{"url_path":"/sec/ivhi/10-k/2026/item-16","section_key":"item-16","section_title":"Item 16 **","topic":"sec","document":{"doc_type":"10-K","doc_date":"2026-01-20","source_url":"https://www.sec.gov/Archives/edgar/data/1009919/0001683168-26-000412-index.html","accession_number":"0001683168-26-000412","cik":"0001009919","ticker":"IVHI","issuer_name":"Invech Holdings, Inc.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1009919/0001683168-26-000412-index.html","primary_entity_key":"0001009919","primary_entity_name":"Invech Holdings, Inc."},"word_count":3335,"has_tables":true,"body_markdown":"** **\n\n**Item 16.**\n**Form 10-K Summary**\n\n** **\n\nN/A\n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n 28 \n\n \n\n \n\n**SIGNATURES**\n\n \n\nPursuant to the requirements\nof the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto\nduly authorized, on January 20, 2026.\n\n \n\n \n\n \n \n \n**INVECH HOLDINGS, INC.**\n \n\n \n \n \n \n \n \n\n \n \n \nBy:  \n/s/ Rhonda Keaveney\n \n\n \n \n \n \n\nRhonda Keaveney\n\nChief Executive Officer\n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n 29 \n\n \n\n \n\n** **\n\n**INVECH HOLDINGS, INC.**\n\n**INDEX\nTO CONSOLIDATED FINANCIAL STATEMENTS**\n\n**(Audited)**\n\n \n\n[Report of Independent Registered Public Accounting Firm](#k_001)\nF-1\n\n \n \n\n[Balance Sheets as of December 31, 2025 and 2024](#k_002)\nF-2\n\n \n \n\n[Statements of Operations for the Years ended December 31, 2025 and 2024](#k_003)\nF-3\n\n \n \n\n[Statement of Changes in Stockholders’ Equity (Deficit) for the Years ended December 31, 2025 and 2024](#k_004)\nF-4\n\n \n \n\n[Statements of Cash Flows for the Years ended December 31, 2025 and 2024](#k_005)\nF-5\n\n \n \n\n[Notes to Financial Statements](#k_006)\nF-6\n\n \n\n  \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n 30 \n\n \n\n \n\n**Report of Independent Registered Public Accounting\nFirm**\n\n** **\n\nMICHAEL GILLESPIE & ASSOCIATES, PLLC\n\n**CERTIFIED PUBLIC ACCOUNTANTS**\n\n**Vancouver, WA 98666**\n\n**206.353.5736**\n\n \n\nREPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM\n\n \n\nTo the Shareholders, Board of Directors & Shareholders\n\nInvech Holdings, Inc.\n\n \n\n**Opinion on the Financial Statements**\n\n** **\n\nWe have audited the accompanying restated balance sheets of Invech\nHoldings, Inc. as of December 31, 2025 and 2024 and the related statements of operations, changes in stockholders’ deficit, cash\nflows, and the related notes (collectively referred to as “financial statements”) for the years then ended. In our opinion,\nthe financial statements present fairly, in all material respects, the restated financial position of the Company as of December 31, 2025\nand 2024 and the results of its operations and its cash flows for the years December 31, 2025 and 2024 in conformity with accounting principles\ngenerally accepted in the United States of America.\n\n \n\n**Going Concern**\n\n** **\n\nThe accompanying financial statements have been\nprepared assuming the Company will continue as a going concern. As discussed in Note #3 to the financial statements, although the Company\nhas limited operations and it has yet to attain profitability. This raises substantial doubt about its ability to continue as a going\nconcern. Management’s plan in regard to these matters is also described in Note #3. The financial statements do not include any\nadjustments that might result from the outcome of this uncertainty.\n\n \n\n**Basis for Opinion**\n\n** **\n\nThese financial statements are the responsibility of the Company’s\nmanagement. Our responsibility is to express an opinion on the Company’s financial statements based on our audit. We are a public\naccounting firm registered with the Public Company Accounting Oversight Board (United States) (PCAOB) and are required to be independent\nwith respect to the Company in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities\nand Exchange Commission and the PCAOB.