Saean Group Inc. (SEAN)

[Bear1]

Great. Looks like stuck in this 🐴💩

[Bountiful_Harvest]

Many Saean investors have reached out to Saean requesting the status of EMPM. I'm not aware of any Saean investor (via EMPM) receiving any response from Saean, since 2021.

I own a few SEAN shares and a large amount of EMPM shares. I don't feel Dr. Lee would leave any SAEAN investors behind - EMPM shareholders are in fact Saean investors. Saean "purchased control" of EMPM back in 2019 (per 8k), and STILL holds >64% majority of it's OS shares (restricted). As I understand, Saean regained control of EMPM via lawsuit back in 2021. As I understand, EMPM is now a private company, owned by Saean.

I'm not questioning Dr. Lee's /Saean's honor. I'm counting on it. I'm assuming the reason Saean is not communicating w/ investors (via EMPM), is because they're unable to disclose information re EMPM at this time. I'm assuming Saean will communicate when they're able to.

Saean (SEAN) has 99.9% of its shares locked down, while they wait for NSDAQ listing.

https://www.otcmarkets.com/stock/SEAN/disclosure

https://bizfileonline.sos.ca.gov/search/business

https://esos.nv.gov/EntitySearch/OnlineEntitySearch

https://www.saeanmotors.com/about

http://m.dailycar.co.kr/content/news.html?maker_name=Saean

https://www.youtube.com/@saeanmotors7172/videos

https://www.instagram.com/saeanmotors

[govprs]

Looks like all those Korean shareholders in the private company are not going to Empm shareholders rather SEAN.

Not good for us imo

[Bountiful_Harvest]

https://www.otcmarkets.com/otcapi/company/financial-report/382022/content

[Chenteddybear]

MOU with ESAG Investment LLC, $1.1B investment!

Press Release | 09/04/2023

Saean Group Inc. of the United States (SEAN) and ESAG Investment LLC. of GCC based investment company, signed a memorandum of understanding on August 31 to invest a total of USD $1,1 Billion in SGI. (ESAG will hold a total of 68%).

[Bountiful_Harvest]

MOU with ESAG Investment LLC
Press Release | 09/04/2023
Saean Group Inc. of the United States (SEAN) and ESAG Investment LLC. of GCC based investment company, signed a memorandum of understanding on August 31 to invest a total of USD 1.1 Billion in SGI. (ESAG will hold a total of 68%).

https://www.otcmarkets.com/stock/SEAN/news/MOU-with-ESAG-Investment-LLC?id=412853


The links below "appear" to be the same ESAG indicated in PR?

https://www.algurg.com/about/overview/

https://www.forbesmiddleeast.com/lists/the-top-100-arab-family-businesses/easa-saleh-al-gurg-group-esag/


GCC based Investment Company: - The investor ecosystem in the Gulf Cooperation Council (GCC) markets is comprised of several large sovereign wealth funds, pension funds, family offices, institutional investors, accredited investors as well as a growing number of asset managers and investment firms.

$SEAN

[$b_rich$]

It would be nice if they'd do a small forward split. They pretty much wiped out the shareholders on the R/S last year.

[Bountiful_Harvest]

Interesting:

"cooperating to support BK Dong-yeong Tech's listing on the Nasdaq in the U.S."

[Chenteddybear]

Nice news by Saean!

https://www.theglobeandmail.com/investing/markets/markets-news/NewsFile/19703848/us-saean-group-inc-and-south-korea-bk-dong-yeong-tech-co-ltd-signed-moa-for-electric-vehicle-battery-supply/

[Chenteddybear]

big news, they are getting real close to making passenger EVs

[Hen]

Thank you Bountiful.

[Bountiful_Harvest]

https://www.otcmarkets.com/stock/SEAN/disclosure

https://esos.nv.gov/EntitySearch/OnlineEntitySearch

https://www.saeanmotors.com/about

http://m.dailycar.co.kr/content/news.html?maker_name=Saean

http://www.saeanmedi.com/71075a11a411429cb8cb96ccf983a4ca#

https://www.youtube.com/@saeanmotors7172/videos

https://bizfileonline.sos.ca.gov/search/business

[Bountiful_Harvest]

Saean Group signs MOA with BK Dongyoung Tech to supply electric vehicle batteries:

http://m.dailycar.co.kr/content/news.html?type=view&autoId=49647

Saean Group is a company that designs, develops, and manufactures electrically powered passenger cars and special vehicles, and is headquartered in Nevada, USA. In addition to Korea and the United States, the company is preparing to produce electric vehicles in regions such as Saudi Arabia, Malaysia, and Australia.

