{
  "docId": "019dd923-622c-750b-8b95-c91281d84a77",
  "docSlug": "85021cb773d9",
  "documentTitle": "RINO International Corp. (RINO)",
  "authorId": "51_Muddy_Waters",
  "authorName": "Carson C. Block",
  "documentKindSlug": "research-note",
  "documentKindLabel": "Research note",
  "sourceTypeSlug": "short_seller",
  "sourceTypeLabel": "Short seller",
  "presentationDate": "2010-11-10 00:00:00",
  "orientation": "portrait",
  "aspectRatio": 0.7070758,
  "pageNumber": 27,
  "pageCount": 30,
  "prevPage": 26,
  "nextPage": 28,
  "slideType": "comparison_table",
  "function": "analyze_data",
  "density": "balanced",
  "nDataPoints": 21,
  "notes": "The table tracks specific iron and steel group customers and their equipment installations alongside their percentage of total sales over three periods.",
  "elementsJson": [
    "headline_text",
    "bullet_list",
    "data_table"
  ],
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019dd923-622c-750b-8b95-c91281d84a77/27",
  "deckHref": "/decks/019dd923-622c-750b-8b95-c91281d84a77",
  "deckJsonHref": "/decks/019dd923-622c-750b-8b95-c91281d84a77.json",
  "deckAnchorHref": "/decks/019dd923-622c-750b-8b95-c91281d84a77#slide-27",
  "components": [
    {
      "bbox": null,
      "kind": "callout",
      "text": "As of September 2009, top 5 customers account for [36%] of its total revenues, dramatically down from 88% in 2007",
      "attrs": null,
      "subkind": null,
      "toolName": "Visual emphasis",
      "toolSlug": "visual-emphasis",
      "confidence": null,
      "componentId": "019dd953-14db-7299-bdf3-1e9cfb008b57",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.15,
        "w": 0.85,
        "x": 0.08,
        "y": 0.16
      },
      "kind": "list",
      "text": "RINO has successfully sold its suite of environmental products to top customers in the iron & steel industry and continues to diversify its customer base. As of September 2009, top 5 customers account for [36%] of its total revenues, dramatically down from 88% in 2007",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "951a823e-385f-4db0-a0d6-a1a793413834",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": null,
      "kind": "metric",
      "text": "percentage of sales: 36%",
      "attrs": null,
      "subkind": "primary",
      "toolName": "Quantification",
      "toolSlug": "quantification",
      "confidence": null,
      "componentId": "019dd953-14db-7299-bdf3-217430e10773",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.55,
        "w": 0.9,
        "x": 0.05,
        "y": 0.35
      },
      "kind": "table",
      "text": "Selective Top Customers for Each Year table showing Customers, Equipment Installed, and % of Sales for 2007, 2008, and 9M09.",
      "attrs": null,
      "subkind": "data",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "52ced38c-e84f-4d89-845b-ac793e5adaaf",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.65,
        "x": 0.17,
        "y": 0.05
      },
      "kind": "title",
      "text": "Diversified Customers with Cross-Selling Opportunities",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "46eedd94-0566-4137-81dc-f738f6960eae",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 30,
      "from": 16,
      "beatId": "60b16da2-149a-4375-ab5d-61871983def3",
      "arcName": "Overcoming the Monster",
      "arcSlug": "overcoming-monster",
      "beatName": "The Victory",
      "beatSlug": "overcoming-monster-the-victory",
      "evidence": "The document concludes that RINO is not a viable investment opportunity",
      "position": 2,
      "confidence": 0.8,
      "parentBeatName": "Turn",
      "parentBeatSlug": "turn"
    }
  ],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}