Blackstone Code Chapter 1516: Burn money
Remember 【New】for a second,! "Mr. Lynch...is there anything you need us to explain?"
Little Fox, who presided over the meeting, asked Lynch thoughtfully. After getting a negative answer from Lynch, he moved on to the next session.
It wasn't until after six o'clock in the evening that everything was settled.
Fox Pictures will spend about 100 million yuan to build Fox Studios.
After completion, it will usually be used as a landscape for tourists to play for a fee. If anyone wants to shoot a large-scale production, they can also rent their city.
Rent, or box office split, they all accept!
In the era of lack of film special effects, framing is the most important part of almost all films.
The right view of the framing can save a lot of trouble. Why is studio film popular now?
Isn't it because people have a hard time finding the right scene?
Many movies are "detailed", they will not shoot those grand scenes, they will shoot some close-up shots as much as possible, save costs, and avoid problems that cannot be blended in the composition of the picture.
In short, all shareholders are very satisfied with this financing. Before the meeting was actually completed, the information was disclosed.
Some evaluation agencies have given Fox Pictures a red mark of "recommended to increase their holdings"...
As Lynch predicted before the meeting, his stake was compressed to 12 percent, down from 15 percent.
If it wasn't for the amount of money coming in, maybe they were going to dilute his stake to less than ten percent.
Lynch is not angry about this, it is a normal capital method and operation, and he is also one of the beneficiaries of this financing and the subsequent stock price rise.
During the dinner, Lynch found Fox Jr. and talked to him about his plans to leave.
Little Fox was astonished, so shocked!
"Is it because of... this financing?", he asked, "If this is the case, I must apologize to you, and I can unconditionally transfer the shares in my hand to you..."
He seems to be trying to make up for Lynch as much as he can, but these words are always just words.
No one takes it seriously, and neither does Lynch. .
Even if he said yes, would Little Fox do it?
He won't either, he always has a way to perfunctory it, but then he will make trouble because of his own casual promise that even his friends can't do it.
Lynch found a reason, "It's my own reason, you know I held an awards ceremony with those people from the college last year, and if I were the chairman, if I was involved in the operation of the production company, there would definitely be some people. Have an opinion on this."
"But I don't want to transfer these shares to anyone else, maybe you'd like to hold them?"
At this moment, little Fox was a little moved. He now holds only a few percent of the shares. If he can add this 12% of Lynch, he can hold a total of 2%. ten shares.
The power these shares translate into can give him more confidence in the board's resolutions, but...he doesn't have that much money in his hands.
He would have to withdraw at least ten million to buy the shares in Lynch's hand, but he had no money.
Saw little Fox's hesitation, hesitation and the sense of urgency he hid-
If he can't buy these shares, the shares that belong to his side will become supporters of other positions, and his power on the board will be further weakened.
The reason why he speaks so loudly now is that Lynch is behind his back, or that everyone on the board knows that Lynch supports him.
Once Lynch leaves, these shares are not in my hands...
Little Fox fell silent.
Lynch stood beside him with a glass of wine, waiting for him to think, frowning for a few minutes.
Lynch took a sip of the wine and said softly, "It looks like you're in trouble?"
Little Fox froze for a moment, hesitated for two seconds, then nodded, "I don't have enough money in my hand..."
He didn't finish or go on, but Lynch made it up for him.
"...But you want my shares again, don't you?"
Little Fox nodded, he didn't want to admit it, but he had to.
"It's not difficult, you can borrow money from someone to buy the shares in my hand and use these shares as collateral."
"This way you get what you want, and I got rid of the stock. It's not too long before I leave the awards, and I can't wait too long."
"If you don't know who to talk to for a while..." Lynch took the glass and drank the last few drinks, and put the glass on the tray in the hand of a passing waiter .
He smiled at Little Fox, "For example, I can lend you money..."
"You use these stocks as collateral to borrow money from me to buy these stocks, and I will calculate them for you at the normal bank loan interest rate."
"This way it belongs to you from now on, and I'm not in a hurry for this money, you can pay it back slowly."
"If you go to a bank or someone else, we don't talk about interest rates, they will make things difficult for you just by mortgage, we all know that!"
