10-Q Filing

ARVANA INC CIK: 1113313 Q3 2011

Filing Information

Form Type	10-Q
Accession Number	`0001144204-11-063197`
Period End Date	20110930
Filing Date	20111114
Fiscal Year	2011
Fiscal Period	Q3
XBRL Instance	avni-20110930.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
Common stock, shares authorized	`CommonStockSharesAuthorized`	5.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	5.00M	shares	Point-in-time
Cash	`Cash`	$3.92K	USD	Point-in-time
Cash	`Cash`	$2.07K	USD	Point-in-time
Cash	`Cash`	$534.00	USD	Point-in-time
Cash	`Cash`	$4.82K	USD	Point-in-time
Total assets	`Assets`	$3.92K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	1.06M	shares	Point-in-time
Total assets	`Assets`	$2.07K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	885,130.00	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	885,130.00	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	1.06M	shares	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$695.42K	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	2,085.00	shares	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	177,085.00	shares	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$657.60K	USD	Point-in-time
Loans payable stockholders (Note 3)	`DueToOfficersOrStockholdersCurrent`	$613.81K	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`	$118.54K	USD	Point-in-time
Loans payable (Note 3)	`LoansPayableCurrent`	$25.00K	USD	Point-in-time
Loans payable (Note 3)	`LoansPayableCurrent`	$34.54K	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`	$438.53K	USD	Point-in-time
Total current liabilities	`Liabilities`	$1.67M	USD	Point-in-time
Total current liabilities	`Liabilities`	$1.90M	USD	Point-in-time
Common stock, $.001 par value 5,000,000 shares authorized, 885,130 and 1,060,130 , shares issued and outstanding at September 30, 2011 and December 31, 2010, respectively (Note 4)	`CommonStockValue`	$885.00	USD	Point-in-time
Common stock, $.001 par value 5,000,000 shares authorized, 885,130 and 1,060,130 , shares issued and outstanding at September 30, 2011 and December 31, 2010, respectively (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`	$21.17M	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`	$355.68K	USD	Point-in-time
Deficit accumulated during the development stage	`DevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStage`	$126.43K	USD	Point-in-time
Total Stockholders Deficit Before Treasury Stock	`TotalStockholdersDeficitBeforeTreasuryStock`	$-1.89M	USD	Point-in-time
Total Stockholders Deficit Before Treasury Stock	`TotalStockholdersDeficitBeforeTreasuryStock`	$-1.38M	USD	Point-in-time
Less: Treasury stock, 2,085 and 177,085 common shares at September 30, 2011 and December 31, 2010, respectively	`TreasuryStockValue`	$3.34K	USD	Point-in-time
Less: Treasury stock, 2,085 and 177,085 common shares at September 30, 2011 and December 31, 2010, respectively	`TreasuryStockValue`	$283.34K	USD	Point-in-time
Total stockholders' deficit	`StockholdersEquity`	$-1.67M	USD	Point-in-time
Total stockholders' deficit	`StockholdersEquity`	$-1.90M	USD	Point-in-time
Total liabilities and stockholders' deficit	`LiabilitiesAndStockholdersEquity`	$2.07K	USD	Point-in-time
Total liabilities and stockholders' deficit	`LiabilitiesAndStockholdersEquity`	$3.92K	USD	Point-in-time

