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Money Likes Me Too - Chapter 46

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  2. Money Likes Me Too
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Only Noblemtl
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Episode 46.

Seongwonil, RM (Risk Management) Team Leader, had one big task.

‘There’s no such thing as a mole like this. Damn it.’

There was money that was owed to me.

The amount was a bit large. It was a problem that was brought up when the help was taken over. It was also something that everyone who needed to know already knew.

We’re talking about $26 million in receivables from the sale of Lycos.

To summarize, it is like this.

Help Global (formerly Help’s US subsidiary) has won a case against Indian telecommunications company Exalite. The case went to the International Court of Arbitration and the US Federal Court. The case was finally decided.

But I still couldn’t find a solution.

There was no way around it if the other party pretended not to know even after receiving the verdict.

In the meantime, Help was acquired by Cocoa.

The plaintiff in the lawsuit, Doom Global, was also split in half. It was merged into Cocoa Labs and Cocoa America (KAA). The money was not for Doom, but for Cocoa. Naturally, the responsibility was passed on to Sung Won-il.

He felt it as soon as he saw it.

‘Irretrievable.’

It was obvious that everyone would think that way.

Of course, it is a large amount. If you bring it up carelessly in an earnings announcement or something like that, it is the perfect material for being chewed out by strong shareholders who are good at reading financial statements.

It couldn’t be more fortunate that there is effectively only one shareholder.

“Is that really not recoverable?”

Lee Jong-seok, the shareholder’s representative, seemed to have a different opinion, however. Sung Won-il spoke as if he was complaining.

“If it was possible, I would have received help a long time ago. I am considering not receiving it, so I plan to write off the entire amount as a bad debt reserve within this year.”

“Even though I received the verdict?”

“Is that all we got? The International Court of Arbitration (ICA) also ruled in our favor. It is a complete victory without a doubt. It will be the same when we go to Singapore.”

Lee Jong-suk tilted his head.

“Then what the hell is the problem?”

The problem is that you have to open your stomach to receive it, Sungwonil answered and sighed deeply. For some reason, he felt like his hair was automatically turning white.

“I’ve even received a payment order from the court. Do you know what happens when they do that? The defense team resigns en masse. If there’s no defense attorney, the defendant can’t receive the order. They have to wait until they hire another one. They just don’t want to give money. If you can get it, try your best to get it.”

Lee Jong-suk nodded.

‘If it’s a problem like that, I know a veteran.’

I thought of Lee Kang-seok. There was only one problem. He didn’t know the Indian language. Why can’t people be global? I felt regretful that I should have taught him a long time ago.

Lee Jong-suk said.

“There is virtually no way.”

“Yes.”

In the end, I just confirmed that it didn’t work. That was a few days ago.

“good morning.”

“Team leader, I got an international registration. It’s from India.”

“India?”

For a moment, I wondered if it was India.

“I finished processing the application and placed it on the desk.”

He took his coffee and sat down, intending to take a good look at it. [From Exalite Finance and Legal Officer Shayyam Dranath Singh], and from there he had a hunch.

‘Are you saying you want to try and get hit with something for obstructing business?’

Do as you wish, he said, shrugging his shoulders and reading on.

? ······ Headquarters hereby informs you that it has unconditionally accepted the international arbitration and the judgment of the US federal court citing it regarding the amount of $26 million that must be paid to you, and has decided to transfer the entire amount of $28.22 million including interest and surcharges within the specified date below ······

‘What? Is today April Fool’s Day?’

I rubbed my eyes. The documents were still there.

“Manager Hwang.”

“Yes, team leader.”

“You can’t do this kind of trick. It’s well-made, though.”

Hearing the unexpected news, Manager Hwang looked at Seong Won-il with a bewildered expression. He suddenly came to his senses. This was not the time.

“No, sorry. I’m going out for a bit.”

His hands holding the documents were shaking. It was a trembling of joy.

***

At Sharon & M headquarters, distribution director Choi Jeong-hyeon arrived late for work that day as well.

“Is everything okay?”

“Yes, sir.”

I sat down. I did business (= wild party) late last night. I was tired.

If it were normal, I wouldn’t even go to work.

But he had original sin. He hadn’t been caught yet, but he had to protect himself. If he wanted to save his last remaining executive position, he couldn’t step on any unnecessary trouble.

‘It’s all because of that bastard Kang Si-hyeon.’

