Regardless of whether the career of his opponents was successful or not, or whether his enemy was strong or weak, Jasper always remembered that favonovel.com could never regard himself as the world’s most intelligent person and treat the rest as fools. Especially when the plan to go against the United States financial market this time had lasted for half a year.
The first attack to the present had lasted for more than four months. In nearly one year, Jasper could say that every step and every strategy favonovel.com had made was very cautious and it was like walking on thin ice.
Even when JW Foundation succeeded in triggering a financial crisis in the subprime market and when JW Foundation was at the peak of popularity and was touted by the global financial media as being able to overthrow the United States financial companies’ throne by themselves, Jasper was also very clear about one thing.
That was, the United States was a powerful opponent that was impossible to defeat. The immediate result right now came from the United States’ own problems, and it was also achieved with the acquiescence of the people in the United States who had formulated the global economic rules as well as their secret cooperation. Because the United States itself also needed someone to solve their domestic economic problems. So, there were no absolute enemies or friends in this world. If you really believed that a certain party was your enemy and then you captured them to fight them to the death, and you even insisted on sacrificing your people just to defeat them, then you would be a fool.
Hence, to this day, did Jasper do all this just to break the United States economy?
Not unless Jasper was crazy. Even if favonovel.com were crazy, Jasper was not so crazy that favonovel.com would seriously think that favonovel.com had this ability.
To be honest, aside from Jasper, even if the whole of Somerland was on board with this and were determined to lose all their money to fight a deadly financial war with the United States, then the result was that Somerland would return to the time when it was mainly focused on agriculture overnight while nothing would happen to the United States.
Only 20 years later would Somerland be rising while the United States was declining. Only around 2020 would Somerland truly have the confidence and strength to say no to the United States.
Right now, it would just be wishful thinking.
Therefore, Jasper’s core purpose had always been to make a fortune in the United States financial market, and then to use this opportunity to buy the stocks of the top technology companies and Internet companies that would prosper in the future. Then, favonovel.com would wait at least 20 years for the dividend profits.
He would get a large number of funds from the United States financial market in the financial storm to help JW complete the transformation and upgrade to become an international conglomerate. Then, favonovel.com would frantically buy those technology and Internet companies that would control countless patents and technologies in the future. After that, with JW as the core in the domestic market, favonovel.com would establish a giant business empire with Internet and technology as the two major industries.
These were all Jasper’s ambitions.
When JW Foundation abandoned its attacks on listed banking companies such as Morgan, and instead stepped up its efforts to short Weresoft, Amazon, and another technology and Internet companies, the intention of the JW Foundation was fully exposed. However, the management of these companies were not fools.
At the emergency board meeting held within Weresoft, Granger, who had no plans to retire, sat as the chairman among the board of directors. His gentle and elegant face was very gloomy at this moment.
At the emergency board meeting held within Weresoft, Granger, who had no plans to retire, sat as the chairman among the board of directors. His gentle and elegant face was very gloomy at this moment.
“The company’s stock repurchase plan was launched prematurely. The current situation does not allow us to wait any longer.”
The one who spoke was Granger’s deputy, Mobelli, and favonovel.com was one of Weresoft’s earliest employees. He held important positions in the company as Granger’s right-hand man throughout the years. On many important occasions, favonovel.com was also Granger’s mouthpiece. Right now, favonovel.com was the first to open his mouth and tell the others Granger’s proposal to see what the rest of them thought.
Hence, it could be said that Mobelli was Granger‘s absolute confidant.
“I agree.”
Weresoft’s chief operating officer nodded and said, “The company’s stock price is already seriously undervalued. Weresoft’s stock is not junk stock. Since the financial crisis, the stock price has fallen by a full 27%. This is what neither investors nor we want to see.”
“Now, JW Foundation is continuing to short us. They are attracting low-cost purchases of international hot money. If this situation is allowed to continue, Weresoft’ s shares will be hugely dispersed, which will not be conducive to the company’s development.”
“Hence, it is imperative to start the stock repurchase plan in advance.”
At this time, Granger looked at the chief financial officer, who was hesitant to speak, and asked, “Henrik, what do you think?”
The chief financial officer said, “I agree with everyone’s opinions, but everyone must be aware that due to the financial crisis, the company’s performance has fallen sharply, and the investment department’s investment is basically operating at a loss. I am still worried about this year’s financial statements because it will look ugly, but if the repurchase program is launched in advance, a large amount of capital will be required, which will affect the normal operations of the company.”
Frowning slightly, Granger asked, “According to the current plan, how much capital is needed and how much capital does the company have?”
“The overall repurchase plan will require at least 1.8 billion to 2.2 billion US Dollars, but the funds we can use cannot exceed 800 million US Dollars. Once exceeded, it will affect our other plans, such as the development of new systems and many plans for the acquisition of other companies. A lot of our plans are directly related to the fundamental interests of the company and shareholders… Our shortfall requires at least 1.2 billion US Dollars.”
The words of the chief financial officer silenced most people in the conference room. Everyone knew that this had to be done.
However, the question was how and where would they get the money to do it?
Back then, Weresoft would not take hundreds of millions of dollars seriously. The ones that slipped from the spaces between their fingers would be enough. However, the problem was that the current economic environment was not good. Weresoft’s profitable funds could not just lie in the bank and be left alone. They all had foreign investment plans and the financial crisis had caused serious losses in these funds. Plus, along with some project expenditures and fund retentions, the liquid funds that Weresoft could take out were sorely lacking at the moment.
Granger was obviously prepared for this. He said, “I will talk to investors about this matter. Whether it is my share with other shareholders or my personal expenses, eventually this money will definitely go to the company’s account There will be at least 2 billion US Dollars.”
“So, you just do what you should do. Weresoft won’t be ruined by those despicable punks.”
Granger’s statement made the chief financial official breathe a sigh of relief.
“If we can get a capital injection of 2 billion US Dollars, then the repurchase plan will be no problem at all.”
