Anne met Kinna's niece, Lulana Korshunova.

Abel went to another place.

He went to San Diego, California.

San Diego is a Pacific coast city located in the extreme southwest corner of the continental United States.

It is the capital of San Diego County, California, and the second-largest and third-largest economic city in California.

San Diego has a well-developed communications industry and biopharmaceutical industry.

The founder of &A, Qualcomm is headquartered here.

Pfizer, Novartis, Amgen and other international biopharmaceutical groups have also set up headquarters or branches here.

But Abel came from Los Angeles this time, and he didn't go to Qualcomm first, nor did he go to those pharmaceutical giants.

He came here to find one of his own companies.

In the headquarters of Sampura Energy.

April 13th.

The day is Friday.

At the request of the company's founder, Zixiu Martin.

Every Friday, executives in the San Diego neighborhood return for a high-level meeting.

On weekdays, every Friday, the large conference hall of the Sampura Energy headquarters would be crowded.

Today's spacious, bright and luxurious conference room.

The executives present only had two or three kittens.

They are all the kind of executives who have a close relationship with the Martin family, and they are already inseparable.

Zixiu Martin, the current CEO and chairman of Sampura Energy, walked into the conference room with his secretary.

Look at the few conference rooms.

Zixiu Martin's brows couldn't help frowning, and he whispered to the people around him:

"Why are there so few people today??"

"It's all noticed, but that's all that's left for the people who came."

The secretary muttered quietly.

Zisiu Martin has a sense that the tide is gone.

He just said, "Hold the meeting on time."

With that, Zisiu Martin walked over to the head of the table and sat down.

Just as he was about to start a meeting.

There was a hint of chaos in the front desk and hallway on the floor where the conference room was located.

"Sir, sir, I'll go tell you sir first."

In the corridor outside, several Sampra Energy employees tried to prevent outsiders from entering.

"Get out of the way." At this time, a middle-aged man in a suit and leather shoes with an elite appearance stood up.

Alan Baker picked up an equity document and unfolded it in front of these people.

When these people were dumbfounded, Lincoln and Johnson, two big black men, pushed away the staff in front of them.

In the corridor of the headquarters of Sampura Energy, many people are looking at it curiously.

An incomparably powerful group of people continued to move forward.

This time, although many people looked at it curiously, no one stepped forward to stop it.

Because they were already in the crowd, saw Abel Smith.

Click-

Both doors of the conference room were pushed open at the same time.

Abel, with a faint smile on his face, was the first to enter the conference room.

"You are..."

Everyone in the conference room was a little confused.

Zixiu Martin was even more annoyed, and looked at the familiar young man with a gloomy face.

After recognizing Abel, Zixiu Martin was stunned for a moment, knowing that the general trend had really gone.

Several executives, who were close to the Martin family, stood up to say something.

Alan Baker, who was behind Abel, rushed in, directly took out the equity certificate document and shook it in front of everyone, and then said in a deep voice:

"My client, Mr. Abel Smith, has completed the acquisition of 68.69% of the shares of Sampura Energy."

"More than half of the shares, Zixiu Martinxian

Sheng, you are no longer qualified to sit on the throne of the chairman of the board of directors."

Zisiu Martin jerked to his feet, pale face, and propped his hands on the conference table.

Able walked out with a smile and waved his hand to stop Alan from continuing.

"With 68.69% of the voting rights, I demand a new election of the chairman, and I am the chairman, who is in favor and who is against?"

Abel had a warm smile on his face, but his eyes were extremely sharp.

Abel didn't look at anyone, only at Zixiu Martin.

Because now there are only two shareholders left in the entire Sampura Energy Company.

It's all in this room.

The meeting of the two is the real shareholders' meeting.

The corners of the current chairman's mouth twitched, his forehead was bruised, his hands were clenched into fists, his eyes fell on the tall and handsome Abel Smith, sighed lightly, removed his body from the chief position, and bowed his head to Abel in great frustration and said:

"Congratulations on becoming Chairman of Sampura Energy, Mr. Smith."

As he spoke, Zisieu Martin left his seat gloomily, giving up the most important position.

Abel walked over and shook hands with Zissiu Martin: "Thank you! Please support me in the future, I think we will have a great time working together."

Zisiu Martin would love to say that I would never work with you.

It's just that the situation is stronger than people, and the old guy also knows that it's useless to say these cruel words.

It only angered this terrible young man.

Zisiu Martin's choice was silence.

When Abel had ascended to the throne, he looked around.

Then Abel smiled at Alan Baker, who walked next to him, and said:

"I can let the gentlemen in. Sampura Energy is not just my company with Mr. Zixiu Martin, Sampura Energy is everyone's company."

Alan Baker smiled and nodded respectfully, took out his mobile phone from his arms and called.

"Let the gentlemen in." Alan Baker said after making a phone call.

Abel smiled at Zixiu Martin and the others, who were sitting down below, with a blue face:

"Just wait a minute, they'll be coming in soon."

See Abel with Alan Baker in this way.

