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  "documentTitle": "Twist Bioscience (TWST)",
  "authorId": "58_Scorpion_Capital",
  "authorName": "Scorpion Capital",
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  "presentationDate": "2022-11-15 00:00:00",
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      "text": "In order to conceal the spiraling losses from its manufacturing meltdown and pricing scheme - and to prevent its Ponzi-like nature from becoming obvious - we believe that Twist has resorted to Worldcom-esque accounting fraud, fabricating a 45% gross margin that it promotes will rise to 60%.",
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      "text": "gross margin: 45%",
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      "text": "Part III: In order to conceal the spiraling losses from its manufacturing meltdown and pricing scheme – and to prevent its Ponzi-like nature from becoming obvious - we believe that Twist has resorted to Worldcom-esque accounting fraud, fabricating a 45% gross margin that it promotes will rise to 60%. Negative gross margins would have shut off its access to ongoing capital raises years ago - its only lifeline - and already thrown it into Chapter 7 liquidation.",
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