Chapter 354 The original capital is actually myself
The deputy commander's son, George Jr., is only a nominal director, and his relationship with Wall Street is actually not that close.
The Screen Fund behind him is a private equity fund sold to wealthy people on Wall Street. Ronald does not yet have the strength to let others set up a separate fund to make films for himself.
Ronald didn't know any Wall Street connections, so he had to call his private lawyer, Lindsay Doerr, and accountant Lawrence in New York. He asked them to find out if there were any suitable channels to meet Wall Street bankers.
What was a small law firm back then has now become a promising mid-sized law firm in New York. In addition to Lindsay Doerr, who has received business from multiple large companies, Bobby Donnell, the law firm's named partner,
There is a very strong relationship with the prosecutor of the Southern District of New York.
For a financing of the scale of Ronald's Daydream, the bank's president would have too much control over the investment. And the financing that a general VP can decide is too small, so the connections of their law firm can be just as useful.
"The banker Minahan Golan hired was Michael Milken, who helped Minahan raise $300 million through junk bonds with high interest rates.
The issuance of junk bonds requires the company to have a long history of data. Minahan made so many bad movies, which helped Milken creatively use accounting standards and inflated the bubble.
And your daydream, except for a few music videos, commercials, and aerobics video shooting, has no film history. So your more realistic method is to find a personal bank to give you some loans.
If you are willing to accept Citibank's personal banking services, I can arrange some loan plans with customers."
Lindsay Dole and Bobby Donnell discussed it. The most realistic thing for Ronald now is to get the publishing contract and then apply for a mortgage loan.
"I'm tired of those studios. They have to attach a lot of conditions and modify the script. I want to distribute this movie myself."
"Then you have to find other methods. The interest rate on credit loans is too high and it is very uneconomical for you to use it. Recently, there are rumors on Wall Street that the Federal Reserve will raise interest rates again..."
…
"Dangdang..." The door of the conference room was knocked several times, and a middle-aged man broke in.
"Lawrence?" Ronald saw that it was his accountant Lawrence, "What news do you have? Is it good news? Have you found a capitalist who is willing to raise funds?"
Lawrence smiled and replied, "It's good news, but it's not a matter for capitalists."
"Can you give me some private space?" Ronald smiled at the lawyers. He only left his personal lawyer Lindsay.
"Good news, two of your major investments, Coca-Cola and McDonald's, are about to split.
McDonald's split its stock at 1.5-for-1, and Coca-Cola split at 3-for-1.
Here's the registration document you sign, and by the time the ex-dividend date comes, you'll own three times as many Coca-Cola shares."
"But the price will drop, right?" Ronald didn't understand stocks, but thinking about it, it was impossible to maintain the original price after splitting the shares.
"Theoretically, this is the case, but stock splits generally mean that the company is optimistic about its future prospects and hopes to introduce more individual investors to facilitate their purchase of stocks. Moreover, Coca-Cola launched a new formula of Coke last year, and its sales in the first quarter of this year
An increase of 8%.
The market is generally optimistic about the prospects, and a three-to-one stock split is also a very unusual ratio. It is expected that after today’s announcement, the stock price will still rise when the market opens next week. This means that your stock will still rise.”
"How much more can it rise?" Ronald now has about seven million worth of stocks on hand, and Douglas Jr. can still use three million. If he can get a total of fourteen million, he can produce and release "Spicy"
"Body dance" is enough.
"I don't know. I asked several stockbrokers and they all said it could rise by more than 10%."
"Let's bend our fingers and pray." Lindsay Dole was also influenced by Ronald and bought some Coca-Cola stock, not to mention Lawrence. For a while, the three of them made the sign of the cross on their chests.
When he went home to see Aunt Karen on weekends, Ronald was often absent-minded. He was too distracted to hear what his aunt asked him.
"What's wrong with you, Ronnie?" her aunt grabbed Ronald's hand and asked her nephew, who was acting strangely today.
"I want to make a movie, but the Hollywood studios don't want to sign a distribution deal with me, so I might have to use my own money to make it..."
Ronald was still a little worried. Seeing Aunt Karen asking this, he somehow felt relieved and told his aunt all the difficulties he encountered.
"Why didn't they sign with you?" Auntie didn't understand.
"Because they are worried that this story will affect the choices of Jewish girls."
"What nonsense? If you don't watch movies, girls won't date boys? These people are really weird. Just wait for me."
Aunt Karen walked into the bedroom and after a while took out a check and handed it to Ronald.
"This is three hundred thousand dollars, my share when the leg warmer company was sold. If you don't have enough money, count it in my share."
"How can this work?" Ronald declined. This is a little reserve fund for his aunt's future retirement life. How can he use it to risk investing in his own movie?
"What's wrong? If you hadn't come up with the leg warmer business, I wouldn't have been able to make this money. In fact, I still had some savings during the years when the company was running the company. Plus, I still have this house, and Eric and I can't make as much money."
Being able to continue working in a restaurant will not affect me.
Besides, your movies always make a lot of money, why, don’t you want your aunt to share the profits too?"
"Hahaha, as long as you have confidence in me." Ronald accepted the check. Anyway, he could still live in Hollywood for a long time and he would not be unable to pay back the money from his aunt.
"That's right, if you make a lot of money, I will use it as money for Donna's future wedding." Aunt Karen said with a smile.
