Theres even room for more lines. That's $100 million you paid. This research guide has detailed information about the university's two Washington letters and provides pathways to research materials on the spy ring. Core Scientific (NASDAQ: CORZ) fell 3.8% after a new short report from Culper Research. Read the complaint here. The company did not report any news, but these losses are a result of a short-seller report issued by investigative research firm Culper Research. On October 31, 2019, Culper Research published a scathing report detailing reasons Culper Research believes the Company's internal review "was a farce, and shares are ultimately worthless." A quick scroll through Culper's website yields very little in the way of personnel or address. Im holding on to see the company response. White Diamond Research is a research firm that sells information to hedge funds and high net worth individuals. Guys, this is a classic short attack. If any provision of these Terms of Service is found by a court of competent jurisdiction to be invalid, the parties nevertheless agree that the court should endeavor to give effect to the parties intentions as reflected in the provision and rule that the other provisions of these Terms of Service remain in full force and effect, in particular as to this governing law and jurisdiction provision. The most trusted brand in stock market news; Fatest intelligence & alerts; Active trader chat rooms; Option trade alerts; Only comprehensive mobile notifications solution You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof, and we undertake no obligation to revise or update this press release to reflect events or circumstances after the date hereof. CleanSpark takes seriously any accusations of impropriety, stands behind its prior statements and disclosures, and will not tolerate unfounded and reckless claims against the Company. For example, if it has to redesign the study and start from scratch the costs could go up. We have a suite of software solutions that provide end-to-end microgrid energy modeling, energy market communications, and energy management solutions. LifeMD, Inc. v. Lamarco, Civil Action 2:21-cv-1273 - Casetext The report . They short the company, post these reports, and reap the benefits of people over reacting. Cost basis and return based on previous market day close. With Such Low Win Rates, Should Law Firms Respond to So Many RFPs? CLEANSPARK INVESTIGATING SHORT SELLER CULPER RESEARCH . Our offerings consist of intelligent energy monitoring and controls, intelligent microgrid design software, middleware communications protocols for the energy industry, energy system engineering, and software consulting services. Making the world smarter, happier, and richer. Here's what the company said in part. culper research legitsan juan airport restaurants hours. If Justin and Stefan were involved in anyway they would have been on the list of named defendants. Join The Legal Intelligencer now! They have a financial motivation for doing so -- they want the stock price to go down. Value oriented and event driven investor. On February 26, 2021, Hindenburg Research and Culper Research published reports regarding SOS Limited, alleging that the Company was a "pump and dump" scheme that used fake addresses and doctored . Culper makes no representation, express or implied, as to the accuracy, timeliness, or completeness of any such information or with regard to the results to be obtained from its use. Following publication of any research, we intend to continue transacting in the securities covered herein, and we may be long, short, or neutral at any time hereafter regardless of our initial recommendation, conclusions, or opinions. CleanSpark Investigates Anonymous Short Seller. Such holders only profit on such positions when the stock declines and incur potentially unlimited losses if the price does not decline. Actual results may differ from those set forth in this press release due to the risk and uncertainties inherent in our business, including, without limitation: the successful deployment energy solution on the project, the fitness of our energy software and solutions for this particular application or market, the expectations of future revenue growth may not be realized, ongoing demand for our software products and related services, the impact of global pandemics (including COVID-19) on the demand for our products and services; and other risks described in our prior press releases and in our filings with the Securities and Exchange Commission (SEC), including under the heading "Risk Factors" in our Annual Report on Form 10-K and any subsequent filings with the SEC. Research is not investment advice nor a recommendation or solicitation to buy securities. LFMD execs were not involved, and left the company. For more information, contact opendata@sec.gov. By accepting all cookies, you agree to our use of cookies to deliver and maintain our services and site, improve the quality of Reddit, personalize Reddit content and advertising, and measure the effectiveness of advertising. The problem is it has just $116.1 million in cash as of Dec. 31 and is burning through its cash. This is perfect for attorneys licensed in multiple jurisdictions or for attorneys that have fulfilled their CLE