Darkstone Code

Chapter 1492: Chapter 1490: Turning a Profit with a Single Transaction

The financial regulations in the Federation are so perfect that sometimes you feel these financial sharks are all criminals!

But when you bring charges against them, you’ll find that they are more law-abiding than you are!

So people always say that the law is a wall used by the privileged class to protect themselves, but in reality, the true role of the law is to protect ordinary people, especially those at the bottom of society.

But people don’t care, nor do they think this way.

After Lynch submitted the application to acquire the National Bank—

Because this matter involves diplomacy and politics, it definitely requires the nod and approval from the Ministry of International Affairs. After acquiring the Lemar National Bank, there might be some changes to the current strategies the Ministry has towards Lemar.

After obtaining the approval and permission from the Ministry of International Affairs, Lynch could truly be considered to have bought the bank.

As Lynch submitted domestically, a company called "Lemar Asset Risk Control Management Company" was registered in the Federation. This company was registered by an overseas Foundation, and behind this Foundation, through various layers of relations, is ultimately the Darkstone Fund.

The capitalists in the Federation dare to occasionally trample on the law precisely because of these laws.

From certain angles, certain conspiracy theorists are indeed correct; parts of the law do provide convenience to capitalists and the privileged class.

After this asset management company was registered, it applied for a listing with the Federal Financial Management Committee and the three major exchanges.

In its primary audited business, there was only one item, which was to be entrusted with full management of the Lemar National Bank!

In the Federation, a company doesn’t need years of operation to go public, nor does it need to ensure that its annual financial report is always rosy, but it must have a core business.

The business of this Lemar Asset Risk Control Management Company is to manage and formulate the decision-making power of the Lemar National Bank.

Simply put, its job, as indicated in its business scope, is to manage and control the Lemar National Bank.

But there’s a premise here, it is not the actual owner of this company. In other words, even if this company goes public and people buy its shares, it doesn’t mean these shareholders control the Lemar National Bank, nor does it mean they indirectly hold shares in the National Bank!

Because the real holder of the National Bank is the Darkstone Fund through various crossover holdings. To indirectly hold the Lemar National Bank, they must own shares in the Darkstone Fund.

But clearly, the Darkstone Fund is a private equity fund and does not recruit shareholders and capital from the outside, naturally, no one can indirectly control it.

So, at the end of the day, this company applying to be listed is just a damn shell company, and one without any risk resistance capability.

If the entrusting party decides to reclaim management rights, it would completely lose control of the Lemar National Bank.

Or from the beginning, this company doesn’t have the possibility to control the Lemar National Bank, it only exists as a form of influence. The company’s decisions can largely assist its shareholders to influence its daily management work through contracts with the company and the entrusted entity.

The tycoons at Bupen Financial Street Center took one look and knew this was another "scam" because what you buy is never truly yours. If this isn’t a scam, then what is?

The value of this Lemar Asset Risk Control Management Company completely lies in that entrusting contract, but how reliable can such a contract signed between the left hand and the right hand be?

Everyone is very clear about this; if you want capitalists to be honest, you have to make them see the benefits of honesty, otherwise, they really don’t care about fraud or betrayal.

But can you say this company is not attractive?

Of course not!

A company with the power to issue currency—

The Lemar Republic Government owns one percent of the shares for the purpose and reason of retaining the right to issue currency.

From the current negotiation progress between the Federation and the Lemar Government, this part of the power, that is, the power to print money is divided into two parts.

The first part is who prints, and the second part is when to print.

The first part is entrusted to the Lemar National Bank, with the national government having oversight. The second part is jointly handled by the Lemar Republic Government and Federation economic advisors.

All related to the Federation!

And the power to issue currency determines a country’s market economy and financial situation; Lemar has now joined the World Development Committee, and Yares will also become a member currency of the World Development Committee, integrating into the whole committee’s currency system.

Thus, its influence will grow larger; at least within the member countries, Yares will have international settlement capabilities, and as its international settlement capabilities manifest, it will be used in more places.

This is a very complex matter, yet when you blend all the problems and answers together, it becomes quite simple.

It’s summarized as "interest"; for the sake of interest, the Federation’s capitalists are not averse to investing capital at all!

