Blackstone Code

Chapter 953: Enlargement

, The fastest update to the latest chapter of Blackstone Password!

After the applause of the people almost stopped, Lynch raised his hand and pressed it, "I have another thing to announce. We are going to increase our equity."

"We will use the closing price of the last day as an important basis for reference. After the assessment of the two consulting companies of Bupen, the current market value should be between 380 million and 400 million at every moment."

"We take the middle number, which is 390 million."

"You must be very clear about what happened in the company in the recent period. It is precisely because our raw material channels are restricted by others, so even if we should occupy a more important position in the transaction between the two sides, we still lose it. Initiative."

"In order to solve this problem, in order to give people more confidence in many ways, to make people believe that we will not fall, so increasing equity is inevitable."

"The increased share capital will focus on solving the problem of limited raw materials and establishing new research institutes."

"Because Mr. Wardrick and I agree, we already hold more than half of the shares, so we don't need to go through the shareholders meeting to discuss and vote to determine this matter."

"We initially intend to increase the value of 390 million shares, and all shareholders can subscribe according to the proportion of the shares held in their hands."

"This part of the funds will flow directly into the company's public account, and will be subject to the supervision of the general meeting of shareholders, the board of directors and myself."

"It doesn't matter if someone is unwilling to subscribe. The extra shares will be further allocated to shareholders who are willing to subscribe until the end."

"We have a week to think about it, and we will announce it a week later."

"Do you have any comments?" After Lynch finished speaking, he looked at Mr. Wardrick, who shook his head and agreed with Lynch's decision.

This change has made many people's expressions very unnatural. Simply put, this increase in equity means that everyone has to spend the same amount of money in their hands to maintain their voting rights.

Indeed, after the increase in equity, they have more stocks in their hands. Wealth has only changed a form to continue to exist-from the Federal Sol, the specific currency in circulation, to the company's stock, the value is equal. .

But in fact, their voting rights have not changed in any way. People with 1% voting rights will still have 1% voting rights after spending 3.9 million. It is not because he paid the 3.9 million. , The voting power has changed from one percent to two percent.

This is actually very rogue, and this is also the most direct and effective way for capitalists to continuously embezzle small and medium-sized enterprises-I will kill you by spending money.

Once those start-ups are successful, large and small shareholders will request additional stock issuances and increase equity, and the purpose of doing so is to kick the founders away.

The success of a startup does not mean that the founders also have money, just give a simple example.

A founder founded a company with a market value of 100,000 yuan.

Several investors invested 900,000, but only got 30% of the shares. When they invested, they would have a requirement to buy shares at a low price, and then more money would be added to the company's account by way of capital increase.

Many founders don't care about this. In their opinion, money entering the company's account is equivalent to entering their own pockets, because they always hold the most shares.

So the company now has a market value of 1 million, the founders hold 70% of the shares, and investors hold 30% of the shares.

At this time, the business was successful, the company's market value increased to 10 million, and the founder's shares remained unchanged, which also meant that he was worth 7 million.

But at this time investors require capital expansion-generally there are clauses or agreements in the initial investment contract.

They invested 100 million in one go.

At this time, the "seven million" in the hands of the founder is actually just the value of the shares in his hands, and he can't spend more money to continue investing.

His equity was diluted from 70% to 6%. It was almost he was not even qualified to attend the general meeting of shareholders, so he could only attend as a non-voting delegate.

Naturally, what he said is nothing but fart for the company. Those investors can easily decide who will be the president, and even determine whether the founders have voting rights.

They can even force founders to sell their own stocks through some legal or illegal means!

What if the founders keep up? If he wants to maintain his equity, he must spend at least 230 million yuan in additional funds to ensure that his equity is not diluted.

Even if he can take one round, what about the second round?

What about the third round?

When he is kicked out of the board of directors and can only attend the general meeting of shareholders, investors can transfer the funds with some simple means and keep the equity unchanged.

This is the situation now. Lynch has placed a bet. If others don't want their voting rights to shrink, they must call.

They have to collect 390 million in total to ensure that their rights remain unchanged.

But... next time?

Next time?

Some changes have taken place in the faces of all shareholders, including the faces of the managers of Rongsheng Jinxing.

He thought that when the company was acquired, even Lynch should focus on defense-for example, using funds to bid with other hostile bidders to recover stocks from shareholders.

