"Hello, Mr. Harry, " Steve said while extending his hand.
I shook his hand and replied, "Hello, Mr. Steve. You can call me Harry only".
"Haha, ok you can call me Steve directly. You know Harry, I worked for your father. It is sad what happened to him. "He said with a sad expression.
"Yes, May god bless his soul, " I said with a sad expression.
"So what can I help you with Harry?"He asks.
"Right now I have $0.7 million worth of stocks I want them to sell and $4.4 million extra Cash so a total of $5.1 million I want them to invest in stocks. I will also send some more money after you invest this money." I said while giving him the file.
'I have a commercial building worth 1.5 million which gives me around $20000 rent per month. My total expenditure is about $9000 if I do not waste money.'
Steve took the file. It has my previous stock details which I want to sell and the bank receipt has money of more than $4.4 million.
"For now you should buy Per Central company shares before the end of the month, " I said.
"Per Central company. It is a promising company worth around $1 billion. But there is no room for improvement in the share value. It is already at its peak."
Steve wants to give some suggestions but is held back because seeing the resolute face of Harry.' He will not lose money in this company if he invests.'
"Ok Harry, I will do that. But you have to create an investment company so that you only have to pay corporate tax but not an individual tax."Steve said.
"I think you should buy an already registered company. There are some companies which you can buy for around $4000. It might take months to register a new company."Steve said after some thought.
"Ok Steve, I will let Robert talk to you about this, " I said
Using past life information I have selected some stocks which can help me multiply my wealth fast.
Litonex Industries: The share price of Litonex Industries increased from $30 to $125 in a short period in 1968.
Trai-Lux: The share price of Trai-Lux increased from $6 to $85 in a short period in 1968.
Egal Broadcasting Company (EBC): The share price of EBC increased from $30 to $70 in 1968.
Gerox: The share price of Gerox increased from $17.1 to $21.6 in 1968.
wick Corp.: The stock of this leisure and marine products company rose from $8 per share to $80 per share in 1968, as demand for its bowling equipment and pleasure boats surged.
Memori Corp.: The stock of this computer data storage company rose from $20 per share to $90 per share in 1968, as the market for computer storage devices began to take off.
Dis-Mouse: Dis-Mouse saw its share price increase from around $36 per share at the beginning of 1968 to around $72 per share by the end of the year. This increase was due to the success of the company's theme parks and the release of several popular movies, including "The forest Book."
Jason & Jason: Shares of Jason & Jason increased from around $62 per share at the beginning of 1968 to around $102 per share by the end of the year. This increase was due to the company's strong earnings growth and the successful launch of several new products.
Be Hat's share value is $26 to $38 at the end of the year.
There is a company ICCS whose values skyrocket from $1 per share to$90ar per share. But it will go public in March 1968. Due to stock manipulation $ 10 million company reached around $900 million within 5 months.
But before doing that there is a special company that will go on a big transformation next month.
According to the system Per Central merged with Capital Central Railroad (CCR) on 1-feb-1968 to form the Per Central Transportation Company.
As of January 2, 1968, the market value of Per Central was approximately (average share value $35) $1.3 billion.
After the merger, the market value of the company reached $2.3 billion at the end of the year.
Per Central was formed by the merger of two major railroads, the Per Railroad and the Capital Central Railroad (CCR), on February 1, 1968. The merger was intended to create a more efficient and profitable company by combining the strengths of both railroads. However, the merger faced many challenges, including labor disputes, declining revenue, and increased competition from other modes of transportation such as airplanes and trucks.
Per Central struggled financially and declared bankruptcy in 1970, becoming the largest corporate bankruptcy in American history up to that point. The bankruptcy had significant impacts on the transportation industry and led to the creation of Amtrak and Conrail, two government-run entities that took over some of Per Central's operations. The legacy of the Per Central merger and bankruptcy continues to be felt in the transportation industry and corporate law.
The proposal to merge Per Central with CCR was made on May 8, 1962. The merger was proposed as a solution to the financial struggles faced by both companies in the early 1960s. The plan was to create a stronger and more efficient railroad system by combining the operations and resources of both companies. However, the merger faced significant regulatory hurdles and opposition from various parties, including other railroads and labor unions. The merger was finally approved by the Interstate Commerce Commission in December 1966 and was completed on February 1, 1968.