The Magician’s Memorial - Chapter 355



Only Krnovel

355. New beginning (4)

CEO Seo Jeong-jun returned to Korea 20 days after leaving for Denmark.

It was a business trip to Denmark with over 20 people, including Dr. Jang-Woo Kim and a dedicated artificial intelligence team.

CEO Seo Jeong-jun, who returned like that, was the first to come to see me.

Just by looking at his face, I could see that this business trip had achieved its intended goal.

“It looks like things went well. The smile on CEO Seo’s face can’t be hidden.”

“We signed a contract where Centrian would own 8% of new drug development.”

“There’s no way we’ll just give away 8% of the shares, so what did we agree to do?”

“We decided to provide assistance through artificial intelligence. The conditions are to share all research results and jointly conduct preclinical and clinical trials. It appears that the development of new drugs can be accelerated if the same research is conducted simultaneously in Denmark and Korea. ”

To be honest, the conditions weren’t that good.

Of course, I knew that the new drug to be created in the future would be a miracle diet pill.

No one knew that fact except me, and receiving only an 8% stake in exchange for using all of Centrion’s technology and manpower was nothing short of a thief’s badge.

But it wasn’t something to think of as a bad thing.

I especially liked the fact that all research results were shared.

“If we share all research results, then of course we also share Robo Nordisk’s research results, right?”

“Accurate information is essential to conduct virtual testing through artificial intelligence. Robo Nordisk has decided to share all research results in real time.”

“It wasn’t an easy decision. Aren’t pharmaceutical companies just as sensitive to information as IT?”

“It seems like they trust us that much. The Lobo board of directors asked us to express their gratitude, saying that thanks to the chairman, the FDA approval was processed quickly.”

Can this kind of trust relationship be built just with FDA approval?

That couldn’t have been possible. It was clear that he made this suggestion because Robo No Disk had something up his sleeve.

“Were there any other detailed conditions?”

“There were no specific conditions. We had a long tea time, but the only question I asked was about Centrian’s share structure.”

“Interested in Centrian’s shares? Interesting.”

“If mass sales of insulin begin, won’t the stock price rise sharply? That’s why they seem to be interested.”

Centrian was listed on KOSDAQ.

Since I owned more than 50% of the shares, and CEO Seo Jeong-jun also tightly held the remaining shares, only a small amount of shares were released to the market.

Is that why?

Centrian’s stock price was rapidly rising.

Once insulin sales began, it was clear that it would rise even more steeply.

Is that why Robo Nordisk is interested in Centrians?

It was clear that there was someone else out there, and assuming the worst.

They could have attempted a merger or acquisition to make Centrian their base in Asia.

“First, accept the conditions and proceed with joint research.”

“We have decided to begin joint research starting today.”

“It will be a great help as IIT has decided to support doctoral level researchers.”

“Thank you. I will repay you with good results.”

CEO Seo Jeong-jun walked out with a smile on his face.

I called David, looking at his back.

[boss! I already tried to contact you. Shale gas development is progressing well. Communication with the governor of Texas has been good, so I think we will be able to break ground next month.]

“You’ve worked hard. Well, I guess I’ll have some time now.”

[I think there is something else I need to do. Where should I go this time? If possible, it would be better if it were a country with direct flights from Texas.]

“I need to go to Denmark. Robo Nordisk offered very good conditions for Centrion.”

[If the conditions are good, you should be suspicious. I will fly to Denmark right now. I have already developed a close relationship with Robo Nordisk executives.]

The moment David was sent, it was only a matter of time before he got the information.

David was the one who would find out not only what the Robo Nordisk board of directors was thinking, but also how many forks and knives they had in their house.

“We have a lot of time, so we can proceed slowly.”

[Is there any reason to spend a lot of time doing this? We will contact you within this week.]

Tudu-.

After the phone call with David, I was lost in thought for a moment.

I also thought about robbing Robo Nordisk of its new drug.

Just because it’s a Robo Nordisk doesn’t mean it’s any different from me.

If Robo Nordisk is really targeting Centrians.

I could take the New Testament from them without any guilt.

Rather, I just hope that Robo Nordisk is planning something bad.

* * *

These days I’ve been using two offices.

One was an office at Taewoo Group’s headquarters, and the other was an office at the financial tower.

Foreign companies have been brought in, but you can’t pretend not to notice, right?

“Chairman, all preparations for the meeting have been completed. Most of the companies that have moved in have contacted us saying they will attend the meeting.”

“For most companies, that means there are some that don’t attend.”

“Most Japanese financial companies and several European financial companies have informed us that they will not attend.”

Attendance at the meeting was free.

However, you will regret not attending today’s meeting.

This meeting was the first step in carrying out a new project.

If you don’t get the first button right, you’re bound to fall behind in the end.

