Chapter 857 - Explicitly Threatening the Bank

Parker couldn't understand Niu Xiaoqiang's motives, as long as he wasn't a fool, he knew that he would never be able to join Packard Automobile Company at this time, so did the young Oriental man in front of him have a bad brain? Or did he have enough strength to support the Packard Automobile Company that was about to end?

Niu Xiaoqiang smiled slightly: "I am a businessman, since I am doing business, I must take a certain amount of risk, maybe other people are not optimistic about Packard Automobile Company, but I don't think so, I think this company is still very potential, the reason why it will fall into such a predicament today is because it did not meet a good leader, it will be different in the future, with my support, this company will definitely get through the current difficulties, rejuvenated." ”

Parker saw that Niu Xiaoqiang was so confident, and thought that Niu Xiaoqiang was a rich big boss, and he thought to himself: Could it be that the new boss of Packard Automobile Company is here to repay the loan?

"Mr. Niu, your courage is admirable, in the face of such a predicament, others are probably already worried, but I didn't expect Your Excellency to be high-spirited, I wish Your Excellency early success. ”

Parker's smile became brighter as he spoke: "I wonder when you are going to dispose of the loan from Packard Motor Company?"

Niu Xiaoqiang smiled slightly: "I came here today to talk about this, this is the strategic plan I made for Packard Automobile Company, and I also invite Mr. Parker to take a look." ”

Parker took the strategic plan with a puzzled look on his face, and thought to himself: Why are you letting me see this?

In order to get the loan back, Parker couldn't refuse, he looked at it patiently, then raised his head and said with a smile: "The plan made by Your Excellency is very operable, as long as it is implemented steadily, I think Packard Automobile Company will soon be able to get out of the predicament." ”

Niu Xiaoqiang nodded: "Naturally, although I have formulated a follow-up development plan, there is a very big problem that I have to face, this problem is the huge loan owed by Packard Company to your bank. ”

Parker said: After talking about it for a long time, you finally got to the point.

"I wonder what Your Excellency thinks about this?"

"I would like to negotiate with your bank to extend the repayment period of the loan for one year, as long as I am given one year, I promise to repay the money. ”

Parker was stunned for a moment, he originally thought that Niu Xiaoqiang was here to repay the money, but he didn't expect that not only did he not repay the money, but he also asked the bank to extend the repayment date of the loan for a year, which was something Parker couldn't accept.

He quickly came back to his senses, frowned and said: "Mr. Niu, the repayment period of this loan has been extended for half a year, because of this matter, I have been criticized several times by the regional president, if Packard Automobile Company continues to delay, it will be difficult for me to keep up with the explanation, please forgive me for my difficulties?"

Niu Xiaoqiang had long expected that the other party would not agree to his proposal, and he continued to smile: " Mr. Parker, Citibank is strong, and it will not be in trouble because Packard Automobile Company has defaulted on a loan of 37 million US dollars, this money is really only a small amount for your bank, but it is an astronomical amount for the current Packard Automobile Company, and it is not a secret that we are currently unable to repay this loan, if you insist on going into bankruptcy liquidation of Packard Automobile Company, it will definitely be your bank that will suffer in the end, even if Packard Automobile Company goes bankrupt, you will lose at least 30 million US dollars or more, in this case, why not give us a chance, so that we can both reap satisfactory results?”

Parker's face was a little ugly, and he had long been mentally prepared to forcibly liquidate Packard Motor Company. Although this will cause losses to the bank, it can at least partially stop the loss.

The bank is not engaged in charity, every loan needs to be executed in accordance with the contract, if it is delayed for too long, the loan will be included in the ranks of bad debts, which has a very bad impact on Parker.

In order to defend his interests, Parker had to stick to his principles: "Your Excellency seems to be a bit alarmist, as far as I know, Packard Automobile Company has some patented technology in its hands, and the reason why I promised to lend them at the beginning is because of the existence of these patented technologies, as long as we sell these patents, we can recover at least $30 million in principal, but Your Excellency said that we will lose more than $30 million, isn't this alarmism?"

Parker was a little unhappy, he felt that Niu Xiaoqiang was threatening himself and wanted to compromise himself by intimidation. As long as he is a person, he will not like to be threatened by others, so Parker's mood is understandable.

Niu Xiaoqiang had already made sufficient preparations for this, and he took out the third document. This document is the patent licensing contract he signed with Karina last night. In order to force the bank to comply, Niu Xiaoqiang specially asked Kailina and asked Kailina to add some special terms to the contract.

"Mr. Parker, you can take a look at this, and you'll see why I'm saying that. ”

Parker picked up the contract and looked at it with a puzzled face, and soon his face changed greatly, he slapped the contract on the desk at once, stood up and pointed at Niu Xiaoqiang and roared: "You are shameless to do! I'm going to sue you!"

Parker was so angry because the contract included a clause that the Hunter Company would have the exclusive right to market the patents for one year, during which time the patents could not be transferred or sold to any other person or company, otherwise Packard Motors would be liable for breach of contract in the amount of $30 million, and in return, the Hunter Company would guarantee that Packard Motors would make $5 million in profits from the patents within one year, otherwise the Hunter Company would also be liable for $30 million in damages。

This clause is equivalent to locking up Packard's patented technology for a period of one year, which is clearly deliberate, mainly to threaten Citibank and force the bank to agree to the request for an extension of the repayment period.

If the bank does not agree, even if they forcibly liquidate the assets of Packard Motor Company, they will not be able to stop the loss in time. It would be better to extend the repayment period, or at least give Packard a chance that if the family makes $37 million in a year, there will be no loss of principal in the bank.

。 m.