Manhattan Reborn 1978
Chapter 40 Current Situation and Investment
David called Polly, who was still at work.
When she learned that Ludi was also in the company, she asked her to inform her that she would go to the old Malkin's house in the evening to meet with everyone and discuss whether to seek shares from the Morgan family.
Then he called Pine again and asked Giles about his schedule tomorrow.
Pine said that they would all be on the top floor of the Blue Crystal Hotel tomorrow night, and David could be his guest.
David said he would definitely come.
I hung up the phone, took out my notebook, and studied the evening meeting.
Susan walked out of the bedroom holding the sheets, looked at David and smiled sweetly: "My knight David, aren't you going to train again?"
David looked at the poss posed by this charming little goblin, how could he bear it!
Whoa!
Look at my hungry tiger attacking the sheep!
Bull-catching style!
Dragon Claw!
Thirteen-way tan legs!
Mostly half an hour later.
David felt a wave of fatigue come over him.
Who said this exercise is comparable to jogging?
This is much more tiring than running 400 meters at full strength!
The two quarreled for a while, had dinner, and went their separate ways.
Both of them like the way they get along now, and they don't need to take too much responsibility.
Just be happy!
David took a taxi to the old Malkin house.
Entering the house, several people who had just finished dinner greeted him upstairs.
It’s the same study room on the second floor with those few people.
Serena prepared snacks and coffee for several people, chatted with David for a few words, and then went downstairs.
As the initiator of today's meeting, David took the lead in making a self-review speech.
He frankly expressed his views on the talent problems that have arisen from the company's planned development to the present, as well as the many financial problems that will be faced in the subsequent full rollout.
After hearing this, several people looked at Polly.
Polly sorted out her thoughts and said, "Company Da has already spent 146 million dollars on its books so far."
"Including the rent of nightclubs, decoration materials and wages in various places. The expansion of soda fountains, deposits and personnel wages of trading companies, etc."
"All of the above can be done with 146 million dollars."
"The available funds we have on hand are less than $110 million."
Ludy said he is now completely wealthy.
Don’t count on the planned follow-up payment of $15.
David said that his $3 is still gone, so he won’t think about it for the time being.
Old Malkin listened silently.
Polly continued: "At our current development rate, the $110 million will be spent within two weeks."
"We haven't managed the accounts separately yet. Olena helped with many financial tasks, and her share of the expenses has not been given to her yet."
"We talked a few days ago. In the follow-up progress, when all the companies in the group start work, they will need an investment of 40-60 US dollars every week."
“This does not include new truck purchases by transportation companies.”
"The establishment of a new beverage factory requires hundreds of thousands of dollars, which depends on the scale and location."
“The investment in affordable stores depends on how many stores we want to open in the initial stage.”
"Trading companies need a large transit warehouse to ensure the operations of each company."
"If we want all companies to be up and running in September, the funding gap will still be $200 million."
"This can ensure that all companies can still operate normally even if they are not profitable next month. This is calculated based on the lowest cost."
After Polly finished speaking, several people were thinking in silence.
David thought for a moment and said, "After I participated in solving the talent problem yesterday, I kept thinking about the funding issue when I returned to the apartment."
"I fell into a weird circle myself, and I didn't figure it out until early this morning."
He turned to Polly and said:
"After the current stall is launched, if there are sufficient funds, how long will it take for it to be fully operational?"
Polly held her forehead and calculated: "The slowest progress among all our companies is the beverage factory. If we calculate based on the speed of its establishment, it will be fully self-sufficient in mid-October."
"Everything else can be carried out at the same time, including the renovation and opening of several affordable stores together. The trading company's goods can fully meet daily sales."
"The transportation company can also purchase some trucks and continue to cooperate with the truck drivers who are currently under contract. Slowly build our own company team."
"Clothing companies can acquire some clothing processing factories with good conditions to achieve production and sales."
