Shinseong Lee Cheol-woo (6)
The Automotive Technology Expo in Tokyo ended, and we returned to Korea safely.
then a few days later
The world went into an uproar.
“Lee Cheol-woo, have you seen this article?”
“What else?”
“There was also an article in the Wall Street Journal in the United States.”
“The Wall Street Journal? What journal is it?”
It refers to things to see, such as journals and magazine news, but when it comes to Wall Street… … ? Where are you?
“Don’t you know the Wall Street Journal?”
“Oh, I think I’ve heard of it, but I’m not sure.”
“It’s a comprehensive daily newspaper that focuses on the US economy. All the big world economic news can come out of it.”
“Yes? In the field of economics, why? What articles?”
Team leader Seo showed the news on the tablet and talked.
“Korea’s Hyeonseong and scientist Lee Cheol-woo developed an ITE-X engine with a thermal efficiency of up to 61.2%. The public’s attention is focused on verifying the engine.”
“……hahahaha, verification. Isn’t it already over?”
“At that automobile technology expo, we were the verification body, so most people don’t believe it. Toyo Motors and Sla Motors are already requesting verification.”
“Okay. No, but why the Wall Street Journal?”
“I didn’t tell you the back story. If the performance of the ITE-X engine is verified to be the same as Hyeonseong’s announcement, international oil and stock prices will fluctuate greatly.”
hmm… … . In other words, is the economic effect great?
Well, yes, as someone said, this is an engine that transcends the times, so subjectively it was not inferior.
“hahahaha, I don’t know if Minseok bet properly.”
“Don’t worry about that. Oh, and you know that too?”
“What else is going on?”
“What’s going on? It’s happening second by second. Our CEO Hyeon-seong was summoned to the Blue House a while ago.”
“yes???”
what is this again? Isn’t the Blue House where the president resides?
“Yes. The Blue House called for a fact-finding investigation of the ITE-X engine.”
“No, why is the Blue House investigating that fact?”
“I don’t know exactly, but I guess, if the ITE-X engine is real, it’s thinking about the economic shock coming to Korea. And if it’s a lie, it’s not only Hyeonseong, but also Korea.”
“……. How far is this going to go?”
I kind of expected it.
If the ITE-X engine is released, Toyo Motors will verify it and other secondary industries will show interest.
But isn’t it too big even if the scale is bigger?
I thought it would be the scale of a large corporation, but in reality, the scale has grown to the extent that the country is moving.
“hahahahaha, I don’t know. How this will go.”
* * *
a few weeks later
The news of the development of the ITE-X engine has become so famous that no one knows about it.
「Is the ITE-X engine with 61.2% thermal efficiency real?」
「Eco-friendly, high-efficiency ITE-X engine verification team formed.」
A lot of people still didn’t trust the ITE-X engine.
「Attention as a next-generation engine by the United Nations Industrial Development Organization.」
「Research on rocket engines imitating the circulatory system of NASA ITE-X started.」
Several organizations have shown interest in the ITE-X engine.
“International oil prices are plummeting due to the development of the ITE-X engine.”
On the other hand, oil prices were fluctuating.
“Is Hyeonseong, who developed the ITE-X engine, Lee Cheol-woo, a contract developer?”
“Who is Lee Cheol-woo?”
Lastly, it drew a lot of attention to me who developed it.
It felt like the international community was in a hurry.
“Cheolwoo. Really… you did it. You did it.”
Like that or not, I was in the middle of meeting Minseok and his club friends after a long time in the club room.
“ha ha ha…….”
“Seriously, the whole world is paying attention to you. You are on the front page of every major news in the US, China, Japan and Europe.”
“I know.”
“Crazy guy. Seriously, I thought he would do it.”
“ha ha ha.”
Many news reporters came to see me, and requests for interviews flooded in, and various organizations requested verification.
The only problem was that there were too many of them.
My mailbox was already on the verge of exploding, and I couldn’t even turn on my phone.
So I blocked all means of contact, and now I don’t really feel it.
“So what are you going to do next? Can I stay submerged like this?”
“It won’t work.”
“Then what do you think?”
“Hmm, I’m sorting out my thoughts. Oh, but let’s ask that. I heard from team leader Seo, what the hell does short betting on oil futures mean?”
“Ah? That’s not a big deal. I put all the money in our LF Co., Ltd. into it.”
LF Co., Ltd. It is an abbreviation for Rifle.
While I was studying with the team leader for a while, Minseok established LF Co., Ltd. and assigned all patents to it.
I own 79%, Minseok 19%, Hyejeong 1%, Changsoo 1%.
I was the current CEO along with Minseok.
“……? Huh? Did you confuse everything there? How much is that money?”
“It will be around 100 billion.”
“……. what?”
This, this, Minseok, isn’t this guy crazy too? You bet 100 billion won? did i hear it wrong?
“You heard it right. I burned 100 billion won on a 10x leverage short on oil futures.”
“So what are the results?”
“You know the outcome.”
“I only heard that it collapsed, how much did it collapse and how much did you eat?”
“Well, to put it simply, the oil futures market, which was around $60 a barrel, went down to $30. It crashed about twice as much.”
“Yeah. So?”
“The magic of turning 100 billion won into 2 trillion has been manifested.”
wait a minute what? did i hear it wrong?
