UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q

(Mark One)

[X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the Quarterly Period Ended ~~May~~August 31, 2019

[ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from ______________ to ______________

Commission File No. 000-55962

EMPIRE POST MEDIA, INC.

(Exact name of the small business issuer as specified in its charter)

NEVADA		27-1122308
(State or other jurisdiction of incorporation or organization)		(I.R.S. Employer Identification No.)

2629 Regatta Dr, Suite 102

Las Vegas, NV 89128

(Address of principal executive offices)

(310) 472-5138

(Registrant’s telephone number, including area code)

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes [X] No [ ]

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). Yes [X] No [ ]

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, or a non-accelerated filer. See definition of “accelerated filer” and “large accelerated filer” in Rule 12b-2 of the Exchange Act. (Check one):

Large accelerated filer	[ ]	Accelerated filer	[ ]
Non-accelerated filer	[ ]	Smaller reporting company	[X]
Emerging growth company	[X]

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. [ ]

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act). Yes [X ] No [ ]

The number of shares of Common Stock, $0.001 par value, of the registrant outstanding at ~~July~~May 2231, 2019 was ~~195~~207,837,336.

TABLE OF CONTENTS

		Page No.
PART I.
Item 1. Financial Statements.		F-1
	Condensed Balance Sheets as of May 31, 2019 (Unaudited), and November 30, 2018	F-2
	Condensed Balance Sheets as of August 31, 2019 (Unaudited), and November 30, 2018	F-2
	Condensed Statements of Operations for the three months Ended May 31, 2019, and 2018 (Unaudited)	F-3
	Condensed Statements of Operations for the three months Ended August 31, 2019, and 2018 (Unaudited)	F-3
	Condensed Statements of Cash Flows for the three months Ended May 31, 2019, and 2018 (Unaudited)	F-4
	Condensed Statements of Cash Flows for the three months Ended August 28, 2019, and 2018 (Unaudited)	F-4
	Notes to Condensed Unaudited Financial Statements	F-5
	Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations	4
	Item 3. Quantitative and Qualitative Disclosures About Market Risks.	5
	Item 4. Controls and Procedures	5
PART II.
	Item 1. Legal Proceedings.	6
	Item 1A. Risk Factors.	6
	Item 2. Unregistered Sales of Equity Securities and Use of Proceeds.	6
	Item 3. Defaults Upon Senior Securities.	6
	Item 4. Mine Safety Disclosures.	6
	Item 5. Other Information.	6
	Item 6. Exhibits.	6
SIGNATURES		7
EXHIBIT INDEX		8

FORWARD-LOOKING STATEMENTS

This Quarterly Report on Form 10-Q (“Form 10-Q”) contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact are “forward-looking statements” for purposes of federal and state securities laws, including, but not limited to, any projections of earnings, revenue or other financial items; any statements of the plans, strategies and objectives of management for future operations; any statements concerning proposed new products or developments; any statements regarding future economic conditions or performance; any statements of belief; and any statements of assumptions underlying any of the foregoing. Although we believe that the expectations reflected in any of our forward-looking statements are reasonable, actual results could differ materially from those projected or assumed in any of our forward-looking statements. Our future financial condition and results of operations, as well as any forward-looking statements, are subject to change and inherent risks and uncertainties.

Forward-looking statements may include the words “may,” “could,” “will,” “estimate,” “intend,” “continue,” “believe,” “expect,” “desire,” “goal,” “should,” “objective,” “seek,” “plan,” “strive” or “anticipate,” as well as variations of such words or similar expressions, or the negatives of these words. These forward-looking statements present our estimates and assumptions only as of the date of this Form 10-Q. Except for our ongoing obligation to disclose material information as required by the federal securities laws, we do not intend, and undertake no obligation, to update any forward-looking statement. We caution readers not to place undue reliance on any such forward-looking statements. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual outcomes will likely vary materially from those indicated.

PART I.

Item 1. Financial Statements.