?? : ???? (http://dailycar.co.kr)

[Bountiful_Harvest]

Does anyone know if this is an error regarding Saean Group Inc. being "parent company" of MULN? and MULN stock belonging to Saean Group? --- Kind of looks like an error, because Saean Group is in Las Vegas and Pasadena CA, not Brea CA. Also, Saean's website states they're associated with an entirely different sector. Not sure where beststocks is getting their information, or if this is actually true??...

https://beststocks.com/mullen-automotive-inc-expands-into-european-m/

Saean Group Inc, the parent company of MULN

And here's today's beststocks release:
https://beststocks.com/mullen-automotive-inc-faces-decline-and-uncer/

MULN Stock: Saean Group Incs Earnings and Revenue Growth Analysis
On August 4, 2023, MULN stock, belonging to Saean Group Inc, opened at the same price as the previous close, which was $0.13. Throughout the day, the stock traded within a range of $0.12 to $0.13. The trading volume for the day was 6,497,727 shares. The market capitalization of MULN stands at $80.2 million.

When examining the earnings growth of Saean Group Inc, it is noteworthy that the company experienced a growth rate of +67.23% in the past year. However, no information is available regarding the earnings growth for the current year. Looking ahead, the projected earnings growth for the next five years is +5.00%.

In terms of revenue growth, there is no data available for the previous year. Additionally, the P/E ratio for MULN is 0.0.

Saean Group Inc operates in the Technology Services sector, specifically in the Internet Software/Services industry. The corporate headquarters of Saean Group Inc is located in Brea, California.

[Chenteddybear]

Nice news!

https://www.theglobeandmail.com/investing/markets/markets-news/Newsfile/17455719/saean-group-unveils-revolutionary-30-ton-electric-truck-tackling-global-carbon-emissions-crisis-with-smoke-and-noise-free-solution/

[$b_rich$]

yayyy! Finally!

[getmoreshares]

PINK LIMITED https://www.otcmarkets.com/stock/SEAN/overview

[PennyStaIker]

Saean filed a financial report for 2021 today: https://www.otcmarkets.com/financialReportViewer?symbol=SEAN&id=362918

[Hen]

Look at EMPM site in IHub

[Witte44]

Why the holdup from listing this stock!!

[govprs]

No impact on empm

[jelaco]

Change of control. Lazar to CEO Lee Jung-yong - the same South Korean ceo from the old empm days I believe.

[Bountiful_Harvest]

I think there's more details involved as discussed on the EMPM$ blog. In any event, just my opinion. I guess we have to wait and see to know for sure. I certainly don't count it dead until proven otherwise.

[$b_rich$]

It's definitely a bummer when things work out that way. It also wasn't a great deal here with the split, but it is what it is. I'd like to see them get some filings going, it's been a long time.

[govprs]

Exactly my thoughts. Others here feel the investments made in Empm should not be lost but I’m inclined to agree with your context until proven otherwise

[$b_rich$]

What does that have to do with EMPM? Looks to me like that one didn't work out for Saean and they chose this shell instead?

[Bountiful_Harvest]

I don't know. I posted some Saean updates on the EMPM$ blog.

Here's some Saean PRs that were released this week (They mention NASDAQ "soon" in a couple of them):

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=170237570

Complete the Mergers, then file S1??

[$b_rich$]

Looks like hell may freeze over before they get something going lol

[Witte44]

Thanks
Gpsi was a disaster, great company but 0 information for the last 8 years.

