"Everyone, we're meeting again!" Harry Potter said with a smile at the board meeting of Qualcomm Group.

However, compared with before, Qualcomm's board of directors has undergone tremendous changes at this time. Two funds sold all their shares to Harry Potter and completely withdrew.

At the same time, another founder also sold the stocks in his hand to Harry Potter, but he still left about 3% and continued to stay on the board of directors.

So at this time, in the board of directors of Qualcomm Group, except for the founders of Qualcomm, only Masayoshi Son was left alone.

"Mr. Porter, you did a really beautiful job this time. You have been staring at us Qualcomm for a long time!" Masayoshi Son asked with a dark face.

"What do you mean?" Harry Potter was shocked. Could it be that the boss found someone to cause trouble for Hong Kong by Masayoshi Son?

"You are still pretending to be garlic at this time. If you hadn't leaked the news to the American news media, and spent money to make the news media report on it, and even fabricated news that Qualcomm's funds were exhausted, how could our Qualcomm shares fall to this current field!" Masayoshi Son really hated him. He was sure of Harry Potter and wanted to make a big profit.

But unexpectedly, it was fine if Qualcomm's new technology experiment failed, but the other party seized the opportunity and took the opportunity to steal it to the news media, causing Qualcomm's stock price to drop by about half, and his investment in Qualcomm also shrank by half. Only when Masayoshi Son was happy was there.

"Mr. Sun, we are all people who are on Wall Street. Are we still a means of revealing the news to the media? Isn't this our daily routine?" Harry Potter laughed and said, "If you weren't good at your own failure and the experiment in Hong Kong and Port failed, we wouldn't be able to spread these news, right?"

"Besides, hasn't Qualcomm run out of funds? How much dollars are there in your account?" Harry Potter asked with a smile.

"Nothing can be told!" Masayoshi Son said gritting his teeth.

"Oh, I almost forgot. I am the chairman of the board now. I don't need to ask you. Come on, go and the financial director find me. I want him to report to me about the financial situation of the group!" Harry Potter said with a smile, and the others were suddenly as if they were dead.

Soon, the financial director came over. He hadn't known that the new chairman would definitely ask about his financial situation, so he handed over a list of assets that had been prepared to Harry Potter.

"Tsk tsk tsk tsk, it turns out that we don't even have 1 million US dollars in our account. Even the funds for shipping back the 18 equipment on planes are not enough. I didn't expect Qualcomm to be so miserable!" Harry Potter said sarcastically, but the other directors could only smile bitterly.

There is no way, Qualcomm is really out of money. They originally planned to take advantage of the success of the experiment and start a new round of financing to make money. Unexpectedly, the experiment failed and the stock plummeted. Now there are still people who are willing to invest in Qualcomm to have a ghost.

"Mr. Chairman!" Irving Jacob stood up and said, "Since you are willing to take over Qualcomm at this time, it means you are still optimistic about Qualcomm's prospects. We hope that the board of directors will issue additional funds immediately to absorb funds to maintain the company's operation!"

"At this time, the additional issuance? Who do you expect to pay to buy these shares?" Harry Potter shook his head and said, "It's useless. Now the company's stock is in a plunge. If you issue more, it is equivalent to telling all investors that the company has no money. In this way, the company's stock will only drop even more. No one is willing to buy stocks at all!"

"This..." Irving Jacob is a researcher. He doesn't understand the operation very well, but what Harry Potter said makes sense. He looked at Masayoshi Son next to him and found that Masayoshi Son was also silent and did not jump out to refute it, which shows that what Harry Potter said is true, and the additional issuance is not enough to raise money now.

"What if there is a targeted share issuance?" Suddenly, Masayoshi Son, who was standing by, said, "Since Mr. Harry Potter knows that our company is still willing to buy shares when it is short of money, this shows that Mr. Porter does have expectations for Qualcomm's future. It is natural for Mr. Porter to invest some money to maintain Qualcomm's operation!"

"It would be better to issue a portion of the shares to Mr. Porter, so that Mr. Porter's equity ratio can be increased and the company can also receive financial support. Wouldn't it be wonderful?"

"This..." Harry Potter hesitated for a while, then looked at the other shareholders and asked, "Do you have any opinions?"

"We have no objection?" All the shareholders shook their heads desperately, saying that if they refused to issue targeted share issuance at this time, the company would be really finished again.

So with the unanimous approval of all members of the board of directors, the Qualcomm Board of Directors decided to issue a targeted additional stock of 50 million US dollars to the US Priority Foundation, so that the foundation's equity share in the board of directors increased from the previous 51% to 68%. In the entire Qualcomm company, no one can challenge the authority of the US Priority Foundation.

The shareholding of other people has also decreased. In addition to the remaining 8% of the circulating shares, Irving Jacob has 7% of the shares left, and the other founder shareholders have about 14% together, while Masayoshi Son's shares have dropped to 3%, which is pitiful.

However, what made Harry Potter a little disgusted was that he had privately found Masayoshi Son and expressed his willingness to get the 3% stake in Masayoshi Son, but was rejected by Masayoshi Son, so he wanted to stay at Qualcomm, which left Harry Potter helpless.

Immediately afterwards, Qualcomm announced the drastic internal equity changes and the fact that the company was basically acquired by the US Priority Foundation, and also released the news that the company received 50 million US dollars in financial funds.

Stimulated by the positive news, Qualcomm Group's stock price finally stopped plunging for several consecutive days and stabilized again, but Qualcomm was also seriously injured. In the eyes of outsiders, Qualcomm seemed to have to wait for a chronic death.

After the board meeting, Irving Jacob took the initiative to find Harry Potter, hoping to resign from the position of company president and CEO.

"Why is this?" Harry Potter asked in surprise.

"This time the crisis encountered by the company is my fault!" Owen Jacob sighed, "This time the CDMA experiment failed under my leadership, and I should resign. However, Mr. Chairman, I still firmly believe that CDMA is still the unswerving development direction of Qualcomm in the future. Although this failure, we must not give up. We must continue unswervingly and will succeed sooner or later!"

"It's a pity that I'm leading everyone now!"

"Mr. President!" Harry Potter smiled slightly, and then handed over the manual resignation report back to Irving Jacob. "It's the best president of the company. I never wanted to replace you, otherwise without Qualcomm, he would really become a headless fly."

"Thank you, Chairman!" Owen Jacob showed a grateful look, and then asked tentatively, "The direction of the company's development..."

"Since you have invested hundreds of millions of dollars in research funds in CDMA, now changing direction is a waste of all your previous efforts? And I heard that the experiment is not a complete failure, and the communications are still established, but it is not stable enough. So I suggest that the company renovate the equipment and then start the experiment again!"

"Start the experiment again!" Irving Jacob's face was flushed at first, but soon smiled even more bitterly. "Mr. Chairman, in fact, the whole world has been almost occupied by the second-generation communication protocols of other companies. Europe, North America, and Fuso have their own set of communication protocols. Now only some of the countries in Asia have not been occupied yet."

"Originally, we planned to use the port and port as the most important experimental and promotion base, but with the last failure, the port and port have refused to continue to carry out experiments with us. However, some other small countries do not have the conditions to carry out experiments at all. Where can we go to carry out experiments?"

Owen Jacob sighed.
Chapter completed!