{
  "kind": "all",
  "value": "all",
  "collectionKey": "slides:all:all:all-document-kinds:all-producers:all-orientations",
  "filters": {
    "documentKinds": [],
    "sourceTypes": [],
    "orientations": []
  },
  "total": 319975,
  "page": 2011,
  "pageSize": 60,
  "pageCount": 5333,
  "rows": [
    {
      "docId": "019dd923-622c-750b-8b98-6c161919ee4d",
      "docSlug": "090aa5466284",
      "documentTitle": "Healthcare Trust of America, Inc. (HTA)",
      "authorId": "54_Spruce_Point_Capital",
      "authorName": "Ben Axler",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "short_seller",
      "sourceTypeLabel": "Short seller",
      "presentationDate": "2018-06-07 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.3333334,
      "pageNumber": 14,
      "slideType": "expose_contradiction",
      "function": "expose_contradiction",
      "notes": "The slide uses a 'before-after' style framing to attribute poor stock performance to a specific individual's leadership.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b98-6c161919ee4d/14",
      "deckHref": "/decks/019dd923-622c-750b-8b98-6c161919ee4d",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b98-6c161919ee4d#slide-14",
      "loopMatches": [
        {
          "to": 16,
          "from": 10,
          "name": "Tale Two Worlds",
          "slug": "04-tale-two-worlds",
          "bestFor": "Competitive analysis, benchmarking, case for change",
          "matchId": "cde73ef4-cc5b-4311-b350-956b297f4f8c",
          "evidence": "The deck presents two worlds: the one HTA wants investors to believe, and the actual reality of its accounting practices and CEO's relationships.",
          "position": 0,
          "objective": "to contrast the narrative presented by HTA with the reality of its CEO's relationships and accounting practices",
          "structure": "Current State -> Desired State / Benchmark -> The Gap & Implication",
          "confidence": 0.7,
          "description": "Show the gap between two states to drive urgency or highlight opportunity"
        }
      ],
      "arcBeatMatches": [
        {
          "to": 16,
          "from": 10,
          "beatId": "b5cbe35a-6712-428e-8d85-c3b576ac795b",
          "arcName": "Overcoming the Monster",
          "arcSlug": "overcoming-monster",
          "beatName": "The Monster",
          "beatSlug": "overcoming-monster-the-monster",
          "evidence": "The sections on CEO Scott Peters and his relationships, as well as the tables and charts exposing contradictions in HTA's narrative, reveal the 'monster' of accounting irregularities.",
          "position": 1,
          "confidence": 0.8,
          "parentBeatName": "Hook",
          "parentBeatSlug": "hook"
        }
      ],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b98-6c161919ee4d",
      "docSlug": "090aa5466284",
      "documentTitle": "Healthcare Trust of America, Inc. (HTA)",
      "authorId": "54_Spruce_Point_Capital",
      "authorName": "Ben Axler",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "short_seller",
      "sourceTypeLabel": "Short seller",
      "presentationDate": "2018-06-07 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.3333334,
      "pageNumber": 15,
      "slideType": "expose_contradiction",
      "function": "expose_contradiction",
      "notes": "Uses red boxes to highlight specific directors with problematic historical ties to the CEO.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b98-6c161919ee4d/15",
      "deckHref": "/decks/019dd923-622c-750b-8b98-6c161919ee4d",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b98-6c161919ee4d#slide-15",
      "loopMatches": [
        {
          "to": 16,
          "from": 10,
          "name": "Tale Two Worlds",
          "slug": "04-tale-two-worlds",
          "bestFor": "Competitive analysis, benchmarking, case for change",
          "matchId": "cde73ef4-cc5b-4311-b350-956b297f4f8c",
          "evidence": "The deck presents two worlds: the one HTA wants investors to believe, and the actual reality of its accounting practices and CEO's relationships.",
          "position": 0,
          "objective": "to contrast the narrative presented by HTA with the reality of its CEO's relationships and accounting practices",
          "structure": "Current State -> Desired State / Benchmark -> The Gap & Implication",
          "confidence": 0.7,
          "description": "Show the gap between two states to drive urgency or highlight opportunity"
        }
      ],
      "arcBeatMatches": [
        {
          "to": 16,
          "from": 10,
          "beatId": "b5cbe35a-6712-428e-8d85-c3b576ac795b",
          "arcName": "Overcoming the Monster",
          "arcSlug": "overcoming-monster",
          "beatName": "The Monster",
          "beatSlug": "overcoming-monster-the-monster",
          "evidence": "The sections on CEO Scott Peters and his relationships, as well as the tables and charts exposing contradictions in HTA's narrative, reveal the 'monster' of accounting irregularities.",
          "position": 1,
          "confidence": 0.8,
          "parentBeatName": "Hook",
          "parentBeatSlug": "hook"
        }
      ],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b98-6c161919ee4d",
      "docSlug": "090aa5466284",
      "documentTitle": "Healthcare Trust of America, Inc. (HTA)",
      "authorId": "54_Spruce_Point_Capital",
      "authorName": "Ben Axler",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "short_seller",
      "sourceTypeLabel": "Short seller",
      "presentationDate": "2018-06-07 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.3333334,
      "pageNumber": 16,
      "slideType": "expose_contradiction",
      "function": "expose_contradiction",
      "notes": "The slide uses a callout box to synthesize the narrative of deep-seated conflicts between Thompson and Peters.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b98-6c161919ee4d/16",
      "deckHref": "/decks/019dd923-622c-750b-8b98-6c161919ee4d",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b98-6c161919ee4d#slide-16",
      "loopMatches": [
        {
          "to": 16,
          "from": 10,
          "name": "Tale Two Worlds",
          "slug": "04-tale-two-worlds",
          "bestFor": "Competitive analysis, benchmarking, case for change",
          "matchId": "cde73ef4-cc5b-4311-b350-956b297f4f8c",
          "evidence": "The deck presents two worlds: the one HTA wants investors to believe, and the actual reality of its accounting practices and CEO's relationships.",
          "position": 0,
          "objective": "to contrast the narrative presented by HTA with the reality of its CEO's relationships and accounting practices",
          "structure": "Current State -> Desired State / Benchmark -> The Gap & Implication",
          "confidence": 0.7,
          "description": "Show the gap between two states to drive urgency or highlight opportunity"
        }
      ],
      "arcBeatMatches": [
        {
          "to": 16,
          "from": 10,
          "beatId": "b5cbe35a-6712-428e-8d85-c3b576ac795b",
          "arcName": "Overcoming the Monster",
          "arcSlug": "overcoming-monster",
          "beatName": "The Monster",
          "beatSlug": "overcoming-monster-the-monster",
          "evidence": "The sections on CEO Scott Peters and his relationships, as well as the tables and charts exposing contradictions in HTA's narrative, reveal the 'monster' of accounting irregularities.",
          "position": 1,
          "confidence": 0.8,
          "parentBeatName": "Hook",
          "parentBeatSlug": "hook"
        }
      ],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b98-6c161919ee4d",
      "docSlug": "090aa5466284",
      "documentTitle": "Healthcare Trust of America, Inc. (HTA)",
      "authorId": "54_Spruce_Point_Capital",
      "authorName": "Ben Axler",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "short_seller",
      "sourceTypeLabel": "Short seller",
      "presentationDate": "2018-06-07 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.3333334,
      "pageNumber": 17,
      "slideType": "section_divider",
      "function": "transition",
      "notes": "The slide uses a spruce tree logo, likely representing Spruce Point Capital Management.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b98-6c161919ee4d/17",
      "deckHref": "/decks/019dd923-622c-750b-8b98-6c161919ee4d",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b98-6c161919ee4d#slide-17",
      "loopMatches": [],
      "arcBeatMatches": [
        {
          "to": 27,
          "from": 17,
          "beatId": "901333d1-2a35-4f19-be44-2b4cb249a720",
          "arcName": "Overcoming the Monster",
          "arcSlug": "overcoming-monster",
          "beatName": "The Struggle",
          "beatSlug": "overcoming-monster-the-struggle",
          "evidence": "The sections on HTA's statistically improbable results, weaknesses in the accounting organization, and potential culprits of accounting issues, present the struggle to understand HTA's true financial situation.",
          "position": 2,
          "confidence": 0.8,
          "parentBeatName": "Development",
          "parentBeatSlug": "development"
        }
      ],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b98-6c161919ee4d",
      "docSlug": "090aa5466284",
      "documentTitle": "Healthcare Trust of America, Inc. (HTA)",
      "authorId": "54_Spruce_Point_Capital",
      "authorName": "Ben Axler",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "short_seller",
      "sourceTypeLabel": "Short seller",
      "presentationDate": "2018-06-07 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.3333334,
      "pageNumber": 18,
      "slideType": "expose_contradiction",
      "function": "expose_contradiction",
      "notes": "The slide uses a red border to highlight the repetitive nature of the quotes.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b98-6c161919ee4d/18",
      "deckHref": "/decks/019dd923-622c-750b-8b98-6c161919ee4d",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b98-6c161919ee4d#slide-18",
      "loopMatches": [],
      "arcBeatMatches": [
        {
          "to": 27,
          "from": 17,
          "beatId": "901333d1-2a35-4f19-be44-2b4cb249a720",
          "arcName": "Overcoming the Monster",
          "arcSlug": "overcoming-monster",
          "beatName": "The Struggle",
          "beatSlug": "overcoming-monster-the-struggle",
          "evidence": "The sections on HTA's statistically improbable results, weaknesses in the accounting organization, and potential culprits of accounting issues, present the struggle to understand HTA's true financial situation.",
          "position": 2,
          "confidence": 0.8,
          "parentBeatName": "Development",
          "parentBeatSlug": "development"
        }
      ],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b98-6c161919ee4d",
      "docSlug": "090aa5466284",
      "documentTitle": "Healthcare Trust of America, Inc. (HTA)",
      "authorId": "54_Spruce_Point_Capital",
      "authorName": "Ben Axler",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "short_seller",
      "sourceTypeLabel": "Short seller",
      "presentationDate": "2018-06-07 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.3333334,
      "pageNumber": 19,
      "slideType": "kpi_overview",
      "function": "analyze_data",
      "notes": "The slide uses a narrow y-axis scale (0-8%) to emphasize the flatness of the growth trend.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b98-6c161919ee4d/19",
      "deckHref": "/decks/019dd923-622c-750b-8b98-6c161919ee4d",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b98-6c161919ee4d#slide-19",
      "loopMatches": [],
      "arcBeatMatches": [
        {
          "to": 27,
          "from": 17,
          "beatId": "901333d1-2a35-4f19-be44-2b4cb249a720",
          "arcName": "Overcoming the Monster",
          "arcSlug": "overcoming-monster",
          "beatName": "The Struggle",
          "beatSlug": "overcoming-monster-the-struggle",
          "evidence": "The sections on HTA's statistically improbable results, weaknesses in the accounting organization, and potential culprits of accounting issues, present the struggle to understand HTA's true financial situation.",
          "position": 2,
          "confidence": 0.8,
          "parentBeatName": "Development",
          "parentBeatSlug": "development"
        }
      ],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b98-6c161919ee4d",
      "docSlug": "090aa5466284",
      "documentTitle": "Healthcare Trust of America, Inc. (HTA)",
      "authorId": "54_Spruce_Point_Capital",
      "authorName": "Ben Axler",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "short_seller",
      "sourceTypeLabel": "Short seller",
      "presentationDate": "2018-06-07 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.3333334,
      "pageNumber": 20,
      "slideType": "expose_contradiction",
      "function": "expose_contradiction",
      "notes": "The slide uses a comparison frame to highlight how the definition has become more permissive over time, facilitating potential earnings management.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b98-6c161919ee4d/20",
      "deckHref": "/decks/019dd923-622c-750b-8b98-6c161919ee4d",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b98-6c161919ee4d#slide-20",
      "loopMatches": [],
      "arcBeatMatches": [
        {
          "to": 27,
          "from": 17,
          "beatId": "901333d1-2a35-4f19-be44-2b4cb249a720",
          "arcName": "Overcoming the Monster",
          "arcSlug": "overcoming-monster",
          "beatName": "The Struggle",
          "beatSlug": "overcoming-monster-the-struggle",
          "evidence": "The sections on HTA's statistically improbable results, weaknesses in the accounting organization, and potential culprits of accounting issues, present the struggle to understand HTA's true financial situation.",
          "position": 2,
          "confidence": 0.8,
          "parentBeatName": "Development",
          "parentBeatSlug": "development"
        }
      ],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b98-6c161919ee4d",
      "docSlug": "090aa5466284",
      "documentTitle": "Healthcare Trust of America, Inc. (HTA)",
      "authorId": "54_Spruce_Point_Capital",
