Company: IVHI
Filing Date: 2025-08-01
Form Type: 10-Q
Source: 0001683168-25-005573
Chunk: 35

Company: Invech Holdings, Inc.
Filing Date: 2025-08-01
Form: 10-Q
Item: Part I, Item 2
Chunk 35
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4.

The company was a natural resource company engaged
in the acquisition, exploration and development of mineral properties. On May 17, 2002, the Company filed an amendment to its Articles
of Incorporation and changed its name to Pan Asia Communications Corp.

On March 18, 2003, the Company changed its name
to Hubei Pharmaceutical Group, Ltd., and to Amersin Life Sciences Corporation on January 6, 2005. On March 22, 2007, the Company changed
its name to Golden Tech Group, Ltd and to MegaWin Investments, Inc. on February 21, 2018. Finally, the Company changed its name to Invech
Holdings, Inc. on July 19, 2018.

The Company entered into a merger agreement on
May 23, 2000, with Cashsurfers, Inc., an Internet based technology business. The Company was obligated
to raise in excess of $2,500,000 by the private placement of the Company's common stock as a condition of completion of the merger. The
proceeds of the private placement would be used to fund the operation and development of the Cashsurfers business.On July 24, 2000,
the agreement was terminated because the Company was unable to raise sufficient capital required under the merger agreement and was unable
to make payment to Cashsurfers under the terms of the agreement. As a result of the merger and subsequent termination was dilution of
stock ownership percentage for our existing shareholders, increased debt, and loss of our business model.

 9 

On October 5, 2000, the Company entered into an
Acquisition Agreement with UWANTCASH.com, Inc. whereby the Company acquired 100% of the issued and outstanding common and preferred shares
of UWANTCASH.com, Inc. in exchange for five million shares of common stock in IVHI. The acquisition agreement was terminated on December
6, 2000. The Company has no operations at that time. As a result of the termination of a second merger within a six-month period, our
stock was further diluted, and our debt increased because we had no operations.

In 2001 the Company effected a 1 for 10 reverse
stock split and on May 15, 2002, the Company entered into an agreement to acquire the Access Network Limited subsidiary of VOIP Telecom,
Inc., in exchange for the issuance of 8,000,000 shares to shareholders