Company: IVHI
Filing Date: 2025-03-03
Form Type: 10-K
Source: 0001683168-25-001303
Chunk: 242

Company: Invech Holdings, Inc.
Filing Date: 2025-03-03
Form: 10-K
Item: Item 6
Chunk 242
---
 staff to maintain appropriate segregation
of duties in the initiating and recording of transactions, thereby creating a segregation of duties weakness. Due to: (i) the significance
of segregation of duties to the preparation of reliable financial statements; (ii) the significance of potential misstatement that could
have resulted due to the deficient controls; and (iii) the absence of sufficient other mitigating controls, we determined that this control
deficiency resulted in more than a remote likelihood that a material misstatement or lack of disclosure within the annual or interim financial
statements may not be prevented or detected.

Management’s Remediation Initiatives

Management has evaluated,
and continues to evaluate, avenues for mitigating our internal controls weaknesses, but mitigating controls to completely mitigate internal
control weaknesses have been deemed to be impractical and prohibitively costly, due to the size of our organization at the current time.
Management expects to continue to use reasonable care in following and seeking improvements to effective internal control processes that
have been and continue to be in use at the Company.

Changes in internal
controls over financial reporting

There were no changes
in the Company’s internal control over financial reporting that occurred prior to the Company’s most recent financial quarter
that materially affected, or are reasonably likely to materially affect, the Company’s internal control over financial reporting.

    Item 9B.
    Other Information.

During the
three months ended December 31, 2024, none of the Company’s directors or officers (as defined in Rule 16a-1(f) of the Exchange
Act) adopted or terminated a “Rule 10b5-1 trading arrangement” or adopted or
terminated a “non-Rule 10b5-1 trading arrangement” (as such
terms are defined in Item 408 of Regulation S-K).

    Item 9C.
    Disclosure Regarding Foreign Jurisdictions that Prevent Inspections.

N/A

 20 

PART III

    Item 10.
    Directors, Executive Officers and Corporate Governance

Our Officers and directors and additional information
concerning them are as follows:

    Name
     
    Age
     
    Position
  
    Rhonda Keaveney
     
    58
     
    President, CEO, Secretary, Treasurer, Director

Officer Bios

Rhonda Keaveney, J.D., Chief Executive Officer (age 58) 

Rhonda L. Keaveney is the Founder and Managing Member of Small Cap
Compliance, LLC, a securities compliance firm specializing