      "authorName": "Ben Axler",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "short_seller",
      "sourceTypeLabel": "Short seller",
      "presentationDate": "2018-06-07 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.3333334,
      "pageNumber": 21,
      "slideType": "peer_benchmark",
      "function": "compare_peers",
      "notes": "Includes a red flag icon on the HTA data point to signify suspicion or anomaly.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b98-6c161919ee4d/21",
      "deckHref": "/decks/019dd923-622c-750b-8b98-6c161919ee4d",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b98-6c161919ee4d#slide-21",
      "loopMatches": [],
      "arcBeatMatches": [
        {
          "to": 27,
          "from": 17,
          "beatId": "901333d1-2a35-4f19-be44-2b4cb249a720",
          "arcName": "Overcoming the Monster",
          "arcSlug": "overcoming-monster",
          "beatName": "The Struggle",
          "beatSlug": "overcoming-monster-the-struggle",
          "evidence": "The sections on HTA's statistically improbable results, weaknesses in the accounting organization, and potential culprits of accounting issues, present the struggle to understand HTA's true financial situation.",
          "position": 2,
          "confidence": 0.8,
          "parentBeatName": "Development",
          "parentBeatSlug": "development"
        }
      ],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b98-6c161919ee4d",
      "docSlug": "090aa5466284",
      "documentTitle": "Healthcare Trust of America, Inc. (HTA)",
      "authorId": "54_Spruce_Point_Capital",
      "authorName": "Ben Axler",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "short_seller",
      "sourceTypeLabel": "Short seller",
      "presentationDate": "2018-06-07 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.3333334,
      "pageNumber": 22,
      "slideType": "expose_contradiction",
      "function": "expose_contradiction",
      "notes": "Uses a two-column layout to contrast executive governance issues with operational team composition.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b98-6c161919ee4d/22",
      "deckHref": "/decks/019dd923-622c-750b-8b98-6c161919ee4d",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b98-6c161919ee4d#slide-22",
      "loopMatches": [],
      "arcBeatMatches": [
        {
          "to": 27,
          "from": 17,
          "beatId": "901333d1-2a35-4f19-be44-2b4cb249a720",
          "arcName": "Overcoming the Monster",
          "arcSlug": "overcoming-monster",
          "beatName": "The Struggle",
          "beatSlug": "overcoming-monster-the-struggle",
          "evidence": "The sections on HTA's statistically improbable results, weaknesses in the accounting organization, and potential culprits of accounting issues, present the struggle to understand HTA's true financial situation.",
          "position": 2,
          "confidence": 0.8,
          "parentBeatName": "Development",
          "parentBeatSlug": "development"
        }
      ],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b98-6c161919ee4d",
      "docSlug": "090aa5466284",
      "documentTitle": "Healthcare Trust of America, Inc. (HTA)",
      "authorId": "54_Spruce_Point_Capital",
      "authorName": "Ben Axler",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "short_seller",
      "sourceTypeLabel": "Short seller",
      "presentationDate": "2018-06-07 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.3333334,
      "pageNumber": 23,
      "slideType": "expose_contradiction",
      "function": "expose_contradiction",
      "notes": "The slide uses a table to highlight discrepancies in reported NOI growth, implying HTA removes properties to maintain a consistent ~3% growth rate.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b98-6c161919ee4d/23",
      "deckHref": "/decks/019dd923-622c-750b-8b98-6c161919ee4d",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b98-6c161919ee4d#slide-23",
      "loopMatches": [],
      "arcBeatMatches": [
        {
          "to": 27,
          "from": 17,
          "beatId": "901333d1-2a35-4f19-be44-2b4cb249a720",
          "arcName": "Overcoming the Monster",
          "arcSlug": "overcoming-monster",
          "beatName": "The Struggle",
          "beatSlug": "overcoming-monster-the-struggle",
          "evidence": "The sections on HTA's statistically improbable results, weaknesses in the accounting organization, and potential culprits of accounting issues, present the struggle to understand HTA's true financial situation.",
          "position": 2,
          "confidence": 0.8,
          "parentBeatName": "Development",
          "parentBeatSlug": "development"
        }
      ],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b98-6c161919ee4d",
      "docSlug": "090aa5466284",
      "documentTitle": "Healthcare Trust of America, Inc. (HTA)",
      "authorId": "54_Spruce_Point_Capital",
      "authorName": "Ben Axler",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "short_seller",
      "sourceTypeLabel": "Short seller",
      "presentationDate": "2018-06-07 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.3333334,
      "pageNumber": 24,
      "slideType": "expose_contradiction",
      "function": "expose_contradiction",
      "notes": "The slide uses callouts to point to specific rows in the tables, questioning management's discretion in expense classification.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b98-6c161919ee4d/24",
      "deckHref": "/decks/019dd923-622c-750b-8b98-6c161919ee4d",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b98-6c161919ee4d#slide-24",
      "loopMatches": [],
      "arcBeatMatches": [
        {
          "to": 27,
          "from": 17,
          "beatId": "901333d1-2a35-4f19-be44-2b4cb249a720",
          "arcName": "Overcoming the Monster",
          "arcSlug": "overcoming-monster",
          "beatName": "The Struggle",
          "beatSlug": "overcoming-monster-the-struggle",
          "evidence": "The sections on HTA's statistically improbable results, weaknesses in the accounting organization, and potential culprits of accounting issues, present the struggle to understand HTA's true financial situation.",
          "position": 2,
          "confidence": 0.8,
          "parentBeatName": "Development",
          "parentBeatSlug": "development"
        }
      ],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b98-6c161919ee4d",
      "docSlug": "090aa5466284",
      "documentTitle": "Healthcare Trust of America, Inc. (HTA)",
      "authorId": "54_Spruce_Point_Capital",
      "authorName": "Ben Axler",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "short_seller",
      "sourceTypeLabel": "Short seller",
      "presentationDate": "2018-06-07 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.3333334,
      "pageNumber": 25,
      "slideType": "expose_contradiction",
      "function": "expose_contradiction",
      "notes": "Uses a 'Theory vs. Reality' framework to highlight financial discrepancies.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b98-6c161919ee4d/25",
      "deckHref": "/decks/019dd923-622c-750b-8b98-6c161919ee4d",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b98-6c161919ee4d#slide-25",
      "loopMatches": [],
      "arcBeatMatches": [
        {
          "to": 27,
          "from": 17,
          "beatId": "901333d1-2a35-4f19-be44-2b4cb249a720",
          "arcName": "Overcoming the Monster",
          "arcSlug": "overcoming-monster",
          "beatName": "The Struggle",
          "beatSlug": "overcoming-monster-the-struggle",
          "evidence": "The sections on HTA's statistically improbable results, weaknesses in the accounting organization, and potential culprits of accounting issues, present the struggle to understand HTA's true financial situation.",
          "position": 2,
          "confidence": 0.8,
          "parentBeatName": "Development",
          "parentBeatSlug": "development"
        }
      ],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b98-6c161919ee4d",
      "docSlug": "090aa5466284",
      "documentTitle": "Healthcare Trust of America, Inc. (HTA)",
      "authorId": "54_Spruce_Point_Capital",
      "authorName": "Ben Axler",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "short_seller",
      "sourceTypeLabel": "Short seller",
      "presentationDate": "2018-06-07 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.3333334,
      "pageNumber": 26,
      "slideType": "expose_contradiction",
      "function": "expose_contradiction",
      "notes": "The slide uses red boxes to highlight the discrepancy between the 'High' target (3.0%) and the 'Actual' performance (2.9%) across multiple years.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b98-6c161919ee4d/26",
      "deckHref": "/decks/019dd923-622c-750b-8b98-6c161919ee4d",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b98-6c161919ee4d#slide-26",
      "loopMatches": [],
      "arcBeatMatches": [
        {
          "to": 27,
          "from": 17,
          "beatId": "901333d1-2a35-4f19-be44-2b4cb249a720",
          "arcName": "Overcoming the Monster",
          "arcSlug": "overcoming-monster",
          "beatName": "The Struggle",
          "beatSlug": "overcoming-monster-the-struggle",
          "evidence": "The sections on HTA's statistically improbable results, weaknesses in the accounting organization, and potential culprits of accounting issues, present the struggle to understand HTA's true financial situation.",
          "position": 2,
          "confidence": 0.8,
          "parentBeatName": "Development",
          "parentBeatSlug": "development"
        }
      ],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b98-6c161919ee4d",
      "docSlug": "090aa5466284",
      "documentTitle": "Healthcare Trust of America, Inc. (HTA)",
      "authorId": "54_Spruce_Point_Capital",
      "authorName": "Ben Axler",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "short_seller",
      "sourceTypeLabel": "Short seller",
      "presentationDate": "2018-06-07 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.3333334,
      "pageNumber": 27,
      "slideType": "expose_contradiction",
      "function": "expose_contradiction",
      "notes": "Uses visual red-lining to highlight the omission of a specific data point.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b98-6c161919ee4d/27",
      "deckHref": "/decks/019dd923-622c-750b-8b98-6c161919ee4d",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b98-6c161919ee4d#slide-27",
      "loopMatches": [],
      "arcBeatMatches": [
        {
          "to": 27,
          "from": 17,
          "beatId": "901333d1-2a35-4f19-be44-2b4cb249a720",
          "arcName": "Overcoming the Monster",
          "arcSlug": "overcoming-monster",
          "beatName": "The Struggle",
          "beatSlug": "overcoming-monster-the-struggle",
          "evidence": "The sections on HTA's statistically improbable results, weaknesses in the accounting organization, and potential culprits of accounting issues, present the struggle to understand HTA's true financial situation.",
          "position": 2,
          "confidence": 0.8,
          "parentBeatName": "Development",
          "parentBeatSlug": "development"
        }
      ],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b98-6c161919ee4d",
      "docSlug": "090aa5466284",
      "documentTitle": "Healthcare Trust of America, Inc. (HTA)",
      "authorId": "54_Spruce_Point_Capital",
      "authorName": "Ben Axler",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "short_seller",
      "sourceTypeLabel": "Short seller",
      "presentationDate": "2018-06-07 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.3333334,
      "pageNumber": 28,
      "slideType": "cover",
      "function": "front_matter",
      "notes": null,
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b98-6c161919ee4d/28",
      "deckHref": "/decks/019dd923-622c-750b-8b98-6c161919ee4d",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b98-6c161919ee4d#slide-28",
      "loopMatches": [],
      "arcBeatMatches": [],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b98-6c161919ee4d",
      "docSlug": "090aa5466284",
      "documentTitle": "Healthcare Trust of America, Inc. (HTA)",
      "authorId": "54_Spruce_Point_Capital",
      "authorName": "Ben Axler",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "short_seller",
      "sourceTypeLabel": "Short seller",
      "presentationDate": "2018-06-07 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.3333334,
      "pageNumber": 29,
      "slideType": "expose_contradiction",
      "function": "expose_contradiction",
      "notes": "Uses screenshots of media appearances to undermine CEO credibility.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b98-6c161919ee4d/29",
      "deckHref": "/decks/019dd923-622c-750b-8b98-6c161919ee4d",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b98-6c161919ee4d#slide-29",
      "loopMatches": [],
      "arcBeatMatches": [],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b98-6c161919ee4d",
      "docSlug": "090aa5466284",
      "documentTitle": "Healthcare Trust of America, Inc. (HTA)",
      "authorId": "54_Spruce_Point_Capital",
      "authorName": "Ben Axler",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "short_seller",
      "sourceTypeLabel": "Short seller",
      "presentationDate": "2018-06-07 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.3333334,
      "pageNumber": 30,
      "slideType": "expose_contradiction",
      "function": "expose_contradiction",
      "notes": "The slide lists five specific examples of Seeking Alpha articles with dates to support the claim of promotional activity.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b98-6c161919ee4d/30",
      "deckHref": "/decks/019dd923-622c-750b-8b98-6c161919ee4d",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b98-6c161919ee4d#slide-30",
      "loopMatches": [],
      "arcBeatMatches": [],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b98-6c161919ee4d",
      "docSlug": "090aa5466284",
      "documentTitle": "Healthcare Trust of America, Inc. (HTA)",
      "authorId": "54_Spruce_Point_Capital",
      "authorName": "Ben Axler",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "short_seller",
      "sourceTypeLabel": "Short seller",