Pursuant to “Chapter 17 CFR, Section 210.3-11-Financial Statements of an Inactive Registrant” (“Section 210.3-11”), This Quarterly Filing ofOf The Financial Statements of the Company Were Not Reviewed by the Company’s Independent Auditors

EMPIRE POST MEDIA, INC.

Index to Consolidated Financial Statements

	Pages

Condensed Balance Sheets as of May 31, 2019 (Unaudited) and November 30, 2018	F-2

Condensed Statements of Operations for the three months Ended May 31, 2019 (Unaudited) and May 31, 2018 (Unaudited)	F-3

Condensed Statements of Cash Flows for the three months Ended May 31, 2019 (Unaudited) and May 31, 2018 (Unaudited)	F-4

Notes to the Condensed Financial Statements	F-5

F - 1

EMPIRE POST MEDIA, INC.

CONDENSED BALANCE SHEETS

	Un-audited
	August 31			Nov
	31-May-19			30-Nov-18
	2019			2018
ASSETS
Assets
TOTAL ASSETS	$	-		$	100
Current assets
LIABILITIES AND SHAREHOLDERS’ DEFICIT
Cash and cash equivalents	$	260,408		$	100
CURRENT LIABILITIES
Prepaid Expenses		4,000			-
Accounts payable		4,920			-
Total current assets		264,408			100
Accrued compensation officer		-			-
Long term assets
Judgment payable		-			-
Property, plant and equipment, net		-			-
TOTAL CURRENT LIABILITIES	$	4,920		$	-
Total long term assets		-			-
COMMITMENTS AND CONTINGENCIES, note 2
Total assets	$	264,408		$	100
SHAREHOLDERS’ DEFICIT
Liabilities and Stockholders’ Deficit
Preferred stock, $0.001 par value, 10,000,000 shares authorized, 0 shares issued and outstanding		-			-
Current liabilities
Trade accounts payable	$	(107	)	$	-
Accrued liabilities		12,680			-
Total current liabilities		12,573			-
Long term liability
Convertble Note Payable		310,000			-
Total long term liabilities		310,000			-
Total liabilities		322,573			-
Stockholders’ deficit
Preferred stock, $0.001 par value, 10,000,000 shares authorized, 0 shares issued and outstanding
Common stock, $0.001 par value, 400,000,000 shares authorized, 195,837,336 shares issued and outstanding		195,837			195,837
Additional paid-in capital		3,648			3,648
Additional paid in capital		3,648			3,648
Accumulated deficit		(~~199~~257,~~486~~650	)		(199,386	)
TOTAL SHAREHOLDERS’ DEFICIT	$	-		$	100
Total stockholders’ deficit		(58,165	)		100
TOTAL LIABILITIES AND SHAREHOLDERS’ DEFICIT	$	-		$	100
Total liabilities and stockholders’ deficit	$	264,408		$	100

See accompanying notes to the financial statements

F - 2

EMPIRE POST MEDIA, INC.

UN- AUDITED CONDENSED STATEMENTS OF OPERATIONS

(unaudited)

	Three Months Ended			~~Six Months Ended~~			~~Three~~Nine Months Ended			~~Six Months Ended~~
	31-May-19			31-May-19			31-May-18			31-May-18
	August 31						August 31
REVENUES		-			-			-			-
	2019			2018			2019			2018
OPERATING EXPENSES
Revenue
General and administrative		5,020			100			1,647			2,000
Service sales	$	-		$	-		$	-		$	-
TOTAL OPERATING EXPENSES	$	(5,020	)	$	(100	)	$	(1,647	)	$	(2,000	)
Total revenue		-			-			-			-
OTHER INCOME
Cost of sales
Gain on settlement of liabilities		-						53,675			53,675
Material		-			-			-			-
TOTAL OTHER INCOME	$	-		$	-		$	53,675		$	53,675
Total cost of sales		-			-			-			-
NET INCOME (LOSS) BEFORE PROVISION OF INCOME TAXES	$	(5,020	)	$	(100	)	$	52,028		$	51,675
Gross margin		-			-			-			-
PROVISION FOR INCOME TAXES		-						-
Operating expenses
NET INCOME (LOSS)	$	(5,020	)	$	(100	)	$	52,028		$	51,675
General and administrative		6,529			-			3,580			1,647
Basic and diluted income (loss) per share		0.00			0.00			0.00			0.00
Legal & professional Fees		11,950			-			16,870			-
Weighted average shares outstanding (Basic and diluted)		195,837,336			207,837,336			195,837,336			207,837,336
Wage expense		36,980			-			36,980			-
Total operating expenses		55,459			-			57,430			1,647
Net operating loss		(55,459	)		-			(57,430	)		(1,647	)
Other (expense) income
Gain on settlement of liabilities		-			-			-			53,675
Interest expense		(836	)		-			(836	)		-
Total other expenses		(836	)		-			(836	)		53,675
Loss before provision for income taxes		(56,295	)		-			(58,265	)		52,028
Net loss	$	(56,295	)	$	-		$	(58,265	)	$	52,028
Basic and diluted loss per share	$	-		$	-		$	-		$	-
Weighted average shares outstanding Basic and diluted		195,837,336			207,837,336			195,837,336			207,837,336

