Boca Raton, FL – April 9, 2026 — Strake Inc. (OTC: SRKE) today announced continued progress in its efforts to strengthen corporate transparency, operational structure, and long-term credibility.
Following the recent removal of the “Shell Risk” designation by OTC Markets, the Company is moving forward with a focused plan to further improve its financial reporting, internal processes, and overall corporate governance. The removal of the designation reflects OTC Markets’ independent assessment and confirms that Strake does not meet the criteria of a shell company.
Strake’s current management team has been actively addressing a number of legacy issues inherited from prior leadership. These efforts include the review and correction of historical financial data, the organization of corporate records, and the implementation of more structured internal processes. The Company reports that substantial progress has already been made, with additional steps ongoing.
As part of this commitment, Strake has recently established a dedicated office space with full operational infrastructure. This move is intended to support more efficient coordination across financial, legal, and administrative functions, and to accelerate the completion of ongoing cleanup and compliance initiatives.
“Our focus is straightforward: build a solid foundation, ensure transparency, and move the company forward step by step,” said a company representative. “We are addressing past challenges in a structured and responsible way, and we believe the progress made so far is an important signal of our direction.”
In parallel, the Company continues to evaluate strategic growth opportunities beyond its current core activities, including initiatives in sustainability and resource-focused technologies. As part of this effort, Strake is reviewing opportunities related to CO₂-neutral pellet solutions and broader environmental applications in select Asian markets. These initiatives remain at an early stage and will be pursued with a disciplined and measured approach.
Strake intends to continue providing updates as key milestones are achieved.
About Strake Inc.
Strake Inc. (OTC: SRKE) is a U.S.-based strategy and technology company focused
on building digital products and scalable platforms for the tourism and leisure
sector. The Company develops solutions designed to connect people, places, and
experiences through intelligent design and secure data management. Strake is
headquartered in Boca Raton, Florida, with an expanding presence in Europe and
is currently evaluating selected opportunities in Asia as part of its broader
strategic development.
Forward-Looking
Statements
This press release contains forward-looking statements within the meaning of
applicable U.S. securities laws. Forward-looking statements include, but are
not limited to, statements regarding future growth, operational improvements,
and corporate initiatives. These statements are based on current expectations
and involve risks and uncertainties that could cause actual results to differ
materially. Strake Inc. undertakes no obligation to update or revise any
forward-looking statements, except as required by law.
Contact:
Website: https://www.strake-inc.com/
Email: info@strake-inc.com
Phone (international): +1 561-226-4653
Registered Office
621 NW 53rd Street
Suite 210
Boca Raton, FL 33487
United States