10-Q Filing

ARVANA INC CIK: 1113313 Q3 2012

Filing Information

Form Type	10-Q
Accession Number	`0001211524-12-000224`
Period End Date	20120930
Filing Date	20121113
Fiscal Year	2012
Fiscal Period	Q3
XBRL Instance	avni-20120930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 45 Income Statement 39 Cash Flow Statement 40

Balance Sheet 45 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`	$4.12K	USD	Point-in-time
Cash	`Cash`	$1.73K	USD	Point-in-time
Total assets	`Assets`	$4.12K	USD	Point-in-time
Total assets	`Assets`	$1.73K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	885,130.00	shares	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`	885,130.00	shares	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	2,085.00	shares	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$989.53K	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	2,085.00	shares	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$695.55K	USD	Point-in-time
Loans payable stockholders (Note 3)	`DueToOfficersOrStockholdersCurrent`	$624.60K	USD	Point-in-time
Loans payable stockholders (Note 3)	`DueToOfficersOrStockholdersCurrent`	$604.93K	USD	Point-in-time
Loans payable stockholders (Note 3)	`DueToOfficersOrStockholdersCurrent`	$624.60K	USD	Point-in-time
Loans payable related party (Note 3)	`LoansPayableRelatedPartyCurrent`	$34.43K	USD	Point-in-time
Loans payable related party (Note 3)	`LoansPayableRelatedPartyCurrent`	$118.83K	USD	Point-in-time
Loans payable (Note 3)	`LoansPayableCurrent`	$145.17K	USD	Point-in-time
Loans payable (Note 3)	`LoansPayableCurrent`	$145.17K	USD	Point-in-time
Loans payable (Note 3)	`LoansPayableCurrent`	$44.83K	USD	Point-in-time
Amounts due to related parties (Note 3and 6)	`DueToOtherRelatedPartiesClassifiedCurrent`	$516.72K	USD	Point-in-time
Amounts due to related parties (Note 3and 6)	`DueToOtherRelatedPartiesClassifiedCurrent`	$450.43K	USD	Point-in-time
Amounts due to related parties (Note 3and 6)	`DueToOtherRelatedPartiesClassifiedCurrent`	$450.43K	USD	Point-in-time
Total current liabilities	`Liabilities`	$2.24M	USD	Point-in-time
Total current liabilities	`Liabilities`	$1.98M	USD	Point-in-time
Common stock, $0.001 par value 5,000,000 authorized, 885,130 shares issued and outstanding at September 30, 2012 and December 31, 2011 (Note 4)	`CommonStockValue`	$885.00	USD	Point-in-time
Common stock, $0.001 par value 5,000,000 authorized, 885,130 shares issued and outstanding at September 30, 2012 and December 31, 2011 (Note 4)	`CommonStockValue`	$885.00	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$21.17M	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`	$437.88K	USD	Point-in-time
Deficit accumulated during the development stage	`DevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStage`	$698.79K	USD	Point-in-time
Total Stockholders Deficit Before Treasury Stock	`TotalStockholdersDeficitBeforeTreasuryStock`	$2.24M	USD	Point-in-time
Total Stockholders Deficit Before Treasury Stock	`TotalStockholdersDeficitBeforeTreasuryStock`	$-1.98M	USD	Point-in-time
Less: Treasury stock - 2,085 and 177,085 common shares at September 30, 2012 and at December 31, 2011	`TreasuryStockValue`	$3.34K	USD	Point-in-time
Less: Treasury stock - 2,085 and 177,085 common shares at September 30, 2012 and at December 31, 2011	`TreasuryStockValue`	$3.34K	USD	Point-in-time
Total stockholders' deficiency	`StockholdersEquity`	$-2.24M	USD	Point-in-time
Total stockholders' deficiency	`StockholdersEquity`	$-1.98M	USD	Point-in-time
Total liabilities and stockholders' deficit	`LiabilitiesAndStockholdersEquity`	$4.12K	USD	Point-in-time
Total liabilities and stockholders' deficit	`LiabilitiesAndStockholdersEquity`	$1.73K	USD	Point-in-time

Income Statement 39 line items

Line Item	Tag	Value	Unit	Period
General and administrative	`GeneralAndAdministrativeExpense`	$615.09K	USD	11 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$224.39K	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$70.35K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$82.12K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$210.94K	USD	3 Qtrs
Depreciation	`DepreciationAndAmortization`	$103.00	USD	11 Qtrs
Total operating expenses	`OperatingExpenses`	$210.94K	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$224.39K	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$70.35K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$615.20K	USD	11 Qtrs
Total operating expenses	`OperatingExpenses`	$82.12K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-82.12K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-224.39K	USD	3 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-70.35K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-210.94K	USD	3 Qtrs
Loss from operations	`OperatingIncomeLoss`	$615.20K	USD	11 Qtrs
Interest expense	`InterestExpense`	$34.49K	USD	3 Qtrs
Interest expense	`InterestExpense`	$35.28K	USD	3 Qtrs
Interest expense	`InterestExpense`	$123.98K	USD	11 Qtrs
Interest expense	`InterestExpense`	$11.86K	USD	1 Quarter
Interest expense	`InterestExpense`	$11.50K	USD	1 Quarter
Foreign exchange gain	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$89.92K	USD	1 Quarter
Foreign exchange gain	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$29.63K	USD	3 Qtrs
Foreign exchange gain	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$40.39K	USD	11 Qtrs
Foreign exchange gain	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-14.69K	USD	3 Qtrs
Foreign exchange gain	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-32.23K	USD	1 Quarter
Net loss and comprehensive loss for the year	`ComprehensiveIncomeNetOfTax`	$-3.70K	USD	1 Quarter
Net loss and comprehensive loss for the year	`ComprehensiveIncomeNetOfTax`	$-114.44K	USD	1 Quarter
Net loss and comprehensive loss for the year	`ComprehensiveIncomeNetOfTax`	$-260.91K	USD	3 Qtrs
Net loss and comprehensive loss for the year	`ComprehensiveIncomeNetOfTax`	$-229.25K	USD	3 Qtrs
Net loss and comprehensive loss for the year	`ComprehensiveIncomeNetOfTax`	$-698.79K	USD	11 Qtrs
Weighted average shares outstanding (in shares)	`WeightedAverageSharesOutstanding`	1.01M	shares	1 Quarter
Weighted average shares outstanding (in shares)	`WeightedAverageSharesOutstanding`	1.04M	shares	3 Qtrs
Weighted average shares outstanding (in shares)	`WeightedAverageSharesOutstanding`	885,130.00	shares	3 Qtrs
Weighted average shares outstanding (in shares)	`WeightedAverageSharesOutstanding`	885,130.00	shares	1 Quarter
Net loss per common share - basic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.13	USD	1 Quarter
Net loss per common share - basic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.01	USD	1 Quarter
Net loss per common share - basic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.22	USD	3 Qtrs
Net loss per common share - basic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.29	USD	3 Qtrs

