What changed in this filing

/stocks — the workspaceLOADING

Item 1. Financial Statements

2024-10-31 compared with 2024-08-12 · 82 added, 68 removed, 140 unchanged (52% of the section changed)

INVECH HOLDINGS,

Financial Statements

INVECH HOLDINGS, INC .

BALANCE SHEETS

September 30,

Current Assets:

16 unchanged sentences

Total Liabilities and Stockholders' Deficit

The accompanying notes are an integral part of these

unaudited financial statements.

INVECH HOLDINGS,

The accompanying notes are an integral part

of these unaudited financial statements.

INVECH HOLDINGS, INC .

STATEMENTS OF OPERATIONS

For the Three Months Ended

For the Six Months Ended

For the Nine Months Ended

September 30,

Operating Expenses:

4 unchanged sentences

Weighted average shares – basic and diluted

The accompanying notes are an integral part of these

Accompanying notes are an integral part of these

unaudited financial statements .

INVECH HOLDINGS,

INVECH HOLDINGS, INC .

STATEMENTS OF CHANGES IN STOCKHOLDERS’ EQUITY

FOR THE THREE AND SIX MONTHS ENDED JUNE 30, 2024 AND 2023

FOR THE THREE AND NINE MONTHS ENDED SEPTEMBER 30, 2024 AND 2023

Series A Preferred Stock

Stockholders’

Balance at December 31, 2023

Total Stockholders’

Balance at December 31, 2023 (Restated)

$ ( 246,590 )

1 unchanged sentence

Balance at June 30, 2024

Balance at September 30, 2024

$ ( 298,013 )

Series A Preferred Stock

Stockholders’

Stockholders’ Equity

Balance at December 31, 2022

4 unchanged sentences

Balance at June 30, 2023

Common stock issued for consulting – related party

Balance at September 30, 2023

$ ( 211,383 )

The accompanying notes are an integral part of these

unaudited financial statements.

INVECH HOLDINGS,

STATEMENTS OF CASH FLOWS

For the Six Months Ended

The accompanying notes are an integral part

of these unaudited financial statement

INVECH HOLDINGS, INC .

CONDENSED STATEMENTS OF CASH FLOWS (Unaudited)

For the Nine Months Ended

September 30,

Cash flows from operating activities:

10 unchanged sentences

Cash, end of period

The accompanying notes are an integral part of these

unaudited financial statements.

INVECH HOLDINGS, INC .

Notes to the Financial Statements

June 30, 2024

The accompanying notes are an integral part

of these unaudited financial statements.

INVECH HOLDINGS,

Notes to the Condensed Financial

September 30, 2024

NOTE 1 - ORGANIZATION AND DESCRIPTION OF BUSINESS

Invech Holdings, Inc.

(OTC “IVHI”) was

incorporated under the laws of the State of Nevada on December 17, 1998, as Explore Technologies, Inc.

On July 19, 2018, the name of the

Company was changed to Invech Holdings, Inc.

was incorporated under the laws of the State of Nevada on December 17, 1998, as Explore Technologies, Inc.

On July 19, 2018, the name

of the Company was changed to Invech Holdings, Inc.

On January 21, 2023, 300,000 shares of Convertible

12 unchanged sentences

consisting of normal recurring adjustments, which management believes are necessary to fairly present the financial position, results

of operations and cash flows of the Company as of and for the six month period ending June 30, 2024 and not necessarily indicative of

the results to be expected for the full year ending December 31, 2024.

of operations and cash flows of the Company as of and for the nine month period ending September 30, 2024 and not necessarily indicative

of the results to be expected for the full year ending December 31, 2024.

These financial statements and related footnotes should be read

in conjunction with the financial statements and footnotes included in the Company’s financial statements for the year ended

December 31, 2023.

The accompanying condensed financial statements

have been prepared by the Company without audit.

In the opinion of management, all adjustments (which include only normal recurring adjustments)

necessary to present fairly the financial position, results of operations, and cash flows at September 30, 2024 and for the related periods

Use of Estimates

6 unchanged sentences

Concentration of Credit Risk

Financial instruments which potentially subject

the Company to concentration of credit risk consist of cash deposits and customer receivables.

The Company maintains cash with

various major financial institutions.

Financial instruments which potentially

subject the Company to concentration of credit risk consist of cash deposits and customer receivables.

The Company maintains cash

with various major financial institutions.

The Company performs periodic evaluations of the relative credit standing of these

3 unchanged sentences

Cash and Cash Equivalents

We consider all highly liquid securities with original

maturities of three months or less when acquired to be cash equivalents.

There were no cash equivalents as of June 30, 2024 and December

We consider all highly liquid securities with

original maturities of three months or less when acquired to be cash equivalents.

There were no cash equivalents as of September 30, 2024

and December 31, 2023.

Net Income (Loss) Per Common Share

Net income (loss)

per common share is computed pursuant to section 260-10-45 of the FASB Accounting Standards Codification.

