The Alpha's Mysterious Mate ( The Fate Series Book 1)
Chapter 62: On The Verge Of Bankruptcy
Peter's POV:
That afternoon, we heard Anita talk about what happened to Nelson in the dining hall.Anabel had gotten into a car chase with Ted right after he attacked her.
I should have seen it coming after he escaped from prison.Fortunately, Anabel survived the fall and was recovering now.
I made sure to send more people out to find Ted.
"Alpha, Luna, we have a situation.There is some bad news about our company.Our stock price has plummeted."
David rushed into the dining hall.
"What? That's impossible..." I was at a disbelief.
Just then, my phone rang.
"Alpha Peter, your company owes us money.When will you be able to pay us back? I heard that your company is about to fall into bankruptcy.I'll give you one week to pay up.Otherwise, we will have to take legal action."
It was the CEO of one of our partner companies.
As soon as he hung up the call, several partners also started calling in, asking us to pay back their money as soon as possible.
I headed back to my office to find out how we got into this mess.
My heart sank when I realized that the entire pack had been too busy saving me, so much so that there was no one experienced enough to keep the company afloat.
Someone had also leaked to the press that I had been kidnapped.
Because of my absence, our potential investors had held back their money, therefore creating a large gap in our capital chain.
Now, we wouldn't be able to pay our debts and the company was on the verge of going bankrupt.
"I'm sorry, Peter.What are we going to do now?"
Guilt was written all over David’s face.
It was David who was left in charge of the company affairs while Alvin and I were away.
"Stay calm, David.First, we need to do our best in reassuring our investors and partners that I am fine.We will ask them to give us more time.Meanwhile, I will try to get us a loan."
I spent the rest of the afternoon at the bank.
The company needed a lot of capital to stabilize the situation first.
However, the bank found out that my company's stock price had plummeted, and they rejected the loan request.
To clear the air, I held a press conference, proving to everyone that I was safe now.
But it seemed that the reporters were only focused on proving whether I did get kidnapped before.
"What if we sell some of our assets, Peter?" my father suggested.
"I don't think we should.Even if we do sell some, the money would still not be enough to balance out the deficit.Not to mention the panic it will cause amongst our partners when they see we are selling our assets.It will only worsen our situation."
Serena then entered the office with a guilty expression on her face.
"Peter...It's all my fault.I already read the report yesterday and felt that something was wrong, but I didn't take it seriously..."
"Honey, it's not your fault.I had been gone for a long time, and it would be unreasonable to expect you to manage an entire company without any experience.As for our plummeting stock price, I suspect that someone is behind this."
"Well, how much money do we need right now?"
as we buy ourselves some
frowned and seemed to
rest for now.Things might not be as bad as they
my parents out
600 million dollars in such a short amount of time? It was difficult for me, but I had no choice but to swallow my
needed
were hesitant to
had promised to lend me a few million dollars in
compared to the amount I really needed, it was just a drop in the
I was finally about to admit that I was at a loss, I had
It was from Camille.
me at this time? After letting it ring a few more times in my
saw the news
a situation right now.We're having problems with our capital flow and are in danger of
and grandpa for help,
would be amazing, Camille.Thank you
family was one of France's
They were undoubtedly rich.
company at this time, we would definitely
and the elders to tell
absolutely bring us out
Aquitaine family and see if they are willing to invest in our company, Peter, "
and I will
you.I think having both the Alpha and Luna visit them would show our deep
us will fly to France as soon as
Serena's POV:
couldn't believe that the company would face a huge setback in such a short
dollars to
was the trust fund that my parents
from powerful families and had a
something we had to do to stay under the
were able to save a lot of
they had set was that I should get married to my mate before I could
I had already held our
be able
had left me, which was why I
authorization letter and handed it to the pack’'s resident lawyer, asking him to get some more information
evening, we flew
already sent
Aquitaine have been waiting for
was from the Silver
estate was larger than the entire territory of the Red
Camille's family engaged in several industries, but their main sources of income came from their wineries,
Aquitaine family descended from a man who had been
he grew to be a powerful and
recall what Camille told me
would choose a Luna, it was common knowledge that he should marry a woman from a family of equal social
Luna's family should be just as rich as that
like complete and utter bullshit to me! No one could choose what kind
noble family did not mean I
I was
the arrangement of
was the ultimate authority
our car had stopped and we got off
the tallest and grandest castle in the
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