Invech Holdings, Inc. (OTC PINK: IVHI) has announced a change in control and new management, with Alexander M. Woods-Leo taking over as CEO and majority owner. The company, which specializes in regulatory document drafting and consulting for public companies, as well as software development in the SAAS space, is now setting its sights on expanding its technology portfolio through acquisitions and funding solutions. The change in control was formally disclosed in an 8K filing with the Securities and Exchange Commission, available at SEC filing.
Alexander M. Woods-Leo, at 38, brings a diverse background spanning over two decades in computer technology, 15 years in sales and marketing, a decade in banking, and 10 years of strategic business consulting. He is a two-time patent-awarded inventor and has published apps on three platforms, with specialized experience in funding startups. Under his leadership, Invech Holdings plans to expand its business to include SAAS platform coding services and development, alongside new technology acquisitions, funding solutions, and asset purchases.
In a statement, Woods-Leo emphasized the company's ambition to move beyond the OTC tier. "There is a plan in motion whereas the company is preparing to announce funding terms, and asset acquisitions," he said. "I am leveraging my last 15 years of contacts globally to bring this company to the next level and enhance its operations." He confirmed that the company will continue to file with the SEC and conduct PCAOB audits but will no longer file with OTC Markets for OTCIQ.
To support this transition, Invech Holdings has updated its website, accessible at www.invechholdings.com, and engaged the legal firm Brunson Chandler and Jones for all filing and legal advisory matters. The company's decision to exit OTC Markets and focus on SEC filings and audits underscores a commitment to higher regulatory standards and investor transparency.
The implications of this announcement are significant for current and potential shareholders. The new management's strategy to pivot toward technology development and acquisitions, coupled with an experienced CEO who has a track record in funding and innovation, could position Invech Holdings for growth. However, the company also faces risks common to forward-looking statements, including market acceptance, competition, and the ability to execute its plans. As Invech Holdings embarks on this new chapter, stakeholders will be watching closely for the promised funding terms and asset acquisitions.
