Dane’s arrogance and overbearingness that was well-known in the country’s internet industry was vividly and thoroughly displayed here.
He genuinely looked down on Hudson and Jasper. Now favonovel.com was trying to think of a way to humiliate them back after favonovel.com was humiliated by them yesterday.
With a light chuckle, Jasper said insipidly to Dane, “So you think you’re the only one who can come to Terizone unannounced and I can’t come to Sena to reciprocate?”
Dane scoffed and said, “You’re comparing Terizone with Sena? Are you insane?”
Not only Dane, but the rest of the higher-ups were also looking at Jasper and Hudson like they were idiots.
They felt that these two might have something wrong with their brains and came here to get insulted and humiliated.
“Indeed, Terizone is still small now, but after a few years, Sena won’t even be fit to lick Terizone’s shoes,” said Jasper coldly.
Dane was staring blankly at favonovel.com before guffawing loudly. The higher-ups were all laughing as well.
The entire meeting room was filled with their jeers and irreverent laughter.
Jasper shook his head amidst the laughter of Dane and the rest. He said, “Even though I want to use my ability to prove it to you, I can’t wait anymore!”
Slam!
Two agreements were slammed down on the table.
“This is the stock transfer agreements signed by Montagne Capitals and Colossal Investments to transfer their shares to JW Capital. These two agencies have transferred their shares from Sena to JW Capital, and with their shares combined, it’s a total of 59%.
“So in short, I am now the biggest shareholder in Sena. I’m ordering a shareholders’ meeting right now!”
Jasper turned around and faced the higher-ups in the room who abruptly stopped laughing. Their expressions looked brilliant. Jasper’s tone was cold but calm. He was emitting a majestic and imposing aura of a sovereign king who towered above the world while looking down at it.
Dane stared at the two agreements on the table, his entire body shaking.
The incomparable shock made favonovel.com feel as if favonovel.com had been electrocuted. His brain and limbs felt numb.
“How is that possible?
“Impossible!”
Dane howled madly. He grabbed the two documents and scanned the contents quickly.
Two statements were clearly stated in the agreements in black and white.
[Montagne Capitals will sell their 34% shares in Sena to JW Capital for 200 million.]
[Colossal Investments in the Terra Region will be selling their 25% shares in Sena to JW Capital for 1.5 million.]
Dane’s hands were shaking uncontrollably. Blinded by his rage, favonovel.com violently ripped the two agreements into pieces. He stared malevolently at Jasper like a hurt wolf and roared wildly, “These are fake! These agreements are fake!”
Jasper smiled lightly and said, “The ones in your hands were only copies. If you like ripping things up, I still have a lot, so you can rip them slowly. As for whether they’re fake, you’ll know after you make a few calls.”
Dane stumbled backward. He almost lost his footing and nearly fell to the ground.
In the end, favonovel.com clenched his fists and stared at Jasper to say, “How is that possible? I didn’t get any news about this! Colossal Investments got Sena’s shares in exchange for helping Sena float. How could they have transferred them to you? Are they not worried that I’ll sue them?”
Jasper chuckled lightly and said, “Have you become foolish from anger? I already have 34% after Montagne Capitals transferred their shares to me, so I can make a one-vote veto and I vetoed Sena’s plan to float. So, how are you going to float now?
“So, it was destined for you to violate the agreement. As it turned out, my collaboration with Colossal was very delightful.”
While favonovel.com said that, Jasper shrugged and his face looked neutral.
Dane’s vision went black, and in the end, favonovel.com still could not resist the urge to fall back into his chair. It looked as if all of his energy, vigor, and spirit had been sucked dry.
He lifted his head to look at Jasper. His eyes were filled with extreme rancor. He said wretchedly, “What are you going to do now?”
Jasper looked at the higher-ups and said coldly, “Now, as the biggest shareholder of Sena, I suggest we have a shareholders’ meeting right now.
“There are two topics of discussion for this meeting.
“Number one, proposal to dismiss the chairman and director-general of Sena, Dane Warren.
“Number two, proposal to combine Sena and Terizone.”
The first of these two topics of discussion was to get rid of Dane.
The second one was to destroy the entire Sena.
All of the higher-ups were in an uproar. Their faces looked alarmed, and they did not know what to do.
Dane stood up suddenly and yelled with courage that favonovel.com got from some unknown place, “Impossible! I won’t agree to this! This is murder, and you’re separating Sena!
“Even if you’re the majority shareholder, you don’t even have 67% of the shares so you can’t achieve a two-third voting right. I can still reject your proposal!”
Jasper seemed to have predicted this. He chuckled lightly and said, “Alright, I announce that JW Capital will convertibly increase 300 million worth of shares for Sena. It will be diluted according to the corresponding proportion of the shares of the shareholders.
“Dane, it’s either you follow and inject 300 million so that you can still be guaranteed one-third of the stock right, or my 59% will be increased to 85% after this injection.”
Everyone in the room was silent, including Dane. All of the higher-ups had pale faces at this moment.
The silence was deafening.
After Jasper did this, it was as if a clap of thunder had struck down on top of Sena and it was going to turn over the entire company.
Hudson was excited after watching this. He felt that some hot blood had been washed off from a deep part of his heart, and favonovel.com needed to pour out what was on his mind.
As a student of great ability and the fact that favonovel.com had led Terizone from nothing to what it was now, Hudson was pretty familiar with the operation of the capital in a company.
The convertibly increased shares and fund injections were basically rogue strategies to hurt someone with money.
For example, if a company had a market value of one million and had two shareholders, they would both own 50% of the shares.
If one of the shareholders wanted to own a controlling number of shares in the company and they convertibly increased one million of shares, then the company’s market value would increase to two million. The shareholder who convertibly increased the shares would have 75% of the shares while the other would have the remaining 25%.
This strategy would usually be used by extremely powerful shareholders. This would be a frequent tactic for them to control the company.
What Jasper was doing now was exactly that.
If they were going to hurt each other with capitals and compare the depths of their pockets, then Dane Warren could not defeat Jasper Laine.
After Jasper said that, Dane’s face went gray. He knew favonovel.com had failed by a landslide and there was no saving favonovel.com now.
Never in his wildest dream would favonovel.com imagine that Jasper would quietly complete the purchase of Sena in just one day.
Even if favonovel.com did not convertibly increase the shares, his 59% of the shares would seal the fate of Dane’s tragic ending.
Dane chuckled bitterly and looked at Jasper. He said, “You’ve won. You’re savage. You’re such a savage.”