\n\n \n\nWe conducted our audits in accordance with the\nstandards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial\nstatements are free of material misstatement, whether due to error or fraud. The Company is not required to have, nor were we engaged\nto perform, an audit of its internal control over financial reporting. As part of our audit, we are required to obtain an understanding\nof internal control over financial reporting, but not for the purpose of expressing an opinion on the effectiveness of the Company’s\ninternal control over financial reporting. Accordingly, we express no such opinion.\n\n \n\nOur audits included performing procedures to assess\nthe risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond\nto those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements.\nOur audit also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating\nthe overall presentation of the financial statements. We believe that our audit provides a reasonable basis for our opinion.\n\n \n\n/S/ MICHAEL GILLESPIE & ASSOCIATES, PLLC\n\nWe have served as the Company’s auditor since 2024.\n\n \n\nPCAOB ID: 6108\n\nVancouver, Washington\n\nJanuary 16, 2026\n\n \n\n \n\n \n\n F-1 \n\n \n\n \n\n**INVECH HOLDINGS, INC****.** ****\n\n**BALANCE SHEETS**\n\n \n\n****\n\n \n\n  \n  \n \n\n  \nDecember 31, \nDecember 31,\n\n  \n2025 \n2024\n\nASSETS \n    \n   \n\nCurrent Assets: \n    \n   \n\n  \n    \n   \n\nCash \n$–  \n$– \n\nPrepaid \n 1,500  \n 1,260 \n\n  \n    \n   \n\nTotal Assets \n$1,500  \n$1,260 \n\n  \n    \n   \n\nLIABILITIES AND STOCKHOLDERS' DEFICIT \n    \n   \n\n  \n    \n   \n\nCurrent Liabilities: \n    \n   \n\nDue to a related party \n$58,258  \n$– \n\nDue to a former related party \n –  \n 4,443 \n\nAccruals \n 5,391  \n 5,391 \n\nTotal Liabilities \n 63,649  \n 9,834 \n\n  \n    \n   \n\nCommitments and contingencies \n –  \n – \n\n  \n    \n   \n\nStockholders' Deficit: \n    \n   \n\nPreferred stock, $0.001 par value; 5,000,000 shares authorized \n –  \n – \n\nSeries A Preferred stock, $0.001 par value; 1,000,000 shares designated; 300,000 and 300,000 shares issued and outstanding, respectively \n 300  \n 300 \n\nCommon stock, $0.001 par value; 500,000,000 shares authorized, 100,521,335 and 100,521,335 shares issued and outstanding, respectively \n 100,521  \n 100,521 \n\nAdditional paid-in capital \n 202,113  \n 197,670 \n\nAccumulated deficit \n (365,083) \n (307,065)\n\nTotal Stockholders’ Deficit \n (62,149) \n (8,574)\n\n  \n    \n   \n\nTotal Liabilities and Stockholders' Deficit \n$1,500  \n$1,260 \n\n \n\n*The accompanying notes are an integral part\nof these financial statements.*\n\n \n\n \n\n \n\n \n\n F-2 \n\n \n\n \n\n**INVECH HOLDINGS, INC****.** ****\n\n**STATEMENTS OF OPERATIONS**\n\n \n\n \n\n  \n \n \n \n \n \n \n\n  \nFor the Years Ended\n\n  \nDecember 31,\n\n  \n2025 \n2024\n\nOperating Expenses: \n    \n   \n\nGeneral and administrative expenses \n$58,018  \n$60,475 \n\nTotal operating expenses \n 58,018  \n 60,475 \n\n  \n    \n   \n\nLoss from operations \n (58,018) \n (60,475)\n\n  \n    \n   \n\nNet Loss \n$(58,018) \n$(60,475)\n\n  \n    \n   \n\nLoss per share– basic and diluted \n$(0.00) \n$(0.00)\n\n  \n    \n   \n\nWeighted average shares – basic and diluted \n 100,521,335  \n 20,384,349 \n\n \n\n*The accompanying notes are an integral part\nof these financial statements.*\n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n F-3 \n\n \n\n \n\n**INVECH HOLDINGS, INC.**\n\n**STATEMENT OF CHANGES IN STOCKHOLDERS’\nEQUITY**\n\n**FOR THE YEARS ENDED DECEMBER 31, 2025 AND 2024**\n\n \n\n  \n \n \n \n \n \n  \n \n \n \n \n \n  \n  \n  \n \n\n  \nSeries A Preferred Stock \nCommon Stock \nAdditional\nPaid in \nAccumulated \n\nTotal Stockholders’\nEquity\n\n  \nShares \nAmount \nShares \nAmount \nCapital \nDeficit \n(Deficit)\n\nBalance at December 31, 2023 \n 300,000  \n$300  \n 10,521,335  \n$10,521  \n$202,294  \n$(246,590) \n$(33,475)\n\nCommon stock issued for debt – related party \n –  \n –  \n 90,000,000  \n 90,000  \n (4,624) \n –  \n 85,376 \n\nNet loss \n –  \n –  \n –  \n –  \n –  \n (60,475) \n (60,475)\n\nBalance at December 31, 2024 \n 300,000  \n 300  \n 100,521,335  \n 100,521  \n 197,670  \n (307,065) \n (8,574)\n\nForgiveness of related party debt \n –  \n –  \n –  \n –  \n 4,443  \n –  \n 4,443 \n\nNet loss \n –  \n –  \n –  \n –  \n –  \n (58,018) \n (58,018)\n\nBalance at December 31, 2025 \n 300,000  \n$300  \n 100,521,335  \n$100,521  \n$202,113  \n$(365,083) \n$(62,149)\n\n \n\n*The accompanying notes are an integral part\nof these financial statements.