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Wonder if this is the same guy, seems like quite the character....lol...??
https://rightedition.com/brian-lovig/
BUYER BEWARE
But Brian may have credibility problems:
https://www.marketwatch.com/investing/stock/dryn/financials/secfilings?docid=1069750
Involved in DRYN in 1999. Does anybody have information about DRYN? I don't have a good feeling about it.
Not finding any credible endorsements out there. Hard to find legitimate paper trails, which sends up a red flag to me. So beware is all. Could be a fleecing operation at hand. Insufficient information so far.
BUYER BEWARD:
But Brian may have credibility problems:
https://www.marketwatch.com/investing/stock/dryn/financials/secfilings?docid=1069750
Involved in DRYN in 1999. Does anybody have information about DRYN? I don't have a good feeling about it.
Not finding any credible endorsements out there. So beware is all. Could be a fleecing operation at hand. Insufficient information so far.
77,310 Shares now at .2058 avg. price
Buy 2000 AVNI Executed @ $0.3469May 18, 2022 11:22 AM ET
Buy 650 AVNI Executed @ $0.345May 18, 2022 11:22 AM ET
I trust my research. If nobody wants the ask, I'll take it then.
Bondock is a Privately Owned Investment Company
Bondock invests in a primary or a secondary market. In a primary market, new stock or bond issues are purchased in an underwriting or direct private placement by the issuer. Securities are bought and sold in the secondary market on a stock exchange or private trading platform.
And based on their latest PR, they mention NEVADA. Everythign is in corroboration with the filing:
Bondock NEWS RELEASE Las Vegas NV, May 7, 2021
Bondock invests in cryptocurrency sector
Bondock, LLC has created a platform for multiple accounts in a portfolio of digital securities including litecoin, ethereum, ripple and bitcoin cash. Bondock has several million dollars of tokens and USDT in various accounts in the Asia Pacific, managed by an in-office portfolio manager.
Perhaps Mr. Market is deaf, blind and dumb in the moment...
Does Bondock want AVNI as majority investor? Or do they want to go public this way? I don't know... Either way, I like it. Looks like a two-year runway to receive payment.
CHANGE OF CONTROL TODAY!
(a) Change in Control
(1) Bondock LLC. (“Bondock”), a Nevada limited liability company owned by Brian Lovig has acquired control of Arvana Inc. (“Arvana”).
(2) The change in control was effective May 10, 2022, pursuant to an agreement for the sale and purchase of thirty-one million one hundred and two thousand eight hundred and eighty-two (31,102.882) shares of common stock by certain affiliated and unaffiliated stockholders of Arvana to Bondock in exchange for an unsecured interest free promissory note in the amount of two million dollars ($2,000,000) due on or before May 9, 2024 (“Note”).
(3) The basis for the change in control is Bondock’s direct ownership of 31,102,882 shares of Arvana representing 91.08% of its outstanding common stock.
(4) The consideration paid to effect the change in control is the Note.
(5) Bondock will rely on its own funds to satisfy the Note.
(6) The persons from whom Bondock assumed control are Altaf Nazerali, entities over whom Mr. Nazerali exercises beneficial ownership namely International Portfolio Management, Inc. and Valor Invest Ltd., 681315 B.C. Ltd. an entity beneficially owned by Jaisun Garcha, John Baring an Arvana director and stockholder, and Raymond Wicki, an Arvana stockholder.
(7) None.
(8) Arvana is a shell company as that term is defined in Rule 12b-2 of the Exchange Act.
SOURCE: https://www.otcmarkets.com/filing/html?id=15828804&guid=lxKwkqHKGkcjdth
I think on a skim that this is the company, although not absolutely certain at this time:
https://bondock.com/news-release/bondock-news-release-las-vegas-nevada-march-2-2020-bondock-is-a-capital-market-investor/
Bondock Ltd. has invested an additional $500,000.00 into a $2 million debenture of FirstShot Fund Inc.
“This investment is well secured, pays a good interest rate and there’s a conversion feature to units of shares and warrants for a big potential upside” says Brian Lovig, founder and chairman, Bondock Ltd.
Brian Lovig is mentioned in our filing of change of control.
IFF I'm correct, the following is impressive:
Bondock Ltd. (Canada) and Bondock, LLC (US) are capital market investors engaged in the trade and holdings of financial securities like debentures, stocks, bonds and cryptocurrency. Bondock has no debt and holdings include more than 20 million shares of junior and blue chip companies plus other investments in its portfolio.
Taken from this PR on that website: https://bondock.com/news-release/news-release-las-vegas-nv-may-7-2021/
Seems to be corroboration to me. The company claims to be private. Although as of today, that could be in the process of change. I look forward to a PR from them for verification...
