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  "documentTitle": "Orient Paper Inc. (ONP)",
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  "authorName": "Carson Block and Sean Regan",
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  "sourceTypeLabel": "Short seller",
  "presentationDate": "2010-07-02 00:00:00",
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      "text": "The factory I visited, who ever owns or runs it, is incapable of performing to the level ONP reported to investors.",
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      "text": "After driving for a while, we turned down a narrow country road and drove into what seemed like a village and agricultural area. I instinctively looked for displaced pavement/ bumps on the road and other signs of wear and tear.",
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      "text": "I asked Chairman Liu numerous questions during the factory tour and meeting afterward. These questions covered the production process in detail, and also focused on how ONP could produce and ship the quantities of product it claims.",
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      "text": "The factory I was looking at was unprofessional, unorganized, had low output and produced low quality products. I also felt much of what I did see was staged. No amount jabbing or name calling is going make a real factory appear.",
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      "text": "This is where the divide happens. Two people can walk the same path and see dramatically different things. It must have a lot to do with experience. I never worked for a Wall Street bank... But I do know factories!",
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      "text": "We approached a dilapidated gate and a group of rundown buildings that looked like old storage rooms or dormitories. The gate opened! I was surprised this was the factory.",
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      "text": "While at the Hong Qiao Airport waiting to board a flight to Beijing, Carson and I started to browse through the 10-K and 10-Qs. I graduated from business school in 1992, and it had been a while since I looked over such documents.",
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      "text": "After reading all documents I was eager to get in the factory and see it for my own eyes. That was the day I met Rick Pearson. It was auspicious to find that a reporter for TheStreet.com was there as well.",
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