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  "docSlug": "7b9732353f21",
  "documentTitle": "OSI Systems, Inc. (OSIS)",
  "authorId": "51_Muddy_Waters",
  "authorName": "Carson C. Block",
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  "sourceTypeSlug": "short_seller",
  "sourceTypeLabel": "Short seller",
  "presentationDate": "2018-01-31 00:00:00",
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  "notes": "This is a short-seller research note attacking the legitimacy of a company.",
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      "kind": "callout",
      "text": "ICMS Construction seems to essentially be a company on paper only that has no substance.",
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      "kind": "list",
      "text": "$1,300 cash, zero inventory, $20,000 in plant and machinery, and our favorite ICMS Construction factoid though is that this construction powerhouse had office equipment of just $514 – AT COST!",
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      "text": "So the biggest question we have is whether ICMS Construction is run off a typewriter or an iPhone. ICMS Construction seems to essentially be a company on paper only that has no substance.",
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      "text": "It is inconceivable that a legitimate structure would give ICMS a 49% stake in the concession. To show how much of a farce ICMS Construction is, as of the end of 2016, it had:",
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      "kind": "paragraph",
      "text": "For the foregoing reasons, the company’s response to our report in no way changes our opinion that OSIS is rotten to the core.",
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