Money Likes Me Too - Chapter 40



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Episode 40.

The 2 nights and 3 days workshop is over. We returned to Hwapyeong.

The reaction was hot.

‘Is this a trip or a workshop? Why does it feel like I’ve been on a trip?’

‘My mom always asked me at home. She asked why my face was so oily when I came home from work.’

“Have you made the second and third lists?”

Director Han Jang-soo asked as he sat down. He had a lot of work to do. His face looked tired.

“Yes, sir.”

Won Jin-ju answered.

“Are they all gone now?”

“Except for the twenty-two who received the cocoa money because they couldn’t find the time. They said they’ll go and come back later when they have time.”

“What the hell is this?”

“That’s what I’m saying. Who’s asking? Why isn’t there a charter plane when you go?”

One manager sighed.

“Ha, I told you I knew whose dog’s name was Jeonsei. I’ll give you money. Just tell them to go on their own.”

There were no events or representatives. It was just a workshop in name only, but now it was no different from a free trip. That’s why the employees liked it more.

“Oh, and the director.”

Won Jin-ju added.

“why?”

“I got a call from the help desk. He said he was Chief Ahn Chan-hyeok. He asked me to contact him.”

“Huh? Why are you helping me?”

I received the contact information that Won Jin-ju had given me. After a few rings, the voice on the other end rang out.

“Are you Chief Ahn Chan-hyeok? I am Han Jang-su of Cocoa.”

– Ah, Director Han!

It was a welcome voice.

– I should have called you again. I’m sorry. Thank you for calling.

“That’s fine, but what if…?”

– I don’t think this is something I should talk about over the phone. I’d like to come see you soon. When would be a good time for you?

The news he brought a few days later was astonishing.

‘It really happened.’

It was exactly one year ago when I was talking with Lee Jong-suk and Yoo Jae-hong in the CEO’s office about helping out.

The unbelievable became reality.

He slowly picked up his teacup. He needed a moment to calm his stomach.

“Okay, I understand, Chief.”

I took my lips off.

“As you know, I don’t think this is something I can talk about.”

“Of course. I understand.”

An Chan-hyeok nodded. He also just came to convey a message.

“I definitely understand your intention to help. I will report to the CEO and get back to you after organizing the information. It may not be soon. Thank you for your understanding in advance.”

I was also waiting for your call.

‘They said they’d contact me if they found a good building or land, but I still haven’t heard anything.’

I felt sad. A manager came in.

“We have received a call from help.”

“What? Help!”

Han Jang-soo made a heated expression at my hot reaction.

“I haven’t said anything yet.”

I felt a little embarrassed.

The story that Director Han told me wasn’t a real estate story. It was something more surprising than that.

It was a proposal for a merger of the two companies. The director added that he had already heard that they were organizing a task force to organize business areas that could create synergy.

The words may be complicated, but the content is simple.

Surrender.

But I read Chairman Lee Chung-jae’s deep meaning between the lines.

‘When I talked about real estate, you wanted to bundle it all together and give it to me. Why didn’t you say anything? The elders are different.’

It was a grateful thing.

“Are you listening to me?”

“Yes, that’s right.”

I came to my senses at the sound of Director Han’s voice. After finishing his explanation, he spoke for the last time.

“For now, we haven’t taken any action. This is entirely up to the CEO to decide.”

I sorted it out.

“Call CEO Lee Jong-seok and Chief Yoo Jae-hong. Director Han should come in as well. Let’s decide this issue by April at the latest.”

***

April 2013. Bitcoin rose to $250.

“This is kind of strong.”

It was a happening caused by the Cyprus situation. The profits have not been realized yet. The time is not right.

Meanwhile, the price quickly dropped to $100.

The important thing was that people’s interest in Bitcoin had grown. It soared nearly threefold in a short period of time. Lim Kyung-jun knew. It’s the same with stocks. The peak will come within a year at the latest.

I decided to wait and see what happened. I held my breath and sharpened my senses.

“Representative.”

I called Lee Jong-suk for nothing.

“why.”

“How much help have you collected?”

“It’s around 4.5% now. Why?”

“Don’t you need any more?”

Im Kyung-jun added after seeing Lee Jong-suk shaking his head.

“You said that you rejected the merger offer from the help and decided to go with self-acquisition. I thought it was more necessary.”

When I first brought up that story, there was resistance to help. There was also talk of a backdoor listing. But there was a variable.

