Victory in Life
Chapter 281
The Dane's famous pride and arrogance in the internet industry of the country is displayed vividly and thoroughly here.
He looked down on Hudson and Jasper. Now he was trying to think of a way to humiliate them back after he was humiliated by them yesterday.
With a small laugh, Jasper blandly said to Dane, "So you think only you can come to Terizone without notice and I can't come to Sena to retaliate?"
Dane sneered and said, "You compare Terizone to Sena? Aren't you sane?"
Not only Dane, but the other higher-ups also looked at Jasper and Hudson as if they were idiots.
They felt that the two might have something wrong with their brains and came here to be humiliated and humiliated.
"Indeed, Terizone is now a child, but after a few years, Sena won't even be able to lick Terizone's shoes" Jasper said coldly.
Dane stared blankly at him before laughing out loud. The other officers all laughed too.
The entire meeting room was filled with their ridicule and disrespectful laughter.
Jasper shook his head amidst the laughter of Dane and the others. He said, "Although I want to use my ability to prove it to you, I can't wait anymore!"
Plaque!
Two covenant documents slammed on the table.
"This is a stock transfer agreement signed by Montagne Capitals and Colossal Investments to transfer their shares to JW Capital. These two agencies have transferred their shares from Sena to JW Capital, and with their combined shares, the total is 59%."
"So in short, I'm now the largest shareholder in Sena. I'm ordering a shareholder meeting now!"
Jasper turned around and faced the higher-ups in the room who suddenly stopped laughing. Their expressions looked brilliant. Jasper's tone was cold but calm. He exuded the majestic and imposing aura of a sovereign king that towered over the world while looking down.
Dane stared at the two agreement documents on the table, his entire body trembling
The incomparable shock made him feel as if he was electrocuted. His brain and limbs felt numb
"How is that possible?"
"Impossible
Dane howled furiously. He took out two documents and read the contents quickly.
The two statements are clearly stated in the agreement in black and white
[Montagne Capitals will sell their 34% stake in Sena to JW Capital for 200 million)
(Colossal Investments in the Terra Region will sell their 25% stake in Sena to JW Capital for 150 million.)
Dane's hands were shaking uncontrollably. Blinded by his anger, he violently tore the two agreements into pieces. He stared cruelly at Jasper like a wounded wolf and roared wildly, "This is fake! This deal is fake!"
Jasper smiled lightly and said, "The one in your hands is just a copy. If you like to rip things off, I still have a lot, so you can rip them off slowly. As for whether it's fake, you'll know after you make a few phone calls."
Dane staggered backwards. He almost lost his footing and almost fell to the ground
In the end, he clenched his fists and looked at Jasper to say, "How is it possible? I didn't get any news about this Colossal Investments getting Sena's shares in exchange for helping Sena circulate. How could they transfer it to you? Are they not afraid I will sue them?
Jasper chuckled lightly and said, "Are you being a fool out of anger? I already own 34% after Montagne Capitals transferred his shares to me, so I can make a one-vote veto and I veto Sena's plan to circulate. So, how are you gonna circulate now?"
"So, it is destined for you to break the covenant. Turns out, my collaboration with Colossal was a lot of fun."
Dane's vision darkened, and in the end, he still couldn't resist the urge to fall back on his chair. It seemed like all of his energy, strength, and spirit had been sucked dry.
He lifted his head to look at Jasper. His eyes were filled with grudges. He said sadly, "What are you going to do now?"
Jasper looked at the higher-ups and said coldly, "Now, as Sena's biggest shareholder, I suggest we hold a shareholder meeting now."
"There are two topics of discussion in this meeting.”
"Number one, the proposal to dismiss Sena's Chairman and Director General, Dane Warren."
"Number two, a proposal to merge Sena and Terizone."
The first of these two topics of discussion is getting rid of the Dane.
The second is to destroy all of Sena.
All the higher-ups are in an uproar. Their faces looked worried, and they did not know what to do.
Dane suddenly stood up and shouted boldly which he got from somewhere unknown, “No way! I wouldn't agree with this! It's murder, and you separate Sena!"
"Even if you're a majority shareholder, you don't even own 67% of the shares so you can't reach two-thirds voting rights. I can still refuse your proposal!"
Jasper seemed to have predicted this. He chuckled lightly and said, "Alright, I announce that JW Capital will convertibly raise 300 million shares for Sena. It will be disbursed according to the appropriate proportion of shareholders' shares."
"Dane, you'd better follow and inject 300 million so you can still guarantee a third of the share rights, or my 59% will increase to 85% after this injection of funds."
Everyone in the room was silent, including Dane. All the higher-ups had pale faces at this moment.
The silence was deafening.
After Jasper did this, it was as if a lightning strike hit Sena and would shake the entire company.
Hudson was very happy after watching this. He felt that some hot blood had been cleared from the deepest part of his heart, and he needed to pour out what was on his mind.
As a student with outstanding abilities and the fact that he had led Terizone from zero to what it is today, Hudson was quite familiar with the operation of capital in a company.
Increased stocks and injections of convertible funds are basically evil strategies to hurt someone with money.
For example, if a company has a market value of one million and has two shareholders, they will both own a 50% stake.
If one shareholder wants to own a controlling number of shares in the company and they convertibly increase one million shares, then the market value of the company will increase to two million. Shareholders who increase shares on a conversion basis will own 75% of shares while others will own the remaining 25.
This strategy will usually be used by very strong shareholders. This will be a tactic they often do to control the company
What Jasper is doing now is exactly that.
If they're going to hurt each other with capital and compare the depth of their pockets, then Dane Warren can't beat Jasper Laine.
After Jasper said that, Dane's face became gray. He knew he had failed miserably and no one could save him now.
Never in his mind did he imagine that Jasper would secretly complete Sena's purchase in just one day.
Even if he doesn't raise the shares on a conversion basis, his 59% stake will seal the tragic end of the Dane's fortunes.
Dane laughed bitterly and looked at Jasper. He said, "You won. You savage. You're so savage."