Reclaiming Her Heart
Chapter 337 the Fair family might go bankrupt

Selena's forehead furrowed even tighter, but the information only stated that there was a $5 billion collaboration with the Fair family without specifying the details.

She felt an immediate sense of urgency. What kind of collaboration could require a cash flow of $5 billion?

During the last round of financing, the Montague family didn't invest $5 billion; this project was even larger than the funding.

Selena's heart pounded, and she couldn't sit still any longer.

She called Caterlington, who had recently acquired Mr. Wright's company and should have a better understanding of PW Group than Shelley.

When Caterlington received her call, he was in a meeting, twirling a pen between his fingers. "Selena, you're being a bit much, don't you think? Only calling me when you need something, and ignoring me when you don't?" "Mr. Walsh, I just want to know what kind of project PW Group has undertaken." Selena asked.

Caterlington leaned back and chuckled. "What's the matter? Did your family's company sign a collaboration with PW Group?"

"It seems so. My father is still in the hospital, and the collaboration was arranged by his assistant. He must have obtained my father's seal," Selena replied.

Caterlington narrowed his eyes. "PW Group previously approached the Montague family, but I heard they blacklisted them. Said it was a deceitful company full of scams. It does have many talents and a wide network, with a large number of internet trolls. They even made it onto the Forbes list before. But as you know, those rankings are manipulated by capital. They simply look at a company's revenue and rank them randomly. Raymond himself has been around Silicon Valley, so he should have seen through PW Group's tactics a long time ago a use of contract loopholes to bankrupt small and medium-sized enterprises. That's why I heard the Montague family blacklisted PW Group." Selena's heart skipped a beat. "How do they force bankruptcy?"

Understanding her urgency, Caterlington explained further. "Based on their previous pattern, let me guess boldly. the Fair family sells paint, but the price of paint fluctuates with the prices of other raw materials, possibly by a twenty percent difference between the beginning and middle of the year. PW Group is most skilled at convincing these companies to sign agreements to buy their paint in the coming months at a fixed price. For example, three hundred dollars a barrel. If, after three months, the paint is priced lower than that, your company makes a profit from the market difference. It appears to be problem-free, right?"

Selena nodded, acknowledging that this was indeed the case, at least until this point.

"But they usually sign orders on a large scale, exceeding the maximum capacity your company can handle. For example, they might sign a ten billion dollar deal over three months with you. However, even if you work overtime, you still won't be able to produce that much paint. That means you would violate the agreement and need to compensate them with twenty billion dollars. Most companies would try to squeeze their employees, pushing them to achieve the target quantity. But PW Group has the most adept algorithm master. The project they signed is impossible for your company to produce, no matter how hard you try. In the end, you will end up losing money," Caterlington explained, the tone in his voice casual. "How many orders has your company signed with them?"

"Fifty billion dollars," Selena answered.

Caterlington's expression instantly turned serious. He chuckled lightly, "As far as I know, the Fair family's second round of financing didn't seem to reach that amount. Did Raymond intercept all your orders recently, causing extensive losses to the company, leading you to take this gamble?"

Caterlington's words happened to align with what the board members were considering.

Though they understood that fifty billion dollars in orders were substantial, it also brought

The company's regular two-year production cannot possibly be completed within six months.

However, due to the Montague family intercepting all of the company's clients, there has been no business for nearly half a year, causing everyone's panic. The PW Group's contract arrived just in time.

Making the factory employees work to death is better than everyone being idle, as the company may face bankruptcy.

In addition, with Beatrice strongly in favor of Kenny, the contract was approved.

But Selena still doesn't know the details, and for now, she only knows one thing.

And that is that the Fair family has gotten into a big trouble. They might go bankrupt by accident.

She remembered what Raymond said, that the Fair family's bankruptcy has nothing to do with him.

After hanging up the phone, Selena's eyes flickered, and she completely calmed down.

She realized that being anxious now was useless. She had no right to interfere with the board's decisions; she could only hope for her father to wake up.

At this moment, Raymond was sitting in the Montague family's office, with the city's lights shining behind him.

John came in with some documents and couldn't help but add a few words, "Sir, I heard that PW Group has signed a cooperation agreement with the Fair family."

Raymond didn't even bat an eyelid.

John continued, "Fifty billion dollars. That's the Fair family's two-year order volume, and they have to complete it within six months, or they will face compensation claims, and the Fair family might go bankrupt." Raymond calmly lifted his head and put down the pen in his hand. "Is there nothing else you have to do?"