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  "documentTitle": "iQIYI, Inc. (IQ)",
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  "presentationDate": "2020-04-07 00:00:00",
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  "notes": "The slide uses a screenshot of the State Administration of Press, Publication, Radio, Film and Television of The People's Republic of China to prove Skymoons only distributes licensed games.",
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      "text": "The fact that Skymoons was not the true originator of the design of its only successful game and depended upon both creativity and talent of others as well as IQ’s investments and marketing power to promote and commercialize the game completely undermines the ridiculous valuation that IQ ascribed to it.",
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      "text": "Screenshot of the State Administration of Press, Publication, Radio, Film and Television of The People's Republic of China database showing Skymoons' licensed games.",
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      "text": "We don't believe it's a coincidence that both of the other companies who were willing to acquire Skymoons at such a rich valuation were found to have engaged in fraud.",
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      "text": "On March 30, 2018, only three and a half months prior to IQ's July 2018 acquisition, the Suzhou People's Intermediate Court ruled that Skymoons had stolen the IP that formed the foundation and structure of the “Journey of the Flower” game.",
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      "text": "69-72: Citations for legal rulings and government database links.",
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