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Home > Fantasy > The Master of Destiny > Chapter 298

Chapter 298

Words:2226Update:22/06/25 07:11:29

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"I think Sister Mei's prediction is too optimistic."

The private accountant Li Mochen hired was called Huangfu Enda, and the reason why Li Mochen decided to hire him was because of Li Mei's recommendation.

The position of a private accountant was extremely important, and Li Mochen had to find someone he could trust.

Huang Fuenda, on the other hand, was an excellent accountant. He graduated from the University of Chicago with a master's degree in law and a master's degree in accounting. He used to work for Ichabod, one of the top four accounting firms in America. Before he resigned, he was already a senior accountant in Ichabod.

For an Asian who was generally discriminated against in the business world in America, this was a very rare achievement, let alone in five years.

However, it was also because of the discrimination and the ceiling above him that Huangfu Enda decided to jump ship from Ichabod.

This was also to repay Li Mochen's father's kindness. His family was poor, and the reason why he could make a name for himself was because of Li Chunchu's support.

"I think the period of huge profits can only last for half a year at most. After that, the company will face more and more cruel competition. It may even usher in a period of low profits due to the increased competition, until enough losers are squeezed out of the market. With the number of stores we have now, it will be a good result if we can maintain a profit of 30 million gold duns after six months. Don't forget, if the company wants to expand beyond Atlanta, we will have to hire a large number of security personnel, which will also increase our operating costs. However, I still believe in Xuri Company's business strategy. Not only will the company's operating costs be reduced, but it will also have a great future of appreciation. I suggest Boss to complete the financing as soon as possible. With our current profit, it is estimated to be at least 1 billion gold duns. Sufficient funds will help us complete the expansion as soon as possible, occupy the market, and take the lead. "

Hearing this, Li Mei pursed her lips and did not refute. She only added, "Speaking of the security department, Kadeem wants to expand as soon as possible, and Zhang Wei also thinks that he is starting to fall behind."

Li Mochen was not surprised to hear that. Although Zhang Wei's ability was very good, in the past, he was at most a security director in a company with a market value of 20 million.

Most importantly, this person was only a Level 14 Magician. Even if the Xuri Company did not expand, they would still need to hire at least ninety security teams and more than five extra-legal combat teams to ensure the safety of their seventy-nine shops. On the other hand, Zhang Wei clearly did not have the strength or reputation to command a group of magical professionals that was equivalent to a marine battalion.

"I will implement this as soon as possible."

Li Mochen looked at Li Mei. "There's a saying in the East that it's easy to go from frugality to extravagance, but it's hard to go from extravagance to frugality. I hope that our company can control the cost from the beginning. We can't relax because of the company's current profits. The same goes for personnel training. Please help me pass this to Kadeem. "

Alyssa, who was sitting in the corner of the sofa, could not help but sigh. If they only relied on hunting, how long would it take for them to earn so much money? She had lost count of the profits and assets of the Xuri Company.

Then there were the personal assets belonging to Li Mochen, which were relatively small and simple to understand.

First was a short-term wealth management fund with a daily interest rate of two ten-thousandths. The fund matured in one and a half months. This was what Li Mochen was going to use to pay his taxes.

Li Mochen also had six million gold duns in cash, which he was going to donate to political organizations or charities.

Instead of giving the money to the government, it was better to donate it in exchange for actual benefits and reputation.

Li Mochen didn't plan to set up his own charity fund for the time being. Otherwise, he could also donate money to his own foundation. Then, his clothing, food, shelter, and transportation could all be paid by the foundation.

Then there was the twenty-storey Bert Building. Li Mochen had bought the building for twelve million gold duns not long ago.

As for Richard Publishing, the only thing that was worth a little was the land where the printing plant was located. Considering that it still had four million gold duns in debt, the assets of the publishing company were almost in the negative. If no changes were made, it was estimated that the company would lose another two hundred thousand to five hundred thousand gold duns next year.

Other than that, Li Mochen had completed the inheritance procedures for Li Chunchu's offshore companies.

