Chapter 1493: Chapter 1491: Market Opening
As an old father, Mr. Wardrick has three concerns in his life.
The first is whether he still has money.
The second is how his wife is doing.
The third is how his daughter is doing.
Of course, these are essential considerations, but if you put it emotionally, it’s about career, love, and family bonds.
As an old father... Although he doesn’t want to admit it, he must acknowledge that he is indeed old.
When Severa approached her thirtieth birthday, it meant he was already over fifty, nearing sixty. You would need to check the identity card to know for sure; the Federation people aren’t great at math, and four-digit subtraction poses a challenge for them.
An old man.
An old man with only one daughter.
An old man with only one daughter, who damn well isn’t married!
How damn tragic is that?
Mr. Wardrick has to consider the future. If Severa rejects an arranged marriage and embraces singlehood, it would pose some unforeseen problems for both him and his business.
From a societal perspective, people don’t take suggestions from single individuals seriously because they have no family and are viewed as a selfish, insane bunch. Who knows what crazy things they might do!
That’s the general view of single individuals—they defy the biological principle of existing for eternal life by means of reproduction.
And without the constraint of family, they might make some extreme and insane decisions—because they lack the burden of family and don’t need to consider if their decisions will hurt their loved ones.
Severa will undoubtedly inherit Mr. Wardrick’s wealth, but these assets are not merely wealth; they are also a responsibility.
If Severa inherits these businesses and wealth and insists on singlehood, what new situations might arise?
It’s simple; our boss has no children. If the boss dies unexpectedly...
No one can inherit her wealth. According to Federation law, her assets, apart from any foundations, would be distributed among her relatives.
If she has no parents, children, or siblings, the first beneficiaries would be her parents’ siblings.
If her parents’ siblings are deceased, the beneficiaries would be the children of her parents’ siblings.
If her parents have no siblings, then the beneficiaries would be her grandparents...
Until someone is found to inherit these assets.
As for the foundations... They will continue to operate under her name if they are independent, non-profit charitable foundations. Other types of foundations will be handled according to different situations.
In short, for everyone, Severa having no children or husband means the assets are unstable.
No one knows if something might happen to her, or if there might be a human-induced accident. There will always be someone who will take action for so much money, like those relatives Mr. Wardrick might not even know.
When they discover that killing someone could bring unimaginable wealth, they might take the risk!
The Federation has experienced similar incidents, so Mr. Wardrick now wants to provide Severa with an insurance policy.
There needs to be a link between Severa and Lynch, so if someone tries to harm her, they’ll think twice about whether it’s worth it.
Because in trying to harm Severa, they would also be offending Lynch.
Lynch is not Severa; he is smart and can compete with these big capitalists, even achieving decent results.
He might not become Severa’s husband, but at least he can help take care of Severa.
Nearing sixty, Mr. Wardrick is very anxious. He must face this issue; he can’t take care of his daughter for a lifetime, so someone else has to, and he hopes that person is Lynch.
As for the cooperation content... it’s the military industry!
"I plan to expand the factory. The orders from the Ministry of Defense are being delivered in succession, but I think we can increase our scale further," he said, sitting in his chair with his legs crossed, discussing business.
The Ministry of Defense’s orders for the armored vehicles from his and Lynch’s jointly-operated factory have begun gradual delivery. A year ago, these armored vehicles were considered advanced.
But from today’s perspective, they are no longer that advanced.
The company’s designers have designed a new look, adding a "shell" to the turret.
Observers noticed that an open turret is vulnerable to bomb attacks during use.
In open-field battles, this issue isn’t significant because there aren’t many tall objects around the armored vehicle for people to use as a basis to throw things in.
Even if a soldier is precise with their grenade throws, they can’t possibly destroy all the armored vehicles.
But in urban combat, in street combat, it’s a big issue.
Those hiding in any room possibly concealing people can easily toss grenades or bombs into the armored vehicle from the second, third, or even higher floors.
