Rivulet Entertainment (RIVF) 10-K/A11 Sep 242022 FY Annual report (amended)Financial data

Company Profile

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
Document and Entity Information - USD ($)	Dec. 31, 2022	Mar. 17, 2023	Jun. 30, 2022
Details
Registrant CIK	0001342936
Document Type	10-K/A
Document Annual Report	true
Document Period End Date	Dec. 31, 2022
Current Fiscal Year End Date	--12-31
Document Transition Report	false
Securities Act File Number	000-52390
Entity Registrant Name	Rivulet Entertainment, Inc.
Entity Incorporation, State or Country Code	NV
Entity Tax Identification Number	98-0511932
Entity Address, Address Line One	7659 E. Wood Drive
Entity Address, City or Town	Scottsdale
Entity Address, State or Province	AZ
Entity Address, Postal Zip Code	85260
City Area Code	480
Local Phone Number	704-4183
Title of 12(b) Security	Common Stock par value $0.001 per share
Trading Symbol	AVOI
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	true
Entity Ex Transition Period	false
ICFR Auditor Attestation Flag	false
Document Financial Statement Error Correction	false
Entity Shell Company	false
Entity Public Float			$ 567,332
Entity Common Stock, Shares Outstanding		547,500,000
Amendment Description	The purpose of this Amendment is to correct the cover page to indicate that the registrant is not a shell company.
Amendment Flag	true
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	FY
Auditor Name	BF Borgers CPA PC
Auditor Firm ID	5041
Auditor Location	Lakewood, CO

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($)	Dec. 31, 2022	Dec. 31, 2021
Current Assets
Cash and cash equivalents	$ 138	$ 12,148
Total Current Assets	138	12,148
Non-Current Assets
Patent, net	0	0
Total Non-Current Assets	0	0
Total Assets	138	12,148
Current Liabilities
Accounts payable	101,778	101,182
Payroll	162,380	162,380
Note Payable AIP	19,935	19,935
Advance Related Party	44,188	14,700
Accrued Interest	15,450	13,955
Total Current Liabilities	343,731	312,152
Total Liabilities and Stockholders' Deficit	138	12,148
Total Liabilities	343,731	312,152
Stockholders' Deficit
Common Stock, Value, Issued	284,920	284,587
Escrow Shares	262,580	0
Additional paid-in capital	7,740,920	7,998,833
Accumulated Deficit	(8,632,013)	(8,583,424)
Total Stockholders' Deficit	$ (343,593)	$ (300,004)

Consolidated Balance Sheets - P

Consolidated Balance Sheets - Parenthetical - $ / shares	Dec. 31, 2022		Dec. 31, 2021
Consolidated Balance Sheets
Common Stock, Par or Stated Value Per Share	$ 0.001		$ 0.001
Common Stock, Shares Authorized	547,500,000		547,500,000
Common Stock, Shares, Issued	547,500,000	[1]	284,586,935	[2]
Common Stock, Shares, Outstanding	547,500,000	[1]	284,586,935	[2]

[1]547,500,000 shares of the Company’s Common stock are issued and outstanding in 2022. It is comprised of 284,920,269 paid shares and 262,579,731 shares of the Company’s Common stock in Escrow.[2]284,586,935 shares of the Company’s Common stock was issued and outstanding in 2021.

Consolidated Statement of Opera

Consolidated Statement of Operations - USD ($)	12 Months Ended
Consolidated Statement of Operations - USD ($)	Dec. 31, 2022	Dec. 31, 2021
Consolidated Statement of Operations
Sales	$ 0	$ 0
Cost of goods sold	0	0
Gross profit	0	0
Operating expenses
Compensation	3,957	3,011
Professional fees	32,288	52,765
Office	8,687	23,288
Travel	0	0
Other	1,703	2,053
Total operating expenses	46,635	81,117
Loss from operations	(46,635)	(81,117)
Other income and (expense)
Interest expense	(1,954)	(2,264)
Net other expense	(1,954)	(2,264)
Loss before income taxes	(48,589)	(83,381)
Provision for income taxes	0	0
Net Profit/ Loss	$ (48,589)	$ (83,381)
Basic and diluted loss per common share	$ 0	$ 0
Weighted average number of common shares	287,054,714	281,537,072

