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To clarify, we still don't know what Saean Inc.'s OS is, only EMPM’s. - As far as we know, those two entities (EMPM and Saean inc.) are separate, have different share structures, and not connected.
According to NVSOS, Saean Inc has an AS of 220M, with OS being "unknown". It’s been that way for years.
https://esos.nv.gov/EntitySearch/BusinessInformation
As it stands, we still have no idea if EMPM was merged with any other entity, or "if" they will use EMPM, or if they have plans for it at some point in the future, or if they just decided to walk away from it all together. I haven’t seen anything on it, since the lawsuit was concluded. At this point, EMPM is a complete mystery. It doesn't look like we're going to know, or be able to figure it out, until it's revealed in future filings.
With that said, I continue to believe we are somehow in this, for reasons I’ve stated all along.
Hey Hummingbird. I don't know yet. That's the same question I'm asking. It appears the story is still evolving? There were two Saean Inc.s. - (1) Saean Inc. Korea, and (2) Saean Inc. NV, USA.
We've seen some filings for Saean R&D, but not Saean Group (SEAN) yet, which is the entity going public. More pieces of the puzzle are showing up, but not enough to solve the equation.
Tesla Powerwalls will help new low-income housing tackle ‘fuel poverty’:
https://electrek.co/2023/04/28/tesla-powerwalls-help-low-income-housing-tackle-fuel-poverty/
Tesla’s biggest bull with $2,000 price target sees robotaxi service launching ‘soon’:
https://electrek.co/2023/04/28/tesla-bull-robotaxi-service-launching-soon/
SEA Electric just added a hydrogen power option for electric trucks:
https://electrek.co/2023/04/28/sea-electric-just-added-a-hydrogen-power-option-for-electric-trucks/
EMPM was revoked from the Market, ONLY. As I understand, the revoked company (Private, after revocation), would be a subsidiary of the current/parent company. Any company which still exists, and is no longer on the open market, due to revocation, is fully capable of being folded into SEAN - "IF" that's their desire. -- Everyone is waiting to see "IF" that's the case - Filings, consolidated financials, etc., should reveal more on that when they post...
That filing is inconclusive. While we didn't see EMPM mentioned, we ALSO didn't see Saean Inc. mentioned. - We haven't seen ANY filings for 2022 yet. There's still 327M shares left that Saean can issue for mergers/swaps. EMPM OS is 195M (>64% Saean owns).
"Generally", once a company begins the process of becoming current, one can expect it to take a few weeks. Every company is different with unique circumstances. I've seen some companies drop several years of filings all in one night, while others have taken a few months. I don't see any reason for Saean to have started the process of becoming current w/ filings, financials, etc. UNLESS they intend to be trading PUBLICLY. As I understand, their auditor (PCAOB) is pretty much a requirement for uplisting. They've already started putting their new trading symbol (SEAN) on their youtube videos too. Once SEAN is current, they should start trading. -With that said, most of the shares seem to be locked up (restricted) at the moment. So, it doesn't "appear" Saean wants their stock trading until they are ready. I don't know what they are waiting for...SEC? Auditor? S-1? Something else? We only have a few pieces of the puzzle to work with, hence, we still can't form any kind of conclusions until we see more filings or official announcements.
I wake up every morning looking for the filings that pertain directly to us. Believing and expecting big things here...very soon.
All IMO.
Tesla releases its ‘Master Plan Part 3’ white paper with the math behind its plan to save the world:
https://electrek.co/2023/04/06/tesla-master-plan-part-3-white-paper-math-behind-plan-save-the-world/
This was shared with me by another Saean investor whom I respect and go to for guidance. He's not posting on ihub, but here's some wisdom he shared, which I wholeheartedly agree with:
Our Duty, Saean's Duty:
Is Tesla planning a US LFP battery cell factory with CATL:
https://electrek.co/2023/03/30/tesla-rumored-us-lfp-battery-cell-factory-catl/
https://electrek.co/2023/03/30/tesla-solar-roof-falling-behind-but-installations-increasing/
Komatsu: Beneficiary of Multiple Inflation Trends:
https://seekingalpha.com/article/4502160-komatsu-beneficiary-of-multiple-inflation-trends
Summary
- Autonomous mining equipment will benefit from rising labor costs and rising metal prices.
- Rising Labor Costs Will Increase Demand For Autonomous Equipment
- Government investments in the green energy transition and natural resource security will provide continued tailwinds.
- Low valuation and trading on the Japanese stock market reduce vulnerability to receding US liquidity.
