Chapter 535
“ording to our current contract, Michaels Corp will only take 30% of the profit. At the board meeting,
we decided that if we don’t pull out, we’ll have to pour a lot more resources into this project. That would
mean an investment far beyond anything else we’ve risked so far, so we’ll need more potential profit to
bnce that risk.”
ke was very adept at reading the room, and his next words immediately shut down the chaos that
had erupted in the conference room. “50%! We want 50% of the ROI, and we require Beacon to give us
the patent and data for the new drug.”
“Impossible! That’s not how business works! 50% is higher than we can afford. As for the data, we
already agreed that it will only ever belong to Beacon!”
Wynn’s expression turned cold and her tone sharp. “You’re viting the contract without reason!”
Wynn was now extremely unfriendly to ke. He was clearly trying to get everything for nothing!
ke’s eyes twinkled. He never expected Wynn to agree off the bat either, so he smiled and said,
“That’s just the condition our board proposed. Don’t be quick to anger, Madam Johnston. I’m sure you
know better than I do that this project is integral to Beacon’s recalibration, and it’s necessary if Beacon
wants to expand to Capital City. After all that time and effort you put into it, I’m sure you won’t let it all
go to waste, right? Why don’t you give it a bit more thought?”
At this point, ke was barely veiling his threat.
Wynn frowned. “Are you threatening me, Mr. Michaels?”
“Oh, Madam Johnston, that’s going too far. I’ve been a long-time investor in Beacon, no? I’m only
thinking about your own good.”
ke smiled like a crafty old fox.
Wynn’s expression contorted in rage when she heard that, her already-cool expression dropping to
sub-zero!
“I think there’s nothing left to talk about here. Pull out if you want. We canplete this project even
without Michaels Corp’s investments!”
ke finally sneered at that. “I know you’re a cold and unforgiving woman, Madam Johnston. But you
know this project better than anyone, and you know that you can’t continue without our investment.
Even if you manage to develop the drug, how will you market and sell itter? Don’t think you can rest
easy just because you have Anderson Group’s distribution channels in South River District. Although
all of Anderson Group’s sales rights have been transferred to a brand newpany, the Michaels from
Golden City distribute 30% of the country’s pharmaceutical drugs. You will need us if you want to reach
Capital City. That is why I advise you to reconsider.
“After all, that is how you n to expand to Capital City, right? If you fail, Beacon might just disappear
from Riverdale altogether.”
Wynn felt silent. ke was right; Beacon had invested too much into this project. If it dies in the water,
that will be a disaster of epic proportions for Beacon!
Wynn had a short discussion with Minerva before she looked up and said coldly, “40%! That is my
bottom line, and that is the most Beacon canpromise. We will not give you the research data!”
Wynn clenched her teeth. She was already very unhappy with thatpromise, but she did not expect
ke tounch a sneak attack on them, now of all times!
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How would Philip handle this if he were here?
Could her husband help her?