Replies to post #2827 on Empire Post Media, Inc. (fka EMPM)

[rcaselli]

“On May 31, 2019, Peter Dunn, the sole officer, director and controlling shareholder of the Company sold 126,855,000 shares of Common Stock to Saean, Inc, a Nevada corporation, which represented controlling interest in the Company. On this same date, Peter Dunn resigned as sole officer and dire tor of the Company and named the following individuals as the new officers and directors of the Company: Jun Y Lee (President and Director), Ted Campbell (Secretary), and William Sawyer (treasurer).”

[skichic]

The Q was as of May 31st, 8K was filed in June.

[Quintessence]

My 2 cents: At this point, EMPM is still a shell. We know that Saean, inc. bought EMPM and that Jung Yong Lee is now president of the company. We do not yet know exactly what they will do with the shell, but they must have something in mind. They may use it to take Saean Motors (or maybe part of it) public in the U.S. They are keeping EMPM current by filing Qs, which indicates they have plans for it. Reverse mergers are often preceded by Chang in Control filings, like the 8K. I expect they'll file another 8K with merger or acquisition news at some point. Getting closer...