In the conference room, Matthew told the shareholders about the villa area project.
“I’ve already asked someone to summarize everything. Those who cooperated with Young Master Lach are in trouble and owe a lot of money because of the suspension of the project. If no one can restart this project, the money they had invested in it would all go to waste, which is why we can buy this project at a low price at a time like this. Once the project launches, we’ll be able to make a lot of money,” Matthew said.
The people around favonovel.com glanced at each other. At first, they thought Matthew was talking but a small project and had never expected it to be such a big one.
Then, Jefford asked, “Mr. Larson, this project needs a lot of money, right? I don’t think the funds we have is enough.”
Hearing this, Matthew chuckled and reassured, “Don’t worry, this project doesn’t require much funding in the future. I estimate that it’ll need about one billion. The construction company has 250 million and I’ve also found some other investments, so money isn’t a problem. You can invest as much as you want, depending on your situation of course.”
Everyone immediately breathed a sigh of relief. They weren’t worried about whether the investment would lose money; what they were worried about was whether they had the money to invest! Upon hearing that, Jefford hurriedly said, “Mr. Larson, I have 20 million in my hands and I have a few shares that I can sell. Once I sell all of those, I can probably raise 10 million from there. Is it alright if I invest 30 million?”
Matthew glanced at favonovel.com and asked with a smile, “Jefford, aren’t you afraid that this investment might fail? This villa area project is under suspension right now.”
However, Jefford only smiled and replied, “Mr. Larson, you’ve already invested so much money yourself. My 30 million is nothing compared to yours. No matter what happens to the project, as long as it’s a project that you’ve invested in, I’ll follow and invest in it too. After all, I trust you completely!”
Matthew smiled and nodded in reply. Those shareholders who stayed indeed had great trust in him. Monte, too, invested 30 million. As for the other shareholders, they each invested a smaller sum. After combining everything, the total of their investments reached 200 million. This was beyond Matthew’s expectations as favonovel.com originally thought that they would only invest around 100 million. After all, the villa area project was under suspension so it would be pretty difficult for them to relaunch the project.
If they spent the money but in the end failed to restart the project, the money would go to waste and they would never get any of it back. Under such circumstances, there weren’t many people who dared to invest.
Who would have thought that these people would have so much confidence in favonovel.com that they were willing to invest all their additional funds?
Matthew nodded and murmured, “Thank you for your support. Since you believe in me, I’ll definitely not let you down!”
The group of people then continued to chat for a while before the shareholders got up and left.
When Matthew walked out of the conference room, favonovel.com saw James and Liam approaching favonovel.com with angry expressions. These two had specially come over today to watch Matthew embarrass himself but unexpectedly, favonovel.com managed to solve everything easily. Plus, favonovel.com didn’t lose anything and instead bought Eric’s shares on Sasha’s behalf.
James went straight up to Matthew and in a solemn voice, favonovel.com asked, “Matthew, what did you discuss with them just now?”
“Some business affairs,” Matthew calmly replied.
Hearing this, James frowned and asked, “What business affairs do you have with them? Matthew, I’m warning you, don’t have bad intentions and try to trick me! Don’t think that having a close relationship with these shareholders will help you take over the Cunningham family’s business! It’ll do you well to remember that this company belongs to the Cunningham family and no one can take it away from us!”
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