RINO International Corp. (RINO)

Carson C. Block · 2010-11
arc beats above · slides in the middle · loops below · scroll → 2 LOOPS
SETUP TENSION ANALYSIS EVIDENCE RESOLUTION APPENDIX
HOVER FOR DETAILS · CLICK A SLIDE FOR FULLSCREEN · STEP 1
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Deck intelligence map

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coverage by narrative range · generated from this deck JSON

Slide inventory

30
every slide · same image gating as the playbook
01
Slide 1
This is a classic Muddy Waters short-thesis research note.summarize
Open slide detailBeat · The Monster
02
This is a research note from Muddy Waters Research, likely a short-seller report.summarize
Open slide detailBeat · The Monster
03
This is a research note from Muddy Waters Research detailing a short thesis.expose_contradiction
Open slide detailBeat · The MonsterLoop · Aha Moment
04
The slide uses investigative research to contradict company-reported customer relationships and revenue figures.expose_contradiction
Open slide detailBeat · The MonsterLoop · Aha Moment
05
The slide uses a series of 'X relationship is fabricated' headers to structure the evidence against the company.expose_contradiction
Open slide detailBeat · The MonsterLoop · Aha Moment
06
The slide uses investigative research to discredit the company's reported revenue and operational success.expose_contradiction
Open slide detailBeat · The Struggle
07
Contains footnotes 13 and 14 defining entity names and currency conversion rates.appendix
Open slide detailBeat · The Struggle
08
The table uses a 17% VAT rate to derive implied sales, showing a consistent discrepancy with reported figures.expose_contradiction
Open slide detailBeat · The Struggle
09
This is a research note from Muddy Waters Research exposing potential accounting fraud.expose_contradiction
Open slide detailBeat · The Struggle
10
The table serves as a forensic audit of tax filings, highlighting specific misstatements of law.expose_contradiction
Open slide detailBeat · The StruggleLoop · The Reveal
11
The slide uses a specific contradiction between 'net income' and 'pretax income' in legal filings to suggest fraudulent activity.expose_contradiction
Open slide detailBeat · The StruggleLoop · The Reveal
12
This slide is from a Muddy Waters research report exposing a potential fraud or governance issue.expose_contradiction
Open slide detailBeat · The StruggleLoop · The Reveal
13
The slide highlights a $156.5 million payable to Rino International that is flagged as problematic and subject to elimination.analyze_data
Open slide detailBeat · The Struggle
14
This is a text-heavy research note page detailing financial irregularities and potential fraud.expose_contradiction
Open slide detailBeat · The Struggle
15
Data presented in USD (000's).analyze_data
Open slide detailBeat · The Struggle
16
The slide uses a short-seller research style to cast doubt on the company's financial integrity by highlighting auditor failures and implausible asset compositiexpose_contradiction
Open slide detailBeat · The Victory
17
The slide uses financial data to cast doubt on the company's reported revenue growth by showing a divergence between revenue and raw material inventory.compare_peers
Open slide detailBeat · The Victory
18
The slide uses financial data to cast doubt on the legitimacy of the company's reported inventory/raw material figures.expose_contradiction
Open slide detailBeat · The Victory
19
The slide uses a forensic accounting approach to highlight potential fraud by comparing inventory advances to raw material consumption.expose_contradiction
Open slide detailBeat · The Victory
20
Includes footnotes 25 and 26. The narrative uses a 'comical' anecdote to discredit RINO's claims.expose_contradiction
Open slide detailBeat · The Victory
21
This is a research note from Muddy Waters Research exposing potential fraud or misrepresentation by RINO.expose_contradiction
Open slide detailBeat · The Victory
22
This is a page from a short-seller research report (Muddy Waters Research).name_villain
Open slide detailBeat · The Victory
23
The slide presents a list of technical and economic failures attributed to RINO's technology based on expert testimony.name_villain
Open slide detailBeat · The Victory
24
This is a page from a Muddy Waters research report exposing corporate malfeasance.expose_contradiction
Open slide detailBeat · The Victory
25
The slide uses a narrative structure to highlight discrepancies in accounting and legal filings.expose_contradiction
Open slide detailBeat · The Victory
26
The timeline is used to expose a contradiction in the company's claims regarding loan repayment and property ownership.expose_contradiction
Open slide detailBeat · The Victory
27
The table tracks specific iron and steel group customers and their equipment installations alongside their percentage of total sales over three periods.analyze_data
Open slide detailBeat · The Victory
28
The text is oriented vertically on the left side of the image. The bottom right corner contains a red box label '工程实例' (Engineering Case).illustrate_case
Open slide detailBeat · The Victory
29
The slide contains two distinct project entries: 'Sintering Flue Gas Desulfurization Project' and 'Annual Output of 10,000 Tons of Gypsum Project'.other
Open slide detailBeat · The Victory
30
The slide is a raw data dump from a construction bidding website.analyze_data
Open slide detailBeat · The Victory