requirement but need to access resourceful information for their practice areas. The Motley Fool has a disclosure policy. Veru has not yet officially responded to Culper's accusations, which are worrying. Buy These 2 Stocks in 2023 and Hold for the Next Decade, Warren Buffett's Latest $2.9 Billion Buy Brings His Total Investment in This Stock to $66 Billion in 4 Years, 2 Stocks That Are About to Make Their Shareholders Richer, Join Over Half a Million Premium Members And Get More In-Depth Stock Guidance and Research, Copyright, Trademark and Patent Information. CleanSpark, Inc. Investor Relations(801) 244-4405[emailprotected], Cision Distribution 888-776-0942 The members of the culper spy ring are an excellent example of the ordinary people that risked their lives to create . exhibit at the Three Village Historical Society. I need to wait for management's response and the Q1 earnings release to really make an opinion on the merits of this short report. To allow for equitable access to all users, SEC reserves the right to limit requests originating from undeclared automated tools. Managing Partner, Chief Investment Officer. The Motley Fool recommends Aterian, Inc. Accounting issues always cause stress for investors. *Average returns of all recommendations since inception. On November 15, 2022, Culper Research published a short report on Treace (the "Culper Report"). Since RexMD's founding, sales and marketing have ballooned to $20.0M in Q4 2020. If a user or application submits more than 10 requests per second, further requests from the IP address(es) may be limited for a brief period. Culper on Twitter: "Tomorrow's report features two felons, two alleged Note that this policy may change as the SEC manages SEC.gov to ensure that the website performs efficiently and remains available to all users. Why would the block trades be significantly lower than current stock price at the time? "We believe that the Company has . Will Be Even Bigger Than Your Wildest Expectation, 7 Over-$100 Stocks That Are Worth Every Penny, Louis Navellier and the InvestorPlace Research Staff, 5 Penny Cryptos With the Most Potential for Growth, 7 Penny Stocks Poised for Explosive Growth in 2023. LFMD responded to short report, denying the claims and will report something in detail soon. https://www.google.com/amp/s/seekingalpha.com/amp/news/3681732-lifemd-falls-after-new-short-call-from-culper-research. lifeguard air ambulance new mexico hassan has plastic surgery hassan has plastic surgery Yes, the two executives were at Redwood Scientific. The lock-up on (9380 Macarthur's) massive 16.2% stake expires in June 2021. Agreed, this is pretty shitty but have to wait for the response. best hunting game for oculus quest 2 culper research legit. For example, on April 11 Veru announced its Covid-19 drug brought down the mortality rate by 55% but the Culper report said that this was a manipulation of how high mortality rates were with Covid-19. REKR reported $245,000 in Oklahoma revenue for itself, and $1,000,000 in revenue for the state of Oklahoma - "over 25,000" notices of non-compliance were issued, but REKR . Culper Research The report lists numerous ethical, integrity, and past performance issues with the key personnel running the company. Just another manipulative scare tactic that I wouldn't be surprised if they use against LifeMD next. CleanSpark cautions you that statements in this press release that are not a description of historical facts are forward-looking statements. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services. Veru Inc. (VERU) fell 6.7% after Culper Research released another short report on the oncology-focused biopharmaceutical company.Culper alleged in the report that at baseline, the. Here is what I think: These scumbags are going after companies with low institutional/high retail stocks that are on fire, to take advantage of panic. CleanSpark plans to apply its technologies with a goal of mining bitcoins at the lowest energy prices in the United States. Culper Research alleges that the company appears to use unlicensed doctors to dispense OTC medications. Will Aterian stock recover from this short attack? However, the only problem is that there is a research report dated May 2 from a short-seller firm, Culper Research. 1125 N. Charles St, Baltimore, MD 21201. The publisher of this false . Culper Research, an activist short-seller that in its words "seek[s] to expose companies which have misrepresented their operations, failed to disclose significant risks, misappropriated capital . Telehealth Co. Accuses Short Sellers Of Defamation-For-Profit You agree that the information on this website is copyrighted, and you therefore agree not to distribute this information (whether the downloaded file, copies / images / reproductions, or the link to these files) in any manner other than by providing the following link . Use of Culper Research's("Culper") research is at your own risk. Research is not investment advice nor a recommendation or solicitation to buy securities. Investors might want to watch out. And changing your chief financial officer in the midst of this doesn't exactly reassure. The Culper Report expressed the "view that Treace's primary innovation has not been in any sort of . Alpilean Reviews 2023 - Scam or Legit (Update