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  "documentTitle": "Xylem Inc. (XYL)",
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  "presentationDate": "2023-08-09 00:00:00",
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      "text": "Spruce Point cannot find any other public company that has ever disclosed a non-cash cloud computing intangible transaction.",
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      "text": "Spruce Point cannot find any other public company that has ever disclosed a non-cash cloud computing intangible transaction. The timing of this transaction ahead of its sale to Xylem, lack of discussion about the transaction, and its recent charge for accounting fraud by the SEC, should make investors incredibly suspicious. Specifically, the last time Evoqua disclosed a cloud computing related intangible transaction was 2017, during the same period the SEC brought fraud charges.",
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      "text": "Source: Evoqua 10-Q. Note: Last time Evoqua disclosed such a transaction was 2017 for $5.5m (2017 10-K)",
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      "text": "Evoqua Water Technologies Corp. Unaudited Supplemental Disclosure of Cash Flow Information",
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