First, Jeong-ok in Incheon told me to proceed with the purchase. Taking the existing bonds together, he said he needed to invest an additional 500 billion, considering that the investment had not been made.

It was an analysis that would replace old equipment and increase production volumes accordingly. Unlike Incheon Jung Oil, which has no place to dump, we said we wouldn't worry so much about passing it on from Johnston China if we had any left.

I asked Seung Hun Jeong to think about the oil refined by him, and I decided to meet again a few days later.

It is not difficult for the Funded Johnstone Group to threaten or actually take over the management rights of other companies. Most companies have vulnerable governance, so if they blow a little bit hard, they just shake. Of course, I don't do that. It's because of the face.

In the case of the escrow group, at first it's a business dispute. 'It was difficult enough for the Johnstone group to intervene, but the situation is changing differently every day.

Moreover, shortly after committing enormous accounting irregularities, if the shareholders' eyes are not bright and the Johnstone Group is involved, they may look positive to the public like a 'solver'.

"Which one of you is the drug dealer or the drug dealer?"

I asked the executives at a meeting that resumed a week later. At first, everyone looked confused, but soon, one person said, 'Aha ~', and the realization continued like a domino. Of course, there were some people who didn't know until the end.

If someone were asked a question like this, what would they say?

Needless to say, both are bad guys. So which side do we take from the owner of the esce group, the owner of which illegally blew out 150 trillion shareholders' money and shed tears in the eyes of the ants, or the owner of another area that pops up and suddenly acts as the owner?

The reason why it is called sovereign to emerge here is because most of the informants so far have been seeking short-term benefits, although they do not know what they are doing.

"To be honest, the Eske Chamber was a bit harsh. Now that you're new president, it's not your fault, but you've been an heir before, don't you know that? Maybe it's not so bad to swap it out this time."

"The same goes for other punitive companies, but I expect the escrow group will be well received this time. Apparently, the Sovereign opened a shotgun. The Executive Group will not survive half this time."

After Seung-hoon Jeong, I will go to the foreign heat president and say a few words. Unlike other companies, executives of the Johnstone group with clean governance and accounting practices can be reassured and argued for.

However, we only care about the misconduct of other financiers and we do not care about the management tax, because the Johnstone Group can be a substitute.

"If it wasn't his fault, it was his father's. We created that culture. Even in all the other places, we can't wash away the sins that have caused so many investors. I wasn't trying to be good, I was lying to you from the start."

That's true, if it's not Sovereign, the group needs to move on to a more competitive, cleaner management. Otherwise, it is not easy to fix rotten practices.

Even at this moment, there are definitely people out there, tearing their eyes out, throwing money at the morals of the Eske Executive Group.

"Due to the current business conflict, the stock price has more than doubled, and it's still going up, so if it goes like this by the end of the year, it's going to be three or four times higher. Moreover, both Sovereign and Eske executives are strongly obsessed with their management."

He said he was worried that he would have to give a tremendous premium in the current situation.

If you give a 20% premium on unnecessary Incheon Jung Oil, it means that you have already jumped more than twice and you need to call another double to get eaten.

"Chairman, how do you intend to acquire the Eske refinery? So far, the Johnstone Group's affiliates have run private companies, and this time it will cost over four trillion won. Six months ago, the market was only 1.2 trillion, and that would be a shame."

This time, I'm worried about Chief Seung-hoon Jeong. I commented on Eske's refined oil, but it seemed like it was too expensive after all. I'm worried that I might get the impression that I've been cheated.

"Even if it costs a lot of money, the equity needs to take over. If you have a public listing, you have to work on it, you have a lot of other things. But you can't spend three or four months on a boat. It would be better to establish one."

Now that Johnston Group is 99% mine, the company's money is mine. So if you need money between affiliates, you can spend it back. U.S. companies have also sold some stocks such as Johnstone Entertainment and Energy to institutional investors, but not listed.

This is my management policy. It is because you cannot be completely free from the rules and regulations that come with it if you attract the funds of ordinary people.

