Chapter 637 Belford Investment Company

According to the media, as well as those investors stuck in Atlantic City, the pursuit of their old friend, let alone only give him 25% of the shares.

Even with a 5% stake, Frank would agree without hesitation.

Not to mention, for the past 3 years, I have always wanted to cooperate with Henry but have never been successful.

Now that the opportunity is in front of him, Frank will not care about it stupidly. Shares and profit sharing are two different things.

So 25% of the shares are actually given too much, and there will definitely be worries about risks in the future.

Back then, they smuggled diamonds from Africa together and used the Bank of England's idea. That was no more dangerous than this.

In the end, Ke didn't have anything to do at all, and now he is just playing around with junk stocks. Frank doesn't care about risks at all.

Moreover, after several times of cooperation, he believed that his old friend would not see himself in an irreparable situation.

Not to mention, according to his understanding, Henry has always been a cautious and somewhat excessive person.

"Etc., etc."

Nasser said dissatisfied and anxiously, "Henry, I am also your friend and collaborator, how can you exclude me if you have a good chance?"

"If I were you, I would set up a hedge fund that specializes in controlling oil prices and production."

Li Changheng looked at Nasser with some envy and said, "Believe me, in the future you only need to control this oil hedge fund, and you will be the most powerful in Saudi Arabia, and also the richest and most influential one in the world."

After listening, Nasser did not show a happy expression, but frowned deeply.

It took a long time before he sighed, "I'm not as smart as you, and I don't even have a pair of eyes that can see through future brokerages and international trends.

And, to be honest, do you really think I dare to express myself too much in Shate when my father brought me a new sister last year? "

Li Changheng smiled, "I can see so clearly and rationally, it seems that we will have more cooperation opportunities in the future."

When Nasser saw what Li Changheng said, the depression in his heart because he didn't dare to express himself too much turned into ecstasy in an instant.

It's not that no one, but highly educated people have praised him in this regard, but no matter how much those people say, it's not as effective as a casual sentence from Li Changheng, a successful man who doesn't need to prove himself at all.

However, Nasser also knew and wanted a stake.

And when others don't need me, I get a share of the pie, and what I pay is not just a matter of money.

After thinking about it, I still feel that apart from oil, there is nothing that can impress this super rich partner in front of me.

"What do I need to pay?"

"It's very simple." Li Changheng laughed, "You and your father must promise that no matter how the situation changes in the future, the oil well that belongs to me will always belong to me only until I sell it."

The current richest man in the United States, Paul Gates, unreasonably nationalized the oil fields in 1974 because of the Kuwaitis.

In just a few years, the assets have been reduced by half, and then the family has been going downhill, and finally the venue has fallen.

Nasser wanted to say no problem, but since Henry Lee said this, Nasser felt that there was at least a 60% probability that some kind of very serious crisis might occur in the future.

And Li Changheng didn't want to sell the oil field because he earned too much cash last year, so he couldn't invest all the hundreds of millions of dollars in his hands in April this year.

I had to pay a tax of 190 million US dollars, which was 40 million more than the 150 million US dollars predicted by the media.

While I have been very upset for a long time, I am even more worried that the oil crisis will break out at the end of next year, and the oil in my hand will be sold.

Almost 1.5 billion US dollars, I don't know how to spend it.

And even if there are only 79.2 million barrels in the United States, which is almost 900 million US dollars, if the tax filing deadline from the end of the year to April of the next year is only 4 months, it is impossible to invest all the 900 million.

Nearly 400 million US dollars was handed over to the United States for taxation, so it would be better to kill him.

And this has already caused him a terrible headache. If he sells the four oil wells that have been disclosed long ago, he will have to pay more than 200 million yuan in taxes to the Americans.

In this case, it is better to keep the 4 oil wells.

However, the oil fields in the desert area were indeed nationalized by the desert people for a period of time, and after more than ten years, they were opened up for privatization again due to various reasons and increasing pressure.

Therefore, if Li Changheng wants to keep his oil well, he must first transfer the registered place of the company to which the oil well belongs to a desert area.

Solve the desert people's concerns about face and policy first.

The second is the exchange of interests.

After all, the oil wells I bought last year only cost 100 million U.S. dollars, but by next year, these four oil wells are worth at least 400 million U.S. dollars, or even 500 or 600 million U.S. dollars.

With such great benefits, if Nasser is not brought to play with him, maybe he himself will lose his right of inheritance because of this matter.

The Desert Man will nationalize his oil wells without any objection.

Moreover, to be honest, what Li Changheng is looking for in this junk stock investment company is not the annual income of tens of millions, or even hundreds of millions.

It's the company's market capitalization.

Normally, the market value of a company in the United States is 20 times its profit.

But once this company is sought after by shareholders, it is not impossible to multiply it by 30 times, 40 times, or even a hundred times.

It is conceivable to sell at some point in the future the shares of junk stock companies that are destined to be troublesome, and whose profits will gradually decrease due to the continuous improvement of laws and regulations.

It requires a large number of interest groups to join together, and even transfer profits to others to protect them.

So since the company is not intended to be held for a long time, the exchange of interests seems very simple.

Li Changheng looked at Nasser who had been hesitant to agree and said hesitantly, "I will take 10% here, and Frank will give you 5% of the shares in exchange for a promise, and you will sell crude oil to Frank for 5 million dollars."

Nasser didn't care about other things now, and asked with a disbelief and excited expression on his face, "Do you really think that crude oil will continue to rise?"

"Believe it or not," Li Changheng smiled and said to Frank, "It's okay for you to take 5% of the shares for 5 million dollars in crude oil, right?"

"No problem, I'll sell the gold tomorrow and get $5 million in cash."

After finishing speaking, Frank looked at Nasser and said, "How about I exchange gold futures with you?"

In fact, there is no need to think about it at all. For Nasser, crude oil is definitely not as attractive and valuable as gold.

After the yacht returned to New York the next day, Nasser reported to the desert and waited for three days.

The company that Li Changheng controls the oil well not only transferred its registration to Saudi Arabia, but also signed an agreement to accept Saudi Arabia's control of crude oil production within the next four years.

After the agreement was signed and the seal of the king of the desert was affixed, Li Changheng took Frank and Nasser to the law firm.

After their respective lawyers reviewed and discussed the terms of the contract, they faced each other word for word.

An investment company called Belford was formally established.