Invech Holdings Inc. (fka IVHI)

[adijas]

RM completed https://backend.otcmarkets.com/otcapi/company/financial-report/218257/content

On March 21, 2019, the Company issued a total of 6,700,000 shares of common stock to six individuals as partial consideration for the acquisition of a 100% interest in New Silver Capital Group LLC (hereinafter referred to as "New Silver Capital"), a company incorporated in Delaware and based in Manhattan, NY. Upon completion of the acquisition, the Company expects to commence operations in the Gaming industry. Of the shares issued, each of Mr. Tao Liu and Mr. Ying Chun Yeung, directors of New Silver Capital, received 3,000,000 shares. The remaining shares were issued to consultants of New Silver in respect to services provided.

About New Silver Capital:
New Silver Capital is a recently formed cross-border investment firm focusing on the technology industry including blockchain technology applications, game equipment leasing, online game technology research and development and project investment. Under the terms of the acquisition agreement, Invech expects to acquire a 100% interest in New Silver Capital on closing. The Company and New Silver intend to invest in American electronic gambling equipment manufacturer and gambling game developer, Dynamic Gaming Systems LLC as one of its first initiatives.