Financial Statements
−Removed: INVECH HOLDINGS, INC .
+Added: INVECH HOLDINGS,
BALANCE SHEETS
−Removed: September 30,
Current Assets:
4 unchanged sentences
Total Liabilities
+Added: Commitments and contingencies
Stockholders' Deficit:
10 unchanged sentences
Total Liabilities and Stockholders' Deficit
−Removed: The accompanying notes are an integral part
−Removed: of these unaudited financial statements.
−Removed: INVECH HOLDINGS, INC .
+Added: The accompanying notes are an integral part of these
+Added: unaudited financial statements.
+Added: INVECH HOLDINGS,
STATEMENTS OF OPERATIONS
For the Three Months Ended
−Removed: For the Nine Months Ended
−Removed: September 30,
−Removed: September 30,
Operating Expenses:
2 unchanged sentences
Loss from operations
+Added: Net loss before income taxes
+Added: Income tax expense
Loss per share– basic and diluted
Weighted average shares – basic and diluted
−Removed: Accompanying notes are an integral part of these
+Added: The accompanying notes are an integral part of these
unaudited financial statements .
−Removed: INVECH HOLDINGS, INC .
−Removed: STATEMENTS OF CHANGES IN STOCKHOLDERS’ EQUITY
−Removed: FOR THE THREE AND NINE MONTHS ENDED SEPTEMBER 30, 2024 AND 2023
+Added: INVECH HOLDINGS,
+Added: STATEMENTS OF CHANGES IN STOCKHOLDERS’ DEFICIT
+Added: FOR THE THREE MONTHS ENDED MARCH 31, 2025 AND 2024
Series A Preferred Stock
Total Stockholders’
−Removed: Balance at December 31, 2023 (Restated)
+Added: Balance at December 31, 2024
$ ( 307,065 )
Balance at March 31, 2025
−Removed: Balance at June 30, 2024
−Removed: Balance at September 30, 2024
$ ( 338,442 )
Series A Preferred Stock
−Removed: Stockholders’ Equity
+Added: Total Stockholders’
Balance at December 31, 2023
$ ( 246,590 )
−Removed: Preferred shares cancelled
−Removed: Preferred shares sold for cash – related party
Balance at March 31, 2024
−Removed: Balance at June 30, 2023
−Removed: Common stock issued for consulting – related party
−Removed: Balance at September 30, 2023
$ ( 276,207 )
−Removed: The accompanying notes are an integral part
−Removed: of these unaudited financial statement
−Removed: INVECH HOLDINGS, INC .
−Removed: CONDENSED STATEMENTS OF CASH FLOWS (Unaudited)
−Removed: For the Nine Months Ended
−Removed: September 30,
+Added: The accompanying notes are an integral part of these
+Added: unaudited financial statements.
+Added: INVECH HOLDINGS,
+Added: STATEMENTS OF CASH FLOWS
+Added: For the Three Months Ended
Cash flows from operating activities:
5 unchanged sentences
Cash advances – related party
−Removed: Preferred stock sold for cash – related party
Net cash provided by financing activities
2 unchanged sentences
Cash, end of period
−Removed: The accompanying notes are an integral part
−Removed: of these unaudited financial statements.
−Removed: INVECH HOLDINGS,
−Removed: Notes to the Condensed Financial
−Removed: September 30, 2024
+Added: The accompanying notes are an integral part of these
+Added: unaudited financial statements.
+Added: INVECH HOLDINGS, INC .
+Added: Notes to the Financial Statements
+Added: March 31, 2025
NOTE 1 - ORGANIZATION AND DESCRIPTION OF BUSINESS
Invech Holdings, Inc.
−Removed: was incorporated under the laws of the State of Nevada on December 17, 1998, as Explore Technologies, Inc.
−Removed: On July 19, 2018, the name
−Removed: of the Company was changed to Invech Holdings, Inc.
+Added: (OTC “IVHI”) was
+Added: incorporated under the laws of the State of Nevada on December 17, 1998, as Explore Technologies, Inc.
