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Chapter 1741: Big Smart Broad

After Zhou Ming and McClan decided on the shareholders' meeting, they immediately notified all shareholders.

This is not just a simple notification, but more importantly, it is to stabilize the emotions of these shareholders in the company.

After all, these investors were all made of green US dollars, and they lost 30 percentage points in just a few days. How could these investors not be irritable and manic?

Why do you say that these share of falling has been increased by your valuation?

Sorry, capitalists don’t want to take this trick. In their eyes, the money that rises is their own. If it falls, it won’t work!

The most representative of them is McClan's uncle Broad. Although he invested in the Chita project under Zhou Ming's persuasion, he still bought shares in the Egasden project in private afterwards.

Broad's logic is very simple, which is to diversify investment. Egasden is a proven project after all, while Chita has great risks. Therefore, in order to balance the risks, he wants both! And later, Broad bought the company's stocks issued by McClan as soon as possible.

At that time, Broad felt that he was such a clever person, but when the stock market crash hit, he was immediately stunned.

Whether it is Pissart, Egasden or Chita projects, all shares are falling.

Maybe the Chita project was invested in advance, but it just dropped the profits, but the shares of Egasden and Pissart that he bought privately was a pure loss.

Brod had been contacting McLaren and Zhou Ming to withdraw the stock, but this request was difficult. Until now, he suddenly received a call to hold a shareholders' meeting, Brod suddenly felt that this was an opportunity.

So Broad called Edward immediately, and he first asked Edward about his losses in the incident.

Knowing that his losses were also huge, Broad immediately showed his position: "This is really too much. We cannot suffer such unknown losses!"

Broad's words were supported by Edward, which made Broad more confident.

Broad told Edward that now McClan wants to reorganize the company's shares, after all, it is to weaken their shares.

"This is very evil. We bought the shares for US dollars, and they are not qualified to weaken them!"

"Don't they still have to repurchase shares? Then let them buy back all the shares we have."

"Now that Mr. President has made this bill, it is clearly aimed at the Chinese. I also heard that the Chinese are doing things wrong all over the United States. President Walsh is teaching him a lesson."

"So Pissart is obviously finished and no one can save it. All we can do now is jump the ship before he goes bankrupt!"

Edward agreed with Broad's judgment, but he did not have any confidence in selling the shares to trap.

"The so-called share repurchase, they just repurchase shares in the market to stabilize the stock price, and they cannot repurchase the shares in our hands."

"And now it is also the lowest point of the stock price. It is probably not a wise choice for us to sell the shares at this time."

Faced with Edward's concerns, Broad reminded him that this meeting was not only for them, but also for wealthy families such as Rockefeller and Morgan and Citi.

"The wealthy families have a much more demanding attitude towards investment than we do, so my idea is to win the recognition and support of wealthy families like Rockefeller and Morgan."

"We do this not only to simply ask for our money back, but more importantly, to gain favorable impressions for wealthy families like Rockefeller and Morgan."

Edward also agrees with this. After all, who doesn’t want to be a wealthy family across the United States?

Although they have a good status in Okrama, if they are placed on Wall Street in the United States, it is not enough, and they will even be called "country buns".

They don’t want to get out of Okrama, but this is not that easy. It would be easy to have a wealthy family like Rockefeller and Morgan. Therefore, it would be quite cost-effective to get on their line with this Pissart share incident.

Their approach is also very simple. They believe that a wealthy family like Rockefeller and Morgan are not local capitalists like themselves. If they target a little investment, they will be very embarrassed. At this time, someone needs to propose it for them. If they play this role easily, they can win their favor.

Of course, what is more important is that they still have a say in a small company with a foundation in Okrama City.

"I didn't expect Mr. Broad to be so cruel, which is amazing," said Edward.

Broad told him: "As an ideal businessman, the first thing to do is to make yourself the right choice forever!"

Brod is still of some level and reaches a cooperation with Edward in just a few words.

...

Two days later, the major shareholder meeting of Pissart was held, and Broad and Edward, Salta Investment Company and other institutions all arrived at the conference room of the Bares Building on time.

Although it only took two days, these people's expressions were impatient and I hope there would be a solution as soon as possible.