      "presentationDate": "2018-06-07 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.3333334,
      "pageNumber": 31,
      "slideType": "expose_contradiction",
      "function": "expose_contradiction",
      "notes": "The slide uses red arrows for negative trends (insider) and green arrows for positive trends (institutional) to visually reinforce the activist thesis.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b98-6c161919ee4d/31",
      "deckHref": "/decks/019dd923-622c-750b-8b98-6c161919ee4d",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b98-6c161919ee4d#slide-31",
      "loopMatches": [],
      "arcBeatMatches": [],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b98-6c161919ee4d",
      "docSlug": "090aa5466284",
      "documentTitle": "Healthcare Trust of America, Inc. (HTA)",
      "authorId": "54_Spruce_Point_Capital",
      "authorName": "Ben Axler",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "short_seller",
      "sourceTypeLabel": "Short seller",
      "presentationDate": "2018-06-07 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.3333334,
      "pageNumber": 32,
      "slideType": "preempt_rebuttal",
      "function": "preempt_rebuttal",
      "notes": "The slide uses red arrows to visually emphasize recent analyst downgrades, contrasting with the overall 'Buy' consensus.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b98-6c161919ee4d/32",
      "deckHref": "/decks/019dd923-622c-750b-8b98-6c161919ee4d",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b98-6c161919ee4d#slide-32",
      "loopMatches": [],
      "arcBeatMatches": [],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b98-6c161919ee4d",
      "docSlug": "090aa5466284",
      "documentTitle": "Healthcare Trust of America, Inc. (HTA)",
      "authorId": "54_Spruce_Point_Capital",
      "authorName": "Ben Axler",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "short_seller",
      "sourceTypeLabel": "Short seller",
      "presentationDate": "2018-06-07 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.3333334,
      "pageNumber": 33,
      "slideType": "thesis_headline",
      "function": "frame_problem",
      "notes": "The slide uses the Spruce Point Capital Management logo (the tree) as a visual anchor.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b98-6c161919ee4d/33",
      "deckHref": "/decks/019dd923-622c-750b-8b98-6c161919ee4d",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b98-6c161919ee4d#slide-33",
      "loopMatches": [
        {
          "to": 39,
          "from": 33,
          "name": "Cost Of Inaction",
          "slug": "27-cost-of-inaction",
          "bestFor": "Urgent budget requests, compliance, risk mitigation",
          "matchId": "0c13cd3d-feb7-42c0-b881-1574b14affc5",
          "evidence": "The deck emphasizes the potential downside risk of 20% to 40% if investors do not take action to short the stock.",
          "position": 1,
          "objective": "to highlight the potential cost of inaction for investors who fail to recognize the downside risk",
          "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point",
          "confidence": 0.7,
          "description": "Quantify what happens if the audience does nothing"
        }
      ],
      "arcBeatMatches": [
        {
          "to": 39,
          "from": 33,
          "beatId": "73f49314-0929-485a-a644-8a184d7184d2",
          "arcName": "Overcoming the Monster",
          "arcSlug": "overcoming-monster",
          "beatName": "The Victory",
          "beatSlug": "overcoming-monster-the-victory",
          "evidence": "The final sections on the downside risk and case studies of Brixmor and ARCP present the potential victory for investors who short the stock.",
          "position": 3,
          "confidence": 0.8,
          "parentBeatName": "Turn",
          "parentBeatSlug": "turn"
        }
      ],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b98-6c161919ee4d",
      "docSlug": "090aa5466284",
      "documentTitle": "Healthcare Trust of America, Inc. (HTA)",
      "authorId": "54_Spruce_Point_Capital",
      "authorName": "Ben Axler",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "short_seller",
      "sourceTypeLabel": "Short seller",
      "presentationDate": "2018-06-07 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.3333334,
      "pageNumber": 34,
      "slideType": "expose_contradiction",
      "function": "expose_contradiction",
      "notes": "The slide uses a Bloomberg terminal screenshot to visualize the stock drop event.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b98-6c161919ee4d/34",
      "deckHref": "/decks/019dd923-622c-750b-8b98-6c161919ee4d",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b98-6c161919ee4d#slide-34",
      "loopMatches": [
        {
          "to": 39,
          "from": 33,
          "name": "Cost Of Inaction",
          "slug": "27-cost-of-inaction",
          "bestFor": "Urgent budget requests, compliance, risk mitigation",
          "matchId": "0c13cd3d-feb7-42c0-b881-1574b14affc5",
          "evidence": "The deck emphasizes the potential downside risk of 20% to 40% if investors do not take action to short the stock.",
          "position": 1,
          "objective": "to highlight the potential cost of inaction for investors who fail to recognize the downside risk",
          "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point",
          "confidence": 0.7,
          "description": "Quantify what happens if the audience does nothing"
        }
      ],
      "arcBeatMatches": [
        {
          "to": 39,
          "from": 33,
          "beatId": "73f49314-0929-485a-a644-8a184d7184d2",
          "arcName": "Overcoming the Monster",
          "arcSlug": "overcoming-monster",
          "beatName": "The Victory",
          "beatSlug": "overcoming-monster-the-victory",
          "evidence": "The final sections on the downside risk and case studies of Brixmor and ARCP present the potential victory for investors who short the stock.",
          "position": 3,
          "confidence": 0.8,
          "parentBeatName": "Turn",
          "parentBeatSlug": "turn"
        }
      ],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b98-6c161919ee4d",
      "docSlug": "090aa5466284",
      "documentTitle": "Healthcare Trust of America, Inc. (HTA)",
      "authorId": "54_Spruce_Point_Capital",
      "authorName": "Ben Axler",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "short_seller",
      "sourceTypeLabel": "Short seller",
      "presentationDate": "2018-06-07 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.3333334,
      "pageNumber": 35,
      "slideType": "expose_contradiction",
      "function": "expose_contradiction",
      "notes": "Uses a visual '?' to imply that HTA's 'As If Adjusted' data is missing or hidden, drawing a parallel to BRX's restatement.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b98-6c161919ee4d/35",
      "deckHref": "/decks/019dd923-622c-750b-8b98-6c161919ee4d",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b98-6c161919ee4d#slide-35",
      "loopMatches": [
        {
          "to": 39,
          "from": 33,
          "name": "Cost Of Inaction",
          "slug": "27-cost-of-inaction",
          "bestFor": "Urgent budget requests, compliance, risk mitigation",
          "matchId": "0c13cd3d-feb7-42c0-b881-1574b14affc5",
          "evidence": "The deck emphasizes the potential downside risk of 20% to 40% if investors do not take action to short the stock.",
          "position": 1,
          "objective": "to highlight the potential cost of inaction for investors who fail to recognize the downside risk",
          "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point",
          "confidence": 0.7,
          "description": "Quantify what happens if the audience does nothing"
        }
      ],
      "arcBeatMatches": [
        {
          "to": 39,
          "from": 33,
          "beatId": "73f49314-0929-485a-a644-8a184d7184d2",
          "arcName": "Overcoming the Monster",
          "arcSlug": "overcoming-monster",
          "beatName": "The Victory",
          "beatSlug": "overcoming-monster-the-victory",
          "evidence": "The final sections on the downside risk and case studies of Brixmor and ARCP present the potential victory for investors who short the stock.",
          "position": 3,
          "confidence": 0.8,
          "parentBeatName": "Turn",
          "parentBeatSlug": "turn"
        }
      ],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b98-6c161919ee4d",
      "docSlug": "090aa5466284",
      "documentTitle": "Healthcare Trust of America, Inc. (HTA)",
      "authorId": "54_Spruce_Point_Capital",
      "authorName": "Ben Axler",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "short_seller",
      "sourceTypeLabel": "Short seller",
      "presentationDate": "2018-06-07 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.3333334,
      "pageNumber": 36,
      "slideType": "expose_contradiction",
      "function": "expose_contradiction",
      "notes": "The slide uses a '?' to imply that HTA's data is missing or requires the same forensic adjustment as BRX.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b98-6c161919ee4d/36",
      "deckHref": "/decks/019dd923-622c-750b-8b98-6c161919ee4d",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b98-6c161919ee4d#slide-36",
      "loopMatches": [
        {
          "to": 39,
          "from": 33,
          "name": "Cost Of Inaction",
          "slug": "27-cost-of-inaction",
          "bestFor": "Urgent budget requests, compliance, risk mitigation",
          "matchId": "0c13cd3d-feb7-42c0-b881-1574b14affc5",
          "evidence": "The deck emphasizes the potential downside risk of 20% to 40% if investors do not take action to short the stock.",
          "position": 1,
          "objective": "to highlight the potential cost of inaction for investors who fail to recognize the downside risk",
          "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point",
          "confidence": 0.7,
          "description": "Quantify what happens if the audience does nothing"
        }
      ],
      "arcBeatMatches": [
        {
          "to": 39,
          "from": 33,
          "beatId": "73f49314-0929-485a-a644-8a184d7184d2",
          "arcName": "Overcoming the Monster",
          "arcSlug": "overcoming-monster",
          "beatName": "The Victory",
          "beatSlug": "overcoming-monster-the-victory",
          "evidence": "The final sections on the downside risk and case studies of Brixmor and ARCP present the potential victory for investors who short the stock.",
          "position": 3,
          "confidence": 0.8,
          "parentBeatName": "Turn",
          "parentBeatSlug": "turn"
        }
      ],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b98-6c161919ee4d",
      "docSlug": "090aa5466284",
      "documentTitle": "Healthcare Trust of America, Inc. (HTA)",
      "authorId": "54_Spruce_Point_Capital",
      "authorName": "Ben Axler",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "short_seller",
      "sourceTypeLabel": "Short seller",
      "presentationDate": "2018-06-07 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.3333334,
      "pageNumber": 37,
      "slideType": "timeline",
      "function": "expose_contradiction",
      "notes": "The slide uses a dual-row timeline structure to contrast public company statements with internal events.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b98-6c161919ee4d/37",
      "deckHref": "/decks/019dd923-622c-750b-8b98-6c161919ee4d",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b98-6c161919ee4d#slide-37",
      "loopMatches": [
        {
          "to": 39,
          "from": 33,
          "name": "Cost Of Inaction",
          "slug": "27-cost-of-inaction",
          "bestFor": "Urgent budget requests, compliance, risk mitigation",
          "matchId": "0c13cd3d-feb7-42c0-b881-1574b14affc5",
          "evidence": "The deck emphasizes the potential downside risk of 20% to 40% if investors do not take action to short the stock.",
          "position": 1,
          "objective": "to highlight the potential cost of inaction for investors who fail to recognize the downside risk",
          "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point",
          "confidence": 0.7,
          "description": "Quantify what happens if the audience does nothing"
        }
      ],
      "arcBeatMatches": [
        {
          "to": 39,
          "from": 33,
          "beatId": "73f49314-0929-485a-a644-8a184d7184d2",
          "arcName": "Overcoming the Monster",
          "arcSlug": "overcoming-monster",
          "beatName": "The Victory",
          "beatSlug": "overcoming-monster-the-victory",
          "evidence": "The final sections on the downside risk and case studies of Brixmor and ARCP present the potential victory for investors who short the stock.",
          "position": 3,
          "confidence": 0.8,
          "parentBeatName": "Turn",
          "parentBeatSlug": "turn"
        }
      ],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b98-6c161919ee4d",
      "docSlug": "090aa5466284",
      "documentTitle": "Healthcare Trust of America, Inc. (HTA)",
      "authorId": "54_Spruce_Point_Capital",
      "authorName": "Ben Axler",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "short_seller",
      "sourceTypeLabel": "Short seller",
      "presentationDate": "2018-06-07 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.3333334,
      "pageNumber": 38,
      "slideType": "expose_contradiction",
      "function": "expose_contradiction",
      "notes": "The slide uses a Bloomberg terminal screenshot to anchor the stock price drop to the specific date of the 8K filing.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b98-6c161919ee4d/38",
      "deckHref": "/decks/019dd923-622c-750b-8b98-6c161919ee4d",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b98-6c161919ee4d#slide-38",
      "loopMatches": [
        {
          "to": 39,
          "from": 33,
          "name": "Cost Of Inaction",
          "slug": "27-cost-of-inaction",
          "bestFor": "Urgent budget requests, compliance, risk mitigation",
          "matchId": "0c13cd3d-feb7-42c0-b881-1574b14affc5",
          "evidence": "The deck emphasizes the potential downside risk of 20% to 40% if investors do not take action to short the stock.",
