Who would still start a business seriously after being reborn?

Chapter 328 Momo Group is in trouble
Panama!
Cheng Yi chose for a long time and finally chose Panama.

Panama, a bridge for global trade and a springboard for immigration, plus this country has visa-free access to 140 countries around the world, making it very suitable for him now.

Early the next morning, Cheng Yi and Cheng Jian flew to Thailand.

With the coordination of professional business organizations and the payment of a large sum of money, their identities were forged perfectly.

Cheng Yi and Cheng Jian are two stateless people who advocate freedom in Thailand. They have traveled to various countries in the world and chose to settle in Thailand because they fell in love with the beautiful Thailand.

Thailand doesn't bother to care whether their nonsense is true or not. After all, there are more than 440 million stateless free people in the world.

Besides, no one would go against $300,000.

With smooth sailing all the way, the two of them didn't even have to wait for a month to successfully apply for their Thai ID cards.

Looking at the 13-digit Thai ID card and the bearded photo of himself on it, Cheng Yi couldn't help but laugh happily.

Cheng Jian glanced at Cheng Yi's ID card and said, "You look like an Indian."

Cheng Yi glanced at Cheng Jian's ID card and said, "Yours looks good, just like a Yellow Turban Army soldier."

"My move is meaningful," Cheng Jian said. "The blue sky has died, and the yellow sky must be established. This means I will rise to prominence overseas."

Cheng Yi's name is Stephen Rebus, which means Stephen Rebus, a mysterious man.

Cheng Jian's name is Stephen Tony, which means Stephen Tony, a kind and noble man.

Cheng Jian had to stay in Thailand and wait for Atari to complete the transfer and grant him the identity, while Cheng Yi flew to Panama.

The mainstream language in Panama is English. Cheng Yi had been to Panama more than a dozen times in his previous life and was very familiar with the place.

It was very easy to become a Panamanian citizen during this period. One only had to spend $100,000 to buy a piece of territory and an estate, and then spend another $50,000 to invest in 20 hectares of forest, and he could become a part of Panama.

His identity was fabricated in detail in Thailand, including all his experiences from childhood to adulthood, such as the elementary school he attended in the United States, the middle school he attended in the United Kingdom, and the university he attended at a fake university opposite a world-class university. All were written very clearly.

Looking at the Panamanian permanent residence passport in his hand, Cheng Yi felt cheerful.

A new, independent and flawless Rebus was born, and the world seemed eager to be taken over by him.

He quickly passed his passport and other information to Huang Wenrong, who was still waiting for news in the United States.

As Lei Jun, he holds 100% stake in two companies, namely Atari Technologies Group and a British venture capital company called Grace Capital.

This venture capital company named Enze Capital was once one of the top ten investment companies in the UK. It was established in 1972, but it was a venture capital company after all. It was not until 1998 that Enze Capital declared bankruptcy because it could not bear the risks.

After the bankruptcy liquidation was completed, Enze Capital sold all its investment projects and buildings and cleared all its debts. After the liquidation was completed, they were left with only a name that was not considered to have a good reputation. In order to make a profit, the founder transferred all the company's procedures and brands for US$370 million.

From 1998 to 2001, the company was ignored until it met Huang Wenrong.

It is not an easy task to use Atari Group and Enze Capital to control the newly registered Momo Group.

First of all, the capital injection cannot be too deliberate. Once it is deliberate, it will be easy for overseas institutions to find out that it is an insider trading, which will greatly reduce the credibility of Momo Group.

So, he had to create an illusion.

This illusion requires that Momo Group is extremely short of money, and it has to search all over Handong Province but still cannot find a suitable investor.

At this time, Lei Jun's Enze Capital can come as a miracle worker and appear as the savior of Momo Group to save Momo Group from danger.

There is an important link here, that is, the debt ratio must be high.

It’s best to make ends meet.

He quickly contacted Lin Shengjie and Ji Yubing and began to accelerate the 1225 university computer room plan.

In order to promote the computer room plan in colleges and universities, Momo Group signed a supply and demand contract with Hong Kong Honor Computer Company, ordering 1300 Celeron 1 computers from Hong Kong Honor Computer Company at a price of yuan per set.

As soon as the 3.12 million yuan payment for the goods was deposited into the account of Hong Kong Honor Computer Company, Cheng Yi transferred the money into the account of Enze Capital through the account of Hong Kong Honor Computer.