“ok?”
“Two trillion. Um… So I earned 1.9 trillion won.”
“Wait a minute, aren’t you confused between trillions and billions?
“What do you say, Lee Cheol-woo, we’re not amateurs anymore. Since you own 79% of the shares… well, if you calculate. You’re holding roughly 1.5 trillion won.
… … . What are you talking about?
Surely, until recently, was it 30 billion won as a down payment and royalties to LF? I think I saw it plugged in.
But when did it grow to 100 billion… … . Did that become part 2 again?
Anyway, one thing is for sure.
“That’s absurd.”
Isn’t it really absurd, it seems that even a year ago, I was making a few million won. what? Are you holding trillions of money now?
Let’s calculate for a moment how much money is 1 trillion.
In order to spend all of the money, 27 million won a day for 100 years, it is money that can be spent.
“hahahahaha, that’s absurd, right? But you know what’s even more absurd?”
“What?”
“The fact that you completed the ITE-X engine. Is it amazing that I made 2 trillion with 100 billion won? Or is it amazing that you developed the ITE-X engine? Even if you catch it, it will be 1,000 trillion won?”
“What…… 1,000 trillion.”
Wow, what the hell am I doing?
“Of course I can’t put a value on it. I just called it.”
“Why do you think so?”
“Yes, because the state is moving. If you look at the national budget going back and forth from 100 trillion to 500 trillion, it’s roughly the size.”
“Ugh, I’m scared.”
“Anyway, don’t worry about money, I’m making a ton of money.”
… … . No, what kind of Minseok does that guy have no brakes?
Is it the same for me?
“Hey, let me raise my salary.”
“How much? Is 200 million not enough?”
His current salary was 200 million.
“Yes. Let’s do one billion.”
“Okay then, then.”
“…”
Was it that easy? In an instant, the annual salary rose to 1 billion.
“Can I put it up a little too?”
“Why? Take my permission? Can’t you do whatever you want?”
“No, you’re the co-representative, but you’re the real owner, Lee Cheol-woo.”
“Uh… so how much do you want to raise? No, it’s more than that now.”
“100 million now.”
“So how much are you going to raise?”
“100 million more?”
“Yeah… it’s a b*tch.”
“And take 10 billion as an incentive?”
“Do whatever you feel like.”
There was 2 trillion won in the company’s bankbook, but the money didn’t look like money.
“The company’s accounting team must be busy.”
“Oh, is the company running well?”
Minseok bought a decent building and established LF Co., Ltd., and I heard that there are several employees working there.
From noble mtl dot com
I couldn’t even go there properly because I was stuck in Hyunseong’s lab.
In addition, the club room was also given by the professor to spread the name of the school and use it for free for the rest of your life, so there were things I could talk about here.
“It’s going well. Do you want to go see it right now?”
“No, that’s okay. Later, when the opportunity arises.”
Minseok must be taking good care of it.
“So what are you going to do? Are you going to keep hiding in the club room like this? You have to deal with everything.”
“Um, yes. That would be nice.”
“what?”
“I’ll suggest moving up the release date.”
“Release date? X-380?”
“huh.”
“……? Is that okay?”
“Don’t you know? I’ll have to tell you. Let’s go.”
“Yeah, it’s hard.”
I set off for Hyunseong again.
* * *
The first place I visited after arriving at Hyeonseong was not the laboratory.
“Hello, Vice President.
I came to see the vice president.
“Hello. I’m Kwon Min-cheol, vice president of Hyeon-seong. It’s an honor to meet CEO Lee Chul-woo, who is emerging globally.
Are you treating me better than you think? As a contract researcher, I thought I would be seen as a subordinate… … .
That’s not what’s important now.
“What’s wrong? You were trying to visit me?”
“Yes. We have something to discuss.”
“For me?”
Why would the vice president have a discussion with me?
“Yes. That…… I wonder if the release of the X-380 should be accelerated.”
“yes????”
What, I was thinking that too… … ?
“In a situation where we are already ready for mass production, the verification teams are a pain in the ass.”
Certainly, the X-380 was designed for mass production.
Should I call it Team Leader Seo’s grace? Anyway, because of that, I was greedy and it was designed to be mass-produced.
Going through verification was just one more hassle.
“Ah… you thought the same as me. That’s why I came here too.”
“hahahahaha, that’s right. It’s already being prepared for mass production, but wasting time on verification is inefficient.”
“Um, but is that possible? Didn’t you say that it would be a bit difficult because there are a lot of related car inspection tests?”
“That’s… I don’t know if you’ve heard the news, but our representative went to the Blue House once.”
Oh, I think I heard this.
Obviously, team leader Seo told me.
“Yes. I think I heard it.”
“They say the story ended the day before yesterday.”
“What are you talking about?”
“The Blue House looked at the ITE-X engine with interest, and our CEO put a deal on it. Ask them to push it, it’s an opportunity to lose their status worldwide.”
“……was it?”
“Yes. As a result, we have been able to receive the highest priority in various tests conducted by the state and the private sector.”
“…”
really, what… … . It’s exciting.
Hyeonseong was also trying to speed up the release in his own way, and the government also responded.
“Let’s release the X-380 in June.”
“yes!”
Not only Hyeonseong, but also the Korean government was helping out.