Company: IVHI
Filing Date: 2025-05-12
Form Type: 10-Q
Source: 0001683168-25-003408
Chunk: 42

Company: Invech Holdings, Inc.
Filing Date: 2025-05-12
Form: 10-Q
Item: Part I, Item 2
Chunk 42
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 control system, no matter how well conceived and operated,
can provide only reasonable, not absolute, assurance that the objectives of the control system are met. Further, the design of a control
system must reflect the fact that there are resource constraints, and the benefits of controls must be considered relative to their costs.
Because of the inherent limitations in all control systems, no evaluation of controls can provide absolute assurance that all control
issues, misstatements, errors, and instances of fraud, if any, within our company have been or will be prevented or detected. These inherent
limitations include the realities that judgments in decision-making can be faulty and that breakdowns can occur because of simple error
or mistake. The design of any system of controls is based in part on certain assumptions about the likelihood of future events, and there
can be no assurance that any design will succeed in achieving its stated goals under all potential future conditions. Projections of any
evaluation of controls effectiveness to future periods are subject to risks that internal controls may become inadequate as a result of
changes in conditions, or through the deterioration of the degree of compliance with policies or procedures.

Changes in Internal
Control over Financial Reporting

There was no change in the
Company’s internal control over financial reporting that occurred during the quarter ended March 31, 2025, that has materially affected,
or is reasonably likely to materially affect, our internal control over financial reporting. 

Management's Assessment Regarding Internal Control
Over Financial Reporting

At the end of the period
covered by this Quarterly Report on Form 10-Q, an evaluation was carried out under the supervision of and with the participation of our
management, including the Principal Executive Officer and the Principal Financial Officer of the effectiveness of the design and operations
of our disclosure controls and procedures (as defined in Rule 13a – 15(e) and Rule 15d – 15(e) under the Exchange Act) as
of the end of the period covered by this report. Based on that evaluation, the Principal Executive Officer and the Principal Financial
Officer have concluded that our disclosure controls and procedures were not effective in ensuring that: (i) information required to be
disclosed by the Company in reports that it files or submits to the Securities and Exchange Commission under the Exchange Act is recorded,
processed, summarized, and reported within the time periods specified in applicable rules and forms and (ii) material information required
to be disclosed in our reports filed under the Exchange Act is accumulated and communicated to our management, including our CEO and