Chapter 646 One Idea Makes Three Money

The 8 people from Noda Securities, including Noda Koji, the boss who took refuge in Li Changheng.

Hearing that Frank ordered them to rent an office space, and if the work satisfies him, he would consider giving them the promise of renting the slot machine at the Caesars Hotel, and shouting 'Long live' to those who are excited.

Then a group of people immediately picked up the phone and called their intermediaries or friends on Wall Street.

Half an hour later, eight people bowed to Frank in twos and threes, and after he nodded in agreement, they quickly went to Manhattan with their briefcases.

Soon Frank was sitting alone in Noda Securities in a good mood, thinking to himself, this guy of archipelago origin doesn't know how capable he is.

But the attitude of bowing and saluting at 90 degrees every now and then, might be able to have a miraculous effect when used to deal with those 'red necks' who are not high in status and desperate for face.

Then I thought about what Li Changheng said yesterday about using tourists to drive the second subletting of slot machines, and I admired Li Changheng even more in my heart.

After all, although the 10-year contract signed by the offshore island company controlled by Belford Investment Company and Caesar Hotel is 5 million a year.

But in fact, the two people's original goal was not to make a lot of money, but to set their minds on the specific number of years of 3 years.

350 machines cost 5 million a year, and the annual cost is 14,300 U.S. dollars, but the three-year contract of 50,000 U.S. dollars rented out here can recover 17.5 million U.S. dollars.

This amount is enough to rent almost 1,450 slot machines in two other large casino hotels and three medium-sized hotels in Las Vegas.

Including the 350 machines in the Caesars Hotel, if the entire 1,800 machines are rented out again, it will be 29.4 million based on 16,330 US dollars.

And the cost only needs 24 million.

Of course, with only a profit of 5.4 million US dollars, let alone Li Changheng, Frank would not even look down on him.

Because this is only calculated based on the rent of the first batch of 40 machines, plus the arrival of a large number of customers, you can also get a kickback from the hotel.

These rebates are almost enough to maintain the labor and electricity costs of the slot machines, and then wait for the 40 machines to be rented out, so that people can see the benefits.

For the other 310 units in the Caesar Hotel, there is no problem with doubling the increase.

See you then, it will not be 29.4 million US dollars in revenue, but 58.8 million US dollars, even if some necessary expenses for buying various officials are deducted.

There are not enough customers every year and every season.

After deducting 8.8 million US dollars, it is 50 million a year, and then deducting the cost of renting slot machines of 24 million US dollars, the business with a net profit of 26 million US dollars a year is only the first income of this business.

A successful, even hot, brilliant example, plus a net profit of $26 million per year.

According to most financial companies on Wall Street, they use a price-earnings ratio of 20 times. In an instant, the market value of Belford Investment Company can be changed from an 8 million leather bag company to a medium and large investment bank with a market value of 520 million US dollars.

Not only did the money come quickly, but it was also completely legal, not to mention the market value of the Caesars Hotel, plus the other two large casino hotels, it was only about 500 million US dollars.

And this is just the second way to make money.

Once the reputation of Belford Investment Company becomes famous, it will become easier to use other junk stocks in the future, whether it is to fool Americans or islanders.

As for the saying that since the market value is 520 million, he should protect his reputation, Li Changheng hides behind, and Frank doesn't care.

Even while the business of junk stocks is legal, it is actually much better than the reputation of slot machines to a certain extent.

After all, Wall Street and finance are by no means comparable to Las Vegas.

Moreover, not all junk stocks are completely junk, and you will always find pearls in them, or you may encounter pearls by chance.

Or simply use NASDAQ's blue-chip stocks with junk stocks, and then exaggerate future earnings to fool the middle and low-level people in the United States and island countries.

Of course, for this exaggerated income, one must first ask the lawyer to what extent is a reasonable range.

And the customer base, at least in millions.

Once someone boards the boat, those who lose money will give up immediately. Anyway, as long as they are willing to spend money to find new customers, whether the new leeks will be hooked is just a phone call.

Besides, the signboard of a Wall Street investment company is still very convincing to those middle and low-level Americans who may not have graduated from high school.

Not to mention that the islanders adore the United States in this day and age.

Thousands of islanders who are deceived a month are scattered to dozens of cities in the island country, and will not be reported by the media for at least a few years.

If it's public relations again, the contract is legal, and even the US official power is used to suppress it, the media in the island country will not dare to report it.

Even if there are real people, or when the island country protests, the investment company is just a recommendation, with a formal contract and a team of lawyers, there is no fear of a lawsuit.

Even the U.S. officials will 100% secretly support Wall Street to fool the islanders with money if they do not find out that the investment company is illegal.

As for the inside of the investment company, whether there is someone operating in the dark, or other problems, will not directly cause the company to go bankrupt.

A damaged reputation and a significant drop in business are inevitable.

But the trading of junk stocks, even after decades, still exists.

As long as the company does not fail, Li Changheng stands behind to offer ideas, and there are still many ways to save the company.

And for those customers who have made money by investing in the company, it is not only easier to fool them again, but they can also increase their investment easily.

Continuous trading means that Belford Investment Company can continue to earn real dollars by charging transaction fees, not the pile of stocks in the stock market.

And this is the third source of money that Frank values.

As for Li Changheng's goal, it's even simpler. There will be more customers in Las Vegas. Once it becomes more profitable, the land of Atlantic City can easily become fragrant again.

Therefore, if Frank was given a month to earn 100,000 US dollars yesterday, it was a test, but in fact it was just forcing him to focus on investing in the company.

Li Changheng himself intends to negotiate with New Jersey congressmen today.

Take the opportunity to take all the land on the beach in one fell swoop and complete all the procedures.

In the afternoon, Frank went to meet with the person in charge of the New York Stock Exchange Building, and talked about renting an office space on the 18th floor of the building with an area of ​​350 square meters for the headquarters and contract of Belford Investment Company.

Li Changheng was already on his yacht, waiting for the helicopter to pick him up.

Five helicopters landed on the yacht successively, and the negotiations with seven congressmen from New Jersey, four congressmen from New York, and three representatives from the Virginia military went smoothly.

After all, the Atlantic City deal had been negotiated four months ago.

However, Li Changheng didn't fulfill all of his promises right away.