Filings

66 filings to the SEC since October 2021: 7 annual reports, 16 quarterly reports, 8 major events, 13 insider forms, 22 other. The latest 20:

1. Aug 19, 202610-Q EDGAR
2. Aug 14, 2026NT 10-Q EDGAR
3. Jun 30, 2026DEF 14C EDGAR
4. Jun 16, 2026PRE 14C EDGAR
5. Jun 9, 202610-Q EDGAR
6. May 22, 202610-K EDGAR
7. May 18, 2026NT 10-Q EDGAR
8. Apr 1, 2026NT 10-K EDGAR
9. Nov 20, 202510-Q EDGAR
10. Nov 14, 2025NT 10-Q EDGAR
11. Oct 31, 202510-Q EDGAR
12. Oct 9, 202510-Q EDGAR
13. Aug 28, 202510-K EDGAR
14. Jul 15, 2025UPLOAD EDGAR
15. Jun 24, 2025UPLOAD EDGAR
16. Jun 2, 2025UPLOAD EDGAR
17. May 20, 202510-K/A EDGAR
18. Apr 21, 20254 EDGAR
19. Apr 21, 20254 EDGAR
20. Mar 31, 2025NT 10-K EDGAR

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

SEC filer profile

How Trutankless, Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

• Name on EDGARTrutankless, Inc.¹
• CIK0001429393
• Employer ID (EIN)26-2137574³
• Filer statusNon-accelerated filer not an emerging growth company; a smaller reporting company; not a shell company³
• Incorporated inNevada³
• Fiscal year endsDecember 31¹
• Industry code (SIC)3630 Household Appliances¹
• SEC reviewing officeOffice of Manufacturing, Division of Corporation Finance¹
• Business address15900 North 78Th Street, Suite 200, Scottsdale, AZ 85260¹
• Phone(480) 275-7572¹
• Shares outstanding170,348,374 as of Aug 19, 2026¹¹
• Public float$2.0M as of Jun 30, 2025³
• AuditorVictor Mokuolu, CPA PLLC, Houston, Texas PCAOB ID 6771³
• On EDGAR sinceMar 19, 2008¹
• Filings253 in all: 10-Q (56), 8-K (32), 4 (29), NT 10-Q (26), 10-K (18), NT 10-K (17), UPLOAD (15), D (9)¹
  All 24 form types

  10-Q/A (8), 8-K/A (7), 10-K/A (5), 3 (5), CORRESP (5), DEF 14C (4), PRE 14C (4), D/A (2), EFFECT (2), S-1 (2), S-1/A (2), 4/A (1), 424B2 (1), 8-A12G (1), PRER14C (1), S-8 (1)

• Latest filingsAnnual report (10-K) May 22, 2026
  Quarterly report (10-Q) Aug 19, 2026
  Latest 8-K (8-K) Nov 27, 2024

Risk factors and legal proceedings

The risks Trutankless, Inc. names in Item 1A of its 10-K filed May 22, 2026: 12 risks under these headings, as written.³

• If we are unable to attract and retain key personnel, our business could be harmed.
• We are subject to significant competition from large, well-funded companies.
• There is substantial doubt about our ability to continue as a going concern. If we do not continue as a going concern, investors will lose their entire investment.
• We will require additional financing in order to implement our business plan. In the event we are unable to acquire additional financing, we may not be able to implement our business plan resulting in a loss of revenues and ultimately the loss of your investment.
• Our internal controls may be inadequate, which could cause our financial reporting to be unreliable and lead to misinformation being disseminated to the public.
• We depend on certain key employees, and believe the loss of any of them would have a material adverse effect on our business.
• Our ability to attract qualified sales and marketing personnel is critical to our future success, and any inability to attract such personnel could harm our business.
• RISKS RELATED TO OUR INTELLECTUAL PROPERTY AND TECHNOLOGY
• If we fail to secure or protect our intellectual property rights, our products and competitors may be able to use our designs, each of which could harm our reputation, reduce our revenues and increase our costs.
• Our reliance on intellectual property and other proprietary information subjects us to the risk that these key ingredients of our business could be copied by competitors.
• RISKS RELATING TO OUR COMMON STOCK
• Because our common stock could remain under $4.00 per share, it could continue to be deemed a low-priced “Penny” stock, an investment in our common stock should be considered high risk and subject to marketability restrictions.

Legal proceedings

From time to time, we may become involved in various lawsuits and legal proceedings which arise in the ordinary course of business. However, litigation is subject to inherent uncertainties, and an adverse result in these or other matters may arise from time to time that may harm our business.

On July 6, 2020, we received a letter from the staff of the Division of Enforcement of the Securities and Exchange Commission (the “Staff”) that indicated the Company may have violated certain rules and regulations regarding a late filing notification filed by the Company and that the Staff would conduct an informal inquiry into the matter. On April 29, 2021, the Company agreed to pay civil penalties of $25,000 to the Securities and Exchange Commission in settlement of the matter. As of December 31, 2025, $20,000 remained due.

On April 6, 2023, the Company was served a Summons for an Amended Complaint filed in the state of Florida with claims for Strict Liability, Negligence and Breach of Implied Warranty. The complaint, filed by an insurance company, stems from its payments for claims filed by a policy holder on two separate occasions. The first insurance claim payment was due to a leak caused by improper installation in which the contractor failed to meet local codes. The second insurance claim payment followed the contractor’s failure to properly repair the improper installation. The complaint states that the contractor failed to follow basic installation guidelines supplied with the product in either incident, resulting in damages. On June 8, 2023, the Court of Duval County, FL entered a default judgement for $38,768. As of December 31, 2025, the Company has not paid any of this balance.

The opening of Item 3, Legal Proceedings.³