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I was wondering if it has to do with the share swap. Is this how the Korean investors get EMPM shares? Never seen a RM with lots of private investors that need shares.
CDEL could be short and trying to cover or selling shares they don't have in hopes it will go back down. One way or another CDEL needs to cover at some point... IMO the longer he's on the ask the faster we shoot up the second he's gone.
"The “Three C’s”: Citadel Securities (CDEL), Canaccord Genuity (CSTI) and Cantor Fitzgerald (CANT) are almost always on a ticker together with the four more trusted sources mentioned above. While these “Three C’s” are rarely toxic diluters, they can be heavy short sellers at times, taking advantage of a good thing which is part of the game.
https://www.32trades.com/market-makers-knowing-what-youre-up-against/
moving up the "most read" ihub list. I think lots of eyes are watching and waiting for the run to start. We should see lots of slaps and volume as it gets close IMO..
My post was being sarcastic... I'm heavily invested here and don't understand why Saean keeps changing the CEO and CFO on the NV sos... I think lee, Sawyer, Dixon, Tammt have all been CEO or CFO in the last 3 months. I dont get it.
Tomorrow they will name me CFO and Chen CEO.
I think finra name change got kicked back and needed some paperwork updates that required Lee's signature along with copy of ID and other business documentation. Time difference between Korea and USA delays everything by a day... Name Dixon and Sawyer as acting CEO and CFO gets things done in the same day. They pulled Lee's name off of NV SOS and added it back a few times during this process too. I believe Lee is in full control but things are not happening fast enough in the background. I believe they are holding a ton of press releases back until the name changes and are more excited than us about the future of SAEAN.
I think it's harder for Lee to sign and file the paperwork as CEO for all things related to NASDAQ. Much easier with US born Ian and William completing all things related to financials, filings in the US market...
no not .25 i said $25
I will give you 50k of mine at $25 :)
I think they only need to buy back 23,268,668 shares and retire them + all but 74,650,000 of the restricted shares. It would swap all shares, keep 30% float liquid, give them all the shares they need for $50 mil at $5 per share they already have the shares. And price is set for NASDAQ. A few press releases they shoot to $5 on low volume and start to back fill the pipe. We have seen some MMs put up walls, and slow this down. If SAEAN was going to RS this to hit the number why slow it down. If buying back shares to retire keep it down. Would sit better with potential investors to not see a RS to set price for nasdaq.
I really see only 2 ways this can work. All shares need to come from the 64% Saean owns. For the pipe and swap. 60 million shares for swap and about another 14 million shares for swap at about $3.37 share price. If Saean is buying back shares off the open market now they need to keep 30% liquid.
so after the 74 million shares are given to pipe investors and swap they retire the rest along with what they buy back to set the higher share price required for Nasdaq listing.
Other i mentioned the other day.
They cannot possibly do anything more than a 1 for 2 if they did at all.
The promised their Korean shareholders a 10 for 1 forward split. Saean only has enough shares to fill that promises of 60 million swap if they leave it as is or do a 1 for 2 reverse split. They cannot possibly do anything more.
A 1 for 2 would instantly put us in nasdaq range. The would need to prop up the bid to stay at $3 for 30 days to get nasdaq listing. It sounds like they have institutional investments lined up.
TRUE There is no need for a reverse split, the structure is pretty sound. But if there is we only need 2 days to run up 100% to make me a millionaire. starting from .14 i need many more 100% runs. In some cases RS can be a game changer in uplisting and open the doors for bigger investors.
In normal cases yes. But playing with the numbers, setting price, and the number of times the price has to double we would actual be better off with a RS.
For this to go from .14 to $10 the price would need to double 6.5 X
after a 1 for 2 reverse split the price would be set at 3.37 and only need to double about 2.5 times get to $20 and give us the same Market cap. Much easier to do with lower share count.
Its all about supply and demand too. Add a home run marketing team, make Saean a global house hold name. I'm thinking the RS might be a better option. Look at Priceline... this is not going to be OTC very long..
Hi Guys do any of you think the following is possible? If they currently have 6 million Korean shares and they do a 10 for 1 split they need 60 million shares. This 60 million could include all management...
EMPM has 195,837,336 OS
132,260,669 restricted held by Saean and 650k held by old ceo.
a 1 for 2 reverse split of 195,837,336 will reduce the OS to 97,918,668
The price at current market cap jumps to $3.38 per share
Saean still holds almost 60 million shares to complete the share swap post reverse split.