See accompanying notes to the financial statements

F - 3

EMPIRE POST MEDIA, INC.

UN- AUDITED CONDENSED STATEMENTS OF CASH FLOWS

	Six Months Ended			Six Months Ended
	Quarter Ended
	31-May-19			31-May-18
	August 31			August 31
CASH FLOWS FROM OPERATING ACTIVITIES:
	2019			2018
Net income (loss)	$	(5,020	)	$	52,028
Net loss	$	(58,264	)	$	(2,000	)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Changes in operating assets and liabilities:
Gain on settlement of liabilities		-			(53,675	)
(increase) in prepaid expenses		(4,000	)		-
Changes in liabilities - increase (decrease):
(increase) in accounts payable		(107	)		500
Accounts payable		4,920			225
(increase) in acrued liabilies		11,844			-
Judgment payable		-			1,422
(increase) in accured Interest		836
NET CASH PROVIDED BY OPERATING ACTIVITIES		(100	)		-
Judgement payable		-			1,500
NET INCREASE IN CASH AND CASH EQUIVALENTS		-			-
Cash used in operating activities		(49,691	)		-
CASH AND CASH EQUIVALENTS, beginning of year		100			-
Cash flows from investing activities:
CASH AND CASH EQUIVALENTS, end of year	$	-		$	-
(increase) in fixed assets		-			-
SUPPLEMENTARY DISCLOSURES:
Increase (decrease) Class A Preferred Stock		-			-
Interest paid in cash	$	-		$	-
Increase in common stock		-			-
Income taxes paid in cash	$	-		$	-
Cash provided by (used in) investing activities		-			-
NON-CASH FINANCING ACTIVITIES
Cash flows from financing activities:
Liabilities paid by shareholder	$	-		$	21,000
Proceeds from convertible note		310,000			-
Procedds from loan		-			-
Cash provided by financing activities		310,000			-
Net change in cash		260,309			-
Cash at beginning of the period		100			100
Cash at end of the period	$	260,409		$	100

See accompanying notes to the financial statements

F - 4

EMPIRE POST MEDIA, INC.

NOTES TO CONDENSED FINANCIAL STATEMENTS

~~May~~AUGUST 31, ~~2019~~2018

(UNAUDITED)

1.	ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Organization

Empire Post Media, Inc. (the “Company”) was founded in the State of Nevada on October 13, 2009 and has an office location in ~~Las~~Woodland ~~Vegas~~Hills, ~~Nevada~~California. The Company was previously in the business of providing post- production services to the movie and ~~television~~ television industry. The Company ceased operations and has been inactive since 2012. The Company was a publicly-traded company listed on the OTC Bulletin Board (“pink-sheets”). The last filing that the Company made with the SEC was its Form 10-Q for the quarter ended August 31, 2012. Even though the Company has not made any further filings with the SEC since 2012, the Company has continued to have some minimal stock trading activity. The Company filed a Form 10 registration statement with the SEC, which was declared effective on September 10, 2018. The company is subject to the reporting requirements as set forth in the Securities Exchange Act of 1934, as amended.

