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Happy New Year!, Hen.
Thanks Hummingbird2…. Happy New Year!
Subcompact EV (ED-National)
Modern and quirky little sedan for everyday use.
https://www.saeanmotors.com/subcompactev
Battery Environment
Management Sensor
A hypersensitive sensor developed with our latest nano-diamond technology
Hydrogen-LPG System
Our own conversion system utilizing hydrogen-LPG hybrid technology
Jet-powered Drone Concept
Multi-purpose passenger drone concept using our patented jet turbines.
Just have to be more patient.
Will see how things unfold going forward...
But still no help for empm bagholders….
Saean Group signs a deal with TD Lease to supply 30-ton electric dump trucks
Dec 14, 2022
This is the first time that a South Korean electric vehicle company has signed an export contract to produce a large 30-ton electric dump truck.
Saean Group has signed a contract with Japan's TD Lease Corp., which rents and sells construction equipment for tunnel excavation in Japan, to supply 30-ton articulated electric dump trucks.
About 10 officials attended the signing ceremony at the Saean R&D Center in Hanam, Gyeonggi Province, including Jung-yong Lee, the chairman of Saean Group, Mikio Yoshimura, the managing director of sales at TD Lease Japan, and Satoshi Grihara, CEO of Saean Japan.
Saean Group explained that the contract has opened the door to entering the large electric dump truck market, and that the industry is paying keen attention to the 30-ton articulated electric dump truck that will be developed and produced by Saean.
The electric dump truck is equipped with a 350kW electric motor and a 250kWh lithium-ion battery, which takes 1 hour for fast charging and 10 hours for slow charging. It can travel up to 80 kilometers on a single charge.
Since it is for construction purposes, it will not be driven or used in general public roads, but will be used to transport soil or aggregates from excavation processes such as tunnels. The speed is designed to be limited to 25 km/h or less according to the law.
Director Yoshimura said, "Even after the development of this electric dump truck is completed, we will expand the lineup of electric equipment necessary for various excavations, including 25-ton electric dump trucks and electric excavators."
Chairman Lee said, "We will jointly develop and produce 30 tons of articulated electric dump trucks with investment of about 3 billion won from Japan's TD Lease Corp, and we will deliver 40 units to TD Lease Corp in two years."
https://www.saeanmotors.com/news/saean-group-signs-a-deal-with-td-lease-to-supply-30-ton-electric-dump-trucks
SAEAN Group signs MOA with EPMB, aims to produce 20,000 EVs in Malaysia
Oct 21, 2022
Saean Group and EPMB Group are launching into the Southeast Asian market by mass-producing 20,000 electric vehicles annually in Malaysia.
Saean Group, a company specializing in electric vehicles, and EPMB Group, a Malaysian investment holding company, are launching into the Southeast Asian market by mass-producing 20,000 electric vehicles annually in Malaysia.
The two companies announced on the 18th that they had signed a Memorandum of Agreement (MOA) based on these details. According to this MoA, SAEAN will provide technology and design know-how to jointly develop electric vehicles with EPMB. Using Saean's 'WID-U' design, A-class SUV is developed and mass-produced by EPMB.
The two sides also agreed to explore expansion programs to capture export opportunities. EPMB is an investment holding company with subsidiaries such as automobiles and chemicals in Malaysia. EPMB plans to establish close collaboration with SAEAN by supporting mass production, supply, and sales in terms of resources and market information required for the development of this electric vehicle.
Hamidon bin Abdullah, Chairman of EPMB, said, "Through this agreement, we will become one of the first domestic electric car manufacturers in Malaysia. We expect that consumers in the market will be able to own electric vehicles with good prices and high quality.”
Lee Jung-yong, Chairman of Saean Group, said, "According to this agreement, Malaysia can more smoothly plan its exports to the United States, Canada, Korea, Japan and Europe." "The strength and network of EPMB in Malaysia is the It will play an important role.”
Meanwhile, Saean Group and EPMB will visit South Korea by EPMB executives in November to coordinate additional details on the size of their investment, manufacturing location, product price and commercial launch schedule.
https://www.saeanmotors.com/news/saean-group-signs-moa-with-epmb%2C-aims-to-produce-20%2C000-evs-in-malaysia
Ok, sounds great. Thank you for all the updates.
