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Includes a description of a 'brushing' model involving round-tripping RMB 1,000,000 for ad placements.GSX Techedu (GSX) · Carson Block
Research note Short seller Beat · Solution (Provide relief)Loop · Logic Chain1 hit
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Includes footnotes 8-11 and a table summarizing user distribution.GSX Techedu (GSX) · Carson Block
Research note Short seller Beat · Solution (Provide relief)Loop · Logic Chain1 hit
15
Document appears to be a standard legal disclosure or registration form for a security interest.GSX Techedu (GSX) · Carson Block
Research note Short seller Beat · Solution (Provide relief)Loop · Logic Chain1 hit
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Document appears to be a page from a legal charge or security agreement prepared by Walkers.GSX Techedu (GSX) · Carson Block
Research note Short seller Beat · Solution (Provide relief)Loop · Logic Chain1 hit
17
The slide provides a step-by-step guide for data extraction from the platform.GSX Techedu (GSX) · Carson Block
Research note Short seller Beat · Solution (Provide relief)Loop · Logic Chain1 hit
18
The slide uses a screenshot of Chrome DevTools with red annotations to guide the user through a technical process.GSX Techedu (GSX) · Carson Block
Research note Short seller Beat · Solution (Provide relief)Loop · Logic Chain1 hit
19
The slide contains a screenshot of Chrome DevTools and text instructions for reverse engineering video playback data.GSX Techedu (GSX) · Carson Block
Research note Short seller Beat · Solution (Provide relief)Loop · Logic Chain1 hit
20
This slide describes a technical investigation process involving data scraping and analysis of JSON files.GSX Techedu (GSX) · Carson Block
Research note Short seller Beat · Solution (Provide relief)Loop · Logic Chain1 hit
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GSX Techedu (GSX)GSX Techedu (GSX) · Carson Block
Research note Short seller Beat · Solution (Provide relief)Loop · Logic Chain1 hit
22
The slide provides a technical walkthrough for data scraping/extraction.GSX Techedu (GSX) · Carson Block
Research note Short seller Beat · Solution (Provide relief)Loop · Logic Chain1 hit
23
Includes a screenshot of browser developer tools showing a JSON response mapping a teacher's profile to a specific User Number.GSX Techedu (GSX) · Carson Block
Research note Short seller Beat · Solution (Provide relief)Loop · Logic Chain1 hit
24
The slide provides evidence of identity verification by cross-referencing user IDs, IP addresses, and avatar URLs against public teacher profiles.GSX Techedu (GSX) · Carson Block
Research note Short seller Beat · Solution (Provide relief)Loop · Logic Chain1 hit
25
This slide provides empirical evidence to support the classification of 'Type 0' users as students.GSX Techedu (GSX) · Carson Block
Research note Short seller Beat · Solution (Provide relief)Loop · Logic Chain1 hit
06
The slide uses a comparison to Wirecard to frame the severity of the situation.Solutions 30 (S30) · Carson Block
Research note Short seller Beat · Solution (Provide relief)Loop · Cost Of Inaction1 hit
11
Contains two tables detailing portfolio metrics including vacancy rates, market value, and net initial yields.Vivion Investments · Carson Block
Research note Short seller Beat · SolutionLoop · Cost Of Inaction1 hit
12
The slide aggregates disparate data points from financial statements, presentations, and prospectuses to support an argument about overvaluation.Vivion Investments · Carson Block
Research note Short seller Beat · SolutionLoop · Cost Of Inaction1 hit
13
This slide serves as a formal legal disclaimer regarding data provenance and verification limitations.Vivion Investments · Carson Block
Research note Short seller Beat · SolutionLoop · Cost Of Inaction1 hit
14
Contains two figures (Figure 1 and Figure 2) showing financial statement notes regarding group companies, intangible assets, and investment property.Vivion Investments · Carson Block
Research note Short seller Beat · SolutionLoop · Cost Of Inaction1 hit
15
Includes two tables (Figure 1 and 2) modeling high-end and low-end estimates of Rent24's contribution to Vivion's rental income.Vivion Investments · Carson Block
Research note Short seller Beat · SolutionLoop · Cost Of Inaction1 hit
16
This is a legal document (Liste der Gesellschafter) showing the cap table structure at the time of incorporation/renaming.Vivion Investments · Carson Block
Research note Short seller Beat · SolutionLoop · Cost Of Inaction1 hit
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Source: Drastemo Limited (Cyprus), Republic of Cyprus Companies SectionVivion Investments · Carson Block
Research note Short seller Beat · SolutionLoop · Cost Of Inaction1 hit
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Contains two figures: Figure 1 (Dorata Limited loan table) and Figure 2 (Vivion shareholder loan structure diagram).Vivion Investments · Carson Block
Research note Short seller Beat · SolutionLoop · Cost Of Inaction1 hit
19
The table lists 12 entities across Cyprus and Germany with varying ownership stakes.Vivion Investments · Carson Block
Research note Short seller Beat · SolutionLoop · Cost Of Inaction1 hit
20
The slide is a page from a financial statement report, specifically Note 13 regarding investments.Vivion Investments · Carson Block
Research note Short seller Beat · SolutionLoop · Cost Of Inaction1 hit
21
The table compares Ecomondus 2018 financial statement reporting against individual Cyprus corporate records.Vivion Investments · Carson Block
Research note Short seller Beat · SolutionLoop · Cost Of Inaction1 hit
22
The document shows two share transfers of 50 shares each from Kklaw Nominees Limited and Cleserve Limited to Ecomondus Limited on 11/02/2019.Vivion Investments · Carson Block
Research note Short seller Beat · SolutionLoop · Cost Of Inaction1 hit
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The document shows two share transfer entries to ECOMONDUS LIMITED, dated 11/02/2019.Vivion Investments · Carson Block
Research note Short seller Beat · SolutionLoop · Cost Of Inaction1 hit
24
Form shows transfer of 50 shares from KKLAW NOMINEES LIMITED and NDOLAN LTD to ECOMONDUS LIMITED on 11/02/2019.Vivion Investments · Carson Block
Research note Short seller Beat · SolutionLoop · Cost Of Inaction1 hit
25
Document shows share transfer from KKLaw Nominees Limited and Ndolan Ltd to Ecomondus Limited.Vivion Investments · Carson Block
Research note Short seller Beat · SolutionLoop · Cost Of Inaction1 hit
05
The slide functions as a rebuttal to XL's corporate response, focusing on customer testimonials vs. marketing claims and the financial implications of the SPAC deal.XL Fleet (XL) · Carson C. Block
Research note Short seller Beat · Impact & Next StepsLoop · Aha Moment1 hit