10K is Released as of yesterday!
Filed late but I love what I see. First of all, it's not found at Seeking Alpha nor is the notification that it would be filed late. It is only found here, which I find odd:
https://www.otcmarkets.com/filing/html?id=15743196&guid=JxewkFIrHf-lB3h
Nonetheless, they are actively searching for a business to come through as I noted in the prior post:
Our present activities are focused on securing a business ready to support the attendant obligations and opportunities of being a public company. Management looks to its stockholders and creditors for sufficient financial support to sustain operations while this search is underway
I like that because everybody bleeds until somebody comes in to stop the bleeding. And I have more patience and no blood to give.
The Company will not restrict consideration to any particular business or industry segment including opportunities in finance, brokerage, insurance, transportation, communications, research and development, biotechnology, service, natural resources, manufacturing or technology. However, we do recognize that the inadequacy of our financial resources will limit the scope of our efforts.
I love it! All options on the table! And I love this criteria even more! It seems they may have learned from the last two fiascos. First one, please note that they were Trump supporters. That means, low IQ and big red flag for poor mgmt. and common sense. So, thank you for the changes and I hope our new leadership is not swayed by people just because they talk confidently. They were probably sincere but sincerely deluded. And then of course that last one was an eyesore on so many levels. And he's still threatening people if you do a research Google search. Another narcissist.
We will consider the quality of management, the innovation of new or existing marketing concepts, the merits attributed to disruptive technology, the demand for products or natural resources and other factors that are difficult to analyze with objective criteria....
We will not entertain a transaction with any company for which audited financial statements cannot be obtained within a reasonable time frame....
Thank you, thank you, thank you!!!!!! For years, I never saw any financial statements from Caie Foods. No more Caie Foods please!
Despite our recent experience, we believe that Company stockholders can depend on us to identify and properly evaluate the risks of a specific business when that opportunity is identified.
I feel like this statement was written specifically for me. And I do appreciate that and I do believe you. I actually do have a good feeling about Altaf Nazerali (sp). I like him; I trust him. He looks business savvy to me. And I suspect he's had enough of all the shenanigans over the years. Just a hunch.
A very positive thing here:
We are not party to any legal proceedings and to our knowledge no such proceedings are threatened or contemplated.
And now for the eyesore:
During the year ended December 31, 2021, the Company issued 29,537,848 shares of its restricted common stock with a fair value of $14,065,923 to settle $662,251 in accounts payable and accrued liabilities, $107,800 in convertible loans, $480,960 in loans payable to stockholders, $130,947 in loans payable to related party, $74,762 in loans payable, and $149,124 in amounts due to related parties (Notes 3, 8, 9, 10).
And for the good:
On April 19, 2022, the Company secured a loan of $20,244 pursuant to a credit agreement dated November 15, 2021, as amended, and a credit note in even amount was provided to the lender.
That means somebody is bleeding. So the more time that goes by, the more the bleeding. Hopefully that's a good incentive to be very focused and get it right this time.
Thank you for all your hard work! May we all profit! Although, there are some settlments in here to some person(s) that don't deserve to profit. They should be paying us, but I'll just leave that as part of the eyesore.
On the premise that insiders want to find someone that wants to do a reverse merger into this empty shell. They tried last year and it didn't work out. I speculate that they will try again and that shares are hard to come by.
I'm very patient though. I accumulated this starting back in 2008 or so. Paid off twice. But the second time it paid was a big payoff, last year. I expect the same IFFF somebody comes through that's interesting. That could happen as soon as this Summer. Or in ten years from now. Or never. I'll be here regardless, catching all the breadcrumbs that I can get.
But all my gripes are on the record and reasons for accumulating. It's an interesting diary so to speak if you want to read backwards.
I guess you could just call it intuition. So, don't trust a stranger's intuition. And I'm a stranger. Tread with caution. :) It's also not in my best interests to tell people I think there is gold in these hills. But I'm of the opinion, and also conducting a years' long experiment, that nobody will listen. And that's fine by me too. Although, there was one that stuck it out with me some years ago. He lasted pretty long. But didn't make it. He capitulated. I'm also of the opinion that nobody has the patience that I have. So, that makes my public claims on the "gold" here safe. Because IFFF somebody ever did listen, they'd fold their cards for lack of patience.
Patience is a virtue that many do not possess.
So, that is why I am accumulating. I'm taking the shares of the 49ers that were here last year. Most of them sold for a tax loss I think. Which is where I picked up most my shares -- at end of 2021 which his notorious for tax selling season. This year, it's been slim pickings! At least at my price.
On the premise that insiders want to find someone that wants to do a reverse merger into this empty shell. They tried last year and it didn't work out. I speculate that they will try again and that shares are hard to come by.
