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AliNovel > Reclaiming Her Heart > Chapter 337 the Fair family might go bankrupt

Chapter 337 the Fair family might go bankrupt

    Selena''s forehead furrowed even tighter, but the information only stated that there was a $5 billion coboration with the Fair family without specifying the details.


    She felt an immediate sense of urgency. What kind of coboration could require a cash flow of $5 billion?


    During thest round of financing, the Montague family didn''t invest $5 billion; this project was evenrger than the funding.


    Selena''s heart pounded, and she couldn''t sit still any longer.


    She called Caterlington, who had recently acquired Mr. Wright''spany and should have a better understanding of PW Group than Shelley.


    When Caterlington received her call, he was in a meeting, twirling a pen between his fingers. "Selena, you''re being a bit much, don''t you think? Only calling me when you need something, and ignoring me when you don''t?" "Mr. Walsh, I just want to know what kind of project PW Group has undertaken." Selena asked.


    Caterlington leaned back and chuckled. "What''s the matter? Did your family''spany sign a coboration with PW Group?"


    "It seems so. My father is still in the hospital, and the coboration was arranged by his assistant. He must have obtained my father''s seal," Selena replied.


    Caterlington narrowed his eyes. "PW Group previously approached the Montague family, but I heard they cklisted them. Said it was a deceitfulpany full of scams. It does have many talents and a widework, with arge number of inte trolls. They even made it onto the Forbes list before. But as you know, those rankings are manipted by capital. They simply look at apany''s revenue and rank them randomly. Raymond himself has been around Silicon Valley, so he should have seen through PW Group''s tactics a long time ago a use of contract loopholes to bankrupt small and medium-sized enterprises. That''s why I heard the Montague family cklisted PW Group." Selena''s heart skipped a beat. "How do they force bankruptcy?"


    Understanding her urgency, Caterlington exined further. "Based on their previous pattern, let me guess boldly. the Fair family sells paint, but the price of paint fluctuates with the prices of other raw materials, possibly by a twenty percent difference between the beginning and middle of the year. PW Group is most skilled at convincing thesepanies to sign agreements to buy their paint in theing months at a fixed price. For example, three hundred dors a barrel. If, after three months, the paint is priced lower than that, yourpany makes a profit from the market difference. It appears to be problem-free, right?"


    Selena nodded, acknowledging that this was indeed the case, at least until this point.


    "But they usually sign orders on arge scale, exceeding the maximum capacity yourpany can handle. For example, they might sign a ten billion dor deal over three months with you. However, even if you work overtime, you still won''t be able to produce that much paint. That means you would vite the agreement and need topensate them with twenty billion dors. Mostpanies would try to squeeze their employees, pushing them to achieve the target quantity. But PW Group has the most adept algorithm master. The project they signed is impossible for yourpany to produce, no matter how hard you try. In the end, you will end up losing money," Caterlington exined, the tone in his voice casual. "How many orders has yourpany signed with them?"


    "Fifty billion dors," Selena answered.


    Caterlington''s expression instantly turned serious. He chuckled lightly, "As far as I know, the Fair family''s second round of financing didn''t seem to reach that amount. Did Raymond intercept all your orders recently, causing extensive losses to thepany, leading you to take this gamble?"Text ? by N0ve/lDrama.Org.


    Caterlington''s words happened to align with what the board members were considering.


    Though they understood that fifty billion dors in orders were substantial, it also brought


    Thepany''s regr two-year production cannot possibly bepleted within six months.


    However, due to the Montague family intercepting all of thepany''s clients, there has been no business for nearly half a year, causing everyone''s panic. The PW Group''s contract arrived just in time.


    Making the factory employees work to death is better than everyone being idle, as thepany may face bankruptcy.


    In addition, with Beatrice strongly in favor of Kenny, the contract was approved.


    But Selena still doesn''t know the details, and for now, she only knows one thing.


    And that is that the Fair family has gotten into a big trouble. They might go bankrupt by ident.


    She remembered what Raymond said, that the Fair family''s bankruptcy has nothing to do with him.


    After hanging up the phone, Selena''s eyes flickered, and shepletely calmed down.


    She realized that being anxious now was useless. She had no right to interfere with the board''s decisions; she could only hope for her father to wake up.


    At this moment, Raymond was sitting in the Montague family''s office, with the city''s lights shining behind him.


    John came in with some documents and couldn''t help but add a few words, "Sir, I heard that PW Group has signed a cooperation agreement with the Fair family."


    Raymond didn''t even bat an eyelid.


    John continued, "Fifty billion dors. That''s the Fair family''s two-year order volume, and they have toplete it within six months, or they will facepensation ims, and the Fair family might go bankrupt." Raymond calmly lifted his head and put down the pen in his hand. "Is there nothing else you have to do?"
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