Chapter 872 - Live Beyond One’s Means (2/2)

“How is it on your side?” Chu Lui asked Du Jingtang. As for the employees’ side, they would use both new and old ones as they did not pose much of a difference.

Du Jingtang walked over and sank his entire body into the couch. “The stockholders at that side are all anxious. Since we started buying Chu Enterprise’s stocks, their stock price had started to cut their meat.

Also, Min Guocheng had sold one-third of his stocks, and this one-third is with Chu Lui. It was obvious that the remaining two-thirds would be within their reach.

How could Min Guocheng possibly fight with Chu Lui using that brain of his? It was no wonder that when his cousin gave up on his position as CEO of the Chu Enterprise back then, he was not too reluctant. It was because he had already decided to switch to a bigger building, and the new Chu Enterprise building was situated in one of the busiest streets in the city.

It was a new commercial building with offices and entertainment all in one mega-sized corporation. Actually, Du Jingtang should have guessed it at the start. This cousin of his was never someone that would be happy with his current situation and would not just stop at a specific high point in life.

The original Chu Enterprise building only had eighteen levels, and to Chu Lui’s ambitious heart, he would never be satisfied. Now, there were many buildings with more than twenty or thirty levels. Based on his personality, why would he be content to be stuck forever in a building with eighteen levels?

However, before he could turn his plan into action, Min Guocheng happened.

Chu Lui turned on the computer, and the Chu Enterprise stocks were dropping like crazy and almost to the bottom line. As for the project they had prepared for three years, the person who signed the contract was him—Chu Lui. It was written clearly on the contract that if it was someone else, the contract would be invalid; and the money would be returned to the owners. Since he had taken over that project, he would have made quite a big loss. He was going to make Min Guocheng compensate for the exact amount he did at the start.

At this end, things were gradually becoming more stable. As for other people which included Min Guocheng, the same was not happening; and he was overwrought.

“Why? Is it still dropping?”

He did not even dare to look at his computer and look at the trend of the stock market today. If this continued, he would have to use the Min family’s business to support the Chu Enterprise. Also, he had just started the Hang Yu project. That project needed them to inject a huge amount of investments, and money was running like water into the project.

He only knew that this project was very profitable, and the money earned could be used to buy another building with eighteen levels; and he could even own the land itself. However, he did not expect that the first phase of investment would cost so much to the point where he could not handle it.

Recently, he still used the Min family’s credibility to borrow money from the banks. After the new project was running, he could then repay the money in one shot and should be the point where he would start to earn. However, he was currently living beyond his means. He kept putting in sum after sum as if he was adding in water, but there was not even any profit. Just like that, the other party was chasing another sum of payment. He slapped his own forehead; he had not slept in a few days.

“Mm, it’s still falling. It might drop until it’s suspended,” his assistant said carefully.

“CEO, Hang Yu is asking for money again.”

“How much?” Min Guocheng slapped his forehead again, and it was so painful that he wanted to curse.

Money, money, money again. How much money had he shoved into the project?

“They want fifty million dollars.” When the assistant said it, he felt the pain in his heart himself. He knew the company’s situation the best. Let alone fifty million dollars, it was very difficult for the company to even take out five million dollars now. Besides, the most troublesome thing was that the banks were not willing to lend them any more money.

“Go and talk to the bank.”