Moreover, the vehicle’s wheels are easily destroyed, and repairing them on the battlefield is cumbersome. These problems have sparked ideas for improvements.
In this era of explosive growth in war technology, a design is sometimes rendered obsolete as soon as it is born.
The new armored vehicles will overcome these problems and are expected to perform excellently on the battlefield. Coupled with Mr. Wardrick’s influence and a pinch of personal friendship, he believes he can secure several major orders, cementing his heavy machinery plant among the top Federal military vehicle manufacturers.
Around this military factory, a conglomerate company can completely be built.
It’s not a consortium, but its wealth and influence on the government are comparable to one!
This way, Severa’s future enemies will mostly be external, preventing anyone from stabbing her in the back internally.
Even Mr. Wardrick gets stabbed in the back in the consortium board from his own people.
Upon discussing serious matters, Lynch also became earnest and said, "I heard that the Ministry of Defense pays great attention to this area. You might as well think about getting some information from our allies and enemies."
"Only by understanding more can we make better progress, right?"
Mr. Wardrick’s mind went blank for a moment, just a second or two, before he understood what Lynch meant.
Commercial espionage!
But not the conventional kind, since it involves the military industry, it’s even related to national security.
He hadn’t thought of it because his competitors are abroad, and he doesn’t know how they think, so he hadn’t acted on it.
Lynch’s reminder was timely. While everyone competes on creativity and design skill, we can still research the enemy’s weaknesses and enhance our strengths!
He quickly gathered his thoughts, saying, "I’ll arrange it."
After a slight pause, he asked, "Lynch, do you think the military industry can be a lifelong business?"
For this question, Lynch seemed a bit puzzled and curious. After serious consideration, he gave an affirmative answer, "You know, as long as we have enemies in this world, even hypothetical ones, there will always be a market for military products."
"And we don’t need to confine military products to strictly military use. Some of them can also have civilian applications or be exported."
"Even if we have no enemies, not even hypothetical ones, our friends will still have them, and might even be at war."
"Someone will always need these things!"
Lynch’s words helped Mr. Wardrick make a determination.
"I intend to invest more in this area, building a new group company around it."
He looked at Lynch, "You have to help me; you hold shares in the company too."
Lynch wasn’t particularly curious about Mr. Wardrick’s thoughts and decisions. After all, who would have thought someone selling onions or buying potatoes would eventually... right?
So what was done in the past doesn’t necessarily dictate the future direction.
He wants to increase investment in the military industry, possibly for various reasons, coupled with the Federation’s almost certain future enemy manufacture. At least for twenty years, we don’t need to worry about its development.
Lynch hesitated for a moment and finally nodded. Tanks or a more comprehensive manufacturer of military equipment could complement his aviation company.
Marine manufacturing is not considered as it requires years of technical accumulation to make it work.
The matter was tentatively decided. Lynch also mentioned the current company’s shareholding structure issue, as many people hold shares in this company.
If one wants to further expand in this area, the first thing is to purify the shareholding structure, something Mr. Wardrick is well aware of. He promised Lynch he would handle these matters.
On Monday, Lemar Asset Risk Control officially went public. The three major exchanges were packed; this may be the most grandiose scene in the past two years, without a doubt.
Many stock analysts claim that these stocks, priced at ten cents, will rise to at least ten dollars once they hit the market, representing a hundredfold increase!
Meaning if you get a share, one hundred dollars will become ten thousand dollars, and there are fifty thousand shares to grab, more reliable than scratch-offs!
Regardless of frequent exchange visitors or those who haven’t been here in a long time, they’re all gathered here now.
With people announcing, many jubilantly waved their subscription tickets, entering the fray under the envious, jealous eyes of others.
At the opening moment, Lemar Asset Risk Control’s stock price instantly rose from ten cents to over three dollars and continued climbing.
Everyone holding onto the stock felt thrilled, as there were already off-market offers, someone willing to purchase unlimited amounts at six dollars per share...
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