A simple example is that in the United States, many businesses and executives were beaten up by rationing accounting, and in the case of Adelpia, the president was arrested. Why? It's because it's damaging ordinary shareholders. If it was a private company, it would be nothing. I spend my money, who's to say?

"What kind of company is a Sovereign, by the way? I don't remember anything from the bees."

"Yes, Sovereign is a company that started in New Zealand and is now headquartered in Morocco. It was first known in Korea in March when it acquired shares in Eske Global, a holding company of the Eske Group. It's run by a company called the Chandler Brothers, and it's run by James Peter."

"Oh, not that kind of history, how you've invested so far, the intention of acquiring business rights this time. If you know what you did in the past, you can see the future, right? You have to know who to do first."

"..."

"What, no one knows? So what have you been investigating so far?"

It was absurd. There were so many articles in the newspapers, and even though they did their own research, they couldn't figure out what was really important.

"I'm sorry. The truth is, the Sovereign are so secretive, they have no information at all."

"I've contacted the newspapers, but they don't have any data. So the article is said to focus solely on activities in Korea."

"The intelligence team has dispatched agents from Singapore, Japan and Morocco, but it seems hard to find anything. Brother Chandler says he hates being in public."

I was mistaken. I thought of everything at the level of the Johnstone group, watching the Johnstone Intelligence team as an aquarium. I am in Korea and have forgotten that gathering overseas information from information teams in Johnston Korea is difficult.

Let's say we send someone to Morocco right away. When Asians roam among Westerners, they stand out. On the other hand, it's not a problem for Johnston Intelligence, where there are over a thousand agents both domestically and internally, and hundreds of them in Europe.

Specifically, the number of European intelligence teams is increasing dramatically this time. Across Eastern and Eastern Europe, a thousand people would be appropriate.

I felt frustrated because I felt like I was getting tired of work, and immediately connected the video phone in the conference room. The conference room is equipped with state-of-the-art video conferencing facilities, which have been set up for high-speed connectivity between offices in the U.S. Korea Europe China. I found Thomas first.

"Thomas, how are you?"

"Old school!"

Thomas shows up on the screen, and when I ask him how he's doing, he says it like a restoration window for no reason.

"There's an investment company in Morocco called Sovereign. The owner is Chandler's brother. He's from New Zealand. Can you find out anything unusual?"

"Okay!"

As expected, Thomas' answer is simple and clear. I heard his confident voice, so I thought I'd get some information soon.

"Wait, this hid hundreds of billions in culinary accounting at Eske Shipping, and I can't. If it's this rotten, I'll give you an example. Chairman, I need to stay out of jail for a while. We should disband the group or appoint someone else."

"Chairman, the fact that we have a presentation is 150 trillion, but the more we do the research, the more it's coming out. According to the intelligence team, applying the results from Esce Global and Shipping to other affiliates, could exceed five to six trillion."

"What? Five, six trillion?"

"Yes, we are continuing to investigate, but like the group D before us, the Eske group is not all that good. But there are companies in the group that are going to be fundraisers, and they're not going to shake the whole thing, but there are quite a few hidden flaws."

"Hmm... If it's this rotten, it's better to disassemble it." Take a look at acquiring refinery, communicating and participating in equity. Of course, I could make an acquisition for a reason, but I'm not sure yet. Please post a separate report on what other companies will do. "

I resolved my mind with the dismantling of the Eske Group. Despite Group D's deterioration and awareness, they still operate in an outdated manner. You are socially unethical because so many financiers are advocating in the media, despite their many mistakes.

A wealthy American cable company named Adelphia's owner, Mr. Ligash, is serving 15 and 20 years each in a prison in North Carolina, accused of $2.3 billion in hidden misconduct and $100 million in personal use.

However, the Eske Group has hidden more than $5 billion in food accounting and has reported more than $100 million in utility. If he was in the United States, he would have been 25 years older. Of course, if you say you're better than the rest of the "D" group, I have nothing to say. Instead, you can encourage them to flee the country.

"John, I've got some pertinent information, can I send it to you separately? “

In the course of the meeting, as the video reconnects, Thomas is visible.