Consolidated Statement of Share

Consolidated Statement of Shareholder's Deficit - USD ($)	Common Stock	Additional Paid-in Capital	Retained Earnings	Total
Equity Balance, Starting at Dec. 31, 2020	$ 280,387	$ 7,957,033	$ (8,500,043)	$ (262,623)
Shares Outstanding, Starting at Dec. 31, 2020	280,386,935
Stock Issued During Period, Value, New Issues	$ 4,200	41,800	0	46,000
Stock Issued During Period, Shares, New Issues	4,200,000
Net Income (Loss)	$ 0	0	(83,381)	(83,381)
Shares Outstanding, Ending at Dec. 31, 2021	284,586,935
Equity Balance, Ending at Dec. 31, 2021	$ 284,587	7,998,833	(8,583,424)	(300,004)
Stock Issued During Period, Value, New Issues	$ 333	4,667	0	5,000
Stock Issued During Period, Shares, New Issues	333,334
Shares in Escrow, Value	$ 262,580	(262,580)	0	0
Net Income (Loss)	$ 0	0	(48,589)	(48,589)
Shares Outstanding, Ending at Dec. 31, 2022	547,500,000
Equity Balance, Ending at Dec. 31, 2022	$ 547,500	$ 7,740,920	$ (8,632,013)	$ (343,593)
Shares in Escrow, Shares	262,579,731

Statements of Cash Flows

Statements of Cash Flows - USD ($)	12 Months Ended
Statements of Cash Flows - USD ($)	Dec. 31, 2022	Dec. 31, 2021
Cash Flows from Operating Activities
Net loss	$ (48,589)	$ (83,381)
Adjustments to reconcile net loss to net cash used in operating activities
Amortization and depreciation	0	13,984
Changes in operating liabilities
Accounts payable and accrued liabilities	2,090	25,030
Net cash used in operating activities	(46,499)	(44,367)
Cash Flows from Investing Activities
Payments for deferred costs	0	0
Net cash used in investing activities	0	0
Cash Flows from Financing Activities
Proceeds from sale of common stock	5,000	46,000
Note payable related party	0	0
Advance from related party	29,489	10,167
Payments on notes payable	0	0
Net cash provided by financing activities	34,489	56,167
Net change in cash	(12,010)	11,800
Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Beginning Balance	12,148	348
Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Ending Balance	138	12,148
Supplemental Disclosure of Cash Flow Information
Account payable converted to note payable	0	0
Interest	1,495	1,994
Income taxes	$ 0	$ 0

