Hundred Times Income Multiplier System

Chapter 67 Successfully Acquired

?Jack didn't wait for the driver to park the car in the specified parking lot area of the restaurant. Instead, since he was here for a deal, he decided to bid goodbye to this driver that have brought him here.

After entering the restaurant, Jack was welcomed by a beautiful waitress.

"Hello sir, do you have any reservations?" The lady asked.

"Not really but I'm supposed to meet with someone in private room number 5." Jack replied.

When the lady heard Jack's words, he was stunned for a moment before she smiled brightly at Jack and welcomed him. "You must be Mr Jack, Mr Edwin told me to take you there the moment that you arrive." The lady said.

According to the agreement with Edwin, they were going to meet in the private room number five. Not only were the services for those who occupied private rooms good, but they also had some privacy when discussing business matters.

The waitress led the way to the private room number 5 that was located on the second floor. Jack could see how magnificent the restaurant was just from the luxurious decorations of the restaurant.

Not long after, they arrived in front of the private room. The lady knocked the door before opening it then ushered Jack in. Jack didn't stand in ceremony and entered the room.

The private room was quite spacious as compared to the floor where the general diners took their meals. Inside the spacious room, there was a man who seemed to be in his late 40s. He was seated there with some documents that he was going through.

As soon as the door was opened, he looked up and faced the door. Upon seeing Jack who was following behind the waitress, Edwin's brows raised a little bit. Even though Jack's voice was young, he had not expected that Jack was this young.

Although he was quite suspicious about Jack's abilities, he still stood up to welcome him. After all, they were going to carry out a business transaction, and it would be rude if he treated the other party as a junior, and not as an equal.

So, Edward stretched his hand for a hand shake as he said with a smile, "Welcome Mr Jack. I hope the journey wasn't so harsh on you."

Jack revealed his usual shallow smile as he replied, "Not at all Mr Edwin. I hope you haven't waited for so long."

"Not at all, I arrived about five minutes ago." Edwin shook his head as he replied. He then motioned for Jack to have a seat.

The moment that the two sat down, the waitress left the room so that she could prepare the meal that Edwin had already ordered. He was the host here and as a result, he had to treat Jack to a meal.

As the two chatted with each other, the food was served. The food was made from high-quality ingredients. From the way that Jack could see, the level of this restaurant was not below Glaze Hotel.

In fact, it was a top-notch higher as compared to the branch that the Glaze Hotel had opened in Inchoate city. The only branch is that could compared to the level of this restaurant were those that had been set up in bigger cities.

Since Jack was already hungry, he stuffed himself till he was full. He didn't care about Edwin who was looking at him weirdly. He was hungry, what was there to talk about when there was food in front of him?

Even he himself was surprised by his own appetite, as he hadn't expected that such a huge amount of food could enter his stomach.

It took him about 20 minutes to have his fill. It was only then that he began discussing the issue about the company transfer with Edwin.

Although Edwin was quite stunned by Jack's behaviour, he didn't say anything considering that Jack had just gotten here from the far end of the Western province.

"So are you sure about taking over the company?" Edwin asked to confirm again.

"Just name the price. I have already done my research about the company I'm impressed with it. So, I am going to acquire it." Jack replied nonchalantly.

When Edwin had his words, his heart buzzed with excitement. He wanted to sell this company off so that he could get enough capital to venture into another industry.

According to his previous estimations, it would have taken a period of at least three months for him to get a buyer as well as come to an agreement about the price at which he was going to sell the company.

But now, Jack had clearly stated that he was going to take over the company no matter what price it was. But of course, the range of the price of a company had to be within a reasonable range.

After all, although his company was worth at least 2 billion dollars, there was no way that a person could buy it at a price of 10 billion dollars. This person could as well start another one that would be bigger than the one that he was selling.

At this moment, he realized that Haman had done him a favour by recommending his company to Jack. He decided that he would pay back this favor to Haman when given an opportunity.

"Since you already are determined to acquire the company, I will offer you the company at the price of 4 billion dollars. This will include all the assets plus the contracts that have already been signed by the company. Of course the buildings are amongst the assets that are being offered." Edwin stated enthusiastically.

Jack nodded. This price was quite reasonable considering that the company already has a good reputation. With the reputation plus his own funds, it would not be long before the company reached higher levels.

"Do I do the transfer right now after signing the contract or are there any procedures that we have to follow?" Jack asked.

Although Edwin was expecting such an answer, he was shocked that Jack could give out that amount of money immediately. After all, although there were many billionaires out there, they were mainly considered as billionaires due to their assets.

Furthermore, not many of them could fork out billions of dollars easily. Now he was trying to think about Jack's real background.

And although he was quite excited, he didn't show his emotions so openly. He showed a smile as he said, "I have long prepared the documents that are required for the transfer. So, we can complete the procedure right now as I carried it with me."

The moment that Jack heard these words, he smiled because he wanted to spend as less time as possible in acquiring a company. In this way, the amount of income that he would be receiving would be exponentially increased earlier.

This added to the fact that Jack had a system, with the 100 times multiplier, it won't be long before he recovered the amount of money that he had spent. Furthermore, he was quite curious about the first income reword that he was going to receive.

So, he hurried to ask the system guardian, 'According to the income of the company, what period would the income be multiplied?'

[That solely depends on how the business operates. If it is one that brings in income on a monthly basis, then the multiplier effect would be carried out during the end of the month. On the other hand, if it is something that is paid once in a year, then that income would be multiplied either at the beginning of the year, or at the end of the year.]

[Since Safety Enforcers is one that works with contracts, the multiplier effect will the be carried out on a monthly basis.]

Jack let out a sigh of relief the moment that he heard these words. He was still at the starting phase of the enterprise and the funds that were needed were humongous. As such, he preferred his income being multiplied on a short period basis.

After Jack's agreement, Edwin took out the transfer agreement. The agreement stated that he was transferring the full ownership rights of the company to Jack.

After reading through the agreement and making sure that there was no loophole in it, Jack immediately put his signature on the agreement. After that, Edwin gave the account number to Jack and Jack did the transfer.

The moment that he saw the bank message showing that he had received the money, he couldn't help but smile gleefully. This deal was done and he now had enough money to invest somewhere else. As such, he was in a very good mood.

He took two glasses and poured red wine in them. Then, he offered Jack one of them with the intention of toasting him.

On the other hand, Jack didn't drink wine. As a result, he could only replace it with juice. Even so, Edwin didn't mind considering that it was true that he hadn't seen Jack taking a sip of wine although they had several expensive bottles here. Furthermore, Jack was indeed still young.

After that, the two talked a lot as Jack asked about Venture city. Since the headquarters of Safety Enforcers was situated here, Jack would have to stay here for a while to make sure that things were on the right track before leaving.

But of course, he was going to make sure that he would start investing in anything that he could, so that he could earn more.

It was also at this moment that Jack thought of something. "Mr Edwin, do you happen to know where there are fighting competitions?"