The Workers' Enthusiasm

Jack returned home, and Mo Fei's call came through. Now that Jack and Roy had done what they were supposed to, Mo Fei had to give them a little incentive. It was an exchange, and also something Mo Fei needed.

"Jack, good job. Now tell me your specific thoughts about the factory!" Mo Fei got straight to the point.

"It's like this, Jerry is gone now, and we didn't divide the shares when we originally set up the company. I want to give his share directly to you, and you help us continue to accumulate funds. Then, we'll buy back our original factory, upgrade some equipment and technology, and recall those workers. They just need some training, as they are all skilled workers," Jack said directly.

"Hmm, that's a good idea. You and Roy are very familiar with the factory, but you don't know how to operate it!" Mo Fei pointed out their weakness.

"Of course, I've thought of that. But the factory originally had a manager and sales staff who are also unemployed. Some of them have found jobs, but some haven't. We can gather them back, and we can also contact our past clients. We can renovate the factory while producing, so we can do both."

"Alright, you can start now. You stay at home. When I use the account, I'll operate it on your daughter's computer. When the time comes, just say you did it. Also, you should study more about this field. Learn simple buying and selling."

"Understood. I'll have Roy gather the original workers and contact the bank to see how much it will cost to buy it," Jack said excitedly.

"Let's do it!"

The next day, Roy arranged his wife at the hospital in the morning and then headed directly to a pub near the factory. This was their usual drinking spot. As soon as he entered, he saw a few former colleagues. "Hey, it's good that you're all here. Do me a favor and gather everyone who hasn't found a job. Jack and I are planning to buy the factory."

"Are you serious, Roy?" someone asked.

"Of course. We don't want to go through that again, so we're taking over the factory. First, call back the original management. I need them to help organize the documents and negotiate with the bank to see how much funding is needed," Roy said seriously.

"That's great, Roy. You and Jack haven't forgotten about us. We'll make the calls now!" The colleagues in the bar looked at the phone numbers they had and then split up to make contact. The first was one of the factory's assistant managers. He hadn't found a job yet because of his age; he was already fifty-seven, and it was hard to find someone to hire him.

Upon receiving the call, he immediately drove over. "Roy, is what you're saying true?"

"Of course. Old John, you were an assistant manager. I think you know this factory better than we do. It still has potential. After all, the US still needs to import steel wheel hubs every year. Why can't we develop it again?" Roy said directly.

"You're right. Many orders were rejected because the profit was too low without upgrading the equipment. Foreign investors gave up due to policy, but we can do it. However, we need technology and new equipment."

"I know. Jack is busy with that. Now I need the former sales, finance, and so on. We were just workers before. We can hire lawyers to negotiate with the bank, but you need to prepare the documents. Old John, let's get to work!"

"Understood, future boss. Leave this to me. How could those bank vampires understand the factory better than we do?" Old John said happily and immediately started making calls, as he had more phone numbers.

Roy booked out the pub for the day; only their people were allowed in, and drinks were free. Many hands make light work. All the people who hadn't found jobs were gathered back. After three months of hardship, they finally saw hope. The number of people exceeded two hundred. The pub was almost full, with people standing everywhere, as there was no place to sit. Many people were holding beer bottles and standing at the entrance, making the surrounding patrol officers very nervous.

However, nothing happened. These workers were actively discussing the factory's situation. Then, Roy's lawyer arrived. Together with Old John and other former administrative staff, they continuously analyzed the factory's value and devalued it to almost nothing.

As for the condition of the skilled workers, it was completely ignored. These workers hated that bank. Now that they were buying the factory themselves, they naturally wouldn't listen to the bank's arrangements anymore.

Moreover, Roy stated that after the factory was bought, they would sue the bank. His lawyer stated on the spot that although it might take a while, they would win, and the bank's compensation would not be reduced by a single cent. Furthermore, they would have to compensate the workers for the time lost.

Jack stayed at home, listening to Roy's progress over the phone. His daughter's computer was always on, and Mo Fei took over the operations. Buying and selling happened non-stop. It was simple high-buy-low-sell operations, but the accuracy was incomprehensible. Mo Fei used his means of monitoring the entire Wall Street, operating with over three million US dollars in funds. This was much better than the initial ten thousand capital.

The financial market has always been about capital being king. With sufficient capital, one could even trigger a financial storm. Mo Fei was becoming more and more proficient, not as cautious as before, showing a more aggressive approach.

However, for now, their little capital had not attracted anyone's attention. After all, operations involving a few million dollars were small money on Wall Street. As Mo Fei operated, the funds began to roll significantly. Jack watched in disbelief.

Over the next three days, led by Old John, the documents were prepared. Then, Roy, Old John, and the lawyer, forming a negotiation team, went to Bear Stearns Wall Street Bank. The bank had resumed operations, but it seemed deserted.

The manager had been replaced, as the previous one was also under suspicion and was at home waiting for the case to be resolved. However, his career was in ruins.

"We want to see your manager to discuss the acquisition of that wheel hub manufacturing plant," the lawyer directly initiated the negotiation. The manager hurried over upon hearing the news. He was unwilling to take over this branch, but there was no other way unless he resigned.

"Welcome, welcome. May I know the names of the three gentlemen?" the manager asked with a smile. Finally, there was business.

"We are here to..." the lawyer began, explaining the situation. "May we start negotiations now?"

"Of course. Although the equipment at that factory..."

"Wait..." Old John interrupted the manager's introduction. "I am the former assistant manager of this factory. This is our boss, who was originally a worker at this factory." His introduction was a bit confusing. The worker became the boss, and the assistant manager was now working for the worker? "We understand this factory better than you do, including the land. We are offering twelve million US dollars. This price is more than reasonable. If you agree, we can sign today!"

"What, twelve million US dollars? No, no, no, that's too little. The land alone is worth that much, and there are many skilled workers. You can start production immediately after purchasing it. I believe you know this better than I do," the manager said. He didn't know much, but he habitually started haggling.

"We understand better than you. We are fully aware of the condition of the equipment. You don't need to worry about the skilled workers; they have already agreed to work for us. As for the equipment, we will have to spend money to clean it. If the bank wants it, they can take it all; we don't need it," Roy said directly, in a very assertive manner.