This is a classic reverse-merger shell transaction. The company has no operating business and may face regulatory scrutiny as a shell. Traders should watch for the Schedule 14f-1 information statement and any subsequent business combination or reverse merger that could reintroduce operating assets. The new controller's background in travel may hint at a future direction, but no business plan has been disclosed.
Price Chart
Executive Summary
Invech Holdings has undergone a change of control: majority shareholder Alexander M. Woods-Leo sold his 75.9% common stake and 100% of Series A Preferred (controlling 80% voting power) to Stephen Ken Adair for $290,000. Simultaneously, the company spun out its only operating asset—the Paragon Rentals SaaS platform—to the seller for nominal consideration of $1, leaving the company as a shell with no operating business. All previous officers and directors resigned and were replaced by the buyer. The transaction values the entire common equity at roughly $382,000 and signals the company will pursue a new business direction under new control, with a retained legal liability for outstanding legal fees.
Key Financial Metrics
Key Facts
- Control block of 88,000,000 common shares (75.9% of outstanding) and 300,000 Series A Preferred shares (100% of class, carrying 80% voting power) sold for $290,000 in cash.
- The Paragon Assets (SaaS real estate platform) were divested to the former owner for $1, leaving the company with no operating business; the company may now be a shell under Rule 12b-2.
- Founder Alexander M. Woods-Leo resigned all positions (CEO, CFO, Secretary, Treasurer, Director); Stephen Ken Adair appointed as sole officer and director.
- A retained legal liability (legal fees to Brunson Chandler & Jones, PLLC) remains with the company post-closing.
- The acquisition was funded through an escrow arrangement with Newlan Law Group, PLLC.
Financial Impact
Transaction valued at $290,000 for controlling interest; company divested its only operating asset for $1, becoming a shell with a retained legal liability of undisclosed amount.
Risk Factors
- No operating business post-spinout; company is a shell with uncertain ability to continue as a going concern.
- New controlling shareholder has no track record as a public company executive; potential for dilutive financing or reverse split.
- Retained legal liability could create unexpected obligations.
- Shell status may deter institutional investors and limit liquidity; potential for regulatory delisting if shell rules triggered.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 8 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001683168-26-005918 |
| Document: invech_ex1002.htm | 0001683168-26-005918 |
| Document: invech_ex1003.htm | 0001683168-26-005918 |
| Document: invech_ex1004.htm | 0001683168-26-005918 |
| Document: invech_ex1001.htm | 0001683168-26-005918 |
| Document: 0001683168-26-005918-index-headers.html | 0001683168-26-005918 |
| Document: 0001683168-26-005918-index.html | 0001683168-26-005918 |
| Document: 0001683168-26-005918.txt | 0001683168-26-005918 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 15, 2026 5w ago | 8-K | $0.0300 | awaiting T+60 | — | — |
Aug 3, 2026 12w ago | 8-K | $0.0310 | awaiting T+60 | — | — |
Jun 4, 2026 20w ago | 8-K | $0.0448 $0.0290 | ▼ −35.27% | ▼ −37.15% | — |
Apr 23, 2026 26w ago | 8-K | $0.0584 $0.0370 | ▼ −36.65% | ▼ −41.73% | — |
Apr 13, 2026 28w ago | EFFECT | $0.0680 $0.0341 | ▲ +49.82% | ▲ +58.74% | — |
Mar 5, 2026 33w ago | 8-K | $0.1400 $0.0584 | ▲ +58.29% | ▲ +69.59% | — |
Mar 4, 2026 33w ago | 8-K | $0.1044 $0.0522 | ▲ +50.00% | ▲ +60.09% | — |
US Market Status
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