"The purpose of the loan is the R&D and production expenditure of TVs and microwave ovens. I will briefly list a few possible expenditures here..." Wells scratched his head and paused for a moment and said: "First of all, the human resources expenditure in R&D. The technical content of TVs and microwave ovens is not low. We need to form a team of R&D engineers with at least 50 people, including 30 TVs and 20 microwave ovens. The weekly salary of these engineers is at least 200 US dollars, and the most may be more than 300 US dollars. The annual salary of fifty people is to prepare 500,000 US dollars. Of course, the premise of all this is that we can recruit. So far, only 24 engineers that meet the requirements have been recruited."

Speaking of this, Wells nodded at Evan apologetically.

Evan waved his hand and said, "It's okay. You can go to General Electric, Motorola, Bell and other companies to poach people. Well, go with the check, and there will always be someone coming."

Wells nodded, signaling that he knew, and then continued:

"The next step is the expenditure on technology and patents. In terms of televisions, we hope to purchase Dumont Laboratory patents. This part requires preparation of US$200,000 to US$500,000. The specific amount depends on the negotiation results. In terms of microwave ovens, we have reached a preliminary cooperation agreement with Raytheon, the largest magnetron manufacturer, Raytheon. Raytheon will provide sufficient magnetrons as required, at the cost of authorizing the patent for microwave ovens to the other party. This article has been agreed, so there is not much expenditure on technical aspects of microwave ovens."

"Oh, by the way, because the company has no technical foundation in magnetrons, we specially invited a Raytheon expert to join us, his name is Percy Spencer. For his job change, we need to pay an additional 50,000 US dollars in compensation."

"Above, a total of at least $750,000 is required."

"Next, when actually developing, you need to prepare at least $500,000 for consumables expenditure."

"If the product development is successful, then there will be production preparations, including advance payments from factories, workers, suppliers, and preparations for sales, including stocking, promotion, etc. These two parts are not easy to estimate, but referring to the situation in the stew pot, I expect to have to prepare at least two million US dollars."

"In total, we need to prepare at least 3.25 million US dollars to cope with the development of the two products, TV and microwave ovens. Of course, this figure is calculated based on the premise that the development cycle does not exceed Evan's requirement - one year."

"If the development process exceeds the deadline, this number will increase accordingly."

"So, I think the amount of five million is necessary."

Wells finished speaking and looked at Carl.

Carl thought for a while and asked, "Evan, that development deadline..."

Evan then added: "I'll talk about that one year deadline."

"The reason why this request was specifically made is based on two judgments."

"First, the result of the United States v. Paramount case and the interference of the non-US committee in Congress in Hollywood will bring Hollywood movies into a downturn. But Hollywood's capital needs a way out, and the television media, which is in its infancy, becomes the best choice. Therefore, the television industry will quickly rise with the support of capital."

Carl, who works and live in Los Angeles, naturally understands the two events mentioned in Evan's explanation. Hearing Evan's words, Carl, who was born as a lawyer, subconsciously questioned: "Evan, do you think Paramount will lose if the United States sued Paramount?"

The "United States v Paramount" is the most concerned case in Hollywood at present. This case began in 1938. The Ministry of Justice believed that Hollywood's film studios made movies and had theaters suspected of monopoly, so they put the major Hollywood studios on the dock. Paramount Pictures was the main defendant because of its largest scale. In 1940, the case reached a settlement agreement, but the studio did not fully abide by the agreement. Therefore, in 1943, the Ministry of Justice filed a lawsuit again. The case was made on October 8, 1945, one month and six days after the end of World War II, and the Department of Justice immediately appealed. At present, the case has arrived at the U.S. Supreme Court and will be heard at the beginning of next year.

Before Evan spoke about Carl's questions, Lewis Walker said: "I think Evan's judgment is very reasonable. In the current Supreme Court, conservatives account for the majority. They hate monopoly and will not allow Paramount Pictures to exist."

Carl thought about it and did not argue with Lewis.

As for another major event, the non-US committee of Congress interferes with Hollywood, because it involves the attitude of American society towards red thought, we will not explain it in detail here. As long as you know, in October of that year, the House of Representatives held a hearing, and Disney founders Walt Disney and Reagan attended the hearing. In November, ten writers and directors were fired by the studio for refusing to attend. The list containing these ten people is called the Hollywood blacklist, and in the future, this list will continue to expand. People on the list will not only lose their jobs, but will even suffer personal threats. This magical scene can be regarded as one of the representative notes of the Cold War period.

After Carl didn't say anything, Evan continued:

"The other is that because TVs have the dual attributes of entertainment and information dissemination, TV sales will be in an upward period for a long time in the future. Currently, there are about 100,000 TVs in the United States, and in contrast, there are 40 million radio stations. I think it is possible to popularize TVs one by one. Therefore, it is conceivable how big the market and profits there are."

"It is precisely because of the huge profits that there are many people trying to get a share of the pie. If we want to gain a foothold in this industry and take a step faster, I think it is necessary. So I gave a one-year development period."

"Okay..." Hearing this, Carl could not understand that Evan was determined to do it, so he would not sing the opposite: "I should have no problem with money."

"The question is, Evan, do you have any requirements for which bank loan you accept?"

Evan said: "Of course there is!"

"I'll talk to you alone after a while."

Carl nodded and said, "Okay!"

Then, Evan asked Wells about the difficulties encountered in recruiting people and the production and sales of stew pots.

Wells answered one by one.

The difficulty of recruiting people is nothing more than the candidates who think the company is small, have no popularity, and have no guarantee of salary. This is easy to solve. Evan made the decision to authorize Wells, giving the salary to the highest in the industry and the best benefits to the best.

