The Chief Technical Officer said, “It can be done yes, but if this kind of demand is more frequent, it will have a certain impact on the satellite’s original filming mission.”
Steve put down his heart, buy this business, is not prepared to rely on it to make money, can let Ye Chen use smooth is the best, mainly these satellites must be in the sky non-stop turn, or else he would rather all the satellites are running to the Ye Chen concerned about the location of the sky 24 hours a day non-stop filming, as for the company’s original business counts for a egg, a dime does not earn is also completely acceptable.
Thinking of this, Steve then looked towards the Chief Financial Officer and spoke, “Next, let’s introduce the financial related situation.”
The CFO respectfully said, “Mr Rothschild, our Skyline has currently gone through four rounds of financing, with a total financing amount of six hundred and seventy million dollars, the most recent financing was at the beginning of last year, with a financing amount of three hundred million dollars, and our annual revenue last year was two hundred and thirty million dollars, with a negative net profit of fifty million dollars, and with this year yet to be over, the revenue is expected to be at theTwo hundred and seventy million dollars up and down, the net profit is expected to be negative one hundred million dollars, this is mainly because of this year’s hardware investment is relatively large, later I will introduce you in detail in the fixed assets, next I want to introduce you to our cash reserves, foreign investment, and equity situation, if you have any other questions, you can also feel free to ask me.”
Steve waved his hand, looked at Karl, and said seriously, “I have limited time, too much detail, let the professionals butt in later, I’ll talk about my acquisition needs, and then let’s set a price, and move forward with the core issues directly, what do you guys think?”
Carl immediately said, “No problem, we’ll go at your pace.”
“Good.”Steve nodded: “I came before I probably asked around, there are relatively professional people for me to assess the valuation of your company, probably in the range of three billion to four billion dollars, but you also know that the valuation of this thing is very false, even if your valuation can be up to four billion dollars, that’s only when someone else invests in you for the price, I think that your prospects are not bad, there are four billion dollars to invest in you, I think that you are not bad.I think your prospects are not bad, there are four hundred million dollars to invest in you, for you 10% of the shares Bo a future, but this four hundred million dollars is not possible for you to put into your pocket, but put in your company account for the development of the business, you if you want to put into their own pockets, it is not an investment, but a private equity transactions, in that case, the valuation of three billion won’t be willing to someone;”
Said here, Steve added: “But I can give you a condition that you can’t get anywhere you go, your company, I will directly acquire it at five billion dollars, this five billion dollars, I can directly give you two and a half billion, so that you can immediately become a real billionaire;”
“Then, all of you shareholders have to stay here to continue to help me run this company, I don’t give you extra pay, but I will give you the rest of the two and a half billion dollars in the next three years, three years expired, if I still need you to stay here, we will renegotiate the conditions at that time, if you can accept it, you can go directly into the acquisition process today, if you can’taccept it, I’ll go back to New York, this offer is valid for three days, you guys call the other shareholders to discuss it together, if you change your mind, contact me within three days.”
