Company: IVHI
Filing Date: 2025-05-12
Form Type: 10-Q
Source: 0001683168-25-003408
Chunk: 41

Company: Invech Holdings, Inc.
Filing Date: 2025-05-12
Form: 10-Q
Item: Part I, Item 2
Chunk 41
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 preparation of these condensed consolidated
financial statements requires us to make estimates and judgments that affect the reported amounts of assets, liabilities, revenues and
expenses, and related disclosure of contingent assets and liabilities. We evaluate our estimates on an ongoing basis, including those
related to provisions for uncollectible accounts receivable, inventories, valuation of intangible assets and contingencies and litigation.
We base our estimates on historical experience and on various other assumptions that are believed to be reasonable under the circumstances,
the results of which form the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent
from other sources. Actual results may differ from these estimates under different assumptions or conditions.

The accounting policies that
we follow are set forth in Note 2 to our financial statements as included in the SEC report filed. These accounting policies conform to
accounting principles generally accepted in the United States and have been consistently applied in the preparation of the financial statements.

Item 3. Quantitative and Qualitative Disclosures
about Market Risk

As a “smaller reporting company,” as defined
by Rule 12b-2 of the Exchange Act, we are not required to provide the information in this Item.

Item 4. Controls and Procedures

Management’s
Evaluation of Disclosure Controls and Procedures

Our disclosure
controls and procedures are designed to provide reasonable assurance that the information required to be disclosed by us in reports that
we file or submit under the Exchange Act is accumulated and communicated to our management, including our principal executive officer
and principal financial officer, as appropriate to allow timely decisions regarding required disclosure and is recorded, processed, summarized
and reported within the time periods specified in the rules and forms of the SEC. Based upon that evaluation, our principal executive
officer and principal financial officer, who are one in the same, concluded that, as of the end of the period covered by this report,
our disclosure controls and procedures were effective at the reasonable assurance level.

 15 

Management’s
Report on Internal Control over Financial Reporting

Our management, with the
participation of our principal executive officer and principal financial officer, is responsible for establishing and maintaining adequate
internal control over our financial reporting. Our internal control system was designed to provide reasonable assurance to management
regarding the preparation and fair presentation of published financial statements.

Our management, consisting
of our principal executive officer and principal financial officer, does not expect that our disclosure controls and procedures or our
internal controls over financial reporting will prevent all error and all fraud. A