Chapter 116 Troubles Of The Gilbert Group

• At eight o'clock that night, a group of men gathered at Gilbert Group's headquarters.
• Gilbert Group was established by its chairman, Gilbert Waber, and focused on manufacturing medicine. It was the best medicine manufacturer in the state and one of the top ten pharmaceutical corporations in the country. The company had been around in Chanaea for twenty years and had made its name through vital energy pills. The pills had also become a legend for some time in this industry too. However, as time passed, many pharmaceutical corporations subsequently offered cheaper and more effective products. Their packagings were more delicate, and they used celebrities to promote their products. Gilbert Group eventually was pushed to the brink of extinction as it continued to operate in an old-fashion way and was constantly squashed by large corporations. Though Gilbert finally noticed their situation and changed the packaging of the existing medicine while trying to get celebrities to promote their products, it was already too late. At that point, all the excellent A-list celebrities essentially were controlled by large pharmaceutical corporations. When they managed to get two famous young stars to promote the medicine after paying them loads of money, scandals about them appeared one after another, causing the sales to plummet further and the corporation to lose a large sum of money.
• Presently, Gilbert Group was running at a loss and owed a considerable amount to many different banks. They even failed to pay the company's executives and employees their salaries. At that time, those interested in taking over Gilbert Group had to pay off the company's debt before considering how to revive its five billion value. It wasn't an easy task.