10-K Filing

ARVANA INC CIK: 1113313 FY 2016

Filing Information

Form Type	10-K
Accession Number	`0001211524-17-000037`
Period End Date	20161231
Filing Date	20170407
Fiscal Year	2016
Fiscal Period	FY
XBRL Instance	avni-20161231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 31 Income Statement 19 Cash Flow Statement 24 Stockholders Equity 16

Balance Sheet 31 line items

Line Item	Tag	Value	Unit	Period
Cash	`Cash`	$6.04K	USD	Point-in-time
Cash	`Cash`	$53.00	USD	Point-in-time
Total assets	`Assets`	$6.04K	USD	Point-in-time
Total assets	`Assets`	$53.00	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$1.02M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$955.63K	USD	Point-in-time
Convertible loan (Note 8)	`ConvertibleDebtCurrent`	$35.42K	USD	Point-in-time
Loans payable stockholders (Note 3)	`DueToOfficersOrStockholdersCurrent`	$619.67K	USD	Point-in-time
Loans payable stockholders (Note 3)	`DueToOfficersOrStockholdersCurrent`	$564.40K	USD	Point-in-time
Loans payable related party (Note 3)	`LoansPayableRelatedPartyCurrent`	$129.56K	USD	Point-in-time
Loans payable related party (Note 3)	`LoansPayableRelatedPartyCurrent`	$28.94K	USD	Point-in-time
Loans payable (Note 3)	`LoansPayableCurrent`	$147.22K	USD	Point-in-time
Loans payable (Note 3)	`LoansPayableCurrent`	$47.45K	USD	Point-in-time
Amounts due to related parties (Note 3)	`DueToOtherRelatedPartiesClassifiedCurrent`	$525.95K	USD	Point-in-time
Amounts due to related parties (Note 3)	`DueToOtherRelatedPartiesClassifiedCurrent`	$434.33K	USD	Point-in-time
Total current liabilities	`Liabilities`	$2.25M	USD	Point-in-time
Total current liabilities	`Liabilities`	$2.26M	USD	Point-in-time
Common stock, $0.001 par value 5,000,000 authorized, 885,130 shares issued and outstanding at December 31, 2015 and 2014, respectively (Note 4)	`CommonStockValue`	$1.03K	USD	Point-in-time
Common stock, $0.001 par value 5,000,000 authorized, 885,130 shares issued and outstanding at December 31, 2015 and 2014, respectively (Note 4)	`CommonStockValue`	$885.00	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$21.23M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$21.17M	USD	Point-in-time
Deficit	`RetainedEarningsAccumulatedDeficit`	$-23.48M	USD	Point-in-time
Deficit	`RetainedEarningsAccumulatedDeficit`	$-23.41M	USD	Point-in-time
Total Stockholders Deficit Before Treasury Stock	`TotalStockholdersDeficitBeforeTreasuryStock`	$-2.25M	USD	Point-in-time
Total Stockholders Deficit Before Treasury Stock	`TotalStockholdersDeficitBeforeTreasuryStock`	$-2.25M	USD	Point-in-time
Less: Treasury stock - 2,085 at December 31, 2015 and 2014, respectively	`TreasuryStockValue`	$3.34K	USD	Point-in-time
Less: Treasury stock - 2,085 at December 31, 2015 and 2014, respectively	`TreasuryStockValue`	$3.34K	USD	Point-in-time
Total stockholders' deficiency	`StockholdersEquity`	$-2.25M	USD	Point-in-time
Total stockholders' deficiency	`StockholdersEquity`	$-2.25M	USD	Point-in-time
Total liabilities and stockholders' deficit	`LiabilitiesAndStockholdersEquity`	$53.00	USD	Point-in-time
Total liabilities and stockholders' deficit	`LiabilitiesAndStockholdersEquity`	$6.04K	USD	Point-in-time

Income Statement 19 line items

Line Item	Tag	Value	Unit	Period
General and administrative	`GeneralAndAdministrativeExpense`	$15.44K	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$11.89K	USD	Annual
Fees and Commissions	`FeesAndCommissions`	$24.55K	USD	Annual
Fees and Commissions	`FeesAndCommissions`	$24.56K	USD	Annual
Total operating expenses	`OperatingExpenses`	$36.44K	USD	Annual
Total operating expenses	`OperatingExpenses`	$40.00K	USD	Annual
Loss from operations	`OperatingIncomeLoss`	$-40.00K	USD	Annual
Loss from operations	`OperatingIncomeLoss`	$-36.44K	USD	Annual
Interest expense	`InterestExpense`	$48.09K	USD	Annual
Interest expense	`InterestExpense`	$56.95K	USD	Annual
Foreign exchange gain	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$177.18K	USD	Annual
Foreign exchange gain	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-5.79K	USD	Annual
Gain on Settlement of debt	`TradingActivityGain`	$40.20K	USD	Annual
Net Income (Loss) Attributable to Parent	`NetIncomeLoss`	$92.65K	USD	Annual
Net Income (Loss) Attributable to Parent	`NetIncomeLoss`	$-62.53K	USD	Annual
Weighted average shares outstanding (in shares)	`WeightedAverageSharesOutstanding`	912,794.00	shares	Annual
Weighted average shares outstanding (in shares)	`WeightedAverageSharesOutstanding`	885,130.00	shares	Annual
Net loss per common share - basic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.10	USD	Annual
Net loss per common share - basic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.07	USD	Annual

