{ "docId": "019dd923-622c-750b-8b9a-40e2965928db", "docSlug": "e5bffbaac707", "documentTitle": "TransMedics (TMDX)", "authorId": "58_Scorpion_Capital", "authorName": "Scorpion Capital", "documentKindSlug": "research-note", "documentKindLabel": "Research note", "sourceTypeSlug": "short_seller", "sourceTypeLabel": "Short seller", "presentationDate": "2025-01-10 00:00:00", "orientation": "landscape", "aspectRatio": 1.3333334, "pageNumber": 3, "pageCount": 342, "prevPage": 2, "nextPage": 4, "slideType": "testimonial", "function": "name_villain", "density": "balanced", "nDataPoints": 0, "notes": "The slide uses anecdotal evidence to frame the company's leadership as a 'villain' figure, specifically highlighting potential legal and regulatory scrutiny.", "elementsJson": [ "quote_block" ], "metadataConfidence": 1, "imagePath": null, "slideHref": "/slides/019dd923-622c-750b-8b9a-40e2965928db/3", "deckHref": "/decks/019dd923-622c-750b-8b9a-40e2965928db", "deckJsonHref": "/decks/019dd923-622c-750b-8b9a-40e2965928db.json", "deckAnchorHref": "/decks/019dd923-622c-750b-8b9a-40e2965928db#slide-3", "components": [ { "bbox": null, "kind": "callout", "text": "It’s like racketeering or something, right? That’s what it feels like...I’m sure other surgeons have used some pretty dramatic words...they’re playing like mafia-style...very deliberate and a thug-style way of getting things done.", "attrs": null, "subkind": null, "toolName": "Visual emphasis", "toolSlug": "visual-emphasis", "confidence": null, "componentId": "019dd953-70f3-714d-84be-95824a8f1809", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.15, "w": 0.7, "x": 0.15, "y": 0.42 }, "kind": "quote", "text": "You should see Waleed arrive at conferences. They show up in these blacked-out cars...and you think the president is showing up. It’s like Waleed and his secret service, but it’s the TransMedics folks.", "attrs": null, "subkind": "testimonial", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "b0f0e115-e027-49b9-bfc7-88a386e4c34a", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.2, "w": 0.7, "x": 0.15, "y": 0.12 }, "kind": "quote", "text": "It’s like racketeering or something, right? That’s what it feels like...I’m sure other surgeons have used some pretty dramatic words...they’re playing like mafia-style...very deliberate and a thug-style way of getting things done...", "attrs": null, "subkind": "testimonial", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "b13a106a-957d-4f42-847a-4e752f1e4f1d", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.2, "w": 0.7, "x": 0.15, "y": 0.65 }, "kind": "quote", "text": "There’s so much that’s going to be found out. Do you know everything that’s going on with the OIG and the DOJ and the IRS?...I recently interviewed with the Department of Justice, the OIG, and the IRS.", "attrs": null, "subkind": "testimonial", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "d9b3ead4-d102-426b-a1e7-9897d4e35818", "frameworkName": null, "frameworkSlug": null }, { "bbox": null, "kind": "quote", "text": "\"It’s like racketeering or something, right? That’s what it feels like...I’m sure other surgeons have used some pretty dramatic words...they’re playing like mafia-style...very deliberate and a thug-style way of getting things done...I would call him Waleed’s enforcer. He’s someone you wouldn’t be surprised to find out is knee-capping people...you see those movies where the guys go around and collect their protection money. That’s what he reminds me of - the guy who’s going around to collect the protection money.\" — Transplant surgeon at a high-volume academic center; one of TransMedics largest customers; in process of moving to another device. \"You should see Waleed arrive at conferences. They show up in these blacked-out cars...and you think the president is showing up. It’s like three blacked-out SUVs. They all get out. They all look the same in their suits. Yeah, it’s like Waleed and his secret service, but it’s the TransMedics folks.\" — Executive at a leading OPO (Organ Procurement Organization), industry veteran. \"There’s so much that’s going to be found out. Do you know everything that’s going on with the OIG and the DOJ and the IRS?...it’s deeper than [the Washington Post], and I’ll let you know because I’ve been interviewed for it...here’s all the drama. I recently interviewed with the Department of Justice, the OIG, and the IRS. And with the DOJ out of Washington and out of New York...and then the state attorney general is getting involved in this as well because if there’s Medicare fraud...and probably the most prominent attorney general that’s getting involved is Virginia.\" — CEO of a major OPO, longtime industry executive.", "attrs": null, "subkind": null, "toolName": "Authority citation", "toolSlug": "authority-citation", "confidence": null, "componentId": "019dd953-70f3-714d-84be-9ad4ea66d65e", "frameworkName": null, "frameworkSlug": null } ], "metrics": [], "tools": [ { "name": "Emotional Appeal", "slug": "emotional-appeal", "agent": "Storyteller", "layer": "slide", "matchId": "e4d974f7-ac1b-4241-8084-b99d3932b47c", "evidence": "quote: \"It's like racketeering or something, right? That's what it feels like...I'm sure other surgeons have used some pretty dramatic words...they're playing like mafia-style...very deliberate and a thug-style way of getting business.\"", "confidence": 0.7 } ], "frameworks": [ { "name": "antagonist-introduction", "slug": null, "matchId": "776e7252-7147-40e8-ad3b-e4f101cfd672", "evidence": "The slide explicitly frames the company leadership as a 'villain' or 'thug' to build a case against them.", "confidence": 0.9 } ], "arcBeats": [ { "to": 9, "from": 3, "beatId": "2ce2729c-3fa0-4258-b23a-c05ff53032bc", "arcName": "Overcoming the Monster", "arcSlug": "overcoming-monster", "beatName": "Testimonials from Industry Experts", "beatSlug": null, "evidence": "The section presents testimonials from experts and industry professionals criticizing TransMedics Group Inc.", "position": 2, "confidence": 0.8, "parentBeatName": null, "parentBeatSlug": null } ], "loops": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }