Invech Holdings, Inc. (OTC PINK: IVHI) has announced a significant change in control and a new strategic direction under the leadership of CEO Alexander M. Woods-Leo. The company, which specializes in regulatory document drafting, consulting for public companies, and software development, filed an 8K with the Securities and Exchange Commission detailing the control change. The filing can be accessed at SEC filing.
Alexander M. Woods-Leo, who brings over 15 years of experience leading private and public companies, aims to elevate Invech Holdings beyond the OTC tier. The company plans to expand its business to include SAAS platform coding and development, along with new technology acquisitions, funding solutions, and asset purchases. "There is a plan in motion whereas the company is preparing to announce funding terms, and asset acquisitions," Woods-Leo stated. "I am leveraging my last 15 years of contacts globally to bring this company to the next level and enhance its operations."
Invech Holdings intends to continue filing with the SEC and conducting PCAOB audits but will cease filing with OTC Markets for OTCID, signaling a move toward a more regulated market. The company has also updated its website, www.invechholdings.com, which will be enhanced over time. Additionally, Invech has retained Brunson Chandler and Jones for legal assistance with filings and corporate matters.
This strategic shift underscores Invech Holdings' commitment to growth and compliance, leveraging the new CEO's extensive background in technology, sales, marketing, banking, and strategic consulting. Woods-Leo, a two-time patent-awarded inventor and app publisher, brings specialized experience in funding startups, which could be instrumental in the company's expansion plans.
The announcement comes with a safe harbor statement cautioning that forward-looking statements involve risks and uncertainties. Factors such as market acceptance, competition, and regulatory changes could affect actual results. The company undertakes no obligation to update these statements.