"No, you can say it here."

Everyone needs to know anyway, so I asked you to let me know.

"The odds are... that there's a billion dollars invested in Gazprom in Russia, which I think is the biggest asset I've ever seen. I was betrayed by funds I had previously invested with. This time, oh? You're really gonna break this."

As expected, Thomas, I don't know where I searched in such a short time, but I found out what they were up to. With the largest amount of money in Russia, we started investing there in the early '90s.

Investment cannot be easy in a country that has just escaped communism, especially in an empire of obscurity. Unless, of course, you're intimate with power.

However, he initially bought shares in a power company run by a group called Yukos and suffered a huge loss due to the abuse of power and the betrayal of cooperative forces. Of course, in the meantime, in Eastern Europe, such as Czech Republic, it seems to have made a fortune.

The funny thing was that after seeing the loss, he bought 5% of the shares of the oil company, Gazprom, and this time it was not that easy.

"Looking here, the Chandler brothers believe that corporate governance improvements benefit both the company, society and investors. 'I've spent the last three years working with a company called UFG that makes similar investments in Russia to try to improve the management rights of Gazprom. Look at this article, by the way."

In that short amount of time, executives look at Thomas as surprised to discover the existence of the hidden Sovereign. Executives who do not speak English at all, ask the executives around them to speak loudly.

< Pyodr, do you want to live a shorter life? >

I was a little confused by the interpretation of the Russian notes on the screen. Soon after, Thomas explained, everyone opened their mouths on their own. I was... a little confused, too.

"UFG partners in close collaboration with Mr. Chandler are Pydron and Ryan. But last year, Mr. Piotr received this threatening letter. Right after that, a beloved dog was killed in a cyanide scavenger attack. Another partner, Ryan, is under intense government tax investigation, so it's not gonna be easy. I can't. I think I sold some shares this year."

"..."

Threatening management... and I'll kill you. What country is this? Everyone opens their mouths and says nothing. You kill the opponent's dog by feeding it a cyanide to show that the threat is not just words. It's too much.

"Sir, if you're threatening Gazprom management, and you terrorize his dog, isn't it obvious who bought it?"

About the time the executives who seemed to drool for a while were unable to keep their mouths shut about the unimaginable story, the foreign heat boss next to me asked me.

"Didn't you know? That's Russia. Former KGB and military nationals have taken power in governments, economies and societies. There's a bit of a violent side to it."

No one nods in my explanation. It's a socio-cultural shock. Some officers keep shaking their heads.

"Well done, Thomas. Let's get some more data from Class S."

"Old school!"

Thomas disappears with a cool answer. When I look around the conference room, everyone is looking at me with respectful eyes. Information is power. Sovereign... these guys weren't very bad, but when did I think they were gonna stay? What do you care if they're not nice? We need to get him out of line. Hehe.

Artwork Reviews

I looked up the Sovereign in Naver, and there were so many articles and questions and answers, and I couldn't find any details. Most of the articles were roughly like this. I couldn't help but look around.

The Chandler brothers entered Russia in the early '90s and invested in a Yucos subsidiary, where they experienced a crazy Communist stockman who' kept representatives out of the room '.

He then joined forces with Russian forces, Soros and Harvard funds to try to change management, and in the other three funds, he suffered a great loss when he made a profit and got out.

And then I went back in '97... and at the last minute, Putin's representatives were in control of Gazprom, and the stock price went up and made up the profit.

And then I started fundraising from 2002 to 2003, and the reason for that was that the ruling party had taken over the company, and there was no room for business improvement anymore.

That's right. Threatening to kill a Dissident dog in a business conflict with a cyanide, what would be the improvement?

I thought SK's fiscal accounting was 150 trillion won. Since then, Haneun, who was chairman, has been sued for several billion years. And then overseas articles show that there's more than 5.6 billion dollars, six trillion dollars' worth of bad luck. But then again, if this were an American company, it wouldn't be. America is the rice for the nets, but this is better than us.

Have a good weekend, and stay healthy!