Chapter 399 The Ritter Motor Company Auction 2

Upon hearing Lothur's opening words, more than half the people in that place were surprised by what he had to offer. That was because the idea of an auction of a company's shares in this world was not common.

Some families even joined together on infrequent occasions to form joint ventures. But this usually involved two or three powers, and there was no chance of such an auction happening.

As such, those who had not yet had a chance to talk with Lothur were surprised by the unusual business model he wanted to propose to them.

"So we will have to buy slices of that company? Is that it?" The young master of the Christen family, sitting next to Lina and Amelie, asked.

"Yes. Anyone who wants to buy my vehicles in the future can do so from the Ritter Motor Company. So what I am proposing here is not the sale of vehicles in advance, but of part of that company." Lothur said.

One of the council members of the Formations Masters Association then questioned Lothur. "Has this company of yours already started the business? Where is it? What exactly are you selling us?"

Lothur looked at that old man, the person who had approved his entry into that association with the freedoms he wanted. "This company does not exist yet. I will create this company alongside my future partners, and then we will start to produce the vehicles together."

"What?"

"So this is how he wants to do business?"

"Tsk! Very clever indeed. He won't take any risks by doing that..."

The people in that hall began to comment to each other, speaking in low voices between their groups, making some people look at each other.

"This we already expected..." Hilda commented to her family, knowing that Lothur only followed business models like this.

The Morning Star Academy's principal was interested in how Daemon's son operated and was silent.

"Why would we do that?" A representative of one of the noble families invited to this occasion asked.

Lothur then looked at such a person and replied. "For the profits, of course. In a few moments, I will prove to you what my vehicle is capable of. After that, I want you to think about its value. The potential of my cars, and whether or not it would be good for your families to have a share in the profits of this company."

"But just to be clear, today I will sell only 49% of the Ritter Motor Company. After the partners approve the agreement, we will need a capital contribution to start operations."

"Capital contribution?" Jacob's father asked in doubt.

"Yes, what I am doing today is selling rights. But eventually, the company will need investments, and each partner will have to add amounts equivalent to their share of the company."

"For example, I will have 51% of the company. So if we need 50 million bronze coins for this business to start its operations, I will invest 25.5 million. Meanwhile, someone with 10% of the company will have to put in 5 million bronze coins."

"And so on." Lothur finished his explanation about this.

Patriarch Frost, who was hearing about Lothur's business model for the first time, then said. "Let me see if I understand. Even if I buy 10% of your company today, say for the value of 1 million bronze coins. Those coins have nothing to do with the company's investments. Just the 10% of it?"

"That's right." Lothur nodded to his father-in-law, removing the doubt from several people there.

"This is a deal he has no chance of losing..."

"That fellow is ingenious! No wonder!"

"But then again, that's not bad for us either. I mean, he will have the biggest share of the company. So his investments will be the biggest." Lina commented among her family members. "So if his business doesn't work out, he will also be the biggest loser."

Elisabeth listened to some of the comments in the area and became interested in her disciple's project. "Where is this prototype you talked about? I want to see what this 'car' is capable of."

The people there agreed with her and soon became silent again.

Lothur smiled at his poison art mistress and took a few steps to the side.

However, before he presented his prototype vehicle to these people, he noticed a strangeness in one of the employees of that establishment.

Because of his visual ability, Lothur easily identified the quasi-Bronze-grade formation around that man's neck, which clearly hid such a person's cultivation.

Lothur had already noticed that all the employees of this place were mortals. Thus, he stopped what he was doing upon noticing this strange individual who had just entered that area.

"Who are you?" Lothur asked in a solemn tone, surprising the people there who had not noticed anything and were waiting to see his car.

"Me? Sir, I work here." That man said in a shy tone, pretending to be a worker at this hippodrome.

"Lothur, what's the matter?" Viktoria stood up from her chair and asked her husband.

The silver-haired young man then picked up his Elemental Staff and said. "Reveal yourself now, or I will destroy your cultivation!"

"What? Destroy one's cultivation?"

"A cultivator? A penetrator?" The people there realized the problem but were unsure if Lothur was delusional or if that was really the case.

The academy principal was able to perceive the formation in the body of that man dressed as a waiter since he was a Transcendent. With that, he could not help but be impressed with the abilities of that student of his academy to perceive something so difficult to notice.

'It seems that Lothur has profound abilities... Could it be his Soul Bone?'

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That man dressed as a waiter took a step back, feeling slightly more nervous. But as someone at level 13, with years of experience as a spy, he did not flinch and tried to act.

"You must be getting confused, sir. I'm just doing my job."

"Tsk!"

"Don't complain later." Lothur ran toward that person, in the blink of an eye, appearing behind his back, surprising everyone with his speed.

"So fast?" Not only the Duke's spy but all the people there, including his wives, were shocked by Lothur's speed.

But it was not for nothing. With his current attributes, particularly the Constitution, the most important for speed, he could be compared to a Transcendent who was using only the power of their physique.

So, everyone was surprised at this demonstration of power by young Ritter!

'What happened? Why is he so fast?' Patriarch Frost and Becker, as well as the academy principal, wondered the same thing as they stood up.

Lothur was not only acting against a penetrator. He demonstrated his powers to potential allies to convince them to want something more than just business together.

So he acted firmly against that penetrator, giving a decisive blow to the back of the man's head with his staff.

After that, such a person fell unconscious on the ground, already with his cultivation damaged due to Lothur's merciless blow!

"Unbelievable!"

"I didn't think young Lothur had reached that level..."

"It seems that he has improved a lot recently."

"Yes, it's not for nothing that he is doing business with such relevant people..."

Some of the less relevant people there commented among themselves, while the stronger ones remained silent, reassessing Lothur.

After doing so, Lothur tied up that man and then used his spatial ring to summon the kart on that device, revealing such a thing to the people there for the first time.

...