Faye Webb said it three times, and Yusuf Zuck also drilled it into his memory three times. Of course, after Faye Webb repeated it thrice, she got up and left, directing Yusuf Zuck to digest and assimilate the information on his own, and told him to seek her out once he had committed it to memory.
Yusuf Zuck truly did remember it, his memory, already freakishly strong, had retained it after the first pass, but remembering was not the same as knowing it by heart, so he sat in the training room and carefully went over it for a while.
Around ten o’clock, he went out because it was the agreed-upon time.
In the living room on the first floor, two people had arrived, a man and a woman who looked to be husband and wife, both around forty-six or forty-seven years old.
"Here he comes, this is the wealthy man, Yusuf Zuck, that I told you about," Everest Zuck took the initiative to stand and introduce: "Yusuf Zuck, this is the director of Inner Mongolia Xing’an Pharmaceuticals, Mr. King, and his wife. Well, you two can talk, I won’t interfere." Having said that, Everest Zuck departed with Faye Webb.
"Mr. Zuck, please have a seat, take a seat!" Mr. King wasn’t old but had half a head of white hair, presenting a weathered appearance. His wife, however, had an elegant demeanor, like a still-charming and graceful lady.
"I am Sonny King, and this is my wife, Sadie Blevins!" Mr. King introduced himself and his wife proactively.
"Mr. King, Mrs. King, let’s cut to the chase," Yusuf Zuck began, "Your situation was explained to me by brother Everest Zuck yesterday, and I indeed have an interest in investing. However, I cannot accept a 40% ownership stake. Given the current situation, even if I were to invest two billion, it would only be like a drop in the bucket for the factory, merely solving the immediate crisis. For the company to recover its vitality, it would probably take at least three years or more."
"This means that if I were to invest two billion to fill your gap, I would also be incurring losses continuously over these three years. Not only would I make no profit, but I also wouldn’t even earn bank interest. Even after stabilizing three years later and starting to generate returns, it might take ten to twenty years for me to recoup my two billion principal, right?"
"Mr. Zuck is correct," Sadie Blevins nodded, Yusuf Zuck seemed to have really done his homework, and what he was saying was the truth.
"So what percentage of ownership would Mr. Zuck find acceptable?" Sadie Blevins appeared to have more say in the factory matters than Sonny King.
It couldn’t be helped; these days, there were too many women who were the primary decision-makers. It’s said that behind every successful man is a woman. Sonny King and Sadie Blevins were a prime example of this.
"Fifty-one percent," Yusuf Zuck stated plainly.
"How can that be!" Sonny King stood up abruptly. With fifty-one percent, they would instantly go from being majority shareholders to minority ones, losing their absolute say in the factory’s affairs.
"Explain your reasoning," Sadie Blevins, ever calm and composed, looked at Yusuf Zuck.
Yusuf Zuck thought for a moment: "The reason is, if I hold the majority stake and become the main shareholder, I would invest more. I would fully commit to promoting the pharmaceutical factory’s brand and spare no expense to get the factory rapidly operational."
"Of course, I am an outsider when it comes to pharmaceuticals, hence I won’t get involved in the specifics of the factory’s operation; you will continue to have the final word. My responsibility would be to provide the financial investment."
"Also, this isn’t my final decision. I need to see the actual situation for myself, to visit the pharmaceutical plant, examine your financial state, understand your future planning, etc. Either I won’t take it on at all, or, if I do, I will ensure that your small factory becomes one of the top pharmaceutical enterprises in the country."
"So you’re saying two billion for a fifty-one percent stake?" Sonny King asked with a serious face.
"No, not at all, I didn’t say that," Yusuf Zuck corrected. "We need to measure this according to the market value of your factory. I don’t want to suffer a loss, and neither should you. You might even stand to gain from it."
"We’ll need to think about it," Sonny King glanced at Sadie Blevins and said.
"There’s no need to think it over. Mr. Zuck has shown considerable sincerity. Why not have Mr. Zuck conduct an on-site inspection? If Mr. Zuck is satisfied after the visit and confirms his willingness to invest, then we can discuss the fifty-one percent stake in detail," Sadie Blevins said decisively, actually considering the sale of a fifty-one percent ownership stake.
"Nana, we..." Sonny King wanted to say something more, but Sadie Blevins stopped him with a look.
"Okay, then. How about this afternoon or tomorrow for the visit? How did you get here?" Yusuf Zuck inquired.
"Then let’s all drive there." Yusuf Zuck nodded.
"Can we leave at noon? As you know, we can’t afford to wait," Sadie Blevins pleaded.
Yusuf Zuck thought for a moment and nodded, "That’s fine, I don’t have much going on these days."
"Great, we’ll pack our things at the hotel and then meet at the highway entrance. We’ll contact each other by phone when it’s time!" Sadie Blevins was quick to agree, displaying a generous Mongolian spirit.
"Alright, I’ll also make preparations and call the others. You all go ahead," Yusuf Zuck nodded again.
"Okay, then we’ll be leaving first," the couple stood up.
"Big brother, Factory Manager Wang and his wife are leaving," Yusuf Zuck called out to the upstairs.
"I’m coming, I’m coming, you finished talking already?" Everest Zuck and Faye Webb said as they came downstairs.
"I’m going to make a site visit and will head out to Inner Mongolia shortly," Yusuf Zuck said with a smile.
"Hmm, making a site visit is very necessary."
"Then we’ll take our leave. We’ve bothered Mr. Zuck a lot these past few days," the couple shook hands with Everest Zuck and then hurriedly left.
"Are you interested in coming with me to take a look?" Yusuf Zuck asked Everest Zuck.
"No, I’m injured and it’s not suitable for me to travel far. Let Faye go with you instead; she might be able to help!"
"Sure, then I’ll be on my way. Also, help me arrange the burial and funeral rites when I get back. We can’t keep putting that off," Yusuf Zuck said, taking Faye Webb with him as they walked out.
Meanwhile, Sonny King and Sadie Blevins were in their car, talking as they drove: "Why did you agree?"
"Do you have a better idea? Without a large influx of capital, our business is going to declare bankruptcy. We’ll be left with nothing!"
"But that’s fifty-one percent of the shares!" Sonny King said anxiously.
"What about fifty-one percent? Even if he takes fifty-one percent, we still hold forty-nine percent. We’re still the second-largest shareholders. Plus, our factory needs reform and expansion. If he invests more money, have you ever thought about how many times our factory could grow in a few years? By then, your forty-nine percent will also have multiplied!"
"Another thing is, with him acquiring fifty-one percent of the shares, minus our losses, we’ll also have savings. How many years has it been since we’ve had personal savings? All the money at home you’ve poured into the factory. After so many years of hard work, what kind of life have the children and I been living?"
"There are no ’buts.’ When the time comes, we’ll get Lawyer Wang to tighten up the legal aspects, and that will be that. Sonny, we have no other choice right now. We must introduce funds as soon as possible, otherwise, the factory might not last another month before it shuts down. Would you rather the factory close down or be content with being the second-largest shareholder?"
"Alright, alright, I’ll listen to you, I’ll listen to you," Sonny King sighed as he looked out the window!
At the same time, Yusuf Zuck, who was driving with Faye Webb, also called Sara Zuck, Marlon Shepherd, and Jerome Hart, asking them to prepare and set out for Inner Mongolia immediately. Follow current novels on novel✦fire.net
He was bringing Sara Zuck because it was the weekend and they could enjoy a trip to the Mongolian grassland for a couple of days. He was bringing Marlon Shepherd because the fellow was a legal expert, and he was bringing Jerome Hart because he was familiar with the pharmaceutical industry!