          "position": 1,
          "objective": "to highlight the potential cost of inaction for investors who fail to recognize the downside risk",
          "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point",
          "confidence": 0.7,
          "description": "Quantify what happens if the audience does nothing"
        }
      ],
      "arcBeatMatches": [
        {
          "to": 39,
          "from": 33,
          "beatId": "73f49314-0929-485a-a644-8a184d7184d2",
          "arcName": "Overcoming the Monster",
          "arcSlug": "overcoming-monster",
          "beatName": "The Victory",
          "beatSlug": "overcoming-monster-the-victory",
          "evidence": "The final sections on the downside risk and case studies of Brixmor and ARCP present the potential victory for investors who short the stock.",
          "position": 3,
          "confidence": 0.8,
          "parentBeatName": "Turn",
          "parentBeatSlug": "turn"
        }
      ],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b98-6c161919ee4d",
      "docSlug": "090aa5466284",
      "documentTitle": "Healthcare Trust of America, Inc. (HTA)",
      "authorId": "54_Spruce_Point_Capital",
      "authorName": "Ben Axler",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "short_seller",
      "sourceTypeLabel": "Short seller",
      "presentationDate": "2018-06-07 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.3333334,
      "pageNumber": 39,
      "slideType": "timeline",
      "function": "expose_contradiction",
      "notes": "The slide uses a horizontal arrow timeline to map events from May 2014 to December 2015.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b98-6c161919ee4d/39",
      "deckHref": "/decks/019dd923-622c-750b-8b98-6c161919ee4d",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b98-6c161919ee4d#slide-39",
      "loopMatches": [
        {
          "to": 39,
          "from": 33,
          "name": "Cost Of Inaction",
          "slug": "27-cost-of-inaction",
          "bestFor": "Urgent budget requests, compliance, risk mitigation",
          "matchId": "0c13cd3d-feb7-42c0-b881-1574b14affc5",
          "evidence": "The deck emphasizes the potential downside risk of 20% to 40% if investors do not take action to short the stock.",
          "position": 1,
          "objective": "to highlight the potential cost of inaction for investors who fail to recognize the downside risk",
          "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point",
          "confidence": 0.7,
          "description": "Quantify what happens if the audience does nothing"
        }
      ],
      "arcBeatMatches": [
        {
          "to": 39,
          "from": 33,
          "beatId": "73f49314-0929-485a-a644-8a184d7184d2",
          "arcName": "Overcoming the Monster",
          "arcSlug": "overcoming-monster",
          "beatName": "The Victory",
          "beatSlug": "overcoming-monster-the-victory",
          "evidence": "The final sections on the downside risk and case studies of Brixmor and ARCP present the potential victory for investors who short the stock.",
          "position": 3,
          "confidence": 0.8,
          "parentBeatName": "Turn",
          "parentBeatSlug": "turn"
        }
      ],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b98-72ad4dd9da96",
      "docSlug": "86dfa89096f8",
      "documentTitle": "Momo, Inc. (MOMO)",
      "authorId": "54_Spruce_Point_Capital",
      "authorName": "Ben Axler",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "short_seller",
      "sourceTypeLabel": "Short seller",
      "presentationDate": "2018-06-27 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.3333334,
      "pageNumber": 1,
      "slideType": "cover",
      "function": "front_matter",
      "notes": "The slide uses a smartphone mockup to frame the report, featuring icons related to gambling, legal issues, and VIE structures.",
      "imagePath": "https://imgproxy.kitesheet.com/1RwRMY_XU-6YxyfvyDPS2ieQfsQk6MQck_wrEbZxNL0/rs:fit:1200:1200:0/q:82/f:webp/czM6Ly9raXRlc2hlZXQvY29ycHVzL3NsaWRlcy84NmRmYTg5MDk2ZjgvcDAwMS5wbmc",
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b98-72ad4dd9da96/1",
      "deckHref": "/decks/019dd923-622c-750b-8b98-72ad4dd9da96",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b98-72ad4dd9da96#slide-1",
      "loopMatches": [],
      "arcBeatMatches": [
        {
          "to": 1,
          "from": 1,
          "beatId": "c28335c7-b491-4e1b-bafe-d2c2c4c40d22",
          "arcName": "Overcoming the Monster",
          "arcSlug": "overcoming-monster",
          "beatName": "Hook",
          "beatSlug": "hook",
          "evidence": "The title slide 'Mo(mo) Money Mo(mo) Problems' serves as a hook to grab the audience's attention.",
          "position": 0,
          "confidence": 0.8,
          "parentBeatName": null,
          "parentBeatSlug": null
        }
      ],
      "imagePathAlt": "https://imgproxy.kitesheet.com/FzQ4S6NAYsMuOR00__0Z9decPTLOIZY2hQnGojUncmA/rs:fit:1200:1200:0/q:82/f:webp/czM6Ly9raXRlc2hlZXQvY29ycHVzL3NsaWRlcy84NmRmYTg5MDk2ZjgvcDAwMS5qcGc",
      "thumbSrc": "https://imgproxy.kitesheet.com/Y6qzClBQwhVCDeNeAvf2OUqzhq7nF1MS7KbDAPNTw6M/rs:fit:480:480:0/q:78/f:webp/czM6Ly9raXRlc2hlZXQvY29ycHVzL3NsaWRlcy84NmRmYTg5MDk2ZjgvcDAwMS5wbmc",
      "thumbSrcAlt": "https://imgproxy.kitesheet.com/VebqLgHwOtqXZhDzpKn2WpH6dRLH12oa3QAkNQrjtkw/rs:fit:480:480:0/q:78/f:webp/czM6Ly9raXRlc2hlZXQvY29ycHVzL3NsaWRlcy84NmRmYTg5MDk2ZjgvcDAwMS5qcGc"
    },
    {
      "docId": "019dd923-622c-750b-8b98-72ad4dd9da96",
      "docSlug": "86dfa89096f8",
      "documentTitle": "Momo, Inc. (MOMO)",
      "authorId": "54_Spruce_Point_Capital",
      "authorName": "Ben Axler",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "short_seller",
      "sourceTypeLabel": "Short seller",
      "presentationDate": "2018-06-27 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.3333334,
      "pageNumber": 2,
      "slideType": "disclaimer",
      "function": "other",
      "notes": null,
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b98-72ad4dd9da96/2",
      "deckHref": "/decks/019dd923-622c-750b-8b98-72ad4dd9da96",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b98-72ad4dd9da96#slide-2",
      "loopMatches": [],
      "arcBeatMatches": [],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b98-72ad4dd9da96",
      "docSlug": "86dfa89096f8",
      "documentTitle": "Momo, Inc. (MOMO)",
      "authorId": "54_Spruce_Point_Capital",
      "authorName": "Ben Axler",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "short_seller",
      "sourceTypeLabel": "Short seller",
      "presentationDate": "2018-06-27 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.3333334,
      "pageNumber": 3,
      "slideType": "appendix",
      "function": "summarize",
      "notes": "The slide serves as a credibility-building appendix, highlighting the firm's history and past successful activist campaigns.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b98-72ad4dd9da96/3",
      "deckHref": "/decks/019dd923-622c-750b-8b98-72ad4dd9da96",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b98-72ad4dd9da96#slide-3",
      "loopMatches": [],
      "arcBeatMatches": [],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b98-72ad4dd9da96",
      "docSlug": "86dfa89096f8",
      "documentTitle": "Momo, Inc. (MOMO)",
      "authorId": "54_Spruce_Point_Capital",
      "authorName": "Ben Axler",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "short_seller",
      "sourceTypeLabel": "Short seller",
      "presentationDate": "2018-06-27 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.3333334,
      "pageNumber": 4,
      "slideType": "executive_summary",
      "function": "front_matter",
      "notes": "Includes Spruce Point Capital Management logo (pine tree) and standard confidentiality footer.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b98-72ad4dd9da96/4",
      "deckHref": "/decks/019dd923-622c-750b-8b98-72ad4dd9da96",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b98-72ad4dd9da96#slide-4",
      "loopMatches": [],
      "arcBeatMatches": [],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b98-72ad4dd9da96",
      "docSlug": "86dfa89096f8",
      "documentTitle": "Momo, Inc. (MOMO)",
      "authorId": "54_Spruce_Point_Capital",
      "authorName": "Ben Axler",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "short_seller",
      "sourceTypeLabel": "Short seller",
      "presentationDate": "2018-06-27 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.3333334,
      "pageNumber": 5,
      "slideType": "executive_summary",
      "function": "frame_situation",
      "notes": "Uses a three-part color-coded framework to contrast perspectives.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b98-72ad4dd9da96/5",
      "deckHref": "/decks/019dd923-622c-750b-8b98-72ad4dd9da96",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b98-72ad4dd9da96#slide-5",
      "loopMatches": [],
      "arcBeatMatches": [],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b98-72ad4dd9da96",
      "docSlug": "86dfa89096f8",
      "documentTitle": "Momo, Inc. (MOMO)",
      "authorId": "54_Spruce_Point_Capital",
      "authorName": "Ben Axler",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "short_seller",
      "sourceTypeLabel": "Short seller",
      "presentationDate": "2018-06-27 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.3333334,
      "pageNumber": 6,
      "slideType": "problem_statement",
      "function": "frame_problem",
      "notes": "This is a classic activist short-seller thesis slide framing the 'problem' as a lack of proper diligence by retail investors.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b98-72ad4dd9da96/6",
      "deckHref": "/decks/019dd923-622c-750b-8b98-72ad4dd9da96",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b98-72ad4dd9da96#slide-6",
      "loopMatches": [],
      "arcBeatMatches": [
        {
          "to": 10,
          "from": 6,
          "beatId": "87771eec-2202-436e-b5a0-6a5d342da6c8",
          "arcName": "Overcoming the Monster",
          "arcSlug": "overcoming-monster",
          "beatName": "Problem Statement",
          "beatSlug": null,
          "evidence": "Slides 6-10 outline the diligence challenges and risks of a Momo investment, framing the problem.",
          "position": 1,
          "confidence": 0.8,
          "parentBeatName": null,
          "parentBeatSlug": null
        }
      ],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b98-72ad4dd9da96",
      "docSlug": "86dfa89096f8",
      "documentTitle": "Momo, Inc. (MOMO)",
      "authorId": "54_Spruce_Point_Capital",
      "authorName": "Ben Axler",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "short_seller",
      "sourceTypeLabel": "Short seller",
      "presentationDate": "2018-06-27 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.3333334,
      "pageNumber": 7,
      "slideType": "expose_contradiction",
      "function": "expose_contradiction",
      "notes": "The slide uses a 'villain' framing by highlighting how Momo exploits regulatory loopholes to disadvantage retail investors.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b98-72ad4dd9da96/7",
      "deckHref": "/decks/019dd923-622c-750b-8b98-72ad4dd9da96",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b98-72ad4dd9da96#slide-7",
      "loopMatches": [
        {
          "to": 15,
          "from": 7,
          "name": "Aha Moment",
          "slug": "03-aha-moment",
          "bestFor": "Data-heavy sections, research findings, analytical arguments",
          "matchId": "e80fc9fe-eee3-4c63-9ecb-b5238ed599c0",
          "evidence": "Slides 7-15 reveal several red flags and concerns, creating an 'aha' moment for the audience.",
          "position": 0,
          "objective": "What are the key concerns with Momo's business?",
          "structure": "The Problem/Question -> What the Data Shows -> The Insight",
          "confidence": 0.8,
          "description": "Establish a tension, present data, then deliver the insight that changes everything"
        }
      ],
      "arcBeatMatches": [
        {
          "to": 10,
          "from": 6,
          "beatId": "87771eec-2202-436e-b5a0-6a5d342da6c8",
          "arcName": "Overcoming the Monster",
          "arcSlug": "overcoming-monster",
          "beatName": "Problem Statement",
          "beatSlug": null,
          "evidence": "Slides 6-10 outline the diligence challenges and risks of a Momo investment, framing the problem.",
          "position": 1,
          "confidence": 0.8,
          "parentBeatName": null,
          "parentBeatSlug": null
        },
        {
          "to": 69,
          "from": 7,
          "beatId": "2ed90acb-05ba-4602-8daa-c17fe790841b",
          "arcName": "Overcoming the Monster",
          "arcSlug": "overcoming-monster",
          "beatName": "Expose Contradiction",
          "beatSlug": null,
          "evidence": "Slides 7-69 systematically expose contradictions and red flags in Momo's business, including undisclosed charges, complex VIE structure, and regulatory risks.",
          "position": 2,
          "confidence": 0.8,
          "parentBeatName": null,
          "parentBeatSlug": null
        }
      ],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b98-72ad4dd9da96",
      "docSlug": "86dfa89096f8",
      "documentTitle": "Momo, Inc. (MOMO)",
      "authorId": "54_Spruce_Point_Capital",
      "authorName": "Ben Axler",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "short_seller",
      "sourceTypeLabel": "Short seller",
      "presentationDate": "2018-06-27 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.3333334,
      "pageNumber": 8,
      "slideType": "problem_statement",
      "function": "diagnose_problem",
      "notes": "Uses a before-after-bridge style logic to contrast challenges with their investigative approach.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b98-72ad4dd9da96/8",
      "deckHref": "/decks/019dd923-622c-750b-8b98-72ad4dd9da96",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b98-72ad4dd9da96#slide-8",
      "loopMatches": [
        {
          "to": 15,
          "from": 7,
          "name": "Aha Moment",
          "slug": "03-aha-moment",
