After dinner, Li Rui took a break while peeking at Chen Qinglian for yoga. It was so painful and happy.

The pain point is that you dare not move around, for fear of making a fool of yourself.

Needless to say, happiness is understood as a man.

At 8:30 pm, Li Rui made a big cup of coffee and prepared several cans of Red Bull.

Today is another sleepless night, and he wants to take a good look at the continued plunge of Green Field Culture.

At nine o'clock, the magnesium stock market on the other end of the earth officially opened.

As Li Rui expected, as soon as the market opened, the stock price of Luye Culture was like standing on a ten-meter jump platform, falling down and splashing countless water.

After yesterday's terrifying 20% ​​drop, many institutions and investors who responded slowly also recovered. After a night of research, they finally understood the report of the Mianshui Company and finally understood that Green Field Culture is a dead child who jumped into a well and has no help!

In addition, the announcement that Greenye Culture has the same as it does not only fail to alleviate everyone's doubts and anxiety, but also reminds everyone that this company is not only stupid and bad, but also lacks public relations methods.

If such a company doesn’t die, who will die?

So as soon as the market opened this morning, everyone who had no time to sell yesterday sold out frantically.

The opening price was 26 yuan, and it fell by 25 minutes later, fell by 24 in half an hour, and fell by 23 in one hour.

It is really too accurate to describe Green Field Culture as a thunder. Although several buyers tried to protect the market during the rapid decline, they were like a small boat in front of the flood gate, which was instantly swallowed by the waves and did not even splash.

Anyone with a discerning eye can see that Green Field Culture is completely over and even the gods cannot save it.

In the Green Field Cultural Conference Room, the big screen is projected with magnesium stock dynamics, and the faces of a group of directors and executives are extremely ugly.

For them, what is falling is not the stock price, but the net worth. Many of them used to be in the tens of millions, but they shrunk by one-third in just two days, but this is just the beginning.

The worst ones are Zhou Changhua and his son, who are the largest shareholders and suffer the greatest losses during the stock price plummeted.

What's even more terrifying is that they used most of the stocks they had pledged and made other investments.

The stock price plummeted means that the stocks they pledged are in danger of liquidation!

The Zhou family and son held a total of 30.6% of the shares of Luye Culture. At that time, they took out 25% of the shares to pledge them to the bank, and the pledge price was 15.3 mg/share.

At that time, the share price of Greenye Culture was still at a high of more than 30 magnesium yuan, and the Zhou family and his son never thought that there would be a risk of liquidation.

Now the stock price has fallen to 23 magnesium, and it doesn't seem to stop at all. If it really falls below 15.3 magnesium, banks can choose to forcefully close the stock and sell it back to cash in order to ensure the safety of their funds.

This means that the 25% equity owned by the Zhou family and son is gone and they lose control of Greenye Culture, which is absolutely unacceptable.

From the beginning, they used everything they could use funds to protect the market desperately. This not only saved the stock price, but also saved control, but also saved their lives.

Unfortunately, all their efforts were in vain, and no matter how much money they invested, they were instantly melted.

After investing 100 million, the Zhou family and his son realized that the decline was an unstoppable trend, and their strength alone was absolutely unstoppable.

Gong Bin, didn’t you say you would invest 30 million to protect the market? When will your funds be in place? Zhou Changhua asked.

Gong Bin coughed dryly and said: Lao Zhou, don’t worry. Where can I get so much cash at the moment? I’m raising money. When the money is in place, I will go to protect the plate immediately!

Zhou Changhua cursed inwardly and said to the old fox, then looked at cfo and said: Lao Qin, where are you?

Cfo laughed dryly and said: I am raising money and asking the chairman to rest assured, and I will take action tomorrow at the latest!

When asked about the others, they all agreed very simply and said they had no money for the time being.

Zhou Changhua was so angry that he seemed to be the father and son who paid for the whole day to protect the market?

He suppressed his anger and said: What do you say about frazerfrost? They have collected so much money, can't they even get any constructive opinions?

frazerfrost is an accounting firm hired by Greenfield Culture. Faced with such a big crisis, they should give advice.

cfo said: Well, Old Thomas is sick. Young Thomas said he is preparing to explain the information documents to Sec, but the firm is insufficient in staff and may take time.

Zhou Changhua said angrily: How long will it take? Can I give them time, sec and investors time?

CFO spread his hands and said: Chairman, when I chose this firm, I said that they are very small in scale, have low popularity, and do not have enough resources in the industry, but you have to choose to save money. Now something happens, we cannot pin our hopes on them!

That was recommended by Rodman Investment Bank! Zhou Changhua shouted, then I'll look for Rodman's people. They promised at that time that there was no problem with making fake accounts. As long as they went to Nasdaq, no one would care. Now this mess is what they made!

Cfo shook his head and said: It is a felony in Magnesium Country, and Rodman Investment Bank will not admit it.

Then what you mean is that we must bear all responsibilities ourselves, and they only charge money and don’t do anything anymore? Zhou Changhua asked.

Cfo didn't say anything, that means it's a default.

At the beginning, Greenye Culture was eager to go public, but it was unable to meet the requirements of Nasdaq in a short period of time. It could only purchase a shell company through reverse acquisition, operated to the magnesium stock OTCB market, and then entered Nasdaq by creating outstanding performance.

Many illegal means were used. Once the sec was investigated, each of them would be enough to go to jail!

Fuck him! Zhou Changhua finally couldn't help but feel angry and burst out completely. He grabbed the teacup in his hand and threw it hard on the ground.

The moment the tea cup shattered, Zhou Changhua felt a sharp pain in his heart, his face turned pale, and his body slowly fell down.

Chairman! Chairman! A group of people flocked to the top.

At the critical moment, the fall of the backbone was like adding another bucket of oil to the crematorium of Green World Culture.

The fire burns more and more vigorously, and even the gods are hard to save.

At 0:00 on November 12, 2010, the lunch break in Magnesium Country closed.

Greenfield Culture's stock price has fallen below the center of the earth, falling below 21 magnesium, breaking yesterday's record of decline, and also attracting Wall Street's focus.

Many people are calling on Sec to launch an investigation into Greenfield Culture.

Sec probably couldn't stand the decline of Greenye Culture. Finally, he sent a letter to inquire about the report of the Mixed Water Company and asked Greenye Culture to provide valid and legal financial reports within three days!
Chapter completed!