*\n\n* *\n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n F-4 \n\n \n\n \n\n**INVECH HOLDINGS, INC.**\n\n**STATEMENTS OF CASH FLOWS**\n\n \n\n  \n \n \n \n \n \n \n\n  \nFor the Years Ended\n\n  \nDecember 31,\n\n  \n2025 \n2024\n\nCash flows from operating activities: \n    \n   \n\nNet loss \n$(58,018) \n$(60,475)\n\nAdjustments to reconcile net loss to net cash used in operating activities: \n    \n   \n\nChanges in assets and liabilities: \n    \n   \n\nPrepaid \n (240) \n (1,260)\n\n  \n    \n   \n\nNet cash used in operating activities \n (58,258) \n (61,735)\n\n  \n    \n   \n\nCash flows from investing activities: \n –  \n – \n\n  \n    \n   \n\nCash flows from financing activities: \n    \n   \n\nCash advances – related party \n 58,258  \n 54,735 \n\nNet cash provided by financing activities \n 58,258  \n 54,735 \n\n  \n    \n   \n\nNet change in cash \n –  \n (7,000)\n\n  \n    \n   \n\nCash, beginning of year \n –  \n 7,000 \n\n  \n    \n   \n\nCash, end of year \n$–  \n$– \n\n  \n    \n   \n\nDisclosure of non-cash financing activity: \n    \n   \n\nCommon stock issued for debt – related party \n$–  \n$85,376 \n\nForgiveness of related party debt \n$4,443  \n$– \n\n \n\n*Accompanying notes are an integral part of these\nfinancial statements.*\n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n F-5 \n\n \n\n \n\n**INVECH HOLDINGS,\nINC****.**\n\n**Notes to the Financial Statements**\n\n**December 31, 2025**\n\n \n\n \n\n**NOTE 1 - ORGANIZATION AND DESCRIPTION OF BUSINESS**\n\n \n\nInvech Holdings, Inc. (OTC “IVHI”)\nwas incorporated under the laws of the State of Nevada on December 17, 1998, as Explore Technologies, Inc. On July 19, 2018, the name\nof the Company was changed to Invech Holdings, Inc.\n\n \n\nOn January 21, 2023, 300,000 shares of Convertible\nSeries A Preferred Stock was sold to Small Cap Compliance, LLC for $40,000. These shares represent a change of control.\n\n \n\nWith the change of control, the Company is moving\nin a new direction, specializing in drafting regulatory documents and consulting for public companies. Services include FINRA corporate\nfilings, drafting incorporation and corporate documents, drafting OTC Markets Disclosure Statements, and general public company compliance.\nThe Company will act as an outside consulting firm for these services.\n\n \n\n**NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING\nPOLICIES**\n\n** **\n\n*Basis of Presentation*\n\nThe financial statements of the Company have been\nprepared in accordance with United States generally accepted accounting principles (“US GAAP”) and are reported in United\nStates dollars.\n\n \n\n*Use of Estimates*\n\nThe preparation of financial statements in conformity\nwith accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that\naffect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial\nstatements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from\nthose estimates.\n\n** **\n\n*Concentration of credit risk*\n\nFinancial instruments which potentially\nsubject the Company to concentration of credit risk consist of cash deposits and customer receivables. The Company maintains cash\nwith various major financial institutions. The Company performs periodic evaluations of the relative credit standing of these\ninstitutions. To reduce risk, the Company performs credit evaluations of its customers and maintains reserves when necessary for\npotential credit losses.\n\n \n\n*Cash and cash equivalents*\n\nWe consider all highly liquid securities with\noriginal maturities of three months or less when acquired to be cash equivalents. There were no cash equivalents as of December 31, 2025\nand 2024.