That filing is inconclusive. While we didn't see EMPM mentioned, we ALSO didn't see Saean Inc. mentioned. - We haven't seen ANY filings for 2022 yet. There's still 327M shares left that Saean can issue for mergers/swaps. EMPM OS is 195M (>64% Saean owns).
"Generally", once a company begins the process of becoming current, one can expect it to take a few weeks. Every company is different with unique circumstances. I've seen some companies drop several years of filings all in one night, while others have taken a few months. I don't see any reason for Saean to have started the process of becoming current w/ filings, financials, etc. UNLESS they intend to be trading PUBLICLY. As I understand, their auditor (PCAOB) is pretty much a requirement for uplisting. They've already started putting their new trading symbol (SEAN) on their youtube videos too. Once SEAN is current, they should start trading. -With that said, most of the shares seem to be locked up (restricted) at the moment. So, it doesn't "appear" Saean wants their stock trading until they are ready. I don't know what they are waiting for...SEC? Auditor? S-1? Something else? We only have a few pieces of the puzzle to work with, hence, we still can't form any kind of conclusions until we see more filings or official announcements.
I wake up every morning looking for the filings that pertain directly to us. Believing and expecting big things here...very soon.
All IMO.
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