Rebirth Strongest Tycoon

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“Philip Brother Company has entered the countdown to death!”

Solomon Brother Company, when he heard his subordinates report the actions of the New York Trading Commission and the New York Commodity Stock Exchange against Philip Brother Company, John Gufran looked gloomy and said with emotion for a long time.

At this moment, he has a feeling of if the rabbit dies, the fox grieves.

Although the Philip Brother Company has not fallen yet, in the eyes of John Gufran, it is almost falling.

He inquired that the Philip Brother Company couldn’t even replenish the stock exchange deposit, and the Board of Directors could look directly at this point. It was clear that the situation inside the Philip Brother Company was worse than outsiders thought.

How bad does it need to be before they can choose to give up!

So in John Gufran’s view, the Philip Brother Company is no longer saved. Even if it is rescued, the Philip Brother Company will undergo essential changes. If it changes its name, it will be another company.

If it cannot be saved, it will be dismembered, and the 6 70-year-old financial company will be disappeared.

“Hey, falling down deserves it, just let our company follow the bad luck…”

Thinking of this, John Gufran looked gloomy and had the urge to rush to Albert Raphael’s house tonight to beat him up.

If it weren’t for Albert Raphael, why is the Solomon Brother Company like this!

Although it will not go bankrupt for the time being, the losses are also serious. If the Philip Brother company goes down, most of the pressure will be transferred to their company.

“There must be a problem, maybe it’s the conspiracy of the Chicago consortium…”

“Forget it, things have reached this point, there is no need to explore the reasons anymore, it is better to buy the futures contract as soon as possible to stop the loss…”

After thinking about it, John Gufran immediately walked to the operating room.

……

“Boss, the stock price of Philip Brother’s company has crashed. Should we temporarily stop acquiring shares?”

While walking quickly to the operation room of Jiuding Securities Ltd., Toby Morton told Xia Yu.

Xia Yu kept walking and said expressionlessly: “Look at the specific situation first.”

Toby Morton stopped talking, and followed Xia Yu to the operating room.

Xia Yu even looked towards the trading board, it turned out to be red, and it fell almost vertically, with little fluctuation.

Take a look at the latest stock price after the jump.

Good guy, the stock price has dropped to 4.02 USD per share, with a market value of 600 million and 3,000,000 USD, which is about to fall below 600 million USD.

(⊙o⊙) …

Just as Xia Yu was stunned, the stock price had fallen to 3.92 USD.

Correspondingly, the market value of Phillips Brother Company officially fell below 600 million USD.

And the stock price is still falling all the way. Obviously the market has panicked and is rushing to sell first.

But there are not many stupid people in Wall Street’s organization, and it is clear that the Philip Brother Company is still in decline, how could it take over.

And now the Philip Brother Company has been linked to bankruptcy. As long as it is officially determined that it will go bankrupt, the shares will be forced out of the market in a short time, and now it is the amount of money that you buy.

“Boss, the Philip Brother company has an unexpected situation. Our previous plan is no longer in line. I suggest temporarily stopping the acquisition of shares, and wait and see first.”

Seeing Boss came back to his senses, Toby Morton said immediately.

Xia Yu slightly nodded said: “You are right. Didn’t expect the Philip Brother company to fall so suddenly. Stop the acquisition. It is estimated that the New York stock exchange will suspend the listing of Philip Brother’s shares in the near future, and wait for that time to buy. Right.”

Xia Yu is not a god either. This time he misestimated the resistance of Philip Brother Company and underestimated the extent of their losses.

It’s normal to think about it. Let alone Xia Yu as an outsider, it is estimated that the board members of Philip’s brother company may not know the real assets of the company. After all, no company will be idle and painful to count the company’s assets in real time, even more how veteran companies have more dark sides. Without comprehensive statistics, it is difficult to figure out how many messy assets there are.

In the past, the New York Trading Commission and the United States Trading Commission were able to make a conclusion after investigating in one day. It was not because all assets had been fully calculated, but the loss of Philip Brother Company was too large. Only rough statistics of assets can be used to calculate approximate figures. .

