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Chapter Three: Buying a Factory Made of Debt

Creditors suspend enforcement for ninety days.” “And you take seventy-five percent?” Tang asked. “Plus voting proxies sufficient for actual control.” “Nine hundred thousand for seventy-five percent. You are harsher than Lanshi.” “Lanshi wants your land after liquidation. I am buying a company worth negative 3.4 million, its wages, lawsuits, and one startup attempt that may fail. You may refuse.” The countdown remained at the edge of Shen’s vision. [08:31:09] The task required actual control. A handshake did not count. Neither did moving money. The shareholder resolution, voting proxy, and transaction documents had to be signed. “The creditors will never agree,” Tang said. “Lanshi bought the patent security specifically to wait for us to die.”