The guardian's sword by Taking Cigarette novel Chapter 826

Chapter 826

Zimmer Corporation held a press conference to support its stock price as it crashed.

Then River City’s banks came to collect their debts.

The stockholders also surrounded Zimmer Corporation.

The event had spread all over River City.

Even ordinary people outside the business circle had heard the news about Zimmer Corporation.

Zimmer Corporation had raised its fame.

However, there was the good kind of fame and the bad kind of fame.

Zimmer Corporation must be uncomfortable being the center of such a storm.

Jon thought all he needed to do was raise enough money for River City Bank and some of the stockholders who wanted to sell off their stocks.

However, he forgot an old saying.

The old saying “Rats would desert a sinking ship” was not groundless.

As news of Zimmer Corporation’s plight spread, Zimmer Corporation’s upstream clients and downstream suppliers were rattled.

It was true that the suppliers depended on Zimmer Corporation for their livelihood. Zimmer Corporation was their boss.

However, they were only the boss when they had money.

Who would acknowledge Zimmer Corporation when they had no money?

Therefore, numerous suppliers came and demanded they settle their debts.

The less money Zimmer Corporation had, the more anxious suppliers were to get their hands on their money.

Zimmer Corporation was exhausted as they floundered.

Zimmer Corporation was on the verge of collapse.

Just because Jon held on did not mean everyone in the company was going to hold on with him.

Countless employees quit, including core senior executives.

It left Zimmer Corporation with no one to implement their decisions and arrangements, making matters

worse.

What was more terrifying was that shareholders quietly began to sell their shares.

It did not matter if Zimmer Corporation could not pay. People would be willing to buy their shares as long as these shareholders were willing to sell.

As a result, a significant amount of the company’s shares were owned by people outside the company without Jon’s knowledge.

Jon raised money as he dealt with the comments outside.

He did not have the time or energy to pay attention to what was going on in the company.

Zimmer Corporation had the most attention within River City’s business circle.

Many companies or affluent families in River City had their eyes on them.

They remembered very well how Zimmer Corporation of River City had been on the rise in recent years.

With abundant funds and backed by a big shot in the army, you could say that they ruled River City.

Encountering such sudden change, many people speculated about what happened.

It included the Quinn family of River City.

Old Madam Quinn’s residence.