Zixiu Martin's heart moved, and a thought that made Martin feel very bad rose up.

This idea was quickly proven to be not an idea.

It really happened.

I saw the door of the spacious and bright conference room, five or six minutes after Alan Baker made that call.

A large number of former executives of Sampura Energy, led by General Manager Delevingne, walked into the conference room.

As soon as Zixiu Martin saw the general manager Draven, he couldn't help but roar:

"Draven York! No wonder the phone can't get through, it turns out that you betrayed me!"

General Manager Draven turned back to Zixiu Martin with a smile and said confidently:

"I'm sorry, Mr. Martin. I have never been loyal to you, I am only loyal to the Sampura energy that pays me a salary. Now that you are no longer the chairman, then I will naturally obey the orders of the new chairman!"

"Dravin!" Zixiu Martin gritted his teeth.

Mr. General Manager had already ignored Zixiu Martin, and he came to the third position in front of Abel and greeted Abel respectfully.

"Hello Mr. Smith. No, Chairman Smith, hello."

Able smiled and waved his hand, "Sit down." Delevingne, Sampura Energy can't do without you."

Draven's face suddenly turned happy and he sat down happily.

The other executives of Sampura Energy who came in later also greeted Abel one by one.

After receiving Abel's response, they took their seats on either side of the table.

Originally, when Zixiu Martin held a meeting, there were only two or three kittens of company executives.

By this time, they had all arrived, filling all the seats in the entire conference room.

So much so that the advisory group and bodyguards brought by Abel could only stand.

"Alright."

Abel smiled and said:

"Looks like everyone is here. I would like to announce the commencement of the first management meeting of the new Board of Directors."

"First of all, I would like to announce that Delevingne York will continue to serve as General Manager, with no change in his duties and responsibilities."

"Secondly..."

Abel clapped his hands, and behind him stood a woman in her forties, dressed in a workplace OL suit.

"I am announcing the appointment of this Ms. Mary Joksi as the company's Chief Financial Officer, responsible for finance."

Mary Joksey nodded to the crowd with a smile after Abel's words fell.

The original CFO of Sampura Energy was sitting next to Zixiu Martin with a pale face at the moment.

The former CFO, also surnamed Martin, was a nephew of Zixiu Martin.

The chairman of the board has been replaced, and this important position can no longer be filled by Martin's people.

One after another, Abel announced the appointments of other executives.

It can be said that all the remaining people in the company have been wiped out.

At the end, Abel smiled and said:

"Finally, in view of Mr. Zisiu Martin's strong work ability and project development ability. I'm going to set up a Greater China District over there."

"I would like to appoint Zixiu Martin as President of Sampura Energy Greater China. Mr. Zisiu Martin, would you like to take on the burden of helping the company expand its territory?"

All of a sudden, everyone's eyes in the conference room were on Zixiu Martin.

Under the convergence of many eyes, I saw Zixiu Martin smiling bitterly.

Zisiu Martin stood up and began to look expressionless: "I resign. Sorry, Mr. Chairman. I resign."

"Oh." Able smiled, "I approve. But Mr. Zisiu Martin, you are the second largest shareholder, you own 31.31% of the company, and I think it would be better for you to hear what is going on."

Zisiu Martin's face became even more uneasy, and he stood in the distance and stared at Abel.

"In the name of the shareholders of Sampura Energy, I hereby initiate a general meeting of shareholders."

Abel smiled, and he looked at Zixiu Martin.

"At this shareholders' meeting, the company's profit dividends for the next 10 years will be voted on."

"My proposal is to make the company better. In the next 10 years, the company will not distribute profits, after all, we have all been successfully delisted, and we are no longer listed companies."

"Alright, let's vote. With 68.69% of the voting rights in my hands, I support the decision of this shareholders' meeting!"

"Mr. Zisiu Martin, as another shareholder, it's your turn to vote."

The eyes of everyone in the entire conference room were once again focused on Zisiu Martin.

Zixiu Martin looked trembling and looked at Abel with a grim face.

After a few seconds, Zissiu Martin raised his hand, "Mr. Smith, I am willing to sell you all 31.31% of the shares for $58 per share."

Abel thought to himself, wouldn't it be good if you cooperated like this earlier?

It's a waste of me coming here to make such a show, being a bad guy in front of so many company executives.

"I accept." Abel smiled.

In this way, 100% of the shares of Sampura Energy Company fell completely into the hands of Abel Smith.

Abel spent a total of $17.1 billion to fully control Sampura Energy.

In addition, it spent $14.5 billion to control a 51% stake in California Pacific Electronics.

His investment in these two energy companies amounted to $31.6 billion.

But in fact, he didn't have so much money out of his own pocket.

Because the 51% stake of Pacific Electric in California is invested by the Pacific Commercial Bank of the United States.

United States

Pacific Commercial Bank is a shareholder of this company with the funds held in trust by the bank's customers.

In other words, Pacific Commercial Bank is a Pacific Electric that uses customers' money to invest.

The same is true for Sampura Energy.

