Chapter 118 Board of Directors
After a not-so-heated discussion, the entry criteria for the "Plane Walker's House" club was determined to be 118, or the top 10%.
That's a lot lower than some of the high-IQ clubs that Evan knows of that may not be established yet, and almost everyone who can get into Caltech can meet them.
For example, the well-known Mensah Club requires the top 2% of people to join.
A club called Intertel is more demanding, requiring the top 1% (IQ135 or above) to join.
The most demanding is the Mega Society, which only recruits the top 0.0001% because it is too demanding, and at its peak it had only 26 members.
After setting the standard, everyone still did not disperse.
Someone was concerned: "Rick, when will our club start recruiting new people, and when will it officially start its activities!"
Someone grabbed Evan who wanted to slip away and asked: "Evan, when will the full set of cards be made, the playing cards are too ugly." β
"Also, Evan, when will our part-time salary be paid, I quit all other part-time jobs, and if I don't pay them, I'm going to eat dirt. β
"Hey, talk to talk, don't pull my clothes. Evan grumbled and had to go back inside. He looked at Douglas McLean, a third-year mechanical engineering student who claimed to want to eat dirt. MacLean) said: "Doug, you're not kidding, I just saw you take a blonde beauty to the cinema yesterday, and you didn't frown when you bought snacks from the cinema, and it didn't look like you were short of money. β
Yesterday was February 14th, St. Valentine's Day, and Evan and Audrey went to Hollywood to see a movie.
Douglas shrugged his shoulders and said proudly, "It's because of her that I'm destitute." β
It seems that in order to catch up with that person, he has made a lot of money.
"In that case, I will arrange for the salary to be paid as soon as possible. After dealing with Douglas, Evan said to those who were hoping that the cards would be ready soon, "As for the cards, just wait, the cards aren't drawn that fast." β
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The next day, Jason Davidson, the general manager of Magic Seven, came to Los Angeles from Sacramento with the manager of the finance department.
They had made a special trip to meet the new shareholders of the Demon Seven Company.
Not long ago, Evan and Frederick's Prince Company completed a share deal.
Prior to the deal, Magic Seven's shareholding structure was 88.2 percent for Alphabet, 4.9 percent each for United Carbon and DuPont, and 2 percent for company executives.
In the transaction, Prince bought 5% of the Magic Seven shares from Alphabet for $14 million.
After the transaction was completed, Prince became the second-day shareholder of the Magic Seven.
Of course, only a small portion of the $14 million was cash, mostly shares of Amor Foods, which came with conditions that Evan could not sell in the short term.
Because it is the second largest shareholder, Prince has been given a seat on the board of directors.
And the size of Amor Foods Company is not comparable to the current Magic Seven Company, so even if he has tens of millions of shares, Evan is only an ordinary shareholder, unless Evan intends to run for director when the board of directors is re-elected.
In that case, it would have been easy for Evan, who had Frederick's support, to be elected.
Of course, Evan certainly wasn't interested in being a director.
On the night Davidson arrived, Frederick invited them to a banquet, and Evan naturally attended.
The banquet took place at the Roosevelt Hotel in Hollywood. After the banquet, the group watched a movie by the way.
Except for Evan.
The next day, Evan took half a day to listen to the performance report of the Magic Seven Company in the recent period.
The last time I heard this report was last year.
From the beginning of the year to the present, in a month and a half, although the sales of Magic Seven are still growing, but this growth is all due to orders from the European partner Airfix, and the sales in the United States have stabilized.
This time came sooner than Girard had originally expected, so before coming, Girard asked Davidson to take the word and ask Evan if he could put the Rubik's Cube competition on the agenda.
Evan thought about it, but still didn't say yes to Girard.
He wanted to wait and see, at least in another two months.
Davidson finished his debriefing and returned to Sacramento that afternoon.
A few days later, it seems that the Princes company was stimulated by the huge investment in the magic seven company, and both United Carbon and DuPont asked to join the board of directors.
They were the third and fourth largest shareholders of the company, and although the request was made suddenly, Evan had no reason to refuse.
Of course, Evan did not easily agree to them, asking them to share a nomination right.
After some phone calls, Evan's request was accepted.
Therefore, on February 24, the board of directors of the company was reorganized, from the original empty shelf to a seven-member decision-making body that can function normally.
The seven directors are Evan Warren, Nina Warren, Carl Barton, Jason Davidson (General Manager), Joe Girard, Frederick Brown, and Frederick Warren. H. Prince, Nathaniel Wyeth WyethοΌγ
The title of chairman is still worn on Evan himself.
Originally, Evan wanted to be his mother, but Nina refused.
Nathaniel was jointly nominated by United Carbon and DuPont. He is a senior manager and engineer at DuPont.
Evan and Carl had to go back to Sacramento for a board reshuffle.
That gave Girard the chance to convince him to run the tournament in person. At every opportunity, Girard would pitch his theories in front of Evan. He feels that by holding the event, people's enthusiasm for the Rubik's Cube will definitely be rekindled, and with this enthusiasm, sales can be maintained forever.
Unfortunately, no matter what Girard said, Evan's ears were about to grow calluses and he didn't let go.
Seeing that Evan was about to return to Los Angeles, Girard had no choice but to come up with a trick.
At a dinner to celebrate the inauguration of the new board of directors of the Magic Seven Company, Girard approached Evan and said, "Evan, I'll say one last time, if you don't agree again...... I'll quit my job and I'll run a Rubik's Cube competition myself. β
Evan looked at this guy who was obsessed with the Rubik's Cube game with a smile and couldn't tell what to say for a while.
"Girard, is it really okay for you to threaten your boss like that?"
"Besides, it's just a competition, is it necessary to get to this point?"
In response to Evan's question, Girard spread his hands freely and said, "I don't want to...... But I'm just obsessed with the game. β
"In my vision, I designed the Rubik's Cube competition as a carnival for players, and it took so much effort that I couldn't sleep without it. β
Girard had reached this point, and Evan had no choice but to approve his proposal.
However, Evan added a condition that the tournament be held from Los Angeles to New York. The reason for this change is very valid, both in terms of population and economic development, the east coast is more than a step better than the west coast.
Since the competition is going to be held, of course, it is in the place where the publicity income is high.
After not spending two days in Sacramento, Evan had to rush back to Los Angeles.
This back and forth can exhaust Evan.