Picking Up Money Without Telling
"You want those trucks?"
Ferral, who arrived at the courthouse a little later, asked a question while smoking. He looked quite tired, and it was rare to see him smoke.
Smoking can leave a smoky smell on your body, which is considered very impolite in some situations, and most people would try to avoid it, especially Ferral, an important assistant to the mayor.
Their outward appearance often represents the image of the mayor, and they are often assigned important tasks by the mayor. Therefore, they cannot have hobbies that many people consider ordinary.
But at this moment, he couldn't care less about anything else; a deep breath softened the expression on his face.
He flicked his cigarette ash and glanced at Lin Qi. "Those trucks aren't worth much, but they're heavily loaded."
"Thirty-three trucks and forty-nine trailers, you need to provide at least sixty jobs, and these jobs cannot be canceled during the term."
He flicked his cigarette ash again. It's impossible for someone to take away several times or even dozens of times more goods at prices almost like cabbage without paying anything in return.
Heng Hui Group's assets in Sabine City were divided up, and those who took the spoils had to take responsibility for the resources they received, requiring the society to provide anywhere from a few hundred to a thousand jobs.
Moreover, these positions will only continue to increase, and will absolutely not decrease.
There's no such thing as a free lunch in this world. Even if they had a cooperative relationship with the mayor, they couldn't possibly acquire such a large sum of money out of thin air.
Ferral's point is simple: it's not hard to eat these things, but it's not easy to maintain them. There are sixty jobs related to Truck Driver, and each person's monthly salary is at least three hundred dollars, which is eighteen thousand dollars just in wages.
Those trucks might not seem very valuable, but the jobs they create bring Lin Qi over $200,000 in wages every year.
These wages are enough to support at least sixty families, and extend to the actual living conditions of approximately one hundred and twenty to one hundred and eighty families.
One year, two years, as long as the mayor stays, Lin Qi cannot reduce these jobs. If the economy does not improve, or if his operations run into problems, these jobs will become a burden that drags him down.
In fact, the same goes for other Grand Duke. After they embezzled these assets, some individuals would be unable to shoulder the heavy responsibility and would have no choice but to go bankrupt. But everyone was still desperately trying to keep going, gambling that the economy would improve before they went bankrupt.
Lin Qi lit a cigarette, took two puffs, and said, "I have my own way of doing things, you don't need to worry."
Ferral looked at Lin Qi carefully, and only after confirming that he was not lying did he realize that he was not just making a fuss because he was envious of other people's sudden wealth.
He tugged at Lin Qi's arm and led him through several small doors to the office behind the courthouse. Ferral, as a Attendant Official frequently accompanied the mayor to various events, was quite influential in the area.
He explained the situation, and the court naturally didn't make things difficult for him, accepting his explanation. In the end, they reached an agreement with Lin Qi after further discounting the already outrageously low price.
The reason is quite simple: after the auction failed, the court deemed the valuation too high and re-evaluated it reasonably. See, it sold immediately!
As for how to improve the "offline" operation, it's actually quite simple. Just add the auction information to the next Foreclosure Auction as a "telephone auction," and no one will find any reason to object.
After paying less than 50,000 yuan in auction fees, Lin Qi received the keys to the trucks and their ownership certificates. Seeing these cute little books, Lin Qi suddenly vaguely remembered something.
After chatting casually with Ferral for a while, Ferral left in a hurry. He's living a fulfilling life now... I hope so!
The notebooks in Lin Qi's hand soon appeared on Qiao Geliman's table, and the latter couldn't help but laugh and shake his head as he looked at them.
He examined them very carefully, not missing a single one. He had a very accurate judgment on the authenticity of these items, a judgment that stemmed from his work experience over the years.
As he came into contact with more and more certificates, receipts, property rights documents, and liability certificates, he gradually developed some ability to authenticate these things.
Especially for property and car ownership certificates, you can get a general idea of what they are the moment your fingers touch the pages.
"Thirty-three books..." Qiao Geliman glanced at Lin Qi, "And forty-nine more drawers!"
He rested his arms on the armrests of the chair and couldn't help but sigh. "This isn't a counter, Lin Qi. You can't keep coming here to withdraw money!"
Lin Qi's purpose was, unsurprisingly, to fully realize the value of these items. This time, it was no small amount; thirty-three vehicles, just a small fraction of the total. At 35,000 yuan per vehicle, the collateral value of the trucks alone exceeded one million yuan.
