Chapter 155: The True Master of Stark Industries
In a large conference room in the Stark Industrial Office Building, all the company's directors are present.
They sat in their chairs, talking familiarly, complaining about Tony Stark, who had been delayed.
After Howard's fake death, Stark Industries was in trouble for a while, and at the instigation of Obadiah, Tony Stark sold 10% of the 40% shares of Stark Industries that he inherited from Howard to save the troubled company, which led to the current board of directors.
In addition, after the company went public, Tony Stark reduced his stake by 20% as a tradable share, and now Tony only holds 10% of Stark Industries' shares, and after a series of share changes, the size of the board of directors has been further expanded, and now there are a total of nine directors, who control more than 10% of the company's shares.
So the actual control of Stark Industries is not in the hands of Tony Stark, but in the hands of these board members here.
This is also Obadia's plan, through the board of directors to override Tony and master Stark Industries.
As for Tony Stark, the board members, like Obadiah, just use him as a tool to make money for them, and Tony Stark is constantly developing new types of weapons, and they sell them to anyone who needs them, whether they are national troops or terrorists, as long as they bring them wealth, they don't care who gets them.
In this regard, they are in line with Obadiah's ideas and pursuits, so when Tony plans to close the weapons manufacturing department, they do not hesitate to stop Tony's work and help Obadiah seize power and give him full control of the company.
This is also the result of Obadia's years of planning and hard work.
Now that Obadiah, the face of the board, is dead, Tony Stark, as chairman, has called them together for a board meeting, and they don't know what Tony's purpose is for this board meeting.
Although he has become an Iron Man, in their eyes, he is still the playboy who is played with by them and applauded, if they were, he would never reveal his identity, he is still as arrogant and naïve as before.
If he was aware of the times, they wouldn't mind reinstating his job and letting him continue to be in charge of the company and make money for them.
After all, Tony Stark is a genius when it comes to weapons development, and as long as he is willing to continue to develop more advanced and powerful weapons for the company as before, then they will continue to enjoy the endless wealth that Stark Industries has created for them.
And if Tony Stark is still stubborn, they don't mind continuing to restrain him and re-establish an obedient spokesperson, anyway, Stark Industries' existing weapons technology is enough for them to make huge profits, and without Tony Stark, they will only make less.
So when Tony Stark walked in, the board members didn't have any respect for the chairman in their eyes, but a kind of condescending scrutiny.
Soon, however, their eyes turned to the people who had walked in with Tony Stark, especially when one of them, a tall and slender young Chinese with a cold and majestic face, sat down in the chair that originally belonged to the chairman, and the brows of several directors couldn't help but wrinkle.
"Tony! Who is this person? ”
A man who looked to be in his fifties, wearing a pair of gold-rimmed glasses and a mean face, asked unceremoniously to Tony Stark, who had just sat down next to Chen Mo.
Tony Stark ignored his questioning and didn't even look at him.
Dare to speak with this attitude, I will ignore you!
Moreover, he didn't know how to introduce Chen Mo and tell everyone, this is my godfather, you can call him dad like me?
Ah no, it's uncle, because he's almost a hundred years old and has just come out under the ice.
You can live here to point fingers, all thanks to his life-saving grace back then!
Tony Stark just convened the board of directors in accordance with Chen Mo's request, but Chen Mo's plan, he didn't know, but no matter what Chen Mo wanted to do, he would fully support him.
The director who asked the question just now found that no one was paying attention to him, his face turned red with anger, he glared at Tony Stark fiercely, and turned his gaze to Chen Mo, just as he was about to question Chen Mo directly, Chen Mo's eyes suddenly looked at him.
Chen Mo's eyes were indifferent and cold, making people feel cold all over the body, as if they could freeze people's souls, and the sharp aura contained in them made people's hearts twitch, and the questioning words that were just about to be said were directly suffocated back into their stomachs, and their arrogant heads unconsciously lowered their heads, avoiding Chen Mo's sight.
Chen Mo's gaze swept over the faces of everyone present, and everyone who met his eyes, the originally arrogant expressions changed in an instant.
