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Chapter 1767 Why don't you be a leek

"Hundreds of box game stores have declared bankruptcy!" This is the second day, with many big titles on the media.

The content is also very simple. In one day, hundreds of franchisees from companies and box games have successively declared bankruptcy.

This news shocked the entire world market. The box game store that was in full swing this day ago, and how could a magical incident of hundreds of franchisees closing down in one day?

So many news media immediately started interviewing Box Games, but all of them were rejected.

In fact, Box Games is also quite confused now, and they don’t understand why hundreds of franchisees go bankrupt collectively. This is unscientific!

However, the fact that some franchisees' bankruptcy notices were sent to Box Games is unquestionable.

According to the statements in these bankruptcy reports, all of these franchisees had no more money on the books and could not maintain the operation of the store, so they went bankrupt.

This is normal. If you have no money, you will go bankrupt!

But hundreds of companies went bankrupt at the same time, which was a problem, so the box game store immediately began to allow these franchisees that declared bankruptcy.

Some franchisees directly hung up the phone number of Box Games, but some franchisees still answered the phone and told Box Games in a very stiff tone that they had no money and had to go bankrupt.

"We have just borrowed a lot of money to you, and you have made a lot of money. How come you have no money!" Box Game asked angrily.

"You have already gone back to your loan, and even the money we have earned has been returned to you."

"But you have made money by selling games recently!"

"What we sell is basically our inventory, so all the money is returned to you. In addition, you also ask our store to redecorate, change work clothes, re-train employee training, etc. These all require a lot of money. The little money I earned in the first two months has been spent on it!"

"Then you can't grit your teeth and persevere? If you persist for a few more months, you will be rich after sharing the money. Why are you declared bankrupt now?"

"Can you make money by perseverance? You only give us 10%. Even the rent of the store and the salary of employees are not enough. If we work for a month, we will pay for a month. Wouldn't that be more done, the more we will pay?"

"Do you Microsoft really think we are fools?" These franchisees hung up the phone angrily, making the staff of the box game store stiff.

But this is just the beginning. The next day, when the Box Games Store started to deal with these problems, more than 400 franchisees sent their bankruptcy notice to the Box Games desktop.

"This is a conspiracy! These guys are threatening us with bankruptcy and modify the share ratio. We will never agree!" At the next high-level meeting, a senior executive shouted loudly, "We must not act on their plan. If we go bankrupt, we will go bankrupt. At that time, they will lose. They will have nothing except carrying a lot of debts. If they really go bankrupt, they will not get any benefits!"

"So they are threatening us. We must not fall into the trap. At worst, we can recruit new franchisees again. Let them go bankrupt. No one can make us surrender!"

Well, just a brief translation, what this executive means is, why don’t these franchisees behave like leeks?

However, the executive's call was unanimously recognized by the box game store, and then they decided to resist. As a result, on the third day, more than 400 franchisees declared bankruptcy.

By the fourth day, the number became even more crazy. There were 2,000 companies in one breath, and a total of one-tenth of franchisees declared bankruptcy.

This forced Box Game to hold another meeting urgently. At the meeting, many senior executives insisted on the previous threat theory, saying that this was a threat from franchisees, and these franchisees could not really go bankrupt.

As a result, a report was sent over at that time. According to the on-site investigation, the franchisees who declared bankruptcy really closed the store. They further interviewed the owners of the store and learned that the franchisees had abandoned the rent.

These owners were also very angry. According to the rental contract, if the franchisee abandoned the rent in advance, they would have to compensate for a large amount of economic losses.

But as a result, these franchisees declared bankruptcy directly. Not only did they not expect the penalty for liquidated damages, but many franchisees could not recover the rent owed by them.

After all, according to the law, once bankruptcy is declared, all debts will almost become bad debts that cannot be repaid.

If the real enterprise is fine, after all, the real enterprise has fixed assets and can still pay off some of the debts when the auction is made.

However, these franchisees do not have any physical assets, and it is impossible to count on the assets of the auction company. As for the personal assets of the auction franchisee, we need to further see if there are other assets under the name of the franchisee.

But generally speaking, it is impossible for a person who declares bankruptcy to have personal assets left in his or her own name. He or she will try his best to transfer it in advance, leaving only a person with nothing, and you will have no way to deal with him.

"These are their tricks. We must persist, we must..." The executives continued to plan to stay with these franchisees, but the door of the conference room was pushed open directly, and Iwada Satoshi walked in with a gloomy face.

Satoshi Iwada never dreamed that these bad things would happen in just over two weeks after he left the box game store.

At this time, Iwada Satoshi also held two positions: President of Box Games and President of Nintendo Games. Before, because Box Games was just born, Iwada Satoshi naturally focused all his energy on Box Games and did not leave the United States.

But in fact, Iwada Satoshi knew that Nintendo was his roots, so after the overall situation of the box game was decided, Iwada Satoshi handed over the company's daily operations to executives, and ran back to Nintendo to continue working. The next step was to run on both sides, but because there was not much actual work, there should be no problem.

But Iwada Satoshi never expected that he would be in trouble after leaving this for a moment. Not only did he change the share ratio behind his back, but he caused game developers and franchisees to explode at the same time.

In the end, these executives actually thought that the bankruptcy of these franchisees was a threat.

Have these idiots filed a bankruptcy application directly to the court and then used it to threaten people?

Iwada Satoshi is very helpless now. Originally, these things would never happen if they follow him, but with the borrowing, Microsoft's shares in the company exceeded 70% and has absolute control of the company.

So after Iwada Satoshi left the company, Iwada Satoshi did not notify Iwada Satoshi as soon as possible. Instead, Bill Gates directly implemented it after approval was approved.

By the time Iwada Satoshi learned the news, it was already the next day.
Chapter completed!
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