Chapter 3636
The Charismatic Charlie Wade
"That's right.â Charlie sneered: "This time, to put it bluntly, I want to take advantage of the
opportunity to defeat the power of these vassal princes. In this way, their lives will be very sad in the
future, but our good days are just started!"
Just when Charlie was about to arrive at Yeling Mountain, all of Abbas's men had already taken
more than 200 billion yuan in cash from the hands of more than 700 branches of the Wade Family.
However, this is only one-fifth of all the net assets of the Wade Family's collateral branch.
According to statistics, the assets of all branches of the Wade Family add up to almost one trillion
yuan.
As a result, almost all branches of the Wade Family have already given out all their cash, but they
still owe at least 30% of Wanlongdian's personal assets.
Just when these people didn't know what to do with the remaining part, Abbas had received
Charlie's instructions and said, "I think you still have a big vacancy in cash. Next, you plan to How to
pay for the rest?â
Everyone was suddenly silent.
No one dared to say anything to him, because everyone knew that there was only one way left, and
that was to sell assets to raise money to save lives.
Selling assets is easy to say, but it is actually the least cost-effective method.
This is because, as long as all assets are sold, they have to lower their value and make a big discount
to be able to sell them quickly.
It may take a month for a property with a market value of 10 million to sell for 10 million, but if you
want to realize it in one day, you must at least reduce the price to 900, or even 8 million.
Assets will be discounted, but debts will not, so, in this way, their losses will be far more than 50% of
the original!
Moreover, selling assets is even more terrible, it will seriously damage their original income
structure.
Take Tianxiao as an example. He has a well-known building materials company in China. Most of the
building materials he produces are directly supplied to wade's real estate projects and production
bases across the country.
With the help and support of the Wade Family, this company now has annual sales of more than 10
billion yuan and net profit of more than one billion yuan. It can be said that it is a hen that can only
lay golden eggs.
However, if he is forced to sell, not only will the price of the asset sale be greatly reduced, but
Tianxiao himself will also completely lose this source of revenue, which is tantamount to killing
chickens and getting eggs.
The situation of other people is not bad, no one can come up with so much cash to compensate
Wanlongdian, and no one wants to sell their core assets at a low price.
Abbas collected the performance of these people, knowing in his heart that what they fear most is to force them to sell their assets
to collect enough compensation, so he said: "Don't say I won't leave you a way out. Now, what you owe All funds can be paid in
installments over a period of one to five years."
Everyone was relieved when they heard that they could be paid in installments.
Being able to pay in installments means that they don't need to sell their assets, they can use their assets to make money and pay
off their debts slowly, so that it won't hurt their muscles and bones.
But no one thought that Abbas immediately said: "However, the installment payment is not free! For each installment, you must
pay six thousandiths of the total amount as the service fee for the installment payment!â