Company: IVHI
Filing Date: 2025-03-03
Form Type: 10-K
Source: 0001683168-25-001303
Chunk: 356

Company: Invech Holdings, Inc.
Filing Date: 2025-03-03
Form: 10-K
Item: Item 9
Chunk 356
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Per ASC 250-10 Accounting Changes and Error Corrections,
the financial statements for the year ended December 31, 2023, have been restated to make adjustments to the balance sheet accounts as
described below. 

    Schedule of restated financials 

    As of December 31, 2023

    As Reported  
    Adjusted 
      
    As Restated 
  
    ASSETS 

    Current Assets: 

    Cash 
    $7,000  
    $– 
      
    $7,000 
  
    Total Assets 
    $7,000  
    $– 
      
    $7,000 

    Current Liabilities: 

    Due to related party 
    $30,641  
    $– 
      
    $30,641 
  
    Due to a former related party 
     –  
     4,443 
    (1) 
     4,443 
  
    Accruals 
     –  
     5,391 
    (2) 
     5,391 
  
    Total Liabilities 
     30,641  
     9,834 
      
     40,475 

    Stockholders’ Deficit: 

    Preferred stock, $0.001 par value; 5,000,000 shares authorized 
     –  
     – 
      
     – 
  
    Series A Preferred stock, $0.001 par value; 1,000,000 shares designated; 300,000 shares issued and outstanding 
     300  
     – 
      
     300 
  
    Common stock, $0.001 par value; 500,000,000 shares authorized, 10,521,335 shares issued and outstanding 
     2,195  
     8,326 
    (3) 
     10,521 
  
    Additional paid-in capital 
     215,063  
     (12,769)
    (1)(3) 
     202,294 
  
    Accumulated deficit 
     (241,199) 
     (5,391)
    (2) 
     (246,590)
  
    Total Stockholders’ Deficit 
     (23,641) 
     (9,834)