Yes, Fox Jr. is well aware that their father and son and Lynch's original collaboration was about playing this kind of shit.
If he wants to get a loan from the bank, he has to put up at least about 20 million in collateral before the bank will grant him a loan of 10 million, which is obviously very uneconomical.
Lending money from Lynch was clearly the best option.
Adding to their long-standing partnership, Fox Jr. finally agreed.
Half an hour later, the two parties signed a very strange loan contract under the witness of their respective legal teams.
Lynch lent Fox 13.5 million at a time to buy 12% of the shares of Fox Films in Lynch's hands, and he needs to pay Lynch 9.3% annually As interest, this is also the current Commonwealth Bank lending rate.
If it is less than one year, it will be calculated as one year.
Of course, as a good friend, Lynch also gave Fox some preferential treatment in the loan.
For example, if he is not given a forced closing time, he can keep borrowing, but he will have to pay interest.
As long as he pays interest for one year, he can continue to use the loan until the next cycle of interest settlement.
If he can't pay the interest generated for one year, it doesn't matter, Lynch will allow him to owe one year, but the interest will continue to increase according to the interest of one thousandth per day until the next cycle.
These are all on Lynch's side. If Little Fox becomes rich in the next year, he can pay off the principal and interest in one lump sum, and the natural mortgage shares will be completely owned by him.
After reading it, the lawyers of both parties said that there was no problem. After signing, the contract took effect.
Although Little Fox always felt that something was not right, he couldn't tell what was wrong. He could only take these as his own thoughts.
For Lynch, he lent little Fox the money to buy his own stock, and even if he pays back the money immediately, the business is not a loss, at least close to ten percent.
If it drags on for a few years...
I hope that the financial revenue of Fox Pictures will be normal, Lynch silently blesses Little Fox and Fox Pictures.
Lynch didn't attend the later dance party, and if it wasn't for these contracts that required his presence, he wouldn't even have come.
I was speechless all night.
The next morning, after declining Fox's invitation, Lynch took the train directly back to Bupen.
During his stay in Laltimore, Mr. Trueman had returned to Bopeng, and the general election had officially entered the countdown.
Even the train back to Bupen was covered with campaign posters and slogans.
I have to say that Mr. Truman is still very photogenic, standing in front of the national flag in a military uniform without a military rank, giving people a feeling that he has never had before!
Federal politicians always present themselves as decent, and in the Commonwealth, the so-called bottom president is not exactly "bottom" in the true sense.
Those dentists, teachers, cobblers...
Can these people and these jobs be considered the real bottom?
Obviously not, the worst of them are, arguably, middle-class families.
This makes them always have some... indescribable feelings in their bearing and momentum.
Mildness and generosity are enough, but they are much less strong and not close enough to people's lives.
Not everyone is a dentist, teacher and tanner, but there are millions of families who have served in the military!
If anyone really can represent the bottom, then Mr. Trueman may be closer to the word.
In addition to his heroic appearance, he is also the best one among all the candidate posters!
After returning to Bopein, Lynch also joined the campaign office work, in fact, to say how difficult the job is ~IndoMTL.com~ is not necessarily.
Those difficult jobs are done by those politicians, their face is better than Lynch's face, and what Lynch has to do is to burn money like crazy!
Those who have not been involved in this process will never know how ruthless the campaign money burn is. Every morning, Lynch has to send money to the designated accounts of the local social service bureaus in the swing states.
Because Mr. Trueman's poster was put up in places where it wasn't allowed in order to make it more visible, a fine was paid for it.
Even if things are done, the counter-fees can range from thousands to tens of thousands every day, just because the fines for illegal posting of posters are hundreds of thousands of millions every day!
In addition, buying various advertising time on TV stations to broadcast campaign advertisements, organizing students or workers to participate in campaign gatherings, everything costs money!
The money in the bank account will decrease by a large amount every day. If it is not for Lynch and the military industry group to lay a solid foundation for it, maybe it will stop because of lack of money in the end.
However, these crazy spending is also effective. In the new round of polls in the swing states, Mr. Truman's approval rate has risen to second place, and there is not much difference from the first place!