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  "documentTitle": "RINO International Corp. (RINO)",
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  "authorName": "Carson C. Block",
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  "presentationDate": "2010-11-10 00:00:00",
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  "notes": "The table uses a 17% VAT rate to derive implied sales, showing a consistent discrepancy with reported figures.",
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      "text": "The inconsistency between VAT and reported revenues highlights the accounting strains resulting from significantly cooking the books.",
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      "text": "The inconsistency between VAT and reported revenues highlights the accounting strains resulting from significantly cooking the books. It may also disguise cash leakage from the Company.",
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      "text": "RINO International Corp. December 31, 2009 Form 10-K (filed March 31, 2010), p. F-30. — RINO International Corp.",
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      "text": "15 RINO International Corp. December 31, 2009 Form 10-K (filed March 31, 2010), p. F-30.",
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      "text": "RINO’s Disclosures of the Value Added Tax (“VAT”) it Pays Greatly Contradict its Reported Revenues.",
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