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Chapter 170 - 173: Want to Save the Gray Family?
Chapter 170 - 173: Want to Save the Gray Family?
Chapter 170: Chapter 173: Want to Save the Gray Family?
Translator: 549690339
“Rowena, how’s it going?” Madam Gray asked anxiously as soon as she saw Rowena Gray return.
Rowena Gray, enraged, removed her scarf and gloves and threw them onto the sofa, wearing a look of exhaustion. “Those people are just too opportunistic. They’re all friends with me when we go shopping and have tea, but now that I need them to lend some money for a turnover, they all find excuses to avoid me. Mom, I’m afraid we won’t be able to do anything this time…”
Gray Group’s stock price plummeted. Previously, in an attempt to pull back the stock price, Madam Gray had used her own stocks as collateral to borrow a small amount of money from the bank.
Now that the bank sees Gray Group’s declining power, it is immediately knocking on their door to collect the debt.
Not only that, Bratt Williams, the CEO that Rowena had brought back, also disappeared, along with some of Gray Group’s senior executives. They all began to panic and look for a way out.
Gray Group’s collapse was almost certain, but even so, Madam Gray was still determined to revive the business.
Although she’s greedy and short-sighted, she has always been both fearful and grateful to the old man of the Gray family who let her marry into it. Therefore, even in such a situation, she still pushed Rowena to go and borrow money from others, trying to find funds to revive Gray Group.
“Mom, Gray Group has come to this. All the artists and talents with a bit of fame under our banner have run away. Maybe…we should just let it be, and file for bankruptcy.”
Rowena spoke with hesitation, not telling Madam Gray that as early as when Bratt had informed her that the stock price wouldn’t rise, she had already sold her 5% stake in Gray Group.
At the time, she had only lost 20% on the sale, and after selling, she immediately used the cash in her hands to short Gray Group’s stock price.
In other words, the lower the Gray Group stock price drops, the more she earns.
In just three days, she had made nearly forty-five million. However, this was something she absolutely couldn’t dare mention in front of Madam Gray.
“Bank…bankruptcy…no, no! If Gray Group is gone, how can I face your father, or the old man? It only took a few generations for Gray Group to fall into my hands after he insisted on having your father marry me. Rowena, this will be the death of me!”
Madam Gray cried, filled with sadness, her face wrinkling like a chrysanthemum.
But even so, it was impossible to stop Gray Group’s decline.
The bank would continue to push for payment, and if they didn’t declare bankruptcy, more debt would be incurred.
Who would have thought? Just when Madam Gray was crying and gasping for breath, Lily Gray suddenly called.
“You…you unfilial thing! You’re calling at this time to see Gray family’s joke?
Do you enjoy seeing the Gray family in ruins!?”
Madam Gray was so angry that her liver ached. She had nowhere to vent her anger, and Lily became her target.
On the other end of the phone, Lily Gray didn’t get angry when she heard Madam Gray’s mockery, and briefly explained her purpose with composure.
Madam Gray held the cell phone, her expression changing from initial anger to seriousness, and finally, she was nearly stunned.
After a while, Rowena heard Madam Gray utter a difficult sentence from her mouth.
“Fine, I’ll be there on time tomorrow.”
After hanging up the phone, Rowena anxiously asked, “Mom, what does that dead girl want with you? You have an appointment to see her tomorrow?”
Madam Gray put down her phone, her expression still unresponsive.
She nodded vaguely, “Yes…she said she can save Gray Group, and asked me to give her my shares… She’ll take on all the debt from the bank.”
“How….how is that possible!”