January 11th, Wednesday …
In the conference room of Dream Realization Ventures, the investors were drinking tea as they waited for Boss Pei to arrive.
Many of these investors had rushed over from Beijing. They did not look very good, perhaps because they were tired from the journey or for other reasons.
Li Shi tried his best to liven up the atmosphere, but the investors still looked at Meng Chang like they wanted to skin him alive.
As for Meng Chang, he had an 'it doesn't matter' expression on his face.
It was as if he had been completely burned out. His thoughts and soul might have drifted away even though he was there.
The atmosphere was a little stiff.
The investors would occasionally chat and exchange pleasantries out of politeness, but everyone's faces were gloomy. It was obvious that they were in a bad mood.
This was a reasonable thing. How could he be in a good mood when his money disappeared without a trace?
Ordinary people would feel pained for months if they lost a few thousand yuan from buying stocks. They would wish they could hang themselves if they lost more than a hundred thousand yuan. These investors, on the other hand, had lost millions of yuan.
These investors knew very well that there were risks in investing, but who would have thought that Meng Chang, who looked like a reliable entrepreneur with thick eyebrows and big eyes, would mess things up?
Meng Chang's Cold-Faced Lady had received at least 20 million yuan in investment. After a round of hype, the valuation had reached nearly 300 million yuan. In the end, Meng Chang lost everything.
The investors had nothing left other than the shares of the Cold-Faced Lady.
However, now that all sorts of negative news had been released about the Cold-Faced Lady and Meng Chang had become a judgment debtor, no one would take over this mess. These shares were already worthless.
How could these investors not be angry?
Of course, this was a business rule. No matter how angry the investors were, they could not do anything to Meng Chang. What's more, even if they did something to Meng Chang, they would not be able to squeeze any money out of him.
As for Meng Chang, he was already lying flat.
He did not have to be responsible for the investors' money, but the investment agreement he signed with Boss Li stated that he had to be responsible for the Cold-Faced Lady's debts. He already owed the suppliers a few million yuan now, and this money had to be counted as his personal debt.
Of course, Meng Chang had tried his best to find investors to save the Cold-Faced Lady's fate when there was a problem with the capital chain. However, Boss Pei had sold his shares twice, the series of negative news that the Cold-Faced Lady had released, and other events had seriously affected the investors' confidence in the Cold-Faced Lady.
The conditions of the investors were very strict. If they did not sign the unlimited joint and several liability agreement, they would not get a single cent.
Meng Chang was in a dilemma, but he definitely could not take such hot money. That was because he knew very well that if he did not take the money, he would only owe a few million yuan. If he took it, he would probably owe a few hundred million yuan.
In the end, the longer it dragged on, the more debts they incurred. It was only when they could no longer hold on that the news broke out.
After becoming a judgment debtor, Meng Chang knew very well that the Cold-Faced Lady brand was finished. Now, even if a Golden Immortal of the Great All-Embracing Heaven were to appear again, he would absolutely not be able to save him.
Since that was the case, he might as well pretend to be dead. A dead pig does not fear boiling water. Anyway, this debt could be paid off slowly, and the other investors could do whatever they wanted.
Thus, the Cold-Faced Lady had already become a dead end.
As for Li Shi, apart from He Desheng, he was the one with the best mentality.
Li Shi had also invested a sum of money, but he had invested for a completely different reason and motive than the other investors.
Li Shi had indeed panicked when he heard that the Cold-Faced Lady was going to die. However, Boss Pei's expression that he was willing to step forward ignited Li Shi's endless confidence.
As long as Boss Pei did not completely give up on a project, it could not be said to have completely failed!
The scene remained in such a contradictory and subtle atmosphere as they waited for Boss Pei's arrival.
Finally, footsteps could be heard from outside.
The door to the conference room opened. Outside the door, He Desheng said respectfully to a young man, "Boss Pei, everyone is here."
Everyone in the conference room immediately stood up and looked at Boss Pei like a drowning person who had seen the last life-saving straw.
There were also some investors who had some special guesses about the time Boss Pei would appear.
The investors had already arrived in the morning. Why did Boss Pei specially set the time in the afternoon? Was there any special meaning behind this?
After all, there were too many stories and mysteries about Boss Pei. Many things that were very ordinary and reasonable to others had a special meaning to Boss Pei.
Pei Qian waved at everyone. "Hello, everyone! Please take a seat. "
The high-spirited Boss Pei brought life to the previously lifeless conference room.
The investors could not help but wonder what had happened to Boss Pei. Why was he so happy?
According to the rumors, Boss Pei had always been a person who did not show his emotions. Even when he had earned hundreds of millions of yuan from Dayak Corporation, he did not show much happiness.
However, he was beaming with joy today. Could he have earned more than 500 million yuan from a certain industry?
The aura of these investors had subconsciously weakened.
There was only one thought in Pei Qian's mind: The exam was finally over!
It was the last closed book exam this morning. Although he didn't answer it perfectly and missed a few points during the revision, at least his answers were close to the mark. He definitely had a passing mark. Whether it would be 65 or 70, that would depend on God's will.
How could he not be happy after working so hard to revise for so long?
The corners of his mouth curled up unconsciously. Everyone could see it.
Pei Qian did not mind. In any case, he just wanted to understand the situation today. He wanted to buy some rubbish assets based on the situation so that he could better incur losses in the future. It did not matter what these investors thought.
Pei Qian sat down at the head of the table. Li Shi and He Desheng sat on his left and right. The other investors sat on both sides of the conference table. Meng Chang sat alone opposite Boss Pei, looking like he was interrogating a criminal.