I'm very patient though. I accumulated this starting back in 2008 or so. Paid off twice. But the second time it paid was a big payoff, last year. I expect the same IFFF somebody comes through that's interesting. That could happen as soon as this Summer. Or in ten years from now. Or never. I'll be here regardless, catching all the breadcrumbs that I can get.
But all my gripes are on the record and reasons for accumulating. It's an interesting diary so to speak if you want to read backwards.
I guess you could just call it intuition. So, don't trust strangers. And I'm a stranger. Tread with caution. :)
Why are you accumulating this?
74,660 Shares at .204 cost per share.
04/13/22 01:10 PM ET Buy 6000 AVNI Executed @ $0.1371
GIVE ME YOUR MONEY!
And where is the 10K? It's overdue by a few days now to my understanding. Are you slacking, or is there work going on behind the scenes?
Can we get somebody interesting and with class this time? Seriously. If somebody boring comes knocking, tell them NO. I'll wait. No more Caie types. No more mentally ill billionaires. No more Trump cults. Let's do this right. Good mgmt and interesting story. Many interesting, intelligent people out there needs to go public. Seek high IQ mgmt.
Don't wait for them to find you. Go find them!
Over 7/8 position now back in diamond hands.
68,660 shares @ .21 avg. cost per share
04/06/22 Bought 1000 of AVNI @ $0.135 (Order #1936) Unassigned -139.95
02/01/22 Bought 100 of AVNI @ $0.133 (Order #1915) Unassigned -18.25
12/31/21 Bought 440 of AVNI @ $0.1287 (Order #1895) Unassigned -61.58
Pulling teeth to get shares. Steadfast and undeterred.
Getting close to 7/8 of original position, back in diamonds hands where they belong.
66,420 shares @ .212 avg. cost per share
GTC order filled
Buy 10000 AVNI Executed @ $0.1286Dec 21, 2021 2:25 PM ET
New GTC order for 10,000 shares set at .11 cents.
Over 6/8 of original position now back in diamond hands.
56,420 @ .22686 avg. cost per share.
GTC order filled in full:
Buy 4072 AVNI Executed @ $0.1262 Dec 10, 2021 3:13 PM ET
Buy 2428 AVNI Executed @ $0.1262 Dec 10, 2021 3:12 PM ET
New GTC limit order set at 9 cents for another 10,000 shares. 9 cents is most likely the only *fair* price I'd pay IFFF it were to actually fill. Because the dilution from those debt settlements are an eyesore to me. And hopefully to everybody else. Insiders should NOT be rewarded for that behavior. Who agreed to that? Of course the debt holders would. But where is the governance?
Over 5/8 of original position now back in diamond hands.
This has been a most excellent, fun day indeed. Far surpassing my expectations on share re-accumulation agendas. Remember, we have several years possibly if the past is any indicator of the sense of urgency in this stock. So, sell at market if you don't want to wait around for what could be a really, really long time. And hopefully, we don't get a manufacturer of toothpicks or someone completely boring to show interest here.
49,920 Shares @ .2399 avg. cost per share.
Buy 3500 AVNI Executed @ $0.1262Dec 10, 2021 12:32 PM ET
Buy 6220 AVNI Executed @ $0.1278Dec 10, 2021 12:32 PM ET
Buy 6220 AVNI Executed @ $0.1375Dec 10, 2021 12:25 PM ET
Some taken at the ask (offer accepted), and the 3500 shares are part of the 10,000 share standing order at .1262 that partially executed and is still standing.
5/8 of original shares now taken back. Diluted and tainted, but back nonetheless.
33,980 shares @ .291 avg. cost per share now.
5,000 shares grabbed at the ask of .16. About $150 more out of pocket than my current bid at .125
Buy 2500 AVNI Executed @ $0.16 Dec 09, 2021 1:42 PM ET
Buy 2500 AVNI Executed @ $0.1425 Dec 09, 2021 1:42 PM ET
A little over 3/8 of original shares purchased back. But significantly diluted, which I don't appreciate. Are we going to wait one year or another 10 years? Doesn't matter. Nobody can outlast me. I have more patience than Warren Buffett!
GIVE ME YOUR MONEY!
28,980 shares at avg. cost per share of .31507
Buy 5000 AVNI Executed @ $0.1676 Dec 08, 2021 1:59 PM ET
Buy 1000 AVNI Executed @ $0.195 Dec 08, 2021 9:55 AM ET
Excellent work, guys! 1000-limit order filled at .20 which was mentioned prior. Then a new order placed today for 5,000 at .167 filled within hours.
