You can search for “Miao Bi Ge, the richest man in instant noodles” in 100 degrees to find the latest chapter!

“Everyone, we meet again!” Harry Potter said with a smile at the board meeting of the Qualcomm Group.

However, compared with before, at this time Qualcomm’s board of directors has undergone tremendous changes. Two of the funds sold all their stocks to Harry Potter and completely exited the market.

At the same time, another founder also sold his stock to Harry Potter, but he still left about 3% and continued to stay on the board.

So at this time, in the board of directors of the Qualcomm Group, in addition to several founders of Qualcomm, only Masayoshi Son is left as an outsider.

“Mr. Potter, what you did this time is really beautiful, you have been staring at our Qualcomm for a long time!” Masayoshi Son asked with a black face.

“What do you mean?” Harry Potter heart startled. Could it be that Masayoshi Son found out that Boss asked someone to make trouble for Hong Kong?

“You are still pretending to be garlic at this time. If it weren’t for you to leak the news to the American news media, and then spend money to make those news media report, or even fabricate news that Qualcomm’s funds are exhausted, how could our Qualcomm shares fall to Now this field!” Masayoshi Son really hates him. He had gotten Harry Potter right and wanted to make a fortune.

But what didn’t expect was that even if Qualcomm’s new technology experiment failed, the other party seized the opportunity and stabbed the news media. As a result, Qualcomm’s stock price dropped by about half, and his investment in Qualcomm also Shrunk by half, Masayoshi Son can only be ghosts when he can be happy.

“Mr. Sun, we are all people on Wall Street. Disclosing the news to the media is still a means? Isn’t this all our daily life?” Harry Potter said with a smile” If it wasn’t for your disappointing, the experiment in Hong Kong and Hong Kong failed, we can’t spread the news, right?”

“Besides, isn’t Qualcomm running out of funds? How many dollars are still on your account?” Harry Potter asked with a smile.

“No comment!” Masayoshi Son said through gritted teeth.

“Oh, I almost forgot. I am now the chairman of the board of directors. I don’t need to ask you. Come on, go and find the chief financial officer. I want him to report to me on the financial situation of the group!” Especially said with a smile, the other people suddenly became ashes.

Soon, the chief financial officer came over. Don’t know that the new chairman would definitely ask about the financial situation, so he handed Harry Potter a list of assets that had been prepared.

“Tsk tsk tsk, it turns out that we don’t even have 10010000 US dollars in our account, and even the funds for consigning the 18 devices back by plane are not enough. I don’t expect Qualcomm to be so miserable!” Harry Potter cynically said , The other directors can only smile bitterly.

No way, Qualcomm is really out of money. They originally planned to take advantage of the success of the experiment to start a new round of financing to make money. Unexpectedly, the experiment failed and the stock plummeted. Now that there are people who are willing to invest in Qualcomm, it is a ghost.

“Mr. Chairman!” Irving Jacobs stood up and said, “Since you are still willing to join Qualcomm at this time, it means that you are still optimistic about the prospects of Qualcomm. We hope that the board of directors will immediately increase issuance and absorb a sum of funds to maintain the company’s operations!”

“Issues at this time? Who do you expect to pay to buy these shares?” Harry Potter shook his head. “It’s useless. Now the company’s stock is in a plummeting situation. You can issue more now. Equivalent to tell all investors, the company There is no money anymore, so the company’s stock will only fall more severely, and no one will be willing to buy the stock at all!”

“This…” Irving Jacobs is a researcher. He doesn’t know much about the operation, but Harry Potter makes sense. He looked at the Masayoshi Son on the side again, and found that Masayoshi Son was also silent, not at all, and he jumped out to retort, indicating that Harry Potter’s words are true, and now there is no money for additional issuance.

“Then what if private placement?” Suddenly, Masayoshi Son on the side opened the mouth and said, “Since Mr. Harry Potter knows that our company is short of money, he is still willing to buy shares, which shows that Mr. Porter is indeed Looking forward to the future of Qualcomm, Mr. Porter is investing a sum of money to maintain the operation of Qualcomm, which is also as it should be by rights!”

