Chapter 2016 Getting A Loan From The Seet Group
Patrick then chuckled in response, looking somewhat embarrassed. “I’d never have sold off the manor if we didn’t urgently need the money for cash flow, Davin, I’m sure you’re well aware that it was sold for much less than it was worth, right?”
“I am. Not only that, but it also has a good location and practical values. That’s why I wanted to acquire it.” “That manor is worth at least one billion! And you got it for only seven hundred million. You could’ve easily sold it off and made three hundred million from it. I have been good to you, haven’t I?”
Davin did not respond to the question nor say anything else. I offered to pay eight hundred million for the manor, so all Patrick actually did was give me a discount of one hundred million. Yet, the man made it sound like he had saved me three hundred million instead.
Although Davin did not completely agree with Patrick, he decided to smile and nod politely anyway since the man was family, and he did get a discount.
Sighing, Patrick continued, “Davin, since you and Sheila came here personally to thank me, I have a favor to ask of you. You’re not going to turn me down, right?”
When Davin heard that, he immediately remembered how Evan cautioned him not to simply agree to anything.
However, before he could reply, Sheila chimed in, “Of course not, Dad! Just tell us what you need us to do. Even if you didn’t give us a discount for the manor, you could still ask Davin for a favor because he’s your son-in-law.”
Then, Sheila turned around to ask Davin, “Am I right?”
There was nothing else Davin could do at that point but agree with his wife. “Of course. Just tell me what you need me to do, and I’ll do my best to get it done.”
“Sheila, Davin, I’m so glad to hear you say that. I’ll be honest with you.” With that, Patrick proceeded to tell the couple how bad investments had robbed the family business of its capital.
Without enough money to cover the turnover, the Muirs stood on the brink of bankruptcy.
Sheila was shocked by the revelation. “But how is that possible? Dad, we’re one of the most prominent families in Y City, so how are these losses enough to land us to bankruptcy?”
“I don’t understand either. How much exactly did you invest in to get into this situation?” inquired Davin curiously.
After glancing at the two, Patrick lowered his head and sighed, seemingly reluctant to go into further details.
Seeing her father like that only made Sheila more anxious. “Well? Say something, Dad.”
Eventually, Patrick confessed to the two that he had invested in medical research for a potent anti-cancer drug. However, the research never produced any results, so he did not get anything in return.
“An anti-cancer drug? Why would you want to invest in something like that, Dad?”
“Those available in the market right now cost at least one million a dose, and they can only treat certain types of cancer. It works on blood tumors but not on the malignant tumors found in patients with gastric, lung, or liver cancer.
That’s why I wanted to develop a new kind of anti-cancer drug that’s accessible and more potent. Imagine how it’ll benefit the world if we manage to accomplish such a feat.
I hired numerous talents and purchased state-of-the-art equipment to make that dream a reality, but we ran out of capital before we got anything.
Sheila, we are wealthy, but the funds we have at our disposal are actually less than you think. We urgently need some funds now, so do you think you can convince Mr. Evan to invest? I’m sure a few billion is nothing to the Seet Group, right?”
