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  "notes": "Continues a series of arguments regarding the fraudulent nature of the company's narrative.",
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      "text": "8. As a result of the re-work and duplicative manufacturing caused by errors, it is simply implausible that Twist has a positive gross margin. Twist is the equivalent of Tesla having to re-make a car 5-10 times to get one right, and then discounting it at 95% off because that's the clearing price for junk – but with a crucial difference that makes the situation even more dire: Tesla in that scenario could re-use the parts, while Twist has to eat the variable cost of chips for each run as well as expensive reagents, enzymes, and other inputs on top of labor. Gen9, a failed company that used the same Agilent chip as Twist, experienced yields of only 30% and minus 30% gross margins, according to an-executive: \"the cost of goods are pretty horrendous\"; the gross margins \"were pretty shitty...yeah, they were negative.\"",
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      "text": "9. The sheer dysfunctionality of Twist's errors, yields, and re-work is such an anomaly that we wonder if there's another public manufacturing company with gross margins this catastrophic. A DNA manufacturing expert stated that the chip's fatal flaws mean that \"you're definitely going bankrupt\"; \"you're going to lose money...it's something I don't think [investors] get...you're not long for this world.\"",
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      "text": "Part II: Twist's \"DNA chip\" narrative is fraudulent (cont'd)",
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