America 1919-Chapter 811 - 278, Breton Bank in hand
Chapter 811: 278, Breton Bank in hand
‘Pandora Oil Company has reached a consensus with several shareholders of Sinclair Oil Corporation and has signed a share acquisition agreement. As of today, Sinclair Oil Corporation will officially become a subsidiary of Pandora Oil Company, with Warner Ditch officially succeeding Laze Madison as president of Sinclair Oil Corporation.’
‘Pandora Oil Company has reached multiple understandings with the Soviet side regarding the exploitation of Baku Oil Field, and it’s believed that securing the Baku Oil Field exploitation project is not a distant feat for Pandora Oil.’
‘In order to better exploit Baku Oil Field, Pandora Oil Company has specifically allied with Sinclair Oil and Gulf Oil Corporation to form a new Oil Company, dedicated to handling the affairs of Baku Oil Field exploitation…’
‘Regarding the Teapot Dome oil field incident that everyone is concerned about, our company is fully cooperating with the Bureau of Investigation. However, we must state here that no matter the specifics of the incident, the current Sinclair Oil Corporation is now a completely new company.’
‘As for the things Harry Sinclair did, we don’t believe that they should affect the development of Sinclair Oil Corporation itself, and we have already fully complied with the Navy’s requirements by constructing a nationwide oil pipeline, supplied 50% of the oil produced from the Teapot Dome oil field to designated military contractors, and built related oil storage facilities…’
‘While all of Wall Street was still discussing Donnie’s repurchase of Sinclair Oil Corporation’s stocks as a beautiful U-turn acquisition, Pandora Oil Company officially announced through “Atlantic City Post” its acquisition of Sinclair Oil Corporation and a report on the Baku Oil Field exploitation that everyone is concerned about.’
‘After this report came out, it can be said to have shocked Wall Street and the entire United States oil industry once again!’
‘I originally thought that Donnie repurchasing Sinclair Oil Corporation’s stocks was already a very clever move, but I didn’t expect there was an even better play behind it!’
‘Some people exclaimed this sentiment after reading the “Atlantic City Post” report!’
‘Although the report had provided a clear explanation about the Teapot Dome oil field contract for Sinclair Oil Corporation, it is still unknown whether this explanation will solve the issue of maintaining the contract for the Teapot Dome oil field.’
‘However, regarding the Baku Oil Field, it’s truly shocking to all those who are aware of the issue.’
‘Previously, everyone knew that Pandora Oil was also involved in the exploitation of the Soviet Baku Oil Field, but at that time, it was clear that without the experience in exploiting large oil fields, it was virtually impossible for Pandora Oil to gain the extraction rights to Baku Oil Field.’
‘Unless Donnie used unscrupulous means at a great cost.’
‘But now it’s different, with the involvement of Gulf Oil and Sinclair Oil, the three companies have joined to form an oil exploitation company, specifically handling this matter, meaning Donnie’s greatest weakness—lack of experience in large oil field exploitation—is no longer a concern!’
‘Plus, considering the relationship between the Soviet Union and the United Kingdom…’
‘After such analysis, people surprisingly found that the likelihood of Pandora Oil Company securing the exploitation rights for Baku Oil Field had increased immensely!’
‘And with Sinclair Oil Corporation as one of the participating companies, its profits seem to be saved!’
‘Thinking of this, all of Wall Street could not remain calm.’
‘Just one move, and Sinclair Oil Corporation, which should have been mired, was resurrected?’
New novel 𝓬hapters are published on ƒreewebɳovel.com.
‘The market reaction was faster than everyone’s; following the release of this statement, the continuously falling stock price of Sinclair Oil Corporation actually began to slowly rebound!’
‘This situation left those Wall Street stockbrokers and securities dealers in tears!’
‘They had previously used retail investors as targets for profit, but this time they became Donnie’s target!’
‘However, faced with this situation, they were helpless.’
‘They had contemplated privately colluding, considering shorting Sinclair Oil Corporation as a last resort to compensate for their losses, but remembering how the Mellon, Morgan, and Rockefeller groups failed to short Donnie’s ABC before.’
‘Moreover, this time Donnie was not fighting alone; he had the powerhouse of the Mellon Consortium beside him, and with Donnie’s growth over the past year, they were genuinely worried about failing in their attempt to short and ending up further losses instead!’
‘In the end, these people could only helplessly accept this outcome, lamenting their position as the losers, while also admiring Donnie’s acquisition move.’
‘Someone did the math; on this transaction with Sinclair Oil Corporation, Donnie simply sold and then repurchased shares of Sinclair Oil. Through just this action, Donnie made millions of US Dollars. Furthermore, if you consider that Donnie now directly controls Sinclair Oil Corporation through this series of maneuvers, then Donnie took control of an oil company worth over a hundred million with just tens of millions of US Dollars.’
‘An absolute giant swallowing a whale!’
‘There’s nothing left but envy.’
‘This has made Donnie an idol for many young people who have just entered Wall Street!’
