I'm a boss at Marvel

Chapter 129 We Lost After All

It has to be said that Obadiah is quite capable of managing the company.

He first briefly introduced Tony's capture, then praised the military for rescuing Tony, and then reported to shareholders the fluctuations in the secondary stock market affected by this incident.

"...Thankfully, Tony has returned safely, and our Stark Industries stock price has reached a new high as a result. Based on the current market value, everyone present is worth more than double what it was before. .”

Obadiah's speech triggered warm applause from major shareholders.

Obaday calmly pressed his palms and continued: "Of course, we at Stark Industries still face many severe challenges, so I sincerely hope that all departments, partners, and investors can work together with one heart and one mind. , continue to stick together.”

"As everyone knows, Tony was seriously injured this time and needs to recuperate. He proposed that his female secretary, Miss Pepper, serve as the interim president during this period. Then our next step is to treat Pepper Let’s vote on the proposal that Miss serve as interim president.”

"The vote will be based on the share capital held by each major shareholder. Because this meeting is an incomplete shareholders' meeting, many secondary market shareholders are absent, so as long as the number of votes exceeds 30%, it will be considered passed."

Obaday looked around and announced: "Okay, if there are no questions, let's start voting now."

"The military holds a total of 38% of the shares - abstaining from voting." The military representative first stood up to express his position.

The major shareholders present nodded slightly.

This is what everyone expected. The military only holds shares and rarely interferes with the company's internal operations.

Whether they vote for Pepper to be president or for Obama to be president, they will choose to abstain and hand over their rights to partners and investors.

In this way, the equity held by these major shareholders present becomes very important.

Greeley winked at a shareholder next to him.

The shareholder immediately stood up and said, "The channel dealer holds 5% of the equity - abstain!"

Immediately afterwards, another shareholder took over, "Material dealer, holds 3% of the equity - abstain!"

"4% equity - abstain!"

"2% equity - abstain!"

One after another, major shareholders stood up and they all abstained from voting!

Pepper frowned immediately.

If all major shareholders abstain from voting, it will be impossible to achieve the 30% approval vote!

This is clearly Greeley's deliberate mischief!

More than halfway through the voting, Pepper didn't get even a single yes vote.

Greely smiled sinisterly at Pepper and said: "How about it, Miss Pepper? Are you scared now? As long as I abstain from voting again, you basically have no hope of being elected as interim president. However, if you beg me , I might give you a chance."

Pepper had a cold and arrogant look on his face, "Stop dreaming, Greeley, I will not give in to you."

Greely laughed and said, "Okay, as expected of Pepper. Then just wait and lose! This is a legal voting process, and your pretty face bodyguard can't help you!"

With that said, Greeley stood up proudly, "I, Greeley, a partner of Stark Company, hold 9% of the shares - abstain!"

There was an uproar in the shareholders' meeting room.

You know, if Pepper wants to be elected as interim president, he must have 30% of the votes in favor.

Now, the major partners and shareholders have all abstained from voting.

In this way, even if investors and shareholders vote in favor, it will be difficult to turn the tide.

Obadiah, who was presiding over the meeting, frowned slightly and glared at Greeley.

This is a situation that Obadiah does not want to see.

Obadiah's original intention was to use Pepper as a puppet.

However, he now has complete control over the board of directors, so anyone can be the puppet.

Therefore, Obadiah just glared at Greely's behavior and did not stop him.

Greely suddenly became even more proud. He raised his eyebrows at Pepper, "Pepper, you lose. I said, I will let you and your pretty face bodyguard get out of the conference room."

The other partners and shareholders also snickered.

They had lost a lot of money in the duel gambling just now, so they naturally wished Han Long and Pepper bad luck.

Pepper snorted coldly at them, then turned to Han Long and said, "I'm sorry, Mr. Han, I let you down."

Han Long said calmly: "The meeting is not over yet."

At this time, Ruben cleared his throat and stood up, "On behalf of the 7% shares held by Yinshan Capital, I vote in favor."

The other major shareholders all looked at Ruben in astonishment.

Greeley sneered, "Ruben, why are you joining in the fun! The overall situation has been decided, and your 7% share is simply not enough!"

Ruben smiled coldly, "Grayley, are you trying to deprive our investors and shareholders of their voting rights?"

Basically, Stark's equity structure is divided into four parts. The first part is the partners, the second part is the investors, the third part is the military, and the fourth part is the secondary market of the stock market. Major shareholder.

Greely represents the majority shareholder of the partnership.

Ruben represents the major investor shareholder.

The partners, the majority shareholders, have a say in Stark Company.

The investor's majority shareholder's share is relatively small and it is almost difficult to have a say.

Greeley burst out laughing, "Ruben, what's wrong with you today? Do you have to find it yourself? Don't talk about you, even if the shares of all your investors and shareholders add up, it won't reach 30%! I Look, there’s no need for everyone to waste time, just announce the results directly!”

As soon as these words came out, the investors and major shareholders around Lu Ben immediately became furious.

"On behalf of the 5 percent shares held by Morgan Venture Capital, I vote in favor!"

“On behalf of the 3% shares held by Blackstone Venture Capital, I vote in favor!”

"I represent……"

Investors and major shareholders have expressed their opinions.

Greely sneered scornfully: "So what? I've already done the math. Your total shares are only 22%, which is still 8% short! Pepper, you can't be the interim president of Stark Industries. !”

Pepper smiled helplessly, "It seems that we lost after all."

Ruben couldn't help but sigh and bowed slightly to Han Long, "I'm sorry, Mr. Han, I tried my best."

Greely smiled grimly and said: "All shareholders have voted and the overall situation has been decided! Obadiah, please announce the results!"

"Wait a minute." Han Long stood up with an indifferent expression.

Greely yelled sternly: "Chinese trash! You are just a bodyguard! This is a shareholders' meeting, you have no right to speak!"

Han Long said coldly: "Who said I'm not a shareholder?"

Greely was stunned for a moment, then laughed arrogantly and said: "Haha, boy, how many shares do you buy from the stock market, and you dare to call yourself a shareholder? You must own 1% of the shares before you can stand here and speak!"

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