30% is still open for unrestricted trading and price is set for NASDAQ.
We still have same % of shares and our price per share goes up but our profits stay the same because we are holding less shares.
Here is where it gets good. only 32,788,333 shares are unrestricted for 6 months. Market cap could still be 1-5 billion. Demand could go up drastically with the reduced number of shares as institutional investors come in. Our shares could be worth $10 - $20 in very short term.
If the tech takes off and Saean becomes a household name and takes on Tesla like SAEAN states. I kind of welcome the harder to get reduced number of shares. Its all about supply and demand.
Just playing with the numbers and different ways to set the price for nasdaq.
Whats your thoughts?
Agreed. Timing the market is a hard game. They have to realize soon they are not getting our shares.
I was looking at that. We might be ready to bounce off it any minute IMO.
I think many people pass this over because of how great this story is. In Pinksheet investing there is a rule that is right 99.99% of the time. "If it is too good to be true it probably is." However .01% of the time Millionaires are made. IMO the DD here is pointing to the .01 :)
"With the know-how of many experts, the passion of young researchers, and the technology of Saean, we can grow into an electric car company no less than Tesla. ”
http://www.saeanmotors.com/%ec%a0%84%ea%b8%b0%ec%9e%90%eb%8f%99%ec%b0%a8-%ec%a0%84%eb%ac%b8%ea%b8%b0%ec%97%85-%ec%83%88%ec%95%88-%ec%a0%84%eb%ac%b8%ec%9d%b8%eb%a0%a5-%ec%98%81%ec%9e%85%ec%9c%bc%eb%a1%9c-rd%ec%84%b1%ec%9e%a5/
The only reason I can figure out why this is not running is everyone is chasing gold discovery gold that is.. Thinking some of that love might be headed this way very soon.
$EMPM should run as soon as the name changes IMO. share structure is about perfect. very high accumulation. Lee the new CEO was named top Korean CEO by Forbes in 2013. Looking to take his new company to the NASDAQ. A few slaps and this ones is off to .4 from .14 on its way to $3 imo
This has never been on the hot boards for more than a day. All the flippers on Twitter have $EMPM tagged in their posts about the next hot stock but very few ever had it as the topic of their post. Just trying to get some of the people who made some profits here to loose them to them as they dump their pumps.. This RM is happening with or without them. When maybe today, tomorrow, next week, end of month.. The flippers cannot tie up their money that long. They will buy the symbol change in the morning and sell into the run and be happy with 100%-200%. We are looking for much more. If we run for 2, 3, 4 days straight and the company starts releasing plans about nasdaq and private placements... the attention could push this into multi $'s everyone will be buying. we just need to grab as many shares as we will be happy with at any price IMO.
You know Lee worked with Ford on a concept care in 1994..
Will they let it run to the next level today? next leg up could start this week.
Let's not get crazy. I have never Saean a company do a forward split for additional capital. Dilute many. Back in the nineties companies did forward splits to keep a low share price. The thinking was more middle class investors would buy shares at $5 than $200. Nowadays many companies just trade fewer shares at higher dollar values without forward splits. I think there is enough liquidity with the unrestricted 60m shares and after 6 months the Korean swapped shares will also be unrestricted. I wouldn't be surprised to see private placements filled with new restricted shares added to the outstanding shares. They already did a forward split for the Korean share swap. If saean is debt free and profitable they can reinvent in the company. If the need capital to grow. They have to borrow or dilute. Giving us additional 2 shares for every 1 share we own does nothing for Saean except lower the value of each share. I'm all about Saean but I see no possible reason for a 2 to 1 forward split anytime soon. This would need to be trading north of $50 and no one selling any shares and very high demand for shares before we see a 2 for 1 split imo.
Look out above! "If a security's price is in a downtrend while the accumulation/distribution line is in an uptrend, the indicator shows there may be buying pressure and the security's price may reverse to the upside."
https://www.investopedia.com/terms/a/accumulationdistribution.asp
https://www.barchart.com/stocks/quotes/EMPM/technical-chart?plot=BAR&volume=total&data=DO&density=M&pricesOn=1&asPctChange=0&logscale=0&indicators=ACCUM&sym=EMPM&grid=1&height=500&studyheight=100
Just because I believe we need to hit $3 by January. Its entirely up to SAEAN on when they will set the price and it could be later today, tomorrow or next week. DCG* has close to 100m more shares than us and not as much DD and is trading around $1.2 IMO they are being controlled by the pumpers and flippers. They cannot get shares here so we are being controlled by MMs and Saean who are not looking for a quick run and dump. They are looking for long term value, NASDAQ, and multi Billion market cap. Much bigger IMO.
