Chapter 344 New Share Issuance
Chapter 344 New Share Issuance
William looked at Sophia, who was lying on bed, and had mixed feelings. He wanted to come back and
divorce her, and then give his son a proper social status. But now that Sophia was in this state, he
could not say anything.
"How long will she last like this?" William asked the doctor. Sophia's face was now pale, without a trace
of life. Without knowing that she was alive, people would probably all think she was dead. Even her
face, which did not look too bad before, was now unattractive.
"I don't know, maybe a year, maybe a lifetime." The doctor shook his head. No one could give a definite
answer based on the current situation.
"Based on surveillance footage, she ingested the poison herself. The poison was for poisoning rats. I
didn't expect her to take such drastic measures," Hilary told William what she heard.
William sighed. "Maybe this is fate. She deserved it. It's a pity that my child won't get social status for a
long time." William was not very worried about Sophia. He was worried about his new lover and his
son.
Hilary could only glance at William. He was her brother, so she did not know what to say. She suddenly
felt bad for Sophia.
William did not stay long after he came back. After Jacob became the President of HD Group, he took
advantage of his powers to take care of William's issues, so no one mentioned what happened with
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However, he had become accustomed to staying abroad with no one there looking down on him. He
had already transferred his shares to Jacob so Jacob could defeat Richard and become the boss of the
HD Group. The agreement at that time required Jacob to take care of William's issues after becoming
the President.
When William came back this time, he neither returned to the Carter family's old house nor met with
Richard or Cathy. He only met Jacob once and then visited his mother, Addy. Since he could not
divorce Sophia, he did not stay any longer.
"Richard, I want to see Allen," Hilary said.
"No, you can't go see him, Hilary, you can leave. You are not welcomed here. Go back to the old
house." Richard did not care about Hilary's feelings or reputation in front of his subordinates.
"Richard, how could you do this? Are you doing this to me for the sake of that woman? I'm your sister.
Don't you think you are crossing the line?" Hilary cried in the house.
"You know best what you have done. Don't make me talk to you any further. As your older brother, I've
let you in, but my children and my wife cannot forgive you. Leave before I change my mind. Get out!"
Richard pushed Hilary out.
Hilary ran out crying. She was aggrieved when she left, so she called Allison.
"Allison, where are you? I'm coming to find you."
Jacob's investment project had already begun operations under the strong request of him and his men.
It performed well and generated considerable earnings initially.
"Well, was I said at the time wrong? You've all been brainwashed by Richard into thinking this project is
dangerous. How is it now? You each receive twenty percent of the earnings every month. Are you
happy?" Jacob said to the directors during the board meeting.
Those directors also saw the benefits. Jacob bribed them, so they were all on his side. Shareholders
who supported Richard were mostly removed.
"So you have to believe me. I'll make you richer than when you worked with Richard. You have to
believe in me. Now we are going to issue new shares. You're going to buy it with your savings then
you'll have more money than you can count." Jacob asked the shareholders to take money out and
continue to buy the HD Group's shares during the board meeting.
He was still short of a lot of money. The compensation payment that Allison agreed on was delayed
and still not received. He had no choice but to issue new shares.
"But what are we issuing shares for? The HD Group's stock has been performing very well. Why do we
want to issue new shares?" Although those shareholders supported Jacob on the surface, they still had
doubts about his capabilities.
"Because we want to expand the scope of business, which needs money. We want to use more money
to make money. You should all understand the reality," Jacob said, but the people below were not very
interested.
"Everyone, take a look at your account. The money you earned has already been transferred to you.
Isn't it safe? The more you invest, the more you earn. If you are unwilling to withdraw money out, then I
can raise money from the public. I want to use the name of the HD Group, so many people would want
to buy our stock. You won't have much hope of buying the stock by then. I'm always thinking of our
people first whenever there are opportunities to make money." Jacob was still trying to inspire everyone
to action.
Some people felt that his words made sense. The profits in the past few months had indeed been quite
high, and they were paid on time. As a result, they expressed their willingness to purchase a portion of
the shares.
Once some expressed their views, things became easier to handle. More and more people expressed
their views that they would like to purchase some shares.
"Very well. I'm doing this for everyone here. Have the money ready next week, and we'll distribute the
shares. I plan on issuing five billion shares this time. We'll keep three billion for ourselves, and I'll sell
the rest to the public." Jacob was relieved when he saw everyone finally agreeing with him.
The profits in the past few months have been paid out by him personally from borrowing money.
Although he made a bit of money, it was not as high as he said. In order to continue deceiving
everyone, he could only borrow money to pay out the earnings.
After several speeches, the shareholders finally agreed, and Jacob was relieved now. He borrowed
upon usury for Allison's sake.
The HD Group was now issuing new shares. Richard was already kicked out of the HD Group, so he
did not have a share. Some shareholders called Richard, asking him for his thoughts on the issuance
of new shares.
At that time, those people all supported Jacob and avoided Richard, but now they still wanted to ask
Richard first.
Of course, Richard could only say that there was a risk. He could not directly tell them that it was a
scam because if he did, then they would think he was only jealous of Jacob.
"Richard, why do you think Jacob is issuing shares this time?" Lucy asked Richard.
"Why? What other reason could there be? He is having liquidity problems!" Richard looked
confident.