0855 Become One with Me
After Lynch hung up the phone, it took two or three minutes for Mr. Patu to return to the table and sit down.
He gave Lynch some time to think about the information he had just received on the phone. This was a courtesy and a form of education.
Of course, one person's upbringing cannot be used as a standard that covers everyone's behavioral rules, because everyone is in a different social class, and they treat the world and the world treats them differently.
You can't ask a worker to take care of the two or three minutes you need to process this information. They may not even choose to avoid it before you answer the phone, but look at you carelessly.
So when you look at them, they will ask inexplicably, "Aren't you going to answer the phone?"
Educated people will certainly make people feel like they are standing under the warm sunshine of March, enjoying the warm spring breeze blowing on their faces, but those who are uneducated may not necessarily be in the cold winter.
uncertain!
"Mr. Wardrick's call..." Lynch smiled and proactively talked about the phone call, "Where were we talking about just now?"
Mr. Pattu’s attention was obviously taken away by the name “Mr. Wardrick”, and it took him two seconds to react, “I don’t mind paying all in cash, and of course cross-shareholdings are also possible. "
"As long as it allows me to complete my investment in this company, any method is negotiable."
Originally, Mr. Pattu planned to "purchase" Lynch's shares in cash and equity, but now he added that he was willing to pay all cash.
It is actually very common to exchange shares to obtain shares of other companies. This can effectively convert company shares that cannot be counted as cash into usable wealth without causing selling, saving these capitalists a lot of money. time and cost.
But this kind of transaction itself... actually has many limitations, which does not mean that it is necessarily good and suitable for every situation.
Especially when the other party is someone like Mr. Patu or Mr. Wardrick, you have to be even more cautious.
There are no big restrictions on the use of money, but shares are different.
One million in cash can be used however you want, whether it is to save girls in need until the last dollar is spent, or to use it for other personal enjoyment, that is personal freedom. choose.
No one can refuse a person to spend his own money on a girl in need of help. The most they can do is verbally condemn these people's attitude towards life.
But shares are different. It is not easy for large companies, especially listed companies, to liquidate their shares. If the amount to be liquidated is relatively large, they must inform the exchange in advance.
Shareholders of a certain company must inform the exchange of how many shares they intend to liquidate, or if the rights to shares have been transferred, at least one day in advance, otherwise the relevant departments will launch an investigation into undeclared equity changes.
This is in place to prevent various financial crimes, although sometimes real financial crimes have enough ways around this problem.
In addition to these, there is another problem. Suppose Lynch agrees to Mr. Patu’s request and obtains the shares of Xingmengdie Group.
However, whether the shares in his hands are liquidated or transferred, they must first obtain permission from the group company's board of directors. This is a way for big capitalists to eat people.
Almost all consortiums and large group companies in the Federation have similar regulations to bind board members. Once a shareholder holds more than 3% of the shares, the realization and transfer of shares must be approved by the board of directors.
It may sound a bit unbelievable. After all, this is a very personal matter, but the board of directors has its own opinion.
And before acquiring the shares of these consortiums, certain things will be written in the contract.
This not only provides capitalists with an effective method of self-protection, but also provides them with a way to "eat people" by using the shares of their own group companies to eat people!
I exchanged one million shares for all the shares of your company with a market value of only half a million. It seems like you made a profit?
Not only did his assets increase from 500,000 to 1 million, but he also indirectly enjoyed perhaps a few thousandths or a few ten thousandths of the original company's shares.
But this is not actually the case. When the board of directors refuses you to liquidate or transfer your shares, whether you will go hungry depends entirely on whether the capitalists suddenly become kind-hearted.
There have been many such cases in the history of the Federation. A large company swallowed up a small company by exchanging shares. The founder of the small company declared personal bankruptcy before he could reach the peak of his life.
Because there is a stipulation in the agreement they signed that liquidation and transfer are prohibited within a certain period of time after the exchange of shares, otherwise huge compensation will be paid.
