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"Who have you heard of this American First Foundation?" At the beginning of the meeting, everyone was curious about the sudden emergence of this American First Foundation.

Especially as several large funds that are part of Wall Street, they said they had never even heard of this US-Priority Foundation. It seemed to appear suddenly, making people feel like a fake.

"Don't worry about this problem!" Qualcomm's chairman Irving Jacob saw that these people had been struggling for a long time and had not yet discussed the topic, and couldn't help but feel angry, "No matter who this foundation is, I like his name very much. The United States first proves that this is a very patriotic foundation. I am willing to believe in such a foundation. And gentlemen, no matter whether this foundation is true or false, as long as their money can be paid, isn't it enough?"

Yes! As long as the money can be paid, no matter what the hell is this American Priority Foundation!

The directors present quickly reached an agreement and then began the topic.

It is a series of questions such as whether to sell, how much to sell, and what price to sell.

"I think it can be sold!" As the chairman, Irving Jacob took the lead in expressing his opinion. "Now is the most critical moment for us, Qualcomm. Only when CDMA succeeds, the group can continue to go down, otherwise everything will collapse. But our funds are already seriously insufficient and we must be invested and supplemented by foreign capital!"

"So I suggest that the additional shares will be issued to the foundation to exchange for sufficient funds for the group's future development!" Irving Jacob expressed his opinion with a clear attitude.

Irving Jacob is the chairman and the founder of Qualcomm. In his eyes, there is nothing more important than Qualcomm's development. So he needs a lot of funds to support Qualcomm's development.

Moreover, Irving Jacob had 15% of Qualcomm shares at this time, which was the most shares among all Qualcomm shareholders. If he sold the stocks through additional issuance, Irving Jacob would always be able to maintain his share advantage, so Irving Jacob immediately agreed.

"Can!"

"We agree too!" Irving Jacob and several other scientists and shareholders who founded Qualcomm also agreed.

But the foundation had different opinions. Eugen Jackson, the representative of the CPC Investment Fund, stood up and said, "Everyone, we also think selling is a good idea, but why do we need to issue additional shares? If there is additional issuance, then we need to go through complicated approval procedures. When everything is done, the daylily will be cold!"

"So I suggest you just transfer part of the shares to this foundation. Wouldn't this be fast and convenient!" Eugen Jackson said.

"What is transfer? I think you just want to make money!" Irving Jacob was angry. "This investment can only be used in the development of the company. No one can think of taking money away!"

Of course, Irving Jacob would not be deceived by these fund companies. These fund companies undoubtedly saw that Qualcomm's development was in crisis and bottleneck, so they had the intention to retreat and leave, and exchanged Qualcomm's shares in their hands in time for cash.

So such an investment has no meaning to Qualcomm itself.

"We are investors, not philanthropists!" Eugen Jackson retorted, and the two sides were about to start arguing.

"Everyone, calm down!" At the critical moment, Masayoshi Son came out to smooth things over and said, "I know what you mean. He is also considering it for his own interests. There is no problem in this itself. Just let us all take what we need!"

"How do you get the method you need?" Several people looked at Masayoshi Son and asked with a frown.

"We can both issue additional shares and sell shares!" Sun Masayoshi said with a smile. "We can first discuss an additional issuance plan. We need to issue more shares and obtain how much funds to use for the company's operation. We will discuss all of them, and then negotiate with the other party to get the funds for the company's development."

"Next, we will decide to sell shares, but there is actually no need to discuss this. It is our own business for you to sell. Just set a unified sale price. What do you think?"

Masayoshi Son's words did take into account the interests of both parties, so they had a dispute just now and both parties nodded in agreement.

So, the decision to sell the shares was settled, and the next thing was to do was to sell them.

"I suggest that we can issue additional shares worth $50 million!" Irving Jacob said first.

Qualcomm's stock price is now around US$250 million.

The additional issuance of shares of 50 million US dollars is almost the same as the additional issuance of shares of about 20%.

For example, if the company's total shares were 10,000 shares, then 2,000 shares were issued and all of these shares were sold to the other party, and they could obtain an income of 20% of the total market value, which is 100 million US dollars.

In this way, all investors who have purchased stocks will shrink their equity by 20%.

"I have no objection!"

"Neither I!"

This plan was quickly approved by everyone. If Qualcomm can really get an investment of 100 million US dollars, then the entire Qualcomm will survive and can continue to support R&D for a long time. In addition, Qualcomm's stock price will also rise sharply under the circumstances of good news, and everyone has profits, which is indeed beautiful.

Next, we will discuss the situation of selling stocks.

According to Masayoshi Son's suggestion, all shareholders united to negotiate a unified price, so that everyone could save money from comparing prices and lose money.

"I suggest that if you want to sell shares, you should sell them at a premium of more than 50% based on the stock price at that time!" Masayoshi Son took the lead and said that the premium of 50%, which means that if the stock price in the stock market that day was US$100, then you should sell the shares at a price of US$150 per share.

50%? That's high!

Everyone looked at Masayoshi Son in disbelief. Now that Qualcomm is like this, who would be willing to acquire Qualcomm's shares at a premium of 50%?

"Don't worry, he will definitely buy it!" Son said confidently. "Since this foundation has sent an acquisition letter to all of us, it proves that he has a big appetite. Otherwise, just contact any of us privately, wouldn't we be able to buy a part of the shares? Why tell us all about this?"

"So I think that this American First Foundation, they may want to acquire no less than 30% of the shares. This requirement cannot satisfy him, so he will send an acquisition letter to everyone, hoping to acquire a large number of shares!" said Son Masayoshi.

"Then, he will definitely do whatever he wants to eat our shares!"

"30%! His appetite is so big!!" Irving Jacob's face changed drastically. He only had 15% of the shares. If there was a major shareholder with 30% of the shares, would he still be the chairman?

"Don't worry, as long as everyone is united, we will have 55% of the shares, and that foundation will not be able to hold shares! At the same time, we can also let him sign an agreement, and his shares will only be invested and will not interfere with the normal operation and development of the company!" Masayoshi Son's words comforted Irving Jacob a little, and finally the board of directors agreed happily.