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The President's Passenger — The Apex Cognition Flaw

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i have a fiancee we're getting married tonight so i'm not interested in your boss congratulations sir i wish you both a lifetime of happiness Thank you. You've looked into Apex Cognition?

A little. Why are you looking to acquire them? It's an emerging enterprise AI company with strong growth potential. Our evaluation found that both its ARR and customer mix are healthy. Actually, something's wrong with that company.

And who are you to say that? You're just a taxi driver. What do you know? That's a serious claim, sir. You'll need evidence. Last quarter, Apex Cognition signed a $180 million contract for a three-year term, then recognized the entire amount as revenue.

Under ASC 606, that revenue should be spread over the full service period. That one move inflated the ARR from last quarter by at least 40%. How do you know that? I've been following the company, too.

You're a taxi driver. There's no way you could know any of that. Check it yourselves if you don't believe me. And take a look at Peak Ventures, one of their customers. It's registered in Delaware, but its controlling party shares an address with Apex Cognition's CFO.

That's a concealed related party transaction. The SEC loves investigating Gina, have someone investigate this immediately. Be thorough. You actually believe him? We'll know if he's telling the truth once we check, won't we?

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