Millionaire Son in Law Chapter 3636
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- Joseph’s men collected over two hundred billion RMB from the Wade family’s side branches.
- This collection represented only one-fifth of the total net assets of the side branches.
- The Wade family branches face a significant dilemma, needing to sell assets at a loss to cover remaining debts.
Just as Charlie was about to arrive at Waderest, a group of Joseph’s men had already taken more than two hundred billion RMB in cash from the hands of more than seven hundred Wade family’s side branches.
However, this was still only one-fifth of all the net assets of the Wade family’s side branches.
According to the statistics, the assets of all the Wade family branches combined were almost one trillion.
In this way, almost all of the Wade family’s side branches had taken out all of their cash, but still owed at least 30% of the personal assets to the Cataclysmic Front.
Just when these people didn’t know what to do with this remaining portion, Joseph had already received Charlie’s instructions and spoke,
“I see that you all still have a big gap in cash, how do you plan to pay this remaining portion next?”
The crowd was instantly silent.
No one dared to take him up on his words, because everyone knew that there was only one way left, and that was to sell assets to raise money to save their lives.
Selling assets is easy to say, but it is the most uneconomical way.
Because, if they go out with all the assets for sale, have to lower their own price, a big discount to be made to be able to quickly sell.