Chapter 646: Reporting Assets Part Two

Stenson took out the prepared information from the file bag and began to report to Lin Chuxue. “Then I’ll start with the projects that the boss is currently running. There are only two large sources of revenue under Boss’s name, one from the casino project in Vegas, and the second one is the Mandala Lab project.”

“Wait.” Lin Chuxue was so shocked when she heard L.V casino that her hands froze in mid-air holding her tea. “Did you say casino?”

“Yes.” Stenson said, “Currently Boss owns the two largest casinos, resorts, and hotels in Vegas as an all-in-one business project, and the two of them can bring the boss $2 billion in net profit revenue every quarter. As for the Mandala Lab, because of the temporary technical reasons, it cannot be popularly promoted, so the profit is conservative for the time being. However, the Mandala Lab is currently valued at a minimum of $50 billion by Wall Street! Of course this can be taken lightly, but for the sake of precision, I should report it to madam as well. So now, can I begin talking about Boss’s personal assets and worth?”

Lin Chuxue glanced at Xu Cheng and her look became a bit sulky.

After all, owning two casinos was a very big deal, and he kept quiet about it and didn’t tell her at all.

Lin Chuxue snorted and continued drinking her tea. “Go ahead.”

Stenson continued, “Then I’ll start with the current assets. The two casinos’ three quarterly profits is at $6 billion, plus the owner’s previous commercial profits of over $8 billion, and as well as Mandala Lab’s auction, which after tax was more than $2 billion dollars. Furthermore, concerning the incident with the Three Star Group, the other side was willing to buy back the 4% stake with $12 billion dollars, and we’ve received $7 Billion, with another $5 billion to come in two installments, so it’s only a matter of time before it arrives. That would be all the liquidity available at the moment, with a total of $28 billion!”

The more Stenson said to Lin Chuxue, the bigger her eyes widened. By the time she heard a total amount of $28 billion dollars, she choked on her tea.

“What did you say?” Lin Chuxue felt quite unreal.

Stenson thought Lin Chuxue had some doubts about his data, so he immediately reported it in more detail. “Madam, I have not finished reporting, this is just liquidity. The two casinos were valued by Wall Street at $ 11 billion. As for the Mandala Lab, although it was valued at $5 billion, it is somewhat false. But there are a lot of investors willing to pay $5 million to $10 billion to buy 20% of share hold. So selling the entire 100% shares for $50 billion is really no problem at all, and if real estate is included, then the boss’s assets should currently be at $80 billion!”

Pu!

It was the first time that the elegant Lin Chuxue spat out her tea in shock.