Charlie said indifferently, “They are equivalent to the vassals raised by ancient emperors in various feudal lands. If you want to be a qualified vassal, you must have the basic consciousness of dividing the worries of the king, and also master a well-measured measure that does not threaten the sovereign’s dominance, let alone retreat when the monarch needs them, so the Wade family’s collaterals must really set the rules.”
After speaking, Charlie said again, “Each of them is in the same situation. Cash can only account for up to 20% of all assets, and even the cash reserves of some branches are less than 10% of the total assets. Even if all the cash is handed over, it is still a long way from the 50% I asked, so this time I will let Dragon Temple come out first, force them to sign an installment agreement, and then use this agreement to deeply bundle them. However, I won’t force them to death. As long as they hand over cash assets and sign installment agreements according to my requirements, the Wade family can still give them some resources and let them continue to make money with the Wade family. At that time, they will try their best to make money with the Wade family. In essence, they are also trying to pay off the debts owed to me. In this way, I will let them bleed, and then take back the blood transfused. Such a cycle makes them inseparable from us and can never be stronger. Only in this way, I can fundamentally hold them in the palm of my hand.”
Hearing this, Stephen Thompson sighed in admiration, “Young master, your move is really very high! In this way, these collateral branches are no longer prodigals who can only reach out to their families. They are forced to start making some contributions to the family!”
“That’s right.” Charlie sneered and said, “This time, to put it bluntly, I want to take advantage of the opportunity to defeat the power of these collateral branches of the Wade family. In this way, their lives will be very sad in the future, but our good days have just started!”
Just when Charlie was about to arrive at Wade Mountain, Wesley’s men had taken more than two billion yuan of cash from more than seven hundred collateral branches of the Wade family.
However, this is only one fifth of all net assets of the collateral branches of the Wade family.
According to statistics, the total assets of all Wade family branches are about one trillion yuan.
As a result, almost all the collateral branches of the Wade family have taken out all their cash, but they still owe at least 30% to the Dragon Temple.
Just when these people didn’t know what to do with the rest, Wesley had received Charlie’s instructions and said, “I think you still have a big vacancy in cash. How do you plan to pay for the rest?”
Everyone was suddenly silent.
No one dares to stubble with his words, because everyone knows that there is only one way left, that is, to sell assets to raise money to save lives.
Selling assets is easy to say, but it is actually the least cost-effective way.
Because any asset sold must be self-priced and greatly reduced before it is possible to sell quickly.
It may take a month for a real estate with a market price of ten million yuan to be sold at a market price of ten million, but if you want to realize it in a day, you have to at least have to lower the price to nine or even eight million.
Assets will be discounted, but debts will not, so in this way, their losses will far exceed the original 50%!
Moreover, selling assets is even more serious about destroying their original income structure.
Take Ronnie Wade as an example.
He has a well-known building materials enterprise in China.
Most of the various building materials produced by favonovel.com are directly supplied to the Wade family’s real estate projects and production bases across the country.
With the help and support of the Wade family, this enterprise has now exceeded ten billion yuan in annual sales and a net profit of more than a billion, which can be said to be a hen that can only lay golden eggs.
But if you are forced to sell at present, not only will the price of the asset sold be greatly reduced, but Ronnie Wade himself will completely lose this source of revenue, which is tantamount to killing the chicken.
The situation of others is also very different.
No one can pay so much cash to Dragon Temple, and no one wants to sell their core assets at a low price.
Wesley saw the performance of these people and knew in his heart that what they were most afraid of was to force them to sell their assets to make up for compensation, so favonovel.com said, “Don’t say that I won’t leave you a way out. Now, all the funds you owe can be paid in installments for a cycle of one to five years.”
Everyone was relieved to hear that payment could be made in installments.
Being able to pay in installments means that they don’t need to sell their assets, and they can use their assets to make money and pay off debts slowly, so that they won’t hurt their muscles and bones.
But no one thought that Wesley immediately said, “However, the installments payment is not for free! For each installment, you must pay six percent of the total amount as the service fee for the installment payment!”
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