Note 1. Nature of Operations

Note 1. Nature of Operations	12 Months Ended
Note 1. Nature of Operations	Dec. 31, 2022
Notes
Note 1. Nature of Operations	Note 1. Nature of Operations Company Overview The operations of Advanced Voice Recognition Systems, Inc. (“AVRS” or the “Company”), http://www.avrsys.com, commenced in 1994 with a predecessor entity called NCC, Inc. NCC, Inc. was incorporated on March 15, 1994 in the State of Ohio. NCC, Inc. operated as a software and hardware development company that marketed voice recognition and transcription products for commercial applications. In May 2000, WG Investments, LLC acquired the assets of NCC, Inc. and subsequently changed its name to NCC, LLC. NCC, LLC (also a predecessor to AVRS) continued the operations of NCC, Inc. until approximately December 31, 2001, when shifts in the industry’s markets caused NCC, LLC to suspend its operations. AVRS was incorporated in the State of Colorado on July 7, 2005. In September 2005, the members of NCC, LLC transferred all of their membership interests in NCC, LLC to AVRS in exchange for 93,333,333 shares (post-recapitalization) of AVRS common stock. In December 2005, the Board of Directors approved a 1.5-to-1 stock split issuing 46,666,667 common shares (post-recapitalization), which increased the number of common shares outstanding to 140 million shares (post-capitalization). Following the incorporation of AVRS, the Company initiated a new business plan and intends to continue its operations in the voice recognition and transcription industry. AVRS is a software development company specializing in speech recognition technologies. AVRS has successfully obtained patent protection of its proprietary technology (refer to Note 3, Intangible Assets). The Company has currently engaged a firm to investigate and asserting claims relating to certain patents including negotiating licensing agreements and the filing and prosecution of lawsuits. Stock Exchange Agreement On April 28, 2008, the Company entered into a Stock Exchange Agreement (“the Agreement”) with Samoyed Energy Corp., a Nevada corporation (“Samoyed”), which resulted in a reverse acquisition. The Agreement provided for the reorganization of AVRS with Samoyed. In connection with the Agreement, Samoyed acquired all of the issued and outstanding common shares of AVRS in exchange for 140 million shares of Samoyed’s common stock. On May 19, 2008, at the closing of the Agreement, the former shareholders of AVRS owned approximately 85% of the outstanding common stock of Samoyed, resulting in a change in control. For accounting purposes, this acquisition has been treated as a reverse acquisition and recapitalization of AVRS, with Samoyed the legal surviving entity. Since Samoyed had, prior to the recapitalization, minimal assets and limited operations, the recapitalization has been accounted for as the sale of 24,700,008 shares of AVRS common stock for the net liabilities of Samoyed. Therefore, the historical financial information prior to the date of the recapitalization is the financial information of AVRS. Costs of the transaction have been charged to the period in which they are incurred. In connection with the Agreement, a shareholder of Samoyed holding an aggregate of 3.5 million shares of Samoyed’s common stock made payments totaling $565,651 since 2008 in lieu of tendering shares to the Company. The Company received the final payment of $6,000 on February 15, 2012. Stock Purchase Agreements During the year ended December 31, 2022 the Company entered into Stock Purchase Agreements for the private sale to one person or entities of an aggregate of 333,334 shares of the common stock for aggregate proceeds of $5,000 which was paid in full in the period. On December 29, 2022 the Company entered into an Escrow agreement for the purchase of 262,579,731 shares of the Companies Common Stock. The shares remain in Escrow until full payment is made. During the year ended December 31, 2021, the Company entered into Stock Purchase Agreements to five persons for the private sale of an aggregate of 4,200,000 shares of the common stock for aggregate proceeds of $46,000, full payment of which was received in the period. Commitments and Contingencies On April 20, 2015 Advanced Voice Recognition Systems, Inc. (“AVRS”) entered into a Material Letter Agreement with an unrelated third party (Third Party) in which they promise to pay to patent legal counsel funds to continue prosecuting Patents on behalf of AVRS. AVRS promises to pay to the Third Party, or to such other holder of this promissory note (Note) as designate, the principal, together with any additional amounts owed pursuant to the terms set forth in this Note. Interest at 2% was accrued and reported at December 31, 2022. On August 20, 2015, Advanced Voice Recognition Systems, Inc. (“AVRS”) entered into a letter agreement with unrelated third party (Third Party) pursuant to which the Third Party will provide strategic advisory services to AVRS to support the common goal of the acquisition, sale, licensing, prosecution, enforcement, and settlement with respect to AVRS’s intellectual property, including patents held by AVRS. The Third Party has agreed to advance costs recommended by it, including court filing fees, discovery and other litigation costs, and patent prosecution costs, up to an aggregate of $10,000,000. AVRS will be responsible for costs not recommended by the Third Party, as well as travel and ordinary business expenses incurred by AVRS. Except for the advanced costs by the Third Party, AVRS will be responsible for any contingency payments to law firms. Any and all advanced costs will only become liabilities if successful. On June 28, 2017 AVRS and the Third Party agreed to terminate the August 20, 2015 Letter Agreement. AVRS did not incur any material early termination penalties in connection of the early termination of the agreement. On November 1, 2016, Advanced Voice Recognition Systems, Inc. (“ AVRS ”) entered into a Contingent Fee Agreement (the “ Agreement ”) with Legal Representation pursuant to which they will represent AVRS in connection with investigating and asserting claims relating to certain patents, including the negotiation of license agreements and the filing and prosecution of lawsuits, against any potential infringers of rights associated with such patents (the “ Patent Rights ”) Legal representation will handle licensing and litigation activities under the Agreement on a contingent fee basis. The fee will depend upon whether AVRS recovers any sums by way of licensing, settlement, trial or otherwise with respect to the Patent Rights. On June 6, 2017 AVRS and Legal Representation revised the Contingent Fee Agreement as it related to the termination of the August 20, 2015 Letter Agreement which was to provide advisory services, court filing fees, discovery and other litigation costs. The revised Contingent Fee Agreement assumed the responsibility for the costs and expenses in the Terminated August 20, 2015 Letter Agreement and provides for the payment of twenty percent (20%) of all gross Licensing Agreement Proceeds and thirty percent (30%) of all Litigation Proceeds received by AVRS. In addition, if the Litigation Proceeds agreed to or received by AVRS at any time are $100,000 or less then Legal Representative shall receive forty percent (40%) of the Litigation Proceeds. On November 6, 2017 Advanced Voice Recognition Systems, Inc (“AVRS”) received notice that Meyers & Associates, LLC filed Complaint number 2017CV32482 in Arapahoe County District Court on October 30, 2017. The Complaint relates to purported legal fees owed by AVRS. On January 31, 2018 AVRS entered into a Settlement Agreement and Promissory Note with Meyers & Associates, LLC. AVRS promises to pay the principal sum of Fifty-Two Thousand Three Hundred Eighty-Five Dollars and Forty-Six Cents ($52,385.46) as well as accrued interest. AVRS shall pay $1,000 per month on the first day of each month beginning February 1, 2018 and continuing through July 1, 2018 and pay all remaining unpaid principal and accrued interest (12% annual) on August 1, 2018. All payments have been made. On August 1, 2018 AVRS and Meyers & Associates entered into an Agreement to Amend Promissory Note. AVRS shall pay $6,000 on or before August 1, 2018, shall pay $1,500 on the first day of each month beginning September 1, 2018 and continuing through November 1, 2018 and shall pay all remaining unpaid principal and accrued interest on December 1, 2018. All payments have been made. On November 21, 2018 AVRS and Meyers & Associates entered into a Second Agreement to Amend Promissory Note. AVRS shall pay $20,000 on or before November 21, 2018, shall pay $1,500 on the first day of each month beginning January 1, 2019 and continuing through June 1, 2019 and shall pay all remaining principal and interest on July 1, 2019. On June 7, 2019 the Company made the final payment of $11,047. The note is paid in full. A $1,500 gain from early extinguishment of Note Payable was reported as income on June 30, 2019. On June 21, 2018, Advanced Voice Recognition Systems, Inc. (“ AVRS Agreement the Firm On September 24, 2018, Advanced Voice Recognition Systems, Inc., a Nevada corporation (“AVRS”, “we” or “us”), entered into Promissory Note with Walter Geldenhuys, who is our President, Chief Executive Officer and Chief Financial Officer, and who serves as a member of our Board of Directors. The Promissory Note is effective as of September 24, 2018 in the principal amount of $9,000 with a maturity date of the Promissory Note September 24, 2019. Interest at 4% per annum was charged and accrued at December 31, 2018. The Company repaid $2500 of the note on December 10, 2018. Interest at 4% per annum was charged and accrued at December 31, 2019. During 2019 the Company repaid $6,500, paying the note in full on December 27, 2019.

