10-Q Filing

ARVANA INC CIK: 1113313 Q2 2011

Filing Information

Form Type	10-Q
Accession Number	`0000949353-11-000275`
Period End Date	20110630
Filing Date	20110815
Fiscal Year	2011
Fiscal Period	Q2
XBRL Instance	avni-20110630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 44 Income Statement 45 Cash Flow Statement 41

Balance Sheet 44 line items

Line Item	Tag	Value	Unit	Period
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash	`Cash`	$12.27K	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	5.00M	shares	Point-in-time
Cash	`Cash`	$1.40K	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	5.00M	shares	Point-in-time
Cash	`Cash`	$2.07K	USD	Point-in-time
Cash	`Cash`	$534.00	USD	Point-in-time
Total assets	`Assets`	$2.07K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	1.06M	shares	Point-in-time
Total assets	`Assets`	$12.27K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	1.06M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	1.06M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	1.06M	shares	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$657.60K	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	177,085.00	shares	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	177,085.00	shares	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$713.23K	USD	Point-in-time
Loans payable stockholders (Note 3)	`DueToOfficersOrStockholdersCurrent`	$662.53K	USD	Point-in-time
Loans payable stockholders (Note 3)	`DueToOfficersOrStockholdersCurrent`	$604.65K	USD	Point-in-time
Loans payable related party (Note 3)	`LoansPayableRelatedPartyCurrent`	$100.00K	USD	Point-in-time
Loans payable related party (Note 3)	`LoansPayableRelatedPartyCurrent`	$100.00K	USD	Point-in-time
Loans payable (Note 3)	`LoansPayableCurrent`	$25.00K	USD	Point-in-time
Loans payable (Note 3)	`LoansPayableCurrent`	$35.37K	USD	Point-in-time
Amounts due to related parties (Note 3)	`DueToOtherRelatedPartiesClassifiedCurrent`	$282.50K	USD	Point-in-time
Amounts due to related parties (Note 3)	`DueToOtherRelatedPartiesClassifiedCurrent`	$394.38K	USD	Point-in-time
Total current liabilities	`Liabilities`	$1.91M	USD	Point-in-time
Total current liabilities	`Liabilities`	$1.67M	USD	Point-in-time
Common stock, $.001 par value 5,000,000 shares authorized 1,060,130 shares issued and outstanding at June 30, 2011 and at December 31, 2010 (Note 4)	`CommonStockValue`	$1.06K	USD	Point-in-time
Common stock, $.001 par value 5,000,000 shares authorized 1,060,130 shares issued and outstanding at June 30, 2011 and at December 31, 2010 (Note 4)	`CommonStockValue`	$1.06K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$21.45M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$21.45M	USD	Point-in-time
Deficit	`RetainedEarningsAccumulatedDeficit`	$-22.71M	USD	Point-in-time
Deficit	`RetainedEarningsAccumulatedDeficit`	$-22.71M	USD	Point-in-time
Deficit accumulated during the development stage	`DevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStage`	$351.98K	USD	Point-in-time
Deficit accumulated during the development stage	`DevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStage`	$126.43K	USD	Point-in-time
Total Stockholders Deficit Before Treasury Stock	`TotalStockholdersDeficitBeforeTreasuryStock`	$-1.38M	USD	Point-in-time
Total Stockholders Deficit Before Treasury Stock	`TotalStockholdersDeficitBeforeTreasuryStock`	$-1.61M	USD	Point-in-time
Less: Treasury stock - 177,085 common shares at June 30, 2011 and at December 31, 2010	`TreasuryStockValue`	$283.34K	USD	Point-in-time
Less: Treasury stock - 177,085 common shares at June 30, 2011 and at December 31, 2010	`TreasuryStockValue`	$283.34K	USD	Point-in-time
Total stockholders' deficit	`StockholdersEquity`	$-1.67M	USD	Point-in-time
Total stockholders' deficit	`StockholdersEquity`	$-1.89M	USD	Point-in-time
Total liabilities and stockholders' deficit	`LiabilitiesAndStockholdersEquity`	$2.07K	USD	Point-in-time
Total liabilities and stockholders' deficit	`LiabilitiesAndStockholdersEquity`	$12.27K	USD	Point-in-time