- Rising Metals Prices Will Increase Demand For Mining Equipment
John Deere discussing driverless tractors:
https://www.thetelegraph.com/news/article/future-autonomous-farming-equipment-taking-shape-17856386.php
https://finance.yahoo.com/news/bull-day-deere-co-090009744.html
Freyr plans to form battery coalition agreement with big players such as Caterpillar:
https://www.marketwatch.com/press-release/freyr-battery-targets-strategic-coalition-with-four-major-global-partners-2023-03-28?siteid=bigcharts&dist=bigcharts&tesla=y
Everything points to Tesla having a great quarter for deliveries in Q1 2023:
https://electrek.co/2023/03/21/tesla-tsla-surges-strong-sales-china/
How BMW is using NVIDIA Omniverse to virtually produce its next-gen EVs:
https://electrek.co/2023/03/22/bmw-using-nvidia-omniverse-to-virtually-produce-its-next-gen-evs/
The US’s first-ever complete solar supply chain is coming:
https://electrek.co/2023/03/23/the-us-first-ever-complete-solar-supply-chain-is-coming/
United Airlines to launch first commercial electric air taxi route with Archer Aviation in Chicago:
https://electrek.co/2023/03/23/united-airlines-plans-first-commercial-electric-air-taxi-route/
Ford preps for second electric truck, Project T3, at future BlueOval City EV mega-campus
https://electrek.co/2023/03/24/ford-preps-for-second-electric-truck-project-t3-blueoval-city/
https://t.me/otcupdates/44542
https://www.otcmarkets.com/stock/SEAN/overview
- a couple Saean videos were also added to OTCMarkets at bottom of overview page..
I'm unable to respond to private messages on ihub. Other than what's been publicly revealed, I don't know what's going on, or how we (EMPM/Saean shareholders) fit into things yet. - Just have to wait and continue being patient...
I check these sites often for updates/filings:
https://www.otcmarkets.com/stock/SEAN/security
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.instagram.com/reel/CirgtrOjaYe/
https://bizfileonline.sos.ca.gov/search/business
Google "Saean" and check: News
Search twitter: $SEAN
Search youtube.
Good eye Hummingbird! Thanks for sharing that.
https://t.me/otcupdates/43813
We're getting close to the reveal...
To me, the wild card, is what role Qatar plays in all this?
My "opinion" is that IF Saean folds EMPM shares into SEAN, there will be little to no dilution.
My basis for this "theory" is Saean already owns over 64% of EMPM's outstanding shares. They have a vested interest. I believe THIS is their main motivation for rolling EMPM shares into SEAN. Reverse splitting their own shares would be diluting their own stake. Our shares are in the same pool as Saean's. So, they can't dilute ours without also diluting theirs.
If Saean didn't already have a vested interest, then there would be no reason to have pursued "control" of EMPM via the Court, and no reason to merge EMPM shares into SEAN.
As I understand, Saean only purchased the abandoned GPSI shell. They did not purchase any GPSI shares, that I'm aware of. I believe Saean "already" has shares they want to roll in. Hence, the reason why they reversed split GPSI (now SEAN), as to not dilute Saean's stake/shares being rolled in.
As I understand, Court basically handed Saean complete control of EMPM. All the EMPM officers currently listed on NVSOS were removed by Court Order in 2021. I'm not clear on why Saean never put their people in the officer slots. EMPM, now a private company, doesn't have to report like a publicly traded company, so we don't really know what's going on behind the scenes. If Saean plans to roll EMPM shares into their SEAN shell, then maybe there was no need to put their people in those officer slots.
I understand, there's the possibility something went wrong with the EMPM entity, in which case no one gets anything. I don't think that's the case but possible. I understand everyone's been waiting years to find out if we're in, or out... Personally, I BELIEVE we are in.
ALL of this is my opinion and unsubstantiated theory. But this is what makes sense to me.
Another update, removing those old officers:
https://t.me/otcupdates/43548
Watching closely...
It seems Saean has "overcome" many challenges and obstacles. They didn't disappear like so many other companies when hit with adversity. Dr. Lee/Saean kept fighting, continue to grow, and keep moving forward the whole time.
I believe Saean's perseverance will soon manifest victory for all of us.
Maybe we see some Filings now? .. Website looks good!
https://esos.nv.gov/EntitySearch/OnlineEntitySearch
Looking at the big picture, it "appears" everything is coming together, once again.. And in a much bigger way this time.
Saean updated website. The VP status was just applied to Mr. Fattah's profile and Saean just added a Purchasing Director to the executive line-up. As we understand, Court Order gave Saean control of EMPM (being rolled into SEAN shell??). Saean Inc. kept active on NVSOS (another private company being rolled into SEAN shell??). On 11/22/22 Dr. Lee put in full control of SEAN shell (instrument to go public with?). October PR says manufacturing begins this year, and Nasdaq listing soon. - This all suggests we are close to finding out where we stand. I'm not breaking the Pom Poms out yet, but hopefully very soon!