When they arrived at the building conference room, Broad and Edward did not see people from top wealthy families like Rockefeller and Morgan, which made them more confident in their ideas.

These big wealthy families wanted to withdraw their shares, but were embarrassed to say it out themselves, so they simply stopped coming.

So at this time, people like them who can stand up on their behalf are even more needed.

With this idea, Broad and Edward were calm and sat down first.

When the others saw their calm appearance, they couldn't help but admire them. They thought that Broad and Edward were really amazing and could still be so calm at this time.

With the examples of Broad and Edward, everyone else calmed down. After all, everyone is a major shareholder and can't be looked down upon.

A few minutes later, when Zhou Ming and McClan walked into the conference room, they were also amazed by this situation.

However, since these guys have such strong self-management ability, Zhou Ming is naturally happy to be idle.

Zhou Ming asked McClan to sit in the upper seat and sit next to him. Then a technician came in and installed a telephone and connected to the speaker system.

Zhou Ming told everyone that because representatives of the wealthy families such as Rockefeller, Morgan and Citi have already arranged their itineraries, they couldn't find time for the time being, so they participated in the form of a telephone conference.

Broad and Edward smiled at each other, as if the whole scene was in control.

At the beginning of the meeting, McClellan first stood up and apologized to everyone, saying that he did not expect to be targeted directly by the federal government.

"Originally, we thought the federal government would at least take care of its own face and would not take action directly, but now we find

They really dared to do this if they were wrong."

McClass then changed his subject and said that although he was targeted by the federal government, Pissart would not go bankrupt.

"We still have a chance, and this is why we call everyone here to hold this meeting this time. I think we need to carry out some stock reforms."

Although everyone had preparations and ideas before coming, now I heard McLaren's words, I was still in an uproar.

At this time, Broad thought the time was ripe, so he immediately stood up and said, "This has nothing to do with us!"

Broad's sudden speech attracted everyone's attention, and Broad expressed his own opinions under everyone's attention.

He mentioned that so many companies in the United States have a joint-stock system, only Pissart has received special attention from the federal government, which must be the reason why they are too greedy.

"Other people's shares need to be issued as much as they need to be issued, and they are all carried out in a planned manner, but only if you sell shares uncontrollably, this has attracted the federal sanctions bill. This is your responsibility and has nothing to do with us!"

"Now you are going to carry out share reform, and I will not comment, but at least, you have to find a way to make up for the losses of us shareholders."

Brod's idea was immediately agreed upon by other shareholders.

"Yes, everyone invests to make money, but now we have lost a lot, so you have to find a way!"

"What are you targeted by the federal government? If you weren't fooling around, Mr. President will only target you if he eats too much."

"We don't care about others, but you are Okrama's company and we are Okrama's investors. You have to solve this problem for your own people."

With all the shareholders' consent, Broad was proud, and that was the situation he wanted.

Broad even said to McClan: "As uncle, I am helping you. Any joint-stock company should first put the interests of shareholders first, otherwise no one will dare to invest in you again in the future!"

Edward and other shareholders later said that they were both Okrama's brothers and that they could tolerate failures in the stock market, but other shareholders were not so easy to talk to, so he had to think about how to make up for the losses of shareholders.

Faced with the noise from the shareholders who were mobilized by his uncle, McClell subconsciously glanced at Zhou Ming, a little cowardly.

But Zhou Ming didn't say anything. McClass knew that he had to find a way to solve it himself.

McClass then took a deep breath: "I know everyone is very worried about the current situation of Pissart. The reason why we want to reform shares in this meeting is to protect everyone's interests and to ensure that such things will not happen in the future."

McClass then introduced the main contents of this share reform, one is to use corporate funds to repurchase shares. On the one hand, this is to stabilize the stock price, and on the other hand, it is to optimize the company's share structure.

The second is to carry out internal share restructuring, merge the Egasden and Chita projects, as well as other pre-sale projects with the company's shares.

"Doing this can stabilize the company's valuation, ensure that the company's stock price will not fall further, and at the same time increase the company's competitiveness..."

Brod sat in his seat, looking at McLaren's speech without a smile.

Dear nephew Maclain, it seems you still don’t understand that this is not a problem of reform!
Chapter completed!
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