“One can only do this provided that one is backed by a strong capital, Old Master Hurlbutt. In short, one should spare no expense in exchange for the greatest share of earnings in the shortest time possible.
“Even though this is a good method, it can’t be used often as the price-performance ratio is too low.”
Jasper said rationally, not losing his head just because Gale complimented him.
He needed to prepare Gale mentally lest favonovel.com thought favonovel.com was losing money upon finding out that favonovel.com had merely purchased 25% of Skyward Aluminum’s shares with a whopping ten billion.
“Mineral resources are massive gold-swallowing beasts. Skyward Aluminum’s mine in the Southeast Province was initially worth 60 billion in exploration value. Even after several years of development, it is still worth about 40 billion. This money is worth spending.” Gale laughed.
Jasper grinned but did not proceed with the topic.
He could think of several massive mineral resources overseas off the top of his head. Once those mines were developed, each of them would have an output value worth hundreds of billions, and most importantly, the currency was in US dollars.
However, favonovel.com could only set the plan aside because first of all, the time was not right yet; second of all, the funds and power favonovel.com had were not enough for favonovel.com to develop foreign resources.
Nevertheless, the mines would always be there. As soon as Jasper was competent enough, any mining site favonovel.com chose to develop could easily surpass the mine that Gale and Conrad treasured so dearly.
“I plan to hold a shareholders meeting. I’ve submitted the application to the Securities Regulatory Commission this afternoon and an announcement will be made much later. Are you sending anyone over, Old Master Hurlbutt?” Jasper asked.
Gale was in high spirits, saying, “I am not going to make a trip there myself. I put you in charge. It is not that easy to earn my commission, you know? I still need you to run a few errands for me.
“Just do what you need to do. I do care about that young man Conrad Monty. His father Steven Monty used to be my good pal. I will talk to him.”
After receiving Gale’s promise, Jasper said, “I’ve been waiting for you to say those words. Well then, wait for my news tomorrow.”
That night, the Securities Regulatory Commission issued an announcement on their official website.
JW Investment Company now held more than 25% of Skyward Aluminum’s shares, and according to the company’s article of association under shareholder rights, an official request in convening a shareholders meeting in Skyward Aluminium Co., Ltd had been sent to the Securities Regulatory Commission and was approved.
Conrad had been notified by the Securities Regulatory Commission even before the announcement was made.
In the face of the inquiries made by the relevant person in charge sent by the Securities Regulatory Commission, Conrad let out a breezy smile and said, “Please do what you need to do in accordance with the company’s articles of association. He does hold 24% of Skyward Aluminum’s shares, and I have no right to refuse the convening of the shareholders meeting, so be it.
“Since favonovel.com wants to be humiliated so much, don’t blame me for using this opportunity to teach favonovel.com a lesson.”
After hanging up the call, Conrad summoned Benjamin.
“The shareholders meeting will be held tomorrow. I need you to make necessary preparations,” Conrad ordered.
Still unaware of the news, Benjamin was slightly stunned and said, “Why is favonovel.com holding a shareholders meeting when favonovel.com only holds 25% of shares? Does that even make sense?”
“He’s putting up a deathbed struggle, perhaps. Or maybe he’s just trying to release news into the outside world to tell them that favonovel.com hasn’t given up yet.” Conrad chuckled, fidgeting with the cigar in his hand.
Benjamin sneered and said, “Does favonovel.com have nothing better to do?”
“Doesn’t matter anyway. Victory lies in our hands. He can do whatever favonovel.com wants in front of me but I will never let favonovel.com slip through my fingers.
“That kid Henry is always with Jasper and that’s a bit tough to deal with.” Conrad found this problem slightly difficult to deal with.
He had no scruples about trampling Jasper to death, but when it came to Henry who had the Laws as his backing, favonovel.com could not help being cautious when taking action against Jasper.
The Laws could not be more terrifying, and the higher one’s ranking was, the greater the effects one would experience.