+Added: On July 19, 2018, the name of the
+Added: 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
−Removed: of operations and cash flows of the Company as of and for the nine month period ending September 30, 2024 and not necessarily indicative
+Added: of operations and cash flows of the Company as of and for the three month period ending March 31, 2025 and not necessarily indicative
of the results to be expected for the full year ending December 31, 2025.
−Removed: These financial statements and related footnotes should be read
−Removed: in conjunction with the financial statements and footnotes included in the Company’s financial statements for the year ended
−Removed: December 31, 2023.
−Removed: The accompanying condensed financial statements
−Removed: have been prepared by the Company without audit.
−Removed: In the opinion of management, all adjustments (which include only normal recurring adjustments)
−Removed: 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
−Removed: Financial instruments which potentially
−Removed: subject the Company to concentration of credit risk consist of cash deposits and customer receivables.
+Added: Financial instruments which potentially subject
+Added: the Company to concentration of credit risk consist of cash deposits and customer receivables.
The Company maintains cash
2 unchanged sentences
institutions.
−Removed: To reduce risk, the Company performs credit evaluations of its customers and maintains reserves when necessary for
−Removed: potential credit losses.
+Added: To reduce risk, the Company performs credit evaluations of its customers and maintains reserves when
+Added: necessary for potential credit losses.
Cash and cash equivalents
−Removed: We consider all highly liquid securities with
−Removed: original maturities of three months or less when acquired to be cash equivalents.
−Removed: There were no cash equivalents as of September 30, 2024
−Removed: and December 31, 2023.
+Added: We consider all highly liquid securities with original
+Added: maturities of three months or less when acquired to be cash equivalents.
+Added: There were no cash equivalents as of March 31, 2025 and December
Net Income (Loss) Per Common Share
−Removed: income (loss) per common share is computed pursuant to section 260-10-45 of the FASB Accounting Standards Codification.
−Removed: Basic net income
−Removed: (loss) per common share is computed by dividing net income (loss) by the weighted average number of shares of common stock outstanding
−Removed: during the period.
−Removed: Diluted net income (loss) per common share is computed by dividing net income (loss) by the weighted average number
−Removed: of shares of common stock and potentially outstanding shares of common stock during the period.
−Removed: The weighted average number of common
−Removed: shares outstanding and potentially outstanding common shares assumes that the Company incorporated as of the beginning of the first period
−Removed: As of September 30, 2024 and 2023, the Company’s diluted loss per share is the same as the basic loss per share,
−Removed: as the inclusion of any potentially dilutive shares would have had an anti-dilutive effect due to the Company generating a loss.
+Added: Net income (loss) per common share is
+Added: computed pursuant to section 260-10-45 of the FASB Accounting Standards Codification.
+Added: Basic net income (loss) per common share is computed
+Added: by dividing net income (loss) by the weighted average number of shares of common stock outstanding during the period.
+Added: Diluted net income
+Added: (loss) per common share is computed by dividing net income (loss) by the weighted average number of shares of common stock and potentially
+Added: outstanding shares of common stock during the period.
+Added: The weighted average number of common shares outstanding and potentially outstanding
+Added: common shares assumes that the Company incorporated as of the beginning of the first period presented.
+Added: As of March 31, 2025 and
+Added: 2024, the Company’s diluted loss per share is the same as the basic loss per share, as the inclusion of any potentially dilutive
+Added: 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
−Removed: The accompanying unaudited financial statements
−Removed: have been prepared on a going concern basis, which contemplates the realization of assets and the satisfaction of liabilities in the normal
+Added: The accompanying unaudited financial statements have
+Added: been prepared on a going concern basis, which contemplates the realization of assets and the satisfaction of liabilities in the normal
course of business.
−Removed: The Company has no revenue and has an accumulated deficit as of September 30, 2024.
−Removed: The Company requires capital for
−Removed: its contemplated operational and marketing activities.
+Added: The Company has no revenue and has an accumulated deficit as of March 31, 2025.
+Added: The Company requires capital for its
+Added: contemplated operational and marketing activities.
The Company’s ability to raise additional capital through the future issuances
4 unchanged sentences
as a going concern.
−Removed: The unaudited financial statements of the Company do not include any adjustments that may result from the outcome
−Removed: of these uncertainties.
