On Laurel Canyon Boulevard in North Hollywood, Judith began her busy day as soon as she arrived at work.
First, she submitted approval documents for a loan, and then she called several people whose loans were about to expire.
Bank work looked stable, but it was busy as hell all day long.
What was worse was that she handled large sums of money every day while being dirt poor herself.
After making two collection calls, Judith saw the names Sand Sea Entertainment and Ronan Anderson and frowned slightly.
Normally, there was no need to collect on a loan that hadn’t expired yet, but in special circumstances, according to the contract’s remarks clause, the bank could issue a collection notice or even withdraw funds early.
The repayment ability of Sand Sea Entertainment and Ronan Anderson?
Judith couldn’t help but shake her head; she estimated that it wouldn’t be long before both went bankrupt.
Fortunately, it was a mortgage loan signed at the time, with the loan amount being only seventy percent of the value of the collateral.
Whether it was the property or the film copyrights of Sand Sea Entertainment, they were all considered good assets.
This loan shouldn’t become a bad debt in her hands.
By the way, Ronan Anderson said he was coming over to repay the loan today?
Sand Sea Entertainment hadn’t produced any films recently, and even the employees were almost all gone.
What was Ronan Anderson using to repay the loan?
Surely he wasn’t going to let the bank seize the film copyrights and that apartment early, right?
Five minutes later, Judith met Ronan and was slightly surprised.
When they last met, this young man had hair like a bird’s nest and looked completely decadent, just like a homeless person on the street.
But now?
Ronan Anderson’s hair was neat and clean, his face was bright and spirited, his Armani suit set off his imposing figure, and the plain glasses on his face shielded his sharp gaze, adding a touch of maturity.
This was a total hunk!
Judith’s gaze was completely drawn to Ronan, so much so that she ignored the woman in her forties.
“Hello, Ms. Judith.” Ronan greeted her politely.
“Uh…” Judith quickly withdrew her gaze.
“Hello, Mr. Anderson.”
Ronan said casually, “I’m here to handle the loan repayment matters for Sand Sea Entertainment and myself.”
Judith was even more surprised.
“You want to repay the loan early?”
Ronan didn’t waste words with her; he pulled out a chair, sat down, and said, “I will pay off both loans in full, including interest up to today, in one go.”
Judith was stunned; this was completely different from what she understood of the situation.
“Is that not allowed?” Ronan said formulaically.
“I remember the contract allows for early repayment.”
Judith quickly snapped back to reality.
“Ah, yes, early repayment is allowed.” She couldn’t resist her internal curiosity.
“You… you raised the money?”
Ronan shrugged slightly.
“Of course, how could I repay the loan without money?”
Judith steadied herself, threw away the surprise, and asked tentatively, “Where did you raise the funds from?”
Ronan said calmly, “Don’t worry, the source of funds is completely legal. Everything else is a trade secret; please forgive me for not being able to disclose it.” He looked at Marie.
Nearly an hour later, Marie had completed all the procedures, and Ronan prepared to take his leave.
He took the initiative to extend his right hand and shook hands with Judith.
“I hope I won’t receive any more collection notices from you in the future.”
Judith put on a professional smile.
“I hope so too.”
Ronan took Marie out of the meeting room but didn’t leave the bank; instead, he went straight to the elevator.
“Is everything okay?” he asked in a low voice.
Marie replied immediately, “No problem.”
Ronan pressed the elevator button.
“We’re going to see the loan officer.”
After being busy all morning, Judith received news from a colleague that Sand Sea Entertainment and Ronan Anderson, who had just repaid their loans, had found the loan officer and applied for a 3 million dollar mortgage loan.
“How is this possible?” Judith couldn’t believe it.
Her colleague said, “Why wouldn’t it be possible? Ronan Anderson repaid the loan early, has good credit, and has proven his repayment ability; reapplying for a loan is completely in accordance with procedures.”
Judith shook her head.
“That’s not what I meant. He only just repaid the loan today.”
The colleague leaned in and lowered their voice.
“I asked the director’s assistant; Ronan Anderson showed the director proof of funds of ten million dollars from Bank of America, and continued to use the film copyrights and property as collateral, which is why the director approved this loan; the rest is just going through the motions.”
Judith was completely stunned.
“Ten million dollars?”
“Yes.” The colleague sighed and gently patted Judith on the shoulder.
“You’ve lost a big client; otherwise, the commission from this loan…”
At this point, the colleague couldn’t help but shake their head.
