Chapter 272
Gun-Ho went to a restaurant that specialized in Soy Sauce Gejang* with the former vice president of S Group—Mr . Jang-Hwan Song for lunch that day . Mr . Song said he used to come to this restaurant pretty often when he enjoyed golfing before . The restaurant was located on the road that led to Jincheon County in Chungcheongbukdo Province . It was not very crowded and Gun-Ho liked it . The crab dish came with lots of various side dishes .
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"Sir, since you don't work today, why don't you have some rice wine?"
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"Maybe I should . Haha . But I blush whenever I drink liquor…"
Former Vice President Song drank a glass of rice wine anyway . He seemed to be feeling good that day .
During lunch, Gun-Ho and Mr . Song just exchanged superficial small talk . Since they were having marinated raw crabs, they talked about crabs in general . They talked about the crabs caught in Yeongpyeongdo Island and they also discussed the taste of the crabs in Imjin River . After they were done talking about crabs, they started talking about golf . Mr . Song seemed to enjoy golfing a lot . Since he stayed overseas for an extensive period of time in his entire career, he knew lots of popular golf courses abroad .
After lunch, Mr . Song tried to get a cup of coffee from a vending machine inside the restaurant when Gun-Ho suggested something else .
"Why don't we have a cup of coffee in a nice café instead of having it here?"
Gun-Ho took Mr . Song to Cheonho Reservoir in Cheonan City where they could have the view of Dankook University . There were many nice cafés in the area .
Gun-Ho and Mr . Song were sitting at a café while looking at the lake . Gun-Ho asked him,
"I know there are more than twenty large companies which supply their products to S Group, like Egnopak . Have you been offered any position by any of those companies?"
"Yes . I have actually received a job offer from two companies, but I decided to decline their offer . They are small companies compared to S Group, and I know they can't offer me a president position and they will give me a vice president position . I didn't want to work for a small company as a vice president . Moreover, if I join them, I am sure they will ask me to use my connection with S Group to demand them to buy more products . I didn't want to do that . "
"But you can do that, right?"
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"Not necessarily . S Group wouldn't increase their purchase unless the manufacturing company doesn't produce defective products and it can provide the products on time . "
"That makes sense . They won't increase the volume of product purchase if they can't rely on the manufacturer . "
"Right . You probably know well, President Goo . Manufacturing business is all about producing good products without any defect . A large company like S Group doesn't accept products from a company that is consistently producing defective products just because someone who has a connection with them is asking for it . "
"Hmm . "
"Your company, President Goo, GH Mobile is producing some defective products as well . You might not have received any report specifically about the defective products, but your company has probably recalled several products already . The department which is in charge of it should be aware of it . "
"I believe you have been working mostly for a company that is registered with KOSDAQ . Have you ever worked for a company that was a private company but became a public company while you were working there?"
"Of course . After I helped one company go public, they let me go instead of promoting me . "
"Who did that?"
"What do you think? Obviously, the company owner's family did that . "
"They are so bad . "
"The large company's owners, especially the founder's children or grandchildren have very different and unique mindset and approach in handling things in life . "
"Could you elaborate?"
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"I would say it is like elitism . They think they are the dominant group in the society, and most people are the workers for them or slaves . I had participated in a civil rights protest when I was in college before I entered into S Group, but I am not saying this because I am biased . "
Mr . Song looked at the lake nostalgically while having a cup of coffee .
"It has been already 24 years since I began my career with S Group . I've had a good life while I was working there, so I don't have any resentment toward them now . "
"Sir, why don't you join us to GH Mobile? Let's work together . "
Mr . Song's eyes widened .
"I do appreciate your offer and thank you for highly recognizing my ability at work . I actually do like you, President Goo . I was told that you started your career as a factory worker . At first, I didn't believe that, but I realized later that it was true . It must have not been easy for you to come this far and I admire you for it . And I highly recognize your success at a young age . I was intrigued by your unique career path and it was interesting for me to see how you grow your company . "
"Thank you . "
"However, I don't think there is much I can do for GH Mobile . "
"I just want you to be there . We were able to successfully develop our new product—AM083 Assembly because of you, sir . "
"Don't say that . GH Mobile developed that product with its technology and system . "
"Do you remember I told you before that I consider you like my older brother? Please join me at GH Mobile, I need your help, brother . "
"Well, I don't know . If I join you, I want to be productive at least as much as I get paid . "
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"Join us and help us go public . "
Mr . Song finished his coffee . He turned his head to Gun-Ho; he looked serious .
"If I successfully help GH Mobile go public, what would you give to me in return?"
Gun-Ho didn't expect the question, and he couldn't quickly respond to him .
Mr . Song continued,
"Even though I like you personally, President Goo, business is business . I don't want to make the same mistake . I don't want to be kicked out once I help a company go public . "
Gun-Ho made a serious face and asked,
"What do you want in return, sir?"
It was getting dark and several college students started coming into the café .
Silence filled the air .
Mr . Song broke the silence and said,
"Once GH Mobile is successfully registered with KOSDAQ, the price of the shares will increase ten or twenty times the current price . You know that, right?"
"Yes, I know that . "
"Well, since GH Mobile is not a pharmaceutical company or an IT company that often produces a new product, but it is a manufacturing company, the price of the share won't increase that dramatically, but at least it will increase five times the current price . "
"I am aware of it, too"
"Then you know what I want . "
Gun-Ho laughed .
"So, you want company shares . "
"Before I left home to meet with you today, I read GH Mobile's financial statements . There are lots of things to be done in order to fulfill the requirement of KOSDAQ registration . I can make GH Mobile be registered with KOSDAQ within three years . Give me the company shares . I want 3% of what you are currently holding, President Goo . "
"3% . . . "
"I am not asking that I want to participate constantly in managing GH Mobile . I am getting old so I can't hold it for a long time anyway, and I will let my power in managing the company go when the time comes . "
"Okay . I will give you 3% of the GH Mobile shares . Also, since you used to work as a vice president for a large company, I will give you a co-president position at GH Mobile . "
Mr . Song extended his hand to Gun-Ho for a handshake . Gun-Ho grabbed it . The female college students of Dankook University, who were sitting at a table across the hall, looked at Gun-Ho and Mr . Song and laughed . They were probably thinking that these two middle-aged men were acting weird in a café .
Note*
Gejang – Fresh raw crab dish, which is marinated in soy sauce