Note 2. Significant Accounting

Note 2. Significant Accounting Policies	12 Months Ended
Note 2. Significant Accounting Policies	Dec. 31, 2022
Notes
Note 2. Significant Accounting Policies	Note 2. Significant Accounting Policies Going Concern The accompanying financial statements have been prepared on a going concern basis, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business. Liabilities exceed assets and there is a capital deficiency of $37,349 and no significant revenues. The Company may be unable to continue as a going concern for a reasonable period of time. The financial statements do not include any adjustments relating to the recoverability and classification of assets and liabilities that might be necessary should the Company be unable to continue as a going concern. The Company’s continuation as a going concern is dependent upon its ability to generate sufficient cash flow to meet its obligations on a timely basis and ultimately to attain profitability. During the twelve months ended December 31, 2022 the Company received an aggregate of $5,000 from the sale of shares in private offerings of its common stock. During the twelve months ended December 31, 2021 the Company received an aggregate of $46,000 from the sale of shares in private offerings of its common stock. The Company’s current operations are related to patent monetization and filing of additional patents. The Company has entered into a letter agreement with Dominion Harbor Group, LLC to provide strategic advisory services to AVRS. Dominion has agreed to advanced costs up to an aggregate of $10,000,000. On June 28, 2017 the Company and Dominion agreed to terminate the August 20, 2015 Letter Agreement. The Company did not incur any material early termination penalties. In addition, the Company has revised the Contingent Fee Agreement with Buether Joe & Carpenter, LLC which will represent AVRS in connection with investigating and asserting claims to the AVRS patents including licensing and litigation activities. Any and all advanced costs will only become liabilities if successful. On June 6, 2017 AVRS and BJC revised the Contingent Fee Agreement as it related to the termination of the August 20, 2015 Dominion Harbor Letter Agreement. There is no guarantee that AVRS will be able to provide the capital required for the Company to continue as a going concern. Use of Estimates The preparation of financial statements in accordance with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Cash and Cash Equivalents The Company considers all highly liquid debt instruments with original maturities of three months or less when acquired to be cash equivalents. The Company had cash at December 31, 2022 of $138 and $12,148 at December 31, 2021. No amounts resulted from cash equivalents.

