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Re: None

Friday, 12/10/2021 11:15:56 AM

Friday, December 10, 2021 11:15:56 AM

Post# of 18346
As I understand, ALL the lawsuits/litigation between EMPM/Saean are over with now. The Judge signed the final Dismissal Order on 12/8/21 (see pic at bottom). The Court docket should soon reflect lawsuit schedule being vacated/cancelled.

Also, noticed Saean Group Inc. filed an SI report on 12/4/21 (see pic at bottom).

IMO, this has been a unique legal situation where no one could file anything for "EMPM", though I did notice someone updated the phone number on 9/10/21 (see pic at bottom). That was done for some reason.

IMO, you won't see any "EMPM" filings/updates/NVSOS change "until" Saean is ready. The "current" officers indicated on NVSOS were removed in July via Court Order. So, it appears the NVSOS officer list is incorrect/invalid. I believe July, is when Saean regained control of their EMPM shell...of which Dr. Lee still owns at least 64.78% of the OS. IMO, Saean can do whatever they want with this shell, but on their timetable now.

I believe Saean will be using this shell for something, at some point. - - I don't see where they went public with any other entity yet...It's possible Saean goes public with another entity, and use this shell for something else. That part is not clear to me, or the timing of such.

I don't see the SEC matter as an issue. As previously stated, extenuating circumstances are clearly involved, as evidenced by the legal matter that just ended. Under these extenuating circumstances, I believe Saean is allowed variances that the SEC has in place under the new rules.

Saean's U.S. subsidiaries are all current per CASOS and NVSOS, with the exception of EMPM, for obvious reasons:

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=163125085

According to Saean's very recent Korean PRs, Saean will merge affiliated companies in America, Korea, and Japan. - Big Merger.
 
Saean's new business/corporate HQ is located in Calgary, Canada. I think there's strategic/business/tax reasons for that specific location being chosen for their Corporate/business office. I may post more on that later.

Based on a Korean PR back in April, it appears they've had plans for Canada and Las Vegas for a while.

Per Saean's Korean PR, in October, they recently signed MOUs with Canadian CPC and NASDAQ Register in North America. IMO, it "appears" Saean will be listed on both NASDAQ and Canada exchanges, which is good.

A memorandum of understanding (MOU) is a legal document describing a bilateral agreement between parties. It expresses a convergence of will between the parties, indicating an intended common line of action, rather than a legal commitment. Usually, the final step prior to moving forward with an action. 

With that said, I still don't know exactly how EMPM fits into all this, except that they now have control of this shell, as I understand. 

The recent Korean PRs from October/November mention something about listing after a Investor Relations Session in Qatar, whatever that means. 

I think this is the greatest climate that's ever existed for a EV/Technology company like Saean to come on the scene. Perfect timing. If they do this right, we could be amazed. Hoping!

I'm actually sitting on more notes from my research, which I may, or may not post. Still sifting through it all. 

Hoping we see something soon from Saean "directly" related to EMPM.

Maybe we see something happen now that ALL the legal stuff is out of the way? 

All my opinion. I don't claim to know everything, and some of my logic, or opinions may prove to be flawed, but let's just see what the final result is.




I can only provide my own speculation and theories. Everything I post is my own opinion. DO YOUR OWN DD!

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