Darkstone Code-Chapter 730 - 0728 Take a Gamble [This - sponsored by: Mr_Crow - Extra update 3/15]
While Lynch was out living a lavish life, they were distributing flyers on the street, searching for clients everywhere, and sometimes even had to sacrifice some dignity to maintain relationships with clients.
While Lynch was mingling with the upper class, they were busy checking low prices and historical selling prices of goods waiting for auction, examining their client audience to see if they could find anyone interested in these items.
While Lynch was enjoying a life of luxury in a transparent villa, they were running under the scorching sun through every street of the capital.
Why?
Why do you take away more than half of the hard-earned money we make?
Richard was the first to want to go solo; he thoroughly understood Lynch’s set of rules, selling trading seats, securing a minimum guarantee, ensuring he earned money steadily even if no goods were sold.
He shifted all the losses to the salespeople, ensuring he would never lose money, just make more or less.
But what about these people, who see losses every month? Their team constantly welcomed and bid farewell to some salespeople, with some even selling their homes to realize their dreams together, only to end up bankrupt.
This is a cruel set of game rules, and each one of them is fighting fiercely to advance, unable to fall behind, or they’ll be left behind forever.
Richard’s dissatisfaction with his earnings led him to start embezzling, making private deals, selling short, misappropriating company funds. He is a genius at work and also a genius at wrongdoing.
If it weren’t for Vera discovering discrepancies in the accounts on the capital’s side, and the work had stalled due to insufficient funds, it might have been impossible to discover such a leech.
Lynch found Richard and gave him a chance to leave the Federation forever, along with a rich reward.
But to Richard, this seemed more like an insult; he was easily kicked out of the Federation by Lynch, like a dog with its tail between its legs.
Panic, despair, helplessness, and a deep sense of humiliation.
After coming to the Federation, he used the theory Lynch gave him to quickly establish Yuanrong Financial Company and rapidly expanded in this somewhat shady society, soaking up vast amounts of funds like a growing, swelling monster!
Look at him now; he bought an office building in the Imperial Capital of the Empire for 2.25 million Fla, and spent nearly 200,000 Fla on his office decorations alone.
Everything is the best!
He wears clothes made by tailors serving the Imperial Family, boots made by the Imperial Family’s cobblers for him, and jewelry specially crafted by the Imperial Family’s jewelry maker!
He is wealthier and more powerful than ever!
He even felt that he was not inferior to Lynch anymore because Yuanrong was about to go public.
Leveraging Yuanrong Gold Certificates for rapid financing also attracted the eyes of nobles. He quickly chose to collaborate with a noble, and with their help, Yuanrong is about to be listed on Gafura’s largest Royal Exchange. 𝒻𝘳ℯℯ𝑤ℯ𝒷𝘯ℴ𝓋ℯ𝘭.𝑐ℴ𝑚
Once successfully listed, his fortune will soar above 30 million Fla, and he will become a miracle!
He doesn’t think he’s much worse than Lynch, and he even doubts if Lynch could accomplish what he now owns.
Until... he saw the newspaper.
In fact, for the current Richard, what he displays is more than just simple anger!
He is in fear!
A kind of fear of once again being dominated by Lynch emerged in his mind. Lynch could never leave him alone and would definitely contact him!
"Richard, this is the result of our hard work. No one can take it from us."
"No matter who that person is!"
"Even if it’s Lynch!"
Richard looked at his companions beside him; they exchanged glances for a moment. From the other’s eyes, he saw something he lacked, an attitude.
He then looked at those at the door, seeing the determination in each of their eyes.
He withdrew his gaze, exhaled a breath, and stood up, supporting himself on his knees, "I understand, even if he is Lynch!"
"Help me apologize to everyone, I’ve lost control of my emotions a bit. Now that you’re here, let’s have a meeting..."
Soon, the company’s order returned to normal. In the conference room, Richard looked at the core members around the conference table, letting his gaze linger on each person before moving on.
Every time, he would nod slightly, acknowledging his team, his future foundation for rising.
"How is our listing plan going?"
The company vice president sitting on the left became serious and knitted his brow slightly, "We are pushing it forward, no major problems. Our accounts look good, and the backing capital is sufficient, but... the finance department feels we are purely a financial product without guarantees..."
Buying Yuanrong Gold Certificates allows one to receive interest on schedule, break even in a year, and double in two years, with the dividends coming from exploration teams and gold mines worldwide.
However, the Financial Monitoring Office under the finance department overseeing the company’s listing believes Yuanrong does not fully qualify to be listed, firstly because they have no actual controlled mines within Gafura’s domestic territory.