A company needs a Purchasing Director to ensure it obtains goods and services it needs at the best possible price, and for developing procurement strategies to acquire raw materials. - Hence, manufacturing plans are about to begin?
Looking for announcements any day now, see where we, EMPM shareholders (Saean Investors) stand in all this...
More concept designs found online....
Here's an older video with Ford designer Steve Parks. The background shown in their research studio is what piqued my curiosity:
https://vimeo.com/540447398
This one looks similar to the EDX Taipan design just posted on Saean's website:
"Now" is the time to enter the market.
According to the PR below, Saean begins production this year. They also indicated Nasdaq soon:
https://www.nst.com.my/business/2022/10/841394/epmb-saean-group-jointly-manufacture-evs-aims-20000-electric-cars-annually
Interesting choice of words regarding the phoenix metaphor. I like some of those words and phrases!
Phoenix Meaning:
Good to see you again, MadeMan. It may prove wise that you held onto some shares. Hoping Knight of Cups is greatly rewarded for holding those 50,000 shares.
Since our EMPM shares are in the same pool as Dr. Lee's/Saean's shares, I doubt we will see much dilution, if any. As I understand, Saean never sold their shares, as they were restricted.
Also, we might have another ground-floor opportunity with Saean Medical. As I understand, "that" entity will be registered on the OTC. I think it's a strategic move to wait on listing that one, until after Saean Group gets listed. - Probably see some proceeds from their Nasdaq listing get rolled into SaeanMedi.
I know we've been waiting a long time, some of us for years... But, perhaps, the delays have resulted in a substantially higher valuation (judging by their website updates, it looks that way). Originally, Saean had plans to slow walk from OTC to NASDAQ back in 2019/20. Had that been the case, most of us would've sold our shares on the way to Nasdaq. My logic, is that the delays and not being able to trade has protected/preserved our entire positions --- for what "appears" to now be a direct listing on Nasdaq. --- I'm "believing" this has all worked in our favor.
Complete certainty is a rare luxury in life. We are usually left guessing (speculating), and an educated guess is the best we can do at this point.
Hoping and expecting our long growing season will soon turn into a bountiful harvest, indeed
Tesla just had its best week since May 2013:
https://www.cnbc.com/2023/01/27/tesla-just-notched-its-best-week-in-a-decade-as-stock-soars-33percent.html
Tesla announces $3.6b Semi, 4680 battery factories in Nevada:
https://electrek.co/2023/01/24/tesla-announces-3-6b-semi-4680-battery-factories-in-nevada-but-questions-abound/
Now that supply chain bottlenecks are diminishing, Tesla can cut prices in line with battery cost declines, driving demand while limiting the impact on profitability. According to Wright’s Law, battery costs drop 28% for every cumulative doubling in unit production!
- According to @skorusARK’s research, having leveraged off the consumer electronics industry (which most other auto manufacturers did not do), Tesla’s batteries are three years ahead of the competition in terms of costs for a given range and performance.
Cathie Wood / Ark makes some good points...
Correct. Waiting and not knowing where we stand in all this can be challenging, but that's where faith comes in.
Faith and Patience are the power twins. - Faith is believing.. and Patience is continuing to believe through the challenges. Recently, Dr. Lee had a real interesting and encouraging testimony on his youtube channel. It's been since removed but coincides with that mindset.
I believe doors that were once closed to Saean are now open...on a global scale.
I did some research on all the Saean officers listed on all their different entities. They seem to be a very family and faith-oriented group, with a foundation in honor. With that said, I don't see Team Saean leaving EMPM shareholders behind. We are in fact Saean investors.
So, assuming we are involved in merger, I plan to be a long-term shareholder for years to come. Of course I'll be trading shares to secure some long-awaited gains, but plan to buy back on the dips for long term investment.. I like Team Saean's vision...a lot! Maybe more than even Tesla.
Also, Saean has plans for another SUV:, in addition to what's already been revealed on their website:
:
http://m.dailycar.co.kr/content/news.html?type=view&autoId=46474
There's always some doubters and naysayers, but yes, I too say, let's see what happens in this New Year. January 22 is Korea's New Year.
Looks like we are getting closer...
Ark fund / Cathie Wood makes some interesting points regarding Tesla's future:
Toyota / Lexus Takumi Specialists:
https://discoverlexus.com/stories/takumi-the-60000-hour-story-of-human-craft/
Toyota Tahara Plant:
World's largest Toyota Museum Japan: