Chapter 1601 Avery added, trying to lure Jacqueline into the trap, "We're in hot waters. Mom is missing, and Henley's family is watching US. They've never liked how Grandpa favored US.
"They consider Dad's company one of Grandpa's assets, so they began to purchase sshares here and there before Grandpa passed on. Before, we didn't have anything to worry about. Those shares wouldn't pose a threat, but Grandpa is dead now." Jacqueline's expression changed. "Is it bad?" "Yes, it's bad. The shares they bought and Grandpa's shares have surpassed the amount of shares Dad has." He sighed.
"It's because Dad loves US so much. He gave US a portion of the shares. No one expected Grandpa to pass away, and Henley's family is causing trouble now. The amount of shares Dad has can't be compared to them.
Follow on NovᴇlEnglish.nᴇt"They can becthe rightful owner of the company. Even if we take this to the court, we're bound to lose the case." "What should we do?" Jacqueline had long set her eyes on this company. If she weren't one step away from getting it, she would've escaped by now. There was no need to bear the risk of lying to Avery.
"We still have one way to stop them. That's to return all our shares to Dad." In other words, Jacqueline had to return her 3% share to David.
Despite the small percentage of shares, the annual dividend she earned could go upto millions.
"Will that do?" He answered, "No. Henley's family has cprepared. They won't give US any tto spare. The number of shares they bought in secret is beyond our expectations. In addition to Grandpa's 20% share, they'll still be the rightful owner of the company.
"The only way for US to take the company back is to buy it. Troy, Sean, and I had a discussion, other than Vox- who's still out of touch-we're planning to fork up all our savings to buy Uncle Reed's shares." Alarmed, Jacqueline asked, "How much is he demanding?" "Two billion dollars. This is the amount he proposed after considering his relationship with Dad. Otherwise, he wouldn't have proposed such a low price. It shouldn't be a big number for US, but Dad signed a few huge projects before all this happened.
"We invested in them with the money we had at our disposal. Now, our savings only total up to one billion dollars. We still need another one billion dollars..." Jacqueline could fork up that much, but that meant giving the entire savings she had.
She saved it up from the benefit she gained from the Fordham family and the profit gained from Toxic Hive.
Regardless, Toxic Hive was a mere research organization. It could bring in big profits, but the researches cost a lot. It wasn't as profitable as the Fordhams' family business.
Follow on Novᴇl-Onlinᴇ.cᴏmAlso, there were pros and cons to owning such a huge business.
Companies with a speculatedworth of billions of dollars would usually be involved in huge projects that cost more than hundreds of millions of dollars.
A huge sum of initial investment was needed for this kind of project. That was why it was normal to not be able to cough up two billion dollars in a short period of time.
Jacqueline believed in Avery's words without a shadow of a doubt.
He sighed in defeat. "I thought of many ways to gather one billion dollars, but... Sof my friends! know what's happening to our family, so they're reluctant to lendmoney. Things were so different in the past. They simply don't want to get themselves involved in trouble."
He continued helplessly, "I've done my best, Jacqueline. Considering how bad my healthy, know I don't have naucony tleft. Troy is seriously injured too. I can't put my hopes on Sean and Vox either.
"You're the only one we can depend on in this family. You're our only hope. I really wish to protect them company, even if it means to give you the company. At least, Dad's effort won't go down the drain. But..." "Don't worry, Avery. I'll think of something to get that one billion dollars.