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  "documentTitle": "Lasertec Corporation (6920)",
  "authorId": "58_Scorpion_Capital",
  "authorName": "Scorpion Capital",
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  "presentationDate": "2024-06-05 00:00:00",
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      "text": "Multiple investigators visited the campus ~20 times from Dec 2023 and May 2024 and found a generally deserted and empty facility with no evidence of R&D, production, nor any indication that Fab 4A matches its promotional photos, leading us to wonder if the pics are fake.",
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      "text": "11. Lasertec’s new “Innovation Park” in Yokohama is a fraud – a purported R&D and production campus with two supposed “fabs” that is 5X the size of its headquarters and its next driver of growth, announced in 2022 as the largest capital expenditure and expansion in its history. Multiple investigators visited the campus ~20 times from Dec 2023 and May 2024 and found a generally deserted and empty facility with no evidence of R&D, production, nor any indication that Fab 4A matches its promotional photos, leading us to wonder if the pics are fake.",
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