Arvana Inc. (AVNI)

[NobleRoman]

Biltmore International Liquidation

http://52.55.56.237/trader/cik821308.html

The only institution holding 25% of the OS is liquidating for an unknown reason. I therefore bought 13,000 shares.


Buy 10000 AVNI Executed @ $0.14
Oct 29, 2019
12:43 PM ET
Buy 3000 AVNI Executed @ $0.43
Oct 24, 2019
11:11 AM ET

Total shares now equal 26,550 at an avg price of .34 according to Etrade. But that a misleading cost since 9000 are *free* from the last runup. So the real cost is 26,550 divided by the cost above, which is .10. The largest position here so far, so I will change that on my profile as it has become too significant to ignore.

The seller is a broker hiding behind deregulation. So, there hardly anything to know about him. But they do have a little transparency:

https://www.sec.gov/Archives/edgar/vprr/1054/15047107.pdf

They have some investors and are legit and have a sizable portfolio. They can do anything they want, it seems, since they can invest in empty shells. Like me. Why they are selling is beyond me. They did not participate in the huge runup last year. It's clear to see by all their long trade history that they are not profiting. It will be a wash or a net loss.

That's half their shares gone, I suspect yesterday was them too, bringing that number to 80% of their shares gone. I like them as stronger hands. They just sold to weak, primarily, I'd suspect. But I'm going to stick with the observable facts. Caie is indeed trying to come through.