NNOX - Citron / MW the short report

 

You've probably heard about NNOX, the new IPO company.

It's a hot company these days.

I know that short selling reports(Citron and MW) are causing stock prices to fall.

Me, too. We've suffered heavy losses since the stock price fell.

 

I'm going to write down my personal opinion on the short selling report today.

 

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First. 

In the Cirtron report, 

They said NNOX submitted a submission form of 510(K).

and that is really easy to approve

 

Yeap. right. 

NNOX acknowledges the submission, but NNOX said.
The reason they submitted 510(K) is that they need FDA permission quickly

to start their business, at least next year.

 

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Second

At MW, radiologists working at a hospital named Hadassah

said they had never seen Nanox Arc.

 

At the Motley Fool interview,

The CEO said their nano arcs existed at Hadassah Hospital

and investors checked the substance.

It also said in person that NNOX is very close to radiologist

contrary to the claim that radiologists did not know the machine.

 

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Third

 

In MW, X-ray images are fabricated.

It is not make sense.

 

they said that image come from different sources, not the phatom being scanned. 

 

Yeah, I think it's a little weird.

NNOX requires other X-ray images to be shown.
The best way is to show the actual implementation of the prototype.