After finishing all this, Cheng Yi pulled the head of the national Internet cafe expansion team into the Momo chat group.

Now, illegal Internet cafes have expanded to 1332 districts and counties, involving 214 prefecture-level cities.

Afterwards, Cheng Yi asked local leaders to start looking for four-story shops with good locations and low prices in 274 prefecture-level cities across the country, and buy them directly with full payment.

This time, another 4.36 million was spent.

After buying 274 shops, Cheng Yi immediately published the news in the newspaper, showing how strong Momo Group's muscles are.

Immediately afterwards, Momo Group signed a land purchase contract with the Shinan District Government Affairs Association, purchasing all 960 acres of commercial land north of Handong University Town, and began to build the Momo Building and commercial real estate supporting facilities.

"Brother, you can't do this?" Li Chengxuan said as he poured tea for Cheng Yi in the office of Handong Provincial Construction Group. "That piece of commercial land has been unused for years. You've seen the state of the first phase of the commercial street. Fortunately, your Momo Group has emerged, so it has added some popularity to the first phase of the commercial street. Before your Momo Group came here, it was really a deserted place."

Cheng Yi smiled and said, "It's the decision of the group's board of directors, and I can only listen."

Li Chengxuan said, "If you really want to get involved in commercial real estate, I can recommend some good locations for you. I guarantee you'll be able to sell them for a good price. But even if you develop the land on the University Town Commercial Street, you can only use it for your own use. It's difficult, difficult, difficult."

Li Chengxuan shook his head and said "difficult" three times in a row.

Cheng Yi put the planning drawings on the table and said with a smile: "Brother Li, you will do it no matter who you work for. I am relieved to leave this real estate project to you."

Seeing that he couldn't persuade Cheng Yi, Li Chengxuan had to pick up the planning drawings.

He took a look at the blueprint in Cheng Yi's hand and said in surprise, "What are you planning? 168 meters? You want to build a building that high? And this garden square-style commercial complex, your investment is huge."

Cheng Yi smiled and said, "I've calculated that it will cost about 5.7 million yuan to build."

"5.7 million is definitely no problem. If I give you a plan, 4.5 million is the maximum you can get it." Li Chengxuan murmured, "But have you thought about how to sell it? Even if you build it, if you can't sell it and it becomes a loss in your hands, then your Momo Group will be in trouble. Shinan District, despite its good environment, has ridiculously few commercial sectors. You're lucky to sell only five floors of this 168-meter building."

"Everything depends on human efforts." Cheng Yi said confidently, "Silicon Valley was originally a small town based on agriculture. It became the world's technology center because of Stanford University and Microsoft. Sooner or later, Handong University Town will also become the world's technology center because of our Momo Group. We can't rely on others to increase the land price. We have to rely on our own efforts." "..." Li Chengxuan was speechless after hearing Cheng Yi's words.

The increase in land prices depends on one's own efforts. This is the most outrageous thing he has ever heard.

Does this guy really think he is the Microsoft Group?

He's getting cocky. This kid is really cocky.

Li Chengxuan has seen too many people who became overconfident and inflated because of a temporary victory, and eventually lost their way in the pursuit of "buy, buy, buy, big, circle, circle, good, good", and eventually went bankrupt.

However, good words cannot persuade a damned ghost, and mercy without salvation will only lead to self-destruction. Li Chengxuan knew very well that no matter what he said now, Cheng Yi probably would not listen.

After all, Cheng Yi defeated Wu Tao and became the overlord of Xiaolingtong in Handong Province.

Anyone would be flattered if they could achieve such an achievement at such a young age.

Even Huo Qubing, who conquered the Wolf's Lair, was not immune to this.

Li Chengxuan sighed and said, "Okay, I'll take this project. I guarantee to complete it for you with guaranteed quality and quantity, but we need a 30% advance payment."

"No problem, I'll ask the finance department to transfer the money when I get back." Cheng Yi said, "Brother Li, this is a century-long business. You have to personally check the quality for me. There must be no quality problems."

"Don't worry, if anyone dares to cut corners, I will chop him into pieces," said Li Chengxuan.

"Thank you." Cheng Yi stood up and said with a smile, "Then I'll leave it to Brother Li. I'll arrange for the legal department to come and discuss the specific contract and subsequent details."

"Yeah." Li Chengxuan stood up and couldn't help but say, "Brother, you need to slow down now. The more you get to this point, the more you need to calm down."