“Not equal to me. We will issue a portion of the shares to Mr. Porter, so that Mr. Porter’s shareholding ratio can be increased, and the company can also get a financial support. Isn’t it beautiful?”

“This…” Harry Potter hesitated for a while, then looked at the other shareholders and asked, “Do you have any comments?”

“We don’t have any opinion?” All the shareholders desperately shook their heads, what a joke, if at this time they refuse to issue private placements, then the company is really done.

So after the unanimous agreement of all the members of the board of directors, the Qualcomm board of directors decided to issue a privately-issued additional US$500010000 in shares to the American Priority Foundation. In this way, Foundation’s equity in the board of directors has increased from 51% to 68%. No one in the company can challenge the authority of the American Priority Foundation.

The shareholdings of others have also declined. In addition to the remaining 8% of the outstanding shares, Irving Jacobs still has 7% of the shares left in the hands. The other founders and shareholders together have about 14%. Masayoshi Son’s shares have dropped to 3%, which is pitiful.

But what makes Harry Potter a bit discomforting is that he once approached Masayoshi Son in private and expressed his willingness to get 3% of Masayoshi Son’s shares, but he was rejected by Masayoshi Son and he wanted to die. Staying in Qualcomm, this leaves Harry Potter with no choice.

Immediately afterwards, Qualcomm announced the drastic internal equity changes and the fact that the company was basically acquired by the American Priority Foundation. It also announced the news that the company had received USD 500010000 to 1 in financing.

Stimulated by the good news, the stock price of Qualcomm Group finally stopped its plunge for several days and stabilized again. However, Qualcomm also strengthened great injury. In the eyes of outsiders, Qualcomm seems to have to wait for chronic death.

After the board meeting, Irving Jacobs took the initiative to find Harry Potter, hoping to resign from the company’s president and CEO positions.

“Why is this?” Harry Potter asked in surprise.

“The crisis the company encountered at this time is my fault!” Owen Jacobs sighed. “The CDMA experiment at this time failed under my leadership. I should take the blame and resign. However, Mr. Chairman, I still firmly believe that, CDMA is still the unswerving development direction of Qualcomm in the future. Although we have failed this time, we must never give up. We must continue unswervingly, and one day we will succeed!”

“It’s a pity, I’m leading everyone down now!”

“Mr. President!” Harry Potter smiled slightly, and then returned the manual resignation report to Irving Jacobs. “He is the best president of the company. I never meant to replace you. Otherwise, it would be true without Qualcomm. Has become a headless fly.”

“Thank you, Chairman!” Irving Jacobs showed an expression of gratitude, and then tentatively asked “The direction of the company’s development…”

“Since I have invested a few 100000000 million US dollars in research funds in CDMA, isn’t it a waste of all my previous efforts if I change the direction? And I heard that the experiment is not a complete failure, and the communication is still established, but it is not enough. It’s only stable. So I suggest that the company refurbish the equipment and start the experiment again!

“Start the experiment again!!” Irving Jacobs was flushed at first, but soon he laughed more bitterly. “Mr. Chairman, in fact, the entire world is almost occupied by the second-generation communication protocol of other companies. Europe, North America, and Japan all have their own set of communication protocols, and now only a part of Asia has not been occupied.”

“Originally, we intended to use Hong Kong as the most important experiment and promotion base, but with the last failure, the Hong Kong and Hong Kong side has refused to continue the experiment with us, while some other small countries do not have the means to carry out the experiment. Conditions for the experiment, where else can we go to carry out the experiment?”

Owen Jacob sighed.

“Mr. President, I am very curious about one thing!” Harry Potter tapped on the table softly and said, “Obviously there is a country with the world’s most populous and third-largest country with nothing on it, so why do you Turn a blind eye?”


Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like