{
  "uri": "alkn://truthloops/securities/edison-65000x-negative-not-automatic-validity",
  "contents": [
    {
      "uri": "alkn://truthloops/securities/edison-65000x-negative-not-automatic-validity",
      "mimeType": "application/json",
      "text": "{\n  \"source_role\": \"doctrine\",\n  \"observation_type\": \"doctrine\",\n  \"evidence_payload_retrievable\": false,\n  \"scope_temporal\": \"permanent_doctrine\",\n  \"loop_id\": \"edison-65000x-negative-not-automatic-validity\",\n  \"branch\": \"physical-asset\",\n  \"polarity\": \"negative_disambiguation\",\n  \"bounded_proposition\": \"The 65,000× ratio does NOT establish automatic validity of the appraisal. Realizability depends on specification, qualification, buyer demand, transaction size, selling period and executable market evidence — none of which are proven by the ratio itself.\",\n  \"required_evidence\": [\n    \"Specification-conformance evidence per lot (chemistry, dimension, tolerance, surface, packaging)\",\n    \"Qualification evidence (customer-specific approvals for the specific application pathway)\",\n    \"Executable buyer bid at the specification, quantity and delivery basis assumed by the appraisal\",\n    \"Selling-period and lot-size compatibility evidence\",\n    \"Arm's-length completed transaction at or referenced to the appraised basis\"\n  ],\n  \"correct_relationship\": \"Specialty products can routinely be worth vastly more than their raw materials. The unresolved question is whether this exact inventory has the required conformance, customers and market depth to support the appraisal across the relevant quantity. The 65,000× ratio demonstrates the importance of product form and conversion value; it does not answer the realizability question.\",\n  \"closure_condition\": \"PERMANENT disambiguation loop. Active whenever the 65,000× ratio, the specialty-wire appraisal or any product-form conversion argument is cited.\",\n  \"do_not_publish\": [\n    \"\\\"Because the wire's appraisal is approximately 65,000× its raw-metal value, the appraisal is automatically valid\\\"\",\n    \"\\\"Specialty appraisals are self-validating\\\"\",\n    \"\\\"Product-form conversion value is proven realizable\\\"\",\n    \"\\\"Market depth is unnecessary when the specification is unique\\\"\"\n  ],\n  \"linked_loops\": [\n    \"edison-65000x-positive-product-form-indicator\",\n    \"product-form-premium-10-25pct-disambiguation\",\n    \"realizable-value\",\n    \"specification-conformance\"\n  ],\n  \"status\": \"OPEN\",\n  \"effective_date\": \"2026-09-17\",\n  \"independence_group\": \"ig-edison-research\",\n  \"arithmetic_basis\": \"UNRESOLVED\"\n}"
    }
  ]
}