Quick Transmigration Cannon Fodder's Record of Counterattacks Chapter 2902: The Same Water That Lifted the Boat Could Also

Chapter 2902: The Same Water That Lifted the Boat Could Also Sink ItBai Hanmo held a press conference to explain the situation, but it didn’t help.

Instead, things got worse, and now Bai Hanmo was labeled as a dishonest and greedy businessman.

The same water that lifted the boat could also sink it, and this situation was destabilizing the market economy, causing frustration among both the public and the authorities.

Things had spiraled beyond Bai Hanmo’s control. The company’s products weren’t selling anymore, and other companies had taken over the market.

These companies seemed to be working together because whenever the Bai family’s products dropped in price, they followed suit, but their prices were always just a little lower.

This made them seem much cheaper in comparison.

Bai Hanmo realized how serious things had gotten, and it seemed the authorities were backing these other companies.

d.a.m.n it.

On top of that, he had spent way too much recently—on the Ding family and on the land purchase.

Now the products weren’t selling so the funds weren’t coming back, and the company was running out of working capital.Millions of dollars were evaporating from the stock price, and Bai Hanmo could only watch helplessly.

He was so angry and anxious that he felt like banging his head against the wall.

The people who had once been terrified of him had turned into wolves, surrounding him.

They all wanted to tear a piece of flesh from him. These people, who had once flattered him, now couldn’t wait to step on him.

To spit in his face.

The Bai company was in a very awkward situation—products weren’t selling, and there was a lack of funds for operations.

They had tried to take out a loan from the bank, but the bank had politely refused.

Bai Hanmo was so furious that it felt like his head was about to explode. He had been a big client of the bank, and they had never treated him this way before.

But who could he borrow from now? With products not selling, the stock price was plummeting like it was going to drop into the eighteenth level of h.e.l.l.

Money was being lost every minute.

With Bai Hanmo’s personality, asking someone for a loan was like asking for his life.

But he had swallowed his pride and asked, only to be flat-out refused.

He had thought this was the ultimate blow to his self-esteem, but even more awkwardness awaited him.

Bai Hanmo just wanted to say, the whole world was targeting innocent little me.

His cool and domineering att.i.tude had always been offensive, but being from the Bai family had given him privilege.

Now that he had fallen from grace, no one was willing to help him.

Bai Hanmo had no choice but to use his personal a.s.sets to cover the company’s losses.

But even a large sum of money couldn’t stop the stock from falling.

The company’s situation caused some shareholders to start selling their shares, as without new investment, the company would surely fail.

Moreover, the company’s reputation was not good, especially Bai Hanmo’s.

These shareholders were the type who only took and never gave; asking them to invest money to save a company with an uncertain future was too risky.

So they simply started selling off their shares at low prices.

Ning Shu was buying up these discounted stocks left and right, and it was incredibly satisfying.

But the money was also being spent quickly.

Now, Ning Shu held quite a lot of shares.

She was now considered a major shareholder in the Bai family’s company.

She wondered what kind of ugly expression Bai Hanmo would make if he saw her.

Ning Shu was quite looking forward to it.

In her opinion, the Bai family’s company had a lot of issues.

Firstly, they were facing united opposition from other companies. The old Bai family would have definitely been able to handle this.