\n\n* *\n\n*Stock-based Compensation*\n\nWe account for equity-based transactions with\nemployees and non-employees under the provisions of ASC 718, Compensation - Stock Compensation, which establishes that equity awards issued\nto employees and non-employees for services are valued at the grant date fair value of the equity award. An expense is recognized over\nthe requisite service or vesting period. The fair value of stock options issued as compensation shall be estimated by using a valuation\ntechnique or model that complies with the measurement objective, as described in ASC 718.\n\n \n\n \n\n \n\n F-6 \n\n \n\n \n\n*Fair Value of Financial Instruments*\n\nThe Company follows paragraph 825-10-50-10 of\nthe FASB Accounting Standards Codification for disclosures about fair value of its financial instruments and paragraph 820-10-35-37 of\nthe FASB Accounting Standards Codification (“Paragraph 820-10-35-37”) to measure the fair value of its financial instruments.\nParagraph 820-10-35-37 establishes a framework for measuring fair value in accordance with US GAAP and expands disclosures about fair\nvalue measurements. To increase consistency and comparability in fair value measurements and related disclosures, Paragraph 820-10-35-37\nestablishes a fair value hierarchy which prioritizes the inputs to valuation techniques used to measure fair value into three (3) broad\nlevels. The fair value hierarchy gives the highest priority to quoted prices (unadjusted) in active markets for identical assets or liabilities\nand the lowest priority to unobservable inputs. The three (3) levels of fair value hierarchy defined by Paragraph 820-10-35-37 are described\nbelow:\n\n \n\nLevel 1: Quoted market prices available in active\nmarkets for identical assets or liabilities as of the reporting date.\n\n \n\nLevel 2: Pricing inputs other than quoted prices\nin active markets included in Level 1, which are either directly or indirectly observable as of the reporting date.\n\n \n\nLevel 3: Pricing inputs that are generally unobservable\ninputs and not corroborated by market data.\n\n \n\nThe carrying amount of the Company’s financial\nassets and liabilities, such as cash and accrued expenses, approximate their fair value because of the short maturity of those instruments.\nThe Company’s related party debt approximates the fair value of such instruments based upon management’s best estimate of\ninterest rates that would be available to the Company for similar financial arrangements at December 31, 2025 and 2024.\n\n \n\n*Income Taxes*\n\nThe Company follows Section 740-10-30 of the FASB\nAccounting Standards Codification, which requires recognition of deferred tax assets and liabilities for the expected future tax consequences\nof events that have been included in the financial statements or tax returns. Under this method, deferred tax assets and liabilities are\nbased on the differences between the financial statement and tax bases of assets and liabilities using enacted tax rates in effect for\nthe fiscal year in which the differences are expected to reverse. Deferred tax assets are reduced by a valuation allowance to the extent\nmanagement concludes it is more likely than not that the assets will not be realized. Deferred tax assets and liabilities are measured\nusing enacted tax rates expected to apply to taxable income in the fiscal years in which those temporary differences are expected to be\nrecovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in the Statements of Income\nin the period that includes the enactment date.\n\n \n\nThe Company follows section 740-10-25 of the FASB\nAccounting Standards Codification (“Section 740-10-25”) with regards to uncertainty income taxes. Section 740-10-25 addresses\nthe determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements.\nUnder Section 740-10-25, the Company may recognize the tax benefit from an uncertain tax position only if it is more likely than not that\nthe tax position will be sustained on examination by the taxing authorities, based on the technical merits of the position. The tax benefits\nrecognized in the financial statements from such a position should be measured based on the largest benefit that has a greater than fifty\npercent (50%) likelihood of being realized upon ultimate settlement. Section 740-10-25 also provides guidance on de-recognition, classification,\ninterest and penalties on income taxes, accounting in interim periods and requires increased disclosures. The Company had no material\nadjustments to its liabilities for unrecognized income tax benefits according to the provisions of Section 740-10-25.