Chapter 964
An hour later, Kyle got to Regal Riverside and took Quinn to The Mellon Group.
On the way, Kyle filled her in on the company's situation.
"Xavier and hisfamily are abroad. We've cleared out most of the stubborn shareholders and cut some unnecessary business. Right now, the company doesn't have many projects."
Kyle handed her a document. "Check this out."
Quinn skimmed through it. The Mellon Group was working on a few projects, mainly a big construction project-a commercial district in the neighboring state, nearing its second phase. There was also a railway project that started late last year.
It looked like The Mellon Group focused on civil engineering and real estate.
Quinn felt unsure about managing such a big company. She asked, "Do people know who the boss is?"
Kyle replied, "Not yet. If you want to take over, you can announce it."
Quinn thought for a moment and shook her head. "Let's keep it quiet for now. I don't want it to affect the company's development."
Kyle nodded. "That's fine. Get familiar with things first."
They arrived at the company, and Kyle led her upstairs.
Kyle had contacted the general manager, Lester Scott, earlier. Lester greeted them warmly.
"Mr. Astor, good to see you." He smiled, shaking Kyle's hand, then glanced at Quinn. "Is this Ms. Mellon you mentioned?"
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Quinn felt a bit odd hearing that title. Since marrying Alexander, few people called her that.
Kyle smiled. "Yes, but keep it quiet. Quinn is just here to look around, no pressure."
"Oh, got it. This way, please." Lester led them to the elevator.
In the conference room, Lester made tea for them. He asked, "Ms. Mellon, are you here to tour the company or check on business progress?"
Quinn glanced at Kyle, who gave her an encouraging look.
Quinn said, "Let's just chat. I'm not very familiar with the business."
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Lester started, "Alright. The company started operations not long ago. With the change in shareholders, there have been many personnel changes, including resignations and dismissals. Our main task now is to recruit new employees. Also, with some business cut off, the ongoing projects are still in progress, and the next major project payment is expected in three months."
"So, the company is a bit tight on funds right now," Lester said, smiling awkwardly. "If you want to do something, I suggest securing some investment first to develop new business."
Quinn asked, "If we don't develop new business, is the current funding enough?"
Lester hesitated. "It is, but just barely. If any project hits a snag, the cash flow will be disrupted, affecting other business. We need a financial reserve."
Kyle added, "Before Xavier went abroad, he invested in many projects, tying up the company's funds. Those projects won't yield returns soon. I cut off the ones without prospects and recovered some funds. But considering the company's other income, it might still be hard to last three months."
Quinn quickly realized Xavier had caused trouble before leaving. She asked, "So how much do we need?"