Chapter Ninety-Three: Rapid Progress [Ask for Recommendation, Collect]

Mo Fan's 550 million yuan was spun off into 10 offshore company accounts, and then injected into Lederick Marine Exploration Company in batches.

With the arrival of the first tranche of funds, the shareholding of LΓ©drik Marine Exploration changed, and Philip remained in the position of general manager of the company, but was no longer involved in the day-to-day operation of the company, but led the bank's elite to participate in the acquisition of similar companies.

Philip is the founder of Phipps Bank, an investment bank focused on corporate restructuring, mergers and acquisitions.

The $1 billion has not yet been fully funded, and Philip has already acquired an ocean salvage company that is primarily engaged in the recovery of marine debris. Two more deep-sea salvage companies were acquired within a week......

The expansion is an acquisition, not an acquisition.

There is a difference between a merger and an acquisition, and a merger is when two or more companies merge to form a new company. Acquisition is a transaction in which a company buys the assets, stocks, etc. of another company, and the company has absolute control, which is generally the big fish eating the small fish to expand its own industry.

With a large team of business elites behind him, Philip moves quickly, like a predatory beast, usually completing absolute control of the company before the chairman of the acquired company reacts, and then begins the asset integration plan. Divide the assets, leaving only the parts that are useful for salvaging the treasures of the Great Western Country, and sell the other parts.

Mo Fan sits in the company, and with the assistance of Kane, he is familiar with the operation of large companies, and at the same time, according to Xiaobai and his own memory, he models the 3D graphics of the underwater pyramid on the computer.

Only a small part of the pyramid collapsed, and most of the area is the original structure. The internal structure of the pyramid is complex, with various horizontal and vertical passages and rooms, and Mo Fan depicted the map in advance to facilitate future work.

'Knock knock', there was a knock on the door from the office, and Mo Fan looked up: "You guys are finally here." ”

Zhang Dong probed his brain: "The visa has encountered some trouble, and it has been solved." What are you busy with?"

"Build a 3D model on your computer. Mo Fan saved the information and closed the computer.

"3D model, architectural or toy?"

"Architecture. ”

"It's amazing, my brother, when did you learn it. ”

Mo Fan smiled: "Live to learn." Let's go, let's make arrangements for where you will stay tonight. Mo Fan got up and hugged Chen Xiaotang......

I went to the hotel on Atlantic Beach first, and then took a car to Mo Fan's residence, where Mo Fan cooked by himself and prepared a sumptuous dinner: "You and Lacey have just gotten married, and I have rented you a villa with a sea view, which is next door to me." Xiao Tang, you will move to live with me in the future......" Mo Fan said and looked at Zhang Dong's three comrades-in-arms, Wang Meng, Zhou Hao, and Chen Xinyu......

Lacey took over the dinner job, a group of men exited the kitchen, and Mo Fan went to the wine cabinet to get a bottle of noble rot from Digin Winery, which looked about the same color as honey and was a little sweet......

Mo Fan poured a few times for a few people: "Brother Wang Meng, Brother Zhou Hao, Brother Xinyu, we haven't been in contact for a long time, but Zhang Dong's buddy is my buddy, let's have a drink first." ”

"Mr. Mo, you can just call us by name. Wang Meng said a little flattered, and picked up the wine glass as a respect.

"You just came back from the army?" Mo Fan said.

"Came back in January. ”

"Tomorrow, I will go to the company to go through the entry procedures and be the company's security guard first. ”

"Security guard?" Zhang Dong looked entangled, but he boasted about Haikou in front of several people, saying that he would bring them over to eat and drink spicy food and be a security guard...... At the very least, I will arrange a formal job.

"It's all up to Mr. Mo's arrangement. Wang Meng didn't have any dissatisfaction: "Whatever Mr. Mo lets you do, let's do it." ”

"First of all, in the company's security department, familiarize yourself with the environment here and the people here. How is your English?"

"We have an English teacher in China, but we may not be able to communicate with Americans. Wang Meng said embarrassedly, and Zhou Hao and Chen Xinyu also scratched their brains.

