I’m in Hollywood
Chapter 284: Seeing the poor
So, a few days before the start of the 50-character concert, a generation of Emperor superstars died inexplicably.
Thinking of this, Eric couldn't help but chill, and thanked himself for not being born again to a black man. Therefore, although he is now being squeezed out by several giants, he has not been discriminated against by the public.
After the Golden Globe Award, Eric and Robert Shea signed a contract to re-transfer the 10% stake in Firefly, and directly credited Robert Shea’s $60 million in cash to a New York-based investment company account.
Although Jeffrey and Chris have raised objections to this, I hope Eric will leave a cash for the unexpected, but Eric is determined to ask Chris to use the $60 million plus before The $10 million in accounts, totaling $70 million in cash, is the best way to win as many shares of Cisco as possible.
Before this storm, Eric had never been too valued about money. He felt that as long as he developed steadily and steadily, he would definitely step into the peak step by step in the future.
But after the storm, Eric discovered that money is the most important thing in this world of capital. It is like a talisman, if Eric was a billionaire with billions of dollars in property, even if He is younger, and now these people don’t dare to attack him like this.
Time passes by, every day endures the indiscriminate bombardment in the newspaper media, and Eric can hear good news from time to time, because most investment institutions are not very optimistic about Cisco's prospects, plus the current market value of Cisco. Only $225 million, so under Chris's price offensive, some investment institutions that had decided to buy Cisco stocks transferred their share of the subscription.
The share of the stock that comes to hand is 7% from the beginning. A sum increased, and at the end of January, all of the $70 million was spent. A total of 23% of Cisco's shares, although in accordance with Cisco's market value of 225 million US dollars. The 70 million share of 23% is a big loss, but if you calculate the market value of the $500 billion at the peak of Cisco, the value of this share will be an astronomical figure.
Of course, Eric also knows that with the growth of Cisco, this stock will certainly be gradually diluted, but as long as it can maintain about 10% of the shares, it will still be a huge asset in the future.
At the same time that Chris spent all $70 million. February 1st is finally here, and the four lawsuits are still entangled. At the same time, the US Federal Anti-Monopoly Investigation Agency’s Federal Trade Commission’s Los Angeles branch held a press conference, claiming that it would be a monopoly on fireflies and joint elite brokers (uta). Conduct an investigation.
When the news came out, the public opinion was once again stunned, and various analyses quickly appeared in the newspaper.
In the Malibu Manor, Edward Lewis walked into the living room in a hurry and sat down opposite Eric, who had already done several people in the living room, Jeffrey. Robert Shea and uta's ceo Kapoor Sid are here.
"Edward, let me talk about the situation first?" Eric personally gave Edward Lewis a cup of coffee before he said.
Edward drank the coffee. Then I took out a stack of thick documents and put them on the coffee table. I took out one of them and said, "Eric, roughly this is the case. The Federal Trade Commission has begun to investigate and collect fireflies and utas. Once convicted, Then, in addition to all the shares you want to take out, you may face huge fines."
"How much will this fine be?" Eric asked his most concerned question, Colombia and Fox joined together and defaulted on the huge share of fireflies. Eric realized that the final killer must be related to money.
Edward Lewis found another document: "According to the anti-monopoly law, in general, it is based on 20% of the income generated by illegal companies due to monopolistic behavior. But this number is not fixed, and flexible. It’s quite big. If you do it well, you don’t even have to pay a penny, just transfer the uta shares in your hand, but if...”
"Edward, sorry to interrupt you, you know, we all have a little knowledge of the relevant laws, so you directly say that I may have to pay so much fine."
"Amount, okay," Edward Lewis said. "You may have to pay a fine of up to $160 million in accordance with the firefly and uta violations."
Eric made a jump: "How could it be so much, uta's profit today is only a few million?"
Edward explained: "Eric, it's not your algorithm. You should put uta and fireflies together, because uta and fireflies are your own industry. I used to be from Caroline Elliott. Ms. got some information, and your total account has reached more than 400 million U.S. dollars this year. Coupled with the possible income of the five movies still being released, because the violations of uta and fireflies are not serious, so 20 There is no possibility of an increase in the base amount of %, so, in total, you will have to pay a fine of up to 160 million."
Eric groaned and asked: "How long is the time limit for fines imposed?"
Edward knows what Eric is asking, saying: "According to the current situation, this lawsuit will not last more than three months, and after that, you still have three months to pay the fine, right, Eric, I just As you emphasized, the $160 million is only the worst possible. In fact, in general, the fine will be much lower than this number, even without paying."
"For half a year," Eric whispered to himself. He didn't ask Edward what would happen if he didn't pay the fine at the expiration. Obviously, nothing more than an asset freeze and then an auction. What is his assets, only fireflies.
Moreover, although the profits of these films at the end of the year may far exceed 160 million US dollars, Eric can be sure that after these movies are down, he will not be able to get the money except for the lawsuit. And waiting to win the lawsuit, half an hour is estimated to have passed.
Since things are irreparable, Eric will no longer suffer from the loss and say to several people around him: "Since this is the case, we should fight back."
Jeffrey had already sighed, because Eric lacked trust in others, so at the current position, only Jeffrey knew what he had left before: "Eric, need What do we do, let's say it?" (To be continued)
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