We need to hit $3 for Nasdaq. We need to do that before the restrictions expire on the Korean swapped shares. I beleive they expire in March. I also beleive we need to stay above $3 for a period of time to get Nasdaq listing. So really we need to hit $3 by mid dec-jan imo. Looking at some other hot stocks trading at $1.20 with twice as many shares available I think it is easily possible especially with private $50m placement. Just my opinion.
Hi pi, dont think I ever said they want 90% I was actually thinking they want 89.8% jk.
If they have 64% now and know this is going to be $3 to get to the Nasdaq, still have to give shares to all the Korean shareholders, the CEOs CFOs... of all the global subsidies... and have 50m in other investors they need more shares. Unless the pps is much higher when they fill their 50m private placements. But with share restrictions on Korean and their shares how do they get to $3 and Nasdaq without controlling the remaining 63m shares? They need to lock them up so we cant dump on low volume and blow their Nasdaq listings. I would say they want about 30m more for starters. That way they only need 90m to prop up the bid at 3 until listed but could probably prop it up with the $50m investment since we all wont dump at $3. Now with news earnings... it could hold its self but they need to get that done before the restrictions on Korean shares expire.
Just my opinion thumbed on my phone so please excuse any bad grammar, spelling or math errors.
Its a scare tacit when your down 100k from the high less than 2 weeks ago. but looking at the low volume the last few days all it will take is news or a few 25k ask slaps to move it back up to new highs. I think the 200k walls that go up are fake. some MM might have sold some shares they didn't have and they are covering before it runs back up.
I have saean some low volume walk ups before but never walk downs like this.
I tried flipping a few shares a few weeks ago. you can only sell 5000 shares if lucky hitting the bid. it takes time to sell 25,000. Then you wait until it drops a few cents and you only have 16,000 shares available on the ask to buy back a few cents cheaper. You still need to buy back 9000 + to make it worth your while and it can run at any time. Stresses me out too much to get an extra 1500 shares... the low volume walk down is too hard to play you will get burnt imo.
Hay Steven Ray Tickle, you buying again? Looking over sold.
We need days like today to shake weak hands and have Longface and Pi reload. Should attract more flippers as the chart moves to over sold. That will lead to more volume and put more pressure on Saean to get on with the share buyback, and Korean share exchange. Also a higher price per share will force some of us to take profits as it climbs above .25 since we are currently looking 50- 100k loss or more from our high of .247 as we sell and the flippers flip Saean will be buying back. With the pull back to .19 and a shake down to .14 if they did not trigger any stop losses they will let it climb again. Its obvious our shares are in strong hands.
I believe we will continue to trade on low volume with or without the name change. This is a pinksheet, shell company. without pinksheet flippers and pumpers the only ones buying are US that have done our DD and SAEAN IMO.
The large pump and dump groups and flippers are chasing quick gains where they can load and unload lots of shares. SAEAN is not letting that happen here.
This is NASDAQ bound and will have huge gains but not going to happen over night. It will be a very controlled upward move with lots of shake outs IMO. I'M holding for $$ not 100% gains every week.
Did i read that right?
"Additionally, the Company will focus on retrofitting used internal combustion vehicles to go completely green."
Can you retrofitting an internal combustion engine with a battery or fuel cell to make it completely green? What does SAEAN have up their sleeve?
Its coming they are getting desperate for shares imo. I have been trying to get in touch with the company or directed to their investor relations department to setup a call. Does anyone have Mr Sawyer's contact info? All i can find is his Lucas energy info. I'm very curious to see if they have an IR company selected.
Thanks
order of operation. PEMDAS (please excuse my dear aunt sally)
P
Parentheses first
E
Exponents
MD
Multiplication and Division (left to right)
AS
Addition and Subtraction (left to right)
Maybe its a catholic school thing. I just remember the nuns hitting us with a yard stick if we did it wrong. yelling.. please excuse my dear aunt sally
Please Excuse My Dear Aunt Sally -30
yep. Last desperate attempt to shake a few shares. I expect to see the next leg up any time now.