Empire Post Media, Inc. (fka EMPM)

[Lhotse]

Here's all the DD you need:

1. They don't have a product.
2. They don't have facilities to manufacture a product.
3. They don't have employees to manufacture a product.
4. They have zero revenue.
5. They have virtually no assets. In the initial hearing, Kwon accused EMPM of auctioning off company assets and there wasn't much in the way of assets (just to give you an idea, an air compressor made the list).
6. Lee transferred large sums of money from Saean, Nevada to Saean, Korea to pay off investors in defunct Saean Energy. Money that was supposed to be used to fund EMPM.
7. Lee is in breach of contract.
8. Lee voluntarily gave up control of a company in which he is the majority shareholder.
9. No documentation regarding Korean shareholder swap.
10. Valuable time and money is being wasted on a lawsuit that (due to the corona virus) won't receive a proper hearing until after the new year. The judge mentioned that the case that should be one of the first to be heard, would likely be in February at the earliest.

Am I leaving anything out?

Oh yeah, Lee has too much selfish pride to settle for anything less than 100% of EMPM. This requires wiping out the bagholders (you and me).