Chapter 81: Get rich overnight and get poor overnight
After lunch, Chen Mo took the keys to Chen Chen's Ferrari and drove Bright to San Francisco...
The sports car is a novelty.
The driving feel of the Ferrari 812 is better than that of the old model, and it has its own merits compared to the new model.
Even Chen Mo couldn't feel the subtle difference. I heard from Bright that Ferrari is his love and he dreams of buying one. When he settles down, he will go to the second-hand market to have a look...
In the company's conference room, the chairman of Wellen Company had arrived early, and there were several investment company delegations. Everyone was drinking coffee and reading the third-party company's evaluation report on Tangxia Yipin.
Each shareholder has already had a copy of these reports, and now it is the latest evaluation. It involves some of the company's secrets, which can only be read in the company. Secrets, such as the company's specific business reports of restaurants in various regions, major future operating projects, etc.
"Hello, Mr. Chen Mo." John Michael stood up and shook hands with Chen Mo.
The two met once. Before, John Michael gave people the impression of a cold and clumsy CEO. Today, he smiled and stood up and stretched out his hands when he saw Chen Mo.
Chen Mo shook hands with him and said with a smile: "Hello."
John Michael only recently learned that Chen Mo is a billionaire...
There are many wealthy people in the San Francisco Bay Area, and there are only a few dozen billionaires. Refers to net worth...
There are nearly 200,000 rich people with a net worth of more than one million in the San Francisco Bay Area.
Where the rich gather together, class culture is also particularly obvious. Rich people basically live together. In China, it is called class culture and circles, but here it is called community culture.
The elite class of old Americans are all very realistic, and they will also give more respect to people who are richer than themselves.
"This is my manager and a shareholder of the company, Brett." Chen Mo introduced to John Michael.
"Hello, Mr. Bright."
"Hello, Mr. John Michael." The two also shook hands and gave a ceremonial hug.
Chen Mo and the others picked up the information and read it carefully.
After two o'clock, Bai Xiaoou came in and handed out a newly signed contract to everyone: "Garrison Investment Company has officially become a member of our company. This financing will issue 65 million shares. The price is US$1.45 per share.
27 million shares were subscribed at the price..."
"5 million shares serve as the company's equity pool..." Equity pool means that in a company, in order to make the company develop longer and stabilize the cohesion of employees, the company's shares are dispersed to various companies according to different positions, length of service and other standards.
As for employees, it is not only the company's top executives who are allocated equity, but the company's grassroots employees can also enjoy the company's equity.
This part of the stock usually has a stipulation on how many years it cannot be sold.
"30 million, according to the proportion of their respective shares, subscribe at a price of US$1 per share, or you can give up the subscription. The remaining shares will be sold to the public, and each bet of 1 million shares will be divided into 38 groups. The one with the highest price will win...
"
Bai Xiaoou brought people from the accounting firm and the law firm over to exchange the old stocks for new stocks...
Chen Mo has 4.37 million shares, which will be 10,000 shares after being exchanged for new shares.
Garrison Investment Company subscribed at a price of US$1.45, which means that each share is worth US$1.45. Chen Mo can be said to have made a fortune by investing in Tangxia Yipin.
It is really fast to make money with money, but it requires luck. But often, as long as you succeed once, you will make a lot of money.
At a price of 1 yuan per share, Chen Mo purchased 8.7 million shares.
Bright also subscribed for 1.59 million shares. He couldn't afford so much cash, so he could only look at Chen Mo for help.
Bai Xiaoou subscribed for stocks with a loan...
Next, Chen Mo was not in a hurry to go back to the ranch, and settled down in the San Francisco Bay Area to study how to subscribe for the company's remaining 38 million shares...
The company hired a third-party agency to adopt a secret bidding method.
There are a total of 38 groups, each group contains 1 million shares, and the starting price for bidding is US$1 million.
At the auction a few days later, not only Chen Mo attended, but Chen Xiao and Chen Chen also came to participate in the bidding.
Garrison Company subscribed for 27 million shares at US$1.45 per share. The transaction price for each bet should be around 1.45 million.
Fill in the secret bid in the morning and announce the bidding results in the afternoon...
There are 38 bets, Chen Mo has filled in each bet, and the price ranges from US$1.29 to US$2.11.
In the end, Chen Xiao received 3 million shares, with an average price of US$1.85 per share.
Chen Chen received 2 million shares at an average price of US$1.81 per share.
Chen Mo alone received 14 million shares, the cheapest group was $1.52 and the most expensive group was $2.1.
In the hidden bid, each group has a different quotation. For example, in group 27, Chen Mo quoted US$1.78 and failed to win. In group 31, Chen Mo quoted US$1.61 and failed to win. There are many groups where Chen Mo quoted more than 1.52.
U.S. dollars... There was even a bid of $2.05, but it didn't win. Neither did Chen Chen and Chen Xiao bid it away...
Chen Mo’s 14 million shares had an average price of $1.82.