Secondly, they can’t prove that the ownership of the gold mines they describe belongs to them, nor can they ensure the mines being excavated are rich in resources, even if they present some proof, it’s hard for the finance department to approve.
More importantly, the actual core business of Yuanrong Capital is the "Yuanrong Gold Certificate," and the right of interpretation lies entirely with Yuanrong Capital. When people buy Yuanrong Gold Certificates, they are not buying company shares. This model is appearing for the first time, and the financial department is reluctant to approve it immediately to avoid risks.
"Unless... we can present an actual product, it will make it easier for us to sway the connections."
The vice president finally summed it up, and Richard nodded noncommittally. He already had a plan in his mind, and then he looked at the first person on the right.
"When does the first batch mature?"
This question seemed out of nowhere, but everyone present knew exactly what he was asking.
The first batch refers to the first batch of Yuanrong Gold Certificates they issued.
Once the first batch of Yuanrong Gold Certificates matures, it means that the money from the clients for the first batch has been entirely returned.
They will only have the money from subsequent purchases of Yuanrong Gold Certificates left. From that day on, every passing cycle will start showing losses, and as time goes on, with more and more batches of certificates maturing, the amount of loss will become increasingly larger.
Until they can no longer afford to lose.
Originally, it was about time to flee, but somehow, under the instigation of the noble behind them, Richard suddenly wanted to take the company public.
If they fled now and everyone split the money, Richard could get around four or five million Fla. But if they could go public, this figure could possibly multiply several times!
Fleeing at that time would obviously be much more profitable than fleeing now.
He asked the maturity date to know how much time he still had, and if it really wasn’t enough time, he would abandon the plan to go public.
Though it might be a bit regrettable, with the experience they gained this time, they could replicate this scheme in other countries.
"A little over four months...," the confidant on the right responded.
"A little over four months, roughly...," Richard calculated the time, and it was still feasible.
He pointed with the pen in his hand towards a few people at the end on the left, "Immediately pack up and go overseas to acquire some gold mines. We don’t need a large reserve, even semi-abandoned mines will do."
"Get all the certificates back for me, see if the authorities can be persuaded to smooth things over, and try to make the certificates and documentation look good."
"Also, go to some major commercial cities, and acquire some shops in the best locations to sell gold products!"
"I want you to have Yuanrong Gold Store appear in people’s view within a month, holders of gold certificates can redeem gold from us at different discounts based on their holdings, do you understand my meaning?"
Some understood, while others, although they didn’t understand, always trusted Richard’s ability.
It was the same in the Federation; Wood, who relied solely on luck, attempted to compete with Richard, but ultimately, no one could surpass Richard. The teams he led were always sales champions!
Numerous facts have proven that Richard is a reliable and trustworthy individual.
The actions of Yuanrong Capital quickly alarmed the financial circles of Gafura. While people were puzzled about what kind of trick they were playing, Yuanrong Capital announced that their first batch of gold was about to land.
The company would gradually roll out its gold spot sales services nationwide across Gafura, and clients holding gold certificates could enjoy some degree of discounted prices.
This, to some extent, further stimulated those eager to enter the market.
Late at night, Richard, holding a wine glass, gazed over the bustling city rich with historical weight, feeling somewhat lost.
Half a month later, Lynch arrived at the Imperial Capital.
"We will hold the ennoblement ceremony on the second Wednesday of October, which is less than a week from now. By then, someone will come to remind you, Mr. Lynch."
A figure, looking like a butler with a wig, stood at the doorway and turned around to introduce the servants behind Lynch.
This was the service of the Empire Hotel suite; as a prospective noble of the Empire, Lynch had booked an entire floor of the upper section of the Empire Hotel.
The whole floor was Lynch’s accommodation, and for this purpose, the hotel had assembled a temporary professional management team.
The strangely accentuated yet ancient and elegant pronunciation of the common language inexplicably made these people seem very professional.
"Thank you for your service, Mr. Butler. Could you please find me some of the latest newspapers?"
"And help me fetch some clothes..."
Before returning, Lynch had already ordered several sets of noble clothing from some royal tailors through Jenia, including neckerchiefs and wigs.
Lynch didn’t like the rigid prejudices of the Gafura people and their unexplained arrogance, but sometimes had to respect their focus.
Before long, a maid came in with a stack of newspapers and placed them in front of Lynch.
Lynch casually picked up one and was immediately attracted by the headline—
"Yuanrong Capital’s Plan to Go Public Faces No More Obstacles"





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