10-Q Filing

ARVANA INC CIK: 1113313 Q3 2014

Filing Information

Form Type	10-Q
Accession Number	`0001211524-14-000119`
Period End Date	20140930
Filing Date	20141113
Fiscal Year	2014
Fiscal Period	Q3
XBRL Instance	avni-20140930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 40 Income Statement 32 Cash Flow Statement 20

Balance Sheet 40 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
Cash	`Cash`	$321.00	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	5.00M	shares	Point-in-time
Cash	`Cash`	$702.00	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	885,130.00	shares	Point-in-time
Total assets	`Assets`	$321.00	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	885,130.00	shares	Point-in-time
Total assets	`Assets`	$702.00	USD	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
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$1.06M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	-3,336.00	shares	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	-3,336.00	shares	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$1.05M	USD	Point-in-time
Loans payable stockholders (Note 3)	`DueToOfficersOrStockholdersCurrent`	$666.51K	USD	Point-in-time
Loans payable stockholders (Note 3)	`DueToOfficersOrStockholdersCurrent`	$661.79K	USD	Point-in-time
Loans payable related party (Note 3)	`LoansPayableRelatedPartyCurrent`	$33.64K	USD	Point-in-time
Loans payable related party (Note 3)	`LoansPayableRelatedPartyCurrent`	$34.95K	USD	Point-in-time
Loans payable (Note 3)	`LoansPayableCurrent`	$144.40K	USD	Point-in-time
Loans payable (Note 3)	`LoansPayableCurrent`	$143.93K	USD	Point-in-time
Amounts due to related parties (Note 3and 6)	`DueToOtherRelatedPartiesClassifiedCurrent`	$481.43K	USD	Point-in-time
Amounts due to related parties (Note 3and 6)	`DueToOtherRelatedPartiesClassifiedCurrent`	$493.53K	USD	Point-in-time
Total current liabilities	`Liabilities`	$2.40M	USD	Point-in-time
Total current liabilities	`Liabilities`	$2.37M	USD	Point-in-time
Common stock, $0.001 par value 5,000,000 authorized, 885,130 shares issued and outstanding at December 31, 2011, respectively (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 December 31, 2011, respectively (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`	$-23.53M	USD	Point-in-time
Deficit	`RetainedEarningsAccumulatedDeficit`	$-23.56M	USD	Point-in-time
Total Stockholders Deficit Before Treasury Stock	`TotalStockholdersDeficitBeforeTreasuryStock`	$-2.36M	USD	Point-in-time
Total Stockholders Deficit Before Treasury Stock	`TotalStockholdersDeficitBeforeTreasuryStock`	$-2.39M	USD	Point-in-time
Less: Treasury stock - 2,085 at December 31, 2012 and 2011, respectively	`TreasuryStockValue`	$3.34K	USD	Point-in-time
Less: Treasury stock - 2,085 at December 31, 2012 and 2011, respectively	`TreasuryStockValue`	$3.34K	USD	Point-in-time
Total stockholders' deficiency	`StockholdersEquity`	$-2.40M	USD	Point-in-time
Total stockholders' deficiency	`StockholdersEquity`	$-2.37M	USD	Point-in-time
Total liabilities and stockholders' deficit	`LiabilitiesAndStockholdersEquity`	$702.00	USD	Point-in-time
Total liabilities and stockholders' deficit	`LiabilitiesAndStockholdersEquity`	$321.00	USD	Point-in-time

Income Statement 32 line items

Line Item	Tag	Value	Unit	Period
General and administrative	`GeneralAndAdministrativeExpense`	$8.67K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$9.01K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$25.83K	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$53.57K	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$8.67K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$9.01K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$53.57K	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$25.83K	USD	3 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-25.83K	USD	3 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-53.57K	USD	3 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-8.67K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-9.01K	USD	1 Quarter
Interest expense	`InterestExpense`	$36.79K	USD	3 Qtrs
Interest expense	`InterestExpense`	$12.54K	USD	1 Quarter
Interest expense	`InterestExpense`	$38.00K	USD	3 Qtrs
Interest expense	`InterestExpense`	$12.62K	USD	1 Quarter
Foreign exchange gain	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-38.95K	USD	1 Quarter
Foreign exchange gain	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$86.94K	USD	1 Quarter
Foreign exchange gain	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$12.44K	USD	3 Qtrs
Foreign exchange gain	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$94.18K	USD	3 Qtrs
Net loss and comprehensive loss for the year	`ComprehensiveIncomeNetOfTax`	$65.40K	USD	1 Quarter
Net loss and comprehensive loss for the year	`ComprehensiveIncomeNetOfTax`	$30.34K	USD	3 Qtrs
Net loss and comprehensive loss for the year	`ComprehensiveIncomeNetOfTax`	$-60.23K	USD	1 Quarter
Net loss and comprehensive loss for the year	`ComprehensiveIncomeNetOfTax`	$-77.92K	USD	3 Qtrs
Weighted average shares outstanding (in shares)	`WeightedAverageSharesOutstanding`	885,130.00	shares	1 Quarter
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
Weighted average shares outstanding (in shares)	`WeightedAverageSharesOutstanding`	885,130.00	shares	3 Qtrs
Net loss per common share - basic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.07	USD	1 Quarter
Net loss per common share - basic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.07	USD	1 Quarter
Net loss per common share - basic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.03	USD	3 Qtrs
Net loss per common share - basic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.09	USD	3 Qtrs

Cash Flow Statement 20 line items

Line Item	Tag	Value	Unit	Period
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	`ProfitLoss`	$30.34K	USD	3 Qtrs
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	`ProfitLoss`	$-77.92K	USD	3 Qtrs
Unrealized foreign exchange	`ForeignCurrencyTransactionGainLossUnrealized`	$90.67K	USD	3 Qtrs
Unrealized foreign exchange	`ForeignCurrencyTransactionGainLossUnrealized`	$12.55K	USD	3 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$34.59K	USD	3 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$29.98K	USD	3 Qtrs
Amounts due to related parties	`IncreaseDecreaseInDueToRelatedPartiesCurrent`	$35.49K	USD	3 Qtrs
Amounts due to related parties	`IncreaseDecreaseInDueToRelatedPartiesCurrent`	$1.51K	USD	3 Qtrs
Net cash used in operations	`NetCashProvidedByUsedInOperatingActivities`	$-24.22K	USD	3 Qtrs
Net cash used in operations	`NetCashProvidedByUsedInOperatingActivities`	$-25.00K	USD	3 Qtrs
Proceeds of loans payable stockholders	`ProceedsOfLoansPayableStockholders`	$24.08K	USD	3 Qtrs
Proceeds of loans payable stockholders	`ProceedsOfLoansPayableStockholders`	$24.60K	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$24.60K	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$24.08K	USD	3 Qtrs
Increase (decrease) in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-913.00	USD	3 Qtrs
Increase (decrease) in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$381.00	USD	3 Qtrs
Cash beginning of year	`CashBeginningOfYear`	$1.25K	USD	3 Qtrs
Cash beginning of year	`CashBeginningOfYear`	$321.00	USD	3 Qtrs
Cash end of Year	`CashEndOfYear`	$341.00	USD	3 Qtrs
Cash end of Year	`CashEndOfYear`	$702.00	USD	3 Qtrs

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