          "bestFor": "Data-heavy sections, research findings, analytical arguments",
          "matchId": "e80fc9fe-eee3-4c63-9ecb-b5238ed599c0",
          "evidence": "Slides 7-15 reveal several red flags and concerns, creating an 'aha' moment for the audience.",
          "position": 0,
          "objective": "What are the key concerns with Momo's business?",
          "structure": "The Problem/Question -> What the Data Shows -> The Insight",
          "confidence": 0.8,
          "description": "Establish a tension, present data, then deliver the insight that changes everything"
        }
      ],
      "arcBeatMatches": [
        {
          "to": 10,
          "from": 6,
          "beatId": "87771eec-2202-436e-b5a0-6a5d342da6c8",
          "arcName": "Overcoming the Monster",
          "arcSlug": "overcoming-monster",
          "beatName": "Problem Statement",
          "beatSlug": null,
          "evidence": "Slides 6-10 outline the diligence challenges and risks of a Momo investment, framing the problem.",
          "position": 1,
          "confidence": 0.8,
          "parentBeatName": null,
          "parentBeatSlug": null
        },
        {
          "to": 69,
          "from": 7,
          "beatId": "2ed90acb-05ba-4602-8daa-c17fe790841b",
          "arcName": "Overcoming the Monster",
          "arcSlug": "overcoming-monster",
          "beatName": "Expose Contradiction",
          "beatSlug": null,
          "evidence": "Slides 7-69 systematically expose contradictions and red flags in Momo's business, including undisclosed charges, complex VIE structure, and regulatory risks.",
          "position": 2,
          "confidence": 0.8,
          "parentBeatName": null,
          "parentBeatSlug": null
        }
      ],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b98-72ad4dd9da96",
      "docSlug": "86dfa89096f8",
      "documentTitle": "Momo, Inc. (MOMO)",
      "authorId": "54_Spruce_Point_Capital",
      "authorName": "Ben Axler",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "short_seller",
      "sourceTypeLabel": "Short seller",
      "presentationDate": "2018-06-27 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.3333334,
      "pageNumber": 9,
      "slideType": "valuation_table",
      "function": "show_valuation_bridge",
      "notes": "The slide highlights concerns regarding the Tantan acquisition funding and potential shareholder dilution.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b98-72ad4dd9da96/9",
      "deckHref": "/decks/019dd923-622c-750b-8b98-72ad4dd9da96",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b98-72ad4dd9da96#slide-9",
      "loopMatches": [
        {
          "to": 15,
          "from": 7,
          "name": "Aha Moment",
          "slug": "03-aha-moment",
          "bestFor": "Data-heavy sections, research findings, analytical arguments",
          "matchId": "e80fc9fe-eee3-4c63-9ecb-b5238ed599c0",
          "evidence": "Slides 7-15 reveal several red flags and concerns, creating an 'aha' moment for the audience.",
          "position": 0,
          "objective": "What are the key concerns with Momo's business?",
          "structure": "The Problem/Question -> What the Data Shows -> The Insight",
          "confidence": 0.8,
          "description": "Establish a tension, present data, then deliver the insight that changes everything"
        }
      ],
      "arcBeatMatches": [
        {
          "to": 10,
          "from": 6,
          "beatId": "87771eec-2202-436e-b5a0-6a5d342da6c8",
          "arcName": "Overcoming the Monster",
          "arcSlug": "overcoming-monster",
          "beatName": "Problem Statement",
          "beatSlug": null,
          "evidence": "Slides 6-10 outline the diligence challenges and risks of a Momo investment, framing the problem.",
          "position": 1,
          "confidence": 0.8,
          "parentBeatName": null,
          "parentBeatSlug": null
        },
        {
          "to": 69,
          "from": 7,
          "beatId": "2ed90acb-05ba-4602-8daa-c17fe790841b",
          "arcName": "Overcoming the Monster",
          "arcSlug": "overcoming-monster",
          "beatName": "Expose Contradiction",
          "beatSlug": null,
          "evidence": "Slides 7-69 systematically expose contradictions and red flags in Momo's business, including undisclosed charges, complex VIE structure, and regulatory risks.",
          "position": 2,
          "confidence": 0.8,
          "parentBeatName": null,
          "parentBeatSlug": null
        }
      ],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b98-72ad4dd9da96",
      "docSlug": "86dfa89096f8",
      "documentTitle": "Momo, Inc. (MOMO)",
      "authorId": "54_Spruce_Point_Capital",
      "authorName": "Ben Axler",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "short_seller",
      "sourceTypeLabel": "Short seller",
      "presentationDate": "2018-06-27 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.3333334,
      "pageNumber": 10,
      "slideType": "problem_statement",
      "function": "diagnose_problem",
      "notes": "Uses red flag icons to denote specific areas of concern.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b98-72ad4dd9da96/10",
      "deckHref": "/decks/019dd923-622c-750b-8b98-72ad4dd9da96",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b98-72ad4dd9da96#slide-10",
      "loopMatches": [
        {
          "to": 15,
          "from": 7,
          "name": "Aha Moment",
          "slug": "03-aha-moment",
          "bestFor": "Data-heavy sections, research findings, analytical arguments",
          "matchId": "e80fc9fe-eee3-4c63-9ecb-b5238ed599c0",
          "evidence": "Slides 7-15 reveal several red flags and concerns, creating an 'aha' moment for the audience.",
          "position": 0,
          "objective": "What are the key concerns with Momo's business?",
          "structure": "The Problem/Question -> What the Data Shows -> The Insight",
          "confidence": 0.8,
          "description": "Establish a tension, present data, then deliver the insight that changes everything"
        }
      ],
      "arcBeatMatches": [
        {
          "to": 10,
          "from": 6,
          "beatId": "87771eec-2202-436e-b5a0-6a5d342da6c8",
          "arcName": "Overcoming the Monster",
          "arcSlug": "overcoming-monster",
          "beatName": "Problem Statement",
          "beatSlug": null,
          "evidence": "Slides 6-10 outline the diligence challenges and risks of a Momo investment, framing the problem.",
          "position": 1,
          "confidence": 0.8,
          "parentBeatName": null,
          "parentBeatSlug": null
        },
        {
          "to": 69,
          "from": 7,
          "beatId": "2ed90acb-05ba-4602-8daa-c17fe790841b",
          "arcName": "Overcoming the Monster",
          "arcSlug": "overcoming-monster",
          "beatName": "Expose Contradiction",
          "beatSlug": null,
          "evidence": "Slides 7-69 systematically expose contradictions and red flags in Momo's business, including undisclosed charges, complex VIE structure, and regulatory risks.",
          "position": 2,
          "confidence": 0.8,
          "parentBeatName": null,
          "parentBeatSlug": null
        }
      ],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b98-72ad4dd9da96",
      "docSlug": "86dfa89096f8",
      "documentTitle": "Momo, Inc. (MOMO)",
      "authorId": "54_Spruce_Point_Capital",
      "authorName": "Ben Axler",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "short_seller",
      "sourceTypeLabel": "Short seller",
      "presentationDate": "2018-06-27 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.3333334,
      "pageNumber": 11,
      "slideType": "expose_contradiction",
      "function": "expose_contradiction",
      "notes": "The slide uses red flag icons to denote specific areas of concern.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b98-72ad4dd9da96/11",
      "deckHref": "/decks/019dd923-622c-750b-8b98-72ad4dd9da96",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b98-72ad4dd9da96#slide-11",
      "loopMatches": [
        {
          "to": 15,
          "from": 7,
          "name": "Aha Moment",
          "slug": "03-aha-moment",
          "bestFor": "Data-heavy sections, research findings, analytical arguments",
          "matchId": "e80fc9fe-eee3-4c63-9ecb-b5238ed599c0",
          "evidence": "Slides 7-15 reveal several red flags and concerns, creating an 'aha' moment for the audience.",
          "position": 0,
          "objective": "What are the key concerns with Momo's business?",
          "structure": "The Problem/Question -> What the Data Shows -> The Insight",
          "confidence": 0.8,
          "description": "Establish a tension, present data, then deliver the insight that changes everything"
        }
      ],
      "arcBeatMatches": [
        {
          "to": 69,
          "from": 7,
          "beatId": "2ed90acb-05ba-4602-8daa-c17fe790841b",
          "arcName": "Overcoming the Monster",
          "arcSlug": "overcoming-monster",
          "beatName": "Expose Contradiction",
          "beatSlug": null,
          "evidence": "Slides 7-69 systematically expose contradictions and red flags in Momo's business, including undisclosed charges, complex VIE structure, and regulatory risks.",
          "position": 2,
          "confidence": 0.8,
          "parentBeatName": null,
          "parentBeatSlug": null
        }
      ],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b98-72ad4dd9da96",
      "docSlug": "86dfa89096f8",
      "documentTitle": "Momo, Inc. (MOMO)",
      "authorId": "54_Spruce_Point_Capital",
      "authorName": "Ben Axler",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "short_seller",
      "sourceTypeLabel": "Short seller",
      "presentationDate": "2018-06-27 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.3333334,
      "pageNumber": 12,
      "slideType": "expose_contradiction",
      "function": "expose_contradiction",
      "notes": "Uses red flag icons to denote specific areas of concern.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b98-72ad4dd9da96/12",
      "deckHref": "/decks/019dd923-622c-750b-8b98-72ad4dd9da96",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b98-72ad4dd9da96#slide-12",
      "loopMatches": [
        {
          "to": 15,
          "from": 7,
          "name": "Aha Moment",
          "slug": "03-aha-moment",
          "bestFor": "Data-heavy sections, research findings, analytical arguments",
          "matchId": "e80fc9fe-eee3-4c63-9ecb-b5238ed599c0",
          "evidence": "Slides 7-15 reveal several red flags and concerns, creating an 'aha' moment for the audience.",
          "position": 0,
          "objective": "What are the key concerns with Momo's business?",
          "structure": "The Problem/Question -> What the Data Shows -> The Insight",
          "confidence": 0.8,
          "description": "Establish a tension, present data, then deliver the insight that changes everything"
        }
      ],
      "arcBeatMatches": [
        {
          "to": 69,
          "from": 7,
          "beatId": "2ed90acb-05ba-4602-8daa-c17fe790841b",
          "arcName": "Overcoming the Monster",
          "arcSlug": "overcoming-monster",
          "beatName": "Expose Contradiction",
          "beatSlug": null,
          "evidence": "Slides 7-69 systematically expose contradictions and red flags in Momo's business, including undisclosed charges, complex VIE structure, and regulatory risks.",
          "position": 2,
          "confidence": 0.8,
          "parentBeatName": null,
          "parentBeatSlug": null
        }
      ],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b98-72ad4dd9da96",
      "docSlug": "86dfa89096f8",
      "documentTitle": "Momo, Inc. (MOMO)",
      "authorId": "54_Spruce_Point_Capital",
      "authorName": "Ben Axler",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "short_seller",
      "sourceTypeLabel": "Short seller",
      "presentationDate": "2018-06-27 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.3333334,
      "pageNumber": 13,
      "slideType": "problem_statement",
      "function": "diagnose_problem",
      "notes": "The slide uses a series of bulleted arguments to build a case for business deterioration, culminating in a mention of regulatory/legal issues.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b98-72ad4dd9da96/13",
      "deckHref": "/decks/019dd923-622c-750b-8b98-72ad4dd9da96",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b98-72ad4dd9da96#slide-13",
      "loopMatches": [
        {
          "to": 15,
          "from": 7,
          "name": "Aha Moment",
          "slug": "03-aha-moment",
          "bestFor": "Data-heavy sections, research findings, analytical arguments",
          "matchId": "e80fc9fe-eee3-4c63-9ecb-b5238ed599c0",
          "evidence": "Slides 7-15 reveal several red flags and concerns, creating an 'aha' moment for the audience.",
          "position": 0,
          "objective": "What are the key concerns with Momo's business?",
          "structure": "The Problem/Question -> What the Data Shows -> The Insight",
          "confidence": 0.8,
          "description": "Establish a tension, present data, then deliver the insight that changes everything"
        }
      ],
      "arcBeatMatches": [
        {
          "to": 69,
          "from": 7,
          "beatId": "2ed90acb-05ba-4602-8daa-c17fe790841b",
          "arcName": "Overcoming the Monster",
          "arcSlug": "overcoming-monster",
          "beatName": "Expose Contradiction",
          "beatSlug": null,
          "evidence": "Slides 7-69 systematically expose contradictions and red flags in Momo's business, including undisclosed charges, complex VIE structure, and regulatory risks.",
          "position": 2,
          "confidence": 0.8,
          "parentBeatName": null,
          "parentBeatSlug": null
        }
      ],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b98-72ad4dd9da96",
      "docSlug": "86dfa89096f8",
      "documentTitle": "Momo, Inc. (MOMO)",
      "authorId": "54_Spruce_Point_Capital",
      "authorName": "Ben Axler",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "short_seller",
      "sourceTypeLabel": "Short seller",
      "presentationDate": "2018-06-27 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.3333334,
      "pageNumber": 14,