"I understand." Cheng Yi smiled and said, "I'll go back and absorb it carefully."

Seeing Cheng Yi's indifferent expression, Li Chengxuan couldn't help but sigh.

After Cheng Yi returned to Momo Group, he arranged for the finance and legal departments to go to Handong Provincial Construction Group.

As soon as the finance and legal affairs staff left, Huang Wenrong's assistant Zheng Fang walked in. She looked troubled and said, "Mr. Cheng, our group's account is running low on liquid funds."

"Don't we have a monthly turnover of 500 million?" Cheng Yi asked curiously.

Zheng Fang said, "Our group account has a total of 8.6 million yuan. We've already spent 7.48 million yuan. If we pay the remaining 1.12 million yuan to the Handong Provincial Commercial Group, our account will be empty. Salaries are due in three days, and the total salary for all departments of the group is 1341 million yuan. We also have to pay a total of 7725 million yuan to our internet cafe joint venture partners, 3457 million yuan to Shengda Group, and 9048 million yuan in various expenses for the group."

Zheng Fang calculated everything one by one, and Cheng Yi was a little overwhelmed.

This burden is indeed not light.

Cheng Yi thought for a while and said, "We will first take out the 100 million credit line from Handong Commercial Bank to pay the salaries and various costs. We will wait a month for the joint venture partner. As for Shengda Group, we will put it on hold for now."

"Okay." Zheng Fang sighed and walked out of the office.

The originally excellent flow seemed to be on the verge of collapse after Cheng Yi messed it up like this.

"Hello, Mr. Chen, our joint venture partner fee payment for this month will be postponed for one month. Our group is now in a period of rapid expansion, and our cash flow has been slightly affected. In addition, we signed a minimum guarantee agreement with you, which means that we, the Internet cafe, will always be responsible for compensation." In the Momo Group Customer Management Center, dozens of customer service ladies were calling one by one to notify them.

"Why do you have to use our money for your expansion? This is the profit sharing agreed upon in the contract. You want to postpone it just like that? No, we have to pay on time!"

"Boss Chen, we can pay you interest according to the loan interest rate."

"No, if there's a first time, there's a second time!" The other party flatly rejected the proposal to postpone payment.

These franchise partners are all local bosses in various districts and counties. After a series of phone calls, only more than 200 partners agreed to the plan of postponing payment, while the other hundreds of partners all flatly refused.

[Momo Group’s capital chain is suspected to be broken! ]

[Momo Group's internet cafe joint venture business has been in a loss-making state due to its guaranteed minimum investment strategy!]

Are all profits in the hands of internet cafe partners? Momo Group is suspected of changing its partnership model.

The chairman of Momo Group approached 32 domestic investment institutions and was rejected by all of them. Momo Group's internet cafe guarantee model may not work.

Well-known investor Xue Man commented on Momo Internet Cafe: Opening an Internet cafe is not charity, and Momo Internet Cafe is doomed to fail.

The next day, major media outlets across the country began to publish news about Momo Group crazily.

The content of the news is nothing more than two points.

First, Momo Group's Internet cafe joint venture model has been losing money, while the partners of the joint venture Internet cafes are making a lot of money.

Secondly, Momo Group’s capital chain is about to break and it is very likely that it will not be able to sustain itself.

Third, investment institutions across the country have denied Momo Group’s business model.

At this time, Cheng Yi was lying on the sofa, happily flipping through the newspapers that still smelled of ink. He flipped through them one by one, and every newspaper contained news about their Momo Group.

This is simply free advertising.

Good news doesn't travel far, but bad news travels a thousand miles. Now, I'm afraid that one percent of the people in the country know the name of Momo Internet Cafe, and they also know that the model of Momo Internet Cafe is very beneficial to the partners of the affiliated Internet cafes.

As to whether this incident will have an impact on Momo Group, that is secondary.

The rise of a group must be accompanied by some gimmicks of this kind, such as the sensational news that Pony Ma plans to sell QQ for 100 million yuan. Although it is sensational, it attracts attention.

Cheng Yi thought for a moment, then took out a pen and scribbled a sentence on the newspaper: [The chairman of Momo Group came to beg Lei Jun for investment, and Lei Jun scoffed: Your industry has no investment value.]

Well... this would be even more perfect. Anyway, Lei Jun has already been accused of refusing to invest in Penguin. Now adding another hat of refusing to invest in Momo Group is no big deal.

(End of this chapter)