…
"This is our office, the best office building in Manhattan. You can also see the Statue of Liberty opposite.
On the National Day in a few days, the first couple will announce the reopening of the Statue of Goddess there. This time, the funds for the renovation of the Statue of Goddess were raised only through donations from all walks of life.
Look, it's right there."
Lawrence invited Ronald to the office of the stock brokerage company. Here today, they have to look at the situation and decide whether to sell Ronald's stocks.
"Why is there a Coca-Cola billboard there?" Ronald looked at the Statue of Liberty opposite with the telescope handed to him by the stockbroker. The scaffolding underneath was being dismantled, and there was a huge Coca-Cola billboard on the largest steel frame next to it.
Advertisement. Above is a new version of Coke can with the name new coke written on it.
"Both Coca-Cola and McDonald's are raising funds for the renovation of the Statue of Liberty. For every burger McDonald's sells, it will donate one cent to the renovation fund. The same goes for Coca-Cola. New Coke also started donating one cent in the past six months.
Advertising and Marketing War.”
"Bang...bang..." The stockbroker opened two new Coke cans and handed them to Ronald and Lawrence. The assistant also bought McDonald's breakfast burgers, and everyone ate them.
"Why is it so sweet? It's like Pepsi-Cola."
Ronald took a sip of New Coke and tasted the difference. New Coke was a little sweeter and he didn't like it very much.
"Give me a bottle of that..." Ronald pointed to the table and said to his assistant.
"Bang..." He got a bottle of cherry-flavored Coke, which is a new flavor launched together with New Coke.
"Well, although it tastes weird, it's not that sweet after all."
Ronald drank a cherry-flavored Coke and ate McDonald's breakfast.
The stock broker entered the stock code on the computer in advance, and the real-time stock price of Coca-Cola began to display like a ticker on the large display screen on the wall.
Before the stock split news was announced, Ronald's Coca-Cola was selling for $105 per share. Since then, the stock price has been rising, just as Lawrence expected. At the end of last week, it closed at $121.75.
Today there is a three-to-one stock split. Ronald and the others feel that as long as the stock price can be maintained above $40, they can sell it all.
The light bulbs in the large display screen on the wall began to display a marquee-like effect under the command of the program.
The words "ko 121.75" are repeated three times, moving rapidly from right to left.
It’s still last weekend’s closing price.
"Dingling bells Lingling..."
"It's open!"
Ronald immediately raised his head and raised his chest, concentrating on watching the real-time price updated by the ticker.
"ko,42.75"
"Is this an increase?" Ronald looked at Lawrence.
"It's equivalent to about 128 before the stock split." Lawrence picked up the calculator and pressed it hard, then quoted a price that Ronald could understand.
"Then let's sell it!" Ronald was overjoyed. This was 6% higher than he expected.
"Wait a while, it can still go up." The stock broker quickly called the New York Stock Exchange.
"Put 44 to sell part of it."
"ko,43.15...ko,43.40..."
Ronald stared closely at the ticker, and each cycle would bring out a new real-time transaction price.
"ko,44.25..."
"Deal!"
"Keep selling!" the stockbroker yelled into the phone.
"ko,44.80...ko,45.50"
The stock price continued to rise, and the broker's selling order was taken as soon as it was placed.
"45.50, no, 46..."
The transaction price is updating rapidly, and Coca-Cola's stock price is rising slowly but surely.
“ko 46.50……ko47.20”
"Continue to clear out, quickly!"
The agent seemed to have discovered some clues and yelled into the phone.
Ronald didn't understand it at all, but he was driven by this enthusiasm and became inexplicably excited.
He took a can of New Coke that he couldn't get used to drinking just now, popped the tab, and drank it in one gulp.
"It seems to taste pretty good too."
Twenty minutes after the market opened, all of Ronald's Coca-Cola shares had been sold out.
"The average transaction price is 46.50, all sold out. A total of 9.3 million. Plus the McDonald's stock you hold, if you sell it after the stock split, you can get a total of more than 10.5 million from this sale.
cash."
"Hmm..." When Ronald heard this number, he sat down on the soft sofa.
"Dirty Dancing" has this cash, plus little Douglas's money and Aunt Karen's money, the total is almost the same.
"It fell, it fell"
The stockbroker's assistant was still staring at the big screen.
"ko45.50...ko44.50"
Coca-Cola's stock price gradually went lower, and finally stabilized at a price of 43.80.
"Do you want to cover your position, Mr. Li?" The stockbroker asked Ronald after seeing the price.
This time Ronald sold out most of his stocks and took the cash, which was not particularly good for his business.
Although the legend of helping famous Hollywood directors make a lot of money can help him attract more clients in the industry, it would be best if Ronald could continue to buy and sell stocks here.
"Forget it, I can't make this money."
Although the air conditioner was turned on at a very low temperature, Ronald was still sweating profusely and his heart was pounding. This kind of wealth that could reach hundreds of thousands every minute made him feel too exciting.
"Although there is still a little money left, it's better not to take risks. Even if the stock price rises tomorrow, it's not something I can earn with my heart."
Lawrence was also sweating nervously, and his stocks were sold out, making a small profit.
The two found a hotel with a small hammam and took a completely relaxing bath.
"Little Doug, I found enough money, now we can start the project." Ronald calmed down his excitement and dialed Little Douglas's phone number.