Note 3. Intangible Assets

Note 3. Intangible Assets	12 Months Ended
Note 3. Intangible Assets	Dec. 31, 2022
Notes
Note 3. Intangible Assets	Note 3. Intangible Assets Intangible Assets The Company monitors the anticipated outcome of legal actions, and if it determines that the success of the defense of a patent is probable, and so long as the Company believes that the future economic benefit of the patent will be increased, the Company capitalizes external legal costs incurred in the defense of the patent. Upon successful defense of litigation, the amounts previously capitalized are amortized over the remaining life of the patent. On July 7, 2009, U.S. Patent # 7,558,730, entitled “Speech Recognition and Transcription Among Users Having Heterogeneous Protocols,” was issued by the U.S. Patent and Trademark Office. In accordance with 35 U.S.C. 154, the patent shall be for a term beginning on July 7, 2009 and ending 20 years from the application date of November 27, 2001, or November 27, 2021. The deferred fees were capitalized during the quarter ended September 30, 2009 and the Company began amortization. The patent was fully amortized in the fourth quarter 2021. On May 24, 2011, U.S. Patent #7,949,534, entitled “Speech Recognition and Transcription Among Users Having Heterogeneous Protocols,” was issued by the U.S. Patent and Trademark Office. In accordance with 35 U.S.C. 154, the patent shall be for a term beginning May 24, 2011 and ending 20 years from the application date of the parent application (U.S. Patent #7,558,730) of November 27, 2001, or November 27, 2021. The deferred fees were capitalized during the quarter ended June 30, 2011 and the Company began amortization. The patent was fully amortized in the fourth quarter 2021. On March 6, 2012, U.S. Patent #8,131,557, entitled “Speech Recognition and Transcription Among Users Having Heterogeneous Protocols,” was issued by the U.S. Patent and Trademark Office. In accordance with 35 U.S.C. 154, the patent shall be for a term beginning March 6, 2012 and ending 20 years from the application date of the parent application (U.S. Patent #7,558,730) of November 27, 2001, or November 27, 2021. The deferred fees were capitalized during the quarter ended March 31, 2012 and the Company began amortization. The patent was fully amortized in the fourth quarter 2021. On July 30, 2013, U.S. Patent #8,498,871, entitled “Dynamic Speech Recognition and Transcription Among Users Having Heterogeneous Protocols,” was issued by the U.S. Patent and Trademark Office. In accordance with 35 U.S.C. 154, the patent shall be for a term beginning on July 30, 2013 and ending 20 years from the application date of November 27, 2001, or November 27, 2021. The deferred fees were capitalized during the quarter ended September 30, 2013 and the Company began amortization. The patent was fully amortized in the fourth quarter 2021. On June 27, 2013, the Company filed two additional continuation applications 13/928/381 and 13/928,383 with the U.S. Patent and Trademark Office entitled “Speech Recognition and Transcription Among Users Having Heterogeneous Protocols.” On August 31, 2015, Application 13/928,381 was abandoned by the Company. Deferred costs were charged to operations the quarter ended September 30, 2015. The patent was fully amortized in the fourth quarter 2021. On September 22, 2015, U.S. Patent #9,142,217, entitled “Speech Recognition and Transcription Among Users Having Heterogeneous Protocols,” was issued by the U.S. Patent and Trademark Office. In accordance with 35 U.S.C. 154, the patent shall be for a term beginning September 22, 2015 and ending 20 years from the application date of the parent application (US Patent No. 7,558,730) of November 27, 2001, or November 27, 2021. The deferred fees were capitalized during the quarter ended September 30, 2015 and the Company began amortization. The patent was fully amortized in the fourth quarter 2021. On April 3, 2018, U.S. Patent #9,934,786, entitled “Speech Recognition and Transcription Among Users Having Heterogeneous Protocols,” was issued by the U.S. Patent and Trademark Office. In accordance with 35 U.S.C. 154, the patent shall be for a term beginning April 3, 2018 and ending 20 years from the application date of the parent application (U.S. Patent #7,558,730) of November 27, 2001 or November 27, 2021. The deferred costs were capitalized during the quarter ended June 30, 2018 and the Company began amortization. The patent was fully amortized in the fourth quarter 2021. Amortization at December 31, 2022 is as follows: SCHEDULE OF INTANGIBLE ASSETS Ended December 31, 2022 U.S. Patent # Carrying Value Amortization Balance 7,558,730 58,277 58,277 - 7,949,534 3,365 3,365 - 8,131,557 5,092 5,092 - 8,498,871 21,114 21,114 - 9,142,217 35,068 35,068 - 9,934,786 4,575 4,575 - $ 127,491 $ 127,491 $ - Amortization at December 31, 2021 is as follows: Ended December 31, 2021 U.S. Patent # Carrying Value Amortization Balance 7,558,730 $ 58,277 58,277 - 7,949,534 3,365 3,365 - 8,131,557 5,092 5,092 - 8,498,871 21,114 21,114 - 9,142,217 35,068 35,068 - 9,934,786 4,575 4,575 - $ 127,491 $ 127,491 $ - Amortization expense totaled $-0- and $13,984 for the years ended December 31, 2022 and 2021.

Note 4. Related Party Transacti

Note 4. Related Party Transactions	12 Months Ended
Note 4. Related Party Transactions	Dec. 31, 2022
Notes
Note 4. Related Party Transactions	Note 4. Related Party Transactions Related Parties Transactions and Indebtedness During the years from 2000 through 2013, certain officers advanced the Company working capital to maintain the Company’s operations. The Company owed the officers $44,188 and $14,700 at December 31, 2022 and 2021 respectively. The Company also owed the officers aggregate of $162,380 at December 31, 2022 and December 31, 2021 for accrued payroll. During the period of year ending December 31, 2022, and December 31, 2021 the Company paid gross payroll of $3,957 and $3,011 to the CEO and for payroll expenses. During the year ending December 31, 2022, AVRS completed one Stock Purchase Agreements totaling 5,000 shares of AVRS stock. Shares totaling 333,334 were paid in the period ending December 31, 2022, for a total amount of $5,000. At period ending December 31, 2022 one shareholder owned 8.88% of the issued and outstanding stock.

