Company: IVHI
Filing Date: 2025-03-03
Form Type: 10-K
Source: 0001683168-25-001303
Chunk: 1

Company: Invech Holdings, Inc.
Filing Date: 2025-03-03
Form: 10-K
Item: Item 1
Chunk 1
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, the Company entered into an agreement to acquire the Access Network Limited subsidiary
of VOIP Telecom, Inc., in exchange for the issuance of 8,000,000 shares to shareholders and owners of Access stock and an additional 4,000,000
shares to Keppel Corp. to extinguish a debt due by Access to Keppel.  Shortly after, the Company completed a rescission agreement
whereby the share acquisition was cancelled. All company shares issued for debt settlements were cancelled.

On March 17, 2003, the Company
acquired the majority interest in Hubei Pharmaceutical Co. Ltd. The Company issued 22,000,000 common shares resulting in a change in control.

On September 10th,
2004, the Company entered into material agreement, to sell its 57.14% controlling interest in the Hubei Pharmaceutical Co. Ltd. At that
time the Company was engaged in the acquisition and vertical integration of operating subsidiaries and controlling joint venture interests
in China to include all facets of pharmaceutical life sciences from raw materials through dosage form production and distribution. In
October 2005, the Company terminated its participation in the Hubei Tongji Benda Ebei Pharmaceutical Co. Ltd. joint venture in Hubei Province,
China.

Business operations for Invech Holdings, Inc. were abandoned in 2007
and its Nevada registration was revoked. A custodianship action, as described in the subsequent paragraph, was commenced in 2017.

On October 17, 2017, the Eighth
Judicial District Court, Clark County, Nevada granted the Application for Appointment of Custodian as a result of the absence of a functioning
board of directors and the revocation of the Company’s charter. The order appointed Small Cap Compliance, LLC (the “Custodian”)
custodian with the right to appoint officers and directors, negotiate and compromise debt, execute contracts, issue stock, and authorize
new classes of stock. 

 1 

In January 2018, the Custodian appointed Robert Chin as sole officer
and director.

SCC was compensated for its role as custodian
in the amount of 120,000 shares of Convertible Preferred A Series Stock (“Preferred A Stock”). In January 2018, the Custodian
sold these shares to Queen Investment (HK) Ltd. for the purchase price of $35,000. The Custodian did not receive any additional compensation,
in the form of cash or stock, for