I placed a new order for 10,000 shares at .12 -- currently pending. That's a two-cent premium to the debt settlements, rounding off, to my understanding. Do they even deserve a 2 cent premium? I don't think so; otherwise, I'd put in a much larger order.
But at 10 cents or below, the plan is to back up the truck. Almost 3/8 of my original position is now back in my hands. Albeit, massively diluted and not near the firepower it used to be.
So, PUNCH INSIDERS IN THE MOUTH! Metaphorically, of course, by paying NOTHING above 10 cents. Walk it down! And show them what you think of their massive dilutive maneuvers and their valuation of your stock by their actions! At least, that's what I think.
The only silver lining in this is that maybe, and I stress *maybe*, they'll find somebody with class. Somebody that thinks right, somebody interesting, and someone that can actually get things done! May I suggest an Electric Vehicle company?
And if insiders had any ethics, to my vantage point, they'd forfeit 90% of their shares. Retire them! Then they'd have a valuation of $1.00 on the stock. Same money, different price. Right?? Otherwise, what message are you sending your shareholders? If you don't think you are worth more than 10 cents, why should anybody give you more than ten cents?
Come off your high horses and answer that question!
22,980 shares at avg. cost of .35239 per share
Offer accepted:
Buy 3027 AVNI Executed @ $0.25Dec 07, 2021 10:29 AM ET
Buy 1673 AVNI Executed @ $0.25Dec 07, 2021 10:28 AM ET
A little over 1/4 of original shares bought back. But heavily diluted, which I don't appreciate. Remember, do not give anyone over 10 cents for their shares unless you want to pay an unfair premium to their debts. Which is what I feel like I'm doing.
This is why we need regulation! Nobody should agree to settle a 6-digit debt for millions of shares, valuing you all at 10 cents. They should stand before a 3rd party Arbitration hearing and make a case. And that hearing needs a watchdog too.
In order to rip you off, as I see it, political hacks that represent these interests would call such "Communist" ideas as anti-business rhetorical statutes. In short, preventative measures of fleecing you is anti-business.
But, did you vote against yourself? And do you deserve to be fleeced? That is a question only the ballot ticket can answer.
18,280 shares at avg. cost per share of .378 now.
Buy 2300 AVNI Executed @ $0.3255Dec 06, 2021 11:51 AM ET
Buy 2500 AVNI Executed @ $0.29775Dec 06, 2021 11:51 AM ET
Took the full 4800-offer on the ask today. Again, not an endorsement for anything above 10 cents. I don't think any debt-settler deserves anyting above 10 cents. Which is where I'll back up the truck.
Also got a partial fill on my long standing limit offer at .27:
Buy 1060 AVNI Executed @ $0.27Dec 06, 2021 11:53 AM ET
Put a new order in for 1000 shares at .20.
It's been really bad behavior from insiders for the last 20 years that I can see. So, they don't deserve the premiums I've given them so far. Just FYI.
Pick somebody with the CORRECT POLITICS. Something INTERESTING. And somebody with CLASS. And integrity would be a huge bonus. Is it asking too much? I know the world is filled with people that think right and have class and can speak intelligently without resorting to 4-letter words and acting like an immature imbecile.
Mercator and John Baring
First, let me first apologize to all future shareholders for the extreme dilution that happened here in the year 2021. I blame that on greed and malfeasance from my vantage point. Somebody else is welcome to give another interpretation, but that's how I see it. We settled debts for millions more than what they were, hence it's booked as a loss on the current income statement to my understanding. 10 cents is what they valued this stock at, so I wouldn't recomment giving anybody more than 10 cents here! I paid more, but don't use me as an example. I mean, they say the debt is worth pennies, so to me, they valued the stock for us. Maybe those are restricted shares, but for how long?
Now, that being said, I think something nice will come through one day. But, buyer beware: LOTS AND LOTS of shares here, and I would expect wolves would want to eat. So they will DUMP on you. At least, that's how I'd play it and watch my back. I would highly encourage them to forfeit 90% of their shares. May require an ethics class for some proper brain training, but that's just me. That's what I would do in their shoes, but I can't make people do what I think is right. I can only report truth as I see it and understand it. And that's how I see and understand it.
We settled debts with people from over 12 years ago for 6 digits, but they were compensated in milllions of shares. Why? You can draw your own conclusions. Caie Foods also entered into a debt settlment agreement. They got shares, even though they jacked around for years and did nothing that I can see. Except whine about dictators in China, where they are from, but they aren't showing me they are good capitalists. At all! China seems like a better capitalist to me. Instead, Caie's FB page is full of whining about regulation and they are part of the Trump cult. They hate regulation it seems. And, boy, is that sorely needed here in my eyes! Talk about horrible governance in the company they keep! They don't like food stamps either from what I can tell, but they love shares for doing nothing.
