Korean shares have NOT been restricted, yet...
At this very moment, a halt has NOT been placed on the trading of Saean shares in Korea. In fact, SAEAN shares in Korea are STILL able to trade through trading agents, as always.
The Company has stated that upon the time wherein VERIFIED REGISTERED KOREAN SAEAN SHAREHOLDERS (with proper documentation and identification or legal proxy paperwork) have reached, what amounts to be, 65% of those shareholders as having successfully processed the REQUIRED paperwork... THEN, and ONLY THEN, according to SAEAN's OFFICIAL releases, will SAEAN execute the transition of those shares into the American market under reverse merger; at a time of THEIR discretion. At that time, AND ONLY AT THAT TIME, the Securities & Exchange Commission will be OFFICIALLY notified, via a proper SEC filing, with an ACTUAL DATE of having converted the 10 for 1 Korean shares to American shares. At the time indicated on THAT awaited filing is when the "clock starts" on the restriction of the converted shares.
Sorry to burst bubbles here, but legalities are legalities. Until then, we will see the stock price churn up and DOWN. In other words, once it gets "real," then it will get "REAL..." My advice is just keep hitting on the lows and NEVER hit on the ask, because the price WILL churn up and down, AS IT DOES DAILY, until it gets "REAL..." Best regards to ALL...
AI
