Chapter 26 Your Company? It's Mine Now

Renault City is the state capital of Nevada, and while it's not the largest city in the state, many Nevada companies are headquartered here.

Link came to the door of a company today. He got out of the car and looked at the ten-story building, which was still shining with the name of the company on the walls. It's just that they should soon fulfill their historical mission.

He said to Snapton, who had come from New York, and Matthew, who had come with him from Las Vegas, "Let's go in, don't keep them waiting." "Of course, they were joined by a couple of people from the Jackson Law Firm.

In this company, a group of people are waiting in the conference room. The atmosphere was solemn, as if waiting for his fate. Because today the new boss is coming. Moreover, before the people arrived, they asked for a high-level meeting.

Of course, the white man at the top of the conference table had a much worse complexion than the others. At most, others don't know if they'll be able to sit where they are. And he has lost the company.

Guslet & Co. is a company developed by Jaime Guslet. The company started out as a small retail fish with less than 50 chain stores in Nevada. After he took over the small company from his father, in the space of 20 years, it had a chain of 690 stores in large and medium-sized cities across the United States, including 120 medium-sized stores.

It was he who brought Guterres to market and allowed him to grow in a highly competitive market.

But he never imagined that going public would cost him his company.

His career has been ruined to nothing. His identity also slowly changed from a successful businessman to a failed businessman. All of this was done by Lynk Hans. The young man he had never seen in the slightest now had even taken away his company.

Yesterday he suddenly received a notice from the stock exchange that Guslet was temporarily suspended due to a change in shareholding. And the person who currently owns the largest stake in Guslet is none other than Link Hans.

It wasn't long before a lawyer representing himself, Link Hans, asked him to convene a meeting of the company's top management. Because Link, the new boss, has something to announce.

He didn't know what Link was trying to say, but he knew it wouldn't be good for him.

Link and the others were led by a nervous clerk to the door of the conference room. Matthew didn't knock on the door, he opened the door and moved out of the way.

Link entered the conference room first, and without looking at the others, walked up to James Guslett and said, "Mr. Guslet, this seat is no longer yours. ”

Jaime Guslet stared at him, gritted his teeth, and said, "I'm still the president of the company!"

Snapton came in and said, "Not anymore from now on. She spoke loudly to someone in the room. "Mr. Link Hans owns 69.3% of the shares of Guslet and has an absolute controlling interest in the company. According to the articles of association of Guslett Company, he has the right to make any personnel appointment or dismissal decisions against the company. Mr. Hans decided to remove James Guslet from his position as President of Guslet with immediate effect. She said as she took out a document and distributed it to the other senior attendees.

The articles of association of Guslet Company stipulate that the appointment and dismissal of the company's personnel only require the consent of more than half of the shares. Unless it is a decision that affects the interests of all shareholders, such as capital injection, bankruptcy or liquidation of the company, the number of shareholders and more than half of the shares are required.

Decisions on the company's major business strategies only need to be approved by two-thirds of the shares or more than half of the shares before the resolution can be reached. So Link can't decide on the company's bankruptcy and capital injection. He can decide most of the things in the Guslet Corporation.

Jaime Guslet's face turned pale. Maybe he wanted to keep the last bit of self-esteem alive. He stood up from above and said, "Since you want to sit, I'll give it to you." ”

Link waited for him to walk away, then removed the chair he had been sitting in and stood at the head of the conference table, "I'll announce one more decision. In view of the fact that the brand has lost credibility, I have decided to change the name of the company to Lim Retail Limited. You can adjourn the meeting and inform all suppliers of the two announcements made today. Also, make preparations for the implementation of the resolution. Finally, when you return, all shops will be closed for the time being. I need to make a change to the shop. Until further notice, we will reopen. ”

Before Jaime Guslet could find his seat, his anger could no longer be controlled, and he roared at him: "The change of company name requires the approval of the board of directors! ”

"If you're going to have a board meeting, I'm with you. You and your Mrs. Guslet have a total of 30 per cent of the shares, and I can have a hundred directors on my side. ”

Guthret knew he couldn't decide any of the decisions Link made in the company. All he could do was procrastinate meaninglessly.

Link didn't look at him anymore and said, "Since Mr. Guslet has no opinion, let's assume that he agrees." Now the dispersal will be executed. ”

Sensing the hostility between the old and new bosses, the others hurried out of the conference room in a matter of seconds to avoid the scourge of the pond fish.

Guslet raised his hand and pointed at Link and said, "OK, Link Hans." You've won!" he said and slammed the door.

