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Rivulet Entertainment Inc
7659 E. Wood Drive
Phone: (480) 704-4183p:480 704-4183 SCOTTSDALE, AZ  85260  United States Ticker: AVOI AVOI
On May 30, 2025, the Board of Directors of Rivulet Entertainment, Inc., following consultation with the company’s management and independent registered public accounting firm, Astra Audit & Advisory, LLC, concluded that certain of the company’s previously issued financial statements should no longer be relied upon due to a non-cash error identified in the accounting for the merger equity pre-payment. The misstatement relates solely to the accounting for the approximate $27 million equity pre-payment made to Rivulet Media in anticipation of the pending merger (as of June 30, 2024). Specifically, the company recognized the equity transfer as an “asset purchase deposit” on its Consolidated Balance Sheet instead as an offset to equity. The correction, which will reduce total assets and equity by approximately $27 million (with no impact to the Consolidated Statement of Operations), will be made by restating the financial statements included in the company’s Form 10-KT that was filed with the Securities and Exchange Commission on November 11, 2024.
Business Summary
Rivulet Entertainment Inc. is a production company. The Company is engaged in the production, distribution and marketing of feature-length films, television series and mini-series, and television movies, from initial creative development through principal photography, postproduction, distribution, and ancillary sales, as well as the music production and distribution industry. The Company also provides event-based audio and video design, production, and installation services. Its projects include Law Abiding Citizen 2, Acolyte, Nutcrackers, The Dink, as well as other films and scripts.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
-Yes-----

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
6/30/20246/30/2024YesYes---

Industries
SIC Code Description
1311 Crude petroleum and natural gas
2741 Miscellaneous publishing
7812 Motion picture and video tape production

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
President, Chief Executive Officer, Sole Director WalterGeldenhuys 67 5/8/2023 5/15/2008
Treasurer, Company Secretary DianeJakowchuk 70 5/8/2023 5/1/2008

Business Names
Business Name
Advanced Voice Recognition Systems, Inc.
AVOI
AVOID
RIVF
SAMOYED ENERGY CORP
Samoyed Energy Corp.

General Information
Number of Employees: 2 (As of 6/30/2024)
Outstanding Shares: 80,338,287 (As of 6/30/2024)
Shareholders: 77
Stock Exchange: OTC
Federal Tax Id: 980511932
Fax Number: (480) 626-5378


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Monday, June 9, 2025