Previously, the four offshore companies owned two storage centers in Atlanta, a sublet factory, and two five-story buildings. Then, there were three residences, two skyscrapers, and five stores in Europe and America. There were also two small docks in Brazil and Savannah Port. The total value should be between 190 million to 230 million gold duns.

Two weeks ago, Li Mochen bought Craig Community Bank, Building 34 on Anfark Street, Bloody Hand Security Company and its building 22 on Anfark Street, and the Amway Laundry chain with 15 stores.

It was worth mentioning that the first three businesses. Li Mochen had spent a total of six million gold duns at the auction. Of course, he had actually spent more than that. In addition to the money laundering, he had also done some work with a few councilors in the court.

Then there was the liquid assets. Li Mochen now had a total of 180 million gold duns in cash, 22 million gold duns worth of gold bricks, 40 million gold duns worth of stocks, and 100 million gold duns worth of various magic fantasy materials. More than half of them were left behind by Li Chunchu.

The deputy head of the Sacred Blood Hunt Group was right. The Antorian continent was indeed a place of huge profits.

However, Li Mochen dared not let Huangfu Enda come into contact with Li Mei for the time being. Therefore, he could only estimate the value in his heart, which was between 560 million to 650 million gold duns.

"Boss, your finances are very healthy now. In fact, it's too healthy."

Huangfu Enda looked puzzled. "It's not a problem to buy Mr. Mortauer's shares. Even if it's just your endorsement income, Boss, it's enough for the major banks to be generous. If Boss can trust me, I can help you negotiate with the banks and lower the annual interest rate to below 8%. "

"But Ammo's goal isn't just the Georgia Post. He's also interested in Firefly Media," Alyssa Targaryen said calmly.

Elisa Targaryen said calmly, "Not long ago, Ah Mo's close friend suggested to him that if he intends to take over the Georgia Post, then he might as well take over Firefly Media."

She didn't say that this so-called close friend was Angela Medici —

Huangfu Enda's pupils contracted. "As far as I know, Firefly Media's share structure is very centralized. Flag Hunt Corporation is also very powerful. "

When Li Mei heard this, he felt his heart skip a beat. He sighed and thought to himself, Ah Mo's ambition had already grown to such an extent?

Li Mochen, on the other hand, felt helpless. He just wanted to publish a comic. How did it end up like this?

"The problem is that Flag Hunt Corporation no longer has the patience to run it."

Alyssa Targaryen told him what she had heard. "Flag Hunt Corporation, which is based in the underworld and the development of the New World, has astonishing financial resources, but the recent war in Anatolia has left them with no time to care about anything else. Three of their Hunting Groups have been crippled. In order to raise funds for the war, they've been selling their assets in the market. It seems that they intend to sell Firefly Media. Of course, it might be a few months later. "

Huangfu Enda couldn't help but push the glasses on the bridge of his nose. "I'm not sure what the situation will be in a few months, but if it's now, I suggest that Boss give up. If we want to buy Firefly, we have to prepare at least 400 million gold duns in cash. After all, Flag Hunt Corporation spent 120 million gold duns to buy the Southern Limited Television Station. And Boss, your main business is still the Xuri Company. You can't take out that much money for the time being. Even if you buy the Georgia Post and use this part of the shares as collateral, it's still far from enough. Unless you're willing to use the shares of the Xuri Company as collateral, but this will put your management of assets in a disadvantageous position. In addition, Firefly Media itself is losing money. If Boss can't turn the situation around after taking over, it will be a heavy burden. "

This Firefly Media was a media company that Flag Hunt Corporation had invested a lot of money into. It had two fashion magazines, a sports magazine, and also owned the Atlanta Daily Telegraph and the Southern Cable Television Station. In the past two years, it had been expanding its influence in the southern states. However, its losses were also large, and it was difficult for the outside world to know the details of its financial report.

However, Firefly Media still had influence. Just the Atlanta Daily Telegraph alone had 170,000 subscriptions and 400,000 sales. The number of paying subscribers of Southern Cable TV Station had also reached 3.5 million. The majority of Firefly Media's losses were here. Without enough money to buy exciting programs, it was difficult to retain the paying subscriber base. The previous Flag Hunt Corporation had been completely throwing money at it.

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