Note 5. Income Taxes

Note 5. Income Taxes	12 Months Ended
Note 5. Income Taxes	Dec. 31, 2022
Notes
Note 5. Income Taxes	Note 5. Income Taxes A reconciliation of the U.S. statutory federal income tax rate to the effective rate is as follows. INCOME TAXES December 31, 2022 December 31, 2021 U.S. federal statutory graduated rate 21.00 % 21.00 % State income tax rate, net of federal benefit 0.00 % 0.00 % Contributed services 00.00 % 00.00 % Costs capitalized under Section 195 -21.00 % -21.00 % Effective rate 0.00 % 0.00 % The Company is considered a start-up company for income tax purposes. As of December 31, 2022, the Company had not commenced its trade operations, so all costs were capitalized under Section 195. Accordingly, the Company had no net operating loss carry forwards at December 31, 2022.

Note 6. Concentration of Risk

Note 6. Concentration of Risk	12 Months Ended
Note 6. Concentration of Risk	Dec. 31, 2022
Notes
Note 6. Concentration of Risk	Note 6. Concentration of Risk Beginning March 31, 2010, through December 31, 2022, all noninterest-bearing transaction accounts are fully insured, regardless of the balance of $250,000, at all FDIC-insured institutions. On December 31, 2022, the Company had cash balances at one FDIC insured financial institution of $138 in non-interest-bearing accounts that were fully insured by the FDIC.

Note 7. Note Payable & Accounts

Note 7. Note Payable & Accounts Payable	12 Months Ended
Note 7. Note Payable & Accounts Payable	Dec. 31, 2022
Notes
Note 7. Note Payable & Accounts Payable	Note 7 Note Payable & Accounts Payable On April 20, 2015 Advanced Voice Recognition Systems, Inc. (AVRS) entered into a Material Letter Agreement with an unrelated third party (Third Party) in which they promise to pay to patent legal counsel funds to continue prosecuting Patents on behalf of AVRS. AVRS promises to pay to the Third Party, or to such other holder of this promissory note (Note) as designate, the principal, together with any additional amounts owed pursuant to the terms set forth in this Note. Interest at 2% was accrued and reported at December 31, 2022. On January 31, 2018 AVRS entered into a Settlement Agreement and Promissory Note with Meyers & Associates, LLC. AVRS promises to pay the principal sum of Fifty-Two Thousand Three Hundred Eighty-Five Dollars and Forty-Six Cents ($52,385.46) as well as accrued interest. AVRS shall pay $1,000 per month on the first day of each month beginning February 1, 2018 and continuing through July 1, 2018 and pay all remaining unpaid principal and accrued interest (12% annual) on August 1, 2018. All payments have been paid. On August 1, 2018 AVRS and Meyers & Associates entered into an Agreement to Amend Promissory Note. AVRS shall pay $6,000 on or before August 1, 2018, shall pay $1,500 on the first day of each month beginning September 1, 2018 and continuing through November 1, 2018 and shall pay all remaining unpaid principal and accrued interest on December 1, 2018. All payments have been made. On November 21, 2018 AVRS and Meyers & Associates entered into a Second Agreement to Amend Promissory Note. AVRS shall pay $20,000 on or before November 21, 2018, shall pay $1,500 on the first day of each month beginning January 1, 2019 and continuing through June 1, 2019 and shall pay all remaining principal and interest on July 1, 2019. On June 7, 2019 the Company made the final payment of $11,047. The note is paid in full. A $1,500 gain from early extinguishment of Note Payable was reported as income on June 30, 2019. On September 24, 2018, Advanced Voice Recognition Systems, Inc., a Nevada corporation (“AVRS”, “we” or “us”), entered into Promissory Note with Walter Geldenhuys, who is our President, Chief Executive Officer and Chief Financial Officer, and who serves as a member of our Board of Directors. The Promissory Note is effective as of September 24, 2018 in the principal amount of $9,000 with a maturity date of the Promissory Note September 24, 2019. Interest at 4% per annum was charged and accrued at December 31, 2018. The Company repaid $2,500 of the note on December 10, 2018. During 2019 the Company repaid $6,500, paying the note in full on December 27, 2019. Interest at 4% per annum was charged and accrued at December 31, 2019.

Note 8. Stockholder Equity _ (D

Note 8. Stockholder Equity / (Deficit)	12 Months Ended
Note 8. Stockholder Equity / (Deficit)	Dec. 31, 2022
Notes
Note 8. Stockholder Equity / (Deficit)	Note 8. Stockholder Equity / (Deficit) The Company has issued shares of its common stock pursuant to certain agreements as described in Note 1.

