Chapter 337

The frown on Maja’s face deepened. The document only mentioned a $500 million deal with the Pennyfeather family’s company but didn’t specify the deal.

She was instantly on edge. What kind of deal involved such a massive amount of cash flow?

The last time the Pennyfeather family’s company was raising funds, the Raymond Corporation didn’t even invest up to $500 million. But the investment in this deal exceeded that amount.

Maja’s heart started racing, and she could no longer keep her cool.

She rang up Samuel. Samuel had just acquired Silver Carnes‘ company, so he would have more insight into ByteWise Technologies.

Samuel was in a meeting when he received her call, idly twirling a pen between his fingers.

“Maja, what’s up?”

“Mr. Brown, I just wanted to know what project ByteWise Technologies has proposed.”

Samuel reclined slightly, chuckling.

“Oh? The Pennyfeather family is working with ByteWise Technologies?”

in the hospital, and the agreement was signed by his

Technologies had previously approached the Raymond Corporation, but as far as I know, they were turned down. ByteWise Technologies has business model that exploits contractual loopholes to force small and medium–sized companies into bankruptcy. Despite their talented staff and extensive connections, and

pounded faster.

these companies into bankruptcy?”

in a hurry, Samuel spelled it

a year. ByteWise Technologies excels at persuading these companies to sign agreements to purchase their paint at a fixed price over the next few months. For example, $30 per barrel. If, three months later, the market price of paint falls below this price, you’d pocket the difference.

that seemed right.

They might place an order for $100 million. worth of paint, but even if you go all out, you can’t fulfill that quantity. Then you’d be in breach of contract and have to compensate them $200 million. Most companies

much did your company sign for?”

“$500 million.”

“From what I understand, the Pennyfeather family’s second round of financing didn’t even reach that amount. Did lan recently block all your business, leading to massive losses for the company, thus forcing you

words reflected the thoughts of the board

It was equivalent to two years‘ worth of production, and needed to be completed in six months. Practically impossible.

Raymond Group driving away all their clients, they hadn’t had any business for half a year, and everyone was getting

came at just

was better than having everyone sitting idle and the company potentially going bankrupt.

Cristina backing Carter, the

yet. Now, all she understood was one thing: The Pennyfeather

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