198 Chapter 198: I Have A Proposal (1/2)
The secretary looked at the board members and said, ”I don't know why you people are getting your panties in a bunch. Ten percent is not nearly enough to take the helm!”
Kylie glared at the secretary and said, ”The amount of power a person has is, as you've said, determined by how many shares they have.”
The secretary nodded, and Kylie continued. ”Have everyone count their shares, and we can determine, once and forever, where the power lies.”
It was a simple request, one that Laurence couldn't deny, but it struck fear in his heart.
”Before we get to that, though,” Kylie said, ”there is one thing we need to look at.”
Having said that, she pulled a manila envelope from her bag; she took a document out of the envelope and passed it around. ”As you can see,” Kylie said, ”whoever has the most shares is an almost moot point. If the company were to be compared to the Titanic, Laurence is the captain who runs it into an iceberg.
”Look at the numbers,” she continued. ”The numbers don't lie. As you can see, over the last five years, Laurence has gambled every single cent's worth of profit into promoting his daughter. The result has been that the company has been hemorrhaging money, sending more of it out than we could ever hope to bring in.”
Laurence shook his finger at her and hissed, ”I cannot believe that you dared to have me investigated! You really are some kind of devil – I hope you burn in hell forever.”
At this, Kylie laughed and said, ”I don't even believe in hell. You really are a joke.”
One of the shareholders pounded on the table with his fist like a gavel. ”Quiet,” he shouted. ”Let's all give our president a chance to explain. Perhaps there is a piece of this puzzle that we are missing. Khloe may be his daughter, but, surely he knows enough to not let his paternal feelings affect his judgment. He has always been professional in the past, so let's at least hear him out now!”
”When it comes to Khloe,” Kylie laughed, ”Laurence has always been prejudiced in her favor. Just look at her portfolio. It is in the documents that I've passed around. Khloe has starred in many of our projects, but there hasn't been a single one that has turned a profit!”
Seeing how everyone had turned against him, Laurence felt awfully small. He looked around the table and said, ”None of you know how hard it is to be the president of a company. I am human, and I make mistakes the same as every other person does. Even Donald Trump makes mistakes, but at least I am man enough to admit when I've made them… We may have lost a bit of money, but I still believe we are headed in the right direction. If we continue to do as we've been doing, I think we will turn a profit over the next quarter, and the value of our company will steadily increase!
”From now on,” Laurence continued, ”I would like to make Kylie a manager of the company. Seeing how she has collected all of this data for us, I would like to utilize her talents in this area. Along with this responsibility, she should run one of our departments.”