Note 9. Subsequent Events

Note 9. Subsequent Events	12 Months Ended
Note 9. Subsequent Events	Dec. 31, 2022
Notes
Note 9. Subsequent Events	Note 9 . Subsequent Events Our Secretary / Treasurer, Diana Jakowchuk continues to advance the Company funds. As of March 15, 2023, Ms. Jakowchuk has advanced a total of $38,358 and President and CEO, Walter Geldenhuys advanced a total of $6,000.

Note 2. Significant Accountin_2

Note 2. Significant Accounting Policies: Going Concern (Policies)	12 Months Ended
	Dec. 31, 2022
Policies
Going Concern	Going Concern The accompanying financial statements have been prepared on a going concern basis, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business. Liabilities exceed assets and there is a capital deficiency of $37,349 and no significant revenues. The Company may be unable to continue as a going concern for a reasonable period of time. The financial statements do not include any adjustments relating to the recoverability and classification of assets and liabilities that might be necessary should the Company be unable to continue as a going concern. The Company’s continuation as a going concern is dependent upon its ability to generate sufficient cash flow to meet its obligations on a timely basis and ultimately to attain profitability. During the twelve months ended December 31, 2022 the Company received an aggregate of $5,000 from the sale of shares in private offerings of its common stock. During the twelve months ended December 31, 2021 the Company received an aggregate of $46,000 from the sale of shares in private offerings of its common stock. The Company’s current operations are related to patent monetization and filing of additional patents. The Company has entered into a letter agreement with Dominion Harbor Group, LLC to provide strategic advisory services to AVRS. Dominion has agreed to advanced costs up to an aggregate of $10,000,000. On June 28, 2017 the Company and Dominion agreed to terminate the August 20, 2015 Letter Agreement. The Company did not incur any material early termination penalties. In addition, the Company has revised the Contingent Fee Agreement with Buether Joe & Carpenter, LLC which will represent AVRS in connection with investigating and asserting claims to the AVRS patents including licensing and litigation activities. Any and all advanced costs will only become liabilities if successful. On June 6, 2017 AVRS and BJC revised the Contingent Fee Agreement as it related to the termination of the August 20, 2015 Dominion Harbor Letter Agreement. There is no guarantee that AVRS will be able to provide the capital required for the Company to continue as a going concern.

Note 2. Significant Accountin_3

Note 2. Significant Accounting Policies: Use of Estimates (Policies)	12 Months Ended
	Dec. 31, 2022
Policies
Use of Estimates	Use of Estimates The preparation of financial statements in accordance with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.

Note 2. Significant Accountin_4

Note 2. Significant Accounting Policies: Cash and Cash Equivalents (Policies)	12 Months Ended
	Dec. 31, 2022
Policies
Cash and Cash Equivalents	Cash and Cash Equivalents The Company considers all highly liquid debt instruments with original maturities of three months or less when acquired to be cash equivalents. The Company had cash at December 31, 2022 of $138 and $12,148 at December 31, 2021. No amounts resulted from cash equivalents.

Note 3. Intangible Assets_ Sche

Note 3. Intangible Assets: Schedule of Amortization of Intangible Assets (Tables)	12 Months Ended
	Dec. 31, 2022
Tables/Schedules
Schedule of Amortization of Intangible Assets	SCHEDULE OF INTANGIBLE ASSETS Ended December 31, 2022 U.S. Patent # Carrying Value Amortization Balance 7,558,730 58,277 58,277 - 7,949,534 3,365 3,365 - 8,131,557 5,092 5,092 - 8,498,871 21,114 21,114 - 9,142,217 35,068 35,068 - 9,934,786 4,575 4,575 - $ 127,491 $ 127,491 $ - Amortization at December 31, 2021 is as follows: Ended December 31, 2021 U.S. Patent # Carrying Value Amortization Balance 7,558,730 $ 58,277 58,277 - 7,949,534 3,365 3,365 - 8,131,557 5,092 5,092 - 8,498,871 21,114 21,114 - 9,142,217 35,068 35,068 - 9,934,786 4,575 4,575 - $ 127,491 $ 127,491 $ -

Note 5. Income Taxes_ Income Ta

Note 5. Income Taxes: Income Taxes (Tables)	12 Months Ended
Note 5. Income Taxes: Income Taxes (Tables)	Dec. 31, 2022
Tables/Schedules
Income Taxes	INCOME TAXES December 31, 2022 December 31, 2021 U.S. federal statutory graduated rate 21.00 % 21.00 % State income tax rate, net of federal benefit 0.00 % 0.00 % Contributed services 00.00 % 00.00 % Costs capitalized under Section 195 -21.00 % -21.00 % Effective rate 0.00 % 0.00 %