"Nightclubs and clubs can also be opened before the end of September to achieve profitability."
"The personnel of the service company, after nearly a month of training, are fully qualified to take up the job."
"The rest of the security company needs you, David, to communicate with Pine about the time."
Polly answered very comprehensively.
David raised another question: "Polly, how much more investment do we need now to reach the development state you mentioned."
"More than 400 million dollars, the total investment may be close to 700 million dollars."
“All companies can be established, operational and generating profits before mid-October!”
"But our current profit output points are too few, only affordable stores and nightclubs." Lu Di sighed.
Polly continued:
"No, the security, services, and transportation companies will be able to be self-sufficient by then, without any further investment."
"After the expansion, soda factories, beverage factories, clothing companies, and advertising companies can all look for suitable orders."
"Construction company, I have talked to my husband and he will help us find some work orders to continue to stabilize the company's operations."
David looked at old Malkin. If anyone here might still have money, he should speak out.
Malkin Sr. sat upright: "I still have some money in my hand, which is intended for Manqi and Malkin Jr."
"After investing 200 million into the company, I don't plan to invest any more."
He looked at Polly: "I gave Polly these 200 million. This is what I owe her all these years!"
Polly looked at her father, her eyes blurring, and Ludy and David were silent.
"Actually, I had anticipated today's situation when we decided to invest."
"Do you still remember what David Sr. said about asking old friends for help that night?" Sr. Malkin asked the three of them.
They nodded.
"What he means is to find old tailors and others to help with investment."
"I also understand the purpose of David calling this meeting today."
"Now the company's funding matters will be discussed by the three of you. Let David find Morgan to invest in the company."
"We should look for old friends to invest in the company."
David asked curiously: "How much money can old friends invest?"
Old Malkin said with a smile: "Three million dollars should be no problem."
Ok.
"Then how about bringing everyone in to take shares?" David suggested.
A few people thought it was funny. It's not like Da was really desperate and couldn't find any investment, so he brought them all in?
Are you making a movie?
When the board of directors is held in the future, it will be lively.
When she learned that Ludi was also in the company, she asked her to inform her that she would go to the old Malkin's house in the evening to meet with everyone and discuss whether to seek shares from the Morgan family.
Then he called Pine again and asked Giles about his schedule tomorrow.
Pine said that they would all be on the top floor of the Blue Crystal Hotel tomorrow night, and David could be his guest.
David said he would definitely come.
I hung up the phone, took out my notebook, and studied the evening meeting.
Susan walked out of the bedroom holding the sheets, looked at David and smiled sweetly: "My knight David, aren't you going to train again?"
David looked at the poss posed by this charming little goblin, how could he bear it!
Whoa!
Look at my hungry tiger attacking the sheep!
Bull-catching style!
Dragon Claw!
Thirteen-way tan legs!
Mostly half an hour later.
David felt a wave of fatigue come over him.
Who said this exercise is comparable to jogging?
This is much more tiring than running 400 meters at full strength!
The two quarreled for a while, had dinner, and went their separate ways.
Both of them like the way they get along now, and they don't need to take too much responsibility.
Just be happy!
David took a taxi to the old Malkin house.
Entering the house, several people who had just finished dinner greeted him upstairs.
It’s the same study room on the second floor with those few people.
Serena prepared snacks and coffee for several people, chatted with David for a few words, and then went downstairs.
As the initiator of today's meeting, David took the lead in making a self-review speech.
He frankly expressed his views on the talent problems that have arisen from the company's planned development to the present, as well as the many financial problems that will be faced in the subsequent full rollout.
After hearing this, several people looked at Polly.
Polly sorted out her thoughts and said, "Company Da has already spent 146 million dollars on its books so far."
"Including the rent of nightclubs, decoration materials and wages in various places. The expansion of soda fountains, deposits and personnel wages of trading companies, etc."
"All of the above can be done with 146 million dollars."
"The available funds we have on hand are less than $110 million."