      "slideType": "expose_contradiction",
      "function": "expose_contradiction",
      "notes": "The slide uses bolding and underlining to emphasize accounting concerns and negative outlooks.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b98-72ad4dd9da96/14",
      "deckHref": "/decks/019dd923-622c-750b-8b98-72ad4dd9da96",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b98-72ad4dd9da96#slide-14",
      "loopMatches": [
        {
          "to": 15,
          "from": 7,
          "name": "Aha Moment",
          "slug": "03-aha-moment",
          "bestFor": "Data-heavy sections, research findings, analytical arguments",
          "matchId": "e80fc9fe-eee3-4c63-9ecb-b5238ed599c0",
          "evidence": "Slides 7-15 reveal several red flags and concerns, creating an 'aha' moment for the audience.",
          "position": 0,
          "objective": "What are the key concerns with Momo's business?",
          "structure": "The Problem/Question -> What the Data Shows -> The Insight",
          "confidence": 0.8,
          "description": "Establish a tension, present data, then deliver the insight that changes everything"
        }
      ],
      "arcBeatMatches": [
        {
          "to": 69,
          "from": 7,
          "beatId": "2ed90acb-05ba-4602-8daa-c17fe790841b",
          "arcName": "Overcoming the Monster",
          "arcSlug": "overcoming-monster",
          "beatName": "Expose Contradiction",
          "beatSlug": null,
          "evidence": "Slides 7-69 systematically expose contradictions and red flags in Momo's business, including undisclosed charges, complex VIE structure, and regulatory risks.",
          "position": 2,
          "confidence": 0.8,
          "parentBeatName": null,
          "parentBeatSlug": null
        }
      ],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b98-72ad4dd9da96",
      "docSlug": "86dfa89096f8",
      "documentTitle": "Momo, Inc. (MOMO)",
      "authorId": "54_Spruce_Point_Capital",
      "authorName": "Ben Axler",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "short_seller",
      "sourceTypeLabel": "Short seller",
      "presentationDate": "2018-06-27 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.3333334,
      "pageNumber": 15,
      "slideType": "thesis_headline",
      "function": "diagnose_problem",
      "notes": "This is a classic activist short thesis slide, combining qualitative reputational risks with quantitative data points on KOL abandonment and insider selling.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b98-72ad4dd9da96/15",
      "deckHref": "/decks/019dd923-622c-750b-8b98-72ad4dd9da96",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b98-72ad4dd9da96#slide-15",
      "loopMatches": [
        {
          "to": 15,
          "from": 7,
          "name": "Aha Moment",
          "slug": "03-aha-moment",
          "bestFor": "Data-heavy sections, research findings, analytical arguments",
          "matchId": "e80fc9fe-eee3-4c63-9ecb-b5238ed599c0",
          "evidence": "Slides 7-15 reveal several red flags and concerns, creating an 'aha' moment for the audience.",
          "position": 0,
          "objective": "What are the key concerns with Momo's business?",
          "structure": "The Problem/Question -> What the Data Shows -> The Insight",
          "confidence": 0.8,
          "description": "Establish a tension, present data, then deliver the insight that changes everything"
        }
      ],
      "arcBeatMatches": [
        {
          "to": 69,
          "from": 7,
          "beatId": "2ed90acb-05ba-4602-8daa-c17fe790841b",
          "arcName": "Overcoming the Monster",
          "arcSlug": "overcoming-monster",
          "beatName": "Expose Contradiction",
          "beatSlug": null,
          "evidence": "Slides 7-69 systematically expose contradictions and red flags in Momo's business, including undisclosed charges, complex VIE structure, and regulatory risks.",
          "position": 2,
          "confidence": 0.8,
          "parentBeatName": null,
          "parentBeatSlug": null
        },
        {
          "to": 15,
          "from": 15,
          "beatId": "9db32c13-ccef-4b8c-b7ee-78e33397989a",
          "arcName": "Overcoming the Monster",
          "arcSlug": "overcoming-monster",
          "beatName": "Thesis Headline",
          "beatSlug": null,
          "evidence": "Slide 15 presents the thesis headline, summarizing Spruce Point's bearish outlook.",
          "position": 3,
          "confidence": 0.8,
          "parentBeatName": null,
          "parentBeatSlug": null
        }
      ],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b98-72ad4dd9da96",
      "docSlug": "86dfa89096f8",
      "documentTitle": "Momo, Inc. (MOMO)",
      "authorId": "54_Spruce_Point_Capital",
      "authorName": "Ben Axler",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "short_seller",
      "sourceTypeLabel": "Short seller",
      "presentationDate": "2018-06-27 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.3333334,
      "pageNumber": 16,
      "slideType": "section_divider",
      "function": "transition",
      "notes": null,
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b98-72ad4dd9da96/16",
      "deckHref": "/decks/019dd923-622c-750b-8b98-72ad4dd9da96",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b98-72ad4dd9da96#slide-16",
      "loopMatches": [],
      "arcBeatMatches": [
        {
          "to": 69,
          "from": 7,
          "beatId": "2ed90acb-05ba-4602-8daa-c17fe790841b",
          "arcName": "Overcoming the Monster",
          "arcSlug": "overcoming-monster",
          "beatName": "Expose Contradiction",
          "beatSlug": null,
          "evidence": "Slides 7-69 systematically expose contradictions and red flags in Momo's business, including undisclosed charges, complex VIE structure, and regulatory risks.",
          "position": 2,
          "confidence": 0.8,
          "parentBeatName": null,
          "parentBeatSlug": null
        },
        {
          "to": 16,
          "from": 16,
          "beatId": "4ba23475-c871-4e98-ae43-b4125111f131",
          "arcName": "Overcoming the Monster",
          "arcSlug": "overcoming-monster",
          "beatName": "Section Divider",
          "beatSlug": null,
          "evidence": "Slide 16 serves as a section divider, separating the discussion of red flags from business insights.",
          "position": 4,
          "confidence": 0.8,
          "parentBeatName": null,
          "parentBeatSlug": null
        }
      ],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b98-72ad4dd9da96",
      "docSlug": "86dfa89096f8",
      "documentTitle": "Momo, Inc. (MOMO)",
      "authorId": "54_Spruce_Point_Capital",
      "authorName": "Ben Axler",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "short_seller",
      "sourceTypeLabel": "Short seller",
      "presentationDate": "2018-06-27 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.3333334,
      "pageNumber": 17,
      "slideType": "expose_contradiction",
      "function": "expose_contradiction",
      "notes": "Includes a screenshot of the official Chinese regulatory notice with English translation/annotation.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b98-72ad4dd9da96/17",
      "deckHref": "/decks/019dd923-622c-750b-8b98-72ad4dd9da96",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b98-72ad4dd9da96#slide-17",
      "loopMatches": [
        {
          "to": 28,
          "from": 17,
          "name": "Iceberg",
          "slug": "10-iceberg",
          "bestFor": "Consulting, complex problem solving, organizational change",
          "matchId": "49042e84-1452-41aa-a50b-88bb2f531e3b",
          "evidence": "Slides 17-28 expose the iceberg of Momo's problems, revealing undisclosed charges and complex VIE structure.",
          "position": 1,
          "objective": "What are the implications of Momo's undisclosed charges and complex VIE structure?",
          "structure": "The Symptom (Visible) -> The System (Hidden) -> The Root Cause",
          "confidence": 0.7,
          "description": "Reveal that the visible problem is merely a symptom of a deeper root cause"
        }
      ],
      "arcBeatMatches": [
        {
          "to": 69,
          "from": 7,
          "beatId": "2ed90acb-05ba-4602-8daa-c17fe790841b",
          "arcName": "Overcoming the Monster",
          "arcSlug": "overcoming-monster",
          "beatName": "Expose Contradiction",
          "beatSlug": null,
          "evidence": "Slides 7-69 systematically expose contradictions and red flags in Momo's business, including undisclosed charges, complex VIE structure, and regulatory risks.",
          "position": 2,
          "confidence": 0.8,
          "parentBeatName": null,
          "parentBeatSlug": null
        }
      ],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b98-72ad4dd9da96",
      "docSlug": "86dfa89096f8",
      "documentTitle": "Momo, Inc. (MOMO)",
      "authorId": "54_Spruce_Point_Capital",
      "authorName": "Ben Axler",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "short_seller",
      "sourceTypeLabel": "Short seller",
      "presentationDate": "2018-06-27 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.3333334,
      "pageNumber": 18,
      "slideType": "expose_contradiction",
      "function": "expose_contradiction",
      "notes": "The slide uses screenshots of Chinese corporate registry data (Qixin) to prove that Momo retroactively corrected financial filings and ownership transfer dates.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b98-72ad4dd9da96/18",
      "deckHref": "/decks/019dd923-622c-750b-8b98-72ad4dd9da96",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b98-72ad4dd9da96#slide-18",
      "loopMatches": [
        {
          "to": 28,
          "from": 17,
          "name": "Iceberg",
          "slug": "10-iceberg",
          "bestFor": "Consulting, complex problem solving, organizational change",
          "matchId": "49042e84-1452-41aa-a50b-88bb2f531e3b",
          "evidence": "Slides 17-28 expose the iceberg of Momo's problems, revealing undisclosed charges and complex VIE structure.",
          "position": 1,
          "objective": "What are the implications of Momo's undisclosed charges and complex VIE structure?",
          "structure": "The Symptom (Visible) -> The System (Hidden) -> The Root Cause",
          "confidence": 0.7,
          "description": "Reveal that the visible problem is merely a symptom of a deeper root cause"
        }
      ],
      "arcBeatMatches": [
        {
          "to": 69,
          "from": 7,
          "beatId": "2ed90acb-05ba-4602-8daa-c17fe790841b",
          "arcName": "Overcoming the Monster",
          "arcSlug": "overcoming-monster",
          "beatName": "Expose Contradiction",
          "beatSlug": null,
          "evidence": "Slides 7-69 systematically expose contradictions and red flags in Momo's business, including undisclosed charges, complex VIE structure, and regulatory risks.",
          "position": 2,
          "confidence": 0.8,
          "parentBeatName": null,
          "parentBeatSlug": null
        }
      ],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b98-72ad4dd9da96",
      "docSlug": "86dfa89096f8",
      "documentTitle": "Momo, Inc. (MOMO)",
      "authorId": "54_Spruce_Point_Capital",
      "authorName": "Ben Axler",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "short_seller",
      "sourceTypeLabel": "Short seller",
      "presentationDate": "2018-06-27 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.3333334,
      "pageNumber": 19,
      "slideType": "expose_contradiction",
      "function": "expose_contradiction",
      "notes": "Uses a red circle annotation to draw attention to the specific date of resignation.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b98-72ad4dd9da96/19",
      "deckHref": "/decks/019dd923-622c-750b-8b98-72ad4dd9da96",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b98-72ad4dd9da96#slide-19",
      "loopMatches": [
        {
          "to": 28,
          "from": 17,
          "name": "Iceberg",
          "slug": "10-iceberg",
          "bestFor": "Consulting, complex problem solving, organizational change",
          "matchId": "49042e84-1452-41aa-a50b-88bb2f531e3b",
          "evidence": "Slides 17-28 expose the iceberg of Momo's problems, revealing undisclosed charges and complex VIE structure.",
          "position": 1,
          "objective": "What are the implications of Momo's undisclosed charges and complex VIE structure?",
          "structure": "The Symptom (Visible) -> The System (Hidden) -> The Root Cause",
          "confidence": 0.7,
          "description": "Reveal that the visible problem is merely a symptom of a deeper root cause"
        }
      ],
      "arcBeatMatches": [
        {
          "to": 69,
          "from": 7,
          "beatId": "2ed90acb-05ba-4602-8daa-c17fe790841b",
          "arcName": "Overcoming the Monster",
          "arcSlug": "overcoming-monster",
          "beatName": "Expose Contradiction",
          "beatSlug": null,
          "evidence": "Slides 7-69 systematically expose contradictions and red flags in Momo's business, including undisclosed charges, complex VIE structure, and regulatory risks.",
          "position": 2,
          "confidence": 0.8,
          "parentBeatName": null,
          "parentBeatSlug": null
        }
      ],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b98-72ad4dd9da96",
      "docSlug": "86dfa89096f8",
      "documentTitle": "Momo, Inc. (MOMO)",
      "authorId": "54_Spruce_Point_Capital",
      "authorName": "Ben Axler",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "short_seller",
      "sourceTypeLabel": "Short seller",
      "presentationDate": "2018-06-27 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.3333334,
      "pageNumber": 20,
      "slideType": "expose_contradiction",
      "function": "expose_contradiction",
      "notes": "The slide uses a table to highlight the discrepancy between disclosed and undisclosed entities, supported by an organizational chart.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b98-72ad4dd9da96/20",
      "deckHref": "/decks/019dd923-622c-750b-8b98-72ad4dd9da96",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b98-72ad4dd9da96#slide-20",
      "loopMatches": [
        {
