Arvana Inc. (AVNI)

[NobleRoman]

10Q Showing Progress:

10Q out today shows things still brewing as I read it:

During the three months ended March 31, 2021, the Company issued nil shares.

And then some SUBSEQUENT EVENTS in April:

On April 14, 2021, an entity owned and controlled by our chief executive officer, received payment from a stockholder of the Company in the amount of $5,750, for services rendered by that entity for the Company.

On April 1, 2021, the Company entered into a credit agreement with one of its stockholders to secure funds to maintain operations. A loan of $10,360 was received pursuant to this agreement on April 7, 2021, and a credit note in even amount was provided to the lender.

On April 1, 2021, convertible promissory notes issued by the Company to CaiE Foods in exchange for the aggregate principal amount of $107,800 were in default given that amounts due were not paid or converted into equity, at the option of CaiE Foods, on maturity. The Company intends to settle all amounts due to CaiE Foods as part of a comprehensive settlement.

On April 1, 2021, the amendment to the Company’s articles of incorporation in order to increase authorized share capital, filed on March 15, 2021, with the Nevada Secretary of State, was made effective.

To me, that's a sign of life with purpose.

Outstanding shares at 3-31-21 is 4,610,670. So far, unchanged. That's better than many floats out there, and most of those are restricted shares at this time. Which is great physics as I see it.

If you want in, now is probably the best it's going to get for you. When things are dull and boring and in tight hands with no liquidity. At least, that's how I feel about it. And if you're thinking I'm going to come down to your bid -- Well, you better think again. And if you think I'm going o meet you at the ask. Well, you better raise your ask above $1.00. And then I'll think about it... But you won't be getting much. And you better come to your senses before the mystery emerges from the portal. Then your when and what questions will command much higher premiums.

The goal: The Company’s present intention is to identify, evaluate and secure a business opportunity to create value for its stockholders.

A mystery package on order. Will it be an Electric Vehicle company and exciting? Or a boring manufacturer of shoestrings? I don't know... I'm hoping something exciting. Good or bad, doesn't matter, butv preferably not ugly. But with current leadership, I definitely feel it will be something good. Just a hunch.

Source: https://ih.advfn.com/stock-market/USOTC/arvana-pk-AVNI/stock-news/85146842/quarterly-report-10-q