Chapter Ninety-Nine: A+ Pedal Company
Rushed back to New Jersey overnight, on the 24th, in the small conference room of the suite chartered by Song Ya, Hayden, Delay, Song Asheng, Goodman all came, as well as Will Gardner and his female assistant, all gathered together.
"Boss, all the mortgage documents have been checked by the First Bank of New Jersey, as long as Nong fills in a number, they will issue the loan." Song Asheng put a document in front of Song Ya.
Song Ya filled in the number of three million and signed it.
Will Gardner magically pressed the purchase price from 7 million to 5 million from AW Investment, but because of the previous acquisition incentive agreement, Song Ya had to pay the other party nearly 670,000 yuan in incentives, plus 5% of the purchase price is 250,000 yuan in attorney fees, and some miscellaneous service consulting fees, Lockhard and Gardner Law Firm earned nearly a million dollars from him in just three days.
"How else to say that lawyers are easy to make." Song Ya sighed.
"You should complete the acquisition as six million, isn't there one million less?"
Will Gardner laughed and shoved through a large pile of papers, "The Warren Brothers synthesizer library, fixed assets, employees, trademarks, all patents, and unfinished orders are all yours. ”
Goodman and Song Asheng cooperated and helped Song Yashen again.
Four million deposits and three million loans are a total of 7 million, 6 million are spent, and the remaining 1 million will be found by Song Asheng to find a stockbroker to buy shares of Microsoft and related companies, which is also Song Ya's first investment in a software company.
"I'm going to do another spin-off, and the copyright library will be incorporated into A+ Audio. The Warren Brothers synthesizer company was divided into two parts, and the newly established A+ pedal company left five employees and one clerk, inherited all the patents, trademarks and orders of the original company, and used the existing equipment to complete the orders in the factory, and after the new factory in the Bay Area was completed, all of them were relocated. The new company will take out a mortgage from First Bank of New Jersey for all necessary plant rent, severance and ongoing production costs, as well as the cost of a new factory in the Bay Area in the future. ”
This was an agreement he had previously negotiated with Wilgardner, and the obsolete production and office equipment would be auctioned off by a local auction company.
"You found the management of A+ Pedals?" Will Gardner asked.
"Roberto Clevard introduced one, the former sales manager of Warren Brothers Synths, who had been out for several years, and had been doing very well when he was here, and he was poached by other companies after Warren Brothers Synths went downhill. This time, I offered the position of general manager and a good annual salary and share expectations, and he was willing to come back, and he could instigate a few old connections to agree to the severance after he returned. Song Ya replied.
"Nice candidate." Will Gardner has not only negotiated with AW Investment Company in the past three days, he has bought off several employees through various means, and at least 20 of the 35 members of the current union have agreed to be dismissed, and with the opposition of local lawmakers who have some unknown connection with the First Bank of New Jersey, the deputy manager Wiser is no longer a threat.
"If you were willing to give Wyser a managerial position, we would have to spend a lot less energy and money." Will Gardner said.
Song Ya pouted, "Don't, I don't want to use this kind of person." ”
On the same day, a contract was signed with AW Investment Company to complete the acquisition, the new general manager of A+ Pedal Company also arrived the next day, the division and disposal of assets were also done step by step, all the obsolete production and office equipment were marked by the local auction company one by one, and advertisements were also put out, and by the weekend, nearby factory owners and residents would be attracted to try to pick up the leaks.
Wyser gathered a group of 200 people to demonstrate at the factory gate.
"We will never agree to severance! We're going to work! He took the lead in shouting, "The local councillors have betrayed us too!" Follow me to the councilor's office! ”
The crowd was about to move, and two police officers walked out of the police car next to them, "Mr. Wiser, your operation was not approved and authorized by the Warren Brothers Synthesizer Company union, it is an illegal act, please come with us...... You have the right to hire a lawyer......"
After reading out the rights, he escorted him into the police car.
The demonstrators looked at each other, and most of them had come to help or join in the fun, but now when they heard that the main union had not passed, there was still some trouble, so they dispersed one after another.
Over the weekend, some of the assets were auctioned, and the rest of the things were all disposed of cheaply to the local scrap company, and Song Ya returned more than 100,000 knives of blood.
On Monday, March 4th, Song Ya officially announced the closure of Warren Brothers Synthesizers.
There are only a few people left in the factory who have been selected to maintain the pedal orders, and they will be relocated immediately when the new general manager who goes to the Bay Area gets the plant and equipment there. The non-technical part of the pedal has also been tendered, and a Hong Kong trader has won the order, and they will subcontract the production to the factory of Huaguo Shenxun, and then ship it to the new factory in the Bay Area.
"Thank you for trusting the boss."
In the evening, Song Ya held a small drinking party, and Delai was very excited to express his gratitude to Song Ya, after all, when he first mentioned the proposal to acquire the copyright library, he didn't expect that things would be so big.
"The copyright library I included in A+ Audio was converted into a loan from A+ Copyright and Asset Management Company, and you are far from achieving your goal of making a profit." Song Ya reminded him with a smile.
"I understand, I'll do it." DeLay guarantees.
"It went very well!"
Roberto Clevell got five percent of the shares of A+ Pedal as he wished, for which he took out 150,000 dollars of real money, "I wish us success." He raised his glass.
"Now the company is still saddled with a loan of more than one million from the First Bank of New Jersey." Song Ya smiled and clinked glasses with him, not forgetting to warn him that even if this independent company became insolvent in the future, it would not hurt himself, after all, the main goal of the copyright library had been included in A+ Audio.
Song Ya's personal mortgage loan of 3 million, plus the loan of more than 1 million from A+ Pedal Company, this loan of more than 4 million directly changed the attitude of the local councilor. The money from A+ Pedals was used to relocate a new factory, repatriate employees, purchase raw materials and subcontract components, maintain company operations, and develop new products.
"It's all about gambling."
Roberto Clevell, who came from a large Brazilian family, has the demeanor of a noble son, and the rich class in Brazil are mostly white, but they are very low-key in the local area, and like to spend their money in both Europe and the United States.
"So......," he said, "it's time for me to get back to music, because Miss Kelly's new album is coming out in May." ”
"Oh yes." Song Ya has been busy for the past few days, and only then did he remember that he was going to participate in David Letterman's late-night show in early March, and he hadn't practiced the song for a long time.
At this time, the phone rang, and it was Michelle's call.
"Look at the four major news stations (ABC, NBC, CBS, CUU)." She was concise and to the point.
Song Ya found the TV and turned it on, and it was all scrolling through a video of tens of seconds, and the four white policemen were beating a black man with batons all the time, and they were very ruthless.
"This is a very serious incident of discrimination, and we are going to do a solidarity event in Chicago." Michelle said.
"Well, I'll be back then." Song Ya agreed.