Link said it with a smile, but Jason Lee could hear the seriousness in his words.

He smiled and said, "Link, I believe you want to run a TV station seriously. I could consider selling the TV station. But what kind of conditions can you give me?"

"Jason, I'd like to be fully owned. I can buy it at a premium based on the actual value of the station. ”

This conflicts with Jason Lee's wishes. He wants to keep some of the shares. He shook his head and said, "Link, like you, maybe need a place to talk." ”

Link thought for a moment and said, "But I need to revamp the TV station completely on my own." Don't want to waste time in the process of having a meeting. ”

Jason Lee understood what he meant. If Link wants to revamp the TV station, he will have to make additional investments. He invests, what happens to the other shareholders? Will they follow the investment or will they let Link's additional investment dilute their shares?

Maybe once, maybe two, three times? Those shareholders may veto the decision to make additional investments. Let Link's renovation plans run aground. Even if you can convince other shareholders to agree, it will be a waste of time.

"I can sell 53% of it to you. Maybe I can convince other shareholders to sell you shares as well. ”

"That's for the best. Because I need absolute control. "Although he has more than half of the shares, he can spread the shares to various companies, and then reach a majority of the shareholders to achieve his own goals. But after all, it was too troublesome, and he didn't know how much additional investment he would make in the end, and other shareholders might not be able to come up with the corresponding investment in shares. That would be a lot of trouble to operate.

After Jason Lee understood his thoughts, he knew that if he continued to hold too many shares, he might not be able to keep up with Link's investment. Eventually, the stake will also be diluted to a minimum.

He thought for a moment and said, "Link, I can take a step back." I would like to keep 5% of the shares. "This share of shares, even if the TV station wants to make additional investment, his family can probably afford it. "That's my bottom line. ”

Link thought for a moment and said, "Okay." ”

Jason Lee said, "Okay, what are you going to offer?"

Link said: "I'm going to buy at a 20 percent premium. I need to do a value assessment of the TV station. ”

Listening to the conditions he gave, Jason Lee immediately shook his head and said, "Link, that's impossible. "It turns out that the liabilities of the TV station have reached more than 140% of the assets, and if the value of the TV station is followed, he will not get any money at all.

Hearing that the debt ratio of the TV station was as high as 140%, Link was also a little dumbfounded. In this case, the price he will have to pay will be a little greater.

He thought for a moment and said, "If you're interested in selling your shares, I'll let my team talk to you." They are much more professional than me. ”

If the debt ratio of a TV station is that high, it becomes very complicated to calculate the acquisition cost. How much debt to take and how much cash to buy shares can only be calculated by professionals.

Jason Lee also agreed to his request: "Okay. I can talk to them. It was precisely because the TV station was getting more and more in debt that his family had plans to sell it. The debt of the TV station really needs to be talked about.

He added: "In fact, there are quite a few shareholders who want to give up their shares in TV stations. Maybe I can introduce you. ”

Link nodded and said, "I thank you in advance." If they are interested in selling shares. I'll let my team talk to them. ”

After Fan Zhongkun and the others left the hotel, he called Martha and told them about the situation here.

Martha listened to him and pondered for a while before saying, "We didn't find out that the TV station owed such a high debt before. ”

"Maybe it was borrowed from the Chinese Development Bank of California," Link said. ”

When Martha heard this, she thought it was very likely. "If that's the case, maybe we can get a better outcome of the negotiations," she said. She explained. "Now the other party is willing to sell their shares, probably because they want to recover a non-performing asset. ”

The TV station is not necessarily a non-performing asset, but it is obvious that the TV station is not profitable, and it may not even be able to pay the interest. So those debts become non-performing assets.

She even suspected that the station could survive because the creditors were her own family. If you had borrowed from other banks, you might have been forced by the bank to collect the debt, and eventually went bankrupt.

Although he knew about the TV station, Link didn't want to go too far.

As a Chinese banker, Jason Lee's status among the Chinese must also be relatively high. If you get people in this way, it's best not to turn your face if you can.

Maybe in the end there will be some extra money, it doesn't matter to him. But he also hopes to convince other shareholders to sell him their shares through Jason Lee.

Moreover, if he wants to run a good TV station anyway, he may invest more. It is also acceptable for him to spend more money on the acquisition of shares in the early stage.

"The conditions for Jason Lee could be relaxed," he said. You send someone to contact him and find out the details of the station's debt. Once the calculations are clear, you are responsible for negotiating with the other party. ”

"Good. Martha paused and said. "If you're going to buy the station, I recommend Teresa as the negotiator. Maybe she can pick up enough shares from someone else for you. ”

Link thought for a moment and said, "Okay." You contact her. I hope you can bring me good news soon. ”

"We try our best. Martha said with a smile. "Besides, I thought you trusted Teresa's abilities. ”

"I trust the abilities of all of you. Link said right away. "I'm confident that you guys will give me the results I want. ”

"Of course. We will. ”

After explaining the matter to Martha and them, the TV station matter is over for Link.