But what he didn't expect was that he would increase his share capital as soon as he changed hands, which forced the acquirers to have to call.

If they don't follow, the shares they have spent a lot of money, energy, and more favor in the early stage will immediately shrink by half!

If they want to follow, almost 30% of the tradable shares are converted to non-tradable shares, they will have to spend more than 100 million to maintain the same.

And what Lynch did was to spend almost so much money.

This is a model of using one's own wealth to burn money compared to others!

What is even more irresistible is that Lynch and Mr. Wardrick hold more than half of the shares and can make resolutions without the approval of the general meeting of shareholders. They have no room to resist!

For a while, the conference room fell into silence, no one was talking, everyone was thinking about gains and losses.

Subsequently, Lynch announced some new plans and development directions of the company, including solutions to tobacco leaves.

We will use "black gold" tobacco leaves from Nagalil as the main raw material in the future, and tell everyone that the company has signed a 20-year supply contract with an agricultural product company in Nagalil.

All the tobacco leaves of the other party are only used to supply what is needed at all times, and will not be sold to the outside, and the price is low...

After the meeting, Lynch did not rush back, but called to inform the shareholders of Tomorrow Light Investment Company one by one that the meeting would be held tomorrow.

This is how it should be.

Lynch’s private increase in shares is his own business, but if the company wants to keep up, it will have to pay.

Public is public, private is private, the excuses of capitalists are really **** good.

In the evening, Lynch sat with Mr. Wardrick and Severilla, and Mr. Wardrick invited Lynch to dinner.

Don't look at it as if Lynch took the initiative to send the 5% of the shares to Mr. Wardrick. In fact, without Lynch, Mr. Wardrick would have to spend some money to buy these shares.

And these stocks didn't fall into the hands of Mr. Wardrick. Lynch played a little trick, he used some words.

In fact, Mr. Wardrick only owns 0.1% of the shares, and the remaining 4.9% is in the hands of Serviera. This can be regarded as a small gift from Mr. Wardrick to his daughter.

It's really annoying, when will this kind of small gift be popularized by ordinary families?

Enjoying an expensive dinner, the atmosphere is very harmonious.

Severella put down the wine glass in her hand and asked softly, "What are you going to do next?"

"Kick out those who don't belong to every moment, and then re-listed."

After Lynch finished speaking, Mr. Wardrick's eyes showed a look of appreciation.

He thought that Lynch would say something else, but he didn't expect that he would talk about the listing issue as soon as he came up. This also proved that Lynch has never changed and is still the little fox of the skater.

When he was young, Mr. Wardrick once owned a privately-owned company, and at that time he thought it was the best thing.

He gives orders in the company like a king. No one can oppose his request. Even if people know that his request is wrong, those people will still follow it.

Because he is the only king in the company, no one can disobey him.

That feeling...It’s hard to forget, but it’s not the right approach. Later, his company was sniped, and the family behind him did not give him assistance. His family didn’t take any action until he had to agree to other investors’ shares. Helped him.

This also made him understand a truth, no matter how strong a person, if you don't want to be excluded by the entire society, then it is best to abide by the rules of this society.

It restrains the strong and protects the weak. In fact, the opposite is true. It is also a kind of protection for the strong. It protects the strong from being eaten by the gathered weak.

Of course, this also has a prerequisite, that you have enough ability.

He thought that Lynch would be addicted to the control of power, but now it seems that he is sober.

Once re-listed every moment, the stock price will definitely rise all the way, or even exceed the previous highest price. This is why the "capital is correct". Everyone wants to make money, and you must also let those who are eligible to participate in making money~www .lightnovelpub.net~Severilla doesn't have that much emotion, she is a little unbelievable, "Is it that simple?"

Lynch nodded, "Then what do you think, how difficult should it be, or should I do something else?"

Severella did not continue to speak, but carefully savored the content of her chat with Lynch and the content of Mr. Wardrick's conversation with her.

She began to gradually get in touch with business matters. After all, Mr. Wardrick will get older and older. He can't always be in charge of himself. Someone needs to take over his work. His daughter is the best candidate.

Seeing his daughter grow up in every incident, Mr. Wardrick was a little bit emotional.

God did not give him a boy, but gave him a smart girl.

-====

In fact, there are many terms and restrictions on financing, and there are even many gambling agreements. The situation is very complicated. The example here is just a simple distance and does not have any practical value.