Chapter 188 - 132: 8 Million in Compensation, Mid-Level Financial Freedom
After hearing the explanation, Chen Mo and Feng Yu were both stunned.
A cleaning lady saw the factory was under too much production pressure and, out of the kindness of her heart, put ten bags of luosifen the company had given her a year ago into the warehouse?
If anyone but Boss Wu had told them this, they would’ve sworn it was a load of bullshit.
The whole thing was just too absurd, almost too cringey to believe.
The crucial part was that the cleaning lady hadn’t done it on purpose. She was just trying to be helpful.
She just hadn’t paid attention to the production and expiration dates.
Chen Mo understood. He knew plenty of people from the older generation who simply didn’t have the concept of an expiration date.
To them, if you bought something and it was in your house, it was good to eat as long as you hadn’t thrown it out.
Once you opened something, it was fine until you finished it all.
Situations like that were all too common.
It’s just that this kind of thing usually stayed within one’s own home.
But this cleaning lady had taken those ten bags of luosifen to the warehouse, and that made the potential impact a whole lot bigger.
"The remaining nine bags have all been intercepted. They won’t reach any other customers. We’ll destroy them the moment we get them back."
Boss Wu updated Chen Mo on the status of the other nine bags.
Chen Mo and Feng Yu nodded in understanding.
Feng Yu breathed a sigh of relief. If there had been a large number of bags, she wouldn’t have been able to focus on helping Chen Mo.
She would have had to escalate the issue immediately.
But now, with the other nine bags intercepted, the only one that had gotten out was the one Chen Mo received.
That meant there wouldn’t be any major issues.
"Since this was just a bizarre mix-up and no real harm was done, let’s just settle this."
After a moment of thought, Chen Mo accepted their compensation offer.
Not many people were involved, and he was the only one who had actually received the expired product.
No one else was affected.
In that case, he would accept the compensation amount.
"Thank you for your understanding, Mr. Chen! We’re so grateful!"
When he heard Chen Mo agree, Boss Wu let out a huge sigh of relief and quickly grabbed his hand in gratitude.
He relaxed considerably, his taut nerves finally unwinding.
Ever since he’d learned about the incident, he’d had one foot in heaven and one foot in hell.
If he handled it well, he could keep selling his luosifen.
He could even use the momentum from this massive sale to get more people to try his brand’s unique flavor.
Through word-of-mouth, he could build a good reputation, expand his factory, and watch his sales climb higher and higher.
If he handled it poorly, this whole affair could bankrupt him and leave him saddled with a mountain of debt.
And a warehouse full of luosifen—more than he could eat in several lifetimes.
It was truly heaven on one side, hell on the other.
Luckily, it was resolved now. In the end, he had landed on the side of heaven.
"Thank you, Mr. Chen."
Brother Da Niu, still shaken, also thanked Chen Mo.
When he got the call from Boss Wu, he’d thought his career was over.
Now that the matter was resolved, he could continue promoting products on his stream.
He also wouldn’t have to pay penalty fees to his other brand partners for breach of contract.
Chen Mo accepted their thanks with a clear conscience.
If he hadn’t reported the expired product, it’s likely no one would have ever known, and the other orders wouldn’t have been intercepted.
What if one of those other nine customers hadn’t checked the date, cooked and ate the noodles, and gotten food poisoning?
Or what if a child had eaten it and gotten sick?
The consequences for those two would have been far, far worse.
As it was, they had resolved the entire affair for just eight million yuan—four million each.
’It was fair to say they really did owe him their thanks.’
"Mr. Chen, let’s sign an agreement."
Boss Wu and Brother Da Niu had an assistant waiting outside bring in a few copies of an agreement.
Chen Mo discussed the terms with them, and they finalized a version.
Boss Wu would voluntarily compensate Chen Mo four million yuan for emotional distress due to the product issue.
Brother Da Niu would voluntarily compensate Chen Mo four million yuan for emotional distress due to the product issue.
In exchange, Chen Mo was required to delete all evidence and backups, turn over the product to them, and was forbidden from publicizing the incident online.
If there was proof that Chen Mo was the source of any leak, he would be liable for ten million yuan in damages for breach of contract.
If the incident were to be exposed by a source other than Chen Mo, this clause would be void.
"No problem."
Chen Mo reviewed the agreement. Seeing no issues, he signed his name.
Boss Wu and Brother Da Niu also signed, then began transferring the funds to the account number listed.
DING! DING!
"Your debit card account ending in 1234 has received a deposit of 4,000,000.00 yuan. Current balance..."
"Your debit card account ending in 1234 has received a deposit of 4,000,000.00 yuan. New balance: 31,631,025.32 yuan."
His phone chimed twice in quick succession.
He glanced down and saw two text messages from his bank.
They were notifications for two separate transfers of four million yuan each.
Eight million in total.
With this eight million, his bank balance officially broke the thirty-million-yuan mark!
He also had about fifteen million in his stock account.
His liquid assets alone totaled forty-five million!
And that wasn’t even counting his fixed assets.
There was the 911 supercar and the large villa he had just purchased.
Even calculating the villa at its purchase price, not its current market value...
...his total net worth had quietly climbed to nearly seventy million!
And he had zero debt; it was all pure net worth.
’The threshold for "Intermediate Financial Freedom" is sixty-five million. That means I’ve already reached the level of intermediate financial freedom for a tier-one city.’
Chen Mo silently tallied up his assets, a little surprised by the final number.
He hadn’t even realized he’d become this wealthy.
He had quietly reached the benchmark for intermediate financial freedom.
’According to the Hurun Research Institute, the standard for "Advanced Financial Freedom" is 190 million.’
’Time to set a small goal: achieve advanced financial freedom as soon as possible!’