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LAS VEGAS, NV , Sept. 26, 2019 (GLOBE NEWSWIRE) -- Empire Post Media, Inc. (OTC: EMPM) (“EMPM or the “Company”), is pleased to announce the initial meeting with SAEAN Motors, a South Korean Electronic Vehicle Company, headed by Mr. John Lee in Las Vegas, NV on the 24th of September, 2019.
The company hosted Mr. John Lee at its headquarters in Nevada, to discuss a pending collaboration agreement with EMPM, (EMPM will be filing its name change shortly) to SAEAN EV Motors Inc. Mr. Lee has agreed to join the team as a consultant for EMPM on patent designs and future electric vehicle development. This will include design, efficiency, and technology adaptation in the EV industry. In principal, both parties have agreed to work together on various avenues of endeavor in the EV business.
The Korean Group toured the future facilities of EMPM instilling confidence in the future with the progress made to date. We will be announcing more information in the future as developments occur and keep our investors up to date as much as possible during these times of transition and growth.
“This was a great step towards future collaboration and we look forward to working with the SAEAN Korea Group on the many aspects of the EV industry. We are delighted to have a team of their caliber to work with in a growing industry with enormous potential,” stated Ian Dixon, President of EMPM.
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Certain statements that we make may constitute “forward-looking statements” under the Private Securities Litigation Reform Act of 1995. Forward-looking statements include information concerning future strategic objectives, business prospects, anticipated savings, financial results (including expenses, earnings, liquidity, cash flow and capital expenditures), industry or market conditions, demand for and pricing of our products, acquisitions and divestitures, anticipated results of litigation and regulatory developments or general economic conditions. In addition, words such as “believes,” “expects,” “anticipates,” “intends,” “plans,” “estimates,” “projects,” “forecasts,” and future or conditional verbs such as “will,” “may,” “could,” “should,” and “would,” as well as any other statement that necessarily depends on future events, are intended to identify forward-looking statements. Forward-looking statements are not guarantees, and they involve risks, uncertainties and assumptions. Although we make such statements based on assumptions that we believe to be reasonable, there can be no assurance that actual results will not differ materially from those expressed in the forward-looking statements. We caution investors not to rely unduly on any forward-looking statements.
Empire Post Media, Inc.
Las Vegas, Nevada