A High Level Meeting

[Major_Mayhem]

Calm and composed, Kelly straightened his tie and stood up, buttoning his suit as he did so, and made his was to the minibar, while Jetro was trying to attack him personally. He poured himself some tonic water and added a slice of lemon.

“Mr. Jetro. Your ‘was’ and ‘has-been’ don’t stand to debate today. But safe to say, that the companies I’ve been CEO of are still going strong, while yours, well, let’s call it a ‘mixed bag’.

And frankly, your half-true business-proposal is – on the whole – quite ridiculous. As I said before, you’re trying to pay Interspace Commerce, whit asset it already owns. What’s an increase of roughly than 30% of the dividend of Renzu to loosing all of the dividend of IND?”

He took a sip of the tonic water and ambled across the room back to his comfy seat. Unbuttoning his suit while sitting down and quite enjoying the hostility of Mr. Jetro. In the end, he could not see any scenario in which selling IND shares would be beneficial for anybody except Mr. Jetro, unless he started talking in Sirian Credits well above the power of 10 to 10.

“For you. Mr Jetro, I’ll explain. Slowly and simplified. IND owns 40% of Renzu. Now since IC owns roughly 50% and due to the market state of IND, nearly all of the operational profit is paid out to the share holders. That means, Interspace Commerce gets half of that revenue. Plus our 45% that’s in total 65% of the Renzu dividend. You’re promising us 85%, which is roughly an increase of 30%, about 3 times lower than your promised ‘double’.

Even worse, you’re asking us to wave all dividend IND gets from it’s business. So, as I was saying in the beginning: You’re trying to pay IC with stuff we already own.”