He thought that since he was in California, he should also visit the laboratory. So he went on a trip to Sacramento. In addition to learning about the company's laboratory, he also wanted to see the production of Amaranth virus.

Florin took him to the production floor. Both of them were wearing protective suits, and the workshop was quite stuffy. Closed plexiglass vats filled with a thick green liquid. That's the virus medium.

Florin explains, "These media are all grown by us to prepare the protein components that the virus needs. ”

"So, how much land can be used for the virus cultivated in such a large vat?"

"At the end of the day, there will be 15 billion viruses in a gallon of culture. According to the virus's ability to infect Amaranth, one gallon is enough for two acres of land to use. ”

"How long does it take to reach that concentration?"

"It takes twenty days. Florin said. "That's about 150 generations of the virus. After more than 400 generations, the virus will lose its ability to replicate and eventually die. ”

"Twenty days?" Link thought to himself.

At present, the capacity of the factory in Benihans is not very large. The company has two plants, one of which can only grow up to 600,000 gallons of virus in a cycle, enough for one and a half million acres of land use. The other one was slightly larger and could grow 900,000 gallons, which was only enough for 1.8 million acres. That adds up to three million acres.

And in the United States alone, there are more than 400 million acres of arable land. Even if only one-third of the land needs to be treated, it will take two and a half years to meet the demand. And the actual demand may be much more than he calculated.

"Florin, I think we need more capacity, do you have a good proposal?"

"We still have some space in our factory, maybe we can add some incubators. These incubators are not difficult to make. It should be all ready to arrive in half a month, and in a few days of installation, our production capacity can be doubled. ”

That's 20 days to grow enough for six million acres of land.

Link shook his head and said, "That's not enough. Not enough!" he said, after a pause. "Don't forget, we have other products. ”

Florin thought for a moment and said, "That's the only way to build a new factory." ”

The new co-factory? That would take more time.

"If you build a shack as a factory, will it work?"

"We don't have land, and the environment of the board houses is too basic. Florin thought for a moment and said. "It is very difficult for the prefabricated workshop to pass the production license. ”

It turns out that things like microorganisms have very strict safety requirements in the production process. Regardless of whether these microorganisms are harmful to humans or not, absolute measures are required to ensure that microorganisms do not flow out of the country without human control.

Therefore, workers need to wear protective clothing in it, and entry and exit need to be disinfected. Even the air conditioner is equipped with several layers of ultra-adsorptive filtration system.

In this case, Link had to say, "How long will it take to build a new plant?"

"It takes at least half a year from construction to obtaining a production license after review. ”

Link didn't expect to be limited in production capacity. He thought for a moment and asked, "Is there a way to increase the concentration of the virus?"

"Yes, but it would take longer, and if you could have grown it in a culture vessel for two more days, the virus would have a concentration of 350 to 40 billion gallons. But that would make the generation of the virus 160 to 170 eras. ”

Logically speaking, the replication of viruses usually multiplies from one to two, two to four. But in actual culture, the higher the concentration of virus, the less virus will replicate at the same time, and some of the virus will die.

"Then cultivate it for two more days. Also, is there an abandoned factory in Sacramento that could be converted into our production facility?"

Two more days of incubation can more than double the production capacity again. At that yield, the Amaranth virus should be enough to supply 12 million acres. Unless they just want to produce the Amaranth virus, they can only expand their production capacity.

When Florin heard this, he smiled and said, "Maybe this is a good solution." ”

As long as you find the right conditions, it is much easier to retrofit than to build a new one. He thought for a moment and said, "I'll ask people to look for it and see if there are any abandoned factories or warehouses." If it's suitable, we'll buy it or rent it. In the case of retrofits, the time required is at least half that of a new plant. ”

"Now it can only be like that. But then we may have a wide variety of microorganisms to cultivate, and maybe we need to build a production base. What do you think is the right place?"

The production of these factories needs to be guided by scientists at all times, so there must be scientists in the production base. Where to build a production base, of course, we should ask them the opinions of these scientists.

Florin seems to have thought about it a long time ago.

"Actually, the most suitable place would be the South Oregon Farm. But it was too far from the lab. So I suggest you buy a small farm near Sacramento. ”

Link nodded and said, "I'll let someone handle it." You also talk to scientists about what the production site needs to look like. ”

"Good. When I got back, I had a meeting with them. ”

Florin knew that this was a matter of planning in advance what kind of things would be produced at the production site. If Benehans wants to continue doing biotechnology, its products must be diverse. The production site must meet the conditions for cultivating multiple microorganisms at the same time.