Press question mark to learn the rest of the keyboard shortcuts. Copyright That short-seller didn't mince words about its concerns with the company, which clearly left investors quite spooked about its future. Culper Spy Ring Research Paper Intelligence provided by the Culper Spy Ring was instrumental in the defeat of the British during the Revolutionary War. I'd love to hear your thoughts on what I've found below and hopefully help connect some of these dots. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. The company generated about $23,100 in revenue for the first half of 2021. Home; About us; Contact us; Twitter Seeking Alpha Stocktwits; . The Culper Ring During The Revolutionary War | ipl.org 1001 and 1030). These statements are based on CleanSpark's current beliefs and expectations. For best practices on efficiently downloading information from SEC.gov, including the latest EDGAR filings, visit sec.gov/developer. We scour the stock universe for good ideas and specialize in the technology and healthcare sectors, and in special situations in all sectors. 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. culper research legit Five days later, the short report came public. Apparently, this was not the case . Target Stock is Down Nearly 40% From Its High. Invest better with The Motley Fool. 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 two short-sellers claimed that SOS stock was an . When typing in this field, a list of search results will appear and be automatically updated as you type. The points Culper makes are quite compelling and raise substantial questions about the history of the CEO, Mitchell Steiner, and the EVP of Clinical Affairs, Robert Getzenberg. Does someone more knowledgeable than me have any insight into these numbers ? So let's take a look at what Culper is saying about Aterian. 10 czerwca 2022 Did these scumbags have any insider information? Miracle Cures and Murder For Hire: How A Spoon-Bending Turkish Magician Built A $600 Million Nasdaq-Listed Scam Based On A Lifetime Of Lies. 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. No LFMD executives were charged. Has anyone attempted to recalculate their marketing cost per website visitor for LFMD vs HIMS. $10/person - click to reserve your spot! I did some deeper digging though using SEC FOIA request logs and Culper's own posts on twitter in an attempt to pull back the curtain a bit. This cant be right ? 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. culper research legitsan juan airport restaurants hours. Culper Research alleges that the company appears to use unlicensed doctors to dispense OTC medications. 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. ET after the short-selling group Culper Research published a new report criticizing the company's latest clinical trial . 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 . 2023 InvestorPlace Media, LLC. PDF Disclaimer - IA Rugby.com I bought this stock after Citron recommended it. Some research into Culper Research. All expressions of opinion are subject to change without notice, and Culper does not undertake to update or supplement this report or any of the information contained herein. Holders of short positions trade on an expected decline in the price of a stock. Tickets are limited. This is set for next Tuesday, May 10. About Us| The Culper Report expressed the "view that Treace's primary innovation has not been in any sort of . That is because $36 includes all of company's business lines, not just RexMD. Create an account to follow your favorite communities and start taking part in conversations. LFMD responded to short report, denying the claims and will report something in detail soon. Veru Stock Could Face Difficulties If the Culper Research Report Is True. 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. The Company also owns and operates a fleet of over 3,400 ASIC (application-specific integrated circuit) Bitcoin miners producing over 200 PH/s in mining capacity. On Friday, Hindenburg Research and Culper Research released scathing reports on SOS Ltd (NYSE: SOS ), a Chinese cryptocurrency mining company. Feel like going after another group of asshole short sellers trying to screw over us regular investors? from 8 AM - 9 PM ET. 5 Hypergrowth Stocks With 10X Potential in 2023, Robert Bollinger: Meet the Man Behind Mullens Push Into Commercial EVs, A.I. Veru has a market capitalization of $750 million at $8.46 as of May 6. culper research legit - zoom-content.com Culper also . CleanSpark Investigating Short Seller Culper Research. Veru has a market capitalization of $750 million at $8.46 as of May 6. CleanSpark cautions you that statements in this press release that are not a description of historical facts are forward-looking statements. Law.com Compass delivers you the full scope of information, from the rankings of the Am Law 200 and NLJ 500 to intricate details and comparisons of firms financials, staffing, clients, news and events. Honestly, we are letting them win with this plummeting over-reaction. Hindenburg Research - Investigative Research & Reporting Treace Shareholder Action Reminder - Treace Medical Concepts (NASDAQ Law360 (September 20, 2021, 7:52 PM EDT) -- A negative report from stock research firm Culper Research about telehealth company LifeMD Inc. was part of a "short and distort" stock scheme to defame . While