This is also why Lynch refused the Golden Exchange Bank, not considering some under-the-table money, just relying on his methods and a mind beyond this era, playing with the world’s capitalists is as simple as eating and drinking!

Everyone knows this is basically a scam, but everyone is preparing funding, ready to jump in.

Because people are betting that this scam won’t fail so quickly, betting that they could get in early and recoup everything with interest before the scam collapses!

The news of Lemar Asset Risk Control Management Company (hereafter referred to as Lemar Asset Risk Control) going public also alarmed the Six Major Banks. Although they weren’t too willing, they decided to put out some money, at least to secure a shareholder seat in the Lemar Asset Risk Control Company.

The Six Major Banks, along with some financial institutions and Foundations, people are already red-eyed with jealousy; Lynch is damn well going to make a huge fortune again, and still through an almost cost-free scam model!

This son of a bitch!

According to some agency evaluations, the fifty million circulating shares issued by the Lemar Asset Risk Control Management Company will soon be sold out. These circulating shares account for fifty percent of the total share capital.

If it weren’t for the Financial Supervisory Commission watching closely, Lemar Asset Risk Control initially applied to issue sixty percent or more of the total share capital as circulating shares, and the Financial Supervisory Commission is also aware that this is just a damn shell company.

So they required that the company’s circulating shares must not be less than fifty percent of the total share capital. See, this is actually to protect ordinary investors.

Big capitalists have ways to avoid risks; they can even directly talk to Lynch, but ordinary investors, if they lose, they lose.

But even with only fifty million shares, it’s still extremely hot.

Due to the essentially zero market value evaluation of Lemar Asset Risk Control itself, with all the weight coming from the contract, the stock’s listing price is only ten cents.

According to the relevant laws of the Federation, if the stock price goes below ten cents, it will be delisted because below that is the range of penny stocks.

And at ten cents... basically, the company doesn’t have much future.

This time, the subscription for shares is done through a random matching subscription method, and no one was hired to underwrite.

Everyone who needs to apply to subscribe for the stocks can fill in a maximum of ten subscription orders, each representing one thousand shares. When people submit their subscription forms and money to the exchange, it can be matched.

Fifty thousand subscription orders will be randomly drawn, with each order priced at... one hundred dollars.

This is like a damn lottery, and three major exchanges’ trading accounts have suddenly become pricey.

Some investors who had been heartbroken by stocks and had given up on financial investments were harassed by their former brokers, expressing hope to borrow their stock accounts for a one hundred dollar subscription.

The entire Bupen is spinning around this matter, and Lynch has once again become the focus of people’s discussions.

"You always have many ways to attract people’s attention, and each time it’s so...," Mr. Wardrick didn’t know how to describe, "outstanding, shocking!"

He eventually fumbled for words, "In short, you keep getting more amazing."

He couldn’t help but ask, "How did they agree to you?"

By "they," Wardrick meant the Six Major Banks.

In his view, the Six Major Banks, given their scale, don’t need to care about Lynch’s attitude at all. They could have been more assertive, yet some opted out of the game, while others adhered to the rules.

This made Mr. Wardrick very, very curious, curious about how Lynch managed to suppress these greedy bankers.

Lynch smiled, "Lemar is just a small place, with a population of only a few million, isn’t enough to make the Six Major Banks focus much energy."

"Additionally, the new Lemar Republic Government and the Federation Government negotiations had a provision, to ensure the sovereignty of Lemar, such entities like the Six Major Banks would not be introduced."

"They must go through my link if they want to intervene."

In this world, exclusive deals are always the most profitable, that’s a monopoly.

Without a doubt, a listed company can bring Lynch wealth valued in billions, and the most crucial part is he has no cost.

This kind of operation will be written into textbooks, becoming a lesson that all future financial professionals must learn.

To earn the most money with the least cost and expenses!

Blatantly monopolizing within the reasonable legal bounds!

Seeing the unmaskable dazzling aura around Lynch, Mr. Wardrick could only silently sigh, then he moved the conversation towards work matters.

Mr. Wardrick plans to break away from the Consortium; the military industry and the upcoming war have already given him a taste of sweetness, and he plans to ditch those people.

But he is too light on his own, needs to find a few partners to work together.

Lynch is a very good choice.

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