Reborn in America, I'm serious about making money.
Chapter 225 Boss Li Wants to Invest in PRICE
The success of the TV series immersed Zhang San in happiness. He not only gained wealth and fame, but also, of course, "love," although all of these were inseparable from wealth and success as a foundation.
However, that morning he received a message that his PRICE ON LINE had a new shareholder. Why was it said to be his, and not someone else's?
In the beginning, he invested heavily in Internet companies. In order to hide himself behind the scenes, he effectively split all the company shares, diluting the shareholders' shareholding through angel investment and then Series A, B, and C financing.
After dilution, the largest shareholder's stake fell below 10%, and each round of financing involved investments from multiple different funds.
After this series of maneuvers, the remaining shareholders could cash out and leave within a set timeframe. To cover up this operation, many public funds were even established to take over the shares.
As for whether the investors in these funds will eventually hold them accountable, Zhang San doesn't care. Before it started, he had told them that everything would be done via email notifications.
Although this is suspected of insider trading, Zhang San has never met or interacted with these people. The entire operation was carried out through intermediaries whom Zhang San has never met. There is no evidence at all, and no one can investigate him or even sue him.
Moreover, after they take over, they are also instructed to sell. If they receive the email and immediately follow the instructions, then even if they sell at a lower price according to Zhang San's advice, they will at least not lose money, and they will also become famous.
This is not without reason. If you make money when all funds are making money, it doesn't show your ability unless you make more than others. If you make less than others, then you are just one of the ordinary people.
However, in a bear market or stock market crash, if you don't lose money, that's a different story. If everyone else collapses and you're the only one who survives, then you're the coolest one around.
Of course, if you falsify accounts, engage in insider trading, or use some other method to pocket the profits in this situation, then you are also a remarkable person. As long as it cannot be detected, you are as pure as a baby.
Now, Zhang San discovers that the course of history has not changed. For example, now Boss Li has his eye on PRICE ON LINE, which follows the same trajectory as in history.
"Now, welcome our new director, Mr. Li from Hong Kong." A white director introduced Mr. Li to the other board members.
This director was clearly "convinced" by the other party, whether it was by their financial power, their character, or something else; in any case, he was convinced.
At the board meeting, enthusiastic applause broke out, which surprised Boss Li. Why were they welcoming him so warmly? But after all, he had weathered many storms and seen all sorts of things.
Back then, he was so full of pride when he bought the HK$4 billion Hewang for HK$60 million. But what awaited him after he took control of Hewang? Was it Wei and Li trying to seize power and sideline him? Was it the hypocrisy of those foreigners? Or was someone waiting to see him make a fool of himself?
Are you scared? Of course not.
His strategy of biding his time and strategizing in the past allowed him to eventually control the King and become the cornerstone of Hong Kong's rise to power.
Things are completely different now than they were then. These people are nothing but trash. Otherwise, how could PRICE ON LINE, a company like this, have been turned into such a mess by these people?
His appearance in North America today, besides being due to fading from the Hong Kong spotlight, is also to revitalize this internet company and let people know that he, the number one figure in Hong Kong, is still as sharp as ever.
He wanted to use this company to prove his strength and let them know that his ideas were still far ahead of the curve.
"Since everyone is here today, I happen to have a proposal. Mr. Li currently holds 30% of POL's shares, making him the largest shareholder. Now, let's vote to elect our new chairman of the board, who will become the new CEO."
The white man who had just introduced Boss Li tapped on the table, drawing everyone's attention, and then announced the proposal.
The former CEO gave the white man a somewhat malicious look, but since the other party had said so, he did not object. He and the other board members exchanged glances and made eye contact.
Then he said, "Of course, that's your right, I have no objection."
"OK, let's start the vote. I believe we need a new leader to guide us to success."
The board secretary began tallying the votes and the number of shares held. A dozen minutes later, the voting results were in.
The former CEO, holding the results, shrugged at Boss Li and his associates, then looked at them again and said with some regret, "This is really bad news, Mr. Li, you were not elected."
He gave the voting results to the meeting secretary and asked her to announce the results.
"A total of 8 directors attended the board meeting, and all 8 were present, holding 71% of the shares. The vote did not exceed two-thirds, therefore, the vote was not passed."
As soon as the secretary finished speaking, the most disappointed person was Boss Li. He couldn't understand why the 30% shareholding hadn't been approved, which puzzled him and dampened his enthusiasm for making great strides in North America.
Since he reached his bottleneck in Hong Kong, a small place, and fought his way out of such a breeding ground, he was naturally no ordinary person.
Faced with this situation, he could only accept his fate. However, even though he was no longer the CEO, he remained a major shareholder, and he would still have opportunities after the company went bankrupt.
"Now we're voting on another matter. Our company is in trouble right now, and we're going to merge with another company, another ticketing company. The thing is, because we have too much debt, our company no longer needs to exist. Another company is going to merge with us. They are going to trade us for cash or stock. Now, everyone is making a choice between cash and stock."
"Now, we vote: in cash, at market price, at $1.2."
Apart from Mr. Li, everyone else raised their hands. Mr. Li felt like he had been tricked by the Americans. How could they play like this?
"Since everyone has agreed, the money will be transferred to your accounts shortly. Meeting adjourned."
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