Li Shi said, "Boss Pei, let me briefly explain the current situation of the Cold-Faced Lady."
Pei Qian roughly understood after listening to Li Shi's explanation.
All in all, the Cold-Faced Lady had run out of money and could not obtain more financing. The money earned by the store was far from enough to support normal operations. Thus, the valuation collapsed and the shares in the hands of the investors were worthless.
There was no falsehood in these words, and no one dared to lie to Boss Pei. After all, He Desheng could verify this information a little.
Lying in front of Boss Pei would only have the opposite effect. It was better to be honest and leave a good impression on Boss Pei.
Everyone was waiting for Boss Pei to speak.
The current situation of the Cold-Faced Lady was a dead end in everyone's eyes. They had already confirmed that they had lost all their money. Who would continue to throw money in? Boss Pei had already earned a few million yuan through the Cold-Faced Lady and safely escaped. There was no reason for him to return to this quagmire.
However, Pei Qian's first sentence made everyone's jaws drop.
"How many shares of the Cold-Faced Lady do you have? I want all of them. "
The investors looked at each other. Happiness came too suddenly. They were not mentally prepared.
Even a glimmer of hope flashed across Meng Chang's blank eyes.
In terms of shares, Meng Chang obviously had the most shares as the founder. However, it was useless no matter how many shares he had if no one wanted them. Logically speaking, the investors had the right to sell their shares first. It would not be his turn as the founder. However, it seemed like Boss Pei wanted all the shares?
If that was the case, he could sell a portion of the shares in his hands and recover a little.
Of course, he could not sell the shares at the previous valuation at this point in time. He would most likely sell them at a lower price than cabbages.
However, he would sell them if he could. At the very least, he would repay a portion of his debt.
Meng Chang no longer fantasized about financial freedom. All he wanted now was to reduce his debt.
An investor raised his hand and asked tentatively, "Boss Pei, what price do you plan to pay for the shares?"
Pei Qian looked at He Desheng.
He Desheng whispered in Pei Qian's ear, "Boss Pei, Meng Chang, the founder, still has at least 40% of the shares. Boss Li has less than 30%. Given the current situation of the Cold-Faced Lady, everyone's psychological price would be very low. Three to five million yuan symbolically should be about right. "
Pei Qian was slightly surprised. "Boss Li has that much?"
He Desheng nodded. "Yes, Boss Li recently bought a small portion of the shares at a low price. The price is also very low."
Pei Qian looked at Li Shi, who smiled back.
Pei Qian was speechless. He had a feeling that Li Shi would not sell his shares.
However, that did not matter. In any case, Boss Li only had less than 30% of the shares. It would not affect the control of the Cold-Faced Lady at all. What's more, Pei Qian did not think that the Cold-Faced Lady could earn money in his hands. The brand's reputation was completely ruined.
Pei Qian looked around at everyone and said, "Three million yuan to buy all the shares of the Cold-Faced Lady. However, the prerequisite is that I have to buy more than 70% of the shares at once. Otherwise, I won't buy it."
He did not waste any time and gave the lowest price based on the figure given by He Desheng.
According to He Desheng, there was basically no need to save the Cold-Faced Lady's company. Letting it go bankrupt was the most rational choice. However, since Boss Pei wanted to buy it, He Desheng, as his subordinate, had to estimate a suitable price.
Compared to the peak valuation of the Cold-Faced Lady, three million yuan was nothing. Each of these investors would only get a few hundred thousand yuan at most. It was almost ten times less than their previous investment.
However, having a few hundred thousand yuan was better than nothing. If they did not sell, they would definitely not be able to find the next buyer. They would not even have a few hundred thousand yuan left.
Of course, it would be insulting if the price was any lower. These investors might not sell it if they were angry. That would not be good.
The investors looked at each other after Boss Pei gave the price.
They were definitely not satisfied with this figure, but there was nothing they could do. Most people knew very well that it was already not bad to be able to get a few hundred thousand yuan.
Boss Pei's words directly stuck them at a price that was slightly lower than what they had in mind. It made them very uncomfortable.
A glimmer of hope appeared in Meng Chang's eyes. "Boss Pei, do you want my shares as well?"
Pei Qian nodded. "Of course, I won't reject anyone at this price. However, you founded the Cold-Faced Lady after all. Are you sure you want to sell it? "
It was all cabbage price anyway. It would be the same no matter where he bought it.
Meng Chang nodded immediately. "Sell!"
He was now carrying a debt of a few million yuan. He could only sell his shares for more than a million yuan according to Boss Pei's price, which was not enough to pay off these debts. However, he could still pay off some of them.
He had thought that selling these shares would be enough for him to achieve financial freedom. However, he had only paid off a million yuan of debt. Meng Chang had mixed feelings.
Ideals were beautiful, but reality taught him a lesson.
The other investors had nothing to say. Judging from Meng Chang's attitude, the Cold-Faced Lady was definitely hopeless. It would be a waste to hold these shares in his hands.
What's more, Boss Pei had already made it clear that he would not buy any shares at all unless he could buy more than 70% of the shares. That made the investors have no intention of bargaining.
Forget it, they would run if they could.
The investors exchanged a few looks and finally accepted it.
Li Shi sold a small portion symbolically and left about 20% for himself. Meng Chang sold all his shares to at least pay off a portion of his debts.
A person like Meng Chang would not be willing to be a debtor. He was still looking forward to the day he could make a comeback after paying off all his debts.
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