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RE: Perverted Sugar Daddy System-Chapter 430: Scheme 9: Money Money
"Screaming Eagle Cabernet Sauvignon."
I repeated the word in my head several times, and my eyes narrowed as I focused.
"I should be able to remember it," I told myself unconvincingly.
The wine I had taken off Nicholas’ shelf turned out to be fantastic, the best wine I’ve ever had in my life.
I was a fan of cigars, but I wasn’t a smoker. Not that I had anything against smoking, but for pleasure when sex or a fight was not around the corner, I preferred to have a drink, not the bitter stuff that most people down, but something sweet and accompanied by that burning sensation.
Old people drank bitter and sweet liquids to cope with their misery, and I wasn’t one of them.
"Let me just write this down."
Taking out my phone, I texted the name of the drink to Martha and Annie.
Forgetting Carmine and Delie, I thought of the older woman wearing only thongs, stooping as she served me the wine.
"I need to get back home."
With Sophie as my sample, I had planned to swing through the state and have a taste of its fine flavour, but now I was getting homesick.
"I’m done, sir."
Takken’s words grabbed my attention, pulling my sight back to my surroundings.
The old man gulped as I stared at him; compared to before, he was looking a lot better.
His arms were no longer shaking, and he spoke with a calmer, steadier tone.
"Good." I turned to Nicholas, crossing my legs as the man leaned forward, locked his hands together, and sank into thought.
"So we’re now business partners," the man said after several seconds.
"Yes."
"I’m not sure I want to be in business with you. Convince me why I shouldn’t break away from the venture and walk away."
"No. No. No."
I dropped my glass with my left hand while waving my right index finger.
"You don’t get to say that, that’s my line.
Right under your nose, you allowed these two run loose and set fire to what you term your kingdom.
Your inability to keep an eye on the goings-on within your house questions your capability.
If there is anyone who should be walking away from this venture, it’s me."
Takken and Schonfield grimaced, both of them uncomfortable with my words, but what could they do? I was literally the lifeline holding their bloodline up.
"Then walk away," Nicholas dared.
"Nope.
While the oil fields are a bonus, I still want you to hedge your funds under me."
At my words, the businessman’s head snapped upward, his eyes locking into mine.
"You’ve stepped into my house and taken a room for yourself, now you want to own all that is in it."
"Ahhh Nicholas, I think you’re making a mistake here. This is no longer your house, it’s my house," I waved my index finger slowly.
"It seems you’ve failed to read the agreement of our merger, the agreements of control among our three companies."
"You might have gained control of their two companies, making them your subsidiaries, but in this venture, I control 57% of its voting shares," Nicholas spat.
"How could you guys give him so much power?" I looked at the two older men, their faces tightening.
"You’re right, Nicholas you control 57% of the voting rights. But you seem to be forgetting that there is a condition for you to maintain that percentage.
Your voting power is determined by your level of investment."
"So you’re saying that you want to invest more in the venture?" The old man grinned.
"Yes. I’m going to buy off much of your voting shares."
"You’ll have to wait till the end of the year then.
"No, I want them now."
If you’ve read through the terms of the venture, you’ll know that the allocation of voting shares was done at the beginning of this year and can only be revisited at the end of it."
"True, but as clumsy as they both are, you should know they’re businessmen," I waved at the two men sitting opposite me.
"No way they’ll go behind your back and not hatch a plan to usurp your control over the venture."
Nicholas frowned, realising that he might have missed something, and I informed him with cutting kindness:
"The terms for this fiscal year state that voting shares can only be changed at the end of the year, but it also allows for transfers within if the buyer is willing to pay a cost of 200 million dollars to the bereaved seller."
"So you’re going to pay me 200 million dollars just like that?"
"Yes."
For the venture made up of the three companies, SAWOIL, Takken Limited, and GOLG, whoever had the most money had the biggest fist.
When it came to the buying of voting shares, whoever invested the most money got them.
There wasn’t much space for politics, just who had the most money. A situation that clearly favoured Nicholas.
"How much shares do you want to claim?"
"I have 43% now, 37% more should be enough."
"You’re crazy!!" 𝒇𝒓𝒆𝒆𝙬𝒆𝒃𝓷𝒐𝓿𝙚𝙡.𝒄𝓸𝒎
I had finally gotten under Nicholas’ skin.
He slammed his palms on the table and stood up, looking down at me with a fierce expression.
"Why are you pissed off? You should be happy.
This means more money for the venture, for all of us."
Going by words, it sounded like what I was doing was a good thing, and on paper it was, until you were in Nicholas’ shoes.
As much money and influence as he had in the venture, Nicholas hadn’t gotten to owning 57% of it in a single instance. The man had ground and toiled for it.
While Takken and Schonfield deferred to Nicholas, it had to be remembered that their companies were each separate entities, they were majority shareholders, but not the only holders.
There were other elements in the company; if Nicholas wanted all of them under his heel, he had to earn it.
Millions spent over the past years to buy his way to absolute hegemony in the venture, only for me to swing by and take it all away.
Sure, his company would also benefit from the new influx of cash, but its goals would no longer be his desires.
The influence he had accumulated across the country would wane and crumble without his base of power.







