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I am the guy (Ruell) that sent a message to his LinkedIn account. Of course its illegal to give insider information. however he seems to be very smart....it was not illegal for him to give me his saean email address ... i personally thought that was a good sign if you know what i mean
no need to worry about a earnings report. There is a PIPE that is going to inject Korean investor money. They are probably going to filter in the PIPE over 2 days. Somewhat similar to what beyond meat did. also like beyond meat pipe investors cannot sell for 6 months. the beautiful thing about is that it ensures tge stock stays over the price needed to uplist to nasdaq. and since the majority of the shares are held by empm (specifically dr lee)... i believe they have ensured that a selloff will not prevent them from uplisting. btw sawyers shares even further ensure this
One part of the korean post. (which i let google translate) he says:
Soon after the listing and the end of the protection period, the big picture of the above is the end of the big picture. After the elections in the US, the US economy and the stock market are likely to come together, so it is likely that Saean will be in a soft landing.
(And the part I am most interested in(Me the poster to the hub not the Korean investor)) And the stock and investments of Saan INC are the above-mentioned US dollar assets. Its's and encouraging story, but it's already over 1220 won for a dollar....
So he says its already over a dollar. I looked it up 1220 won is Korean currency that amount (1220 won) converts to a dollar. So given that it is .04 cents now, I am assuming he already knows that the PIPE will bring this over a dollar and that doesn't even count day traders who play momentum and will push it further. I am excited. Wish I had more to invest.
I ADDED!!! Someone in retail hopped out and let the door down. Not too long after i got 9s someone put a 12 5k block up.
Nice yahoo article on this one.
https://finance.yahoo.com/news/options-traders-betting-big-move-141302867.html
And the short interest is high so this guy could fly.
https://finviz.com/quote.ashx?t=srne&ty=c&ta=1&p=d
https://fintel.io/ss/us/srne
If it gets any volume up those shorts will be squeezed and it will go to the moon
Thanks but i did extra research qualigen is reverse merging into RTTR. The post i looked at said it the other way around and that confused me. I thought why would a listed company reverse merge into another company. But i got it now qualigen ( a private company is reverse merging into rttr)
I am new to trading. If rttr is merging into another company then why does that make them valuable
Also if you go to Saean main site they list headquarters in Las Vegas, NV USA. They are moving all companies under the EMPM/Saean umbrella.
Dude Karen is listed as CEO in the latest press release. She was given preferred shares in the last financial report. She is in almost every instagram post!!! Come on buddy you are really hurting your credibility!!! At least say things that have valid proof!! My goodness!!
nice new statements wonder why they didn't hit otcre yet?
Can you post the filing because i don't see merger in the filing I have.
Just adds the Berends prefered shares.
Yeah the outstanding shares were 219, but in the old financials we just got it mentions the Berends and Sarah Marlaquias receiving preferred B shares I think it is.... so I believe that is the change.
otc markets shows the date of the last verified OS... so I understand why you are saying we don't know.
not current and dark are two different things.
They are "not current"status NOT dark status. This filing shows us they are going to get current sooner rather than later.
we have movement, mms are not blocking that's weird. perhaps letting it run due to the January 31 completion of the Korean share swap.
os is 219 million NOT 10 billion come on now stop the silly talk!
hey Chen are you basing that on the tweet? why do you think financials will be Monday?
The share structure is great no need to rs there only 219 mill outstanding.
a filing just hit otcre.
work won't let me view it though. can someone post it.
The post on 12/31 was that the Korean shareholders completed the swap. If you go back one page someone has a link to it
someone should remove the preferred c stuff on this page.
hello I have been checking out this ticker too. If Rl.cf is rolls Royce why does rycef and rycey exist. please explain this to me?
I think Ian getting that filing done on the last day may have gotten him let go.
can someone copy and paste the translation and post it please. my work is blocking the Korean site!
According to the article he has backed BYD since 2008. So it's old news. SAEAN wasn't around at that point. And Chinese companies may not impact any company in Korea. Plus as we have learned from the DD SAEAN wants to have a footprint here in the US and I believe Malaysia and of course Korea.
Yeah, I noticed that as well. Maybe this means this name change is coming next week.
that's fine I will just add more!!! ??
One thing to note:
From today's PR.... I think this is the first time EMPM was publicly called Saean EV.
It won't hold anything up.
If you look at the 10-q. The signatures were dated the 21st of October. Maybe OTCMARKETS didn't get it until the 22nd but it was within the needed time even though it was the day it was due.
That is good news further confirmation that next week should be THE week!!!!
Thanks Chen, Thanks everyone else as well.
So to confirm Chen you believe the PIPE will bring the price to above a dollar and liquidity will push it to 3 dollars.
Everyone what do you mean when you say the PIPE was set at 0.50? Does this mean when the PIPE is processed or done or however that works. It would be as if 132,000,000 restricted shares were purchased at .50?
If so I guess again how does that effect the price per share. Then that would push it to .50 cents right?
Would that contradict what you said Chen? Just wondering how that relates to the thought that the PIPE would push past a dollar.
Thanks.
Question Chen,
Will the PIPE effect the price. I have been reading about PIPE but one thing I am not clear about is will/how restricted shares effect the price?
If so shouldn't the PIPE take the price to 3.00 PPS on its own? And since the restricted shares can't be sold for 6 months. That gives the required time for the transition to NASDAQ? Since the price needs to be above 2 or 3.00 for 3 months for the approved transition to NASDAQ?
Thanks
Excited to see the lack of action
For me it means that all the daytraders have been shook off just like the MM's wanted and/or the float is locked! So the Name change must be coming soon.
Too Bad for me.
I wanted to Grab some more shares on Monday when my funds clear! :)
NOW GREEN
Did new news come out?
Why would they spend money on another shell after they've invested so much in this shell and have gone through the process of filing like tons of 8 K's I don't understand why they would do anything like that. Some people may be irked that you were making comments when there's been information given proven DD that shows why the shell was used and proves that the shell was being used before the actual 8K came out verifying that the officers we're who they were from previous DD. To come out and say they could buy another shell with no DD behind it seems rash and goes against everything that has been shown on this ihub for months
That's exactly what I have seen...
Based on all the DD that has been posted here over I believe the last 3 months that is what I have seen all has gone exactly as planned and as people in the group have provided accurate and proactive information for, so thanks for the polite confirmation.
Must be Trolling
Why do you think a shakedown to 0.04 is happening? I see I have been watching your comments and they are very bipolar...(not the mental condition but literally two opposite ends of the matter) like one minute you are saying you are buying and the next MMs at 0.04 cents. You have been given and shown valid DD with links and explanation.
So do you have any links or validity for your 0.04 comment?
The news doesn't worry me.
Everything about the company has been proactive and not reactive. So it makes sense to me that they would inform the public before this catalyst.