Looking forward to more good news soon.
I don't see anything on mergers yet.
Last week there was a change of control filing for SEAN. That suggests they are ready to move forward with business plans, but no indication of what their merger plans are, or share structure/ratio, etc.. - Waiting to see what public filings show up on NVSOS.....
Hearing any updates?
tia.
Dr. Lee, CEO, says, "Nothing is Impossible." I'm taking that as a word of encouragement to us, and I agree with him and how that applies to all endeavors, business deals, regulatory matters, mergers, ideas/insights/creativity/disruptive innovation, etc.. Lk 1:37
Interesting company name revealed on the picture of BEMS module. -That's a big Korean company with global ties.
Looking forward to the Merger news/filings.
Thanks, Bountiful_Harvest.
Thank you, Hummingbird! Nice update! - Assuming we are part of this, as I do believe, Saean could "exceed our expectations", indeed. Some of those recent disruptive technology Patents look really interesting.
Jet-powered drones, air mobility, etc. - I like that. Toyota and Cathie Wood has shown great interest in these sectors, as evidenced by their investment in companies like JOBY$, etc. Saean shouldn't have any problem with attracting big name institutional buyers/investors.
Since your last post, I noticed Saean added BEMS data as well.
It appears Saean Energy now has a new CEO: - Mr. Fattah, who is also CEO of Qatar Consultants. I'm really curious about Saean Energy, and that Giga-factory.
This all looks like prep for a NASDAQ launch. Saean indicated "soon". I'm getting excited.
Let's see where we (EMPM/Saean shareholders) stand in all this - I've got my eye out for Merger news/filings.
Thanks Hummingbird. Perhaps SAEAN opens on the NASDAQ one of these days.
SAEAN R&D Projects Update on https://www.saeanmotors.com/saean?
https://www.saeanmotors.com/ed-s
https://www.saeanmotors.com/wid
https://www.saeanmotors.com/heavymachinery
https://www.saeanmotors.com/subcompactev
https://www.saeanmotors.com/%EB%B3%B5%EC%A0%9C-jet-powered-drone
https://www.saeanmotors.com/%EB%B3%B5%EC%A0%9C-heavy-machinery
Thanks, Bountiful_Harvest.
Another PR on the Korean side today...
Electric vehicle brand Saean develops Malaysia's 'national car'!:
http://m.dailycar.co.kr/content/news.html?type=view&autoId=46106
https://translate.google.com/
Looks like they are updating their website today:
https://www.saeanmotors.com/about
Very Nice find. EPMB is listed on Malaysian Stock Exchange, btw.
https://www.thestar.com.my/business/marketwatch/stocks/?qcounter=EPMB
Hope so. Thank you, Bountiful_Harvest.
Yeah, kinda just keeping fingers crossed. We’ve been here a long time and I always appreciate your insight. Thank you for taking the time to keep us up to date.
That's the million-dollar question, my friend. I really wish I had a clear-cut answer.
Saean "purchased control" of EMPM back in 2019 (per 8k), and still holds >64% majority of it's OS shares (restricted). As you know, they sure spent a lot of time/money "regaining control" last year. Since Saean won the lawsuit and regained that control via Court Order, I haven't seen or heard much of anything else regarding Empire Post. EMPM's officer list was never changed. - It's possible Saean didn't want to change the officer list until it was ready to go public, OR, if they planned to roll EMPM shares into another entity to go public? SEAN's (fka GPSI) officer list has also not been changed over to Saean's people yet. Per OTC Markets, SEAN has 700m AS. - So, it appears they have room to roll both EMPM and Saean Inc. into that.
https://www.otcmarkets.com/stock/SEAN/security
Based on rationale stated above, I "believe" (not know) they will still use EMPM. I don't feel Dr. Lee would leave any SAEAN investors behind - EMPM shareholders are in fact Saean investors. Just have to wait a little longer to see what the final merger results will be to know for sure.
Interesting excerpt from this week's PR:
Under its expansion plan, a sports EV model will begin limited production next year for the United States (US) market. The company is also en route to a listing on Nasdaq soon.