Again, someone is welcome to step forward and explain why this is good governance, why deregulation here would be a good thing, and why Caie Foods are good capitalists. But I'm just not seeing it. Have they paid anyone here in the last 21 years? Err, no. Not that I can see. They like to take, but do they give?
NOW, FOR MERCATOR AND JOHN BARING:
https://ih.advfn.com/stock-market/USOTC/arvana-pk-AVNI/stock-news/86623626/quarterly-report-10-q
Effective November 15, 2021, the Company’s board of directors (“Board”) appointed Sir John Baring to serve on the Board until the next annual meeting of its stockholders for the election of directors... ...Since June 2002, Sir John has acted as a managing member of Mercator Management LLC, a leading fund management company.
In that same link, it notes that he also had a "a debt settlement agreement dated effective June 30, 2021."
So I'll call that a vested interest. Aligned with my interests and Altaf Nazerali. But from my observations, they are all here to serve only themselves. So, watch your back and treat with caution in these murky waters. Buyer beware.
That's all very interesting. This comes from the year 2000 in regard to Mercator Management, and it mentions John Baring:
https://www.venturecapitaljournal.com/mercator-management-rolls-out-first-fund/
SOME HIGHLIGHTS:
1. Founded by former employees of PriceWaterhouseCoopers.
2. John Baring is listed as partner on that article, and our latest 10Q claims he is still with them.
3. The fund seems to raise money and invest in startups. At least according to this article dated in 2020. They are still around it seems. I'll consider that a positive development. Not that John Baring has ever delivered value for shareholders in the history of AVNI that I can see, but you can draw your own conclusions and make your own decisions as to whether or not you want to swim in these waters.
12410 shares
Buy 1440 AVNI Executed @ $0.311Nov 26, 2021 11:13 AM ET
12,410 shares at .414. avg cost now.
10Q was released:
Some clarity.
https://seekingalpha.com/filing/5800106
On October 26, 2021, the Company entered into a recission agreement and mutual release with the owner of the intended acquisition due to being unable to agree on the structure of the prospective transaction.
During that time, the company was busy diluting shareholders. Valuing the stock a far below $1.00 as I read it:
On July 23, 2021, loans payable to stockholders of $480,960, and $74,762, respectively, loans payable to a related party of $130,947, accrued interest of $361,283 on loans payable to stockholders, and accrued interest of $89,124 on loans payable to a related party were settled by the issuance of 21,127,123 common shares pursuant to three debt settlement agreements dated April 1, 2021, and five debt settlement agreements dated June 30, 2021.
On July 23, 2021, accounts payable and accrued liabilities of $262,056 were settled by the issuance of 6,551,392 common shares pursuant to two debt settlement agreements dated June 30, 2021.
So they have no liquidity and I guess they wanted to dump. So, poetic justice for them. I guess Alki David backfired on them. That's a lot of issuance and a big chunk away from Alki David. He might have had a temper tantrum and a legitimate argument here. He might have been asking, why are you getting millions of shares for a debt that's barely 6 digits in size???? Why am I going to pay for that through such heavy dilution?
Well, all I can say is if I don't get paid, NOBODY gets paid. Watch your back with these guys. That is an awful lot of shares to settle debts like that. Which valued a $2.00 stock at 10 cents. That's almost highway robbery in my eyes. Don't trust anybody around here.
Due to a disgreement over the structure of the intended transaction, the Company entered into a recission agreement and mutual release with Mr. David on October 26, 2021. The agreement to abandon the intentions of the term sheet included Mr. David’s revocation of the proxies granted to him, which action returned control of the Company to our controlling stockholder, and led to the resignation of two of our directors.
So they ended up taking a huge loss on these debt settlements and rightly so. Self inflicted gunshot to the head as I see it. Before Alki came, we had an excellent low OS. Now it's sky high. Hopefully restricted but not sure how long. I interpret that as overzealous greed that came back to bite them all. But that's just my interpretation to my understanding.
So basically, they erased all debts except for a miniscule amount left of current liabilities, and out of cash. And need cash just to keep the lights on. Maybe just one bulb.
For the nine-month period ended September 30, 2021, the Company recognized a net loss and realized a working capital deficiency, which deficiency raises substantial doubt about its ability to continue as a going concern. The Company will continue to require financial support from stockholders and creditors until able to generate its own cash flow from operations.
Good1 So, you guys may want to sell at market. These are wolves that were ready to dump, as I read the cards. Now they are my hostages. They don't get paid unless they put up more cash and find somebody interested in using this shell company as a means to go public. They might want think about not being so greedy next time.
