Chapter 359: 155, United States Logistics
Atlantic City, Block Tavern!
Walker was utterly speechless as he looked at Donnie, holding the list of expenses Donnie needed to cover this time.
"Donnie, do you know how much money you need to pay this time?"
Donnie sat on his sofa, holding a glass of wine, and chuckled at Walker, "I thought you were here to give me a wedding invitation!"
Walker was finally going to officially marry Maholi. However, the marriage of their two families was certainly no small affair, and there were too many things to prepare. Thus, they would first have to get engaged and marry a year later.
"Robert, don't you know about Donnie's financial situation? Why didn't you stop him when he was doing these things?"
Walker didn't respond to Donnie's words but, knowing he couldn't out-talk Donnie, turned to berate Robert instead!
Robert, sitting there as well, calmly said, "Dear Walker, don't you know Donnie's character? Once he has made up his mind about something, do you think it could be changed?"
Walker again directed his ire at Donnie and shouted, "Let's sort out the places where you need to spend money right now.
First, you donated 300,000 US dollars to the U.S. Army Veterans Settlement Office, which you'll donate every year. I won't comment on the amount, but being able to connect with the Army makes it all worthwhile!
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Second, the weapons you purchased from the U.S. Army, my God, enough to equip an entire brigade! Although there are no heavy weapons, a rough estimate still requires at least 300,000 dollars. Honestly, if I were Pan Xing, I'd think you were planning to start a small-scale war domestically.
Third, the purchase of transport trucks. Have you forgotten that you've already bought 30 trucks before? Now, you're ordering another 170 from Ford Motor, and even if Ford has given you a discount to 800 dollars per truck, that's still 136,000 dollars.
Fourth, there are the small freighters and mini cargo ships. Don't you know the Navy only agreed to sell you five small freighters, and the rest need to be ordered from the shipyard! This expenditure requires at least one million dollars!
Fifth, you're also getting into oil drilling. Even if you acquired the drilling rights for just 300,000 dollars, when you add in equipment, talent, and technology, well, I think you've guessed this, which is why you brought in Gulf Oil, but I conservatively estimate this item will cost you at least 500,000 dollars.
Sixth, and the one I can hardly stand, you're planning to recruit a team of 3,000 people in one go. Don't you realize their wages will cost you a million dollars a month? Didn't you do the math on this, or was your math teacher a gym instructor?"
Looking at the angry Walker, Donnie was unperturbed and said with a smile, "So what you're saying is, I need to prepare at least 3.236 million dollars within these two weeks?"
Walker said, "Yes, do you think it's easy to come up with over three million in cash?"
Donnie remained calm, "Then do you know that this over three million dollars in cash is just from the oil sector alone, and the profits in the next few years will be counted in tens of millions of dollars?"
Walker said, "Of course, I know that, and I also know that once your transport team is officially set up, it could bring you nearly a hundred million dollars in profit each year. But so what?
The pressing issue now is, if you spend this money, you won't have much cash left in hand. What will you do if you encounter any problems then?"
Donnie's private liquor business had started to recoup its profits, but because Donnie's transport team had not yet been established, the so-called nearly a hundred million dollars of profit had not really appeared.
However, as of now, Donnie also had a cash pool of nearly five million dollars in his hands!
This amount, in later times, would be equivalent to a cash pool of at least five hundred million dollars!
In Walker's view, not having enough cash flow in business was an extremely dangerous thing.
Donnie reassured Walker, "Don't worry, it's not as difficult as you imagine. There are less than three months left until the century boxing match between George Caponti and Jack Dempsey.
Once their match is over, our cash flow will be replenished, and it will only increase!"
Donnie had a prior plan for this matter. The delivery of cars and ships would take at least three months, and currently, only the deposits needed to be paid.
Actually, what's most difficult now is the 3,000-person transport team; that's where the bulk of Donnie's payments truly lie.
But, initially, to win Pan Xing's support, Donnie had to passively accept the situation, even though he knew it was difficult.
Fortunately, the paperwork for the five navy freighters was completed, and now Donnie could open his own transport lines between the United States and Europe!
That way, he could have these people get acquainted with marine transport sooner.
Walker still helplessly reminded him, "You shouldn't do this, prematurely recruiting three thousand people, behind them are three thousand families. Moreover, you're also a veteran who should understand that the number of people who can seamlessly connect back with normal life, like you did, is limited. Many of them will likely have some degree of psychological issues, and if they cause trouble for you, it will be very troublesome!"