“We will hold a meeting!”

A large conference room located in the financial tower.

Executives from over 20 financial companies were filling the positions.

Among them, George, the only CEO of Quantum Fund, attended the meeting.

“What’s going on that brought us here? They flew in from Europe because they heard there was a meeting.”

“We have prepared a space to carry out projects together with companies located in the financial hub tower.”

“Is this a project led directly by Mr. Kim? If so, I will definitely join in.”

The conversation continued as if it were salty.

Of course, it wasn’t a play, and of course there was no script.

This conversation continued simply because CEO George trusted me so much.

“First, let me tell you about the contents of the project. The atmosphere in Russia is unusual. The atmosphere in the Crimea is especially ugly.”

“Are you expecting war?

“It may not lead to war, but I expect Russia will definitely do something reckless to take over Crimea.”

People making noise.

The hottest region right now is Europe, and since Russia is also part of Europe, it was able to attract their attention.

“If Russia does not give up its expansionary policy, Western countries, including the United States, are expected to impose sanctions on Russia.”

“Then the ruble will plummet. And the stock prices of Russian companies will also become penny stocks.”

“Many factors will be affected, including the ruble and Russian company stock prices. The Taewoo Group is too large to proceed alone. How will you work together?”

The first to respond to my proposal were Wall Street financial companies.

They were people who knew very well how I had made money from the time I started at SAVE Investment Company until now, and they also knew well that I had never had an investment failure.

[We cannot be left out of the project carried out by Taewoo Securities and Quantum Fund.]

[How good it would have been if information like this had been provided before proceeding with the European work.]

[This is a good thing as you enter the financial hub tower.]

Should we call it a financial hub cartel?

If you move into Financial Hub Tower, you will have the opportunity to join us.

All cartels were bound to band together for money, and as long as the information I gave them was profitable, the companies residing in the financial hub tower were bound to band together tightly.

“If we join forces, we can have our share of the pie, and we can easily deal with the crises that lie ahead.”

“For those who are prepared, a crisis is nothing more than an opportunity. Quantum Fund will be at the forefront of the project, so everyone will just follow.”

Wall Street agreed with CEO George’s words.

European financial companies were also caught up in the atmosphere and promised to join in.

However, Berkshire Hathaway took a step back.

Jane, the head of Berkshire’s Asia branch, stood up and announced that she would not participate.

“We do not make money through short selling or currency attacks. Please contact us if you have investments in undervalued companies.”

“It is not simply a project to make profits through short selling. It also includes investments in stocks that will rise due to this incident.”

“Then, let’s partially participate in the project excluding short selling and foreign exchange investment.”

Even Berkshire decided to participate in the project, albeit only partially.

Then, even other financial companies that had been hesitant all responded positively.

“I will end the meeting for today. I will contact you again when the full-scale project begins. And as you all know, I would like you to keep the conversation we had here today as secure as possible.”

The meeting has ended.

Participants from all financial companies left the conference room, but only CEO George remained waiting for me.

“Do you have anything to say?”

“I don’t know why you set up this position. Do you think security will be maintained? They are just heads of the Asian branch. Of course, in order to invest, you need permission from headquarters, and in the process, today’s story is not only on Wall Street but also in Europe. It will spread to financial companies as well.”

Of course, I was expecting that situation.

Asking to maintain security was just a request.

For any other investment, confidentiality would of course have been important, but since this project was a war, it did not matter much.

“Russia will not give up its ambitions for Crimea just because information spreads.”

“Still, won’t the number of competitors increase? Everyone will rush in and fork up the pie that Taewoo Securities and Quantum Fund can monopolize.”

“It doesn’t matter if it gets overheated. This project is more of a bait product. It’s enough to let people know that they can get good information if they move into the financial hub.”

Representative George’s expression was slightly distorted.

They seemed to disapprove of me for trying to use a large-scale event like war as a bait product.

“So you’re not going to make money from the Crimea incident?”

“Of course, we can increase profits. Of course, the rate of return will be lower than if we were all on our own, but we can still increase the rate of return by more than 30%.”

“Hmm, a 30% return rate is not a low figure by any means, but if we dominated, wouldn’t we be able to see a 300% return rate? It’s a shame.”

From Representative George’s point of view, it was disappointing.

Since he had maintained his position as Taewoo Group’s only partner until now, he would not have liked other financial companies stepping in.

“I plan to proceed quietly with the next project. I will only proceed with Taewoo Securities, Quantum Fund, and a few financial companies that have shown positive action in the Crimean Peninsula crisis.”

“It’s some kind of test. Of course, if you want to work on a secret project with us, you have to take a test. Now I know what you’re thinking.”

It was CEO George, whose expression brightened.

His expression changed immediately when he heard that there was a hidden project.