The Company’s board is now considering merging with another entity that has viable operations. As such, the existing company is not going to continue as a going concern after any merger. These financial statements do not contain any adjustments that would be necessary should the Company not continue as a going concern. There is no assurance that the Company will be successful in negotiating or closing a merger or acquisition with an operating company.

The unaudited condensed financial statements of the Company have been prepared in accordance with the Securities and Exchange Commission (SEC) rules for interim financial information. Accordingly, they do not include all the information and footnotes required by accounting principles generally accepted in the United States of America for annual financial statements. However, the information included in these interim financial statements reflects all adjustments (consisting solely of normal recurring adjustments) which are, in the opinion of management, necessary for the fair presentation of the financial position and the results of operations. Results shown for interim periods are not necessarily indicative of the results to be obtained for a full year. The balance sheet information as of November 30, 2018 was derived from the audited financial statements which are included in the Form 10. These interim financial statements should be read in conjunction with that report.

Going Concern

The Company has not generated revenues and has recognized net operating losses since its inception. The Company also has no working capital and accumulated deficit at ~~May~~August 31, 2019. These factors among others raise substantial doubt about going concern. Furthermore, as discussed above, the Company will not continue as a going concern in the event of a merger. The accompanying financial statements have been prepared on a going concern basis of accounting, which contemplates continuity of operations, realization of assets and liabilities and commitments in the normal course of business. The financial statements do not include any adjustments relating to the recoverability of the carrying amount of the recorded assets or the amount of liabilities that might result from the outcome of this uncertainty. The accompanying financial statements do not reflect any adjustments that might result if the Company is unable to continue as a going concern. The Company’s ability to continue as a going concern and the appropriateness of using the going concern basis is dependent upon, among other things, additional cash infusions. Management plans to raise additional shareholder contributions in order to fund its operations. However, there can be no assurance that the Company will be able to raise sufficient capital to continue with operations.

Cash and Cash Equivalents

For the purpose of the statement of cash flows, the Company considers cash equivalents to include cash and investments with an original maturity of three months or less.

Income Taxes

The Company accounts for income taxes under the liability method in accordance with FASB ASC 740, Income Taxes . Under this standard, deferred income tax liabilities and assets are determined based on the difference between the financial statement and tax bases of assets and liabilities using the enacted tax rates expected to be in effect for the year in which the differences are expected to reverse. Deferred income tax assets are reduced by a valuation allowance when the Company is unable to make the determination that it is more likely than not that some portion or all of the deferred income tax asset will be realized. The Company’s policy is to include interest and penalties related to unrecognized tax benefits in income tax expense. Interest and penalties totaled $0 for the three months ended May 31, 2019 and 2018. The company files income tax returns with the Internal Revenue Service (“IRS”) and various state jurisdictions. For jurisdictions in which tax filings are prepared, the Company is subject to income tax examinations by state tax authorities and the IRS for tax years through 2012.

F - 5

Deferred Taxes

As of ~~May~~August 31, 2019, total deferred income tax assets consist principally of net operating loss carry forwards in amounts still to to be determined. For financial reporting purposes, a valuation allowance has been recognized in an amount equal to such deferred income tax assets due to the uncertainty surrounding their ultimate realization. If not utilize, the net operating loss carryover is due to expire in 2030.

Earnings (Loss) per Share

Basic earnings per share are computed by dividing income available to common shareholders by the weighted-average number of common shares outstanding. Diluted earnings per share is computed similar to basic earnings per share except that the denominator is increased to include the number of additional common shares that would have been outstanding if the potential common shares had been issued and if the additional common shares were dilutive. Common equivalent shares are excluded from the computation if their effect is anti-dilutive.

Use of Estimates

The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect certain reported amounts and disclosures Management uses its knowledge of its business in making estimates. Accordingly, actual results could differ from those estimates.

Fair Value of Financial Instruments

Carrying amounts reported in the balance sheet of accounts payable approximate fair value due to their short maturity.