Alpilean Supplement 2023 (On March 8 the company appointed Arturo Rodriguez to succeed Fabrice Hamaide in the position.) You further agree to do your own research and due diligence, consult your own financial, legal, and tax advisors before making any investment decision with respect to transacting in any securities covered herein. If too many people are short a stock, the trade might flip on them, and a short squeeze might take place, causing the stock to zoom higher. This suit was surfaced by Law.com Radar. *Average returns of all recommendations since inception. Docent led tours every 30 minutes of the Spies! One of the nice things about shorts is that you can always count on them to bring up every possible negative about a stock. The Patriots hoped to gain freedom from Britain, liberty, and equality by winning the war. Shouldn't you, at a minimum, audit the financials before you pay $25 million in cash, and give up 4.22 million shares ($60 million at current prices), and agree to acquire a $15 million promissory note? Use of Culper Research's ("Culper") research is at your own risk. Learn More. culper research legit Cost basis and return based on previous market day close. Law.com Compass includes access to our exclusive industry reports, combining the unmatched expertise of our analyst team with ALMs deep bench of proprietary information to provide insights that cant be found anywhere else. I bought calls just before market close yesterday lol fuck my life. to two felons and two alleged scam artists, all of whom will be free to dump their stock by August. Is this happening to you frequently? Overall, it's been ~15 years since I've seen a decent group go after microtubules in cancer. Create an account to follow your favorite communities and start taking part in conversations. Rivington's association with Culper Jr., and Jr.'s association into the New York City British social environment, clearly places them in contact and since Rivington subsequently provided the British Naval . Yes, it's horrible and I don't know what to do now. quotes delayed at least 15 minutes, all others at least 20 minutes. To make the world smarter, happier, and richer. If these claims prove accurate, LifeMD could face the wrath of lawmakers and regulators. Create an account to follow your favorite communities and start taking part in conversations. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services. The SEC logs have not been posted yet for March 2021 requests, but I will update that once they become available. How valuable are the assets if you can't trust the sales numbers? Use of Culper Research's ("Culper") research is at your own risk. The Cable Car website is down right now, but does indicate a connection to an investment partnership with the Funicular Fund. In this conversation. I like pain so I'm holding and also bought 400 more shares at $9, sitting at 2,000 shares now with a $16 cost basis, plus August calls with $15 strike that I bought just before market close yesterday. In no event should Culper or any affiliated party be liable for any direct or indirect trading losses caused by any information on this site. Blink Charging lower after short seller powers in with accusations Although we identified the historical legal concerns raised in the report, they were unrelated to the acquired businesses. https://www.law.com/thelegalintelligencer/2021/09/27/defamation-suit-against-research-company-over-alleged-short-and-distort-stock-scheme-alert-moves-to-fed-court/. Some research into Culper Research. We also invite anyone who has any information regarding the persons or entities behind Culper Research to contact the Company at the Investor Relations email address or contact number provided below. Among its raft of accusations, Culper wrote that the trial is significantly smaller than those conducted for other COVID drug candidates and demonstrated a worryingly high mortality rate. At least we have some idea what the manipulation and block-trades that drove this down from $18 to $12 were (culper & friends getting into proper short position before dropping this report). Unlimited access to The Legal Intelligencer, Access to additional free ALM publications, 1 free article* across the ALM subscription network every 30 days, Exclusive discounts on ALM events and publications. Dissecting the Xometry Stock Short Report - Nanalyze from 8 AM - 9 PM ET. At this point, the connection between all these entities and Culper is unclear, beyond the fact that Culper posted the response to Ma-Weaver/Cable Car Capital's SEC FOIA request back in December. