Statement of Beneficial Ownership (sc 13d)
December 11 2020 - 4:10PM
Edgar (US Regulatory)
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
SCHEDULE
13D
Under
the Securities Exchange Act of 1934
(Amendment
No. __)*
ARVANA
INC.
(Name
of Issuer)
Common
Shares
(Title
of Class of Securities)
043279
20 7
(CUSIP
Number)
Altaf
Nazerali
3001-788
Richards Street
Vancouver,
British Columbia
Canada
V6B 0C7
Telephone:
(604) 628-7597
(Name,
Address and Telephone Number of Person Authorized to Receive Notices and Communications)
November
19, 2020
(Date
of Event Which Requires Filing of this Statement)
If
the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this
Schedule 13D, and is filing this schedule because of §240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following
box. ☐
Note:
Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See §240.13d-7
for other parties to whom copies are to be sent.
*The
remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject
class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior
cover page.
The
information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section
18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the Notes).
CUSIP
NO. 043279 20 7
1.
|
NAMES OF REPORTING PERSONS.
|
Altaf Nazerali
|
|
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY).
|
|
2.
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS).
|
|
(a) ☐
|
|
(b) ☐
|
4.
|
SOURCE OF FUNDS (SEE INSTRUCTIONS)
|
PF
|
5.
|
CHECK
IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) ☐
|
6.
|
CITIZENSHIP OR PLACE OF ORGANIZATION.
|
CANADA
|
NUMBER
OF SHARED BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
|
|
|
7.
|
SOLE VOTING POWER
|
2,639,180 (direct and indirect)
|
|
8.
|
SHARED VOTING POWER
|
0
|
|
9.
|
SOLE DISPOSITIVE POWER
|
2,639,180 (direct and indirect)
|
|
10.
|
SHARED DISPOSITIVE POWER
|
0
|
11.
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
|
|
2,639,180 shares of common stock (direct and indirect ownership)
|
|
12.
|
CHECK
IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) ☐
|
13.
|
PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
|
|
|
57%
|
|
14.
|
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
|
IN
|
ITEM 1. SECURITY AND ISSUER
Common
Stock, $0.001 par value, of Arvana Inc., a Nevada corporation with principal executive offices located at 299 South Main Street,
13th Floor, Salt Lake City, Utah 84111
ITEM 2. IDENTITY AND BACKGROUND
(b)
|
|
3001-788
Richards Street, Vancouver, British Columbia V6B 0C7 Canada
|
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION
The
reporting person and one of entities owned by the reporting person entered into debt settlement agreements with the issuer to
extinguish debt while the other entity was compensated for services rendered to the issuer in exchange for an aggregate of 2,605,600
shares of Common Stock.
ITEM 4. PURPOSE OF TRANSACTION
A
general investment held by the reporting question with respect to the shares reported herein.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER
(a) 2,639,180 shares of Common Stock or 57% of the issuer
(b) 2,639,180
(c) The reporting person and two entities owned by the reporting person entered into debt settlement agreements with the issuer to extinguish debt in exchange for an aggregate of 2,605,600 shares of Common Stock
(d) Not applicable
(e) Not applicable
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER
The
reporting person and two entities owned by the reporting person entered into debt settlement agreements with the issuer to extinguish
debt in exchange for an aggregate of 2,605,600 shares of Common Stock.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS
SIGNATURE
After
reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true,
complete and correct.
December
11, 2020
Date
/s/
Altaf Nazerali
Signature
Altaf
Nazerali
Name
Attention:
Intentional misstatements or omissions of fact
constitute
Federal criminal violations (See 18 U.S.C. 1001).
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