Li Yao finally agreed to Fiend Blade Peng Hai's plan. They co-created a new sect with each of them providing part of the capital.
This way, Li Yao and Peng Hai would be tied to the same boat.
With mutual interests, their relationship would be closer, which was good for both of them.
Fiend Blade Peng Hai was the leader of the new sect in name. The actual daily operations were run by Shang Tianling.
In fact, there weren't too many affairs that needed to be handled, since it was an investment sect without many members. The bulk of its revenue was generated by investing other sects.
The main target of the investments at present was, naturally, the Mountain Sea Sect.
Li Yao devoted most of the money he earned in Serpent City to the new sect, which made him the second largest shareholder.
Other than that, he left two sums of money to Grandpa Wang and his Enlightenment Master, Sun Biao.