Chapter 765
The money was delicious bait.
At that moment, however, Jon had no such concerns.
Zimmer Corporations was in desperate need for financial resources.
It was like a cake had appeared in front of a starving man.
He did not care if there was poison in the cake. He would just scarf it down without a second thought.
Even though Jon was a cunning old fox, he did not have any suspicions.
They had bought the most prized land in River City. If they succeeded in developing it, the Zimmer family will rise through the ranks swiftly.
Therefore, he felt that it was very normal for his company’s stocks to skyrocket.
Each sell-off brought in a huge amount of money.
Jon did not even know how many shares he had sold that day.
However, at the end of the day, he still retained some sense of rationality and did an estimation of the shares he had.
He had to always ensure that Zimmer Corporation’s share of equity was accounted for.
He would only be able to retain his position as the chairman of Zimmer Corporations with more than half of the shares.
“I’ve counted it, dad. With the 10% that I have, we still have 55% of the shares. So, we don’t have to worry.”
Quill was more excited than Jon.
When he saw the steady influx of funds into the company’s account, the feeling that he felt was
indescribable.
“Alright! It’s almost time to stop.”
Jon leaned against the backrest of his swivel chair. He felt extremely pleased.
This sell-off had given them plenty of liquidity.
Not only would the 60-million-dollar-debt be paid off, but there would also still be a hefty amount of reserve funds for the development of the land in the future.
“We’ll be spending the most money when we’re developing the land, right dad?”
Quill thought for a moment and asked.
“Heh, today I’ll be teaching you the ways of a capitalist. We develop the land and compensate for the demolition. We can negotiate with the original residents to sell their property with an additional sum of compensation. This way, we’ll only need a small fraction of the capital to get started. Then we can carry out real estate development. At this time, we can pre-sell in advance and collect funds. With that money, we can build real estate and sell it to them. We will hardly be using our capital flow. This is what a capitalist should do,”
Jon laughed. The more he thought about it, the more pleased with himself he became.
“Understood, dad.”
Quill nodded along enthusiastically.
They seemed to have seen the moment that Zimmer Corporation would soar to the top.
The Quinn family, inside Old Madam Quinn’s residence.
Ever since Willow left the Quinn family, Old Madam Quinn had been in low spirits.
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