…
The total share capital of Tangxia Yipin Company is 155.87 million shares, and Chen Mo holds 10,000 shares, accounting for 24.93%.
Wellen Restaurants holds 30.86 million shares...
Garrison holds 29 million shares...
Bai Xiaoou holds 16.02 million shares, accounting for 10.027%.
With this financing, Chen Mo became the largest shareholder, Wellen Catering was the second, and Garrison Investment Company was the third...
The joint venture between Wellen Catering and Garrison has a larger shareholding than the joint venture between Chen Mo and Bai Xiaoou.
However, Chen Mo also has Bright, who owns 4.55 million shares. Together with Chen Xiao and Chen Chen, they account for 42.17% of the company's shares.
The company's equity pool accounts for 8% of the company's total shares.
At this stage, no one can threaten the company's management rights...
In this financing, after deducting intermediate expenses, the company received a total of US$133 million in cash, which can be said to have exceeded the task.
Chen Mo personally contributed US$34.2 million.
Chen Xiao and Chen Chen received a total of 5 million shares, and spent a total of 9.17 million. Chen Mo gave them a total of 10 million pocket money, and there was not much left.
Chen Mo went to Wells Fargo Bank and asked them to help him file his taxes... The ranch made a profit and most of the taxes were paid, but there was still some tax left over, totaling more than 200,000.
Selling the ranch, buying the ranch, subscribing for company stocks, and other expenses... Chen Mo still has 70.69 million in his account.
Among them, after public subscription of Tangxia Yipin stock, although it is not a listed company, the company's stock has still begun to circulate in a small area, and the price per share is about US$2.
As the major shareholders, Chen Mo and the others cannot trade their stocks, so they can use these stocks as collateral for bank loans. The mortgage amount per share is about US$1.7.
With less cash, net assets have increased a lot.
Back home, Chen Chen and Chen Xiao were studying stocks. As non-tradable stocks, their liquidity is very poor, and every transaction is very troublesome...
Chen Xiao bought 3 million shares, borrowed the money from Chen Chen, and is considering using the stocks to pay off the debt.
Chen Xiao's asking price is too high. She will only sell it to Chen Chen for 2.15 yuan per share, otherwise she will sell it to someone else.
These two scammers...
In the end, Chen Xiao sold US$530,000 worth of stocks to Chen Chen and paid back the money he borrowed from Chen Chen.
The three of them were eating bread at home and checking how much money was left in their respective accounts.
Chen Mo went in to pour a glass of water and saw Chen Xiao grabbing her messy hair: "Brother, what should I do? I still have more than a thousand yuan left in my account."
Chen Chen looked at his wife: "I bought a car before... I still have more than two thousand yuan in my account, which should be enough for you to spend, right? I follow my elder brother and basically don't spend much money." Chen Chen looked at Chen Mo with a smile.
.
"You guys can't chew on your old age too much." Chen Mo drank water and spread his hands: "I don't have any money anymore, and I don't plan my own life. I still have a lot of things to do at my ranch..."
"Haha, my dear brother. What's mine is not yours. If you need money in the future, if you give an order, how much money do we have and dare not to hand it over obediently? My dear brother, the second sister-in-law will officially come to our company tomorrow.
Go to work, see if you can buy us some beautiful clothes and bags." Chen Xiao ran over to act coquettishly, pouted, and handed the share contract to Chen Mo obediently: "Well... we just discussed it at home.
These things are still left to you for safekeeping."
Chen Chen's share is also here...
There are two types of stocks: registered stocks and bearer stocks. Bearer stocks are convenient for transactions...
Chen Mo was speechless: "Doesn't Chen Chen still have money?"
Chen Xiao pouted: "My second brother gave me a Ferrari, and I bought my second sister-in-law a Continental convertible... He said that the 812 was not pleasant to drive and wanted to drive a convertible. Do you think he is a prodigal?"
Chen Chen shrank his head, fearing that Chen Mo would talk about him, and said with a smile: "Brother, take it. Chen Xiao said that with our stocks, you and Brother Xiaobai have absolute say in the company...
"
"Okay, I'll accept it then." Chen Mo smiled and put away the documents.
"I suffered a big loss..." Chen Xiao pursed her lips and glared at Chen Chen: "You also made so much money, I even put my own little treasury into it."
"Don't make trouble." Chen Chen gave Zhang Xia the rich bank card: "I will go to the ranch with my elder brother tomorrow. Take care of yourself here."
"Well, don't worry."
Chen Mo smiled and stretched: "Let's go shopping and buy clothes. Don't call me stingy. Today's consumption quota of 20,000 yuan will be allocated by yourselves after discussion."
"Local tycoon."
"Luxury."
Zhang Xia also gradually let go of the way she got along with Chen Mo and Chen Xiao, and said with a smile: "Let's go."
Chen Mo went upstairs to put down the documents, and a few people came downstairs and got ready to go: "When it comes to shopping, you all are very energetic. Making money is not easy, and you still have to save what you need to save."