He had long since forgotten his own mistakes. Suddenly, he felt sick. It was because of the alcohol he had consumed yesterday. He pressed the call button.

He shouted at the incoming secretary.

“Hey, what kind of person are you?”

“yes?”

“Are you out of your mind or not? Your boss has a hangover. Are your eyes just decorations? Do you have to speak to him for him to understand?”

The secretary was new this time, as she changed frequently. She left in a hurry. Soon, she came back with a crystal glass filled with black liquid.

It was dawn 1004, not 808. This time I got it right.

“Do better next time.”

Satisfaction finally appeared on Choi Jeong-hyeon’s face.

“Yes, sir.”

According to company regulations, a managing director cannot have a secretary. But he was arrogant. Because of that, only the personnel department suffered.

“Sir, I have a schedule for today.”

“What’s the schedule!”

“There will be a VIP screening of the movie at the Gangnam branch premium theater. It will be at 11 AM.”

Hey, look at this guy. He’s getting hot again. Choi Jeong-hyeon snorted.

“Do I look like a leisurely person to you, hanging around in places like that? Huh?”

It was the moment when I was about to start a business.

“No, that’s not it. The name of the movie is . The managing director ordered me to report all schedules related to the movie without fail······. I’m sorry. I’m sorry.”

Those words brought me to my senses.

.

The movie isn’t important. If you follow the movie, one name comes out. Kang Si-hyeon. It’s the movie that that kid is investing in.

I have to go and see it.

“Hey, you little shit!”

“I’m sorry, I’m sorry.”

“Why are you telling me that now? Are you crazy?”

It was 10 o’clock. He erased from his memory the fact that he had arrived late for work. The third generation of a conglomerate has a small memory capacity. He put on the Armani suit that he had thrown away carelessly.

If you don’t want to be late, you have to run. That’s the principle of the food chain.

The private preview of has ended.

‘No, who told you to make it this good?’

The movie turned out better than I expected. The naval battle scene in particular was no joke. They told me to spend money, and they spent it properly. It was a spectacle that made my heart pound.

It’s good that I spent the money. It’s good, but the result is better. I feel a bit disappointed.

“CEO Kang Si-Hyeon.”

I was on my way out. I heard a voice calling me. It was director Jeong Hyeon-moon.

“Are you leaving already? The actors are gathered here and I want to say hello to them.”

“No, it’s okay. Thank you for your hard work.”

“What a struggle. Thanks to your generous investment, we were able to work comfortably to the point where it became a hot topic in Chungmuro. No wonder the media selected it as the top film where extras received the most money. It’s all thanks to you, CEO.”

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His speech became long.

“Yes, thank you for your hard work.”

As I was turning around to leave, I saw a tall guy running towards me from afar. The staff members followed him. He was a tall guy.

“Representative Kang!”

He came up to me without me noticing. The smell of perfume mixed with the smell of sweat stung my nose.

“What’s going on?”

“I’m Choi Jeong-hyeon, the distributor for Sharon & M. Don’t you remember me?”

“Well, who are you?”

The guy’s eyes widened even as he gasped for breath.

“Haha, last time in Cheongdam······.”

“Ah, that!”

I remembered.

“But what’s going on?”

“How could I not give my thanks to the head of the investment production company who entrusted us with the preview screening at our Sharon & M theater?”

“Oh, okay.”

I don’t know what he was trying to say. I just nodded.

“I already told CEO Song of Coco I&M in advance. I’ve decided to offer all of our Sharon Cinema multiplex theaters at a very special price for the movie , which will be released around Chuseok. I made sure to tell him.”

Special price?

This is a bit interesting. Even dog meat soup goes up in price if it is special. Even porridge is expensive if it is special. This is the same. It probably means that it is served at a high price.

I feel a little relieved.

“That’s a nice thing to hear.”

“Oh my, thank you. It’s something I should be doing.”

“That is true.”

“······I just checked. Other movie theaters, like Kino and JDV, have the same conditions as us. Don’t worry. We’ll treat you specially.”

It’s nice to hear that. Now, these guys are finally giving us some chaebol-like teachings.

“Thank you for your hard work.”

The public announcement came out.

“And by the way, I have one more thing to tell you······.”

That’s when Kotok came.

“Just a moment.”

“Oh, yes.”

I interrupted him and checked. It was a Kotok message from the US. But the content was a bit strange.