Recently Issued Accounting Pronouncements

Management has assessed the recently issued accounting pronouncements and has determined that none of these pronouncements have an impact on the Company’s financial statements.

2.	COMMITMENTS AND CONTINGENCIES

Judgment Payable

On April 3, 2014 the Company had a judgment assessed against them for $30,000. The judgment incurred interest at 10% per year. At November 30, 2017, the balance on the judgment payable, including accrued interest, totaled $40,981. On May 22, 2018, the Company agreed to settle this judgment payable totaling $42,403, including accrued interest, for $15,000. The Company’s shareholder paid for this settlement directly, resulting in a contribution ~~during~~from ~~the~~shareholder ~~year~~in ~~ended~~May ~~November 30,~~ 2018~~, and a gain on settlement of $27,403~~. The Company also settled certain of its liabilities with its service providers, which resulted in a gai of $43,565. The settlement amount of $46,635 was paid by the majority shareholder, thus was recorded as a capital contribution.

Legal Matters

From time to time the Company may be involved in certain legal actions and claims arising in the ordinary course of business. The Company was not a party to any specific legal actions or claims at ~~May~~August 31, 2019

~~Cancellation~~Convertible ofNote ~~Shares~~Payable, Net

~~During~~The ~~the~~Company ~~year~~has ~~ended~~raised ~~November~~various ~~30,~~notes ~~2018,~~over ~~the~~a ~~Company~~period ~~and~~of atime ~~consultant/shareholder~~for ~~agreed~~working tocapital ~~cancel~~requirements. 12The ~~million~~note ~~shares~~payable ~~held~~consists byof ~~this~~the ~~consultant~~following ~~for~~as ~~non-performance~~ of ~~services~~August 31, 2019.

Forgiveness of Debt

	August 31
	2019
Convertible Note at the option of the Holder
5% interest bearing unsecured note payable, dated August 10, 2019, due August 11, 2021	$	305,000
	$	305,000

~~During the~~The ~~year,~~Company ~~the~~recorded ~~majority~~an ~~shareholder~~interest ~~paid~~expense of $~~46,635~~836 onfor ~~behalf of~~ the ~~Company~~three inmonths ~~order~~ended toAugust ~~settle liabilities. The majority shareholder also forgave his accrued compensation totaling $18~~31,~~500,~~ ~~which is recorded as a capital contribution.~~2019

3. ~~RESTATEMENT~~ SUBSEQUENT EVENTS

The Company has evaluated events occurring after the date of the accompanying balance sheet atthrough ~~November~~August 3031, ~~2018~~2019, isthe ~~being~~date ~~restated~~the financial tostatements ~~present~~are ~~liabilities~~available ~~paid~~to bybe aissued. ~~shareholder~~Other ~~that~~than ~~was~~the ~~not~~events ~~previously~~set ~~included~~forth below, ~~and~~ tothe ~~adjust~~Company ~~the~~did ~~par~~not ~~value~~identify ofany material subsequent events requiring adjustment to the ~~common~~accompanying ~~stock~~financial statements.

Empire Post Media Inc signed a Convertible Promissory Note Purchase Agreement with Saean, Inc on August 12^th, 2019. The total aggregate principle of the note is $905,000. The initial note is for $305,000 which was sent to the company on the date of the agreement. These monies have been received and are reflected in the financial statements. The subsequent note is for $600,000 to be sent within 60 calendar days of the initial note. The monies for the subsequent note have not, as of the filing of these financial statements, been received.

On September 25, 219 Empire Post Media signed a promissory note with Saean, Inc for $150,000. The money being sent on the date of the promissory note. This note is payable on December 25, 2019. The note carries an interest rate of 6% per annum.

