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"Harry, the other side hasn't thrown in the towel yet, which ans they must still have so inventory left, but we don't have any cash left!"
Hein Howell said, looking at Harry Sinclair.
Harry Sinclair had been there all afternoon and had naturally witnessed the whole process. He said, "Don't worry, I will raise the cash tonight. If we didn't finish them off today, it's their good luck, and it ans we underestimated Donnie Block before. But judging from their performance this afternoon, it's clear they're running out of steam. Maybe tomorrow will be the real showdown!"
Looking at Harry Sinclair's assured expression, Hein Howell was actually worried whether this was really what Sinclair was thinking, or if Sinclair's unusual state of mind today had influenced him!
Regardless, the war had co this far, and it was impossible to give up and stop moving forward at the last shudder.
That evening, Harry Sinclair sought out Jas O'Neal and Robert Stewart, who were still in New York to watch this short-selling battle.
Under such circumstances, if Harry Sinclair wanted to raise funds quickly, he had no choice but to seek their help.
"Gentlen, as you saw this afternoon, Donnie Block's side clearly doesn't have much inventory left. Trust , this ti Donnie Block is definitely going to lose!"
However, Jas O'Neal and Robert Stewart were not as readily agreeable to Harry Sinclair's plea for help as they were the last ti.
After exchanging glances, Robert Stewart said, "Harry, what if, and I an if, all of this is part of Donnie Block's plan? What if he's making you think this way on purpose, with the goal being to drain all the cash from your hands? Have you thought about the consequences?" Discover more content at My Virtual Library Empire
"That's impossible!"
Harry Sinclair imdiately countered, "Donnie Block's private liquor business is indeed very profitable, but don't forget, our investigations have shown that all the profits Donnie Block is making from the liquor business are being used to pave his relationships. It's impossible for him to have that much cash on hand, and most importantly, the cash that Donnie Block is making from the liquor business is not clean.
The whole country is watching this short-selling battle. If Donnie Block dares to enter the market with that money, it is bound to trigger an investigation. He couldn't possibly fail to predict this!"
Jas O'Neal also tried to persuade him, saying, "Harry, even if what you've said is true, you've already put up two million US Dollars for this matter, plus the one million US Dollars from your company's board of directors. That's three million US Dollars now.
What will you do if the short-selling battle fails and Sinclair Oil Corporation's stock plumts?"
By then, Harry Sinclair had completely entered the mindset of a gambler and wouldn't listen to their advice. He firmly believed, "That's impossible. I'm only one day away from victory. Trust , as soon as my funds are in place tomorrow, then Donnie Block will definitely lose.
At that ti, Sinclair Oil Corporation's stock price will surely soar, and I will be able to quickly repay both of your debts!"
Both n silently shook their heads, now harboring the thought of not wanting to help Harry Sinclair.
However, as a team with shared interests, and after Harry Sinclair's persuasion, in the end, they both agreed to put up another two hundred thousand US Dollars each to help Harry Sinclair.
Unsatisfied with this four hundred thousand dollar loan, Harry Sinclair hoped they could offer more, but no matter what he said, they refused to agree again.
And as Harry Sinclair was about to leave, Robert Stewart spoke up again.
"Harry, although we are friends and it is right for friends to help each other, the amount of money you borrowed this ti is too much. Therefore, we hope you can use Sinclair Oil Corporation's stock as collateral!"
Harry Sinclair was briefly stunned, then imdiately agreed to their request, saying, "No problem!"
After Harry Sinclair finished writing the IOU and left with the two n's checks, he returned to his hotel and handed over the checks to Marx Quinn, instructing him to deposit the money into their account as soon as the bank opened the next day.
After Marx Quinn left, Harry Sinclair called up the mbers of Sinclair Oil Corporation's board of directors.
Four hundred thousand US Dollars did not seem secure to Harry Sinclair, who decided to borrow a bit more to ensure his victory over Donnie Block tomorrow!
Like Jas O'Neal and Robert Stewart, those directors, who had unconditionally trusted Harry Sinclair at the beginning, had also been told by Sinclair that Donnie was on the verge of collapse.
But now Donnie was still holding on, while Harry Sinclair was the one finding it hard to keep going and needing a second round of support!
This was a situation that required consideration from everyone!
It's like borrowing money from people: the first ti you ask, everyone is willing to lend to you, but if you start asking for a second loan before you have repaid the first, everyone will start to think twice!
Fortunately, Harry Sinclair's reputation had been fairly solid up to that point, so in the end, the board agreed to inject another sum of money into the company.
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