[Alan Davis] I will send you a gift you can’t refuse.

‘A gift? What the heck, all of a sudden.’

I wanted to reject it, even though I didn’t know what it was. Just as I was trying to calm my uneasy feelings, I got another KOKOK from a different place.

[Han Jang-soo] This is great, sir. I got the money back for my help. It looks like Google helped me. Did you hear that it was a small gift?

Choi Jeong-hyeon noticed my changed expression.

“Haha, you seem very busy, so I guess I’ll take my leave now······.”

It looks like he’s slowly backing down.

“Just a moment.”

“yes?”

“Didn’t the manager tell me earlier that it was a special price?”

“Oh, yes. That’s right, but what’s the problem?”

Choi Jeong-hyeon hesitated.

“You must keep that promise. Do you understand what I mean? You must.”

I can’t trust this guy or that guy. I got money that I absolutely couldn’t receive. I felt betrayed.

We must thoroughly get the promise. Lesson learned.

“Oh, of course.”

Choi Jeong-hyeon answered first. He couldn’t say what he wanted to say.

Choi Jeong-hyeon returned to the office.

‘What on earth do you mean? I must keep it.’

I couldn’t figure it out on my own. In the end, I quickly sent a KakaoTalk message to two members of the trio, Park Na-jin of Ticketbox and Lee Seo-ra of JD Entertainment.

I finished explaining.

[Park Na-jin] You idiot. What did you say to get that reaction?

[Lee Seo-ra] You’re not talking nonsense again, just like last time?

‘It was you last time, you idiot.’

But Choi Jeong-hyeon also didn’t trust himself. He might have made a mistake. He looked back on his actions.

Could it be that he already knew this? I muttered to myself.

Three theater companies colluded. After a trial period in 2014, they decided to differentiate ticket prices by audience seat location and time slot. It was a trick to increase sales. Of course, it was a separate matter from the trio.

A demonstration case was needed.

There, three people made a plan. They submitted the proposal to each company’s board of directors and received approval to apply it to as a pilot project.

There was a justification.

Since they were giving away theaters at a low price, they had to make up for the loss with ticket prices. Of course, they haven’t announced it to the public yet.

Of course, Kang Si-hyeon shouldn’t know either. That’s normal.

‘But how did you know that?’

Reflecting on the failure from last time, the three of them didn’t bring up the subject at all when they met. They only talked on the phone or through text messages.

‘Oh, that was the problem.’

By the way, I had forgotten who CocoaTalk was.

[Choi Jeong-hyeon] Hey, you guys, be quiet from now on. No. That’s enough.

Why? What happened? Are you crazy all of a sudden?

I pretended not to notice the text messages flying in. I closed the KakaoTalk app. Now I couldn’t even talk on KakaoTalk.

‘shit.’

His suspicions continued to deepen.

***

The PR team worked hard in 2014 as well.

[ Our daily life created by cocoa, ‘This is how it has changed’ – Part 1: Make morning calls, get breakfast delivered, and even trade used goods with Cocoa Talk! ]

[ 2014 New Year’s Plan, How Cocoa Came to Rule Our Daily Lives ]

“Representative!”

The door opened wide. It was Director Han Jang-soo.

“You seem to be in a good mood today.”

“Of course, sir.”

It was a bad debt that I thought I wouldn’t be able to recover even a single dollar of. It came back with an additional penalty. Director Han had been humming a tune for the past few days.

I was against it.

I have been feeling depressed ever since I got a call from Alan Davis at the preview of . I received money that I could not reasonably receive. Kurujima must have felt the same way, unable to do anything about one Admiral Yi Sun-sin ship with hundreds of ships.

‘I never thought I would come to empathize with a Japanese person in my lifetime.’

I received a call from Park Hyeong-do a while ago.

– Google has officially proposed a partnership. It is a proposal to establish a joint venture that combines Google’s research infrastructure and Cocoa’s deep learning algorithms with Alphamind’s technology. What should we do?

I would have felt better if it weren’t for the gift, since it was something I spent money on.

“Do whatever you want.”

– Then let’s proceed like this.

“yes.”

I was vaguely answering, but Park Hyeong-do’s last words left an impression on me.

– The first project is called Baduk. The project name is said to be ‘alphaduk’. Do you like it? Mr. Hassabis of Alphamind asked us to make sure that it is an important part.

It was another small gift.

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