Basic net income (loss) per

common share is computed by dividing net income (loss) by the weighted average number of shares of common stock outstanding during the

Diluted net income (loss) per common share is computed by dividing net income (loss) by the weighted average number of shares

of common stock and potentially outstanding shares of common stock during the period.

The weighted average number of common shares outstanding

and potentially outstanding common shares assumes that the Company incorporated as of the beginning of the first period presented.

of June 30, 2024 and 2023, the Company’s diluted loss per share is the same as the basic loss per share, as the inclusion of any

potential shares would have had an anti-dilutive effect due to the Company generating a loss.

income (loss) per common share is computed pursuant to section 260-10-45 of the FASB Accounting Standards Codification.

Basic net income

(loss) per common share is computed by dividing net income (loss) by the weighted average number of shares of common stock outstanding

during the period.

Diluted net income (loss) per common share is computed by dividing net income (loss) by the weighted average number

of shares of common stock and potentially outstanding shares of common stock during the period.

The weighted average number of common

shares outstanding and potentially outstanding common shares assumes that the Company incorporated as of the beginning of the first period

As of September 30, 2024 and 2023, the Company’s diluted loss per share is the same as the basic loss per share,

as the inclusion of any potentially dilutive shares would have had an anti-dilutive effect due to the Company generating a loss.

Recent Accounting Pronouncements

5 unchanged sentences

NOTE 3 - GOING CONCERN

The accompanying unaudited financial statements have

been prepared on a going concern basis, which contemplates the realization of assets and the satisfaction of liabilities in the normal

The accompanying unaudited financial statements

have been prepared on a going concern basis, which contemplates the realization of assets and the satisfaction of liabilities in the normal

course of business.

The Company has no revenue and has an accumulated deficit as of June 30, 2024.

The Company requires capital for its

contemplated operational and marketing activities.

The Company has no revenue and has an accumulated deficit as of September 30, 2024.

The Company requires capital for

its contemplated operational and marketing activities.

The Company’s ability to raise additional capital through the future issuances

7 unchanged sentences

NOTE 4 – PREFERRED STOCK

The Company has authorized 5,000,000 shares of Preferred

The Company has authorized 5,000,000 shares of

Preferred Stock.

1,000,000 of those shares are designated as Series A Convertible Preferred Stock (“Series A”).

Each share of Convertible

Series A Preferred Stock is convertible into 1,000 shares of common stock.

In addition, the Convertible Series A Preferred Stock has voting

privileges of 1,000 votes per one share of Series A.

of Convertible Series A Preferred Stock is convertible into 1,000 shares of common stock.

In addition, the Convertible Series A Preferred

Stock has voting privileges of 1,000 votes per one share of Series A.

The Convertible Series A Preferred Stock is not entitled to dividend.

On January 21, 2023, 300,000 shares of Series A was

sold to Small Cap Compliance, LLC (“SCC”) for $ 40,000 .

On January 21, 2023, 300,000 shares of Series

A were sold to Small Cap Compliance, LLC (“SCC”) for $ 40,000 .

These shares represent a change of control.

With the change of control,

the Company has implemented a new business plan of regulatory compliance consulting for public companies.

With the change

of control, the Company has implemented a new business plan of regulatory compliance consulting for public companies.

On March 3, 2023, the Company cancelled the 110,000

3 unchanged sentences

the Company $ 30,641 to pay for general operating expenses.

During the six months ended June 30, 2024, SCC advance the company an additional

$ 38,776 , for a total due of $ 69,147 as of June 30, 2024.

During the nine months ended September 30, 2024, SCC advance the company an

additional $ 47,573 , for a total due of $ 78,214 as of September 30, 2024.

The advance is non-interest bearing and due on demand.

During the year ended December 31, 2023, the Company

granted 1,000,000 shares of common stock to SCC for consulting services, for total non-cash expense of $1,000.

During the year ended December 31, 2023, the

Company granted 1,000,000

shares of common stock to SCC for consulting services, for total non-cash expense of $1,000.

NOTE 6 – RESTATEMENT

2 unchanged sentences

described below.

of adjustments to balance sheet

As of December 31, 2023

13 unchanged sentences

Additional paid-in capital

( 12,769 ) (1)(3)

Accumulated deficit

( 5,391 ) (2)

Total Stockholders’ Deficit

8 unchanged sentences

In accordance with SFAS 165 (ASC 855-10) management

has performed an evaluation of subsequent events through the date that the financial statements were issued and has determined that it

has the following material subsequent events to disclose in these financial statements.

Subsequent to June 30, 2024, SCC advanced the Company

$3,492 to pay for general operating expenses.

The advance is non-interest bearing and due on demand.

has performed an evaluation of subsequent events through the date that the unaudited financial statements were issued and has determined

that there are no material subsequent events to disclose in these financial statements.

Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.

What changed 10-Q

Item 1. Financial Statements