Company: IVHI
Filing Date: 2025-05-12
Form Type: 10-Q
Source: 0001683168-25-003408
Chunk: 23

Company: Invech Holdings, Inc.
Filing Date: 2025-05-12
Form: 10-Q
Item: Part I, Item 8
Chunk 23
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ubei Province, China. As a result
of the termination of the merger, our stock was further diluted, and our debt increased because we had no operations.

Due to multiple mergers and termination of those mergers,
have historically generated negative cash flow and losses from operations and could experience negative cash flow and losses from operations
in the future. As a result of multiple mergers and termination of such mergers, the Company has accumulated liabilities and has not generated
any revenue. In the past, the Company filed Form S-8s to register stock for issuance in lieu of cash payment to employees and consultants.
In addition, the Company raised money with convertible debentures. As a result, our shareholders have been diluted, and our stock price
has been volatile, and the future of our business and continued operations are uncertain.

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abandoned in 2007 and its Nevada registration was revoked.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.

The Eighth Judicial District Court, Clark County,
Nevada awarded custodianship to the Custodian based on the absence of a functioning board of directors, revocation of the company’s
charter, and abandonment of the business. At this time, the Custodian appointed Rhonda Keaveney as sole officer and director.

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 custodian services. The custodianship was terminated on April 18, 2018.

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