Reborn in America, I am a legendary short seller on Wall Street.

Chapter 104 The Cigar Club Trio (Seeking monthly tickets and recommendations)
After the market closed on Thursday afternoon, Larry noticed Mr. K standing in front of Paine Weber Securities Company, leaning against the exterior wall of the bar across the street, smoking a cigarette.

Larry knew that Mr. K had come to see him, so he put on his coat and walked out in a few steps.

Mr. K still had that faint air of nonchalance on his face. When he saw Larry, he smiled and said in a low voice, "Boss, I've got it sorted out..."

Larry waved to him and said casually, "I was just about to go see Logan, let's go together."

Mr. K looked slightly surprised, but then flicked away the remaining half of his cigarette and followed Larry to the street corner.

Larry flagged down a horse-drawn carriage there.

The two got into the carriage, and Larry instructed it to head towards Boston National Hospital in the East District.

On the way, Mr. K briefly reported to Larry that he had rented a 600-square-foot brick shop near the train station, approximately 55.7 square meters. The monthly rent was $24, paid in advance for one quarter. He had also arranged for his wife and children to stay in a nearby apartment.

Mr. K came here today to ask about the next steps.

Larry nodded and told Mr. K that they would make a decision after seeing Logan at the hospital.

Fifteen minutes later, the two arrived at the hospital.

There weren't many people in the ward. Only a few seriously injured patients were lying quietly on the bed, panting. Most of the beds were empty, and the area around Logan's bed was deserted.

Logan looked better than before; the thick bandage on his head had been removed, and he was able to sit on the edge of the bed and do some simple activities.

Logan looked slightly surprised when he saw Larry and Mr. K, but a smile quickly appeared on his face.

"How are you recovering, Logan?!" Larry smiled and sat down in the chair in front of his bed.

Logan smiled. "Much better! The doctor said I can be discharged this weekend! I just need to rest at home."

Mr. K didn't sit down, but stood there with a faint smile, teasingly saying, "You're quite the sly one, kid! You managed to dodge the sneak attack... When did you mess with the Rostan Gang?"

Logan looked annoyed and waved his hand. "Who wants to mess with those lunatics? Who knows where we went wrong?"

Mr. K took two steps forward, glanced sideways at the location of Logan's scar on his head, nodded, and said nonchalantly, "But judging from the location... they didn't want to kill you, just gave you a warning..."

Logan rolled his eyes at Mr. K, tossed aside his red hair, and retorted, "This is the second blow, okay? I dodged the first one; it was aimed straight at the top of my head!"

Mr. K frowned, a mocking smile appearing on his face. "...Oh, then congratulations."

Speaking of this, Logan's face showed a troubled expression. He snapped his fingers at Larry and asked, "Larry, do you have any cigars? I've been itching to get one..."

Mr. K's eyes lit up, and he came over as well.

Larry smiled slightly, took out a mahogany humidor from his pocket, took out cigars, and gave one to each of them.

Logan and Mr. K happily accepted the cigars, holding them under their noses and inhaling the wonderful cocoa aroma.

“Don’t smoke in the hospital.” Larry, who was also toying with a cigar, said to the two of them, “The last time we shared cigars was behind the old North Church. Since then, we’ve all had some strange experiences and each of us has accumulated some savings. I have a suggestion: let’s do some business together in the future.”

Mr. K didn't say anything, so Logan quickly sat up straight and asked, "What kind of business?"

Larry briefly explained his plans to open a convenience store, and Mr. K also gave Logan a general overview of the costs of opening the store, the supply channels he had learned about, and other relevant information.

Logan nodded, smiled at the two men, then turned to Larry and said, "I don't know anything about opening a shop, all I know is that I can make money by following Larry. If you say it's possible, then I'll do it!"

Larry nodded, then turned to Mr. K and asked, "What about the shareholding percentage? What are your thoughts?"

Mr. K pursed his lips, "I only have a thousand dollars, I can't come up with any more."

Larry turned to look at Logan, who shrugged. "I'll listen to you."

Larry nodded. He didn't want to invest too much; after all, this was the first project the three of them were running, and having too much personal equity could dampen the enthusiasm of his partners. Their first project should prioritize getting things done; that would be the foundation for future cooperation.

"You each contribute one thousand, and I'll contribute two thousand!"

Larry continued speaking, glancing at the two men.
“Mr. K just introduced the cost of opening a single store. If the property is just rented, $1500 is enough to open a small convenience store. Let’s open one to test the waters.”

Logan had no objection and immediately nodded in agreement, and Mr. K also nodded slightly.

For ordinary companies, the amount of capital invested is equivalent to common stock, which is similar to voting rights. This is a major issue related to equity distribution.

However, it is clear that neither of them intends to challenge Larry's shareholding in the newly established company.

Larry continued, "Regarding profit distribution, I suggest setting aside 20% as management shares. If there is a profit after deducting costs each year, 20% of the profit should first be given to the operators, and then the remaining profits should be distributed according to their shareholding ratio."

Logan was still confused when he heard the suggestion, but Mr. K immediately raised his head and squinted at Larry.

In fact, Larry prepared this specifically for Mr. K. If the convenience store project is to continue, it will inevitably be mainly operated by Mr. K. If the shares are distributed according to the equity ratio, Mr. K will not have much motivation to expand the business, which is not good for the long-term operation of the company.

Preferred stock is a very common type of stock in American companies that does not have voting rights but enjoys priority in profit distribution and company liquidation.

Mr. K thought for a moment and nodded heavily, "Okay, this allocation plan is very fair."

Larry nodded and said to the two men, “Okay, I’ll find a lawyer to design a shareholding plan and articles of association. After Logan is discharged from the hospital, we will pool the subscription funds according to the established shareholding plan. Gentlemen, this is the basis for our cooperation.”

Logan nodded in agreement.

The three discussed the convenience store's inventory and opening details for a while. Larry, noticing Logan looking tired after sitting for so long, winked at Mr. K and said...

"Logan, you should get some rest. There's no rush. We can talk about it after you're discharged."

Logan's face was a little pale. Holding the cigar, he grinned and said, "I really want a puff right now!!"

Larry chuckled, stood up, and waved to Logan. "We're leaving! Just don't let the doctor catch you smoking."

"Leave a pack of matches!" Logan shouted hurriedly.

Mr. K pulled a packet of matches from his pocket, tossed it into his arms, and said with a smile, "See you later, Mr. Stone! See you later."

Logan nodded with a silly grin, then lay down on the bed with his arms crossed and his head turned to the side.

Larry and Mr. K walked out of the ward side by side.

As they approached the door, a tall man in a surgical intern's uniform rushed over, pushing a cart full of medical equipment, and nearly bumped into the two of them.

Larry smiled apologetically and quickly made way for the doctor to pass.

Quite abruptly, in the instant he passed the doctor, Larry suddenly felt uneasy...

Larry slowed his pace and turned slightly to look back.

At the same time, Mr. K suddenly stopped and muttered, "I haven't paid Logan back the $20 yet..."

The two of them turned around at the same time, almost simultaneously.

At that moment, the tall man in the uniform of an intern surgeon entered Logan's ward and closed the door behind him.

Larry looked puzzled and was about to turn to ask Mr. K when he saw Mr. K reach into his pocket and pull out not twenty dollars, but a small, exquisite handgun.

(End of this chapter)