{
  "uri": "alkn://truthloops/securities/negative-listing-not-asset-validation",
  "contents": [
    {
      "uri": "alkn://truthloops/securities/negative-listing-not-asset-validation",
      "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\": \"negative-listing-not-asset-validation\",\n  \"branch\": \"securities\",\n  \"polarity\": \"negative_disambiguation\",\n  \"bounded_proposition\": \"REFUTES: \\\"Venue admission proves that the nickel inventory is worth the appraisal amount.\\\"\",\n  \"required_evidence\": [\n    \"Venue admission scope (bounded)\",\n    \"Venue-performed asset-valuation records — where they expressly exist\"\n  ],\n  \"correct_relationship\": \"Venue admission supports the seriousness of the issuance infrastructure and compliance process. It does NOT independently prove physical quantity, specification, title or realizable value unless the venue expressly performed and documented that work.\",\n  \"closure_condition\": \"PERMANENT disambiguation loop. Active whenever venue admission is cited in proximity to valuation.\",\n  \"do_not_publish\": [\n    \"\\\"Listed → therefore valued at USD 1.64B\\\"\",\n    \"\\\"Admitted for trading → therefore valuation confirmed\\\"\",\n    \"\\\"Venue admission validates the appraisal\\\"\"\n  ],\n  \"linked_loops\": [\n    \"venue-admission\",\n    \"pre-listing-legal-review\"\n  ],\n  \"status\": \"OPEN\",\n  \"effective_date\": \"2026-09-17\"\n}"
    }
  ]
}