Arvana (“OTC:AVNI”) is a public company registered under the Securities & Exchange Act of 1934, as amended (“Exchange Act”) that is quoted on the OTC Pink Sheets. The implementation of Arvana’s business development strategy is intended, in part, to transition the company from its present designation as a “shell company” to that of an operating company in accordance with the Exchange Act.
Company profile
Ticker
AVNI
Exchange
CEO
Ruairidh Campbell
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Former names
TURINCO INC
SEC CIK
Corporate docs
IRS number
870618509
AVNI stock data
Latest filings (excl ownership)
8-K
Entry into a Material Definitive Agreement
3 Feb 23
10-Q
2022 Q3
Quarterly report
21 Nov 22
8-K
Arvana Inc. to Acquire Florida Based Fishing Charter Business
16 Nov 22
NT 10-Q
Notice of late quarterly filing
15 Nov 22
8-K
Unregistered Sales of Equity Securities
18 Oct 22
10-Q
2022 Q2
Quarterly report
22 Aug 22
NT 10-Q
Notice of late quarterly filing
12 Aug 22
10-Q
2022 Q1
Quarterly report
18 May 22
8-K
Changes in Control of Registrant
18 May 22
NT 10-Q
Notice of late quarterly filing
16 May 22
Latest ownership filings
5
SHAWN MICHAEL TEIGEN
23 Jan 23
SC 13D/A
LOVIG BRIAN
5 Jan 23
SC 13D/A
Bondock LLC
5 Jan 23
4/A
Change in insider ownership (amended)
5 Jan 23
4/A
BRIAN LOVIG
5 Jan 23
SC 13D
Bondock LLC
28 Oct 22
SC 13D
LOVIG BRIAN
28 Oct 22
4
Change in insider ownership
28 Oct 22
3/A
Initial statement of insider ownership (amended)
28 Oct 22
4
BRIAN LOVIG
28 Oct 22
Financial summary
| Quarter (USD) | Sep 22 | Jun 22 | Mar 22 | Dec 21 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Dec 21 | Dec 20 | Dec 19 | Dec 18 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 214.01 k | 214.01 k | 214.01 k | 214.01 k | 214.01 k | 214.01 k |
| Cash burn (monthly) | (no burn) | (no burn) | 15.72 k | 8.23 k | 16.92 k | 6.18 k |
| Cash used (since last report) | n/a | n/a | 68.25 k | 35.71 k | 73.45 k | 26.81 k |
| Cash remaining | n/a | n/a | 145.76 k | 178.31 k | 140.56 k | 187.21 k |
| Runway (months of cash) | n/a | n/a | 9.3 | 21.7 | 8.3 | 30.3 |
Institutional ownership, Q3 2022
| 13F holders | Current |
|---|---|
| Total holders | 0 |
| Opened positions | 0 |
| Closed positions | 0 |
| Increased positions | 0 |
| Reduced positions | 0 |
| 13F shares | Current |
|---|---|
| Total value | 0.00 |
| Total shares | 0.00 |
| Total puts | 0.00 |
| Total calls | 0.00 |
| Total put/call ratio | – |
| Largest owners | Shares | Value |
|---|
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 15 Oct 22 | John Francis Baring | Stock Option Common | Grant | Acquire A | No | No | 0.26 | 10,000 | 2.60 k | 50,000 |
| 15 Oct 22 | John Francis Baring | Stock Option Common | Grant | Acquire A | No | No | 0.26 | 10,000 | 2.60 k | 40,000 |
| 15 Oct 22 | John Francis Baring | Stock Option Common | Grant | Acquire A | No | No | 0.26 | 10,000 | 2.60 k | 30,000 |
| 15 Oct 22 | John Francis Baring | Stock Option Common | Grant | Acquire A | No | No | 0.26 | 10,000 | 2.60 k | 20,000 |
| 15 Oct 22 | John Francis Baring | Stock Option Common | Grant | Acquire A | No | No | 0.26 | 10,000 | 2.60 k | 10,000 |
| 15 Oct 22 | Shawn Michael Teigen | Stock Option Common | Grant | Acquire A | No | No | 0.26 | 10,000 | 2.60 k | 50,000 |
| 15 Oct 22 | Shawn Michael Teigen | Stock Option Common | Grant | Acquire A | No | No | 0.26 | 10,000 | 2.60 k | 40,000 |
| 15 Oct 22 | Shawn Michael Teigen | Stock Option Common | Grant | Acquire A | No | No | 0.26 | 10,000 | 2.60 k | 30,000 |
| 15 Oct 22 | Shawn Michael Teigen | Stock Option Common | Grant | Acquire A | No | No | 0.26 | 10,000 | 2.60 k | 20,000 |
| 15 Oct 22 | Shawn Michael Teigen | Stock Option Common | Grant | Acquire A | No | No | 0.26 | 10,000 | 2.60 k | 10,000 |