Including the forty-nine shipping containers, these items will cost approximately 1.6 million.
Lin Qi didn't care about the implication in Qiao Geliman's words. He just smiled and asked, "We're friends, right?"
As Qiao Geliman thought about the Thank You Letter Lin Qi had given him, and how this sensible young man had made him very successful in the system this year, with some even suggesting that he skip the branch office and directly take over as the bank manager in Sabine City, he couldn't refuse Lin Qi.
"It's too dangerous!" he muttered. "You took a lot of money from me. If something goes wrong..."
Gatnau Financial Company entrusted its assets to Dyson Asset Management Company full management, which then pledged them to banks in exchange for large amounts of cash. This created an endless cycle with funds constantly flowing in and out, involving approximately four million dollars.
In addition, Lin Qi himself had nearly 300,000 in collateral with the bank. He mortgaged all his belongings to the bank, and out of consideration for their friendship, Qiao Geliman gave him the highest possible valuation.
If you add in the things you have, his direct and indirect financial dealings with Lin Qi are about to exceed six million.
Any mistake at any stage could render the six million worthless. He was already feeling the pressure, and Lin Qi's ambitions were far greater than he had imagined.
But Lin Qi interrupted him directly, "These trucks will be contracted to Dyson, you don't need to worry."
Qiao Geliman raised an eyebrow, then frowned slightly. His mind immediately started working, and he stood up, walked to the door, closed it, and tightened the blinds.
After finishing all this, he returned to his desk and sat down. "You're not planning to pay me back?"
He had a reason for asking that question. He had originally thought that the assets were mortgaged to the bank in Lin Qi's personal name, which would make things difficult for him. The scale of the personal mortgage was so large that even if he could protect it with his current status, people would still complain.
Even some people who don't get along with him will stab him in the back.
This is like a Group Company with a market value of 100 million borrowing 10 million from a bank. No matter where the company intends to use the loan, the banking system will not be too wary of this transaction.
However, when someone takes out a loan of ten million in their own name, it is inevitable that some negative thoughts and emotions will arise, and the use of this money will be more strictly monitored, which may even attract the Investigation Team of the branch or headquarters.
This is why he was in a dilemma. Occasionally making a "mistake" in valuation can be seen as a normal minor error, but making a "mistake" every time is dereliction of duty.
He had initially thought Lin Qi was offering a personal pledge, but now it seemed he had no intention of doing so.
If Dyson Asset Management Company were to handle this, the value of these assets could be incorporated into Dyson's market capitalization. After conducting the necessary investigations, the bank would approve the loan, since behind these assets is a Dyson Asset Management Company with a market value of several million.
But Qiao Geliman felt that things were not so simple. He and Lin Qi both knew very well that Dyson Asset Management Company was just a shell company on the table. To date, it did not have a single employee. If the company suddenly declared bankruptcy, about six million dollars would become bad debts.
However, this messy debt will not affect Qiao Geliman. No one can predict this risk, and even if they could, it would be difficult to resist.
During this period, there have been rumors circulating within the banking system that Heng Hui was investigated and eventually went bankrupt, resulting in bad debts of up to 37 million yuan owed to the Big Six Banks. However, the Big Six Banks have not made much of a fuss, nor have they expressed any intention to recover the losses.
It's quite normal that those involved in these transactions weren't punished. Sometimes, even when banks know that certain projects might have problems, they still plunge in without hesitation.
It's not that the people at the Big Six Banks are stupid, but rather that they have their own plans and algorithms. Sometimes it may seem like they're losing money, but in reality they're making a profit. There are countless ways they can manipulate the market.
In Qiao Geliman's eyes, Lin Qi was a young man with many ideas, great courage, and a willingness to take risks. So his first thought was that Lin Qi didn't intend to repay the money. He would then let Dyson go bankrupt and liquidate the company, and after that, he could legally pocket the millions of dollars.
Lin Qi shook his head. "No, I don't have the habit of not paying back what I owe. I'm just making things easier for you. Besides, I don't care about this amount of money. I'm just short of funds right now."
With this million-plus in funding, plus the club's land, he will soon have around four million in cash, enough for him to establish his business layout in Sabine City and even throughout the state.
He was telling the truth. He didn't care about that little bit of money. Even if he really wanted to make some money, it wouldn't be now or in that place.
If we're going to do it, let's do it big!