Chapter 666: Signing the Agreement!

Watching Reggie Green walk away, Li Yi fell deep in thought!

As expected, the Federal Reserve’s third round of interest rate hikes would begin in three days.

Following the Fed’s rate hike, international gold prices would plummet over the next few days, breaking through the $300 mark in just a short span and eventually settling around $275.

This price level marked the true bottom, and it would remain there for several years before recovering to around $300.

So Li Yi decided that as soon as the international gold price fell below $280, he would immediately close out his positions.

Now it all depends on what Reggie Green chooses to do!

If he follows my advice, there’s nothing more to say—he’ll certainly make an extra few billion dollars.

But if Reggie Green insists on his own way and wants to close out his positions immediately to cash out, Li Yi won’t stand in his way.

Although this would cost him a fortune, Li Yi believed it would teach Reggie Green a lesson, showing him just how severe the consequences of ignoring his advice could be.

Li Yi believes that after this painful lesson, Reggie Green will be much more cautious about his own decisions in the future.

In Li Yi’s view, this might be even more valuable and meaningful than making an extra few billion dollars.

This isn’t Li Yi being overly sentimental; rather, he knows that in the future, under Reggie Green’s leadership, the Green Brothers will overcome every obstacle and grow the company’s market value to $800 billion in less than 20 years.

Based on his shareholding percentage, by that time, Li Yi’s net worth from this single investment alone would exceed $260 billion.

Unfortunately, however, the company ultimately collapsed spectacularly in 2008.

All of this stemmed from Reggie Green’s own highly risky investment strategies. If this experience taught him some lessons, it might not necessarily be a bad thing for the company’s future development—it might even help prevent the company from going bankrupt.

For this very reason, Li Yi’s stance on the matter was clear: “I’ll only offer advice; as for the final decision, it’s entirely up to Reggie Green!”

With that in mind, Li Yi stopped dwelling on the matter and began planning his return home.

Calculating the time, he estimated it would take about another week to wrap up the operation.

Once the settlement is finalized, he’ll be heading back to Hong Kong Island!

However, before leaving, he had two things to take care of. The first was to pay Davis and the others the fees for the equity transfer.

He just wondered what kind of expressions Davis and the others would have when they found out that the money he was paying them came from the Green Brothers Company’s investment this time.

The second task was placing an order for the color television production line. After all, this concerned the future of the Yanjing Television Factory, so he couldn’t afford to be careless.

Therefore, before he left, he had to finalize the agreement with Corning.

After all, traveling from China to New York was such a hassle; he certainly didn’t want to make another trip.

……..

The next morning!

Li Yi had just gotten out of bed when he received a call from Reggie Green, who told him that Corning’s CEO, Pinos, was already on his way and was expected to arrive on Wall Street around 10:00 a.m. Reggie Green asked Li Yi to come to the company headquarters at that time to meet with Pinos.

After receiving Reggie Green’s call, Li Yi immediately had Li Yunbao and the others adjust their plans: they wouldn’t be going to the NASDAQ Stock Exchange today, but would instead head to the meeting with Corning’s representatives first.

After breakfast, the group left the Manhattan estate by car and headed straight for the headquarters of Green Brothers.

By the time they arrived at the company, it was already 9:00 a.m. Reggie Green was already there, holding a meeting with senior management in the conference room.

Li Yi didn’t interrupt them but instead led Li Yunbao and the others to his own office.

That’s right—his very own office!

Just three days after Li Yi signed the share transfer agreement with Davis and the others, Green Brothers held a shareholders’ meeting chaired by Reggie Green.

At the shareholders’ meeting, with Li Yi’s full support, Reggie Green was re-elected as the company’s chairman and continued to lead Green Brothers.

In return for Li Yi’s support, Reggie Green nominated him as an independent shareholder and vice chairman of the company.

Although he rarely came to the office or got involved in day-to-day operations, the company headquarters had specially prepared a luxurious office for him.

After spending a short while in the office, Li Yi saw Reggie Green walk in through the door!

“Li, I’m truly sorry—I was in a meeting just now and didn’t realize you were here!”

“No problem, go ahead with your work. Anyway, I mainly came here today to meet with the people from Corning!” Li Yi said with a smile.

Reggie Green nodded and said, “Li, we just reached a consensus on when to close the deal. We’ve decided to wait until after the Fed’s third rate hike before pulling out!”

Li Yi smiled and said, “Green, congratulations on making the right decision!”

Reggie Green shook his head and said, “Li, actually, you and I are cut from the same cloth. We’re both extremely adventurous; when it comes to investing, we’re used to maximizing profits, even when we know there’s a huge risk involved!”

“Green, I understand what you mean, but I don’t agree!”

Li Yi continued, “We do have a spirit of adventure, but we’re not gamblers!”

“Isn’t that so?”

“Of course not. Gambling is betting money on an uncertain outcome while hoping for the best. But betting after knowing the outcome—that’s called investing!” Li Yi said.

Reggie Green said thoughtfully, “So, you’ve already figured out the outcome of this gold short?”

“Pretty much,” Li Yi replied vaguely.

“Then at what price do you think it would be appropriate to close the position?” Reggie Green asked.

“I think somewhere between $270 and $300 would be about right. Anyway, just follow my lead whenever I’m ready to close the position!” Li Yi said.

Since Reggie Green was so cooperative, Li Yi didn’t mind giving them a hand.

“Alright…”

Just then, Reggie Green’s secretary came in to report that the people from Corning had arrived.

Upon hearing this, Reggie Green and Li Yi immediately stood up from their chairs and went out to greet them!

There were more than a dozen representatives from Corning. In addition to the company’s president, Pinos, senior executives including Vice President Bob and Marketing Manager Curry were all present.

This alone showed just how seriously Corning took this meeting.

It was understandable, though. Corning wasn’t the only company in the U.S. with color TV production technology—there were at least twenty, if not thirty, companies across the country that possessed it.

Most importantly, everyone’s technical capabilities were roughly on par; there was no generational gap whatsoever.

In other words, whether Li Yi purchased Corning’s production line and technology or those of another brand, there wasn’t much difference—it was clearly a buyer’s market at the moment.

But for Corning, whether Li Yi buys their production line or not makes a world of difference.

Therefore, the initiative in this transaction lies entirely in Li Yi’s hands.

That said, Li Yi didn’t press the issue too hard, as this wasn’t a one-time transaction—if this collaboration went smoothly, there might be more opportunities for cooperation in the future.

Consequently, after more than an hour of talks, the two sides finally reached a consensus on key issues, including price, transportation, installation, and production commissioning.

Immediately afterward, the lawyers from both sides began drafting the agreement!

After verifying that everything was in order, Li Yi and Pinos simultaneously signed their names on the cooperation agreement…

………