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the fascinating son-in-law

Chapter 3635
by


Chapter 3635 - Three thousand six hundred and thirty five

Just as Chris was about to arrive at Arthurest, a group of Adam's men had already taken more than 2 hundred billion in cash from the hands of more than 7 hundred Arthur family's side branches.

However, this was still only 1-fifth of all the net assets of the Arthur family's side branches.

According to the statistics, the assets of all the Arthur family branches combined were almost 1 trillion.

In this way, almost all of the Arthur family's side branches had taken out all of their cash, but still owed at least 30 percent of the personal assets to the Catalytic Front.

Just when these people didn't know what to do with this remaining portion, Adam had already received Chris's instructions and spoke: "I see that you all still have a big gap in cash, how do you plan to pay this remaining portion next?"

The crowd was instantly silent.

no one dared to take him up on his words, because everyone knew that there was only 1 way left, and that was to sell assets to raise money to save their lives.

Selling assets is easy to say, but it is the most uneconomical way.

Because, if they go out with all the assets for sale, have to lower their own price, a big discount to be made to be able to quickly sell.

It may take a month to sell a property with a market value of $10 million at $10 million, but if you want to liquidate it in 1 day, you have to press the price to at least 9 hundred, or even 8 million to make it possible.

The assets will be discounted, but not the debt, so in this way, they will lose much more than the original 50 percent!

And also, what's even worse about selling assets is that it would seriously damage their original income structure.

Take Tyler Arthur, for example, he has a building materials enterprise that is very famous in the country.

And most of the various construction materials it produces are directly supplied to the Arthur family's real estate projects as well as production bases in the country.

This enterprise relies on the help and support of the Arthur family, now annual sales have exceeded 10 billion, net profit also is more than a billion, it can be said to be a hen laying golden eggs.

But now if forced to sell, then not only the price of the assets sold will be greatly reduced, Tyler himself will completely lose this source of revenue, this is tantamount to killing the chicken to get the eggs.

Everyone else's situation is not far off, no one can get that much cash to pay out to the Catalytic Front, and no one wants to sell their core assets at a low price.

Adam took in the performance of these people and knew in his heart that what they feared most was forcing them to sell their assets to make up for the compensation.

So he spoke, "You guys don't say I don't leave you alive, now, all the funds you owe can be paid in installments with a period of 1 to 5 years."

Once they heard that they could pay in installments, everyone breathed a huge sigh of relief.

The fact that they could pay in installments meant that they did not need to sell their assets and could use their assets to earn money to slowly pay off their debts so that it would not hurt their bones.

But no one expected that Adam followed up with, "However, the installments are not free of charge! For each installment, you must pay 6-thousand of the total amount as the service fee for the installment!"

Adam's words immediately caused a commotion among the more than 700 side members of the Arthur family!

To be continued...



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