I'll stick around and kick them at 10 cents. As fair retribution. They don't deserve more than 10 cents for their share since that's how they valued your money when you were at $2.00 as I see it. So, let's bring them down to 10 cents shall we?
The only thing good from this story is that they weren't able to profit *to my understanding*. I don't think enough shares traded, and Alki f#$#@ked them all over! Which I like to see after that extreme dilution for those debts. They don't deserve a penny just because they've been working hard and not producing, watching Caie Foods jack around for years. They should forfeit 90% of their shares and get an ethics class and start over from scratch.
Try again, guys! And get somebody with class. I have forever! I have no bosses or time constraints, so get your acts together!
Other than an initial pump, clearly no one gave a shit about Alki David. Just look at the trading volume. So you might as well want a change of control to somebody who will actually do something. But the market told you they cared zero dollars worth today. So it continues
I wonder if his latest rants of what I view as pathological narcissist are about his relinquish of control. He blew up on the prosecution and was making threats, saying nobody will see a penny in the lawsuit he lost and that he has not really a billionaire and broke, etc. blah blah blah...
He's very similar to Trump. I would not put it past him just to avoid transparency. It's not about anything but his ego. Always! Every decision. Everybody else be damned.
But personally, I really do welcome somebody else. I don't have a strong opinion one way or another. I prefer him over Caie Foods. I don't want another one of those. And they had the politics of Trump! Maybe not the behavior, but this guy has the behavior and he hates Trump to my knowledge.
I just want somebody NORMAL. Can we get somebody normal? Somebody that thinks right, has the correct politics, and has class? Is it asking too much? :)
Third time is a charm! I hope...
If I had my choice, I'd keep Alki rather than roll the dice again. But, I'm not really sad about having to roll the dice again either. If that makes sense...
Use your mind, gut, and intutition, Mr. Altaf Nazerali. Bring us somebody good! Load the dice!
Can I suggest something green? Something green energy related? Anything from EV's to Wind turbines? Even a green channel? With CLASS, please???
Change of Control!
Thank you. I didn't even see that. I'm not sure I understand the legalse, but it seems like you are right:
Mr. Alkiviades David has relinquished control of Arvana Inc. (“Company”) to Mr. Altaf Nazerali.
One of the few full English sentences. So, it does sound like the deal fell through. Back where we started, with Altaf Nazerali. I always liked him! Well, if I understand correctly, I might like this better. Find somebody else. Somebody with class!
I'd like a company that acts right! This is an interesting turn of events. The main thing is Caie Foods was FIRED in my eyes. Altaf took control and he acted fast. I expect him to act fast again.
Wherever Altaf leads us. That was a good idea. Obnoxious, ostentacious, and my grievances are on the record. Make us proud, Altaf, with a good company. CIDM is an example of a class act in the film film industry.
How about an Electric Car Manufacturer or something that captures peoples' eye at the moment? I'm not sure if I'm happier or what. I just know I'm happy how I played my cards here and how the cards are falling.
Let the cards fall where they fall!
look at the filings yesterday. He relinquished all control
What do you mean he's gone? Can you elaborate?
Alki David is gone now
Thank you StockPiler!
I just read your message. I don't look at emails much because I can't respond to them on my membership level. Just want to say thanks for the information!
PS. No information regarding the company AVNI for other parties. Just algorithmic explanation of something.
PSS: I also crossed paths with Mike Tyson this month. Unbelievable and unexpected. We didn't speak a word. Wasn't that type of paths crossing. But I saw him in person. Didn't expect to. Just interseeting fate is all.
Not my sport. I was just at the right place and the right time. And there was some talk about the smell of marijuana coming from his vicinity. I actualy radioed in saying, he's a partner in a company called SwissX that sells the stuff. That would be completely consistent. LOL True story! Don't make this stuff up. And no, this cosmic spacial conincidence as I see it had absolutely nothing to do with Alki David or SwissX or Arvana or Filmon or anything else of that nature to my knowledge. Completely unrelated. Mike Tyson was just there is all.
Nothing came of the cannabis scent suspicions. Which technically would be illegal in this state. But, again, who cares about that. I don't enforce bad laws. I see no evil; I hear no evil.
Well you just unexpectedly stumbled into a change of control here now
Unfortunately the interest seems to be gone in most of these OTC ticker‘s right now. This one had a ton of potential but you can’t be dead silent and expect to get volume during this bloodbath recently. This guy clearly has no clue how to run a ticker. They could certainly light it up again if they ever speak, but you see how that’s going. Slow death until…if ever
Thanks. That makes the most sense to me. Somebody programmed in some parameters. I finally got ahead of it at .311 or something. I finally found myself on the bid. I think it must have maxed out at .3 ish. That's my best working theory.
