{
  "uri": "alkn://truthloops/securities/negative-usd-50m-not-valuation-proof",
  "contents": [
    {
      "uri": "alkn://truthloops/securities/negative-usd-50m-not-valuation-proof",
      "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-usd-50m-not-valuation-proof\",\n  \"branch\": \"capital\",\n  \"polarity\": \"negative_disambiguation\",\n  \"bounded_proposition\": \"REFUTES: \\\"The USD 50 million subscription validates the USD 1.44–1.64 billion inventory valuation.\\\"\",\n  \"required_evidence\": [\n    \"Subscription documentation (bounded to capital-raise scope)\",\n    \"Any arm's-length inventory-pricing mechanism in the transaction documentation — where expressly present\"\n  ],\n  \"correct_relationship\": \"The capital event may demonstrate investor participation and capital formation. It does NOT establish the realizable value of the inventory unless the transaction documentation expressly prices the inventory through an arm's-length valuation mechanism.\",\n  \"closure_condition\": \"PERMANENT disambiguation loop. Active whenever the USD 50m figure is cited in proximity to the USD 1.44–1.64B inventory valuation.\",\n  \"do_not_publish\": [\n    \"\\\"USD 50m subscription proves USD 1.64B valuation\\\"\",\n    \"\\\"USD 50m validates the appraisal\\\"\",\n    \"\\\"Subscription success = inventory value confirmed\\\"\"\n  ],\n  \"linked_loops\": [\n    \"usd-50m-capital-event\"\n  ],\n  \"status\": \"OPEN\",\n  \"effective_date\": \"2026-09-17\"\n}"
    }
  ]
}