Marvel's Umbrella

Chapter 53 The situation is reversed
Tony, who was originally prepared to sit and watch Pepper tear Obadiah apart, suddenly heard someone say that his father was a thief. He immediately stood up and looked at Ivan intently.

"What did you say? Say it again if you dare!"

Although he hated that his father was busy with work every day when he was a child and rarely spent time with him, causing him to lack fatherly love, it does not mean that others can slander his father.

In his heart, Howard may not be a good father, but he is definitely a hero, a good scientist, and a good capitalist.

He created Stark Industries and invented many technologies, bringing countless benefits to mankind.

Such a great man should be loved by everyone, instead of being slandered as a thief.

It can be said that his father is his Achilles' heel.

Ivan saw Tony was furious, and he was not willing to be outdone.

"Your father is a thief! A robber!
They stole my father's research results, slandered my father for stealing technology, drove my father out of Stark Enterprises, and left him dying in bed!"

"You are talking nonsense! Your father is a thief! You are the son of a thief!"

"You fuxx are the thief!"

Seeing the two men climbing out of the table and about to fight, everyone rushed forward to hold them back.

"calm down!"

"Mr. Stark, don't be impulsive!"

"Mr. Vanke, this is the shareholders' meeting!"

"Everyone, get back to your seats!"

After some tug-of-war, the two finally calmed down and returned to their seats.

But the two of them still glared at each other, as if they were about to fight at the slightest disagreement.

Obadiah then said, “Well, you are not children anymore.

Now let’s start counting the shares in each of our hands.”

After some estimation, the situation was roughly the same as Pepper thought.

The shares they hold, together with those of the veterans and senior executives, account for 33% of the shares.

Obadiah and Umbrella, together with some of their top executives, own 24 percent of the shares.

With a nine-point equity gap, the initiative is now entirely on their side.

This brought a smile to Pepper's face again.

But after a while, Obadiah stood up with a confident smile on his face.

"Everyone, let me introduce a new shareholder to you, Mr. Sherlock, the general manager of Sherlock Fund."

"Clap clap clap..."

After he finished speaking, Obadiah led the applause, and the people on his side immediately followed suit.

The people on Pepper's side frowned.

"Sherlock Fund? I heard it's a fund company that's going to go bankrupt."

"Yes, last month, due to a failed investment, the bank said it was going to take it back."

"But I heard that Sherlock Fund received a large investment and bought a lot of Stark Enterprises shares."

"Well, we made a lot of money when the stock of our Stark Enterprises soared."

Obadiah nodded.

“It seems that everyone knows Sherlock Fund Company, so I don’t need to introduce it anymore.

According to the current shareholding ratio, Mr. Sherlock owns 10% of the shares. "

When they heard about the 10 percent stake, everyone present gasped.

You should know that the current share price of Stark Enterprises is around 180, and this is the price after issuing 500 million shares.

This means that Stark Enterprises' market value has reached approximately 2700 billion, making it one of the largest companies in the United States.

And this Sherlock actually owns 270% of the shares, which means he is worth about billion. He is also the second largest shareholder of Stark Enterprises.

Currently, Stark is still the largest shareholder, owning 26% of the shares. "How could he have so much money?"

"Yes, how could a fund company that was about to go bankrupt last month get so much money?"

"It must be fake. He has so much equity and we don't know anything about it?"

Sherlock smiled at the doubts from the crowd, then opened his briefcase and took out various equity documents.

"Our Sherlock Fund Company has actually been listed for a long time, but perhaps because so many things have happened recently, you may not have noticed it."

Indeed, the recent news about the mass graves in the Middle East, the mutants attempting to sabotage the United Nations summit, the zombie virus in Sakura Country, the occupation of the Gumira area by the Ten Rings Gang, and so on, have been constantly refreshing the major news media.

Therefore, news like Sherlock's listing could only occupy a small corner of the news section and was simply ignored.

Pepper looked at the equity registration information and various listing announcements in his hands, his face suddenly became gloomy, and his hands began to tremble slightly.

Tony, who was standing next to her, noticed her situation immediately and held her hand.

"Pepper, are you okay?"

Pepper looked at Tony, who was full of concern, and gave a smile that was uglier than crying.

"It's okay, let's look at the vote..."

At this moment, she knew in her heart that she was likely to lose the vote.

But she still had a last glimmer of hope, hoping that Sherlock would abstain from voting.

"Now that the respective votes have been counted, the first round of voting begins. Mr. Stark returns to the board."

The voting result was beyond doubt. Obadiah's side won with a narrow advantage of thirty-four to thirty-three, just one vote.

Tony missed the shareholders' meeting.

After getting this result, Tony slumped in his chair with a dazed look on his face, not knowing what to think.

But Pepper lowered her head, not daring to look at Tony.

She knew she had screwed up and betrayed Tony's trust.

She originally thought that the situation was certain to win, but now it seemed so ridiculous.

Ivan was also laughing heartily at this time.

"This is the retribution for being a robber! What you rob will be lost sooner or later!"

At this time, Tony no longer had the heart to pay attention to the other party, but stared at Sherlock.

"Who the hell are you? Why are you helping Obadiah!"

Sherlock lowered his head, not daring to look at Tony, and didn't even say a word.

In fact, only he himself knows his own suffering.

What 10% of Stark shares, what Sherlock Fund Company, are just a glove.

Umbrella Corporation is completely in control behind the scenes.

This is the charm of the United States as a capitalist country. As long as it is managed well, 50 million can leverage more than 20 billion.

However, this is also because Umbrella has funded many congressmen and cooperated with the military, so it has the confidence to do so.

If it were an ordinary person, he would have been eaten up by the China Securities Regulatory Commission and the capitalists long ago.

As the voting results came out, the faces of the people on Pepper's side turned pale.

Those company veterans are fine, at most they will be dismissed from their positions. Anyway, they can still live comfortably with the stocks in their hands.

But it’s different for those at the top.

The equity they hold comes from their positions. For example, the general manager can own 0.5% of the company's dividends and equity.

But if they lose their positions, then the equity and dividends will naturally have nothing to do with them.

So next, it was time for Obadiah to take revenge.

Thank you very much for the monthly ticket of Tingnei Guanhai, Xingchenhaihai, and Chiwenlong

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(End of this chapter)