Foul Play - A Serial Story: Part -5-
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Serial Story: Foul Play
- Chapter -5-
Antwerp March 3
?"Here is an adapted budget, after your furtive?intervention in Japan" began Jason, throwing the new forecast a "0" EBITA[1]?budget on Korob's table.
"Netherlands HQ - Khen Maas, already has a copy, with explanatory notes, also about your alleged role in the Japanese debacle ... you’re so short-sighted."
?Korob could barely contain himself, for he knew that Jason was not lightly intimidated. A "this is your end" escaped him as a whisper.
Khen Maas was hastily convoked to increase the pressure on Jason to make an ' upside down ' budget, where departing from aspirated EBITA the costs were to be filled in.
It was a doomsday scenario and an attempt by Korob to draw all power towards him forcing Jason into a ‘bugger-off” scheme.
?"Make me an offer I cannot refuse" parried Jason towards Khen and Korob " laying me off, with my years of service comes down to a ballpark figure of about 20,000,000.-.
All other attempts to maneuver me in a non contractual role is job erosion which will add to this amount. See you later!”
?He left the meeting room, leaving Khen and Korob behind in their scheming and bewilderment. A sinister plan was being forged.
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?The projected budget figures proofed to be true. Perforced Jason had to?invoke?article 103-104[2] upon the directors and shareholders.
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[1] EBITA is an acronym that refers to a company's earnings before the deduction of interest, tax and amortization expenses. ?
[2] Article 103 at the loss of 50% of the capital the Managing Director is mandatory required to inform the Board of Directors by registered letter and call forward an extraordinary general meeting to deliberate about continuation of the company.??Article 104 is even more compelling in the case of loss of 75% of the capital.
People Can Resist Everything,?Except Temptation!
Coming up on?Foul Play: They had not expected so much bravado.
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Note from the Editor:
Free translation of:?Vuil Spel?(Foul Play) from the same Author.
About the Author: Born from a litter of 6, where you always have to fight for attention and a share,?Paul Van den Brande?was prepared for business life. He became the achiever of the American Dream, from classifier to business owner of several Companies. Paul has incorporated his slogan?'Passion In Everything You Do!' in this book.
Disclaimer: Any resemblance to real persons is coincidental and unintentional, existing only in this story. Proprietary of Noble House Group – Be! Featuring?#NHGBe?, duplicating in any form whatsoever is prohibited without the written consent of the publisher.