Replies to post #474 on Arvana Inc. (AVNI)

[Big Brother]

I finally picked up a little bit, been following for awhile, shell had a change of control in the last Q, Altaf Nazerali is the new majority shareholder. He's a wealthy, businessman and stock promotor, who won a $1.2M defamation/libel lawsuit a few years back, against the Former Overstock CEO Patrick Byrne.

Change of Control

The shares of restricted common stock approved by the board of directors on November 10, 2020, for issuance to Altaf Nazerali, and related companies constitutes a change in control of the registrant. Prior to the control change, the Company was controlled by its stockholders rather than any singular stockholder or group of stockholders, and there are no arrangements or understandings in place between the board of directors and Mr. Nazerali with respect to the election of directors or other materal matters. Each share of our common stock entitles the holder to one vote. Mr. Nazarali directly or indirectly exercises control over 2,628,190 Company shares or 57% of our the voting shares on any matter that is brought before our stockholders.

http://www.alynazerali.com/

https://vancouversun.com/news/local-news/vancouver-businessman-wins-1-2-million-for-internet-libel