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. BLINK $BLNK STOCK | I READ 26 PAGE CULPER RESEARCH - YouTube After they cash in on the Short, they then turn around and ride the wave back up, which happens to most companies they've done this to. Contact Us| In addition, these transactions were structured as asset purchases only and therefore the founders did not become employees of Aterian. Veru Stock Could Face Difficulties If the Culper Research Report Is True. Invest better with The Motley Fool. By the end of December, when Core filed for Chapter 11 bankruptcy, the firm's stock had plummeted by more than 98%.. Redwood Scientific Technologies (parent company of RengaLife), Danielle Cadiz (a Redwood executive since December 2016), Advanced Mens Institute Prolongz LLC (Redwoods prior company name), Run Away Products LLC (New York company used to advertise Redwood products) and, Carols Place Limited Partnership (a related asset management limited partnership, owned by the Cardiffs). Yes, it works for cancers, but it does the same to all normal tissue. As incriminating as Culper Research's report looks, LifeMD could well have ready and convincing rebuttals to these accusations. Sucks. Our Compliance bundles are curated by CLE Counselors and include current legal topics and challenges within the industry. We think that if BCII was a fully-legitimate operation, then at the least, it would be able to recruit a legitimate lawyer. In no event should Culper or any affiliated party be liable for any direct or indirect trading losses caused by any information on this site. Please disable your ad-blocker and refresh. A recent report by Culper Research contains numerous false and misleading statements about our company. To the best of our ability and belief, all information contained herein is accurate and reliable, and has been obtained from public sources we believe to be accurate and reliable, and who are not insiders or connected persons of the securities covered herein or who may otherwise owe any fiduciary duty or duty of confidentiality to the issuer. Has anyone attempted to recalculate their marketing cost per website visitor for LFMD vs HIMS. Did these scumbags have any insider information? ET after the short-selling group Culper Research published a new report criticizing the company's latest clinical trial . Lorem ipsum dolor sit amet, consectetur adipiscing elit. That is because $36 includes all of company's business lines, not just RexMD. He was the original owner of Roe Tavern in Setauket,N.Y. culper research legitmichelle fleury ancestry. Mr. Adam S. Cook is a co-founder and Chief Investment Officer at Culper Capital Partners ("CCP"). Dynamically explore and compare data on law firms, companies, individual lawyers, and industry trends. Also he was allowed to treat patients via telehealth telehealth while on probation (src). You agree that the information on this website is copyrighted, and you therefore agree not to distribute this information (whether the downloaded file, copies / images / reproductions, or the link to these files) in any manner other than by providing the following link http://www.culperresearch.com The failure of Culper to exercise or enforce any right or provision of these Terms of Service shall not constitute a waiver of this right or provision. Pretty brutal. Please declare your traffic by updating your user agent to include company specific information. These statements are based on CleanSpark's current beliefs and expectations. Culper makes no representation, express or implied, as to the accuracy, timeliness, or completeness of any such information or with regard to the results to be obtained from its use. The problem is it has just $116.1 million in cash as of Dec. 31 and is burning . Are the Short Sellers Right About Aterian? | The Motley Fool - Nasdaq Once the rate of requests has dropped below the threshold for 10 minutes, the user may resume accessing content on SEC.gov. Even more recently, yesterday April 13 actually, Culper tweeted the response from the SEC regarding a March 2021 FOIA request for information pertaining to any investigations into SOS, Ltd., $SOS. Blink claims that 'EV drivers can easily charge at any of its 15,000 charging stations,' but we estimate the Companys functional public charging station network consists of just 2,192 stations, a mere 15% of this claim.". The historical nonfiction book i read was titled "George Washington's Secret Six" and it was written by Brian Kilmeade and Don Yaeger. SALT LAKE CITY, Jan. 21, 2021 /PRNewswire/ -- CleanSpark, Inc. (Nasdaq: CLSK ), ("CleanSpark, or "the Company"), an advanced software and controls technology solutions company focused on solving . LifeMD (NASDAQ: LFMD) dropped 16% after a new short report from Culper Research. | Learn more about Christian Lamarco's work experience, education, connections & more by visiting their profile on LinkedIn Nevertheless, if somehow the FDA does give its Covid-19 vaccine a EUA, all bets are off on the stock. $10/person - click to reserve your spot! Terms of Service. Not a Bloomberg Law Subscriber?Subscribe Now. Holders of short positions trade on an expected decline in the price of a stock. Only bright sides I can see are that none of the allegations suggest that the revenue is fake, so were still talking about a company poised to do $90M in rev this year, and that management will know theyre under a microscope and should be incentivized to clean up their act. The suits defamation claims center on a Culper report and investor alerts accusing LifeMD principals of engaging in fraud at a previous company and using unlicensed doctors to dispense medications. Veru (VERU -35.98%) has found itself the target of a short-seller, and as a result the biotech company's shares took a more than 12% hit on an otherwise upbeat Monday for the wider stock market. All forward-looking statements are qualified in their entirety by this cautionary statement, which is made under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Did anyone read this? It seems clear to us that this report is an attempt by a short seller to negatively impact . Learn More. Were short sellers putting together a scam? Culper has no identity other than a webpage, with no information (no address, about us, anything - wonder why the anonymity? 