First of all, Kang Si-hyeon, who did not want other shares to be mixed in with Cocoa Labs, unexpectedly stood firm. Lee Jong-suk also agreed. Even if the help went into the Cocoa subsidiary, it could have created synergy.

“Why do you ask when you already know everything?”

If you announce a large holding, it will send a signal to the market. The stock price that was stuck at 20,000 won will jump. That is not what you want right now.

“Should I do it the way I usually do it?”

“What kind of food were you eating?”

“It’s obvious. I’ll set up a few limited companies and secure 20% or 30%. But I won’t do that. I want to avoid creating any trouble for CEO Kang Si-Hyeon.”

“That person has been······.”

Lim Gyeong-jun held back from bringing up the story of Lee Kang-seok.

“What have you been up to?”

“It’s nothing.”

I already figured it out.

“But I still kept my distance until the end. The other person stepped on the gold first. If you step on the gold, you’re out. Isn’t that common sense?”

“Of course you would. I know that very well.”

That’s not wrong. The three chaebol friends and GH’s Lee Young-pil all tried to turn their backs on Kang Si-hyeon first, but they fell for his trick.

“So what are you going to do?”

It’s only 4.8%.

It was nonsensical to discuss the help control with a stake of less than 5%. That was Lim Kyung-jun’s point.

“The answer lies in the current shareholding structure.”

Lee Jong-suk answered.

“You have an answer?”

“Director Lim knows that too.”

“I know, right? But I still want to hear the CEO’s explanation.”

Lim Kyung-jun grinned. Lee Jong-suk smirked.

“Now, look.”

He snatched the mouse and put a graph on the screen. It was the help share structure. It was an investment report from Future Asset.

“Lee Chung-jae holds a total of 12.1%. Wow, he’s managing to keep his position as the largest shareholder.”

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This was Lim Kyung-jun’s impression.

“You have to look below that. Oracle 11.0%, BK 10.5%, Harrington 10.2%, KGI 8.4%, Pension Service 5.9%.”

“Something feels off.”

“You see that minority shareholders own 37.1%? Are you getting the idea now?”

“It seems like it’s coming slowly.”

He started talking nonsense again.

“Hey, you little brat.”

Lee Jong-suk also ended up laughing.

“Chairman Lee Chung-jae has already lost control. He may not even have control of the board of directors.”

“If I just declare the takeover, everyone will join me?”

“It goes without saying that the FIs who came for the money in the first place will turn away, and the board of directors will welcome it with open arms. Even special related parties may not be on the chairman’s side when money is involved. It goes without saying that the minority shareholders are also like that.”

They were both thinking the same thing.

Public offering.

The general investors who currently make up 37% are mostly those who came in at 30,000 to 40,000 won. There are also those who bought more than that. They lost their way out when the price dropped to 20,000 won. They will gladly come out if you give them a purchase price of around 30,000 won.

I thought I could eat at least 10% more.

“There is a problem.”

Lim Kyung-jun found one flaw in the rosy future.

“What’s the problem?”

“If we acquire it, the stock price will definitely go up, right?”

“Of course.”

“If there are such expectations, no one will sell. Will 30,000 won be enough? In the end, you will have to raise the purchase price from the beginning.”

Lee Jong-suk laughed at those words.

“Am I wrong?”

“No, that’s right.”

“But why? No matter how much I think about it, the answer seems to be 40,000 won, or more.”

‘If I only get 10% of 40,000 won, how much is that? It would easily exceed 200 billion won?’ This was when Lim Gyeong-jun was thinking like this.

“You don’t know our CEO very well.”

“I don’t know anything.”

“There’s no need to worry about that, since he’s the kind of person who would be okay with buying it for 50,000 or 60,000 won, not just 40,000 won.”

“······Do you really plan on going up to 50,000 won or 60,000 won?”

“Of course not.”

Lee Jong-suk made a fuss.

“But you know.”

Lim Kyung-jun suddenly changed the subject as if he had remembered something.

“Whatever the public offering price is. It could be 300 billion won, 400 billion won, not 200 billion won. What will you pay in? Cash? You’re not going to exchange it for Cocoa Labs stocks, are you?”

That can never be true, Lee Jong-suk thought to himself.

‘CEO Kang Si-Hyeon may give away money, but he is definitely not the type of person to hand over cocoa stocks to someone else.’

***

June 2013. It was already summer. Song Yu-hwa was watching the news.

