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  "documentTitle": "Nano-X Imaging Ltd. (NNOX)",
  "authorId": "51_Muddy_Waters",
  "authorName": "Carson C. Block",
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  "sourceTypeLabel": "Short seller",
  "presentationDate": "2020-09-22 00:00:00",
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  "notes": "The slide uses a strong investigative tone, drawing parallels to the Theranos and Nikola scandals.",
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      "text": "We conclude that NNOX has no real product to sell other than its stock.",
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      "text": "If NNOX's claims are achievable, it seemingly will come as a shock to most of the radiology profession. We interviewed five radiologists who were familiar with NNOX's claims. Not a single one expressed credulity of NNOX. Four of the radiologists – without any prompting – compared NNOX to Theranos.",
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      "text": "Recently, a video created by A-Labs of the ARC imaging machine performing a “raw chest scan” has circulated among NNOX retail investors. This footage, previously marked “private”, was published in February 2020 and shows a dummy, known as a phantom, in an undisclosed room being passed over by the ARC. The video then cuts to full-screen shots of a black-and-white, rotating chest image on the left side of the screen and a stationary image of a chest on the right. Four radiologists opined to us that the imaging footage is fake.",
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      "text": "The ARC appears to be little more than a futuristic movie prop. In fact, an Israeli company that designed a pickup truck used in the movie Jurassic World claims credit for its design. That company is run by a graduate of the same art school from which NNOX CEO Ran Poliakine dropped out after two years. Does Mr. Poliakine have qualifications that make him well-suited to run an industry-changing medical imaging company? It depends. We understand that he has no background in medicine, physics, or imaging. However, in two lawsuits, he has been alleged to have cheated investors in other businesses he ran. If the ARC is indeed real, it would be quite an achievement for somebody without such training. However, if the ARC is all promotion, it certainly would not be inconsistent with the conduct alleged in the suits.",
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      "text": "In the beginning of the video, the phantom is laying with its arms across its chest as the Nanox.ARC moves down the torso:",
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      "text": "1 Interviews with Radiologists A, B, D, and E",
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      "kind": "title",
      "text": "Nikola Used Gravity; NNOX Seems to Have Used Somebody Else's Images to Fake its \"Live Demo\"",
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