          "to": 28,
          "from": 17,
          "name": "Iceberg",
          "slug": "10-iceberg",
          "bestFor": "Consulting, complex problem solving, organizational change",
          "matchId": "49042e84-1452-41aa-a50b-88bb2f531e3b",
          "evidence": "Slides 17-28 expose the iceberg of Momo's problems, revealing undisclosed charges and complex VIE structure.",
          "position": 1,
          "objective": "What are the implications of Momo's undisclosed charges and complex VIE structure?",
          "structure": "The Symptom (Visible) -> The System (Hidden) -> The Root Cause",
          "confidence": 0.7,
          "description": "Reveal that the visible problem is merely a symptom of a deeper root cause"
        }
      ],
      "arcBeatMatches": [
        {
          "to": 69,
          "from": 7,
          "beatId": "2ed90acb-05ba-4602-8daa-c17fe790841b",
          "arcName": "Overcoming the Monster",
          "arcSlug": "overcoming-monster",
          "beatName": "Expose Contradiction",
          "beatSlug": null,
          "evidence": "Slides 7-69 systematically expose contradictions and red flags in Momo's business, including undisclosed charges, complex VIE structure, and regulatory risks.",
          "position": 2,
          "confidence": 0.8,
          "parentBeatName": null,
          "parentBeatSlug": null
        }
      ],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b98-72ad4dd9da96",
      "docSlug": "86dfa89096f8",
      "documentTitle": "Momo, Inc. (MOMO)",
      "authorId": "54_Spruce_Point_Capital",
      "authorName": "Ben Axler",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "short_seller",
      "sourceTypeLabel": "Short seller",
      "presentationDate": "2018-06-27 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.3333334,
      "pageNumber": 21,
      "slideType": "expose_contradiction",
      "function": "expose_contradiction",
      "notes": "The slide uses a red box to visually isolate the 'Undisclosed' entities from the 'Disclosed' ones.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b98-72ad4dd9da96/21",
      "deckHref": "/decks/019dd923-622c-750b-8b98-72ad4dd9da96",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b98-72ad4dd9da96#slide-21",
      "loopMatches": [
        {
          "to": 28,
          "from": 17,
          "name": "Iceberg",
          "slug": "10-iceberg",
          "bestFor": "Consulting, complex problem solving, organizational change",
          "matchId": "49042e84-1452-41aa-a50b-88bb2f531e3b",
          "evidence": "Slides 17-28 expose the iceberg of Momo's problems, revealing undisclosed charges and complex VIE structure.",
          "position": 1,
          "objective": "What are the implications of Momo's undisclosed charges and complex VIE structure?",
          "structure": "The Symptom (Visible) -> The System (Hidden) -> The Root Cause",
          "confidence": 0.7,
          "description": "Reveal that the visible problem is merely a symptom of a deeper root cause"
        }
      ],
      "arcBeatMatches": [
        {
          "to": 69,
          "from": 7,
          "beatId": "2ed90acb-05ba-4602-8daa-c17fe790841b",
          "arcName": "Overcoming the Monster",
          "arcSlug": "overcoming-monster",
          "beatName": "Expose Contradiction",
          "beatSlug": null,
          "evidence": "Slides 7-69 systematically expose contradictions and red flags in Momo's business, including undisclosed charges, complex VIE structure, and regulatory risks.",
          "position": 2,
          "confidence": 0.8,
          "parentBeatName": null,
          "parentBeatSlug": null
        }
      ],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b98-72ad4dd9da96",
      "docSlug": "86dfa89096f8",
      "documentTitle": "Momo, Inc. (MOMO)",
      "authorId": "54_Spruce_Point_Capital",
      "authorName": "Ben Axler",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "short_seller",
      "sourceTypeLabel": "Short seller",
      "presentationDate": "2018-06-27 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.3333334,
      "pageNumber": 22,
      "slideType": "expose_contradiction",
      "function": "expose_contradiction",
      "notes": "The slide uses a color-coded organizational chart to distinguish between disclosed (green) and undisclosed (red) entities.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b98-72ad4dd9da96/22",
      "deckHref": "/decks/019dd923-622c-750b-8b98-72ad4dd9da96",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b98-72ad4dd9da96#slide-22",
      "loopMatches": [
        {
          "to": 28,
          "from": 17,
          "name": "Iceberg",
          "slug": "10-iceberg",
          "bestFor": "Consulting, complex problem solving, organizational change",
          "matchId": "49042e84-1452-41aa-a50b-88bb2f531e3b",
          "evidence": "Slides 17-28 expose the iceberg of Momo's problems, revealing undisclosed charges and complex VIE structure.",
          "position": 1,
          "objective": "What are the implications of Momo's undisclosed charges and complex VIE structure?",
          "structure": "The Symptom (Visible) -> The System (Hidden) -> The Root Cause",
          "confidence": 0.7,
          "description": "Reveal that the visible problem is merely a symptom of a deeper root cause"
        }
      ],
      "arcBeatMatches": [
        {
          "to": 69,
          "from": 7,
          "beatId": "2ed90acb-05ba-4602-8daa-c17fe790841b",
          "arcName": "Overcoming the Monster",
          "arcSlug": "overcoming-monster",
          "beatName": "Expose Contradiction",
          "beatSlug": null,
          "evidence": "Slides 7-69 systematically expose contradictions and red flags in Momo's business, including undisclosed charges, complex VIE structure, and regulatory risks.",
          "position": 2,
          "confidence": 0.8,
          "parentBeatName": null,
          "parentBeatSlug": null
        }
      ],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b98-72ad4dd9da96",
      "docSlug": "86dfa89096f8",
      "documentTitle": "Momo, Inc. (MOMO)",
      "authorId": "54_Spruce_Point_Capital",
      "authorName": "Ben Axler",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "short_seller",
      "sourceTypeLabel": "Short seller",
      "presentationDate": "2018-06-27 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.3333334,
      "pageNumber": 23,
      "slideType": "expose_contradiction",
      "function": "expose_contradiction",
      "notes": "Uses a process diagram to contrast the 'official' flow with the 'actual' (alleged) flow.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b98-72ad4dd9da96/23",
      "deckHref": "/decks/019dd923-622c-750b-8b98-72ad4dd9da96",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b98-72ad4dd9da96#slide-23",
      "loopMatches": [
        {
          "to": 28,
          "from": 17,
          "name": "Iceberg",
          "slug": "10-iceberg",
          "bestFor": "Consulting, complex problem solving, organizational change",
          "matchId": "49042e84-1452-41aa-a50b-88bb2f531e3b",
          "evidence": "Slides 17-28 expose the iceberg of Momo's problems, revealing undisclosed charges and complex VIE structure.",
          "position": 1,
          "objective": "What are the implications of Momo's undisclosed charges and complex VIE structure?",
          "structure": "The Symptom (Visible) -> The System (Hidden) -> The Root Cause",
          "confidence": 0.7,
          "description": "Reveal that the visible problem is merely a symptom of a deeper root cause"
        }
      ],
      "arcBeatMatches": [
        {
          "to": 69,
          "from": 7,
          "beatId": "2ed90acb-05ba-4602-8daa-c17fe790841b",
          "arcName": "Overcoming the Monster",
          "arcSlug": "overcoming-monster",
          "beatName": "Expose Contradiction",
          "beatSlug": null,
          "evidence": "Slides 7-69 systematically expose contradictions and red flags in Momo's business, including undisclosed charges, complex VIE structure, and regulatory risks.",
          "position": 2,
          "confidence": 0.8,
          "parentBeatName": null,
          "parentBeatSlug": null
        }
      ],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b98-72ad4dd9da96",
      "docSlug": "86dfa89096f8",
      "documentTitle": "Momo, Inc. (MOMO)",
      "authorId": "54_Spruce_Point_Capital",
      "authorName": "Ben Axler",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "short_seller",
      "sourceTypeLabel": "Short seller",
      "presentationDate": "2018-06-27 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.3333334,
      "pageNumber": 24,
      "slideType": "expose_contradiction",
      "function": "expose_contradiction",
      "notes": "Includes a screenshot of a website and a flow chart showing ownership structure.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b98-72ad4dd9da96/24",
      "deckHref": "/decks/019dd923-622c-750b-8b98-72ad4dd9da96",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b98-72ad4dd9da96#slide-24",
      "loopMatches": [
        {
          "to": 28,
          "from": 17,
          "name": "Iceberg",
          "slug": "10-iceberg",
          "bestFor": "Consulting, complex problem solving, organizational change",
          "matchId": "49042e84-1452-41aa-a50b-88bb2f531e3b",
          "evidence": "Slides 17-28 expose the iceberg of Momo's problems, revealing undisclosed charges and complex VIE structure.",
          "position": 1,
          "objective": "What are the implications of Momo's undisclosed charges and complex VIE structure?",
          "structure": "The Symptom (Visible) -> The System (Hidden) -> The Root Cause",
          "confidence": 0.7,
          "description": "Reveal that the visible problem is merely a symptom of a deeper root cause"
        }
      ],
      "arcBeatMatches": [
        {
          "to": 69,
          "from": 7,
          "beatId": "2ed90acb-05ba-4602-8daa-c17fe790841b",
          "arcName": "Overcoming the Monster",
          "arcSlug": "overcoming-monster",
          "beatName": "Expose Contradiction",
          "beatSlug": null,
          "evidence": "Slides 7-69 systematically expose contradictions and red flags in Momo's business, including undisclosed charges, complex VIE structure, and regulatory risks.",
          "position": 2,
          "confidence": 0.8,
          "parentBeatName": null,
          "parentBeatSlug": null
        }
      ],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b98-72ad4dd9da96",
      "docSlug": "86dfa89096f8",
      "documentTitle": "Momo, Inc. (MOMO)",
      "authorId": "54_Spruce_Point_Capital",
      "authorName": "Ben Axler",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "short_seller",
      "sourceTypeLabel": "Short seller",
      "presentationDate": "2018-06-27 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.3333334,
      "pageNumber": 25,
      "slideType": "expose_contradiction",
      "function": "expose_contradiction",
      "notes": "The slide uses red boxes to highlight the specific data points that contradict each other.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b98-72ad4dd9da96/25",
      "deckHref": "/decks/019dd923-622c-750b-8b98-72ad4dd9da96",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b98-72ad4dd9da96#slide-25",
      "loopMatches": [
        {
          "to": 28,
          "from": 17,
          "name": "Iceberg",
          "slug": "10-iceberg",
          "bestFor": "Consulting, complex problem solving, organizational change",
          "matchId": "49042e84-1452-41aa-a50b-88bb2f531e3b",
          "evidence": "Slides 17-28 expose the iceberg of Momo's problems, revealing undisclosed charges and complex VIE structure.",
          "position": 1,
          "objective": "What are the implications of Momo's undisclosed charges and complex VIE structure?",
          "structure": "The Symptom (Visible) -> The System (Hidden) -> The Root Cause",
          "confidence": 0.7,
          "description": "Reveal that the visible problem is merely a symptom of a deeper root cause"
        }
      ],
      "arcBeatMatches": [
        {
          "to": 69,
          "from": 7,
          "beatId": "2ed90acb-05ba-4602-8daa-c17fe790841b",
          "arcName": "Overcoming the Monster",
          "arcSlug": "overcoming-monster",
          "beatName": "Expose Contradiction",
          "beatSlug": null,
          "evidence": "Slides 7-69 systematically expose contradictions and red flags in Momo's business, including undisclosed charges, complex VIE structure, and regulatory risks.",
          "position": 2,
          "confidence": 0.8,
          "parentBeatName": null,
          "parentBeatSlug": null
        }
      ],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b98-72ad4dd9da96",
      "docSlug": "86dfa89096f8",
      "documentTitle": "Momo, Inc. (MOMO)",
      "authorId": "54_Spruce_Point_Capital",
      "authorName": "Ben Axler",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "short_seller",
      "sourceTypeLabel": "Short seller",
      "presentationDate": "2018-06-27 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.3333334,
      "pageNumber": 26,
      "slideType": "expose_contradiction",
      "function": "expose_contradiction",
      "notes": "Uses red boxes to highlight specific mismatched figures in the tables.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b98-72ad4dd9da96/26",
      "deckHref": "/decks/019dd923-622c-750b-8b98-72ad4dd9da96",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b98-72ad4dd9da96#slide-26",
      "loopMatches": [
        {
          "to": 28,
          "from": 17,
          "name": "Iceberg",
          "slug": "10-iceberg",
          "bestFor": "Consulting, complex problem solving, organizational change",
          "matchId": "49042e84-1452-41aa-a50b-88bb2f531e3b",
          "evidence": "Slides 17-28 expose the iceberg of Momo's problems, revealing undisclosed charges and complex VIE structure.",
          "position": 1,
          "objective": "What are the implications of Momo's undisclosed charges and complex VIE structure?",
          "structure": "The Symptom (Visible) -> The System (Hidden) -> The Root Cause",
          "confidence": 0.7,
          "description": "Reveal that the visible problem is merely a symptom of a deeper root cause"