Income Statement 45 line items

Line Item	Tag	Value	Unit	Period
General and administrative	`GeneralAndAdministrativeExpense`	$54.26K	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$245.66K	USD	6 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$142.27K	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$29.39K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$88.48K	USD	1 Quarter
Depreciation	`DepreciationAndAmortization`	-	USD	1 Quarter
Depreciation	`DepreciationAndAmortization`	$103.00	USD	6 Qtrs
Depreciation	`DepreciationAndAmortization`	-	USD	2 Qtrs
Depreciation	`DepreciationAndAmortization`	$103.00	USD	2 Qtrs
Depreciation	`DepreciationAndAmortization`	$28.00	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$245.76K	USD	6 Qtrs
Total operating expenses	`OperatingExpenses`	$142.27K	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$29.42K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$88.48K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$54.37K	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-88.48K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-245.76K	USD	6 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-142.27K	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-29.42K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-54.37K	USD	2 Qtrs
Interest expense	`InterestExpense`	$10.37K	USD	1 Quarter
Interest expense	`InterestExpense`	$11.75K	USD	1 Quarter
Interest expense	`InterestExpense`	$20.85K	USD	2 Qtrs
Interest expense	`InterestExpense`	$65.74K	USD	6 Qtrs
Interest expense	`InterestExpense`	$22.98K	USD	2 Qtrs
Foreign exchange gain (loss)	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$86.41K	USD	2 Qtrs
Foreign exchange gain (loss)	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$61.88K	USD	1 Quarter
Foreign exchange gain (loss)	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-60.29K	USD	2 Qtrs
Foreign exchange gain (loss)	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-40.48K	USD	6 Qtrs
Foreign exchange gain (loss)	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-18.41K	USD	1 Quarter
Net income (loss) and Comprehensive income (loss) for the period	`ComprehensiveIncomeNetOfTax`	$-225.55K	USD	2 Qtrs
Net income (loss) and Comprehensive income (loss) for the period	`ComprehensiveIncomeNetOfTax`	$11.19K	USD	2 Qtrs
Net income (loss) and Comprehensive income (loss) for the period	`ComprehensiveIncomeNetOfTax`	$22.09K	USD	1 Quarter
Net income (loss) and Comprehensive income (loss) for the period	`ComprehensiveIncomeNetOfTax`	$-351.98K	USD	6 Qtrs
Net income (loss) and Comprehensive income (loss) for the period	`ComprehensiveIncomeNetOfTax`	$-118.64K	USD	1 Quarter
Weighted average shares outstanding	`WeightedAverageSharesOutstanding`	1.06M	shares	2 Qtrs
Weighted average shares outstanding	`WeightedAverageSharesOutstanding`	1.06M	shares	1 Quarter
Weighted average shares outstanding	`WeightedAverageSharesOutstanding`	1.06M	shares	1 Quarter
Weighted average shares outstanding	`WeightedAverageSharesOutstanding`	1.06M	shares	6 Qtrs
Weighted average shares outstanding	`WeightedAverageSharesOutstanding`	1.06M	shares	2 Qtrs
Net (loss) per share	`EarningsPerShareBasicAndDiluted`	$0.02	USD	1 Quarter
Net (loss) per share	`EarningsPerShareBasicAndDiluted`	$-0.33	USD	6 Qtrs
Net (loss) per share	`EarningsPerShareBasicAndDiluted`	$0.01	USD	2 Qtrs
Net (loss) per share	`EarningsPerShareBasicAndDiluted`	$-0.21	USD	2 Qtrs
Net (loss) per share	`EarningsPerShareBasicAndDiluted`	$-0.11	USD	1 Quarter

Cash Flow Statement 41 line items

Line Item	Tag	Value	Unit	Period
Net income (loss) for the period	`ComprehensiveIncomeNetOfTax`	$-225.55K	USD	2 Qtrs
Net income (loss) for the period	`ComprehensiveIncomeNetOfTax`	$11.19K	USD	2 Qtrs
Net income (loss) for the period	`ComprehensiveIncomeNetOfTax`	$22.09K	USD	1 Quarter
Net income (loss) for the period	`ComprehensiveIncomeNetOfTax`	$-351.98K	USD	6 Qtrs
Net income (loss) for the period	`ComprehensiveIncomeNetOfTax`	$-118.64K	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	-	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$103.00	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$103.00	USD	6 Qtrs
Unrealized foreign exchange	`ForeignCurrencyTransactionGainLossUnrealized`	$-58.41K	USD	2 Qtrs
Unrealized foreign exchange	`ForeignCurrencyTransactionGainLossUnrealized`	$85.56K	USD	2 Qtrs
Unrealized foreign exchange	`ForeignCurrencyTransactionGainLossUnrealized`	$-35.02K	USD	6 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$82.12K	USD	6 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$15.41K	USD	2 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$28.00K	USD	2 Qtrs
Amounts due to related parties	`IncreaseDecreaseInDueToRelatedPartiesCurrent`	$108.05K	USD	2 Qtrs
Amounts due to related parties	`IncreaseDecreaseInDueToRelatedPartiesCurrent`	$169.88K	USD	6 Qtrs
Amounts due to related parties	`IncreaseDecreaseInDueToRelatedPartiesCurrent`	$32.56K	USD	2 Qtrs
Net cash used in operations	`NetCashProvidedByUsedInOperatingActivities`	$-64.86K	USD	6 Qtrs
Net cash used in operations	`NetCashProvidedByUsedInOperatingActivities`	$-26.29K	USD	2 Qtrs
Net cash used in operations	`NetCashProvidedByUsedInOperatingActivities`	$-31.09K	USD	2 Qtrs
Proceeds of loans payable	`ProceedsFromRelatedPartyDebt`	$27.16K	USD	2 Qtrs
Proceeds of loans payable	`ProceedsFromRelatedPartyDebt`	$76.60K	USD	6 Qtrs
Proceeds of loans payable	`ProceedsFromRelatedPartyDebt`	$41.29K	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$76.60K	USD	6 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$27.16K	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$41.29K	USD	2 Qtrs
Increase in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$11.74K	USD	6 Qtrs
Increase in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$10.20K	USD	2 Qtrs
Increase in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$870.00	USD	2 Qtrs
Cash, beginning of period	`Cash`	$12.27K	USD	Point-in-time
Cash, beginning of period	`Cash`	$1.40K	USD	Point-in-time
Cash, beginning of period	`Cash`	$2.07K	USD	Point-in-time
Cash, beginning of period	`Cash`	$534.00	USD	Point-in-time
Cash, end of period	`Cash`	$12.27K	USD	Point-in-time
Cash, end of period	`Cash`	$1.40K	USD	Point-in-time
Cash, end of period	`Cash`	$2.07K	USD	Point-in-time
Cash, end of period	`Cash`	$534.00	USD	Point-in-time
Cash paid for interest	`InterestPaid`	-	USD	2 Qtrs
Cash paid for interest	`InterestPaid`	-	USD	2 Qtrs
Cash paid for income taxes	`IncomeTaxesPaid`	-	USD	2 Qtrs
Cash paid for income taxes	`IncomeTaxesPaid`	-	USD	2 Qtrs

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.