Meng Zhen smiled and said, "Yes, the contract states that we will remit one million. But if you look closely at the payment method and period, it doesn't say we will be paid one million in one lump sum. Instead, it says we will be remitted to the company account in batches and over a period of time."
"For example, after signing the contract, you're required to remit 10% of the company's funds, which is 100,000 yuan. But have you ever considered that after signing the contract, the other party becomes the company's majority shareholder, and then restructures the company according to the contract, replacing all management."
"When the money is transferred to the company's account, it will no longer be handled by us, but by the company's finance department. We won't be able to get the money at all."
"Also, once they become a major shareholder, they can simply delay the subsequent payments and simply put them on the books as accounts receivable. That would then be a bad debt that could never be collected.
It's like you have an IOU for a million, but as long as the other party doesn't pay it back, the IOU is just worthless."
yes!
Everyone immediately realized that the so-called one million investment funds would never reach them!
Fu Xiao sighed: "Oh my god, these capitalists are so good at cheating people, they are so black-hearted!"
"Aunt, this isn't the worst part. There's more to come." Meng Zhen pointed to the contract at the back. "Look at the terms here. After the other party becomes a shareholder, they can continue to attract investment."
"Look, if we accept the other party's investment, they will hold 65% of the shares and we will hold 35%. When the company continues to absorb new investments, our shares will be diluted."
"As we attract more investment, our stake may be diluted from 35% to 15%, then to 5%, and finally to below 1%. At that time, it would be the same as if we were kicked out of the company."
"The key is that these investment funds don't even need to be received. All you need to do is keep signing investment contracts. It's no different from making money out of nothing."
Ye Ning was so shocked that he couldn't speak.
The tricks of capital are so deep.
After all, Fu Xiao graduated from a business school, so she understood what Meng Zhen meant after just a little explanation.
I suddenly felt that the shopping mall was scarier than a cemetery.
Especially now that China's overall legal awareness and business concepts are relatively backward, this kind of pit is sure to fall into.
Many companies will definitely be fooled.
Just as a few people were lamenting the many traps of capitalism, Lu Zhengting called.
Ye Ning pressed the hands-free button and everyone gathered around the phone.
Lu Zhengting's deep voice rang out, "We've found out. This Zhuoni entered China from the capital a month ago. I had someone check on the passengers on that flight, and they found he had a companion named Ao Wei.
The two checked in at the Capital Diplomatic Hotel and shared a room, so they have a close relationship."
"This Ao Wei registered a clothing company in China, with her as the legal representative. This clothing company is the CM brand that entered China this year."
Ovi?
Meng Zhen and Liu Yuzhou exchanged a glance. Wasn't that the foreign businessman that Ye's Garment Factory had received last time?!
The American girl who was traveling with Jason, the head of the Ralph Lauren brand, and his son Andrew.
Later, Andrew harassed Meng Zhen and was sent to the National Security Bureau by Liu Yuzhou for a week, and the foreign orders were also cancelled.
When Ye Ning and Fu Xiao heard about the CM clothing brand, they were both shocked!
Isn’t that the foreign brand that took away most of Uniqlo’s market share?
It just entered China this year and is sought after by many customers for its lower prices and faster style changes!
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