Company: IVHI
Filing Date: 2025-03-03
Form Type: 10-K
Source: 0001683168-25-001303
Chunk: 80

Company: Invech Holdings, Inc.
Filing Date: 2025-03-03
Form: 10-K
Item: Item 1A
Chunk 80
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 to regulatory compliance
for public companies and marketing our services. In addition, we have incurred material expenses in the operation of our business, such
as travel costs, audit expenses, and so forth. These, and other elements of our operating status show that we indeed are and have “engaged
in activities that are, at a minimum, sufficient to manifest a strong commitment to developing a legitimate business.” It is our
assertion that since January 21, 2023, IVHI has not been a shell company.

Regulation S-K, Item 404(d)(1) requires that
small reporting companies, as defined by § 229.10(f)(1), disclose the acquisition of an entity as it related to a related-party
transaction.

Ms. Keaveney is sole shareholder and sole officer and director of Invech
Consulting Corporation (“ICC”). IVHI executed a consulting service agreement with ICC.

Except as set forth above,
there have been no related party transactions, or any other transactions or relationships required to be disclosed.

    Item 14.
    Principal Accounting Fees and Services

Michael Gillespie & Associates, PLLC (“MG”)
served as the Company’s independent auditor for the year ended December 31, 2024.

The following table presents fees billed for professional
audit services rendered by MG and Ben Borgers in connection with its audits of the Company’s annual financial statements for the
year ended December 31, 2024. The fees billed to the IVHI by MG during 2024 were the following:

    December 31,  
    December 31, 

    2023  
    2023 
  
    ASSETS 

    Audit Fees 
    $40,000  
    $30,000 
  
    Audit Related Fees (auditor admin. Fees) 
     1,000  
     3,000 
  
    Tax Fees 
     –  
     – 
  
    All Other Fees 
     9,666  
     8,820 
  
    Total Fees 
    $50,666  
    $41,820 

As used in the table above, the following terms
have the meanings set forth below.

 24 

Audit Fees 

The fees for professional services rendered in
connection with the audit of the Company’s annual financial statements, for the review of the financial statements included in our
Quarterly Reports on Form 10 and for services that are normally