Wednesday, October 19, 2022 12:04:59 AM
https://www.otcmarkets.com/filing/html?id=16139610&guid=jER-keeht3olB3h
That puts the floor at .20 in my eyes, and this isn't very much altitude. I like it.
On September 30, 2022, the board of directors of Arvana Inc. (“Company”) approved the issuance of one million eight hundred thousand (1,800,000) shares of restricted common stock, par value $0.001, to sixteen individuals (16) and two (2) entities, pursuant to exemptions from registration promulgated under Securities and Exchange Act of 1933, as amended (“Securities Act”) as follows:
That's sounds a lot better than the following. This is $300,000 as opposed to $100,00 noted here on May 22:
ARVANA TO OFFER 5,000,000 COMMON SHARES AT $0.02 AS FIRST STAGE FUNDING FOR IT’S NEW BUSINESS MODEL FOCUSED ON THE ACQUISITION OF UNDERVALUED COMMERCIAL REAL ESTATE FOR REDEVELOPMENT ACROSS NORTH AMERICA.
This comes about 120 day later and not the 60 the first PR alluded to. I wonder, is that the same deal but better price? I don't know. But, I like who's in it. Ruairidh Campbell put up $40,000 for 200,000 shares. My current 73,000 shares are worth $18,000 and up 23% on paper but not liquid.
.20 is the price all those investors paid for 1.8M shares. Enkore Custom Homes bought 50,000 shares. I wonder who they are. That sounds construction related, which is what one of our business claims to be. Although, I hope the show is better than this boring site of ours:
http://www.arvana.us/investing/news
Surely, I hope we get more interesting than this. These are restricted shares, so I'm guess the show will start after September of 2023 sometime? That will be a lot of time for me to get more under .20 if fate should have it. But it feels like somebody has been cheating and knew this all along, as the price has been up here at a small premium to this base price of .20. And I sold 2,000 shares to some person that didn't have the courtesy to come here and talk. I see how it works around here...
I wonder if this is the same Encore Custom Homes?
https://www.encoredvlp.com/custom-homes
Professional looking operation. I'm sure 50,000 shares is chump change to them if so. But I like this price as a start. Not exactly a lot of money raised, but it's 3 times more than the PR suggested and 20 times higher on the per share. IFF that is what this is. No PR about it either. Does that mean they are trying to be inconspicuous right now, being that these are registered shares? Or will there be a PR?
16 investors here, and I hold more shares than most of them. But certainly not all of them. I think I like this hand.
Recent AVNI News
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