\n\n* *\n\n*Net Income (Loss) Per Common Share*\n\nNet\nincome (loss) per common share is computed pursuant to section 260-10-45 of the FASB Accounting Standards Codification. Basic net income\n(loss) per common share is computed by dividing net income (loss) by the weighted average number of shares of common stock outstanding\nduring the period. Diluted net income (loss) per common share is computed by dividing net income (loss) by the weighted average number\nof shares of common stock and potentially outstanding shares of common stock during the period. The weighted average number of common\nshares outstanding and potentially outstanding common shares assumes that the Company incorporated as of the beginning of the first period\npresented. As of December 31, 2025 and 2024, the Company’s diluted loss per share is the same as the basic loss per share,\nas the inclusion of any potentially dilutive shares would have had an anti-dilutive effect due to the Company generating a loss.\n\n \n\n \n\n \n\n F-7 \n\n \n\n \n\n*Operating Segments*\n\nOperating segments are defined as components of\nan entity for which discrete financial information is available that is regularly reviewed by the Chief Operating Decision Maker (“CODM”),\nor decision maker group, in deciding how to allocate resources to an individual segment and in assessing performance. Our chief operating\ndecision–making group is composed of the Chief Executive Officer. The Company has one operating segment as of December 31, 2025\nand 2024.\n\n \n\n*Recent Accounting Pronouncements*\n\nThe Company has implemented all applicable accounting\npronouncements that are in effect. These pronouncements did not have any material impact on the financial statements unless otherwise\ndisclosed, and the Company does not believe that there are any other new accounting pronouncements that have been issued that might have\na material impact on its financial position or results of operations.\n\n \n\n**NOTE 3 - GOING CONCERN**\n\n \n\nThe accompanying financial statements have been\nprepared on a going concern basis, which contemplates the realization of assets and the satisfaction of liabilities in the normal course\nof business. The Company has no revenue and has an accumulated deficit as of December 31, 2025. The Company requires capital for its contemplated\noperational and marketing activities. The Company’s ability to raise additional capital through the future issuances of common stock\nis unknown. The obtainment of additional financing, the successful development of the Company’s contemplated plan of operations,\nand its transition, ultimately, to the attainment of profitable operations are necessary for the Company to continue operations. These\nconditions and the ability to successfully resolve these factors raise substantial doubt about the Company’s ability to continue\nas a going concern. The financial statements of the Company do not include any adjustments that may result from the outcome of these uncertainties.\n\n** **\n\n**NOTE 4 – PREFERRED STOCK**\n\n \n\nThe Company has authorized 5,000,000 shares of\nPreferred Stock. 1,000,000 of those shares are designated as Series A Convertible Preferred Stock (“Series A”). Each share\nof Convertible Series A Preferred Stock is convertible into 1,000 shares of common stock. In addition, the Convertible Series A Preferred\nStock has voting privileges of 1,000 votes per one share of Series A. The Convertible Series A Preferred Stock is not entitled to dividend.