[Bountiful_Harvest]

Hard to say. The good news is that Saean came along and rescued the GPSI shareholders, or so it appears. In my opinion, Saean acquiring GPSI is probably the best thing that could have happened to y'all, even with the split.
Upon listing on NASDAQ, SEAN shares might be $10, or could be $50+ in a matter of months. I'm not sure what the initial valuation will be, or what other contributing factors may be. That's assuming they follow through with merging into this shell. That's still to be determined but appears to be the case. In light of the stock market already being beat down this year, now might be a good time to list.

I never owned GPSI shares. I'm one of the old EMPM$ shareholders of which Saean already has over 64% stake. EMPM shareholders (US Saean Investors) have also been left wondering what's going to happen - long story. From what I understand, Dr. Lee leaves no one behind. IMO, good people, good company.

Saean Group is NOT a penny stock.

I believe (not know) they are in the merger phase. Upon completion of merger, we should all know where we stand.

Right now we are waiting for Filings, or some sort of public announcement...

[Witte44]

What does this mean for my 312 shares of Sean(gpsi)?

[Bountiful_Harvest]

Amen to that! I've been following Saean for over 3 years. Judging from their recent website tweaks, it appears they are now changing the executive line-up.

Based on recent changes to NVSOS and CASOS, it looks like the Merger "may" already be in progress. Per CASOS filing, on 8/11/22, Saean Group changed their CA business address to their lawyer's NV business address:

https://bizfileonline.sos.ca.gov/search/business

https://esos.nv.gov/EntitySearch/OnlineEntitySearch

Also, per Saean Medical's website, should see a filing for Saean Medi OTC listing:

http://www.saeanmedi.com/71075a11a411429cb8cb96ccf983a4ca#

I believe Saean desired to list both Saean Medical and Saean Group around the same time frame. As I understand, Saean Medical will be an OTC listing and Saean Group will be NASDAQ.

Every day I've been looking/expecting to see something...

[$b_rich$]

It'd be nice if they would provide some filings...it's been a long while here.

[Bountiful_Harvest]

http://m.dailycar.co.kr/content/news.html?maker_name=Saean

https://translate.google.com/

https://www.saeanmotors.com/about

[bell345]

not really, we're in one of the worst bear markets in a long time.

[Witte44]

Outstanding Shares
200,050
06/10/2022
Restricted
189,999
06/10/2022
Unrestricted
10,051.!!!!
06/10/2022
This will be very interesting to watch!

[Renee]

Effective July 8,2022 GPSID will change to SEAN:

https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes

[bell345]

So does anybody know what happened to the old company General Payment Systems, did they go bankrupt or disappear or what?

[Witte44]

http://m.theinvestor.co.kr/view.php?ud=20170707000586

[Witte44]

https://m-koreaherald-com.cdn.ampproject.org/v/s/m.koreaherald.com/amp/view.php?amp_gsa=1&_js_v=a9&ud=20211028000972&usqp=mq331AQKKAFQArABIIACAw%3D%3D#amp_tf=Van%20%251%24s&aoh=16549664821417&referrer=https%3A%2F%2Fwww.google.com

[bell345]

https://www.saeanmotors.com/

[$b_rich$]

I agree, but I like to see filings to prove it:)

[Witte44]

I think it's the same Company The Company is located in South Korea, Japan, en the USA.

[$b_rich$]

That would definitely be nice on a forward! If this is the same company that we're viewing on the website I just posted, we should have some nice value here imo:)

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=169110580

[Witte44]

I Think They did the reserves split to go to a bigger Exchange ( nasdaq) and when they are on the NASDAQ they gonna do forward split maybe 50:1,Let's hope.

[uam04]

LOL I kept a 1000 shares of this for $4its and giggles and now I have 2

[$b_rich$]

It sucks on the split, but this is what I've found and if this is it, this MIGHT be a big one imo:

https://www.saeanmotors.com/about

[$b_rich$]

Damn! I just noticed this. It just doesn't make sense as low of a float that this is.

[Witte44]

Hé Lawdog 1, I'm Following this company (gpsi) as long as you have. Maybe now finally we are going to make money.
I Remember that you were in the Prison sector,and you sow one of the first installation of the Company (gpsi)

[bell345]

It looks like it was a dormant shell and another company paid money or something and now they own, it the kind of tells you that the original General payment system pretty much never was a real company at least for the shareholders.