Just a rough figure is enough to draw a conclusion, after all, the loss is too big!

However, the fall of Philip’s brother company in advance is more beneficial to Xia Yu. Just like now, if you want to acquire more than 20% of the equity shares, how can you save tens of millions or even 100000000 million USD.

Just then, an employee walked over quickly, and Xia Yu and Toby Morton turned to look.

I saw the employee respectfully greeted him and said: “Boss, the manager, the latest news, the official gave Philip Brother Company one week, they must pay off the due debt within one week, and pay the security deposit on time. If you do If it fails, it will be judged that the Philip Brother Company is insolvent, and the official will carry out further intervention.”

“Anything else?” Toby Morton looked at Xia Yu, then asked the employee.

“Nothing.”

The employee shake the head said, Toby Morton encouraged him to keep paying attention to the news.

“Boss, it seems that the next week is the most critical period, what should we do?”

Toby Morton asked, looking towards Xia Yu, waiting for his instructions.

Xia Yu thought for a while and said: “When something happened to the Philip Brother Company, the high-grade copper futures and aluminum futures went up even more frantically. Relying on them alone would definitely not be able to escape. It depends on bankruptcy reorganization or bankruptcy liquidation. The best result It means reorganization after an organization takes over.”

In fact, there are two situations in a company’s bankruptcy proceedings. One is bankruptcy reorganization, and the other is bankruptcy liquidation. The two are very different.

Bankruptcy reorganization is to save the continuation of the enterprise, and bankruptcy liquidation is the procedure after the elimination of the enterprise.

The purpose of the former is to actively prevent the debtor’s bankruptcy and reflect the function of its property appreciation, while the purpose of bankruptcy liquidation is to passively and fairly distribute the debtor’s property, which reflects the function of the distribution of property after bankruptcy.

If it is a bankruptcy reorganization, the Philip Brother Company will still exist as long as it does not change its name, and the bankruptcy liquidation will disappear in a real sense.

Although the United States Trading Commission and the New York Trading Commission gave the Philip Brother company a week, Xia Yu is sure that it cannot escape.

Although the common cause of bankruptcy is based on the failure to pay off due debts, this is a common situation, and two criteria are more important to judge.

The first is whether the debtor has the immediate ability to pay off the due debt; the second is whether the debtor’s assets are sufficient to cover all its debts (whether due or not).

According to the current situation, even if the debt of Philip Brother Company is not due, it can be judged that it has lost its solvency, because the company is already insolvent and belongs to the second form.

Not to mention that Xia Yu has already inquired that the debts between the Philip Brothers company and two financial institutions are about to expire, and the cumulative total is more than 2 million USD. This money is not easy to take out, and there is no company willing to take over the debt.

In addition to the creditors, the Philip Brother Company also has to face the problem of investors getting the funds back. Before entering the formal asset liquidation process, investors can get the funds back, as long as the Philip Brother company agrees to give it back. !

However, the company’s assets are frozen when it enters the formal asset liquidation process. At this time, the issue of asset allocation is involved. No matter whether it is an investor or a creditor, it is not possible to apply for the asset back.

So it is conceivable that in the next week, the Philip Brother Company will be overcrowded and will be surrounded by investors claiming funds.

Regardless of whether it is given or not, the Phillips Brother Company will accelerate its collapse.

Taking these into account, Xia Yu judges that the stock price of Philip’s Brother Company is still falling, and it is possible to fall to 2 300000000 million USD.

So he thought quickly for a moment, and instructed Toby Morton: “Toby, you first make the following preparations: first, investigate the latest shareholder situation of the Philip Brother company; second, prepare the gambling conversion agreement, when the time comes Use cash instead of shares to complete the gambling agreement; 2 is to make the Philip Brother company suspension of listing and we are ready to take over shares offline.”

“My purpose is only one, to take Philip Brother Company!”