It definitely felt like man against machine. No doubt. I'm happy no matter how the cards fall. I know he's obnoxious and all, but I'm surprised the interest is this dead. Definite tight hands remain, but crickets on the demand side for sure. At least for now...
And I'm not worried about ruining my goal of the mid teens by my optimism. I know whatever I say is in one ear and out the other. I talk to walls around here and that's been par for the course for years now. :)
That too is part of an experiment. Whatever happens, happens. And it appears I have zero influence on that. Which is fine and dandy by me! I'll be like that children's book about the boy that cried wolf. Nobody listens! Good! I like being underestimated.
I’d also imagine that if someone has the ability to put in automatically for one tick above the highest bid up to a certain limit price, that is what is happening. I’m sure there are automated things like that for retail if you look into it enough or you know how to code. I think you would find there is not an infinite number that would continue up to.
It happens all the time. But weirder stuff on level two happens when there’s absolutely no dollar volume and no market. And that is clearly the case here. If people cared, there would be dollar volume
Interesting Behavior:
I have a 2,500 GTC limit order at .29. Somebody put a 60,000 order in front of me at .291. So I responded with .292. But they immediately stepped in front with 2.93. It was instantaneous. And I continued the same steps, all the way up to .295. But they put the 60,000 ahead of me at .296.
How can they respond instantly? They can't. Something else is going on. It's a computer or something. Is it a market marker that needs inventory? I don't know the detailed mechanics of it all... But some person or organization has something more high-tech than my finger-pushing Etrade acct gong on. That's all I'm confident in concluding.
I'm just certain that nobody can respond like that in real-time, at the very instant I respond. Does not compute.
That's a big number on the bid. Interesting behavior. I'd like someone qualified to explain it to me. With footnotes from reputable sources. But I'm sure I'm barking up the wrong tree here...
10,980 Shares Now
Buy 1000 AVNI Executed @ $0.3801Nov 03, 2021 2:30 PM ET
Avg. cost per share: .427
GIVE ME YOUR MONEY!
INTERESTING IPO FOTV RESEARCH
First, a recap on the reverse merger happening from our PR: "AVNI is in discussions to acquire Filmon.TV Networks Inc. (“Filmon”), whose assets include an extensive film library and multi-media entertainment platform controlled by Alki David, and owned by FOTV Media Networks Inc."
According to this article, FOTV was trying to do an IPO 4 years ago to the day almost.
https://labusinessjournal.com/news/2016/nov/04/bigger-picture/
From what I can tell, it was supposed to trade under FOTV, but it appears like it never happened to my understanding. This could be a different avenue to do the same, but it now seems to include SwissX and a little different. It's like a different strategy emerged.
Perhaps this excerpt explains part of the reason(s):
1. Paxton noted that FOTV could have problems raising money because David’s personality and antics – he is a regular and irreverent poster of home videos to YouTube – appear to outshine the company.
I can definitely relate to that! Talk about an eyesore, which I've only been saying all month. I wish he would grow up. But on the bright side, he's been pouring money into his projects:
1. To sustain the media firm’s operations, David said he has invested $65 million. SEC filings show that in the quarter ended March 31, he put $5 million into the business, on top of contributions of $16 million last year and $12 million in 2014
MY COMMENTARY: Good! Because If I'm going to put down $5,000 of my hard earned money, I want to see a billionaire put down millions more. At least FOTV had revenues, but I don't know how much of that is the part of the busines we are getting as noted:
The firm generated revenue last year of $13.1 million, which came almost entirely from preroll ads
A few million for a penny stock, rather than the intended IPO on Nasdaq, sounds like a good deal to me. Even though it's an eyesore. I'd rather watch OZARK. Or Game of Thrones, which I'm currently watching. I would think we get at least a few million of that, if not a lot more. No idea what the final capital structure would look like though, of course.
Just to highlight some excerpts about the FILMON part of the business:
FilmOn also wants to scale by licensing its platform and relicensing content to more than 10,000 affiliates. For example, the app MobiTV, developed by Israeli firm Undertap, is a rebranded version of the FilmOn mobile platform. FilmOn also struck a deal with Beijing-based Lenovo Group Ltd. to preload FilmOn’s app on more than 19 million personal and tablet computers.
Maybe that will be part of our plan. Including all this SwissX and the AI and Wellness whatever. It's sounds very confusing and my head is spinning already. But, it's legitimate it seems and real. Obnoxious and ostentatious. But real.
Our PR in the above excerpt also vaguely mentions an "extensive film library" we are getting. Would that be this, elaborated on a little more in the link:
The firm owns 27,000 titles and licenses more than 340,000 others, including a trove of B movies and old westerns as well as some 3,500 podcasts.
