Arvana Inc. (AVNI)

[NobleRoman]

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.