20 years of restarting life

Chapter 2625 The fire in Mike’s heart

Mike couldn't help but be shocked when he heard that Doug was selling 4% of his shares, leaving only 1%.

"No need to persuade me, I have already decided," Doug added firmly, "My wife is very supportive of my decision!"

Having said all that, Mike had nothing to say.

They are forty years old this year. While he himself is still maintaining the anger of technology and the pursuit of arrogant and arrogant ideals, his childhood friend and partner are more willing to be an excellent father and husband with tens of millions of dollars. Live a happy, leisurely and free life, and you have no rights or reasons to object to anything.

According to regulations, shareholders with more than 5% of the shares of a listed company must hold these restricted securities for one year before selling. After the one-year lock-in period, the amount of shares that can be sold every three months cannot exceed 1% of the issued shares of the same type or The greater of the average weekly trading volume over the four-week period.

In fact, last year, when the stocks listed in Toronto were held for more than a year, Doug began to sell the stocks in his hands until he reached the 5% critical point.

Looking back now, the reason why Doug reduced his stock holdings to 5% was to avoid these restrictions and have complete freedom to significantly reduce his holdings in the stock market.

This shows that he already had the idea of ​​leaving BlackBerry last year and took action.

"What a pity. If you had made this choice last autumn, you would have taken away at least 2.5 million US dollars. Now you can only cash out more than million US dollars!"

Mike said regretfully, but he still couldn't help but complain about Doug in his heart.

"There is no medicine in this world that I regret selling. If I don't sell it now, I may regret it even more in the future."

"What if you regret it later after selling?"

Mike actually wanted to persuade Fa Xiao and tell him that he still had strong confidence in the future of BlackBerry!

"People can never be sure of the future now, but you can't not choose today just because you don't know what will definitely happen in the future. However, in fact, your not choosing is a choice in itself. In this case, I will choose one It's my own choice. If I win the bet, I can still provide research funds for three to four years. After that, I will no longer provide it. I will have to keep 1 to million to live on. , I hope I lose the bet. The funds of the research institute below will be taken care of by you, Mike, and I still have % of the shares in my hand, so it’s not a complete loss.”

Mike understood the meaning of Doug's words. The two of them invested in the University of Waterloo's Institute of Quantum Computing and the Institute of Perimeter Theoretical Physics. They need to provide nearly ten million US dollars in research funds every year. Except for the University of Waterloo's part, the rest The investors contributed part of it, and their investment accounted for at least half of the capital.

If Doug loses the bet, it means he wins. BlackBerry's stock price will rise sharply, and the company's efficiency will improve. It is natural for him to pay the money.

"Have you thought about how to sell it?"

Doug hesitated for a moment. If he sold directly on the stock market, first of all, he would feel sorry for Mike and Jim. He could even imagine Jim rushing in front of him as if he was going to eat his anger.

Secondly, with so many stocks plowed in, the support line of $2.8 would collapse in an instant. At this time, he had no idea at what price he would be able to sell his 4% shares.

Not to mention the current price of US$70 million, even US$50 million is very difficult!

"How about you ask Fairfax Financial?"

Mike suggested: "For now, they are the most powerful and understand BlackBerry."

"I've already asked them. They were vomited blood by Nortel's losses during this period, and now they are desperately trying to get insurance to make money. It's not that selling Fairfax Financial and BlackBerry will make them bankrupt instantly due to losses. They have already done that now."

Doug looked distressed and confessed to Fa Xiao that he was going to run away. This was really hard to say, but he said it no matter how hard it was to say.

But after he revealed that he couldn't reliably liquidate the 4% of his shares, everything was in vain for him!

"It's not all done at once. Didn't Zhao Chang'an hold a meeting and say that he wants to support BlackBerry's stock price? Then if he supports it, I will sell it and slowly grind it out."

Doug himself blushed when he said this, thinking that he was so shameless and had no martial ethics at all. After Doug left, Mike sat in the study, feeling like a trapped animal that was constantly being tied up -

He drank a bottle of refrigerated Coca-Cola, but it still couldn't quench his thirst. It was like a fire burning in his heart. Instead, stimulated by Coca-Cola, it burned even more violently.

Mike strode out of the villa and drove straight to Toronto.

He ignored his wife who came out anxiously and told him that the meal was almost ready and that she would go back to work after dinner.

Fortunately, Mike's wife had long known that her husband was a natural technology geek. Once he had an inspiration in his mind, he would work regardless of anything else. He even often ran back to the company's research institute at night, so she was no longer surprised.

Mike drove down the road, opening all the windows and sunroof, letting in the strong wind.

At this time, he discovered that perhaps the only way and the right direction had been hidden in Zhao Changan's heart.

He needs to have a real open conversation and brainstorm with him!

-

Zhao Changan, Zhou Kexin, and Jin Chenxiao had lunch and continued on their journey. However, before they had driven far, they received a call from Mike.

"Mike."

"Where are you?"

"Just had lunch on the way back to Toronto."

"Should I go to your company in Toronto to find you, or should you wait for me on the road?"

"Mike, if you and I meet privately at this time, it will easily cause misunderstanding."

"I don't care about his misunderstanding! Doug wants to sell 4% of his shares."

Zhao Changan was stunned for a moment: "Did he tell you and Jim, or did he tell you alone?"

"I didn't tell Jim that Jim could fight him tooth and nail at this time!"

"Okay, I'll wait for you on the roadside, -"

Zhao Changan hung up the phone and said to Zhou Kexin and Jin Chenxiao: "Doug has lost confidence in BlackBerry and wants to sell 4% of his shares."

"Smart move. To be honest, I think his evaluation of BlackBerry and their products this morning was so right. Mike and Jim haven't realized this problem yet. Within a year, BlackBerry will go bankrupt, and the stock will go bankrupt." Become worthless!”

Zhou Kexin was actually trying to persuade Zhao Changan with good intentions not to take too many risks, to think twice before acting, and to listen to others and eat enough.

"You think so too?"

Zhao Changan asked Jin Chenxiao with a smile.

"What I am using now is RIM 6230, and the PAD is also from them. The product can be said to be the best model in the world in terms of mobile phone and communication and office functions. However, this model is targeted at high-end business people and political dignitaries. This is destined to have a very narrow customer base. However, their technological capabilities are indeed very good. The drawback is that mobile phones and PADs are too exclusive and have no greater development potential.”

Jin Chenxiao said: "If we can change the positioning and make a model that is better looking, thinner, lighter, and has more functions, it is hard to say in the future. It's just that these things are easy to say, but not so simple to do."