F - 6

3. RESTATEMENT (Continued)

The following table summarizes changes made to the balance sheet at November 30, 2018:

	Previously Reported						Restated
	November 30, 2018			Adjustments			November 30, 2018
ASSETS
CURRENT ASSETS
Cash		100			-			100
TOTAL CURRENT ASSETS		100			-			100
TOTAL ASSETS	$	100		$	-		$	100
LIABILITIES AND SHAREHOLDERS’ EQUITY (DEFICIT)
CURRENT LIABILITIES
Accounts payable	$	-		$	-		$	-
Accrued compensation officer
Judgment payable		-			-			-
TOTAL CURRENT LIABILITIES		-			-			-
COMMITMENTS AND CONTINGENCIES, note 2
SHAREHOLDERS’ EQUITY (DEFICIT)
Preferred stock, $0.001 par value, 10,000,000 shares authorized, 0 shares issued and outstanding		-			-			-
Common stock, $0.001 par value, 400,000,000 shares authorized, 195,837,336 shares issued and outstanding		39,105			156,732			195,837
Additional paid-in capital		134,745			(131,097	)		3,648
Accumulated deficit		(173,750	)		(25,635	)		(199,385	)
TOTAL SHAREHOLDERS’ EQUITY (DEFICIT)		100			-			100
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY	$	100		$	-		$	100

F - 7

3. RESTATEMENT (Continued)

The November 30, 2018 statement of operations are being restated to recognize the expenses paid by shareholder during the year ended November 30, 2018 and correcting the gain on extinguishment of liabilities during the year ended November 30, 2018.

The following table summarizes changes made to the year ended November 30, 2018 Statement of Operations:

	Previously Reported		Adjustments			Restated
REVENUES	$	-	$	-		$	-
OPERATING EXPENSES
General and administrative		1,647		19,038			20,685
TOTAL OPERATING EXPENSES		1,647		19,038			20,685
OTHER INCOME
Interest Expense		-		1,422			1,422
Gain on settlement of liabilities		76,143		(5,175	)		70,968
NET INCOME (LOSS) BEFORE PROVISION OF INCOME TAXES		74,496		(25,635	)		48,861
PROVISION FOR INCOME TAXES		-		-			-
NET INCOME (LOSS)	$	74,496	$	(25,635	)	$	48,861
Basic and diluted income (loss) per share	$	0.00	$	-		$	0.00

4. SUBSEQUENT Events

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).

F - 8

ITEM 2. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

This Quarterly Report Form 10-Q contains forward-looking statements. Our actual results could differ materially from those set forth as a result of general economic conditions and changes in the assumptions used in making such forward-looking statements. The following discussion and analysis of our financial condition and results of operations should be read together with the unaudited condensed financial statements and accompanying notes and the other financial information appearing elsewhere in this report. The analysis set forth below is provided pursuant to applicable Securities and Exchange Commission regulations and is not intended to serve as a basis for projections of future events.

Empire was incorporated in the State of Nevada on October 13, 2009. The Company was a development stage company engaged in the business of providing post-production services to the movie and television industry and the production of reality shows. The post-production services included both two-dimensional and three-dimensional formats and were offered on a collateralized-deferred basis to producers and owners of feature films; television movies, specials and series; short subjects and documentaries. We ceased all business activities on January 1, 2013.

WeOn ~~ceased~~June ~~all~~1, ~~business~~2019, ~~activities~~there onwas ~~January~~a 1change of control of Empire Post Media Inc. Saean, ~~2013~~Inc., ~~Since~~a ~~that~~Nevada ~~time~~corporation, webecame ~~have~~the controlling ~~been~~party ~~engaged~~of inEmpire ~~seeking~~Post toMedia ~~create~~Inc. ~~value~~Saean, ~~for~~Inc. ~~our~~installed ~~shareholders by~~a ~~merging~~new ~~with~~management ~~another~~team ~~entity~~which ~~with~~will ~~experienced~~pursue ~~management~~opportunities in the electric automobile/ATV industries and ~~opportunities~~the ~~for~~home ~~growth~~power inwall ~~return~~industries. Saean. Inc. signed a convertible promissory note with Empire Post Management for ~~shares~~$905,000. The first instalment of ~~our~~$305,000 ~~common~~was ~~stock~~received on August 11, 2019. A promissory note was also signed Nobetween ~~potential~~the ~~merger~~companies orfor ~~acquisition~~$150,000. ~~candidate~~These ~~has~~monies ~~been~~were ~~identified~~received aton ~~this~~September ~~time~~25, 2019.

