{
  "docId": "019dd923-622c-750b-8b97-7ba6965a6d0c",
  "docSlug": "4634159700f7",
  "documentTitle": "CPI Property Group (CPIPG)",
  "authorId": "51_Muddy_Waters",
  "authorName": "Carson C. Block",
  "documentKindSlug": "research-note",
  "documentKindLabel": "Research note",
  "sourceTypeSlug": "short_seller",
  "sourceTypeLabel": "Short seller",
  "presentationDate": "2024-04-08 00:00:00",
  "orientation": "portrait",
  "aspectRatio": 0.77272725,
  "pageNumber": 5,
  "pageCount": 9,
  "prevPage": 4,
  "nextPage": 6,
  "slideType": "appendix_disclosure",
  "function": "expose_contradiction",
  "density": "balanced",
  "nDataPoints": 12,
  "notes": "The slide combines a formal financial disclosure table with a critical investigative commentary regarding potential conflicts of interest and omitted disclosures.",
  "elementsJson": [
    "data_table",
    "paragraph",
    "footnote"
  ],
  "metadataConfidence": 0.95,
  "imagePath": null,
  "slideHref": "/slides/019dd923-622c-750b-8b97-7ba6965a6d0c/5",
  "deckHref": "/decks/019dd923-622c-750b-8b97-7ba6965a6d0c",
  "deckJsonHref": "/decks/019dd923-622c-750b-8b97-7ba6965a6d0c.json",
  "deckAnchorHref": "/decks/019dd923-622c-750b-8b97-7ba6965a6d0c#slide-5",
  "components": [
    {
      "bbox": null,
      "kind": "callout",
      "text": "The January 1, 2023 sale to Vitek was excluded from the related party transaction disclosures in the management reports. Why was this omitted?",
      "attrs": null,
      "subkind": null,
      "toolName": "Visual emphasis",
      "toolSlug": "visual-emphasis",
      "confidence": null,
      "componentId": "019dd953-0391-77f4-a9eb-222f64bec9ee",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.15,
        "w": 0.76,
        "x": 0.12,
        "y": 0.64
      },
      "kind": "list",
      "text": "a. Does CPIPG see a bright future in the equestrian industry? b. The January 1, 2023 sale to Vitek was excluded from the related party transaction disclosures...",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "1049645e-690d-4c02-b5e4-06cc16689630",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": null,
      "kind": "metric",
      "text": "Related-party liabilities: 696 534",
      "attrs": null,
      "subkind": "primary",
      "toolName": "Quantification",
      "toolSlug": "quantification",
      "confidence": null,
      "componentId": "019dd953-0391-77f4-a9eb-26b1aa69d84a",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.15,
        "w": 0.76,
        "x": 0.12,
        "y": 0.48
      },
      "kind": "paragraph",
      "text": "3. CPIPG sold V Team Praha s.r.o. to Vitek's Chuchle Arena Praha s.r.o. on January 1, 2023 and reacquired it via the Galopota acquisition...",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "a92d9059-9ee3-48f1-8dc2-3c0a6c012f9d",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.02,
        "w": 0.2,
        "x": 0.19,
        "y": 0.41
      },
      "kind": "source-note",
      "text": "Marcano a.s., 2022 Financials",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "4cf2a4c5-b551-48b9-a7a5-a8c508c30d4b",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.25,
        "w": 0.62,
        "x": 0.19,
        "y": 0.19
      },
      "kind": "table",
      "text": "Liabilities table for 2022 and 2021 showing loans from Radovan Vitek",
      "attrs": null,
      "subkind": "data",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "73680ae4-217f-408a-9508-9fae87f31fb3",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.02,
        "w": 0.5,
        "x": 0.22,
        "y": 0.1
      },
      "kind": "title",
      "text": "4.5 Informace o transakcích se spřízněnými stranami",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "978818c6-30db-4322-9448-22797ffe6154",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [
    {
      "name": "Table data",
      "slug": "table-data",
      "agent": null,
      "layer": "slide",
      "matchId": "69c91d12-c739-4b7a-a2c1-87b45ef66652",
      "evidence": "table/data: Liabilities table for 2022 and 2021 showing loans from Radovan Vitek",
      "confidence": 0.9
    }
  ],
  "frameworks": [
    {
      "name": "fraud-exposure",
      "slug": null,
      "matchId": "eb250e57-4768-4067-9b61-ce5dc5c3589e",
      "evidence": "The slide highlights an omission of a related party transaction in financial reports.",
      "confidence": 0.9
    }
  ],
  "arcBeats": [
    {
      "to": 6,
      "from": 4,
      "beatId": "a3c41eab-84bb-4f6e-ba7f-2d0d02ed5b45",
      "arcName": "Problem-Agitate-Solution",
      "arcSlug": "problem-agitate-solution",
      "beatName": "Agitate",
      "beatSlug": "problem-agitate-solution-agitate-make-it-worse",
      "evidence": "The document highlights the severity of CPI PG's financial situation, emphasizing ongoing operating losses and negative equity.",
      "position": 1,
      "confidence": 0.8,
      "parentBeatName": "Development",
      "parentBeatSlug": "development"
    }
  ],
  "loops": [
    {
      "to": 6,
      "from": 4,
      "name": "Cost Of Inaction",
      "slug": "27-cost-of-inaction",
      "bestFor": "Urgent budget requests, compliance, risk mitigation",
      "matchId": "69b87375-2dfe-455d-a67d-c1044cb6e9f5",
      "evidence": "The document implies that inaction could lead to severe consequences, such as further financial deterioration.",
      "position": 0,
      "objective": "What are the consequences of not addressing CPI PG's financial struggles?",
      "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"
    }
  ],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}