Cash Flow Statement 40 line items

Line Item	Tag	Value	Unit	Period
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	`ProfitLoss`	$-260.91K	USD	3 Qtrs
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	`ProfitLoss`	$-698.79K	USD	11 Qtrs
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	`ProfitLoss`	$-229.25K	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$103.00	USD	11 Qtrs
Unrealized foreign exchange	`ForeignCurrencyTransactionGainLossUnrealized`	$-10.40K	USD	3 Qtrs
Unrealized foreign exchange	`ForeignCurrencyTransactionGainLossUnrealized`	$16.50K	USD	3 Qtrs
Unrealized foreign exchange	`ForeignCurrencyTransactionGainLossUnrealized`	$39.87K	USD	11 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$145.03K	USD	11 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$38.70K	USD	3 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$46.91K	USD	3 Qtrs
Amounts due to related parties	`IncreaseDecreaseInDueToRelatedPartiesCurrent`	$162.30K	USD	3 Qtrs
Amounts due to related parties	`IncreaseDecreaseInDueToRelatedPartiesCurrent`	$178.22K	USD	3 Qtrs
Amounts due to related parties	`IncreaseDecreaseInDueToRelatedPartiesCurrent`	$476.96K	USD	11 Qtrs
Net cash used in operations	`NetCashProvidedByUsedInOperatingActivities`	$-116.57K	USD	11 Qtrs
Net cash used in operations	`NetCashProvidedByUsedInOperatingActivities`	$-36.55K	USD	3 Qtrs
Net cash used in operations	`NetCashProvidedByUsedInOperatingActivities`	$-33.04K	USD	3 Qtrs
Proceeds of loans payable stockholders	`ProceedsOfLoansPayableStockholders`	$20.17K	USD	3 Qtrs
Proceeds of loans payable stockholders	`ProceedsOfLoansPayableStockholders`	$41.23K	USD	11 Qtrs
Proceeds of loans payable stockholders	`ProceedsOfLoansPayableStockholders`	$4.77K	USD	3 Qtrs
Proceeds of loans payable related parties	`ProceedsFromRelatedPartyDebt`	$14.54K	USD	3 Qtrs
Proceeds of loans payable related parties	`ProceedsFromRelatedPartyDebt`	$15.26K	USD	3 Qtrs
Proceeds of loans payable related parties	`ProceedsFromRelatedPartyDebt`	$34.09K	USD	11 Qtrs
Proceeds of loans payable	`ProceedsFromIssuanceOfDebt`	$19.08K	USD	3 Qtrs
Proceeds of loans payable	`ProceedsFromIssuanceOfDebt`	$44.83K	USD	11 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$35.43K	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$38.39K	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$120.16K	USD	11 Qtrs
Increase (decrease) in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$2.39K	USD	3 Qtrs
Increase (decrease) in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$3.59K	USD	11 Qtrs
Increase (decrease) in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$1.84K	USD	3 Qtrs
Cash beginning of year	`CashBeginningOfYear`	$534.00	USD	11 Qtrs
Cash beginning of year	`CashBeginningOfYear`	$2.07K	USD	3 Qtrs
Cash beginning of year	`CashBeginningOfYear`	$1.73K	USD	3 Qtrs
Cash end of Year	`CashEndOfYear`	$4.12K	USD	3 Qtrs
Cash end of Year	`CashEndOfYear`	$3.92K	USD	3 Qtrs
Cash end of Year	`CashEndOfYear`	$4.12K	USD	11 Qtrs
Decrease in accounts payable due to related parties due to debt assignment	`DecreaseInAccountsPayableDueToDebtAssignment`	$252.51K	USD	3 Qtrs
Decrease in accounts payable due to related parties due to debt assignment	`DecreaseInAccountsPayableDueToDebtAssignment`	$252.51K	USD	11 Qtrs
Decrease in loans payable due to related parties due to debt assignment	`DecreaseInLoansPayableDueToDebtAssignment`	$100.00K	USD	11 Qtrs
Decrease in loans payable due to related parties due to debt assignment	`DecreaseInLoansPayableDueToDebtAssignment`	$100.00K	USD	3 Qtrs

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