Company: IVHI
Filing Date: 2025-03-03
Form Type: 10-K
Source: 0001683168-25-001303
Chunk: 141

Company: Invech Holdings, Inc.
Filing Date: 2025-03-03
Form: 10-K
Item: Item 2
Chunk 141
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31, 2024 and 2023
    F-4

    Statements of Cash Flows for the Years ended December 31, 2024 and 2023
    F-5

    Notes to Financial Statements
    F-6

 28 

Report of Independent Registered Public Accounting
Firm

MICHAEL GILLESPIE & ASSOCIATES, PLLC

CERTIFIED PUBLIC ACCOUNTANTS

Vancouver, WA 98666

206.353.5736

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

To the Shareholders, Board of Directors & Shareholders

Invech Holdings, Inc.

Opinion on the Financial Statements

We have audited the accompanying restated balance sheets of Invech
Holdings, Inc. as of December 31, 2024 and 2023 and the related statements of operations, changes in stockholders’ deficit, cash
flows, and the related notes (collectively referred to as “financial statements”) for the years then ended. In our opinion,
the financial statements present fairly, in all material respects, the restated financial position of the Company as of December 31, 2024
and 2023 and the results of its operations and its cash flows for the years December 31, 2024 and 2023 in conformity with accounting principles
generally accepted in the United States of America.

Going Concern

The accompanying financial statements have been
prepared assuming the Company will continue as a going concern. As discussed in Note #3 to the financial statements, although the Company
has limited operations and it has yet to attain profitability. This raises substantial doubt about its ability to continue as a going
concern. Management’s plan in regard to these matters is also described in Note #3. The financial statements do not include any
adjustments that might result from the outcome of this uncertainty.

Restatement to Correct 2023 

As discussed in Note 7 to the financial statements,
the 2023 balance sheet has been restated to correct a misstatement.

Basis for Opinion

These financial statements are the responsibility of the Company’s
management. Our responsibility is to express an opinion on the Company’s financial statements based on our audit. We are a public
accounting firm registered with the Public Company Accounting Oversight Board (United States) (PCAOB) and are required to be independent
with respect to the Company in accordance with the U.S. federal securities laws and the applicable rules