Contrarian Corpus
Muddy Waters vs. China Internet Nationwide Financial Services Inc.

China Internet Nationwide Financial Services Inc. · CIFS

1 deck published between 2017-12-20 and 2017-12-20 — 18 pages, 18 analysed slides total.

initial thesis

Timeline

Each deck in chronological order — click to open. This is the story of the campaign as it unfolded.

  1. 2017-12-20 initial thesis

    2017 12 MWR_CIFS_12202017

    18pp · research_note

    CIFS is an old-style China reverse-merger fraud dressed up as a Reg A+ IPO; SAIC filings show 5x revenue overstatement, every disclosed borrower is a sham, and the equity is worthless.