158 Business Expansion 1 – PART 1

@@

Gun-Ho invested an additional amount of 3 billion won to Mulpasaneop after acquiring the company. It was not for increasing capital stock, but it was more like the company borrowed money from its president for a short period of time. Once the company got back on track, Gun-Ho would be able to get his money back easily.

'I gave 2 billion won to the president when I acquired this company, and I put an additional 3 billion won as I lent it to the company. So I used a total of 5 billion won to Mulpasaneop so far, and I won't spend any more money even a penny to this company. I will pay the existing debt with the company's revenue as I run the company.'

Gun-Ho called for the auditor.

"Let's pay off the overdue wages first, and use the remaining funds to pay the raw material suppliers."

"Yes, sir."

"As to the raw materials, don't pay for the outstanding balance to the suppliers just yet, but pay for the new materials we are getting from them now. And pay them on time."

"Yes, sir. As@@