<h2 ss="wp-block-heading">The Amazing son inw Chapter 3764</h2>
At this moment, Abbas found himself in a dilemma. If his only concern was to fulfill the task assigned by Charlie, the specifics of the three-seven-twenty-one didn’t matter much to him. If everyone was meant to sell, then they would sell. After all, it’s like killing a chicken to get the eggs—once you do, you still have to hand over half of those eggs.
However, he was uncertain about Charlie’s stance regarding these individuals, which left him unsure about how to proceed. He said, “First, please rify your own asset situation. If your cash is less than half, pay the cash upfront. For the remainder, we will find a solutionter.”<fnc2da> Th?s chapter is updated by fι?dnοvel</fnc2da>
The group had no choice but toply.
Consequently, the soldiers from Wanlong Pce began to systematically register the branches of the Wade Family. They inquired about each person’s specific assets and cash situation, and once the registration wasplete, they required all avable cash to be paid immediately.
As this flow of funds entered the Wanlong Pce ount, Charlie’s Concorde airliner finally touched down at Eastcliff Airport.<h3 style="background-color:DodgerBlue">
Uponnding, Stephen Thompson escorted him to Yeling Mountain.
During the journey, Stephen provided a brief update on Abbas’s situation, including some inuracies from Abbas. He asked, “Master, on my way here, Abbas inquired about how to handle those individuals whose cash is less than half of their family’s assets, especially when most of their assets are in real estate and fixed assets?”
Charlie replied casually, “You should adopt a reasonable approach with those who acknowledge their mistakes and impose penalties ordingly. However, don’t be overly harsh. Start by collecting some cash. For the rest, allow them to pay in installments.”
He paused for a moment before continuing, “Typically, installments would incur interest. However, even for the Wade Family, I’m willing to show a bit of leniency. They won’t be charged interest, but we will impose a handling fee simr to what banks do.”
“For instance, if they owe us one billion, they can repay it in 12 installments over a year, or 36 installments across three years, or even 60 installments over five years, amounting to six million per installment.”
Stephen was taken aback and eximed, “Master, if we apply that ratio, the handling fee for the first installment is 6 per thousand, which totals a staggering 36% for the entire 60 installments! For a one billion principal, that trantes to a handling fee of three hundred and sixty million yuan. Isn’t that excessive?”
Charlie chuckled and responded, “Isn’t it standard for banks to charge 6 thousandths per installment for credit card payments? I’m not confiscating any excessive charges; I’m merely aligning with the banks.”
Stephen quickly replied, “Master, I understand your point, but that handling fee ratio is still quite steep… I’m concerned they might struggle under such a high burden…”
Charlie, with a shrewd expression, stated, “If they can’t manage it, I can present them with an alternative. We can convert the owed amount into corresponding equity in theirpany based on a preferential valuation. For example, if theirpany is valued at five billion and they owe us one billion, normally, that would equate to a 20% equity stake. But given their debt, I won’t charge an installment fee; instead, I expect a cash discount. Therefore, they must give us a 20% discount on the total valuation. In this case, if apany valued at five billion is discounted by 20%, the new valuation is four billion, meaning that the one billion debt would convert to a 25% equity stake!”<h2 ss="wp-block-heading">The Amazing son inw Chapter 3764</h2><h3 ss="has-text-align-center wp-block-heading"><strong></strong>