Just as he was about to slam the door, he was interrupted by Link, who exclaimed, "Mr. Guslet, if you don't want to have nothing, I suggest you come back and talk to me about your shares." ”

Guslet paused to slam the door and sneered, "Do you think I'll sell you the shares?"

"Your and your wife's shares are still worth fifteen million in terms of market value. If I were you, I'd consider talking. Because I feel sick at the thought of sharing a company with you. Guess what I'm going to do? I'm going to let the company mess up. Let its stock price fall to waste paper until it is automatically delisted. Do you think I can afford to lose $30 million?"

Guslet couldn't afford to gamble.

Now his stake is worth fifteen million dollars. But if you take into account that the debt ratio of Guslet is already well over 200%. He was, in fact, a man with tens of millions of dollars in debt. Once the company goes bankrupt, the stock he is holding will not only not bring him benefits, but will also allow him to be collected by the bank.

He was at war in his heart, and finally sat back down at the conference table that had become a negotiating table: "Eighteen million." 30% of the shares go to you. ”

Link smiled and said, "Okay." ”

However, he did not wait for the other to speak, and continued: "However, I also want to settle an account with Mr. Guslet. When you said a word, I couldn't go to college, Harry, and Bill, and you should pay five million dollars each. I don't think you would disagree. ”

James Guslet stood up abruptly and said, "Link Hans, are you kidding me?"

"How dare I play a big deal with you?" Link sneered. "It's okay if you don't agree. I can buy all the store contracts to other companies. For example, a company owned by someone I know. Of course, the price will certainly not be able to pay off all the debts of the company, what do you think will be? By the way, this is Miss Snapton, who happens to be a good person in this kind of business. ”

Snapton smiled very gracefully and said to Gureis, "Hello, Mr. Gurest." ”

What will happen to a shell company? It's not that the market value of the company has depreciated to nothing, and it's still quite indebted.

Guslet snarled at him with a voice that he didn't even make to the stupidest of his relatives, "You dare? That's my company!"

He finally understood the meaning of Link's order to halt the business.

"Now, it's mine!" Link said slowly, curling his fingers and tapping lightly on the tabletop. "You have twelve hours to think about it. Don't wait for the time!"

He stood up and continued, "By the way, your office, I requisitioned it, and I plan to use it as an archive!"

He said to Matthew as he walked, "Let your people temporarily oversee the company's finances. ”

"I understand. Matthew nodded immediately. "I'll keep an eye on the company. ”

Matthew drove himself in, while Snapton flew in straight from New York, and it was Link who picked them up at the airport. So she got into Link's car.

In the car, she asked Link, "You don't really plan to sell Lin's retail shop, do you? "That's a suspicion of transferring assets.

"Or do you think I'm just talking? If I did, I wouldn't have let you fly over from New York. ”

Snapton laughed and said, "I thought I was just here to be a vicious supporting character." But there are two lines of dialogue. It's a pretty good character. ”

Link smiled and said, "If he's not going to accept my kindness." It's up to you to be the main character. Besides, those shopping malls, as long as the transaction price reaches the market value, I am not afraid of more investigation. ”

If it weren't for the fear that that would cause a backlash from James Guslett, he wouldn't even think about buying the other party's shares, and just transferred the company's assets like that. If the other party files a lawsuit and the lawsuit cannot be decided for a year and a half, it will waste a lot of his time.

Snapton nodded and said, "If that's the case, it won't be a problem." ”

"You can help me make a delisting plan by the way. ”

"Boss, that's that woman's job!"

Link smiled and said, "Okay, I thought you were a little more professional. ”

"That's true. However, she is not a novice either. ”

"But it's more convenient for you. "The delisting is going to happen in New York.

"Okay. That's a good reason. ”

This time, he first asked Tommy to contact him with some Guslet Company antiques and buy some of the shares, and at the same time buy most of the outstanding shares in the stock market.

Although the company is not small, it has not shown a good investment project in the past few years. At least, the retailer has been losing a lot of money by averaging $40 per square foot in sales for the past two years. This has caused its stock price to fall. It has made everyone lose confidence.

When Tommy bought the stock, it didn't even give the stock price much of a shock. Shareholders only think that shareholders are buying back shares at a low price, but it is best for them to get rid of them as soon as possible.

And James Guslet did find that there were shareholders selling shares, and there was nothing he could do. Because he didn't have enough money to buy those shares. And the other shareholders are selling their shares, and he is powerless to stop it.

It's just that at the time he didn't know it was Link who was playing tricks.