Obviously! But I'm time-stamping it anyway. I have a long running experiment that is being documented. Matters not if anyone cares or takes heed. Paper trails are being made, and there is a purpose beyond your understanding behind them.
Sir no one cares
9980 SHARES NOW
avg cost per share: .432
Buy 1000 AVNI Executed @ $0.425 Oct 28, 2021 9:37 AM ET
Dividend or Interest Paid Oct 28, 2021 3:16 AM ET
Paid for in full by a dividend.
Thank you!
Arvana mentioned in an article last month:
http://www.tvmix.com/swissx-island-new-holistic-spa-resorts-open-in-antigua-and-soon-spetses-greese/123
That's interesting. Didn't see that fly under the radar.
Excerpt:
"In addition to its running Swissx Island’s notable RastaLand Resorts and CBD product line, Alki David has acquired control of Arvana, Inc (Symbol AVNI, US: OTC). The businessman is working to establish Arvana as a holding company that focuses on integrating wellness, technology and entertainment businesses. The company will focus on high-tech health and wellness initiatives by incorporating online therapeutic streaming of digital arts, sports news and entertainment, which will be facilitated by home e-commerce delivery and monthly at home branded subscription services."
And also here:
https://walmart-cbdoil.com/news/naturally-relieve-allergy-signs-with-cbd-merchandise-from-swissx-shockya-com/
"In recent news, Swissx CEO billionaire Alki David has taken control of Arvana, Inc. (Symbol AVNI, USA: OTC). The businessman is working to establish AVNI as a holding company focused on integrating wellness and entertainment businesses. The company will focus on high-tech health and wellness initiatives by integrating therapeutic online streaming of digital art, sports news, and entertainment made possible through home e-commerce deliveries and monthly home subscription services. Stay up to date here on ShockYa for the latest news on AVNI’s evolution."
I'm don't know these sources. I get the feeling Alki David is influential in what they are printing and he is branding our shell already. Just a feeling on his influence, no supporting evidence at this time.
I feel like once he's ready, he's going to promote the heck out of us.
Only from news sources. Like this one:
"David allegedly grew enraged. He fired Zirpel and allegedly told him to “suck my dick.” He allegedly also called Zirpel, who is gay, a “f—t.”
https://www.thedailybeast.com/alki-david-coca-cola-heir-who-called-lawyer-a-fucktard-loses-dollar1-million-case
And then calls the prosecution a "F#42tard" and loses to a $7 million judgement. And he's going to appeal and "bring down the manipulators" because everybody is at fault. Except for him!
Oh, God! It's like watching Trump. This is a a perfect case of bad parenting. Really, really bad parenting. This is as spoiled as they come. Narcissist to the nth power.
I do apologize. If it were me, we'd have Alec Baldwin running the show here. But's he's too busy with his own safety protocols.
There is another great streaming company called CIDM. That's where my real heart is at. This one is going to be a $H!T show, I'm afraid to say. Just ready for the show to start. Could be a long time. I have the patience.
Don't look at me!! At least, they are moving forward. Unlike Caie Foods that just jacked around for years.
You heard anything from Alki?
8980 Shares
I meant this post for you, BB. I responded to the wrong person.
Buy 4000 AVNI Executed @ $0.5Oct 26, 2021 11:11 AM ET
Buy 1000 AVNI Executed @ $0.5Oct 26, 2021 10:06 AM ET
I hope you are still lurking, Big Brother!!!! Could use some company around here.
8980 shares now at avg. price of .4333.
Starting to be like pulling teeth, which is a good thing. Get the .50s on the ask while they are there!
The ASK is gone now. It was 4000 shares on the ask for a brief moment. I will be back in due time I'm sure....
I'm coming back in!
Buy 4000 AVNI Executed @ $0.5Oct 26, 2021 11:11 AM ET
Buy 1000 AVNI Executed @ $0.5Oct 26, 2021 10:06 AM ET
I hope you are still lurking, Big Brother!!!! Could use some company around here.
8990 shares now at avg. price of .4333.
Starting to be like pulling teeth, which is a good thing. Get the .50s on the ask while they are there!
SEVERAL CHAIRS!!! Which is plenty IMO. I have a small pod of whales for family, we find our stock, take positions and add dips! We don't sell rips though... Just keep adding! GLTY
Yes but how many plastic chairs is your family sittin’ on
That's a fair assessment. But my family though.... WE GRIND!
$700 in volume!!! Wow wow wow, looks like Alki sold a couple trinkets to the elf and could easily be another $700 injection tomorrow! Did I mention he's a billionaire?
The sentiment in that...JUST WOW! Gm to you and yours
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