Empire Post Media, Inc. (fka EMPM)

[faceoff]

Hi Pi,

I am concerned. it is a note. as far as i can tell it all converts at .03 conversion rate. The note will not be paid out of Saeans restricted shares, and i have never seen a note paid with shares bought back at market.. Of course they will be diluting. The first $300,000 was paid back in mid August. Right along with the high volume.

However these shares are going to Saean inc who is merging with Saean ev (empm). these diluted shares will be restricted.

Now with the addition of new shares Saean's percentage of ownership goes up along with what Chen is stating about the 80% ownership.

Also Saean had to pay EMPM management's payroll and fees for filings and any other operation expenses without writing a check out of their accounts since the merger has not happened yet.

The good news is Saean can retire these shares after the merger is complete to drive up price... The total shares the note added are a little over 30m once converted.