WeAs doof ~~not~~August ~~propose~~31, to2019, ~~restrict~~the ~~our~~Company ~~search~~had ~~for~~not agenerated ~~business~~revenues ~~opportunity~~and tohad ~~any~~no ~~particular~~income ~~industry~~ or ~~geographical~~cash ~~area~~flows ~~and~~from ~~may,~~operations ~~therefore, engage~~since init ~~essentially~~ceased ~~any business~~ operations in ~~any~~January ~~industry~~2013. WeSince ~~have~~October ~~unrestricted~~19, ~~discretion~~2009 in(Inception) ~~seeking~~through ~~and~~August ~~participating in a business opportunity~~31, ~~subject~~2019 to the ~~availability~~Company ofhad ~~such~~sustained ~~opportunities,~~an ~~economic~~accumulated ~~conditions,~~deficit ~~and other factors. The selection~~ of ~~a business~~ ~~opportunity in which to participate is complex and risky. Additionally~~$257, ~~we have only limited resources and may find it difficult to locate good opportunities~~650. There can be no assurance that we will be able to identify and acquire any business opportunity which will ultimately prove to be beneficial to us and our shareholders. We will select any potential business opportunity based on our management’s best business judgment.

~~Our~~The ~~activities~~Company’s ~~are~~independent ~~subject~~auditors tohave ~~several~~issued ~~significant~~a ~~risks,~~report ~~which~~raising ~~arise~~substantial ~~primarily~~doubt asabout ~~a result of~~ the ~~fact~~Company’s ~~that~~ability weto ~~have no specific business,~~continue ~~and~~as ~~may acquire or participate in~~ a ~~business~~going ~~opportunity~~concern. ~~based~~The oncontinuation ~~the decision~~ of ~~management, which potentially could act without~~ the ~~consent,~~Company ~~vote,~~as ora ~~approval~~going ofconcern ~~our~~is ~~shareholders.~~dependent ~~The~~upon ~~risks~~financial ~~faced~~support byfrom usits ~~are~~stockholders, its ~~further~~ability ~~increased~~to asobtain anecessary ~~result~~equity offinancing ~~its~~to ~~lack~~continue ofoperations ~~resources~~ and/or ~~our~~generate ~~inability~~revenues tofrom ~~provide~~the asale ~~prospective~~of ~~business~~its ~~opportunity with significant capital~~products.

The most likely target companies are those seeking the perceived benefits of a reporting corporation. Such perceived benefits may include facilitating or improving the terms on which additional equity financing may be sought, providing liquidity for incentive stock options or similar benefits to key employees, increasing the opportunity to use securities for acquisitions, providing liquidity for shareholders and other factors. Business opportunities may be available in many different industries and at various stages of development, all of which will make the task of comparative investigation and analysis of such business opportunities difficult.

The search for a target company will not be restricted to any specific kind of business entities but may acquire a venture which is in its preliminary or development stage, which is already in operation, or in essentially any stage of its business life. It is impossible to predict at this time the status of any business in which the Company may become engaged, whether such business may need to seek additional capital, may desire to have its shares publicly traded, or may seek other perceived advantages which the Company may offer.

In implementing a structure for a particular business acquisition, the Company may become a party to a merger, consolidation, reorganization, joint venture, licensing agreement or other arrangement with another corporation or entity. On the consummation of a transaction, it is likely that the present management and shareholders of the Company will no longer be in control of the Company. In addition, it is likely that the officer and director of the Company will, as part of the terms of the business combination, resign and be replaced by one or more new officers and directors.

As of May 31, 2019, the Company had not generated revenues and had no income or cash flows from operations since it ceased operations in January 2013. Since October 19, 2009 (Inception) through February 28, 2019 the Company had sustained an accumulated deficit of $173,850.

