CHAPTER 1200: CHAPTER 168 THE PILGRIM’S SOUL (FINAL CHAPTER)_4

"I will try my best, I will not let you and Mr. Cheng down."

Lisa smiled and gestured in the air, pointing at him.

She was very satisfied with Eris’s wit, all the people Mr. Cheng found were truly impressive characters.

Even the seemingly weakest, Old Li, had fought his way up from the bottom to above the middle class, though not yet a tycoon.

The education Old Li received when he was young was perhaps more valuable than what ninety-nine percent of people in America received.

"Your security service company has great potential in the future, do it well."

With the conversation opened up, Eris understood what was going on, he hesitated for a moment, then gathered the courage to ask.

"You mentioned today, Chan is going to make big moves in the capital market, I didn’t quite understand it.

He’s already very rich now, why bother to list his companies, wouldn’t it be better to be like Koch?"

Koch Industries of the Koch brothers is the largest non-listed company globally, making huge profits.

"It’s different, Shanhaiguan went public through a shell company in HK, the whole process was quite bumpy.

West Coast Redemption Correction Company, Mr. Cheng plans to spin off West State Logistics through bankruptcy restructuring, then use a shell company to acquire the private prison license of United States Correction Company.

In the end, it is likely to cash out through the injection into the listed entity of United States Correction Company in the American capital market—the focus is on cashing out."

Lisa explained.

"As for Faraday Future and the security service company you’re responsible for, it’s a normal SPAC merger and listing, the purpose of listing is to raise money.

Both car manufacturing and developing the security industry are incredibly costly, we can’t spend our own money to make the shareholders’ wedding dress."

Eris listened and nodded continuously.

Yes, we, we’re good, we’re good.

Previously, because he lost his basic place and had relatively strong business abilities, Mr. Cheng placed him in the specific business execution layer.

Now that Gru seems to have thoughts of rebelling, Mr. Cheng promoted him again to handle more promising business.

In Mr. Cheng’s faction, Eris started to count as a notable figure, which is one of the reasons Lisa wanted to win him over.

After all, Lisa has genuinely mixed in the workplace and became the Emperor of Wage Earners through her strength.

Actually, she omitted one that she didn’t mention.

The small Korean online office startup company bought with little money, Mr. Cheng plans to list it after the pandemic hits.

That makes five listed companies, two cash cows, two cash black holes, and one waiting for future trends to follow.

Mr. Cheng initially worked on MCNs, which could be described as a hidden dragon in the field.

Later, he built New Era, supporting LCE and BEC, which suggested signs of soaring high.

Now, he withstood the backlash and the opponent’s attacks, thoroughly consolidating his position as the leader of the California Elephant Party.

Future operations in the capital market will continue to enhance his strength, solidifying his seat at the table.

"If all goes well, Chan’s nominal wealth value could possibly make one decisive advance into the world’s top one hundred."

Lisa’s words shocked Eris quite a bit, but after careful calculation, he found nothing wrong with it.

If Shanhaiguan’s market value can reach sixty billion dollars, Mr. Cheng’s net worth would be twenty billion dollars.

Faraday Future, with some market value management and smooth business development, can have a market value of at least a trillion dollars, Mr. Cheng’s equity might be around two hundred billion dollars — after financing and listing, the equity he has in Faraday Future will definitely become less and less.

The private prison company is the most complex, assuming a market value of eighty billion, Mr. Cheng would only have shares worth ten billion dollars or so — Mr. Cheng didn’t eat up the United States Correction Company alone.

Eris’s security service company is the key, Mr. Cheng will not give up much equity in this company, on the contrary, it might become the major part of his wealth map in the future.

"You are now the Chairman of the Board of Faraday Future, and later, a super rich person too."

Eris and Lisa were not that familiar, so his flattery seemed awkward, but Lisa didn’t mind much.

The attitude was in place, she appreciated Eris, this guy was much clearer than Gru.

As for whether Eris would follow Gru and rebel after his wings were fully grown, Lisa believed Mr. Cheng would handle it.

"The non-listed company part is also where our core competitiveness lies, Chan didn’t get to where he is today by relying just on money, that’s what I admire most about him."

Lisa sighed and lamented.

Eris and other ordinary people only see that Mr. Cheng has money, but they don’t understand the concept of Mr. Cheng’s wealth.

New Era, LCE, one is a non-profit organization, the other is nominally not owned by Mr. Cheng.

Yet these two are the most profitable, also helping Mr. Cheng achieve critical momentum.

New Era is strong in that tax relief brings huge arbitrage opportunities, as long as managed properly, it can show losses year after year but Mr. Cheng and Mi’er earn a lot.

LCE Cryptocurrency platform pioneered the way—the first to withstand the investigation by America’s Great Commander cryptocurrency company!

Mr. Cheng being among the world’s top 100 wealthiest is certainly different from that of Zhao Changpeng’s top 100, perhaps even more significant than Li Huanggua.

Li Huanggua only borrowed momentary momentum, Mr. Cheng intends to lay the foundation for eternity!

Different goals, different strategies, resulting in entirely incomparable outcomes.

What height is Mr. Cheng at now?

Just to deepen mutual trust with Niusen and promote their mutual interests’ entanglement, Mr. Cheng swallowed a formidable American listed company in a special industry whole.

During the entire process, California’s Attorney General took the lead, with congressional members sparring, and the bureaucratic system assisting.