Note 2. Significant Accountin_5

Note 2. Significant Accounting Policies: Going Concern (Details) - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Details
Members' Equity	$ (37,349)
Sales	0	$ 0
Proceeds from sale of common stock	$ 5,000	$ 46,000

Note 2. Significant Accountin_6

Note 2. Significant Accounting Policies: Cash and Cash Equivalents (Details) - USD ($)	Dec. 31, 2022	Dec. 31, 2021
Details
Cash and cash equivalents	$ 138	$ 12,148

Note 3. Intangible Assets_ Sc_2

Note 3. Intangible Assets: Schedule of Amortization of Intangible Assets (Details) - USD ($)	Dec. 31, 2022	Dec. 31, 2021
U.S. Patent # 7,558,730
Carrying Value	$ 58,277	$ 58,277
Amortization	58,277	58,277
Patent, net	0	0
U.S. Patent # 7,949,534
Carrying Value	3,365	3,365
Amortization	3,365	3,365
Patent, net	0	0
U.S. Patent # 8,131,557
Carrying Value	5,092	5,092
Amortization	5,092	5,092
Patent, net	0	0
U.S. Patent # 8,498,871
Carrying Value	21,114	21,114
Amortization	21,114	21,114
Patent, net	0	0
U.S. Patent # 9,142,217
Carrying Value	35,068	35,068
Amortization	35,068	35,068
Patent, net	0	0
U.S. Patent # 9,934,786
Carrying Value	4,575	4,575
Amortization	4,575	4,575
Patent, net	$ 0	$ 0

Note 3. Intangible Assets (Deta

Note 3. Intangible Assets (Details) - USD ($)	12 Months Ended
Note 3. Intangible Assets (Details) - USD ($)	Dec. 31, 2022	Dec. 31, 2021
Details
Amortization of Intangible Assets	$ 0	$ 13,984

Note 4. Related Party Transac_2

Note 4. Related Party Transactions (Details) - USD ($)	12 Months Ended
Note 4. Related Party Transactions (Details) - USD ($)	Dec. 31, 2022	Dec. 31, 2021
Details
Notes Payable, Current	$ 44,188	$ 14,700
Payroll	162,380	162,380
Compensation	3,957	3,011
Proceeds from sale of common stock	$ 5,000	$ 46,000

Note 5. Income Taxes_ Income _2

Note 5. Income Taxes: Income Taxes (Details)	12 Months Ended
Note 5. Income Taxes: Income Taxes (Details)	Dec. 31, 2022	Dec. 31, 2021
Details
U.S. federal statutory graduated rate	21%	21%
State income tax rate, net of federal benefit	0%	0%
Contributed services	0%	0%
Costs capitalized under Section 195	(21.00%)	(21.00%)
Effective rate	0%	0%

Note 7. Note Payable & Accoun_2

Note 7. Note Payable & Accounts Payable (Details)	12 Months Ended
Note 7. Note Payable & Accounts Payable (Details)	Dec. 31, 2022 USD ($)
Note Payable #1
Debt Instrument, Issuance Date	Apr. 20, 2015
Debt Instrument, Issuer	Advanced Voice Recognition Systems, Inc.
Debt Instrument, Description	Material Letter Agreement with an unrelated third party
Debt Instrument, Interest Rate, Stated Percentage	2%
Note Payable #2
Debt Instrument, Issuance Date	Jan. 31, 2018
Debt Instrument, Issuer	AVRS
Debt Instrument, Description	Settlement Agreement and Promissory Note with Meyers & Associates, LLC
Debt Instrument, Interest Rate, Stated Percentage	12%
Debt Instrument, Face Amount	$ 52,385.46
Note Payable #3
Debt Instrument, Issuance Date	Sep. 24, 2018
Debt Instrument, Issuer	Advanced Voice Recognition Systems, Inc.
Debt Instrument, Description	Promissory Note with Walter Geldenhuys
Debt Instrument, Interest Rate, Stated Percentage	4%
Debt Instrument, Face Amount	$ 9,000

Note 9. Subsequent Events (Deta

Note 9. Subsequent Events (Details) - USD ($)	Mar. 15, 2023	Dec. 31, 2022	Dec. 31, 2021
Advance Related Party		$ 44,188	$ 14,700
Secretary / Treasurer, Diana Jakowchuk
Advance Related Party	$ 38,358
President and CEO, Walter Geldenhuys
Advance Related Party	$ 6,000

Uncategorized Items - avoi-2022

Label	Element	Value
Amortization {1}	us-gaap_FiniteLivedIntangibleAssetsAccumulatedAmortization	$ 127,491
Amortization {1}	us-gaap_FiniteLivedIntangibleAssetsAccumulatedAmortization	127,491
Carrying Value	us-gaap_FiniteLivedIntangibleAssetsGross	127,491
Carrying Value	us-gaap_FiniteLivedIntangibleAssetsGross	$ 127,491