> 100 million US dollars of investment, Abel himself only contributed 7.1 billion US dollars.

The remaining $10 billion came from loans from the U.S. Pacific Commercial Bank.

Of the total $31.6 billion in investment, Abel only came up with $7.1 billion in cash.

That's the benefit of having your own bank.

As long as those customers have confidence in the American Pacific Commercial Bank, they have confidence in Abel, the chairman.

Then this mode, he can always play.

Sampura Energy, for its part, will immediately begin merging with Ales Energy.

At the same time, it was reorganized and internal adjustments were made.

Sampura Energy also officially changed its name to Pacific Energy.

It is very similar to the name of Pacific Electric in California, USA.

But "Pacific" is a pan-trademark that anyone can use.

What's more, Abel himself is the chairman of Pacific Electric in California.

Of course, Pacific Electric will not express its dissatisfaction with Sampura Energy's change to this name.

Pacific Electric didn't say anything, so other companies called Pacific naturally wouldn't react.

In this way, Pacific Energy was officially established.

The next step is internal integration and business adjustment.

This will last for about a month.

A month later, after removing the influence of the two founding families, the Martin family and the Taylor family.

Pacific Energy will officially become the company that Abel has the final say.

One of the troika envisioned by Abel, it also officially set sail.

In addition, Abel did not leave San Diego immediately after he took over Sampura Energy.

He simply left downtown San Diego and came to a suburb of San Diego.

To be exact, Abel went to a complex of buildings on the outskirts of San Diego.

The buildings in this suburban building complex are generally not high.

The tallest main building is also only 10 floors.

The shape of this building is still very strange.

Entering the lobby of the building on the first and second floors, the walls are written in blue (Qualcomm patent wall).

There is a patent for A on this wall.

But this is only 1/10 of Qualcomm's "patent pool".

The place where Abel came was the headquarters of Qualcomm, a communications company that was still very weak at this time.

&1 year Qualcomm can be said to be in the worst year since it went public in 1991.

But in fact, since 1999, the situation has become difficult.

In 1999, at the peak of Qualcomm's stock price, it once reached $77 a share, and the company's market value once exceeded $35 billion.

Then start diving.

Now, two years later, Qualcomm's stock price is now $5.34 per share.

There are many reasons for all this.

One is that Qualcomm's own financial report is not profitable, the other is related to the bursting of the Internet bubble last year, and the other is that Qualcomm's CDMA is not currently mainstream.

In this era when feature phones are still not perfect, Qualcomm's mobile patents are too advanced.

Qualcomm has a total share capital of about $550 million, and its total market capitalization today does not exceed $2.6 billion.

In this case.

The entire Qualcomm company, including founder and chairman and CEO Owen Jacob.

For Abel's arrival, of course, they are all in a state of infinite welcome.

When Abel arrived at the Qualcomm main building, all the senior executives of the entire Qualcomm company ran to the door to greet him.

「. This is the famous Qualcomm patent

The wall."

Entering the hall on the first floor, Abel looked up at the blue wall, and he smiled and said to the respectful Owen Jacob next to him:

"It's really an admirable research company."

Don't look at the later Qualcomm incarnation of patent trolls.

By guarding the patents, it will be able to collect patent taxes all over the world.

But that's because it has 90-10 years, close to 20 years of patent accumulation, and it can be this patent troll.

Before becoming a patent troll, Qualcomm had nearly gone bankrupt many times due to excessive investment in scientific research.

In recent years, Qualcomm's annual investment in scientific research has exceeded 15% of its total revenue.

Not 15% of profits, but 15% of revenue, it can be said that it invests more than 60%, or even more, of profits in scientific research.

At its peak, Qualcomm's investment in scientific research once reached 21.5% of its total revenue.

This kind of investment in scientific research has led to the emergence of patent trolls in later generations.

It can be said that this year and next year will be the most difficult two years for Qualcomm.

Especially next year, Abel remembers that its stock price even fell to more than -$3 at one point.

That is, its stock price was negative at that time.

Of course, the stock price can't really be negative.

This is due to the fact that the U.S. stock market has a tradition of "poor company performance and high stock dividends".

When the company is not good, increase the dividend to resist the stock price, the company's revenue is decreasing, and the dividend is still so high.

After the complex re-entitlement and ex-rights, the stock price is negative on the panel.

This usually only lasts for a month or two, and as long as the company is profitable, it will slowly return to normal.

Of course, if there is no profit in the future.

Then this company may be bankrupt.

This can only happen to companies that are in a bad situation.

Otherwise, which company will become negative because of the dividends and shares.

And in the past two years, Qualcomm has been such a spicy chicken company.

After all, how could people in the past two years know that only ten years later, the Internet, which is now in the ascendant, will be replaced by a more powerful mobile Internet so quickly?

Except for Abel, the traverser, no one can know.

Then Qualcomm this company.

Now, naturally, it will be used as a dung pit.

As everyone knows, behind this dung pit, there is actually more and more gold that is dug more and more, and the more you dig, the more valuable it becomes.