As for the sales of stew pots, the line of sales of 3,000 units per month has just exceeded the line of sales of 3,000 units per month. Although it is not very good, it is growing steadily. Wells judged that with the arrival of winter, under the influence of publicity and promotion, sales have the opportunity to rise to 5,000 units per month. This is definitely a successful start for an emerging electrical appliance company and a brand new product.

It is precisely because of this that banks dare to give a credit of 5 million.

However, Evan was not very satisfied with this sales. After thinking about it, he said to Wells: "Winter is very suitable for using a stew pot. We need to strengthen marketing in a targeted manner. Well, you have to be responsible for the new product matters. I'll let Gillard come and help you with the promotion."

Wells thought about it. Although Evan's approach was a good thing, it was a good thing for him. He replied: "Okay, I have no objection. Come here, I will cooperate well."

"That's good!" Evan said with satisfaction: "Application Physics Systems Company has said this in advance, and next is Bondy..."

"Lewis, can the FDA review of sterilized band-aids be faster?"

Evan's sudden question made Lewis's body stiffen and he stammered: "This... I'll try my best."

Evan looked at Lewis, put some pressure on him, and said to Carl: "Although the Marshall plan has not been passed yet, it is definitely a foregone conclusion. If you add aid to Band-Aids, you can use snacks and promote them with Johnson & Johnson, and you must succeed."

Carl nodded and replied, "I get it."

"By the way, how is the sales of Band-Aid?"

The ordinary model of Band-Aids officially started production in July. In August, with the offensive of TV advertising and print media advertising, it was fully launched and sold. With the cooperation of Johnson & Johnson's channels, it became popular in pharmacies and department stores across the United States as quickly as possible, and the "Bondi" brand has also entered the sight of countless families.

In the first month of the sale, Band-Aids received unanimous praise from consumers for their powerful efficacy and ease of use. This reputation is even so good that users are willing to recommend it to others. In this case, when one-to-one spreads to ten or ten, sales staff of Applied Healthcare and Johnson Johnson found that in the end, there was no need to even call advertisements. As for the sales volume in the first month, Johnson II, chairman of Johnson Johnson, spoke out that he would reward the first intelligence personnel who discovered the Band-Aids product.

This result did not exceed Evan's expectations at all, so he was particularly calm. It has been October now, but this is the first time that Evan is concerned about the sales of Band-Aids.

Carl was slightly stunned and then replied: "Very good, the factory now needs to operate at almost full power to meet the needs of the market."

“We are evaluating whether we need to go to a new production line…”

Regarding Carl's failure to give a exact number, Evan did not ask, "What about the evaluation results?"

Carl said: "The sales volume of Band-Aids is an upper limit. According to market evaluation, the limit can reach the annual average per capita use. At present, the population of my country is 140 million, so the market capacity of Band-Aids in my country is 280 million. Of course, this is the peak that can be achieved when Band-Aids completely replace the gauze used before."

"At present, the daily production of the Wilmington factory is 500,000 pieces, with an annual output of about 180 million pieces. In terms of sales, it reached 1.254 million US dollars in September, well, that is..." Carl's eyes turned and converted the data he recalled, "about 380,000 pieces per day."

"If Band-Aids successfully join the Marshall Plan, stocking must be limited. I think $5 million of goods is necessary. In addition to the normal export needs, we evaluated that the production capacity needs to be expanded to 700,000 pieces per day."

After listening to Carl's report carefully, Evan said: "Since there is a gap, then add the production line. The investment you deserve cannot be saved."

"What I said is..." Carl echoed: "By the way, when it comes to Marshall Plan, Ando Ichiki called over yesterday and expressed his gratitude to you."

Evan smiled and said, "Anto is so quick to act. He should have reached an agreement with Mr. Prince."

He looked at Carl with a smile and said, "Look at you..."

Carl said ashamed: "We are not capable enough."

Evan sighed and said, "Forget it, it's not your fault, after all, you're not light."

He raised his left hand and glanced at the time, "It's getting late, so that's all today. Lewis, Wells, you guys go back first."

Wells and Lewis left the office as they said. When they left the office, they both breathed a sigh of relief.

Over time, Evan's power became heavier and heavier.

At this time, Evan and Carl were the only ones left in the office.

Carl got up and poured Evan a cup of coffee. What he wanted to talk about next was naturally about the loan bank.

After taking a sip of coffee, Evan did not say this immediately, but suddenly mentioned another thing, "I have read the experimental data sent by 3M. I think it's okay in the indicators. Take some time to explain to Ronald Anderson and ask him to take the sample to test it. I put the information on the things I want to make in the safe of the alphabet company."

"If the result is OK, let Davidson add it to the product line of Magic Seven."

Carl nodded, indicating that he understood.

Coffee has excellent refreshing effect. After talking about 3M, Evan finally talked about the bank's choice.

"Carl, the choice of lending banks, you first talk to those on Wall Street."

"Ah?" Carl said in surprise: "Why, in general, their conditions are not the best."

Evan made a pressing move in the air with his right hand, telling Carl not to be anxious, and listen to him first: "I know this."

"Just as if they have various conditions attached, I have conditions too."

"Two conditions, who promises to borrow from whom. Please pay attention to the order of negotiations, starting from Morgan House, and then Chase National Bank..."

"I have two specific conditions: one, I want to pledge the shares of Amor Company worth nearly 10 million US dollars; two, each company is different, please remember it a little..."

After Carl got the pen, Evan continued: "My request for Morgan House is that their bank shares..."

Hearing this, Carl opened his mouth wide.

"Evan, this is impossible to use as a condition, right?"

After a while, Carl asked.

Evan said quietly: "Of course it was impossible, but now it is different."

"Thomas Lamont (current chairman of JP Morgan) is in poor health. His descendants are not working in the banking industry. The shares he holds in JP Morgan will likely be exchanged for cash."
Chapter completed!