The Company’s independent auditors have issued a report raising substantial doubt about the Company’s ability to continue as a going concern. At present, the Company has no operations and the continuation of the Company as a going concern is dependent upon financial support from its stockholders, its ability to obtain necessary equity financing to continue operations and/or to successfully locate and negotiate with a business entity for the combination of that target company with the Company. Management will pay all expenses incurred by the Company until a change in control is affected. There is no expectation of repayment for such expenses.

ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISKS.

Not Applicable.

ITEM 4. CONTROLS AND PROCEDURES.

Evaluation of Disclosure Controls and Procedures

We carried out an evaluation of the effectiveness of disclosure controls and procedures as of the end of the period covered by this report under the supervision and with the participation of our management, including our Principal Executive Officer and Principal Financial Officer, as defined in Rules 13a-15(e) and 15d-15(e) of the Securities Exchange Act of 1934. Based on that evaluation, our Principal Executive Officer and Principal Financial Officer have concluded that our disclosure controls and procedures as of May 31, 2019 were not effective to ensure that information required to be disclosed by us in reports that we file or submit under the Securities Exchange Act of 1934 is recorded, processed, summarized and reported within the time periods specified in the Securities and Exchange Commission’s rules and forms. The term “disclosure controls and procedures,” as defined under the Securities Exchange Act of 1934, as amended (the “Exchange Act”), means controls and other procedures of a company that are designed to ensure that information required to be disclosed by a company in the reports that it files or submits under the Exchange Act is recorded, processed, summarized and reported, within the time periods specified in the SEC’s rules and forms. Management recognizes that any controls and procedures, no matter how well designed and operated, can provide only reasonable assurance of achieving their objectives and management necessarily applies its judgment in evaluating the cost-benefit relationship of possible controls and procedures. Notwithstanding the identified material weaknesses, management believes the financial statements included in this quarterly report on Form 10-Q fairly represent in all material respects our financial condition, results of operations and cash flows at and for the periods presented in accordance with U.S. GAAP.

Changes in Internal Control over Financial Reporting

There have been no changes in our internal control over financial reporting identified in connection with the evaluation required by paragraph (d) of Rule 13a-15 or Rule 15d-15 under the Exchange Act that occurred during the three months ended May 31, 2019, that has materially affected, or is reasonably likely to materially affect, our internal control over financial reporting.

PART II.

ITEM 1. LEGAL PROCEEDINGS.

There are no legal proceedings against the Company and the Company is unaware of any proceedings contemplated against it.

Item 1A. Risk Factors.

In accordance with the requirements of Form 10-Q, the Company, as a smaller reporting company, is not required to make the disclosure under this item.

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds.

None

Item 3. Defaults Upon Senior Securities.

None

Item 4. Mine Safety Disclosures.

None

Item 5. Other Information.

None

Item 6. Exhibits.

(a) Exhibits.

Exhibit		Item

31.1		Certification of Chief Executive Officer pursuant to Section 302(a) of the Sarbanes-Oxley Act of 2002

31.2		Certification of Chief Financial Officer pursuant to Section 302(a) of the Sarbanes-Oxley Act of 2002

32.1		Certification of Chief Executive Officer and Chief Financial Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002

SIGNATURES

In accordance with the requirements of the Exchange Act, the registrant caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	EMPIRE POST MEDIA, INC.
Date: July 22, 2019	/s/ Jung Yong Lee
Date: October 21, 2019	/s/ Ian N. Dixon
	Jung Yong Lee, President and CEO (Principal Executive Officer)
	Ian N. Dixon, President and CEO (Principal Executive Officer)
Date: July 22, 2019	/s/ William Sawyer
Date: October 21, 2019	/s/ Tammy Billington
	William Sawyer, CFO (Principal Accounting Officer)
	Tammy Billington, CFO (Principal Accounting Officer)

EXHIBIT INDEX

Exhibit		Item

31.1		Certification of Chief Executive Officer pursuant to Section 302(a) of the Sarbanes-Oxley Act of 2002

31.2		Certification of Chief Financial Officer pursuant to Section 302(a) of the Sarbanes-Oxley Act of 2002

32.1		Certification of Chief Executive Officer and Chief Financial Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002

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