Chapter 102
Chapter 102: <Game king>
Ryan Capital was founded by Ryan Dosen, who now worked as the company’s representative fund manager. He stayed in his office all day and only came out for two reasons.
One was to fire someone and the second was when someone made a profit of over 10 million dollars in a week. When the latter happened, he always came out with a whistle in his mouth.
Today, he walked out of his office blowing his whistle emphatically.
It echoed throughout the office, but no one frowned. In fact, everyone started to clap one by one.
Ryan Dosen slowly approached Williams Liam and shouted, “Ten million dollars!”
This was the amount Liam made this week.
“Haha, good job. Here is your incentive.”
Everyone looked at Liam enviously. Ryan handed him a 500,000-dollar cheque.
Liam thought to himself.
‘It wasn’t me who made the right decision.’
He found out which was the serial number that made impossible transactions during the financial crisis. He followed its moves during the Dubai Shock and that was how he made the profit.
All Liam could think of was that serial number.
‘Whoever it is, it must be someone incredible.’
Afterward, Liam looked at the data in shock.
The serial number he was following made 5 billion dollars in profit. This was unbelievable.
He used all his sources to find out who owned the serial number.
KND Investment.
It was a one-year-old small corporation that wasn’t even registered in SEC (U.S. Securities and Exchange Commission).
This also meant this company was under the radar. Liam realized he now had two options.
Follow KND’s transaction patterns…
…Or go against it and steal KND’s profit.
Liam enjoyed playing games. He loved competitions.
He didn’t want to be a small fish that followed the big fish for small crumbs. He wanted to be the best of the best.
“Let’s see…”
Liam looked at KND’s transaction patterns again. Currently, it had 5 billion dollars. Liam swore to take that money away from it the next time.
Woosung and Alex enjoyed their dinner at the Rainbow Room in New York.
Alex exclaimed.”Boss, I can’t believe your instincts! Where did you learn to do that?”
“It was just luck.”
“Then you must be the luckiest man alive. At this rate, you will own the Wallstreet.”
“Haha, that would be a dream come true.”
There were still many opportunities Woosung remembered till 2018 including 2016 Brexit and next year’s Greece economic crisis.
Alex whistled. “I think if anyone can do it, it would be you.”
“Well, I can see it happening. Wouldn’t it be great?”
Alex shook his head. “I don’t know if I can keep up with you.”
“Haha, by the way, did you get that thing done?”
“Yes. I created a corporation named DNK and I am collecting the stocks under it.”
“And how about Finland’s Power Cell?”
“I looked into it, but it doesn’t exist. Are you sure about it?”
Woosung thought for a second.
‘Then they must have created a company next year and release their game then?’
Woosung enjoyed the game in his previous life, but at the time he didn’t look up when or who exactly developed it.
“Alright, I will check it again so don’t worry about it. All you have to focus on is to continue buying MOX’s stocks and get ready for a takeover.”
“Haha, that would be a piece of cake. You already bought a majority of the shares.”
Woosung ate a piece of steak and looked out the window. “You need to always be cautious and vigilant.”
Alex nodded seriously. Woosung was the one who saved him when he lost everything from making bad investment decisions. Alex always took Woosung’s advice very seriously.
10 dollars.
The stock price of MOX finally reached 10 dollars. After the H1N1 situation calmed down, League of Ancient became the most popular game online. Everyone was playing it.
Legend’s sale continued to decline.
Jung Jinsup paled when he checked the price. He picked up the phone and called Woosung.
When there was no answer, he called his office where he learned Woosung was in America.
“Dammit! Dammit!”
According to their contract, when the stock price went to 10 dollars and below, the stocks were to be sold automatically to pay the debt back This meant Jung Jinsup would lose all the shares of his company.
“Okay, I need to calm down. Even if all of the shares get sold, I can just buy them back with the borrowed money.”
Jung Jinsup breathed slowly. Suddenly, the door to his office burst open and his assistant walked in.
“Sir, DNK has just bought a majority of our company’s stocks.”
“DNK?”
“It’s a foreign investment company. It now owns 47% of our company. If you include the mandates it received from the minor shareholders, this company has 67% of the voting rights to MOX. It has called for a shareholder’s meeting.”
Jung Jinsup froze.
Jung Hyosung couldn’t get angry at his son. He tried to stay calm as he said to Jung Jinsup.
“So you think DNK bought your shares that were sold because of your contract with Kang Woosung?”
“I’m sorry.”
“…”
“But now that the stock price is so cheap, I can buy them back with the borrowed money.”
“All 47%? DNK basically now has all the public shares of our company. If you start purchasing in big lots, you will cause the price to go up.”
Jung Jinsup asked, “But wouldn’t that mean the prices should be up already?”
There were no available stocks to buy in the public market which meant the price should be rising, but it wasn’t. This meant one thing.
Jung Jinsup continued, “Stock rotation?”
“That’s right. I wouldn’t be surprised if this company has been targeting us for a long time.”
Jung Jinsup paled. This was a hostile M&A.
“There is a good chance the meeting is to kick me out of the company.”
Jung Jinsup couldn’t breathe. He had to contact Woosung.
He needed to hear from Woosung that this was not happening.
He wanted to hear Woosung deny it, but he knew he would be disappointed.
“Be strong and ready.”
Jung Jinsup bit his lips to his father’s warning. He had to find a way to buy the stocks back.
When Jung Jinsup got back to his office, there was a call waiting for him.
Kang Woosung.
Jung Jinsup pressed the button immediately.
Woosung answered, “Oh, what’s going on?”
“W…what happened to my stocks you held as collateral?” Jung Jinsup asked desperately.
“Oh, I don’t know. I need to check with the company.”
“Then hurry up. Check it now, and how about the stocks you and your company had?”
Woosung answered with a lie, “The price was going down so I sold it to someone.”
“Was it DNK?”
Woosung had to try hard not to laugh.
“Yup, that’s right. What happened?”
Jung Jinsup dropped his phone. Woosung waited 5 minutes before hanging up. He texted instead.
“I checked with the company and apparently, the stocks were sold automatically per our contract.”
“And DNK was the one who bought everything.”
“I will look into DNK myself.”
After reading the messages, Jung Jinsup threw the phone against the wall.