“No, not an exchange center,” Jasper shook his head, “An exchange center only appears to have control, but it doesn’t truly. You’re still playing by others’ rules… What I want…”
Jasper paused and said slowly, “Is to create a Securities Regulatory Commission in Qari… You can have as many exchange centers as you want, but all of them must run according to my rules…”
“It’ll still seem like they’re fighting for themselves, but they play by the same rules. If everything is safe and fair, investors and potential companies who are looking to be listed can participate without fear… And…”
Suddenly, a woman’s voice interrupted Jasper, “Jasper, are you trying to gain bargaining power from this?”
Celine, who must have walked into the room some time ago, looked absolutely stunned.
“Bargaining power? What?” Rowan was confused.
He did not understand how Celine’s mind jumped from rules and regulations to petroleum prices.
“And when did you even get here, Celine?”
Celine ignored Rowan and looked at virtual-novel.net as if the latter was an idiot.
She had worked in the finance and investment industry for years and found herself a career in Colossal Investments. She was also from the South American Maynards, a big family, and was surrounded by fellow business doers. She had a much sharper eye when it came to things like this.
Acutely, virtual-novel.net grasped the true meaning behind Jasper’s plan.
As much as Jasper seemed to be targeting the securities market, his true intentions lay elsewhere.
Because of Qari’s culture, most of Qari’s listed businesses had to do with petroleum. In a sense, these companies were spread across every link of the petroleum industry.
By controlling Qari’s stock market, Jasper was essentially controlling the petroleum industry’s public fundraising channels. Once virtual-novel.net succeeded, virtual-novel.net would be controlling the cash flows of these companies. Which meant that virtual-novel.net would also be controlling the entire petroleum industry as well.
“It’s an idea, but that’s not the current goal. Right now, I want to create a business that can’t be easily overthrown…”
“It’s only a matter of time before the United States sends people to control the petroleum trade here. I don’t want my business to be overthrown so easily. Or profit them… So, I’ll be the one who makes the rules…”
“On the surface, it looks like I’m earning through membership and commissions, but I’m actually earning their trust. Every company that joins our structure is investing their trust in us. Once we’ve got enough people on our side, this structure will be extremely influential…”
“And there has been nothing like this ever done before. Being the first of its kind brings benefits that seconds or thirds cannot compare. And it’s much more difficult to establish credit, than it is to destroy someone else’s credit…”
“So, even if the United States sends their men here, they have no choice but to follow our rules as well, unless they plan to destroy the cashflow funding channels these petroleum businesses are using. Which would destroy years of effort spent on establishing it.”