\n\n \n\n**NOTE 5 – RELATED PARTY TRANSACTIONS**\n\n** **\n\nDuring the year ended December 31, 2023, SCC advanced\nthe Company $30,641 to pay for general operating expenses. During the year ended December 31, 2024, SCC advance the Company an additional\n$54,735, for a total due of $85,376. The advance was non-interest bearing and due on demand. On November 22, 2024, SCC converted the $85,376\ndue to them into 90,000,000 shares of common stock\n\n** **\n\nDuring the year ended December 31, 2025, SCC advanced\nthe Company $58,258, to pay for general operating expenses. The advance is non-interest bearing and due on demand.\n\n \n\nOn September 11, 2025, the Company and a prior\nrelated party executed a Cancellation of Debt for the outstanding amount due of $4,443. The $4,443 has been credited to additional paid\nin capital.\n\n \n\n \n\n \n\n F-8 \n\n \n\n \n\n**NOTE 6 – INCOME TAX**\n\n \n\nDeferred taxes are provided on a liability method\nwhereby deferred tax assets are recognized for deductible temporary differences and operating loss and tax credit carry forwards and deferred\ntax liabilities are recognized for taxable temporary differences. Temporary differences are the differences between the reported amounts\nof assets and liabilities and their tax bases. Deferred tax assets are reduced by a valuation allowance when, in the opinion of management,\nit is more likely than not that some portion or all of the deferred tax assets will not be realized. Deferred tax assets and liabilities\nare adjusted for the effects of changes in tax laws and rates on the date of enactment. The Company is using the U.S. federal income tax\nrate of 21%.\n\n \n\nThe provision for Federal income tax consists of the following December\n31:\n\n**Schedule of provision for federal income tax** \n  \n \n\n  \n2025 \n2024\n\nFederal income tax benefit attributable to: \n    \n   \n\nCurrent Operations \n$(12,180) \n$(12,700)\n\nChange in valuation allowance \n 12,180  \n 12,700 \n\nNet provision for Federal income taxes \n$–  \n$– \n\n \n\nThe cumulative tax effect at the expected\nrate of 21% of significant items comprising our net deferred tax amount is as follows:\n\n**Schedule of net deferred tax assets** \n  \n \n\n  \n2025 \n2024\n\nDeferred tax asset attributable to: \n    \n   \n\nNet operating loss carryover \n$(76,680) \n$(64,500)\n\nLess: valuation allowance \n 76,680  \n 64,500 \n\nNet deferred tax asset \n$–  \n$– \n\n \n\nAt December 31, 2025, the Company had net operating\nloss carry forwards of approximately $76,680 that may be offset against future taxable income. No tax benefit has been reported\nin the December 31, 2025 or 2024 financial statements since the potential tax benefit is offset by a valuation allowance of the same amount.\n\n \n\nDue to the change in ownership provisions of the\nTax Reform Act of 1986, net operating loss carry forwards for Federal income tax reporting purposes are subject to annual limitations.\nShould a change in ownership occur, net operating loss carry forwards may be limited as to use in future years.\n\n \n\nASC 740, Income Taxes, provides guidance on the\naccounting for uncertainty in income taxes recognized in a company’s financial statements. ASC 740 requires a company to determine\nwhether it is more likely than not that a tax position will be sustained upon examination based upon the technical merits of the position.\nIf the more-likely-than-not threshold is met, a company must measure the tax position to determine the amount to recognize in the financial\nstatements.\n\n \n\nThe Company files income tax returns in the U.S.\nfederal jurisdiction, and various state and local jurisdictions. Federal income tax returns prior to fiscal year 2022 are closed.\n\n \n\nThe Company includes interest and penalties arising\nfrom the underpayment of income taxes in the statements of operations in the provision for income taxes. As of December 31, 2025, the\nCompany had no accrued interest or penalties related to uncertain tax positions.\n\n \n\n**NOTE 7 – SUBSEQUENT EVENTS**\n\n** **\n\nIn accordance with SFAS 165 (ASC 855-10) management\nhas performed an evaluation of subsequent events through the date that the financial statements were issued and has determined that there\nare no material subsequent events to disclose in these financial statements.\n\n** **\n\n \n\n \n\n \n\n F-9"}