Invech Holdings Signs LOI to Acquire Two Brokerage Billing Platforms, Aiming for Revenue and Nasdaq Listing

Invech Holdings, Inc. (OTC PINK: IVHI) announced it has signed a Letter of Intent to purchase two platforms in the brokerage billing and bridge space, a move the company says is vital to generating early revenue and strengthening its balance sheet. The platforms, currently operating under a business umbrella in the United Kingdom, have contracts that are up for renewal and could generate over $900,000 USD per year.

The company negotiated the purchase as an “Asset Purchase” rather than buying the entire business, which would have cost north of $6 million in equity plus cash. Instead, Invech Holdings will acquire the platforms for $750,000 in equity plus $135,000 USD. The company has identified at least three potential licensed broker dealer clients that would sign up to use the platforms under the Invech umbrella, positioning the company to potentially achieve revenue generation by the end of Quarter 2.

CEO and majority owner Alexander M. Woods-Leo stated, “These platforms represent a fast tracked approach to achieving the listing requirements to NASDAQ. Our team has the fund, (GHS Investments) and the licensed broker dealer (Craft Capital Management, LLC), and is now generating asset acquisitions to increase balance sheet strength. Our generalized plan is based on controlling the excess dilution to value ratios so that we can work to achieve the necessary price acquisition needed for our listing goals.”

This acquisition follows Invech’s recent purchase of a fantasy sports platform, which was moved into a wholly owned subsidiary, Sporty Pick, Inc. Sporty Pick is a Nevada-based sports betting company with two games completed, actively seeking B2B deals and exploring the B2C market, including pursuing a gambling license in Canada.

Management, which has been in control for less than three months, has made significant progress, including negotiating debt reduction, acquiring Paragon Rentals, contracting financing through GHS Investments, engaging a licensed broker dealer, filing and receiving SEC effectiveness for an S-1 registration, conducting the first draw down on the S-1 ELOC facility, hiring a new senior tech manager, and signing the LOI for the two additional platforms. Paragon Rentals, a seller subscription-based platform, allows sellers to pay 0% commissions for listings, with buyers paying a flat rate of $5 per booking plus processing fees and booking cost.

Invech Holdings also provides FINRA corporate filings, drafting incorporation and corporate documents, OTC Markets Disclosure Statements, and general public company compliance. The company has introduced a new X account, @InvechHoldings, and updated its website at www.invechholdings.com to keep shareholders informed of developments.

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