Ludy said he is now completely wealthy.
Don’t count on the planned follow-up payment of $15.
David said that his $3 is still gone, so he won’t think about it for the time being.
Old Malkin listened silently.
Polly continued: "At our current development rate, the $110 million will be spent within two weeks."
"We haven't managed the accounts separately yet. Olena helped with many financial tasks, and her share of the expenses has not been given to her yet."
"We talked a few days ago. In the follow-up progress, when all the companies in the group start work, they will need an investment of 40-60 US dollars every week."
“This does not include new truck purchases by transportation companies.”
"The establishment of a new beverage factory requires hundreds of thousands of dollars, which depends on the scale and location."
“The investment in affordable stores depends on how many stores we want to open in the initial stage.”
"Trading companies need a large transit warehouse to ensure the operations of each company."
"If we want all companies to be up and running in September, the funding gap will still be $200 million."
"This can ensure that all companies can still operate normally even if they are not profitable next month. This is calculated based on the lowest cost."
After Polly finished speaking, several people were thinking in silence.
David thought for a moment and said, "After I participated in solving the talent problem yesterday, I kept thinking about the funding issue when I returned to the apartment."
"I fell into a weird circle myself, and I didn't figure it out until early this morning."
He turned to Polly and said:
"After the current stall is launched, if there are sufficient funds, how long will it take for it to be fully operational?"
Polly held her forehead and calculated: "The slowest progress among all our companies is the beverage factory. If we calculate based on the speed of its establishment, it will be fully self-sufficient in mid-October."
"Everything else can be carried out at the same time, including the renovation and opening of several affordable stores together. The trading company's goods can fully meet daily sales."
"The transportation company can also purchase some trucks and continue to cooperate with the truck drivers who are currently under contract. Slowly build our own company team."
"Clothing companies can acquire some clothing processing factories with good conditions to achieve production and sales."
"Nightclubs and clubs can also be opened before the end of September to achieve profitability."
"The personnel of the service company, after nearly a month of training, are fully qualified to take up the job."
"The rest of the security company needs you, David, to communicate with Pine about the time."
Polly answered very comprehensively.
David raised another question: "Polly, how much more investment do we need now to reach the development state you mentioned."
"More than 400 million dollars, the total investment may be close to 700 million dollars."
“All companies can be established, operational and generating profits before mid-October!”
"But our current profit output points are too few, only affordable stores and nightclubs." Lu Di sighed.
Polly continued:
"No, the security, services, and transportation companies will be able to be self-sufficient by then, without any further investment."
"After the expansion, soda factories, beverage factories, clothing companies, and advertising companies can all look for suitable orders."
"Construction company, I have talked to my husband and he will help us find some work orders to continue to stabilize the company's operations."
David looked at old Malkin. If anyone here might still have money, he should speak out.
Malkin Sr. sat upright: "I still have some money in my hand, which is intended for Manqi and Malkin Jr."
"After investing 200 million into the company, I don't plan to invest any more."
He looked at Polly: "I gave Polly these 200 million. This is what I owe her all these years!"
Polly looked at her father, her eyes blurring, and Ludy and David were silent.
"Actually, I had anticipated today's situation when we decided to invest."
"Do you still remember what David Sr. said about asking old friends for help that night?" Sr. Malkin asked the three of them.
They nodded.
"What he means is to find old tailors and others to help with investment."
"I also understand the purpose of David calling this meeting today."
"Now the company's funding matters will be discussed by the three of you. Let David find Morgan to invest in the company."
"We should look for old friends to invest in the company."
David asked curiously: "How much money can old friends invest?"
Old Malkin said with a smile: "Three million dollars should be no problem."
Ok.
"Then how about bringing everyone in to take shares?" David suggested.
A few people thought it was funny. It's not like Da was really desperate and couldn't find any investment, so he brought them all in?
Are you making a movie?
When the board of directors is held in the future, it will be lively.
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