Chapter 99 A+ Pedal Company
I rushed back to New Jersey overnight, on the 24th, in the small meeting room of the suite booked by Song Ya, Hayden, Dilai, Song Asheng, Goodman all came, as well as Will Gardner and his female assistant.
"Boss, all the mortgage documents have been checked by the First Bank of New Jersey. As long as you fill in the number, they will issue the loan." Song Asheng put a document in front of Song Ya.
Song Ya filled in the number of three million and attached her signature.
Will Gardner miraculously lowered the purchase price from the 7 million offered by AW Investment Company to 5 million. However, because of the previous acquisition incentive agreement, Song Ya had to pay the other party nearly 670,000 in bonuses. Adding 5% of the purchase price is 250,000 yuan in legal fees, and some miscellaneous service consulting fees, Lockhard and Gardner Law Firm earned nearly a million dollars from him in just three days knife.
"Why don't you say that lawyers make a lot of money?" Song Ya sighed.
"Just treat it as 6 million to complete the acquisition, isn't it 1 million less?"
Will Gardner smiled and pushed a pile of documents over, "Warren Brothers Synthesizer's synthesized sound copyright library, fixed assets, employees, trademarks, all patents and outstanding orders are all yours."
Goodman and Song Asheng cooperated and helped Song Ya trial again.
4 million deposits plus 3 million loans, a total of 7 million, 6 million spent, and the remaining 1 million, Song Asheng will find a stock broker to buy stocks of Microsoft and related companies, this is Song Ya's first investment in software company.
"I plan to split it up again, and the copyright library will be incorporated into A+ Audio Company. The Warren Brothers Synthesizer Company will be divided into two parts. The newly formed A+ Pedal Company will leave five employees and one clerk, and inherit all the patents, trademarks and patents of the original company. Orders, use the existing equipment to complete the orders in the factory, and after the new factory in the Bay Area is completed, all will be relocated there. All the factory rent, remuneration and continued production costs that need to be used, as well as the cost of the new factory in the Bay Area in the future will be covered by this A new company mortgaged to the First Bank of New Jersey."
This is what he had discussed with Will Gardner before, and the eliminated production and office equipment will be handed over to the local auction company for auction.
"Did you find the executives at A+ Pedals?" Will Gardner asked.
"Roberto Clivell introduced one, the former sales manager of Warren Brothers Synthesizer Company. He was poached by other companies. This time I offered the position of general manager, a good annual salary and the expectation of shares. He is willing to come back, and after he comes back, he can instigate several old relationships to agree to send money." Song Ya replied.
"A good candidate." Will Gardner didn't have time to negotiate with AW Investment Company in the past three days. He bought several employees through various methods. Among the thirty-five members of the current union, at least twenty agreed to send them away. In addition to the defection of a local congressman who has some unknown connection with the First Bank of New Jersey, the deputy manager Weiser is no longer a threat.
"If you were willing to give Wyser a managerial position, it would have cost us a lot less energy and money," Will Gardner said.
Song Ya pouted, "No, I don't want to use this kind of person."
On the same day, I signed a contract with AW Investment Company to complete the acquisition. The new general manager of A+ Pedal Company also arrived the next day. The division and disposal of assets were also done step by step. All eliminated production and office equipment were marked one by one by the local auction company. I also called out, and by the end of the week, nearby factory owners and residents would be attracted to try to pick up the leak.
Weiser gathered a team of 200 people and gathered at the factory gate to demonstrate.
"We will never agree to pay wages! We want to work!" He took the lead in shouting, "The local councilor has also betrayed us! Follow me and go to the councilor's office!"
The crowd was about to move, and two police officers stepped out of the police car next to them, "Mr. Wise, your action has not been approved and authorized by the Warren Brothers Synthesizer Company union.
For an illegal act, please come with us...you have the right to hire a lawyer..."
Once the rights were read out, he was escorted into the police car from left to right.
The demonstrators looked at each other in blank dismay. Originally, most of them came purely to help or to join in the fun. Now, when they heard that the main trade union failed to pass, there was no fuss, so they dispersed one after another.
On the weekend, some assets were auctioned off, and the rest were disposed of cheaply to the local waste company. Song Ya returned hundreds of thousands of dollars in blood.
On Monday, March 4th, Song Ya officially announced in the newspaper that the Warren Brothers Synthesizer Company was closed.
There are only a few selected people left in the factory to maintain the order of the pedals, and they will move there as soon as the new general manager who goes to the Bay Area fixes the factory and equipment there. The non-technical parts of the pedals have also been bid, and a Xiangjiang trader has won the order. They will subcontract the production to Huaguo Shenxun's factory, and then ship it to the new factory in the Bay Area.
"Thank you for your trust, boss."
In the evening, Song Ya held a small reception, and Di Lai expressed his gratitude to Song Ya excitedly. After all, when he proposed the acquisition of the copyright library, he never expected that things would become so big.
"The copyright library I included in A+ Audio was converted into a loan from the A+ copyright and asset management company. You are still far away from achieving your profit goal." Song Ya reminded him with a smile.
"I get it, I'll do it right," DeLay promised.
"Very smooth!"
Roberto Clivell obtained 5% of the shares of A+ Pedal Company as he wished, for which he paid 150,000 knives in real money, "I wish us success." He raised his glass.
"Now the company is still carrying a loan of more than one million from the First Bank of New Jersey." Song Ya smiled and clinked glasses with him, not forgetting to warn him that even if this independent company becomes insolvent in the future, it will not hurt itself , after all, the main goal of the copyright library has been included in A+ audio.
Song Ya's personal mortgage loan was 3 million yuan, plus the A+ pedal company loan of more than 1 million yuan. These more than 4 million yuan loans directly changed the attitude of the local councilors. The money A+ Pedals lent out was used to relocate new factories, lay off employees, acquire raw materials and subcontracted components, maintain the company's operations, and develop new products.
"Business is all about gambling."
Roberto Clerville, who was born in a big family in Brazil, has the demeanor of a nobleman. Most of the rich in Brazil are white, but they are very low-key in the local area, and they like to spend their money in Europe and the United States.
"So..." he said, "It's time for me to put my energy back on music. Ms. Kelly's new album will be released in May."
"Oh yes." Song Ya was so busy these days that he realized that he was going to participate in David Letterman's late-night show in early March, and he hadn't practiced the song for a long time.
At this time, the phone rang, and it was Michelle's call.
"Look at the four major news stations (ABC, NBC, CBS, CUU)." She put it simply.
Song Ya found the TV, turned it on, and it was scrolling and broadcasting a video of tens of seconds. Four white policemen beat a black man violently with batons throughout the whole process, and the attack was very ruthless.
"This is a very serious incident of discrimination, and we are going to hold a solidarity event in Chicago." Michelle said.
"Okay, I will come back to participate then." Song Ya agreed.