America: Starting with Daily Intelligence-Chapter 212 - 148: You Already Have a Way to Die_2

"I just don’t want too much hassle. Even with a United States passport, I’m still not an American, let alone a Wall Street elite," Allen Zhang had a clear self-identification.

Small-scale operations might be fine, but if you go big, prepare to be sheared like a sheep.

"I think we can implement a shareholding system, owning this waste recycling station as partners. Officially, Dominic will be the person in charge and the boss, but the biggest share of the profits will go to the silent shareholders," said Dave.

"Our business is just getting started. How much profit can one recycling station make? Most operations still follow the street model," Allen Zhang said. "But your suggestion does make a lot of sense."

Members of the Beggar Gang pick up cans for dividends, with no contracts between them; everything is based on verbal agreements. Those with the biggest fists make the rules.

But if we really grow and formalize things, we indeed need to implement a shareholding system on the surface.

Dominic signed the transfer agreement and gained actual ownership of the waste recycling station, while Allen Zhang transferred $45,000 to Old Karl.

Upon receiving the notification of funds, Old Karl was grinning from ear to ear, "Alright, kids, our business is settled. Pleasure doing business with you! Now I’m off to enjoy myself; you all handle the rest."

Before leaving, he didn’t forget to remind them, "There’s a shotgun and two boxes of ammo in the safe. It’s yours now. The code is 667964."

With that, he patted his bottom and walked off.

"I wish I could be as carefree as him," Dave said enviously.

"Then work hard. Save enough money, and one day you can open your own law firm, have others work for you, and make money just by sitting there," Allen Zhang said with a smile.

-45000.

Remaining balance: 89859.

Money really flies out the window.

Dave then took out a new contract from his briefcase for Allen Zhang and Dominic to sign.

Dominic becomes a small shareholder of Alfred Waste Recycling Station for the price of $1, officially in charge, holding 1% of the shares, with actual dividends from can earnings between 0-1%.

For $49,999, Allen Zhang holds 99% of the shares, becoming the major shareholder and decision-maker behind the scenes, with 99% of actual dividends from can earnings.

Anyway, the recycling station isn’t going public. There won’t be any other shareholders in the short term, so this legally binding shareholding contract is just an internal regulation. Given their relationship, it’s unlikely to be needed.

Although the contract allows the General Sect Leader to hog all the profits, as long as money is made, he would still hand out bonuses to reward you.

Have you ever been shortchanged by the General Sect Leader when it comes to dividends?

Allen Zhang is in charge of decision-making, Dominic implements, and the able ones will work more and undoubtedly get raises.

Having resolved the contract issue, Dominic began to familiarize himself with the business model and contacted people from Pike Recycling Company through his phonebook, informing them that the Alfred station on Eito Street had been transferred.

Upon hearing the news, the company quickly updated its records. As long as the recycling station remains operational and willing to continue fulfilling the existing contracts, they don’t care who the owner is.

The company only asked Dominic to accumulate enough cans before calling their transport workers, who would take care of the collection, offering a price of 6-8 cents per can.

It’s quite profitable! Otherwise, the government wouldn’t put those machines out there for nothing.

As for the other recycling stations, the news increased their sense of pressure.

Allen Zhang knew a bit about Mike’s Recycling Station—his truck was bought from their suburban car shop. The owner of Steam Recycling Station, Mani, was the one who proactively caused trouble, hiring the Irish and the Mod brothers to be the troublemakers.

But as everyone knew, Lori Louis 19’s Yellow Duck suddenly appeared and swept through the Fifth District’s cats and dogs’ turf.

The street can earnings were now mostly concentrated in the hands of the Beggar Gang, with most sold to recycling machines, and any surplus sold cheaply to Old Karl. The two recycling stations might not be completely destroyed, but their earnings surely declined.

But those stations also connected to community and Rich District resources, running side businesses, with street profits not being their main income. Recycling stations were just side gigs.

However, once the General Sect Leader got a hold of Sunkist Bar, it counted as a new base and side business, right?

Wouldn’t the Beggar Gang Disciples’ consumption at the bar count as extra income for the General Sect Leader? Isn’t a discount on drinks satisfying enough?

After midnight, the real action began.

"The tenant farmer working for others has finally turned over a new leaf and become his own landlord," Allen Zhang reflected.

No matter the earnings of others, with the recycling station, it felt like the Beggar Gang laborers finally stood up. It’s just that the resources and community connections are scarce, without yet reaching out to the Rich District.

Compared to Mike’s Recycling Station, which is based on second-hand car ventures, and Steam Recycling Station, which mainly operates community and Rich District businesses, including several other stations, their Alfred Waste Recycling Station’s foundations are indeed a bit too thin.

But fortunately, they virtually owned the street turf in Zone 5, with a steady can earnings. They wouldn’t fall too far behind in recycling work profits.