+Added: The financial statements of the Company do not include any adjustments that may result from the outcome of these uncertainties.
NOTE 4 - PREFERRED STOCK
−Removed: The Company has authorized 5,000,000 shares of
−Removed: Preferred Stock.
+Added: The Company has authorized 5,000,000 shares of Preferred
1,000,000 of those shares are designated as Series A Convertible Preferred Stock (“Series A”).
−Removed: of Convertible Series A Preferred Stock is convertible into 1,000 shares of common stock.
−Removed: In addition, the Convertible Series A Preferred
−Removed: Stock has voting privileges of 1,000 votes per one share of Series A.
+Added: Each share of Convertible
+Added: Series A Preferred Stock is convertible into 1,000 shares of common stock.
+Added: In addition, the Convertible Series A Preferred Stock has voting
+Added: privileges of 1,000 votes per one share of Series A.
The Convertible Series A Preferred Stock is not entitled to dividend.
−Removed: On January 21, 2023, 300,000 shares of Series
−Removed: A were sold to Small Cap Compliance, LLC (“SCC”) for $ 40,000 .
−Removed: These shares represent a change of control.
−Removed: With the change
−Removed: of control, the Company has implemented a new business plan of regulatory compliance consulting for public companies.
−Removed: On March 3, 2023, the Company cancelled the 110,000
−Removed: Series A that were issued and outstanding as of December 31, 2022.
NOTE 5 - RELATED PARTY TRANSACTIONS
−Removed: During the year ended December 31, 2023, SCC advanced
−Removed: the Company $ 30,641 to pay for general operating expenses.
−Removed: During the nine months ended September 30, 2024, SCC advance the company an
−Removed: additional $ 47,573 , for a total due of $ 78,214 as of September 30, 2024.
+Added: During the three months ended March 31, 2025, SCC
+Added: advanced the Company $ 33,867 to pay for general operating expenses.
The advance is non-interest bearing and due on demand.
−Removed: During the year ended December 31, 2023, the
−Removed: Company granted 1,000,000
−Removed: shares of common stock to SCC for consulting services, for total non-cash expense of $1,000.
−Removed: NOTE 6 – RESTATEMENT
−Removed: Per ASC 250-10 Accounting Changes and Error Corrections,
−Removed: the financial statements for the year ended December 31, 2023, have been restated to make adjustments to the balance sheet accounts as
−Removed: described below.
−Removed: As of December 31, 2023
−Removed: Current Assets:
−Removed: Current Liabilities:
−Removed: Due to related party
−Removed: Due to a former related party
−Removed: Total Liabilities
−Removed: Stockholders' Deficit:
−Removed: Preferred stock, $0.001 par value;
−Removed: 5,000,000 shares authorized
−Removed: Series A Preferred stock, $0.001 par value;
−Removed: 1,000,000 shares designated;
−Removed: 300,000 shares issued and outstanding
−Removed: Common stock, $0.001 par value;
−Removed: 500,000,000 shares authorized, 10,521,335 shares issued and outstanding
−Removed: Additional paid-in capital
−Removed: ( 12,769 ) (1)(3)
−Removed: Accumulated deficit
−Removed: ( 5,391 ) (2)
−Removed: Total Stockholders’ Deficit
−Removed: Total Liabilities and Stockholders' Deficit
−Removed: _________________________
−Removed: (1) – Add back related party debt previously written off.
−Removed: (2) – Add back accruals previously written off.
−Removed: (3) – Adjust for par value of outstanding shares.
−Removed: (4) – Adjust for par value of outstanding shares.
−Removed: (5) – Record additional audit fees.
NOTE 6 - SUBSEQUENT EVENTS
In accordance with SFAS 165 (ASC 855-10) management
−Removed: has performed an evaluation of subsequent events through the date that the unaudited financial statements were issued and has determined
−Removed: that there are no material subsequent events to disclose in these financial statements.
+Added: has performed an evaluation of subsequent events through the date that the financial statements were issued and has determined that there
+Added: are no material subsequent events to disclose in these financial statements other than the following.
+Added: Subsequent to March 31, 2025, SCC advanced the Company
+Added: $182 to pay for general operating expenses.
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.