1-2, 13). You should assume that Culper (possibly along with or through our members, partners, affiliates, employees, and/or consultants) along with our clients and/or investors has a position in any securities covered herein. Use of Culper Research's ("Culper") research is at your own risk. Theyre calculating that LFMD spends an average of $36 in marketing costs per webpage visitor for REXMD while HIMS spends an average of $2.14 per website visitor for its products . When typing in this field, a list of search results will appear and be automatically updated as you type. Making the world smarter, happier, and richer. Growing Mineola firm with national practice seeks associate (with 3-6 years experience) to handle complex general liability matters.Competit CASH KRUGLER & FREDERICKS LLC is Celebrating Our 20th Anniversary & Newest Partners! The apparent purpose of the Culper Research "report" is to cover or profit from the publisher's short positions in the Company, which the publisher expressly acknowledges holding in the report itself. This implies that it could end up wasting a lot of its cash if the Phase 3 clinical study is not successful in obtaining FDA EUA approval. Town square for LifeMD ($LFMD) stakeholders, Press J to jump to the feed. Further, Culper Research thinks LifeMD is engaged in fraudulent and illegal activities that are similar to those of Redwood Scientific, a company that faced severe legal penalties at the hands of . The second major issue the Culper report has with Veru is the quality of management. Research may contain forward-looking statements, estimates, projections, and opinions with respect to among other things, certain accounting, legal, and regulatory issues the issuerfaces and the potential impact of those issues on its future business, financial condition and results ofoperations, as well as more generally, the issuers anticipated operating performance, access to capitalmarkets, market conditions, assets and liabilities. We scour the stock universe for good ideas and specialize in the technology and healthcare sectors, and in special situations in all sectors. The book talks about a group of spies known as the culper spy ring. Invest better with The Motley Fool. For more information, please see the SECs Web Site Privacy and Security Policy. SOS Stock: Is it Buy the Bounce or Run Like Hell? Culper Research also notes that some of LifeMD's current executives were implicated in the Redwood scandal, either as employees of the company directly involved in these crimes or as major shareholders. Aterian (f.k.a. This is set for next Tuesday, May 10. u/wallstreetbets crowd? In reality, they are simply conspiring to drive down the prices of stocks they take short positions in. Published. Nasdaq Note: We do not offer technical support for developing or debugging scripted downloading processes. To hide from slander cases, perhaps?). culper research legit - creditsolutionexperts.com The Legal Intelligencer honors lawyers leaving a mark on the legal community in Pennsylvania with their dedication to law. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. Read the complaint here: To view this content, please continue to their sites. In the tweet thread, Culper wrote that "Veru's top ranks harbor a history of alleged sham science, failure, and misrepresentation" and are "a team of alleged frauds and failures who now tout a COVID-19 drug.". Investors should probably take this allegation with a grain of salt, as Culper Research is an anonymous outfit and the author of the report is a mystery. Copyright 2023 ALM Global, LLC. The two short-sellers claimed that SOS stock was an . For best practices on efficiently downloading information from SEC.gov, including the latest EDGAR filings, visit sec.gov/developer. "We believe that the Company has vastly exaggerated the size of its EV charging network in order to siphon money from the pockets of investors to insiders. Not really sure how to end this post, but please let me know think. However, LifeMD's shares will likely be highly volatile now that this report is out there, and I'd think twice about initiating a position in this healthcare stock anytime soon. Honestly, we are letting them win with this plummeting over-reaction. To other RS execs were laundering money (husband and wife). To the best of our ability and belief, all information contained herein is accurate and reliable, and has been obtained from public sources we believe to be accurate and reliable, and who are not insiders or connected persons of the securities covered herein or who may otherwise owe any fiduciary duty or duty of confidentiality to the issuer. By downloading from or viewing material on this website you agree to the following Terms of Service. culper research legit - zoom-content.com Thissuit was surfacedby Law.com Radar, a source for high-speed legal news and litigation updates personalized to your practice.
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