As An Eight Year Old, I Went Into Financial Management Behind My Parents Back - Chapter 40
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Chapter 40: Shell Company
Translator: Atlas Studios Editor: Atlas Studios
After dismissing the person who had come to ask him for an endorsement, Lance continued to pay attention to the stock market.
Recently, he realized that the stock market was not doing well. The investors had been incurring losses.
[I lost, I lost everything I had.]
[Oh my god, why is the screen filled with green? Save me. I must be seeing things. Ah no, I must be dreaming. Someone, wake me up.]
[I’m laughing. My uncle is often in the red when trading stocks. He’s now sitting at the balcony smoking and contemplating life; watching him from behind, he cuts a desolate figure.]
[Tsk, tsk, tsk. Fortunately, I haven’t invested on a large scale recently, so I only lost a little. I’ll wait for a while before buying when the stock market is good.]
[…]
On the Internet, a bunch of stockholders complained crazily.
Lance frowned. If at this time, he still bought stocks in a high-profile manner like he usually did, it would attract too much attention.
Moreover, if he bought all the stocks, he would inevitably be slandered by others, saying that he had internal information and so on.
Although he was upright and was not afraid to be misunderstood by others, it was better to earn less than to invite unnecessary trouble for no reason.
After some thought, Lance decided to give up on the stocks that could bring short-term benefits and instead chose to invest in stocks that could have long-term development potential.
After choosing a few, Lance invested a small amount of money.
These stocks were all originally considered to be trash stocks that no one had high expectations for. No one would have imagined these stocks to rise in value in the future.
After buying the stocks, Lance sent messages separately to Shen Mulin and Albert.
After he had told them which stocks to buy and when to sell them, Lance finally felt relieved.
He could not make big gains now, but he could still lead them to make small gains!
…
In the study room, the lights were slightly dim.
Recently, Lance had almost settled the company’s matters, and there was no need for him to keep an eye on the stock market. He was much more relaxed and had time to read books and cultivate his mind.
Ring! Ring! Ring!
Just then, his phone rang suddenly, and the sound echoed particularly loudly in the empty and quiet study.
Lance put down his book and casually glanced at the caller ID, which showed that it was Albert.
He pressed the answer button and turned on the speakerphone.
After a series of actions, Lance leaned back in his chair and half-closed his eyes.
He asked calmly, “What’s up?”
“Lance, recently a company approached me for collaboration.”
Albert got straight to the point.
He knew that Lance didn’t like dilly-dallying opening remarks.
Lance became interested upon hearing this.
If an ordinary company approached Albert for collaboration, he would not mention it to him. If he specially called him to talk about this company, it meant that this company was unique or distinctive.
While Lance was lost in thought, Albert continued to speak.
“This company wants to collaborate with me, and since it’s our first time working together, I wanted to ask you if it’s feasible.”
Now, Albert already trusted Lance completely.
For certain important decisions within the company, Albert had to inform Lance and seek his advice before he could make the decision with peace of mind.
This was also the reason why his company had been stable lately and was showing signs of an upward trend.
After listening to what Albert said, Lance asked, “What company is it?”
“Heqiu Company.”
It had an elegant name.
With that, Lance went online to search for information about this company.
On a certain search engine, Lance typed in the name of the company and pressed the search button.
Instantly, a bunch of search results appeared.
Lance clicked on one of the search results at random, and it led him to a detailed introduction of Heqiu Company.
The company’s history, current situation, and key personnel were all clearly displayed in the introduction.
There was nothing suspicious about it at all.
As he was watching, Lance asked a question.
“How do you plan to collaborate?”
After a brief silence, he asked a question, and Albert also replied quickly as well.
“Their company wants me to invest 200 million yuan. They also said that I should test the waters first and see the returns.”
“I have looked into it. This company is a large company. If I invest in them, I’m sure to get a considerable return.”
200 million? And it’s just the beginning of a trial investment?
Upon hearing this significant amount, Lance still remained cautious.
For a large company, if Albert chose to invest 200 million yuan, both parties could benefit, and It would be a win-win situation.
However, if the other party was not a so-called large company, then asking for 200 million would be an exorbitant demand.
“Wait a moment, let me check again.”
With that, Lance used the system to check.
He would not have known if he had not checked, but he was shocked when he did.
The outwardly glamorous company was actually just an empty shell. It was a shell company!
Heqiu Company did not have the funds at all.
However, although it had no funds at all, its packaging was perfect.
If not for the system, Lance would have believed that this was a large company and let Albert work with them.
If Albert wanted to invest in the company, he might lose everything in the end.
“Tsk tsk, they’re indeed asking for an exorbitant sum.”
Lance said something flatly.
“What did you say?” Albert was at a loss. “Lance, what do you think of this company?”
“This company only looks glamorous on the outside, but it has long decayed internally and doesn’t have any funds.”
“Simply put, this company is a shell company.”
Lance did not hide anything and told him everything about the current situation of the company.
“What?!”
Albert was so shocked that he almost dropped his teacup.
After putting down his teacup, Albert hesitated for a moment before speaking again.
“Lance, I don’t think this company is a shell company.”
“This company has almost everything. Let’s take another look. I’ll regret it if I miss the opportunity to collaborate with them and lose a large sum of money.”
Albert’s words made Lance put his hand to his forehead.
He said helplessly, “May I ask which shell company will openly announce that it doesn’t have money or ability?”
“Would a liar call himself a liar and tell you to get ready to be cheated of your money?”
Lance’s question succeeded in stopping Albert.
Albert felt that Lance was right.
He only saw things on the surface and did not study this company carefully.
“You’re right. I didn’t consider it before. I should have done more checks.”
Albert scratched his head and responded awkwardly.
“I think if you’re really indignant, you can test this company first.”
“It’s not like we’ll lose anything by probing.”
Lance knew that although Albert said that, he would still be thinking about the benefits of working with this company.
Instead of saying that Heqiu Company was a shell company without any evidence, it was better to let Albert see the truth for himself.
This would also dispel his worries.
“You’re right,” Albert said, enlightened.
“I think it’s fine. I’ll test them now.”
“Lance, you’re my genius!”
Albert chatted briefly with Lance and then hung up.
Lance smiled on hearing the disconnected tone on the other end of the line.
This guy, he had to stubbornly insist on his own idea until he tasted failure.