Chapter 561


    But, knowing when to pick his battles, he suppressed his anger and started to make his report.


    “Because of thepany’s slumping sales and the recent changes in the board, the distributors have


    lost confidence in thepany’s prospects. Therefore they want to terminate their contracts and


    demand a refund for the goods they returned.”


    “The distributors have so much unsold stock that their warehouses are full, that’s why they want a


    refund.”


    “However, thepany’s ount does not have any cash left. Furthermore, there’s a significant


    amount of outstanding debt. Despite receiving demand notices from the bank repeatedly, we have no


    money to pay them back at all. If we continue along this trajectory, thepany will likely fold soon.”


    Zeke looked at the suppliers as if he had something in mind. “Is your decision to break ties with us


    firm? I am giving you another chance now. If you are remorseful, I’ll allow you to work with us again.”


    Pfft!


    Many in the crowd couldn’t help but snigger.


    Walter, the suppliers’ representative sneered, “Mr. Williams, I’m worried that you’re the one who is


    oblivious to what the circumstances are. We should be the one giving you a chance instead of the other


    way round.”


    “How are you going to manufacture anything without us supplying the raw materials? Without end


    products for sale, yourpany will not be able to function.”


    Zeke replied, “Come on then, tell me what can you offer us?”


    The suppliers’ representative, Walter answered, “To be honest, I did a background check on Linton


    Group.”


    “It’s a smallpany that has just started to dip its toes into the pharmaceutical industry. But the


    amount of technical knowledge required by this industry is simply too much for someone inexperienced


    like you. Therefore, you are incapable of managing Reagan Pharmaceutical.”


    “If you are willing to transfer part or all of your shares to Mr. Hugh and allow him to continue managing


    Reagan Pharmaceutical, we will then give you a chance and work with you again.”


    Zeke couldn’t help but burst out inughter upon hearing what he said.


    His rude reaction infuriated Walter. “What are youughing at?”


    “If you don’t want to hand out your shares, then please settle your debt with us. Yourpany still


    owes me thirty million. If you can’t pay up, I’ll see you in court.”


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    The distributor’s representative quickly added, “We have returned our stocks to you but have yet to


    receive our refunds.”


    “If we don’t get it by today, you better be prepared to go to prison.”


    Zeke turned to look at Jacob and asked, “Hugh Junior, what do you think?”


    There was only one thing in Jacob’s mind now. And that was to beat Zeke to death.


    He felt humiliated every time he was called “Junior”.


    Taking a deep breath, he suppressed his own anger and said, “Mr. Williams, as to how we should


    proceed, the decision is in your hands.”


    “I can only help you provide a cost-benefit analysis. If you don’t meet their demands and are unable to


    fork out the cash, you will be heading to prison as the major shareholder.”


    “If you ept their proposal and transfer your shares to me, not only will you escape jail time, but you


    will also receive a handsome transfer fee.”


    “Your choice is between prison and a sum of money.”


    Zeke felt a sense of mncholy as he sighed, “I went through a lot of trouble and sacrificed so much


    just to get the shares. Therefore, I feel really reluctant to let it go.”


    Jacob really felt like murdering Zeke by now.


    Come, tell he how much have you sacrificed?


    The only reason you got the shares was because you ckmailed them out of my father!


    Zeke continued, “Other than the share transfer, is there another way for me to avoid prison?”


    Jacob calmed down and replied, “There are two other options.”


    “The first is to dere bankruptcy...”


    Zeke firmly remarked, “I’ll dere bankruptcy then.”


    The crowd was dumbfounded.


    Is he dering bankruptcy just like that? He must be crazy.


    Without any perseverance, he shouldn’t have run a business in the first ce.


    The ends of Jacob’s lips twitched vigorously.


    If you dere bankruptcy you will lose everything too.