After forcing these small businessmen to death through other means, the company gave priority to buying back his shares at a very low price in accordance with the supplementary terms of the share transfer contract.
Some companies will even specify a price for repurchasing these shares in the addendum, and they rarely hide their greed.
In this way, perhaps at almost no cost, they plundered one small company after another.
Some people may ask, wouldn’t it be enough to reject them?
This question... is sometimes difficult. First of all, many people cannot resist the desire to get rich overnight.
The only way and standard to realize self-worth in the Federation is to make oneself look like a "successful person", that is, a rich person.
Secondly, the commercial struggle is much more bloody than people imagine. It is not romantic at all, and there is no respect for the enemy.
This is proven by every person who lost his family and his family in the business war and finally chose to jump off a building to end his life.
Even if people know there are traps, sometimes they have to jump into them.
The cash after exchanging shares is another kind of protection.
At this time, after thinking for a short time, Mr. Patu offered a method of cash investment. Of course, although the cash he mentioned was cash, it was not cash that was brought in at once, but in batches.
Lynch did not agree immediately, "My control over the company will be reduced if too much equity is given away, but we all know that I cannot refuse some investors. Among the shares I can give out, who holds how much? It’s not something that one of us can decide.”
Mr. Pattu nodded, "You mean you want to hold the key vote?"
Lynch nodded and did not deny it.
"But if you do this, it will definitely cause some dissatisfaction. You can actually accomplish this in other ways, for example, I will stand on your side."
Lynch couldn't help laughing when he heard this, and he asked, "Do you believe it yourself?"
"At least at this moment, I believe I can do it!"
Lin Qi shook his head, saying it was as if he didn't say it.
It is very common for founders in Federation to be kicked out of the decision-making level and even the board of directors by shareholders. No one can ensure that their own interests are with the founders at all times.
Rather than relying on others, it is better to hold the key votes.
According to the rules of federal law, any major vote must be approved by a majority of people. So what is a majority?
This is a relatively complicated concept, because the people who first established the concept of "majority" themselves were not sure what to call the majority.
So they came up with a simple method, found some people, and gave them a point.
If there are only two people, no one can convince anyone. There is no majority.
When there are three people, if two people stand together, then they belong to the majority.
In other words, the majority should be more than 50 percent, but not too much.
Finally, with the help of some mathematicians, it was determined that the concept of "majority" must exceed 66 percent.
In other words, Lynch must hold no less than 34.1% of the shares in order to hold the "key vote."
As long as he doesn't agree with something, the board of directors can't force it to pass.
He holds 34.1% of the shares, and can only get 65% out of it. If you include the inevitable listing plan in the future, the shares that can actually be divided up by others are less than 100%. Thirty points.
Too little and investors will surely be dissatisfied.
Secondly, all investors don’t like someone holding key votes. This will make them feel that their money is wasted and they can’t take action on the companies they invest in.
This is precisely a very core issue. Lynch does not want to lose the power in his hands, because he can see through the fog and see the future, but others cannot.
In silence, Lynch seemed to have thought of a more suitable method.
"Mr. Patu, I have another plan that may interest you."
Mr. Patu sat very upright. Regardless of whether he was a noble or not, his behavior was in line with the behavior of nobles. "Please speak, Mr. Lynch."
“We split the rights of shares into ‘rights’ and ‘profits’. You can get the shares you want, but these shares have no rights.”
"In other words, you can sit on the board of directors, but you don't have the right to vote..."
Mr. Patu shook his head at first, "This is not allowed...", but when he said this, he did not continue, but frowned and thought.
He subconsciously wanted to reject Lin Qi's proposal, but he felt... that it wasn't impossible.
In any case, he didn't intend to take a stand or vote favorably on the board of directors. The investment was purely for influence and future interests, and by the way, he used Lynch's power to break into the arms sales field.
Then it seems that shares without power are not unacceptable.
Even because of Lynch's idea, he extended many other ideas, such as some problems within the Xingmengdie Group.
The room fell into silence for a while...