After the meeting, Sam informed Philip that he will complete his musical film's post-production within the next month, potentially releasing it at the beginning of April. So he should be ready for publicity and distribution of the movie until then.
Inside the chairman's office.
Sam was analyzing the previous year's accounting records, and it appears that Sparkling Studios has approximately $120 million in unspent funds in the account.
But Sam understands that he must withdraw at least half of the funds from this account or face a significant tax bill from the IRS.
So he promptly summons Claire to his office and requests that she allocate at least $60 million from the company's account in the stock market, with their primary focus on the technical company's stocks from the list he gave her the previous time.
The private $20 million he received from selling the garage last year, which he previously placed in the stock market, has already risen threefold, reaching almost $60 million dollars in just a year.
And he assures her that he will inform Anne, the company's CFO, about the matter.
Meanwhile, Sam pondered, "Although I may not be a super genius in investment, I am very good at judging the general situation in the market's upward and downward trend, and I also have foresight regarding the world's future trend."
Sam suddenly remembered his conversation with Charles a month ago about stock market investments for him and his colleagues, so he immediately stopped Claire, who was heading towards the finance department, and told her to wait a few minutes while he called Charles to discuss the investment proposal.
He knows that if he ignores Charles in this matter, he will be pestered by him for over a year, and given that Sam is dating his daughter, their encounters would become more frequent. So for his peace, he calls Charles.
When Charles received a call from Sam regarding the investment, he immediately canceled his meeting and walked back to his office, where he called a few influential individuals in his circle who intended to invest their money with him.
Since Sam has estimated a minimum 15% return rate, when a person invests $10 million through Sam, they may expect to receive approximately $1.5 million in a year's return.
Although a million dollars in profit appears to be insufficient on paper, it is presently 1993 on this planet, and if we compare it to Sam's previous world, 'earth', we can see that this world is 10 years behind in technology and other aspects. And there's a reason behind it.
Yet Sam informed Charles upfront that he will charge 40% of the net profit and will only accept investments of up to $200 million dollars, as he does not have much time to devote to the investment business because his primary business is always filmmaking.
And if Sam invests approximately $200 million in the stock market on behalf of his Uncle Charles and acquaintances, he can make at least $12 million in commissions every year. And more importantly, he can make acquaintances with those people too, which can help him in the future.
And that's also why he insists on letting Sam handle these people's money, so he offers the same terms as Sam's for everyone and allows them to choose whether or not to invest.
Although Charles was aware that Sam was charging as much as forty percent of their money, he had no objections since the main goal in investing these funds was not profit but rather the conversion of black money into white.
And wealthy individuals such as Charles are constantly looking for new ways to invest their illicit funds. Because their every move on Wall Street is examined by many people, it is rare for Charles to discover a hidden investor like Sam, who is unknown on Wall Street.
Claire sat on the other side of Sam the entire time he was talking to her father; after a few more minutes of conversation, both of them hung up their phones.
After Sam finishes chatting with Charles, he informs her that Uncle Charles would be giving him additional funds to invest, while her task is to register new accounts on behalf of BlueStack Company in other banks so that they can avoid the SEC's radar.
But Claire examined Sam closely and remarked, "You're not doing anything illegal, right?"
Sam gave a quiet laugh and stated, "We're just trading and making more money, so don't worry about it."
Although the sums that Charles handed him were black money, it was money he preserved by evading taxes on different occasions rather than conducting criminal activities. So Sam had no qualms using that money as long as it was not the money made by unethical means.
After Sam's explanation, Claire didn't perset him more while informed him that the construction of his lakefront restaurant will be completed around next month.
Scenes shifts;
Michael, on the other hand, was enraged and flinging down anything that came into his hands within his office.
His secretary, Alexa, was standing aside with her head down, sweating, and praying that he would not notice her and take out his fury on her, like he had been doing for a week.
After a few more minutes of destroying stuff, Michael relaxed and sat down in the chair. Despite the fact that a week has gone by, he recalls Sam's actions at the party as being extremely humiliating. And he can't get that off his chest.
He is currently considering strategies to employ against Sam and make the boy pay when his secretary, who was standing away, approaches him slowly and hands him a report on Sam's films to date, which he ordered her to collect.
Looking through the list, Michael's eyes were filled with resentment and hatred given that, in spite of the fact that Sam has only created two films, both of his films have become blockbusters in terms of popularity and box office collections.
While going through the documents, he noticed that Big E Studios invested in Sam's first film and also owns the subsequent rights to the film's future sequences, whereas Rekzon Studios owns the copyrights to his horror film 1820.
So Michael questioned his secretary, "Was yesterday's meeting about buying a couple tier 3 studios to expand our movie library?
Alexa gave a nervous nod and responded, "Yes, sir, as our Lilitale studios are new compared to those older studios in terms of an extensive film library, therefore our CEO Bobby was considering buying some smaller studios to increase our library by integrating with them."
Michael fell into thinking after hearing this, and afterwards, he got up from his seat and walked toward Bobby's office to announce something.