Invech Holdings, Inc. (OTC PINK: IVHI) has announced a significant change in control and management, signaling a new strategic direction for the company. The Nevada corporation, headquartered in Wyoming, specializes in drafting regulatory documents and consulting for public companies, as well as software development in the SAAS (Software as a Service) space. The company recently filed an 8K with the Securities and Exchange Commission detailing the control change, which can be viewed here.
Alexander M. Woods-Leo has assumed the roles of CEO and majority owner. At 38 years old, Woods-Leo brings a wealth of experience, including over 20 years in computer technology, more than 15 years in sales and marketing, 10 years in banking, and a decade in strategic business consulting. He is a two-time patent-awarded inventor and has published apps on three different platforms. His background includes funding startups and leading both private and public companies for nearly 15 years.
Under new management, Invech Holdings is expanding its business to include SAAS platform coding and development services. The company plans to introduce new technology acquisitions, funding solutions, and asset purchases. Notably, the current management has no interest in remaining on the OTC Markets tier. Woods-Leo stated, "There is a plan in motion whereas the company is preparing to announce funding terms, and asset acquisitions. I am leveraging my last 15 years of contacts globally to bring this company to the next level and enhance its operations." The company intends to continue filing with the SEC and conducting PCAOB audits but will no longer file with OTC Markets for OTC identification.
Invech Holdings has also launched a new website, which will be updated as the company evolves. The site can be accessed at www.invechholdings.com. Additionally, the company has retained the law firm Brunson Chandler and Jones to assist with all legal and filing matters.
This strategic shift underscores Invech Holdings' commitment to pursuing growth through technology and asset acquisitions, while distancing itself from the over-the-counter market. The company's focus on SAAS development and funding solutions positions it for potential uplisting to a higher exchange in the future. Investors should monitor upcoming announcements regarding funding terms and acquisitions.