But, are we along for this ride, or are we on the outside looking in? I’m afraid we’ll be left out in the cold.
Thanks for continuing the conversation stream on this one BH...have been invested in this one for a long time at various price points...and followed the board closely, although most quietly. Would love to see my 50,000 shares arise from the dead...
Saean Group Inc. partners w/ EP Manufacturing to develop EVs, etc:
https://www.thestar.com.my/business/business-news/2022/10/17/ep-manufacturing-partners-saean-to-develop-evs
https://www.theedgemarkets.com/article/ep-manufacturing-make-fourwheel-evs-usbased-saean-targets-20000-units-annually
https://paultan.org/2022/10/18/epmb-signs-mou-with-saean-group-to-develop-manufacture-malaysias-affordable-a-segment-ev/
https://www.nst.com.my/business/2022/10/841394/epmb-saean-group-jointly-manufacture-evs-aims-20000-electric-cars-annually
I noticed Saean Inc.'s annual list is due this month on the NVSOS.
Saean Energy's SI is also due this month on CASOS.
We "may" see some updates with those entities...
Thanks, Bountiful_Harvest.
Still watching in anticipation...
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=169940677
Quick recap of recent timeline of events:
August 11 - Saean Group changed their business address from CA to Counselor Kwon's Las Vegas business address.
August 17 - Saean Medical website puts out a notice that private share exchange will cease for Saeanmedi shares on 8/31/22 due to filing on OTC for public trading. If I recall correctly, Saean had plans to list Saean Medi (OTC?) and Saean Group (NASDAQ?) around the same time frame, or something to that effect.
September 2 - Saean Group puts out a Korean press releases on their new Exod and future manufacturing plans.
September 19 - Saean updates their Instagram, removing all their old posts, and replacing with new Exod data.
Aug/Sept - Saean Group updated their website, and executive lineup was modified.
Just an opinion/guess, but these recent events suggest to me we should see something of substance soon. Perhaps they've been working with FINRA or SEC, etc. behind the scenes on things. - I believe that's what stage we are at. I still don't see anything re EMPM, but completion of Merger may reveal more on that subject, and why I believe we're still involved, as discussed previously.
Hoping, expecting and believing NASDAQ will soon come to fruition for ALL of us. It's been a long arduous growing season for all parties involved. Expecting our year will be crowned with a bountiful harvest indeed.
"Nothing is impossible"
Nice find Hummingbird. I haven't looked at Saean's instagram in a while. Great looking car/graphics. That's their only Instagram post I currently see listed. All their older Instagram posts have been removed. Looks like they're possibly prepping for launch.
Hoping, expecting and believing NASDAQ will soon come to fruition for ALL of us. It's been a long arduous growing season for all parties involved. Expecting our year will be crowned with a bountiful harvest indeed.
"Nothing is impossible"
He didn't sell and couldn't have sold any shares.
EMPM has 195,837,336 shares in the OS
with 131,860,669 Restricted shares a/s 10/18/2021.
EMPM SECURITY DETAILS
Share Structure
Market Cap Market Cap
97,919
10/18/2021
Authorized Shares
400,000,000
10/18/2021
Outstanding Shares
195,837,336
10/18/2021
Restricted
131,860,669
10/18/2021
Unrestricted
63,976,667
10/18/2021
Held at DTC
62,071,300
10/18/2021
Float
Not Available
Par Value
0.001
https://www.otcmarkets.com/stock/EMPM/security
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166411967
Ok bro. Can’t do anything with this Pos anyway no trading in grey market
I have a different opinion. When Saean goes public then there should be great clarity. Until then, we wait to see what will be, or won't be...
Good luck to you
Sure. I’m just not clear really on John lees commitment to empm. He was clear he wanted to wipe out shareholders
We don’t know either if he sold during the pump. Anyway there has to be a business case to bring in worthless paper
Who already owns most of EMPM's OS? Why not roll in an entity that you "already have a majority ownership of ", and control of via court ruling? Why would Saean walk away from something they already paid for, and have majority ownership of?
Maybe it was easier/faster to go public via GPSID shell than to file a form 10 to get EMPM relisted this year. I think they picked up GPSID (a completely dead shell) really cheap, with plans to roll in their majority owned shares (Saean Inc and EMPM). Is there a reason they can't or wouldn't do that?
