The reborn peasant girl has space for farming

Chapter 1580 Poor crisis public relations

"What do those people mean? They actually chose to withdraw their capital at this time. Okay, I will make money then, so don't let them be jealous!"

Although Frank's pharmaceutical group has a strong financial background and a lot of fixed assets, it does not have much liquid cash, so he looked for investment institutions to help him share risks. As a result, these people withdrew their capital midway, leaving him to carry on on his own.

In order to make his laboratory better than that of the Ruan Group, he used the best facilities and materials. The cost of these things was very high, but their efficacy was average.

After all, these were tailor-made for him by Bai Meixi. They were embroidered pillows that were expensive but of poor quality.As for those companies that were also mixed with Bai Meixi's handiwork, the contracts they signed were very beneficial to him. Even if he withdrew his capital midway, Frank would not be able to seek compensation from them.

"Young Master, we don't have much money on our books anymore. We can only maintain it for about three more days. Why don't we let the factory stop working first? Our financial situation can also be alleviated."

The housekeeper came back with a look of embarrassment. They had produced too many drugs during this period. In order to promote this new drug, they gave up the original drug promotion. Now that batch of drugs has also become unsalable, and the overall return of funds is not optimism.

What's more, the current market is too competitive and there are many drugs of the same category. If no excellent new drugs are launched, they may have to sell off the entire group in order to survive.

Frank's home has many antiques, as well as some very valuable jewelry and art, which can be liquidated and are very expensive. However, as a noble of Country M, he will never allow himself to sell these things.

Frank began to look for loans from underground banks. The interest rates from these banks were very high, but the advantage was that no formal procedures were required, and the money could be kept confidential if the money could be paid off.

"The young master actually borrowed money from us, which really made the shop flourish." The bosses of underground banks like this kind of brainless rich second generation to patronize them the most. The assets in their hands are very valuable, and most of them are powerful outsiders but powerful inside. Very convenient when paying bills.

"Hmph, I don't intend to deal with people like you. I'm just too lazy to go to the bank to withdraw money." Frank gave himself a very bad reason, but the bosses of the underground banks didn't care about this. As long as a big fish came to their door, they would Can't get it.

Frank used the money to maintain the apparent prosperity of the company, but because the animal experimental data has not been approved, the drugs have not been able to be launched. Frank, because he wants to save face, continues to produce those drugs, hoping that one day these drugs will become more money.

This quickly put the company's finances to the point of being stretched thin, and the constant negative news about this pharmaceutical group caused the stock price to continue to fall, and soon exceeded [-]%.

It was only then that Frank realized the seriousness of the matter. His company still carried a lot of loans. If the stock price did not rise, the bank would probably cut off the position and forcibly withdraw the loans.

"Who dares to go against me? Doesn't he want to live?"

Frank still had the temper of a young man. He immediately called the company's public relations, legal affairs, and lawyers, and asked them to discuss a feasible policy to resolve the current crisis as soon as possible.

"Boss, this is definitely someone who is maliciously lowering my stock price in an attempt to take advantage of the low price. This signal is very dangerous."

"I think we should refute the rumors in time, prove that our company has no problems, let investors have confidence in us, and restore the company's stock price." Everyone felt that this matter was a headache, and this headache was entirely caused by Frank himself. After coming out, they felt that this young man deserved it. He should not have been involved in the muddy waters of drug development in the first place.

The big boss made it very clear before he left that the company should be handed over to people who really know how to run it, and they should be very cautious in drug research and development. After all, the cost of drug research and development is too high, and a company may not be able to make a few in a lifetime. Classic medicine.

Their pharmaceutical group already has more than a dozen mature drugs. As long as Frank can live his life with peace of mind, keeping these drugs will be enough for him to live a prosperous life.

But he was unsatisfied with the status quo. After inheriting a large inheritance, he still wanted others to praise him for his ability and that he was a young talent.

Therefore, Frank has set his goal on drug research and development from the first day he took over the company. He wants to develop a drug that can be named after himself, and this drug must have a sensational effect and make everyone buy the drug every time. All can be reminded of His benefits and grace.

Frank's ideal seems very beautiful, but in fact, for a person who knows nothing about pharmaceuticals, releasing such an ideal means preparing to be deceived.

Over the years, Frank had no idea how many projects he had set up and how many people he had hired who had returned from studying abroad. As a result, no drug could be successfully developed. Those people received high salaries but did what liars do, leaving the housekeeper and other company veterans to do nothing but Can be anxious.

After these years of hard work, the company's vitality has long been severely damaged. Otherwise, if it weren't for the efforts of the old employees to maintain it, this pharmaceutical group would have been exhausted and would have ceased to exist in name only.

But Frank didn't realize this at all, and thought that his family's company could make all the difference in country M like before.

"Teach these people a lesson so that none of them dare to speak out. If they are talking nonsense, then break one of their legs."

Frank said viciously, and at the same time asked people to severely punish the laboratory staff. This drug kept causing problems. It must be that the people in the laboratory did not try their best. He must punish them severely to make those people pay attention to this matter.

"Young Master, now everyone suspects that there is something wrong with our medicines. If you insist on going your own way, it will only get worse. Those people in the laboratory are all hired by us with high salaries. They will not have any problems."

The public relations manager has been in this industry for decades. She knows best what silence is golden. After seeing the situation in front of her, she couldn't help but persuade Frank to restrain himself. What they have to do now is to restore their image and there must be no more violence. .

"Why are you so long-winded? Since you work for me, you must complete my orders, otherwise what will I want you to do!"

Frank yelled at these people, and the PR manager was immediately helpless. She felt that Frank was too exaggerated. Any industry needs confidentiality, especially the pharmaceutical industry. Before being completely prepared, no word should be leaked to the public. explain.

Otherwise, these words will become a lever for others and make their situation more and more disadvantageous.

(End of this chapter)