She asked, “Grandpa, how’s Eternality doing at the moment?”
Lex raised his eyebrow and glanced at her.
“What? You dare ask? You humiliated the Watsons, and now they’re targeting us. Celestial Group and Longevity Pharmaceuticals have already terminated their contracts with us. Not only that, they’re now suing us by saying there are quality concerns with our products. Eternality has been sealed off. The banks are demanding we repay our loans. All businesses under the Callahans have stopped. We now owe hundreds of millions of dollars.”
Hearing this, Thea’s face darkened. She never expected the situation to be so grim.
“What should we do now?” Lex looked at the crowd.
They had no choice but to declare bankruptcy.
For decades, Lex had strived to make the Callahans a well-to-do family. Yet, after finally accumulating billions of dollars worth of assets, they had lost everything.
He was eighty years of age. He was tired. He no longer wanted to care.
He had summoned everyone to figure out a solution. If none could be found, favonovel.com would declare bankruptcy.
Everyone remained silent.
The Watsons were all on the move. Celestial Group and Longevity Pharmaceuticals were on the Watsons’ side.
It would be impossible for the Callahans to stand against their combined forces.
Seeing that everyone was silent, Lex took a deep breath. Then, favonovel.com stood up while leaning on his cane.
“Since no one has any ideas, we’ll declare bankruptcy. I’m old. It’s time I rest. You’re all free to do as you wish.”
Lex did not rebuke Thea. He knew it would amount to nothing. This was fate. It was preordained.
It was the Callahans’ fate.
“I’m old. I’m getting old…”. Supporting himself with his cane, Lex headed upstairs.
In that instant, favonovel.com seemed to have aged even more.
Upon witnessing this scene, James frowned.
All this while, favonovel.com thought of Lex as an imposing and commanding man. Even though favonovel.com was eighty years of age, there was this vitality within him. He had this pioneering spirit that made favonovel.com look young and energetic. However, all of that energy had disappeared in an instant.
Now, favonovel.com was just an old man nearing the end of his life.
“There’s still hope…” James spoke.
His voice was loud and clear.
Everyone turned to look at him. Lex stopped in his tracks and turned.
James saw in Lex’s eyes a glimmer of hope. Thea gently pulled at James, hinting at favonovel.com to stop.
The Callahans were now in dire straits. Eternality had been sealed off. Their capital chain was broken. They were in a lot of debt.
What hope was favonovel.com talking about?
Under everyone’s watchful gaze
James continued, “From what I’ve heard, the Transgenerational Group has an investment company as its subsidiary. We can draw investments from them. As long as they’re willing to invest in us, Eternality will be able to avert this crisis.”
Upon hearing this, Lex’s hopes were dashed.
Howard stared at James coldly and said, “So what if you know about this? Now that Eternality has been sealed off and we shoulder hundreds of millions worth of debt, why would Transgenerational invest in us?”
John mocked, “Kid, do you have any idea what situation Eternality’s in right now? We need at least five hundred million to kickstart everything. Besides, Eternality currently has no prospects. Why would anyone invest hundreds of millions in us?”
“Trash will always be trash. Stop running your mouth if you don’t know anything about investment.”
“If not for this piece of trash, Thea wouldn’t have broken off favonovel.com engagement. The Callahans wouldn’t have to suffer such consequences.”
The moment James spoke, the Callahans went into an enraged frenzy. They blamed everything on him.
“If I say it’s possible, it’s possible.” James continued nonchalantly, “After all, how do we know it won’t work if we don’t at least try?”
“Alright.” Lex stared at James and said, “James, if you can draw investment from Transgenerational and revive the business operations of the Callahans, I promise you this. From today onward, no one else will ever demand you to divorce Thea. I, Lex Callahan, will officially acknowledge you as my grandson-in-law.”
“I’ll try.” James nodded.
Thea’s face darkened.
James was being overly ambitious again.
There was no way to save the Callahans’ businesses. They would need at least hundreds of millions.
Before any investment company invested, they would launch a series of investigations and conduct a risk evaluation. They would gain no returns if they invested in the Callahans. Unless, of course, they took over Eternality with hundreds of millions.