[ CocoaTalk, expanding its business worldwide. Beyond overwhelming 1st place in domestic market share, 1st place in Southeast Asia and Taiwan as well······ ‘The only thing left for us is the portal business.’ ]

[ Finally, the PC version is also released, and CocoaTalk is taking off. ······ Also signed a partnership agreement with the American business messenger ‘Slack’. ]

‘There isn’t a single bad article.’

Her heart was always in Cocoa Labs. She felt proud for no reason.

I also looked into entertainment news, which is my current main occupation.

[ Back in Jeju Island, ‘Take off your voice and shout out your shirt!’ ······ Jeju National University Youth Festival, on-site coverage of the excitement. ]

‘Look at the picture.’

Did I really have to choose something like that? I should say something to the PR team. With this thought in mind, I quickly scrolled down.

A small article appeared.

[Power Hit Entertainment, new group Invincible Boys’ debut single released.]

The name was impressive. Suddenly, Song Yu-hwa’s heart ached. She had a strange premonition.

Diririring, diririring.

The phone rang. It was CEO Kang Si-Hyeon.

‘No. I don’t want to take it. I will never take it.’

I couldn’t figure out why. I had a strong feeling that Kang Si-hyeon would call me after seeing the same article as me. That feeling was never wrong.

***

Several months passed. It was early winter. The wind had already become cold.

Bitcoin, which had risen by more than $20 in August alone, eventually reached $200 in October. That’s double what it was at the beginning of the year. It was a crazy price.

Lim Kyung-jun’s heart raced. He had a feeling.

‘The time is coming soon.’

In mid-November, it hit $500.

One day in late November, the upper limit was fluctuating between 700 and 800 dollars. Lim Gyeong-jun had a gut feeling.

‘The day I decide will be D-Day.’

The target was $1,000. There was no direction from anyone. It was a unilateral decision.

It’s not like I had no thoughts at all.

I was planning to release 3 million at once. The price would inevitably plummet. I didn’t know how much it would be, but I was confident that if I started buying again at the reduced price, I could replenish 3 million within at least a month, or at the latest within a year.

Lee Jong-suk left work.

“I’m leaving work. See you tomorrow.”

The office was empty, as if it were made just for him.

He held the mouse as if praying. He had a box of energy drinks full of taurine and caffeine.

All preparations are complete.

‘Sell! Never sell again!’

Now there’s only one thing left to do.

Three o’clock in the morning.

‘I sold a third.’

He let out the breath he had been holding in one go. Empty cans were strewn around the keyboard. The price, which had soared to 1,200, had fallen well below 1,000.

The market was in chaos.

The overseas Bitcoin community was in chaos everywhere. They were ready to find any kid who was messing around and kill them.

I knew this would happen, so I spread out my purchases to the point where even ghosts would be surprised.

I bought them in Malta, Seychelles, and even Türkiye and Cyprus. I also took advice from developers who were known for their hard work and kept my identity completely hidden. The chances of being caught were close to zero.

‘I should have bought more.’

Lim Kyung-jun whetted his appetite.

This is not about Bitcoin. This is about energy drinks. The box is empty. Now, we have to hold on with only the remaining strength.

The next morning, Lee Jong-seok went to work and saw a zombie.

“Hey, Manager Lim.”

Lim Kyung-jun bounced like a spring.

“Yes, sir?”

“Did you stay up all night?”

“······There was something going on. Why did you leave early today?

“What’s going on? If anyone heard this, they would know it’s true.”

Lim Kyung-jun grumbled and picked at the boogers in his eyes. The screen saver was on. That was fortunate. He would tell me about it later anyway.

‘A total of 2 million BTC sold, realized profit of $1,834,551,134. It’s far from the target of $1,000, but isn’t this bad?’

Bitcoins that cost hundreds of billions of dollars have now become worth trillions of dollars.

‘Now we just have to set it back to 3 million.’

Bitcoin is now down to almost 500. It probably won’t go up any time soon. Just collect slowly.

There was one more corner of belief.

‘I learned it from CEO Lee Jong-seok. CEO Kang, who clearly saw the rising graph, would have ordered to sell everything before it went up any further. I carried out that order in advance. I did nothing wrong.’

That was the thought.

“Aren’t you going to get off work? You look like you’re going to die.”

Lee Jong-suk asked.

“There is still work to be done.”

“What on earth is going on?”

Lim Kyung-jun opened the Pangku app without saying a word. He ordered another box of energy drinks through missile delivery. Now it was time to start again. He planned to start buying slowly and little by little.

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