LegalJun 4, 2026, 10:51 AM
Invech Holdings Settles $6,400 Debt with 900,000 Shares
AI Summary
Invech Holdings, Inc. entered into a Settlement Agreement with Arnold F. Sock on June 1, 2026, to resolve an undisputed obligation. The company settled a total of $6,400 owed to Sock for legal services by treating 900,000 previously issued but unearned shares of IVHI common stock as fully earned. This agreement fully resolves the balance due as of June 1, 2026.
Key Highlights
- Invech Holdings entered a Settlement Agreement with Arnold F. Sock on June 1, 2026.
- The agreement resolves an undisputed obligation owed to Sock for legal services.
- The total unpaid balance due to Sock was $6,400 as of June 1, 2026.
- This balance included $3,450 for May 2026 services and $2,950 for prior services.
- In exchange, 900,000 IVHI common shares, previously issued but unearned, were deemed fully earned.
- The settlement fully resolves all balances due to Sock as of the agreement date.
Price Impact
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