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Chapter 428: Pressuring President Cao (Part 2)
After a couple of drinks, Zhao Qingfeng still didn’t specify what he was buying, “President Cao, given our relationship with Old Li and Old Wang, and your friendship with President Sun of Qingyang Sports, it wouldn’t be right if you really lost money! Moreover, you said you’d give me half of the profits, but who can guarantee that? What if you decide to cut and run? It’s hard to come by this information. Although there’s a risk of loss, the probability of making money seems higher. To just tell you like this, I would seem quite foolish…”
President Cao was momentarily stunned.
He was right; if he made money, there would be no proof, and Zhao Qingfeng would have no way to claim it.
What to do then?
President Cao pledged his loyalty, even suggesting writing an IOU.
Zhao Qingfeng refused, “How about this, President Cao, since you’re planning to sell the building anyway, sell your coal mine building to me for twenty million…”
Before he could finish, President Cao woke up with a start, “What, twenty million?”
That was unacceptable, halving the price out of nowhere. Who would make up the difference?
Wang Xiaohu was also surprised; this was like a ‘lion’s mouth’ in reverse!
However.
What Zhao Qingfeng said next immediately silenced President Cao, “Hear me out, President Cao, twenty million is just the initial payment. I want to make a bet with you. I’ll provide you with stock information, and you’ll buy it. If it doesn’t meet our expected target, whatever the difference, I’ll compensate you and pay the remainder of the building purchase. But if it reaches the target I mentioned, then the agreement on the building bet will officially end after six months. How much you spend on stocks is up to you, but I advise not to bet everything you have because this gamble is thrilling. No matter who loses, the result won’t be pleasant. But don’t forget, if we win, it’s all smiles. If you invest ten million, for example, and it triples, just think about the profit.”
To a gambler, is there anything more thrilling than gambling itself?
President Cao did the math; according to Zhao Qingfeng, this was a no-lose deal!
It was just a matter of waiting six months, and Zhao Qingfeng even provided a specific sell date.
Moreover, with Lingfeng Technology’s total assets far exceeding the coal mine building, a private enterprise worth hundreds of millions.
Being a well-known large company in the province and having shares in Erlunsi, even if he lost, Zhao Qingfeng could cover for him, so it was worth a try.
“I’ll think about it.”
President Cao had his concerns, after all, with only twenty million, should the money be distributed to shareholders or employees first?
“Pay the employees first.”
Zhao Qingfeng insisted, “It’s a necessary condition. As for the shareholders’ funds, I think with your eloquence, delaying for half a year should be feasible.”
That was true; shareholders could easily spare a million or two in dividends, half a year was more than enough.
After finishing.
Zhao Qingfeng explained in detail how the bet would work, then parted ways and returned to the company.
“Did you settle it?”
Upon arrival, Marina hurriedly came to meet him.
Hearing that they could acquire a building worth forty million for just twenty million shocked her.
But hearing about the betting agreement surprised her even more.
Oh no.
Has the boss turned into a gambler?
Little did she know.
Apart from knowing Moutai’s price would rise, Zhao Qingfeng’s fragmented memories had also recalled other famous stocks that would increase in value, he was just too lazy to invest because the cycles were too long for him.
“I’ve already asked President Cao to contact you if he agrees. Is the matter resolved?”
“It’s been resolved, indeed it happened. Um… Mr. Zhao… Yaoyao is crying inside, you should go comfort her.”
“…”
This matter was too egregious; no wonder Shen Lingyao was crying, most likely out of anger!
“Brother Qingfeng!”
Sure enough, as soon as he entered the office, Shen Lingyao came running over with a pout, “I’m really going to explode, how can there be such shameless people in the world? Luckily, it’s not far from us, take me there, I want to show them some COLORSSEESEE!”
———-
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Moofie[Translator]
Just a college student that studied in China with HSK6 that loves reading novels~!