Judith bit her lip; Sand Sea Entertainment had always been her client.
“Did I misjudge Ronan Anderson and Sand Sea Entertainment?” she murmured.
Leaving the bank, Ronan went to the Los Angeles branch of Merrill Lynch Securities, finalized an Agent with high credit, and signed an agency agreement.
He didn’t need the other party to provide advice; he just needed the Agent to buy and sell according to his requirements.
Stock brokerage commissions operated on a flexible mechanism; the higher the invested capital and the greater the trading volume, the lower the commission rate.
Ronan’s targets were mainly two—Yahoo and Cisco.
Before investing, he had conducted detailed research.
Yahoo’s opening price in February was $64, and the monthly peak was $74.
After Cisco’s stock split last year, the stock price was only $5, and now it had risen to nearly $14.
Without a doubt, these two were very hot stocks, with all kinds of positive news emerging one after another.
In his previous life, Ronan didn’t specialize in stocks, only remembering some common knowledge.
At Cisco’s peak, it seemed to have sat on the throne of the world’s highest market capitalization, and Yahoo was not far behind, but eventually, it declined after reaching its zenith, and it seemed the brand didn’t even exist anymore.
When exactly did it crash?
It must have been after 2000, but how long did it hold up after 2000?
Ronan had no idea.
This decided that he couldn’t manipulate every stock; he could only let the stock Agent gradually buy in these two stocks and then exit before 2000 when the market was still relatively stable.
After 2000, the risk factor increased exponentially, and it was estimated that there would be no shortage of big players inside and outside the industry watching; any disturbance could cause huge changes.
Ronan planned to invest the 6 million dollars raised in Abu Dhabi and the 3 million dollar bank loan into the stock market as soon as possible, in the form of corporate and personal accounts respectively. This story is hosted at g.com.
In addition, he left 1 million dollars as emergency funds.
Unfortunately, given his qualifications and conditions, he couldn’t establish a fund for the time being; otherwise, investing would be more convenient.
Placing buy orders in the stock market, with 9 million dollars in funds entering the market in batches, wouldn’t cause too many ripples.
“Mr. Anderson.”
Before leaving Merrill Lynch Securities, the stock Agent shook hands with Ronan.
“Your needs are our pursuit.”
Ronan was very polite and said with a smile, “You’re welcome, I hope this will be a pleasant cooperation, Scott.”
The stock Agent named Scott shook his hand firmly.
“I just transferred from Pennsylvania to Los Angeles. It is my honor to meet a client like you and to serve you.”
Ronan nodded and just said, “Happy cooperation.”
It was undeniable that money could change too many things in this world.
When he arrived at Merrill Lynch Securities, he just roughly stated the investment amount and received the highest level of treatment.
Scott said with a smile, “Happy cooperation.”
You don’t easily come across a big client like this.
Leaving Merrill Lynch Securities, Ronan asked Marie to return to the company first, while he went to the car market and bought a brand new cadillac.
After returning to the company, he looked through the work log to determine the next steps.
He needed to hurry up and recruit a director for the purge.
Once he had a director, he would then assemble the corresponding behind-the-scenes team, and even the main actors.
The script needed to be revised.
The previous first draft looked good, but it was more for fooling the Arabs into investing; it didn’t fully meet the requirements for filming.
He could revise this script himself, and after hiring a director, he could also appropriately consider the director’s opinions.
Oh, and the blog writing plan; this could be postponed a little for now.
Then there was the network of connections.
Currently, the main business was film, and connections were very important in Hollywood.
Although Old Anderson was conservative in his dealings, he handled his connections well and had some fame in the industry.
However, young Anderson was young and arrogant, thinking that ability and talent could break through all obstacles.
From the moment he took over Sand Sea Entertainment, he had almost thrown away all of Old Anderson’s network of connections.
These not only had to be picked up again but also further expanded.
How to expand the network of connections in Hollywood?
The most basic approach was to frequently participate in banquets and parties.
Many banquets and parties were filled with investors, producers, directors, actors, and Agents.
The initial intentions for some projects were often established during these social interactions.
Ronan notified Marie again, asking her to look for suitable industry parties.
After sorting out a clear plan, it was almost nine o’clock in the evening when Ronan got off work.
Back at the apartment, he spent another three hours revising the script for the purge.
Starting a business is hard and full of troubles.
Even as a reborn person, even with the advantage of foresight, hard work and dedication were still necessary.