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Website updates are looking nice
Saean looks to be busy working on things.
https://www.saeanmotors.com/ed-s
Is OS still 128,077,628
Which gets to the question: Will the court allow Lee to intentionally defraud the shareholders of EMPM?
We were led to think this deal was going to happen. DBA and many other statements. How can Saean act like they didn't know anything about EMPM?
If Lee gets approval to dissolve, won't that be the end of all of us shareholders?
I don't see his intent to keep us in this.
Settle the debts, kick WS and crew out, get rid of all of us, then reinstate as fresh with Lee in total control. Which is his goal anyway.
Seems like WS prevented it from happening sooner. Now it's up to the court.
I had great expectations for Saean. Now I just see loses. Possibly exclusion.
Under contacts, head office is listed in California and R&D Center in South Korea but no contact listing for Las Vegas.
New graphics of the WID-U and the ED-S sports car
List of team leaders in Korea
http://www.saeanmotors.com
New Korean post from sniper. Link to web site: http://www.saeanmotors.com
Google translation of page. No mention of legal actions.
Notice
<Guide to OTC listing of US headquarters>
The listing process is being delayed due to the global Corona 19 incident.
The CEO must go directly to the United States to go through the business process,
It is currently difficult to enter the United States.
So we hired a local attorney in the United States to ensure that there was no problem
We do our best, but there is a delay of 3 ~ 4 months than the original plan.
It is expected to be inevitable.
The global economy is in trouble due to the corona crisis.
But we can overcome together.
We ask for your kind understanding and support, and the future progress
We will notify you from time to time on the company website.
Thank you.
All very confusing with current finger pointing.
Unless this paragraph is true and Lee did approve it
35. In addition, LEE, acting on behalf of the majority common shareholder, SAEAN KOREA informed Plantiff that it should prepare to accept a new round of investment. Part of these preparations included the filing of a preferred designation with the Nevada Secretary of State's office for a Series "A" Preferred votind stock to be held by SAWYER.
Share grabber algo running in that wide spread getting the shares with a 6 decimal point buys
Crude oil is at artificial lows and can not be maintained at this level. Production costs won't allow it.
Quote The products Saean offers are wants, not needs.
That is totally incorrect. The products Saean will offer will be the next level tech in EV and other mobility. Solid Hydrogen storage. New Jet/Turbine engine, extremely sensitive sensor with many applications including medical. And more that we are waiting to be disclosed.
I agree with you on your points there.
I was only referring to how some stocks that should be less impacted are also falling hard. Which as I said is likely that many investors are getting out of the market completely. Making even solid long term DD investments unstable.
No filing yet saying will be late. See what Monday brings
Very hard to tell why any stock is down right now. Many investors are simply pulling out of the market completely. Pull the cash and hold for bottom market. We are caught in the melee.
We all knew there would be a silent period until the legal stuff happened. Waiting to see if all comes to pass. Not a surprise there is no news yet. That will come after listing.
Same here. spent my last yesterday. See how long this lasts. but I am sure it will change big soon.
Same here. spent my last yesterday. See how long this lasts. but I am sure it will change big soon.
Geez. Who got that pile at .05, I'm sooo jealous
Parabolic curve. CV, then market. Saean will be a parabolic curve also.
The market bounce back from this scare will be epic
wow got some 6s also
another halt. amazing times
This is exactly the same level the PPS was being held at in Jan. when we thought things were about to happen and got delayed.
We are again hanging on the 11th hour. PPS is pushed to the same level. And MMs are at top of list not retail.
Waiting for the big things to happen. It's coming soon.
Today's post on forum says "There is no news"
Unlike other stocks that will be waiting for the market to return buyers to them, SAEAN/EMPM has a set plan to assist the PPS to where they want it for their big plans.
I think we will get plenty of investors once all the details are spread around like a .......
PIPE and others will likely start buying as soon as the change over occurs. Especially if PPS stays low at initial switch.
Meaning-- I expect it will move very fast the day of listing change.
Market mess creating an amazing consolidation of the float here.
Could work in our favor very well very soon.
Good catch Hen. As long as it comes and is real is all I care about. Filling NVSOS requirements.
Right. The next date hurdle is the 20 day waiting period required by NSOS.
That expires in about 2 weeks from now. March 20th was target date given.
I still have nothing in mail. Anyone else??
Mailing notice should give some insight.
Lol. I was just searching for that.
I am sure it is a factor. Always is in big business.
May have something to do with Mokpo being delayed from Jan dates. They may want to wait to infuse the funds.
All speculation at this point. I think there is much we still don't know about that will come out soon.
Agree. The PPS manipulation to this time has been very well done. Holding it where they (whomever the powers are) want it.
I see no reason they will not be able to do the same after listing and run PPS exactly where they want it.
We do not control this. Ride the wave everyone. Going to be stellar.
I think it has more to do with physical assets. I did a previous post on Korean tax laws transfers to US stocks. But that was many months ago. There are a couple different ways they can do it. But there are taxes involved in the transfer for sure.
Likely a couple reasons. I think...
First Saean has said they plan to buy shares on open market after listing. Using PIPE funding. Better to buy low than high. Then they can do whatever they want with their shares after the price runs up.
Second there is likely a big tax to pay on the Korean exchange to US dollars if there are large gains initially. Better to cross over at a closer to equal value.
Yep sure did. Seems someone is watching/reading us
Can't be much of the Float still floating around
only 6017 shares under .20 on Ask. No buyers this morning.
Should be seeing something in our mailboxes soon
The Name Change amendment will become effective on the date the Company files a Certificate of Amendment to its Articles of Incorporation with the Nevada Secretary of State, which we anticipate will occur on or around March 20, 2020. In accordance with the federal securities laws, the proposed Name Change cannot be affected until at least twenty (20) calendar days following the mailing of this Information Statement to the Company’s shareholders. We will first mail this Information on or about February 24, 2020 to stockholders of record as of February 6, 2020.
nice add
LOL CDEL must have heard you. Decided to split it up.
Future of Transportation-If you have watched this yet, you should.
This is an excellent watch