American Comics: Angels Descend

Chapter 98

Although it seemed that he was questioning Aubade, he was actually pointing the finger at Tony Stark.

All of a sudden, the other shareholders looked at him with sharp eyes, mixed with anger and doubt.

Aubade's performance was very clever. He was stunned for a moment, then smiled bitterly and sat down.

It was really lifelike and vivid.

"I think you should calm down.

Pepper said carefully:"After all, Tony is also thinking about the company."

"Pepper, you have no right to speak here."

A shareholder said rudely, his eyes red with anxiety.

""Everyone is quiet."

Tony took a sip of his coffee and continued,"Today's board meeting is not to listen to your complaints or to accept your questions."

"I have something to announce now."

Tony glanced at everyone and said calmly,"In order to deal with Angel Technology's price reduction and dumping, I have decided to reduce the price of clean energy produced by Stark Industries by 41%"

"No way."

As soon as Aubade heard about the price cut, he was the first to stand up and object. He was no longer the good uncle he had been before, but said sternly,"Tony, 41% is too much. This is basically operating at a loss. There is no way to do business this way."

"That is, the price cannot be reduced."

"The price must not be lowered."

One by one, the shareholders loudly refuted, shouting with red faces.

"Tony, you shouldn't be the chairman of this board."

"You are not young, you are stupid."

"I suggest that Mr. Aubaday be made the chairman of Stark Group again."

The huge conference room looked like a vegetable market.

Tony's face remained unchanged. For a man like him, wealth was just a number.

Even if he suffered losses in the energy sector, his wealth would not shrink much.

He just wanted to fight with Lin Xuan.

Of course, this did not mean that Tony and Lin Xuan were enemies, and they even had a good relationship.

This kind of fight was more like the arrogance of a smart person.

Because Tony did not think he was worse than Lin Xuan.

"I am not discussing with you, I am just informing you. After all, as shareholders of Stark Group, you have the right to know the company's strategy that will be implemented."

He turned to Pepper and said,"Give them the documents."

Pepper stood up and gave each shareholder two documents, one about the strategic adjustment of Stark Group in the energy field.

The other was a share transfer agreement.

Many shareholders looked at each other, wondering what Tony Stark meant.

"If you do not agree to the price reduction, please sign the share transfer agreement, and I will buy back the shares at the highest price in Stark Industries' history."

Tony said lightly.

"Tony, please talk to him nicely, don't act on impulse."

Obadestanyi spoke hastily, trying to stop this from happening.

He originally wanted to use these shareholders to restrain Tony, and if Tony were to take back a large number of shares now, his ambition would only go further and further, and eventually become a bubble.

"Uncle Obaday, don't worry."

Tony shook his head:"I will buy it back at the highest price."

"Now it's your turn to make a decision."

He looked at the other shareholders.

This agreement was very tempting to the shareholders. Now the stock price of Stark Industries was falling every day, and they were losing a lot of wealth every day.

And judging from the current situation, this situation would probably not change at all.

Instead of dying with Stark Group, it would be better to sign this contract now, not only to protect the principal, but also to make a lot of money.

"Everyone should give Tony another chance."

Obadai said earnestly,"We are operating at a loss, and Angel Technology must also be operating at a loss, and they lose much more money every day than we do. As long as we persist for a period of time, Angel Technology will definitely be the first to fail."

"By then, as long as we have market share, we can make back the lost money immediately, and the stock price will rise all the way."

Obadai's words really made many small shareholders change their minds, but many shareholders still chose to sign the share transfer agreement.

Tony didn't waste any words and asked Pepper to transfer the money on the spot.

Roughly speaking, it was about 8% of the shares that were recovered. Of course, the price was not small, and it cost a full 1.8 billion US dollars.

After signing the contract, the shareholders walked out of the meeting room one after another. From now on, they had no relationship with Stark Industries.

"Is there anyone else who wants to sign?"

Tony asked.

The remaining shareholders looked at each other and finally chose to remain silent.

"Well, Pepper, prepare to hold a press conference at noon."

After that, Tony walked out of the conference room without any hesitation.

At noon, Tony announced a 41% price cut at the press conference.

The outside world was in an uproar.

Then Stark Industries' stock rose again, just like a roller coaster.

No one could predict what would happen next.

Lin Xuan, who was sunbathing in a suburban villa, couldn't help but laugh after hearing the news.

This Tony Stark is really stubborn.

"How has the market reacted?" he asked

"The social and market reactions were very strong. Since the price was 1% cheaper than ours, many marginal customers of Angel Technology were very tempted. In addition, with the public relations lobbying of the Stark Group, many customers turned to them."

But our core user base has not changed much," said Liz."

"Still very stable."

Those are old customers of Angel Technology, and they will not turn to Stark Group for a 1% price.

Because in addition to the energy field, the two parties have signed many additional cooperation terms.

Tony wants to dig these customers away from Lin Xuan, but it is almost impossible to do so with just a 1% price.

"Tony is such a stubborn guy."

Lin Xuan was speechless.

The last time he told Tony those data, he wanted him to give up. What a guy, he still insisted on lowering the price.

He would rather lose money than let Angel Technology make money.

"If he wants to play, we will play with him."

He said,"Keep lowering the price to 20% of the original price."

"Boss, this is not a good idea.