Draven immediately looked happy and sat down happily.

The other Sampra Energy executives who came in later also greeted Abel one by one.

After receiving Abel's response, they sat down on both sides of the conference table.

Originally, when Qixiu Martin held a meeting, there were only two or three company executives.

All of them have arrived at this time, and they have filled all the seats in the entire conference room.

So much so that the advisory group and bodyguards brought by Abel could only stand.

"Okay."

Abel smiled and said:

"It seems that everyone has come. Then I announce that the first management meeting of the new board of directors has officially begun."

“First of all, I announce that Draven York continues to serve as general manager, with work and responsibilities unchanged.”

“Second…”

Abel clapped his hands and stood behind him a woman in her forties in her workplace OL suit.

“I announce the appointment of this Ms. Mary Joxey as the company’s chief financial officer, responsible for the financial work.”

After Abel finished speaking, Mary Joxey nodded slightly to everyone with a smile.

The original CFO of Sampra Energy Company was sitting next to Qixiu Martin with a pale face.

The former CFO also had a surname of Martin, and was a nephew of Qixiu Martin.

The chairman has been replaced, so it is impossible for Martin to be the one who is in this important position.

Abel announced the appointments of other senior executives one after another.

It can be said that all the remaining people in the company, including Qixiu Martin.

At the end, Abel smiled and said:

"Finally, given Mr. Qixiu Martin's strong work ability and project development ability, I am going to add a large Huaxia area to China."

"I want to appoint Qixiu Martin as the president of Sampra Energy's Greater Huaxia District. Are you willing to bear the burden of helping the company expand its territory!"

Suddenly, everyone's eyes in the conference room were all cast on Qixiu Martin.

As many eyes gathered, Qi Xiu Martin smiled bitterly.

Qixiu Martin stood up and began to look blank: "I resign. Sorry, Mr. Chairman. I resign."

"Oh." Abel smiled: "I approve it. But Mr. Chissie Martin, you are the second largest shareholder. You have 31.31% of the company's shares. I think it's better to listen to the next content."

Zixiu Martin's face became even worse and he stood in the distance and stared at Abel.

"I initiate a general meeting here in the name of Sampra Energy shareholders."

Abel smiled, and he looked at Zishe Martin.

"The shareholders' meeting will vote on the company's profit dividends for the next ten years."

"My proposal is to enable the company to develop better. In the next ten years, the company will no longer distribute profits. After all, we have all been delisted successfully and are not listed companies."

"Okay, start the vote. I support the decision of this shareholders' meeting with the 68.69% voting rights I have in my hands!"

"Mr. Zixiu Martin, as another shareholder, it's your turn to vote."

Everyone in the conference room looked at Qixiu Martin again.

Zixiu Martin looked trembling all over and looked at Abel with a pale face.

A few seconds later, Zixiu Martin raised his hand, "Mr. Smith, I am willing to sell you all 31.31% of the shares for $58 per share."

Abel thought, wouldn't it be better if you had cooperated like this?

I wasted my time here to make this happen and be a bad guy in front of so many company executives.

"I accept it." Abel smiled.

In this regard, Sampra Energy's 100% stake fell completely into the hands of Abel Smith.

Abel spent a total of US$17.1 billion and completely controlled Sampra Energy.

Another $14.5 billion is to take over 51% of California Pacific Electronics.

His investment in these two energy companies reached US$31.6 billion.

But in fact, he didn't pay so much money himself.

Because the 51% stake in California Pacific Electric was invested by the Pacific Commercial Bank of the United States.

Pacific Commercial Bank of America is a company that invests in the custodial funds of its bank customers.

In other words, Pacific Commercial Bank of America uses the money of its customers to invest in Pacific Electric.

The same is true for Sampra Energy.

Abel himself only paid $7.1 billion for an investment of $17.1 billion.

The remaining $10 billion comes from loans from Pacific Commercial Bank of America.

A total of $31.6 billion in investment, Abel only took out $17.1 billion in cash.

This is the benefit of having your own bank.

As long as those customers have confidence in Pacific Commercial Bank of America and chairman Abel.

Then he can continue to play this mode.

Sampra Energy will immediately start merging with Aless Energy.

Reorganize at the same time and make internal adjustments.

Sampra Energy Company was also officially renamed, renamed to Pacific Energy in the United States.

It is very similar to the name of Pacific Electric in California, USA.

But "Pacific" is a pan-trademark that anyone can use.

What's more, Abel himself is the chairman of California Pacific Electric.

Of course, Pacific Electric will not express dissatisfaction with the change of Sampra Energy to this name.

Pacific Electric has no statement, so other companies called Pacific will naturally not react.

Pacific Energy was officially established.

The subsequent results will be internal integration and business adjustments.

This will last about a month.

A month later, after removing the influence of the Martin family and the Taylor family, the two founders.

Only then will Pacific Energy officially become the company that Abel has the final say.

One of the three troikas imagined by Abel also officially began to sail.

In addition, after Abel settled the Sampra Energy Company, he did not leave San Diego immediately.

He just left downtown San Diego and came to a suburb of San Diego.

To be precise, Abel arrived at a group of buildings outside Santiago.

The buildings in this suburban building group are generally not tall.

The tallest main building is only 10 floors.

The shape of this building is still very strange.

Enter the first and second floors of the building hall, and the walls are written in blue font with "m Patent Wall" (Qualcomm patent wall).

There are 1395 CDMA patents on this wall.

But this is just 1/10 of Qualcomm's "patent pool".

The place in Abbeh was the headquarters of Qualcomm, a very weak communications company at this time.

Qualcomm in 2001 can be said to be the worst year since its launch in 1991.

But in fact, it has become more difficult since 1999.

In 1999, when Qualcomm's stock price peaked, it once reached $77 per share, and its company's market value once exceeded $35 billion.

Then start diving.

Two years later, Qualcomm's stock price is only $5.34 left.

There are many reasons for all this.

One is that Qualcomm's own financial report has poor profits, the other is related to the collapse of the Internet bubble last year, and the other is that Qualcomm's CDMA is not currently mainstream.

In this era when functional phones are still incomplete, Qualcomm's mobile patents are too advanced.

Qualcomm's total share capital is about 550 million, and its total market value today does not exceed US$2.6 billion.

in this case.
To be continued...