Income Statement 45 line items

Line Item	Tag	Value	Unit	Period
General and administrative	`GeneralAndAdministrativeExpense`	$20.63K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$224.39K	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$82.12K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$327.78K	USD	7 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$74.89K	USD	3 Qtrs
Depreciation	`DepreciationAndAmortization`	-	USD	3 Qtrs
Depreciation	`DepreciationAndAmortization`	$103.00	USD	3 Qtrs
Depreciation	`DepreciationAndAmortization`	$103.00	USD	7 Qtrs
Depreciation	`DepreciationAndAmortization`	-	USD	1 Quarter
Depreciation	`DepreciationAndAmortization`	-	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$74.99K	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$224.39K	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$20.63K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$82.12K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$327.88K	USD	7 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-82.12K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-74.99K	USD	3 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-20.63K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-224.39K	USD	3 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-327.88K	USD	7 Qtrs
Interest expense	`InterestExpense`	$10.95K	USD	1 Quarter
Interest expense	`InterestExpense`	$77.24K	USD	7 Qtrs
Interest expense	`InterestExpense`	$34.49K	USD	3 Qtrs
Interest expense	`InterestExpense`	$11.50K	USD	1 Quarter
Interest expense	`InterestExpense`	$31.79K	USD	3 Qtrs
Foreign exchange gain (loss)	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$29.63K	USD	3 Qtrs
Foreign exchange gain (loss)	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$22.06K	USD	3 Qtrs
Foreign exchange gain (loss)	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-64.35K	USD	1 Quarter
Foreign exchange gain (loss)	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$89.92K	USD	1 Quarter
Foreign exchange gain (loss)	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$49.44K	USD	7 Qtrs
Net loss and comprehensive loss for the period	`ComprehensiveIncomeNetOfTax`	$-95.92K	USD	1 Quarter
Net loss and comprehensive loss for the period	`ComprehensiveIncomeNetOfTax`	$-3.70K	USD	1 Quarter
Net loss and comprehensive loss for the period	`ComprehensiveIncomeNetOfTax`	$-355.68K	USD	7 Qtrs
Net loss and comprehensive loss for the period	`ComprehensiveIncomeNetOfTax`	$-84.73K	USD	3 Qtrs
Net loss and comprehensive loss for the period	`ComprehensiveIncomeNetOfTax`	$-229.25K	USD	3 Qtrs
Weighted average shares outstanding (in shares)	`WeightedAverageSharesOutstanding`	1.01M	shares	1 Quarter
Weighted average shares outstanding (in shares)	`WeightedAverageSharesOutstanding`	1.05M	shares	1 Quarter
Weighted average shares outstanding (in shares)	`WeightedAverageSharesOutstanding`	1.05M	shares	7 Qtrs
Weighted average shares outstanding (in shares)	`WeightedAverageSharesOutstanding`	1.06M	shares	3 Qtrs
Weighted average shares outstanding (in shares)	`WeightedAverageSharesOutstanding`	1.04M	shares	3 Qtrs
Net loss per common share (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.22	USD	3 Qtrs
Net loss per common share (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.34	USD	7 Qtrs
Net loss per common share (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.01	USD	1 Quarter
Net loss per common share (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.08	USD	3 Qtrs
Net loss per common share (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.18	USD	1 Quarter

Cash Flow Statement 41 line items

Line Item	Tag	Value	Unit	Period
Net loss for the period	`ComprehensiveIncomeNetOfTax`	$-95.92K	USD	1 Quarter
Net loss for the period	`ComprehensiveIncomeNetOfTax`	$-3.70K	USD	1 Quarter
Net loss for the period	`ComprehensiveIncomeNetOfTax`	$-355.68K	USD	7 Qtrs
Net loss for the period	`ComprehensiveIncomeNetOfTax`	$-84.73K	USD	3 Qtrs
Net loss for the period	`ComprehensiveIncomeNetOfTax`	$-229.25K	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$103.00	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	-	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$103.00	USD	7 Qtrs
Unrealized foreign exchange	`ForeignCurrencyTransactionGainLossUnrealized`	$23.68K	USD	3 Qtrs
Unrealized foreign exchange	`ForeignCurrencyTransactionGainLossUnrealized`	$16.50K	USD	3 Qtrs
Unrealized foreign exchange	`ForeignCurrencyTransactionGainLossUnrealized`	$39.89K	USD	7 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$101.02K	USD	7 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$33.92K	USD	3 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$46.91K	USD	3 Qtrs
Amounts due to related parties	`IncreaseDecreaseInDueToRelatedPartiesCurrent`	$43.44K	USD	3 Qtrs
Amounts due to related parties	`IncreaseDecreaseInDueToRelatedPartiesCurrent`	$162.30K	USD	3 Qtrs
Amounts due to related parties	`IncreaseDecreaseInDueToRelatedPartiesCurrent`	$224.12K	USD	7 Qtrs
Net cash used in operations	`NetCashProvidedByUsedInOperatingActivities`	$-30.95K	USD	3 Qtrs
Net cash used in operations	`NetCashProvidedByUsedInOperatingActivities`	$-36.55K	USD	3 Qtrs
Net cash used in operations	`NetCashProvidedByUsedInOperatingActivities`	$-70.32K	USD	7 Qtrs
Proceeds of loans payable	`ProceedsFromRelatedPartyDebt`	$38.39K	USD	3 Qtrs
Proceeds of loans payable	`ProceedsFromRelatedPartyDebt`	$35.24K	USD	3 Qtrs
Proceeds of loans payable	`ProceedsFromRelatedPartyDebt`	$73.70K	USD	7 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$38.39K	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$73.70K	USD	7 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$35.24K	USD	3 Qtrs
Increase in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$4.29K	USD	3 Qtrs
Increase in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$3.38K	USD	7 Qtrs
Increase in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$1.84K	USD	3 Qtrs
Cash, beginning of period	`Cash`	$3.92K	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, beginning of period	`Cash`	$4.82K	USD	Point-in-time
Cash, end of period	`Cash`	$3.92K	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, end of period	`Cash`	$4.82K	USD	Point-in-time
Cash paid for interest	`InterestPaid`	-	USD	3 Qtrs
Cash paid for interest	`InterestPaid`	-	USD	3 Qtrs
Cash paid for income taxes	`IncomeTaxesPaid`	-	USD	3 Qtrs
Cash paid for income taxes	`IncomeTaxesPaid`	-	USD	3 Qtrs

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