Chapter 48
Chapter 48
Penny frowned as she asked, “You’re really here to invest in our company?”
Samuel chuckled as he replied, “Of course! What else could we possibly be here for?”
Still suspicious, her tone was wary as she questioned, “How much are you planning on investing and what are the conditions?”
A booming laugh escaped the man’s lips. “I’ve always liked doing business with people as straightforward as you. Not a moment is wasted.”
“I’ve done my research on your company. You want to complete the shopping mall project at Asiatic. Taking into account the advance payment and other expenditures, you will need at least five hundred million. You should know that five hundred million is not exactly a small number, but neither is it an amount that the Smith family can’t afford.”
Penny was visibly taken aback at his words. “You want to invest five hundred million in us?” Text property © Nôvel(D)ra/ma.Org.
Samuel grinned. “Yup.”
Five hundred million was exactly the amount that Cross Corporation had needed for the project. If Samuel really was serious about investing in them now, it would be some much-needed funds.
However, she knew that the Smiths would never be so kind as to help her in her hours of need.
Staring at him, she spoke her next words carefully, “How very generous of you, Mr. Smith. But maybe we should discuss your terms first; I’m worried that I might not be able to accept them.”
“Smart girl. My terms are simple. I want ninety percent of the profits and all of your staff in the Finance Department to be replaced with mine.”
Glaring at him furiously, she spat, “That’s just ridiculous!”
The man’s reply was calm, “I’m leaving you ten percent of the profits, aren’t I?”
Miles chose that moment to speak up, with a sneer on his face, “Penny, you really should take a look at the situation you’re in right now. Without our investment, completing this project would be a moot point, as your company will probably go bankrupt before then.”
May chimed in as well, “Exactly! We’re trying to help you; don’t be so ungrateful!”
Their words had rendered Penny speechless.
Unfortunately, they were not wrong. She had to admit the cold, hard truth to herself - her company was in dire straits.
Without their money, she really could not continue with this project as the expenses were just too high. There was also the fact that this project was one of the most important development projects in the city. If there was a delay or if they had messed up the construction, the consequences would be terrible.
Be that as it may, the terms the Smiths were asking for were just too demanding. Ninety percent of the profits was a lot. If she were to agree, the Cross Corporation would have done all that work for barely anything in return. They would practically have conducted free labor.
Taking in a deep breath, she sighed, “Mr. Smith, your terms are too harsh. I can’t accept you taking ninety percent of the profits.”
“If you were to invest five hundred million in us, the most that I could give you is sixty percent of the profits.”
Samuel crooked a finger at one of the men behind him, not bothering to turn his head. The underling quickly pulled out a contract from the briefcase he had carried, before handing it over to his boss.
Like he was throwing money at a beggar, Samuel flung the contract on the floor before Nathan and Penny’s feet. His voice was calm as he uttered, “If you sign the contract now, I can still leave you ten percent. However, if you insist on being stubborn, without signing it today, I’ll only give you five percent tomorrow.”
“I know that you’ve already failed to find anyone willing to invest in you and your loan request was rejected. In the entire city of Channing, only I am willing to save you now.”
“The choice is yours.”