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  "documentTitle": "CPI Property Group (CPIPGR)",
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  "authorName": "Muddy Waters Research",
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  "presentationDate": "2023-11-21 00:00:00",
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  "notes": "Uses a screenshot of a yacht listing to establish a valuation benchmark.",
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      "text": "It is unclear what Vitek actually paid for Hull 607, but the intention seems to have been for it to cost double the €6.2 million deposit amount – i.e., for €12.4 million.",
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      "text": "It is unclear what Vitek actually paid for Hull 607, but the intention seems to have been for it to cost double the €6.2 million deposit amount - i.e., for €12.4 million. Even at €12.4 million, Vitek seems to have gotten a good deal.",
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      "text": "1 Eurocraft Cantieri Navali Srl Financial Statements 2021. 2 Ibid. 3 https://www.autoevolution.com/news/real-estate-billionaire-parting-with-his-luxury-explorer-that-doubles-as-a-party-yacht-180935.html 4 Aspermont S.á.r.l. Financial Statements 2021.",
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      "text": "Magnification of price listing showing US$ 16 million",
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      "kind": "title",
      "text": "BT 2 Vessel Ltd. — Step 2",
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