Company: IVHI
Filing Date: 2025-03-03
Form Type: 10-K
Source: 0001683168-25-001303
Chunk: 23

Company: Invech Holdings, Inc.
Filing Date: 2025-03-03
Form: 10-K
Item: Item 1
Chunk 23
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 rights can elect all of our directors and, in such event,
the holders of the remaining minority shares will not be able to elect any of such directors. The vote of the holders of a majority of
the issued and outstanding shares of Common Stock entitled to vote thereon is sufficient to authorize, affirm, ratify or consent to such
act or action, except as otherwise provided by law.

 15 

Holders of Common Stock
are entitled to receive ratably such dividends, if any, as may be declared by the Board of Directors out of funds legally available. We
have not paid any dividends since our inception, and we presently anticipate that all earnings, if any, will be retained for development
of our business. Any future disposition of dividends will be at the discretion of our Board of Directors and will depend upon, among other
things, our future earnings, operating and financial condition, capital requirements, and other factors.

Holders of our Common
Stock have no preemptive rights or other subscription rights, conversion rights, redemption or sinking fund provisions. Upon our liquidation,
dissolution or windup, the holders of our Common Stock will be entitled to share ratably in the net assets legally available for distribution
to stockholders after the payment of all of our debts and other liabilities. There are not any provisions in our Articles of Incorporation
or our Bylaws that would prevent or delay change in our control.

Our stock transfer agent
is Pacific Stock Transfer Co., located at 6725 Via Austi Parkway, Suite 300, Las Vegas, NV 89119.

Preferred Stock

Our Articles of Incorporation,
as amended, authorizes the issuances of up to 1,000,000 shares of Preferred Stock with the following designations, rights and preferences:

One (1) share of the
as Convertible Series A Preferred Stock shall be converted into one thousand (1,000) shares of common stock of the Corporation and entitled
to one thousand (1,000) votes of common stock for every one (1) share of as Convertible Series A Preferred Stock owned. The holders of
the Convertible Series A Preferred Stock shall not be entitled to receive dividends.

From time to time its
Board of Directors may amend the Preferred class of stock. Accordingly, our Board of Directors is empowered, without stockholder approval,
to issue Preferred Stock with dividend, liquidation, conversion, voting, or other rights, which could adversely affect the voting power
or, other rights of the