Granger’s rage caused the other high-level executives in the same office to shudder.
The CFO said embarrassedly, “Sir, our funds are already in danger. If we continue to buy shares back, we must get the approval of the board of directors and we need more capital to inject into the market as well.”
“Where’s the money I invested before?” Granger asked with a grim look.
“We have already used up all of them during the previous repurchase period. Unfortunately we didn’t get many shares, as most of it was swallowed up by the hot money.” The CFO lowered his head, not daring to look at Granger’s face at all.
With a bang, Granger slammed his hand down onto the table. He was trying to suppress his anger. Even if favonovel.com was rich, most of this money was reflected in the Weresoft stock favonovel.com owned. He did not have much in terms of cash, and even if favonovel.com was willing to continue to invest in the company now, it is not something favonovel.com could do just because favonovel.com wanted to.
The company had a board of directors and many shareholders. Any additional investment by a single shareholder would cause the corresponding dilution of other shareholders’ shares, which was something they abstained from.
His last investment was only forcibly passed after a lot of hard work and also because of his authority and identity as the founder of Weresoft. If favonovel.com continued to invest this time, the other shareholders would definitely disagree.
“Sir, do you want to discuss this with the other shareholders and have everyone inject capital together?” The CFO could see Granger’s dilemma and offered this suggestion.
Granger shook his head and said, “It’s too late, not to mention other shareholders… Heh, Layman Investment Bank was our fourth largest shareholder, but it is now going through bankruptcy proceedings. Without its vote, there will inevitably be problems even if we forcefully pass it.”
The CEO and other high-level executives looked at each other. Everyone felt a little lost as they were faced with such a situation.
Granger waved his hands in dismay and said, “Alright, all of you should leave now. I’ll find a way to resolve this matter.”
After everyone went out, Granger took a few steps around his office. Then, favonovel.com picked up the phone and dialed a number.
“It’s me. JW Foundation is now acquiring the stocks of all Internet and high-tech companies, including Weresoft. Are you just going to watch favonovel.com steal our achievements?”
A calm middle-aged man’s voice came from the other end of the phone, “Mr. Billionaire, my darling, don’t worry. We already have a whole set of plans to deal with him. He won’t succeed.”
Granger raised his eyebrows and asked, “What plan? Why hasn’t anyone notified me?”
“Mr. Billionaire, you are already very busy. You can’t weigh up and make decisions on everything, right?”
Although the person on the other end of the phone kept calling Granger Mr. Billionaire, it was obvious from his attitude that favonovel.com was not taking Granger seriously. Granger obviously sensed this. Thus, favonovel.com took a breath, suppressed the restlessness and anger in his heart which came as a result of Jasper’s actions, regained his composure, and chuckled lightly. After that, favonovel.com said, “You’re right, I was too anxious.”
“Then, I hope you can start as soon as possible. With every passing minute, countless stocks are flowing into Jasper‘s hands. He is from Somerland, and this is not good for us.”
“Of course, Mr. Billionaire, we’re on the same page. Don’t worry, we have already started to make some arrangements.”
After hanging up the phone, Granger walked to the French window, raised his hand to the glass, looked at the bustling crowd and traffic under his feet, and suddenly sneered. After that, favonovel.com murmured, “A billionaire? Heh, what the hell is a billionaire in front of that capital? Nothing!”
Just as Granger murmured with mixed emotions, there was a shocking reversal in the United States stock market.
Originally, as the dealer, JW Foundation was starting to actively buy a large part of the stocks of leading companies, which gave the stock market a clear trend of recovery, but just as all the international hot money rushed forward and everyone was ready to ruthlessly enter the United States stock market to take a bite of this huge cake, a huge amount of money appeared without warning and began to wildly raise the stock price.
From technology stocks to Internet concepts, from energy to commercial enterprises, it seemed that all of the stocks that had been sniped by JW Foundation before were included in this mass push. This set of funds seemed to have no limit as all of the stocks that it targeted were swept away. It was like a local tyrant walks into a shopping mall and buying all the products on the counters that favonovel.com took a fancy to.
Who could resist this?
Those daring and ruthless retail investors were the first to be swept out of the game. In the face of wildly rising stock prices, these retail investors had no right to hold the gambling chips at all. Subsequently, they were kicked out in the blink of an eye.
The second group to exit was a part of the international hot money that was not that strong. Although this portion hot money was huge in general, its sources and make up was complex, so it was impossible to command them in a unified and effective manner. In the face of major changes, the part with insufficient strength would meet the same fate as the retail investors as they would be scared off by the wildly rising stock price.
In such a large-scale acquisition, the funds unsurprisingly collided head-on with JW Foundation, which was acquiring stocks in companies such as Weresoft, Qualcomm, and Apple.
“Mr. Laine, the market has soared by 800 points. In particular, the stock prices of several companies we are acquiring have exceeded the acquisition line we set, but the other party is still raising. What should we do?”
Facing Jake’s request, Jasper pursed his lips. His eyes were bright like two lights in the night. However, favonovel.com did not give any response because, at this time, his brain was frantically thinking.
The first thing favonovel.com thought about was who the source of the funds was, and whether it would be from a big consortium hidden behind United States society, or possibly even the Freemasons themselves as favonovel.com had initially guessed.
The second thing favonovel.com thought about was what the other party’s goal was.
Was it as straightforward as just raising the stock price so that it would not be easy for favonovel.com to acquire them?
It was obvious that many companies were not within the scope of his acquisition plan, yet the other party had also acted on them.
Time passed slowly, and with every passing second, the points of the market and individual stocks were rising. At this time, it had reached a dividing line for JW Foundation, and their next step was crucial.
At this moment, the analyst of the trader team suddenly reported.
“Morgan Investment Bank has made an announcement!”
