257. ATV changes hands
At this moment, many families are also the same, paying attention to ATV news and discussing the stock price..........
After a long night, everyone was looking forward to the opening of the next day, some were eager to sell their shares, and some were eager to buy the bottom.
By the next day, when the morning market opened, ATV's stock began to rise slightly, but not by much.
Finally it began to fall to 12 Hong Kong dollars........
That's when the bad news came to light.
ATV's current CEO Ye Jiabao was fired......
The financial chain is broken, and employees are already owed wages for several months.
Loss of HK$378 million in 2013.........
Wang Zhengyu, the major shareholder of the board of directors, quarreled with Cai Yanming....... rumors spread that Wang Zhengyong threw a water cup at Cai Yanming.
Cai Yanming issued a statement dissatisfied with ATV's chaotic management, which caused its profits to suffer, and wanted the court to sue Wang Zheng for interfering with ATV.......
Coming soon to sue Wang Zheng.....
A succession of bad news came in waves, and at noon, ATV's stock price plunged 50% again, from 12 yuan to 6 yuan.
After noon, Emperor Group and Yang Zhenglong held a press conference, and Emperor Group unilaterally announced that it would terminate the contract with ATV and terminate its cooperation with ATV.
At the same time, he accused ATV of arrears of wages to its employees, and recovered the money owed by ATV to Emperor Group.
Coming soon to sue ATV...........
At the same time, Hong Kong industry insiders also beat ATV's water dogs................
ATV's various negative news is overwhelming.
At this time, the Hong Kong Communications Bureau, the deadliest news came,
The official unilaterally revealed that tomorrow 2014, ATV may not be allowed to renew its free TV license, citing financial difficulties and poor management...........
ATV lost the core competitiveness of this fee-free TV license, and was undoubtedly sentenced to death.
In the end, the official statement gave ATV a deadline of three months to rectify. If the requirements are not met, then the renewal of the free licence will be stopped.
But now ATV is the news that it is going to go out of business, and at this time, there are no bricks to refute the rumors, and no analysts have come out to pretend to be forced.
There is one thing on everyone's mind, and that is to sell their ATV stock.......
After noon, ATV's stock fell sharply, and in less than an hour, it fell by 50% again, to 6 yuan to 3 yuan.
At this moment, no one is coming to the bottom anymore..........
At this time, Wang Zheng, the major shareholder, held a press conference again, directly stating that if he did not find a receiver for ATV, he was ready to liquidate ATV.........
At the same time, he also has to sue ATV so that ATV can pay off his former debts.
ATV's share price then continued to plummet, this time even more brutally and crazily, with a black candle that could almost pierce the computer screen...........
ATV's share price fell by 90%, from 3 yuan to 0.3 Hong Kong dollars.
The stock price was shaken, but it was still ready to fall.
Many people watch their stocks immediately become waste paper.
Selling ATV's shares again, ATV's shares soon fell from HK$0.3 to below HK$0.1.
By the time ATV's stock fell below HK$0.1, there was no difference between its own stock and waste paper.............
Subsequently, ATV convened another emergency board meeting.
The board of directors convened this time was initiated by Cai Yanming.
On the board of directors, Wang Zheng looked at Cai Yanming with a smile and did not speak.
Fingers tapped on the table from time to time.
Cai Yanming's face is extremely ugly at the moment... looked at Wang Zheng with a gloomy face.
looked at Wang Zheng with a leisurely face, and a little proud.
Immediately scolded: "Wang Zheng, you idiot!! You are doing this, are you satisfied? Everyone has turned their stocks into waste paper now!!"
Other shareholders also pointed their fingers.........
"Anyway, with you idiot in ATV, ATV will go bankrupt sooner or later, it's better to go bankrupt sooner, I don't care," Wang Zheng laughed mockingly.
At this moment, Wang Zheng is very proud, he has been fighting with Cai Yanming for a long time, and today is the most relieving day.
He didn't tell anyone that the shares in his hands had been acquired by Don't Black Shirt Capital earlier, and he didn't have ATV's shares in his hands at the moment, but he still sat on the board of directors of ATV.
…………… After finishing speaking, Wang Zheng got up and left, and said lightly: "You continue to have a meeting, I'll go to the bathroom!"
At this time, the table 'snapped',
Cai Yanming slapped it hard, anyway, he had already torn his face, and scolded: "Wang Zheng, don't forget that you are the largest shareholder of ATV!
"Oh, all together??hehe," Wang Zheng glanced at Cai Yanming with disdain.
I opened the stock price of ATV with my mobile phone, and saw that the stock price of ATV fell below 0.1 Hong Kong dollars, and now it is 0.06 Hong Kong dollars, 6 cents............
Wang Zheng smiled, and then said to everyone: "Now the stock has fallen to 6 points, you can see for yourself, the stocks in everyone's hands are no different from waste paper now, and now the stocks in my hands have found buyers, good luck to everyone!
"You bastard!!"
"Despicable Villain!!
"I'm going to sue you!"
"How's that going?" said Wang Zheng
"ATV is bankrupt, what's in it for you???" Cai Yanming questioned
"yes, what's in it for you?" several shareholders followed
"If you're bankrupt, at least I can recover some of my debts, and as for your stocks, they're all waste paper!" Wang Zheng said.
ATV went bankrupt and went bankrupt, all assets had to be auctioned first, and the money obtained had to be repaid first, and the final money would be distributed to shareholders, but after all ATV's assets were auctioned, they were not enough to repay the debts.
Shareholders are almost gone.
Everyone was stunned................
"For the sake of all the years you've worked together, I'll show you the way.................."
“…………………….”
Wang Zheng began to speak according to the original plan.............
The next day, Blackshirt Capital became the owner of ATV, and Blackshirt Capital bought the shares of all shareholders of ATV at a high price of HK$0.1.
This HK$0.1 is twice as high as the market price. At the moment, ATV's share price is HK$0.05.
All shareholders also sold their shares, which can be said to be a heavy loss, and it is not an exaggeration to lose all their money.
Previously, ATV's share price was still 2.5, and now ATV's share price has become HK$0.05.
Their shares were bought at HK$0.1.
After Blackshirt Capital became the owner of ATV, it immediately announced the delisting of ATV, paid all arrears of employees' wages at one time, and settled all ATV's debts at one time.
immediately announced the reorganization of ATV, and Blackshirt Capital also announced the reinstatement of the former CEO Ye Jiabao...........
............. Hong Kong officials immediately announced that they would renew ATV's free TV license.
The Hong Kong government announced a 3-year tax exemption for ATV............
People from all walks of life in Hong Kong have begun to be optimistic about the prospects of ATV...........
Emperor Group announced that it will continue to cooperate with ATV to expand the scope of cooperation.........