SEAN's 700M AS suggests they're rolling something into it.
ALL conjecture on my part, but is what makes sense to me.
Hoping, expecting and believing EMPM shareholders are part of this! Let's see what happens...
Curious why they would roll in empm shares? What’s the benefit to Saean?
"Nothing is impossible."
I'm not able to respond to private messages on ihub. I've been quietly following Saean this year, as they continue to move pieces around on the chess board.
I don't see any evidence of EMPM being involved in the merger.....YET. -With that being said, I still "believe" EMPM will be involved in the merger, for reasons already shared on this blog. -Saean has not gone public, yet. That should be when we find out.
There was a CASOS dissolution filing on 8/8/22 for Saean Medical. Saean Medi is still active under the NVSOS. As I understand, Saean Medi was supposed to be separate from Saean Group. Not sure what's going on with the Saean Medi entity but here's a link to their Korean website:
http://www.saeanmedi.com/71075a11a411429cb8cb96ccf983a4ca#
Per CASOS filing, on 8/11/22, Saean Group (defined as a holding co) changed their CA business address to Counselor Kwon's NV business address. I was pleased to see that change as I always liked how Mr. Kwon handled the litigation.
https://bizfileonline.sos.ca.gov/search/business
https://esos.nv.gov/EntitySearch/OnlineEntitySearch
SEAN's 700M AS suggests there is room for SAEAN/EMPM shares to be rolled into that shell. GPSID was already split, so those shares won't dilute Saean's shares, or impact their majority position. Doesn't look like Saean Group will be wasting any time on the OTC. Long story short, it appears we are in the final stages of merger being completed, with new company officers replacing Mr. Lazar (shell place holder), then NASDAQ listing to follow? I thought all this would happen a year ago. Maybe this time it will, with even bigger and better results? I don't mind delays when they work in everyone's favor
A GIGAFACTORY, and a NATIONAL car project....-pretty big things going on. Saean probably has a whole lot more in the works too.
Hoping, expecting and believing EMPM shareholders are part of this! Let's see what happens...
Everything I've learned is available to the public online. Everything I post is my opinion or theory. Do your own DD.
They spent so much money acquiring the EMPM shell since 2-3 years ago and they still own 67% of the OS in restricted shares. They also spent a lot of money to regain control of the shell this past year.
EMPM has 195,837,336 shares in the OS
with 131,860,669 Restricted shares a/s 10/18/2021.
Do EMPM/Saean shares get 1-1 r/m into GPSI/GPSID shell?
We have been waiting for more than 2 years+.
I listened to almost every Hearing last year, and read most of the legal documents. Saean/Dr. Lee really wanted control of this shell, fought hard and spent a great deal of time/money to regain control. Against all odds, they finally got it too, via court Order. My gut tells me the merger thing is still happening, but perhaps in a way we didn't think of. We still own shares in a company (now private), of which Saean has over 64% stake. Saean is a global company with multiple subsidiaries.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=168071363
Why would they do that?
Thanks, so SEAN is going forward with GPSID r/m.
GPSID - Saean Group Inc.'s OS is only 200k after 500-1 R/S.
There is plenty of room for EMPM/Saean to r/m into GPSID/Saean GRoup Inc. Shell.
Doesn’t seem to be helpful to us. I guess if you really believe in Saean one could buy that ticker. Sucks for empm holders
GPSID name changes to SEAN on July 8th. See FINRA daily list. Link on GPSID board.
GPSID SECURITY DETAILS
Share Structure
Market Cap Market Cap
Not Available
Authorized Shares
700,000,000
06/10/2022
Outstanding Shares
200,050
06/10/2022
Restricted
189,999
06/10/2022
Unrestricted
10,051
06/10/2022
Held at DTC
8,853
06/10/2022
Float
Not Available
Par Value
Not Available
https://www.otcmarkets.com/stock/GPSID/security
EMPM has 195,837,336 shares in the OS
with 131,860,669 Restricted shares a/s 10/18/2021.
Do EMPM/Saean shares get 1-1 r/m into GPSI/GPSID shell?
We have been waiting for more than 2 years+.
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