Cash Flow Statement 24 line items

Line Item	Tag	Value	Unit	Period
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	`ProfitLoss`	$-62.53K	USD	Annual
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	`ProfitLoss`	$92.65K	USD	Annual
Unrealized foreign exchange	`ForeignCurrencyTransactionGainLossUnrealized`	$-6.90K	USD	Annual
Unrealized foreign exchange	`ForeignCurrencyTransactionGainLossUnrealized`	$178.10K	USD	Annual
Gains (Losses) on Extinguishment of Debt	`GainsLossesOnExtinguishmentOfDebt`	$-40.20K	USD	Annual
Amortization	`AdjustmentForAmortization`	$10.42K	USD	Annual
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$71.89K	USD	Annual
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$34.59K	USD	Annual
Amounts due to related parties	`IncreaseDecreaseInDueToRelatedPartiesCurrent`	$1.74K	USD	Annual
Amounts due to related parties	`IncreaseDecreaseInDueToRelatedPartiesCurrent`	$6.82K	USD	Annual
Net cash used in operations	`NetCashProvidedByUsedInOperatingActivities`	$-11.82K	USD	Annual
Net cash used in operations	`NetCashProvidedByUsedInOperatingActivities`	$-44.01K	USD	Annual
Proceeds of loans payable stockholders	`ProceedsOfLoansPayableStockholders`	$10.00K	USD	Annual
Proceeds of convertible loans payable related parties	`ProceedsFromRelatedPartyDebt`	$50.00K	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$50.00K	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$10.00K	USD	Annual
Increase (decrease) in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$5.99K	USD	Annual
Increase (decrease) in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-1.82K	USD	Annual
Cash beginning of year	`CashBeginningOfYear`	$1.88K	USD	Annual
Cash beginning of year	`CashBeginningOfYear`	$53.00	USD	Annual
Cash end of Year	`CashEndOfYear`	$6.04K	USD	Annual
Cash end of Year	`CashEndOfYear`	$53.00	USD	Annual
Proceeds from Issuance of Shares under Incentive and Share-based Compensation Plans, Including Stock Options	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$34.25K	USD	Annual
Gain (Loss) on Discount on convertible notes	`GainLossOnInvestments`	$25.00K	USD	Annual

Stockholders Equity 16 line items

Line Item	Tag	Value	Unit	Period
Stockholders' Equity, before treasury stock	`StockholdersEquityBeforeTreasuryStock`	$2.25M	USD	Point-in-time
Stockholders' Equity, before treasury stock	`StockholdersEquityBeforeTreasuryStock`	$-2.34M	USD	Point-in-time
Stockholders' Equity, before treasury stock	`StockholdersEquityBeforeTreasuryStock`	$-2.25M	USD	Point-in-time
Shares, Outstanding	`SharesOutstanding`	883,045.00	shares	Point-in-time
Shares, Outstanding	`SharesOutstanding`	1.03M	shares	Point-in-time
Shares, Outstanding	`SharesOutstanding`	883,045.00	shares	Point-in-time
Stock Repurchased and Retired During Period, Value	`StockRepurchasedAndRetiredDuringPeriodValue`	$25.00K	USD	Annual
Net Income (Loss), per basic and diluted share	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	$92.65K	USD	Annual
Net Income (Loss), per basic and diluted share	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	$92.65K	USD	Annual
Net Income (Loss), per basic and diluted share	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	$-62.53K	USD	Annual
Stockholders' Equity, before treasury stock	`StockholdersEquityBeforeTreasuryStock`	$2.25M	USD	Point-in-time
Stockholders' Equity, before treasury stock	`StockholdersEquityBeforeTreasuryStock`	$-2.34M	USD	Point-in-time
Stockholders' Equity, before treasury stock	`StockholdersEquityBeforeTreasuryStock`	$-2.25M	USD	Point-in-time
Shares, Outstanding	`SharesOutstanding`	883,045.00	shares	Point-in-time
Shares, Outstanding	`SharesOutstanding`	1.03M	shares	Point-in-time
Shares, Outstanding	`SharesOutstanding`	883,045.00	shares	Point-in-time

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