These directors are just rich people who have the power of the company, in the final analysis, they are just ordinary people, how can they be compared with Chen Mo, who has killed countless people and held the imperial power of the empire.
Under his sharp eyes, they retreated one after another, not daring to look at him, and they couldn't help but feel a little jealous of this strange figure who suddenly appeared in their hearts.
After indifferently glancing around, Chen Mo raised his hand and waved at Phil Coulson behind him, and when he and Pepper Pepper Pepper stepped forward to hand out the few documents they were holding to everyone, Chen Mo said slowly.
"I'm the boss of this company!"
Everyone present, including Tony Stark, was stunned when they heard this, and then saw the documents that Phil Coulson and Pepper had placed in front of them.
With doubts, everyone opened the documents in front of them and looked at them.
As the documents flipped through, the expressions on everyone's faces became more and more exciting.
At the top of the document, there is a copy of the equity transfer contract, which shows that Howard sold 60% of Stark Industries' shares to Chen Mo for $60 million 70 years ago, that is to say, the person named Chen Mo on the contract holds 60% of the company's shares and is the real boss of Stark Industries.
In fact, everyone present knew that Stark Industries had a mysterious major shareholder who occupied 60% of the company's shares, but he never showed up or interfered with the company's operations.
The huge dividends every year have always been hit to Howard's private scientific research account, and after Howard's "death", he became Tony Stark, so Tony Stark's research funds have been provided by this mysterious controlling shareholder, if it weren't for Howard's previous research on anti-gravity technology that was too expensive and spent all the money in the account, Tony Stark would not have sold his shares in order to save the troubled company at the instigation of Obadiah.
Although Tony Stark only owns 10% of Stark Industries' shares, he actually enjoys 70% of the company's dividends, and the directors on the board of directors are only about 1% each.
However, Tony Stark was obsessed with weapons and technology research and development, and spent most of this huge profit on experiments, and the final results were handed over to Stark Industries for production and sales, saving the company and other shareholders a lot of research funds.
It's just that Tony Stark didn't care about these before, in his opinion, experimentation and research are his hobbies, he enjoys the process, and Stark Industries is also his own company, there is no need to calculate it so clearly.
So the shareholders of these boards have actually been taking advantage of Tony all along, and they are at ease.
Tony Stark didn't care before, because anyway, the last 70% of the profits still went back to him, and money is a number to him, Stark Industries was established by his father Howard, and now it is in his hands, he wants to see it continue to grow and develop, and his research results are used by his own company, so why not count any research and development expenses.
Now, of course, after being calculated by Obadiah and the board, Tony won't be as naïve as he used to be.
In fact, everyone, including Tony, didn't know the situation of this mysterious major shareholder before, his information seems to have been deliberately hidden, everyone only knows his existence, but no one knows who he is, and why he has a controlling stake but never participates in the management of the company, and gives huge dividends to the Stark family to use at will.
At this time, this contract solved the doubts in everyone's hearts, and an additional clause on the contract stated that Chen Mo would give all the proceeds to Howard for research.
As for not participating in the management, it was a private verbal agreement between the two, of course, for the two of them, this is enough, if it weren't for the fact that the distribution of equity and income requires official documents, the two don't even need to sign the contract, Howard dares to rely on Chen Mo's account? Apparently he didn't have the guts.
And if Chen Mo defaults on his debts, Howard can only endure it, who will let him not beat Chen Mo.
When the authenticity of the contract was checked, they didn't think it was fake, but some people found problems.
"This contract was signed seventy years ago, don't tell us, you are Chen Mo?"
Although they were intimidated by Chen Mo's momentum at the beginning, it was a major matter related to the control of the company, and the huge benefits made them put aside the fear in their hearts.
At this time, Tony Stark, who had finished reading the contract, spoke.
"You should know my father's identity, during World War II, he joined a special department of the Allied Forces, and you must have heard of one of his former comrades-in-arms, that is, the commander of the special combat team, Chen Mo!"
"That's the one in front of you!"