Chapter 52: Chapter 52: Just Want to Live a Low-key Life
Translator: 549690339
Within just one day, the parent company of Garkin Media allocated several billions of dollars to save the company, and the situation did stabilize.
At this time, even more severe scandals about Garkin Media were brought to light.
In just two hours, Garkin Media’s stock price dropped to its lowest point.
Yigol Novak stopped his operations and withdrew all his floating capital. He checked his account balance and, although some lucky guys had made quite a profit, he himself had also earned a lot, nearly ten billion dollars in revenue.
Most of this money came from Garkin Media’s parent company and Garkin Media itself.
In the domestic stock market, there is a rule for price limits, both up and down. Once the limit is reached, no more trading is allowed for the day.
This is all to protect the interests of certain people.
Yigol Novak finally had some free time, and now it was up to Zachary Janell to take action.
If Zachary could figure out what was going on and call to resolve the issue, everything could be negotiable.
Otherwise, the only option left for Garkin Media would be a dead end.
The scandals Yigol held in his hands were enough to ensure Garkin Media would be crushed.
Of course, if they hadn’t been so arrogant in the first place, he wouldn’t have gone that far.
Yigol didn’t like to make a mess of things unnecessarily. While Zachary might not be worth pitying, Garkin Media was not solely owned by him, as there were many other people’s livelihoods and dreams at stake.
If he really ruined Garkin Media, it would not only be uninteresting to him, but it might also attract the attention of relevant departments. Yigol just wanted to live a low-key life.
Looking at celebrities and big bosses who always needed to bring bodyguards when going out and attracting attention, Yigol felt exhausted just thinking about it.
He just wanted to live an ordinary life as a couple with Suri Drew.
At this time, Garkin Media’s stock price had already hit the limit, and the investigation by relevant departments was almost complete. The shareholders of Garkin Media finally had a chance to catch their breath.
Though they had lost a lot of money, Garkin Media’s own strength was not weak, and they still had a powerful backup, so they wouldn’t collapse so quickly.
At this moment, all shareholders gathered in the conference room to discuss how to solve Garkin Media’s problem, and to find out what went wrong that led to this crisis.
With so many things happening all at once in a chain reaction, it was absolutely not a coincidence. Who had they offended?
Soon, Garkin Media found the mastermind behind it all – a rival company.
The rival company was quite sincere and openly admitted to their actions.
Next, Garkin Media engaged in various negotiations with the rival company. After all, both sides were in the same industry and knew each other well. Moreover, Garkin had grown to where it was now with a rival like them, so it was impossible that they hadn’t grasped any scandals on each other.
If the conflict between them hadn’t escalated to an irreconcilable level, neither side would resort to such harmful actions.
The events of this time deeply hurt Garkin Media.
After the negotiations with the rival company, all the shareholders turned their attention to the second-largest shareholder, Zachary Janell.
Zachary had an idea of what was going on at this point, but he still had too much pride to admit it.
“Well, Zachary Janell, I didn’t expect that the disaster Garkin Media encountered was caused by you.”
“Zachary Janell, you must give us an explanation.”
“Zachary Janell, do you know how much the company lost this time? The parent company is very angry now. Are you sure you can bear the consequences?”
“I wonder how you will explain this to everyone in the company…”
For a moment, all fingers were pointed at Zachary Janell, but the representatives of the parent company had not yet held him accountable.
Zachary was furious and had reached his limit. He had been enduring quite a lot.
He was very surprised that Yigol Novak, at such a young age, had such strong capabilities and was so ruthless in his actions, causing them to lose so much money in a single hit.
“Zachary Janell, who is this Yigol Novak?”
“Yes, Zachary Janell, who is he? How did you manage to offend him?”
“You’ve offended someone you shouldn’t have. Tell the truth.”
On normal days, no one would dare talk to Zachary Janell like that. But now, almost all the shareholders were accusing him.
As for Zachary’s status, it no longer existed in their hearts. He had become a public enemy, a target for everyone to denounce.
Everyone wanted to know who Yigol Novak was and why he had such powerful methods.
“I investigated Yigol Novak before. He’s just an ordinary person. He got lucky a few years ago when he picked up a cheap school district housing from Seaside Estate when they couldn’t sell their properties.”
“He has a few other properties, which are now rented out. In short, he’s just a small-time landlord, and the value of those properties is only about ten billion dollars. ”
“He doesn’t have much money, just more than ten billion dollars in the stock market. He’s good at playing the market, though. He told me to watch out for Garkin’s stock, but I didn’t take it seriously.”
“I felt like with the little money he had, even if he invested all of it, it wouldn’t affect us. Although our company hasn’t grown much yet, our true strength is undeniable, and he’s no match for us.”
“I never thought something like this would happen.”
After listening to Zachary’s words, everyone fell silent.
After a while, the CEO finally spoke, “What’s the result of the investigation into the stock market? Whose pocket did the swallowed money end up in?” Logically, the person who profited the most would be the instigator.
If that was the case, it would prove that the other party had come prepared.
Though there are people who might act on a whim, such cases would be quickly discovered by them, and they could regain control of the situation.
“It’s an individual investor named Yigol Novak,” someone said.
Upon hearing this, everyone in the room fell silent once again, and Zachary Janell’s face instantly turned extremely ugly.
“Zachary Janell, the upper-level company wants you to apologize to Yigol Novak,” the CEO said.
“I won’t go,” Zachary said angrily. “He’s just a little kid with some skill. There’s nothing to fear. With some more effort, this issue can be resolved. Once the company’s crisis is over, everything will be fine.”
“It is a bit tricky at the moment, but it’s not time to admit defeat yet. People have short memories, and after a while, everyone will forget about this incident. Are you trying to get rid of me by forcing me to face the upper-level company?” Zachary ignored the minor shareholders and directly targeted the CEO.
The CEO was not the largest shareholder, but someone sent by the parent company..