        }
      ],
      "arcBeatMatches": [
        {
          "to": 69,
          "from": 7,
          "beatId": "2ed90acb-05ba-4602-8daa-c17fe790841b",
          "arcName": "Overcoming the Monster",
          "arcSlug": "overcoming-monster",
          "beatName": "Expose Contradiction",
          "beatSlug": null,
          "evidence": "Slides 7-69 systematically expose contradictions and red flags in Momo's business, including undisclosed charges, complex VIE structure, and regulatory risks.",
          "position": 2,
          "confidence": 0.8,
          "parentBeatName": null,
          "parentBeatSlug": null
        }
      ],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b98-72ad4dd9da96",
      "docSlug": "86dfa89096f8",
      "documentTitle": "Momo, Inc. (MOMO)",
      "authorId": "54_Spruce_Point_Capital",
      "authorName": "Ben Axler",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "short_seller",
      "sourceTypeLabel": "Short seller",
      "presentationDate": "2018-06-27 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.3333334,
      "pageNumber": 27,
      "slideType": "expose_contradiction",
      "function": "expose_contradiction",
      "notes": "Uses visual evidence (brochure vs. Tianyancha registry) to prove undisclosed related party ownership.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b98-72ad4dd9da96/27",
      "deckHref": "/decks/019dd923-622c-750b-8b98-72ad4dd9da96",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b98-72ad4dd9da96#slide-27",
      "loopMatches": [
        {
          "to": 28,
          "from": 17,
          "name": "Iceberg",
          "slug": "10-iceberg",
          "bestFor": "Consulting, complex problem solving, organizational change",
          "matchId": "49042e84-1452-41aa-a50b-88bb2f531e3b",
          "evidence": "Slides 17-28 expose the iceberg of Momo's problems, revealing undisclosed charges and complex VIE structure.",
          "position": 1,
          "objective": "What are the implications of Momo's undisclosed charges and complex VIE structure?",
          "structure": "The Symptom (Visible) -> The System (Hidden) -> The Root Cause",
          "confidence": 0.7,
          "description": "Reveal that the visible problem is merely a symptom of a deeper root cause"
        }
      ],
      "arcBeatMatches": [
        {
          "to": 69,
          "from": 7,
          "beatId": "2ed90acb-05ba-4602-8daa-c17fe790841b",
          "arcName": "Overcoming the Monster",
          "arcSlug": "overcoming-monster",
          "beatName": "Expose Contradiction",
          "beatSlug": null,
          "evidence": "Slides 7-69 systematically expose contradictions and red flags in Momo's business, including undisclosed charges, complex VIE structure, and regulatory risks.",
          "position": 2,
          "confidence": 0.8,
          "parentBeatName": null,
          "parentBeatSlug": null
        }
      ],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b98-72ad4dd9da96",
      "docSlug": "86dfa89096f8",
      "documentTitle": "Momo, Inc. (MOMO)",
      "authorId": "54_Spruce_Point_Capital",
      "authorName": "Ben Axler",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "short_seller",
      "sourceTypeLabel": "Short seller",
      "presentationDate": "2018-06-27 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.3333334,
      "pageNumber": 28,
      "slideType": "expose_contradiction",
      "function": "expose_contradiction",
      "notes": "Includes a flow chart showing disclosed vs. undisclosed entities and a table highlighting suspicious financial figures.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b98-72ad4dd9da96/28",
      "deckHref": "/decks/019dd923-622c-750b-8b98-72ad4dd9da96",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b98-72ad4dd9da96#slide-28",
      "loopMatches": [
        {
          "to": 28,
          "from": 17,
          "name": "Iceberg",
          "slug": "10-iceberg",
          "bestFor": "Consulting, complex problem solving, organizational change",
          "matchId": "49042e84-1452-41aa-a50b-88bb2f531e3b",
          "evidence": "Slides 17-28 expose the iceberg of Momo's problems, revealing undisclosed charges and complex VIE structure.",
          "position": 1,
          "objective": "What are the implications of Momo's undisclosed charges and complex VIE structure?",
          "structure": "The Symptom (Visible) -> The System (Hidden) -> The Root Cause",
          "confidence": 0.7,
          "description": "Reveal that the visible problem is merely a symptom of a deeper root cause"
        }
      ],
      "arcBeatMatches": [
        {
          "to": 69,
          "from": 7,
          "beatId": "2ed90acb-05ba-4602-8daa-c17fe790841b",
          "arcName": "Overcoming the Monster",
          "arcSlug": "overcoming-monster",
          "beatName": "Expose Contradiction",
          "beatSlug": null,
          "evidence": "Slides 7-69 systematically expose contradictions and red flags in Momo's business, including undisclosed charges, complex VIE structure, and regulatory risks.",
          "position": 2,
          "confidence": 0.8,
          "parentBeatName": null,
          "parentBeatSlug": null
        }
      ],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b98-72ad4dd9da96",
      "docSlug": "86dfa89096f8",
      "documentTitle": "Momo, Inc. (MOMO)",
      "authorId": "54_Spruce_Point_Capital",
      "authorName": "Ben Axler",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "short_seller",
      "sourceTypeLabel": "Short seller",
      "presentationDate": "2018-06-27 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.3333334,
      "pageNumber": 29,
      "slideType": "expose_contradiction",
      "function": "expose_contradiction",
      "notes": "Includes a photo of the alleged building and a callout box for the address.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b98-72ad4dd9da96/29",
      "deckHref": "/decks/019dd923-622c-750b-8b98-72ad4dd9da96",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b98-72ad4dd9da96#slide-29",
      "loopMatches": [],
      "arcBeatMatches": [
        {
          "to": 69,
          "from": 7,
          "beatId": "2ed90acb-05ba-4602-8daa-c17fe790841b",
          "arcName": "Overcoming the Monster",
          "arcSlug": "overcoming-monster",
          "beatName": "Expose Contradiction",
          "beatSlug": null,
          "evidence": "Slides 7-69 systematically expose contradictions and red flags in Momo's business, including undisclosed charges, complex VIE structure, and regulatory risks.",
          "position": 2,
          "confidence": 0.8,
          "parentBeatName": null,
          "parentBeatSlug": null
        }
      ],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b98-72ad4dd9da96",
      "docSlug": "86dfa89096f8",
      "documentTitle": "Momo, Inc. (MOMO)",
      "authorId": "54_Spruce_Point_Capital",
      "authorName": "Ben Axler",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "short_seller",
      "sourceTypeLabel": "Short seller",
      "presentationDate": "2018-06-27 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.3333334,
      "pageNumber": 30,
      "slideType": "expose_contradiction",
      "function": "expose_contradiction",
      "notes": "Uses investigative photography to cast doubt on the legitimacy of a business entity.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b98-72ad4dd9da96/30",
      "deckHref": "/decks/019dd923-622c-750b-8b98-72ad4dd9da96",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b98-72ad4dd9da96#slide-30",
      "loopMatches": [],
      "arcBeatMatches": [
        {
          "to": 69,
          "from": 7,
          "beatId": "2ed90acb-05ba-4602-8daa-c17fe790841b",
          "arcName": "Overcoming the Monster",
          "arcSlug": "overcoming-monster",
          "beatName": "Expose Contradiction",
          "beatSlug": null,
          "evidence": "Slides 7-69 systematically expose contradictions and red flags in Momo's business, including undisclosed charges, complex VIE structure, and regulatory risks.",
          "position": 2,
          "confidence": 0.8,
          "parentBeatName": null,
          "parentBeatSlug": null
        }
      ],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b98-72ad4dd9da96",
      "docSlug": "86dfa89096f8",
      "documentTitle": "Momo, Inc. (MOMO)",
      "authorId": "54_Spruce_Point_Capital",
      "authorName": "Ben Axler",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "short_seller",
      "sourceTypeLabel": "Short seller",
      "presentationDate": "2018-06-27 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.3333334,
      "pageNumber": 31,
      "slideType": "expose_contradiction",
      "function": "expose_contradiction",
      "notes": "The diagram illustrates a complex corporate structure linking Momo to Pokermaster through various entities and app stores.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b98-72ad4dd9da96/31",
      "deckHref": "/decks/019dd923-622c-750b-8b98-72ad4dd9da96",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b98-72ad4dd9da96#slide-31",
      "loopMatches": [],
      "arcBeatMatches": [
        {
          "to": 69,
          "from": 7,
          "beatId": "2ed90acb-05ba-4602-8daa-c17fe790841b",
          "arcName": "Overcoming the Monster",
          "arcSlug": "overcoming-monster",
          "beatName": "Expose Contradiction",
          "beatSlug": null,
          "evidence": "Slides 7-69 systematically expose contradictions and red flags in Momo's business, including undisclosed charges, complex VIE structure, and regulatory risks.",
          "position": 2,
          "confidence": 0.8,
          "parentBeatName": null,
          "parentBeatSlug": null
        }
      ],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b98-72ad4dd9da96",
      "docSlug": "86dfa89096f8",
      "documentTitle": "Momo, Inc. (MOMO)",
      "authorId": "54_Spruce_Point_Capital",
      "authorName": "Ben Axler",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "short_seller",
      "sourceTypeLabel": "Short seller",
      "presentationDate": "2018-06-27 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.3333334,
      "pageNumber": 32,
      "slideType": "expose_contradiction",
      "function": "expose_contradiction",
      "notes": "Includes a red circle annotation highlighting the connection between Wuxi Jianguo and Wuxi Yilumi.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b98-72ad4dd9da96/32",
      "deckHref": "/decks/019dd923-622c-750b-8b98-72ad4dd9da96",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b98-72ad4dd9da96#slide-32",
      "loopMatches": [],
      "arcBeatMatches": [
        {
          "to": 69,
          "from": 7,
          "beatId": "2ed90acb-05ba-4602-8daa-c17fe790841b",
          "arcName": "Overcoming the Monster",
          "arcSlug": "overcoming-monster",
          "beatName": "Expose Contradiction",
          "beatSlug": null,
          "evidence": "Slides 7-69 systematically expose contradictions and red flags in Momo's business, including undisclosed charges, complex VIE structure, and regulatory risks.",
          "position": 2,
          "confidence": 0.8,
          "parentBeatName": null,
          "parentBeatSlug": null
        }
      ],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b98-72ad4dd9da96",
      "docSlug": "86dfa89096f8",
      "documentTitle": "Momo, Inc. (MOMO)",
      "authorId": "54_Spruce_Point_Capital",
      "authorName": "Ben Axler",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "short_seller",
      "sourceTypeLabel": "Short seller",
      "presentationDate": "2018-06-27 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.3333334,
      "pageNumber": 33,
      "slideType": "expose_contradiction",
      "function": "expose_contradiction",
      "notes": "Uses WHOIS records and IP hosting data to link the company to gambling sites.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b98-72ad4dd9da96/33",
      "deckHref": "/decks/019dd923-622c-750b-8b98-72ad4dd9da96",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b98-72ad4dd9da96#slide-33",
      "loopMatches": [],
      "arcBeatMatches": [
        {
          "to": 69,
          "from": 7,
          "beatId": "2ed90acb-05ba-4602-8daa-c17fe790841b",
          "arcName": "Overcoming the Monster",
          "arcSlug": "overcoming-monster",
          "beatName": "Expose Contradiction",
          "beatSlug": null,
          "evidence": "Slides 7-69 systematically expose contradictions and red flags in Momo's business, including undisclosed charges, complex VIE structure, and regulatory risks.",
          "position": 2,
          "confidence": 0.8,
          "parentBeatName": null,
          "parentBeatSlug": null
        }
      ],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b98-72ad4dd9da96",
      "docSlug": "86dfa89096f8",
      "documentTitle": "Momo, Inc. (MOMO)",
      "authorId": "54_Spruce_Point_Capital",
      "authorName": "Ben Axler",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "short_seller",
      "sourceTypeLabel": "Short seller",
      "presentationDate": "2018-06-27 00:00:00",
      "orientation": "landscape",
      "aspectRatio": 1.3333334,
      "pageNumber": 34,
      "slideType": "expose_contradiction",
      "function": "expose_contradiction",
      "notes": "Includes a screenshot of a Facebook page as evidence.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b98-72ad4dd9da96/34",
      "deckHref": "/decks/019dd923-622c-750b-8b98-72ad4dd9da96",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b98-72ad4dd9da96#slide-34",
      "loopMatches": [],
      "arcBeatMatches": [
        {
          "to": 69,
          "from": 7,
          "beatId": "2ed90acb-05ba-4602-8daa-c17fe790841b",
          "arcName": "Overcoming the Monster",
          "arcSlug": "overcoming-monster",
          "beatName": "Expose Contradiction",
          "beatSlug": null,
          "evidence": "Slides 7-69 systematically expose contradictions and red flags in Momo's business, including undisclosed charges, complex VIE structure, and regulatory risks.",
          "position": 2,
          "confidence": 0.8,
          "parentBeatName": null,
          "parentBeatSlug": null
        }
      ],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    }
  ]
}