The three billion he used today had come from the commercial loan.
If not for the commercial loan, Jasper would not have been able to come up with another three billion after spending one billion to issue an increase of Sena’s shares due to his tight cash flow.
“Tomorrow or perhaps another day, JW Capital will release a statement claiming that after a considerable amount of evaluation, we realized that it’s not time for Sena to go private just yet and JW Capital will postpone privatization indefinitely.”
Jasper’s words had Conrad paling further.
Mitch glared at Jasper with a harsh gaze and ground his teeth together as he spoke, “You b*stard! You’re intentionally lying to Nasdaq and your investors! Aren’t you afraid of the consequences?”
“Consequences? Privatizing a public company is not some small decision. After a thorough evaluation, I realized that it’s not possible, so I decided not to do it in the end. That’s it. What consequences do I have to bear?
“JW Capital didn’t buy one single share of Sena’s from the stock market, so there won’t be suspicion of malicious manipulation of Sena’s shares prices. God can come over and trial me and I still won’t have to face any consequences. Everything I did was legal and lawful.”
Jasper’s words had Mitch’s face slowly paling.
Jasper took a look at the trio’s expressions and shook his head in slight disappointment.
There were many unspecified details. For example, Benett’s help and Morrison’s decision to retreat.
Jasper had decided to go big this time so that he could get rid of Conrad and the other two, as well as lurking enemies like Morrison. Even if Jasper could not fully get rid of Morrison, he refused to back down without dealing a huge hit.
However, Morrison was too crafty, or perhaps there was more to his retreat than Jasper knew.
Still, Morrison had retreated without hesitation once he realized his plan could not go through. Jasper estimated that Morrison had lost a dozen million or so, but he had no idea what the exact amount was.
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