"Come on, you can't communicate when you work here. For the time being, you will put up your name in the security department, and the company will ask you for a translator, and you will learn English as soon as possible, and there will be special personnel to train you...... Your weekly salary is $900 for the time being, and you will negotiate after the training. ”

"Mr. Xie Mo. ”

Mo Fan poured wine for a few more people, thought for a while, and said, "Are you willing to work at sea? The working hours will be very long, and you will not be able to contact the outside world from time to time. ”

"If you can make money, you can work as hard as you want. Wang Meng looked at his two comrades-in-arms: "They are the same, they can fight outside while they are in good health." ”

"There is a certain danger to working at sea. You have thought about this and thought it carefully before deciding. Mo Fan said and looked at Chen Xiaotang, Mo Fan knew that he had a wife and children......

"I'm definitely going. ”

"It's no better than mining in Yukon, and you may not be able to return to your home country for a year or two after you go out. It's also a hassle to talk to your family...... Have you discussed it with your family? ”

"I'm divorced. Chen Xiaotang took a sullen sip of wine: "It happened a few months ago, and my house, car, and savings were all left to my ex-wife." My parents raised the child, and he is also in elementary school...... I need money. ”

Zhang Dongzheng stared at Mo Fan with a wry smile......

Mo Fan didn't ask him what kind of divorce he would have, everyone has their own experiences and stories. Some managers and stories don't need to be commented on and talked about......

……

Mo Fan left Don Jr. by his side, and when Kane returned, he asked Don Jr. to learn from Kane. The company arranged translators for Wang Meng and them to help them adapt to the environment, and they are also learning about ship and maritime safety.

At the end of April, Philip came with good news that the company had successfully acquired 73% of the shares of Odyssey Marine Exploration and was applying for delisting, followed by resource integration.

Odyssey Marine Exploration is a well-known treasure hunting company, as long as you pay attention to the treasure is basically no stranger, in 2003 found a shipwreck during the American Civil War, salvaged more than 51,000 coins and nearly 1.4 artifacts.

The Mercedes was discovered in 2007 and more than 500,000 gold and silver coins weighing 17 tons were recovered. This was the most glorious period of Odyssey Marine Exploration and the beginning of its decline......

In 2011, the Gelsopa was discovered, and up to seven million ounces worth of silver and other cargo were found on board.

In 2012, the double SS number was discovered, and 600,000 ounces of silver were harvested.

The company collects shipwreck treasures, but also ventures into industries such as websites, exhibitions, books, television, merchandise, educational programs and virtual museums to promote shipwreck knowledge and discovery through a variety of channels, and can be said to be a legend in the world of treasure hunting. But they salvaged a treasure that shouldn't have been salvaged, and that was the Mercedes, a 'warship', and Odyssey Marine Exploration launched a five-year lawsuit with the Spanish government over the ownership of the salvaged gold and silver coins, and finally lost the lawsuit, leaving all the treasure recovered from the ship for the Spanish government to take, and in 2012, the treasure was about $1 billion.

Since then, Odyssey Marine Exploration has been in a slump, and before that, the company had a total market capitalization of $71.05 million, and Philip spent $121 million to acquire it. But it's worth the price......

The most valuable asset of the company is the backbone personnel, all of whom are talents, especially proficient in salvage operations. It's like salvaging the Mercedes, this company quietly completes the salvage and then publishes the information.

Quietly, Odyssey Marine Exploration became a wholly owned subsidiary of Lederick Marine Exploration. $1.231 billion was spent during this time, and a total of 26 companies were acquired. While acquiring the company, the acquired company was spun off and sold, leaving only the useful part, and the company still had nearly 700 million cash in its account. Looking at the company's financial statements, Mo Fan had to admire Phipps's ability.

Next is the integration of the company's resources, and the new company is called Odyssey Lake Marine Exploration, which is headquartered in Massata Bay, Florida, four or five hundred kilometers from Miami.