the short report is lengthy, here is part of what Culper said. The Legal Intelligencer honors lawyers leaving a mark on the legal community in Pennsylvania with their dedication to law. On November 15, 2022, Culper Research published a short report on Treace (the "Culper Report"). "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. The complaint, over an alleged short-and-distort stock scheme, was filed by Gordon Rees Scully Mansukhani on behalf of LifeMD Inc., CEO Justin Schreiber and CTO Stefan Galluppi. By using this site, you are agreeing to security monitoring and auditing. VERU stock remains an extremely risky bet today. I took a deep look into the Culper Research short report and this is what I found.Culper Research short report on Core Scientifichttps://img1.wsimg.com/blobb. Cost basis and return based on previous market day close. Home - George Washington and the Culper Spy Ring - Research & Subject Veru 's ( VERU -0.17%) stock dipped by 5.5% on Friday as of 10:49 a.m. u/wallstreetbets crowd? 1125 N. Charles St, Baltimore, MD 21201. Value oriented and event driven investor. By downloading from or viewing material on this website you agree to the following Terms of Service. *Average returns of all recommendations since inception. The second major issue the Culper report has with Veru is the quality of management. CleanSpark plans to apply its technologies with a goal of mining bitcoins at the lowest energy prices in the United States. For some reason, Jacob appears to be very opposed to crypto which may tie in to Culper's short attacks on $SOS, but that is pure speculation on my part. Mariner Research Group - Deep research in a shallow world License our industry-leading legal content to extend your thought leadership and build your brand. How valuable are the assets if you can't trust the sales numbers? On Wall Street, H.C. Wainwright dropped Blink Charging to a Neutral rating from Buy last week on a valuation call that did not allude to any wrongdoing at the company.. That could potentially be a turning point for Veru stock. Aterian (f.k.a. The industry-leading media platform offering competitive intelligence to prepare for today and anticipate opportunities for future success. Also, apparently, most of the patients in the study were outside of the U.S. Core Scientific Short report by Culper research Deep Dive The inclusion of forward-looking statements should not be regarded as a representation by CleanSpark that any of our plans will be achieved. Link to CULPER RESEARCH https://img1.wsimg.com/blobby/go/cc91fda7-4669-. However, such information is presented as is, without warranty of any kind whether express or implied. CleanSpark Investigating Short Seller Culper Research - PR Newswire https://www.google.com/amp/s/seekingalpha.com/amp/news/3681732-lifemd-falls-after-new-short-call-from-culper-research. The Austin-based company went public on the Nasdaq via a special purpose acquisition vehicle, or SPAC, in January 2022. To make the world smarter, happier, and richer. Published on June 1, 2022 June 3, 2022. The Culper Research report was also cited in a November 2022 class action lawsuit, which alleged that Core Scientific failed to disclose a series of adverse . Culper on Twitter: "Tomorrow's report features two felons, two alleged Our second option allows you to build your bundle and strategically select the content that pertains to your needs. Yes and no. 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, possess accounting irregularities, or otherwise deceived investors," published a blistering report on its short position in Veru. Reference ID: 0.9d8f1402.1677945178.3b82c472. Research is not investment advice nor a recommendation or solicitation to buy securities. Dont listen to shitron in the first place, that guy is the worst, Did some research, seems like Dr Badii is no longer with RexMD. Will Aterian stock recover from this short attack? PDF Disclaimer - IA Rugby.com Use of Culper Research's("Culper") research is at your own risk. Not a Bloomberg Law Subscriber?Subscribe Now. Picture this: Benedict Arnold, one of the United State's (U.S.) most infamous traitors and John Andre are successful in conspiring to attack West Point in 1780 ("The Culper Spy Ring," 2010). CleanSpark Investigates Anonymous Short Seller. The publication of the report and the tweet thread come hot on the heels of the news that the Food and Drug Administration (FDA) has set a pre-Emergency Use Authorization (EUA) meeting date to discuss that phase 3 study data. The Patriots hoped to gain freedom from Britain, liberty, and equality by winning the war. Veru drops after Culper Research releases a follow up short report 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. 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. The report lists numerous ethical, integrity, and past performance issues with the key personnel running the company. Kick the day off with a 9:00 a.m. walking tour led by Tri-Spy Tours! Just another manipulative scare tactic that I wouldn't be surprised if they use against LifeMD next. A quick scroll through Culper's website yields very little in the way of personnel or address. In December 2020, Aterian purchased 9380 Macarthur LLC ("the Smash Assets") from (a) convicted felonwho also appears to be late on $4.1 million of taxes to the State of California. It is very clear that one of their tactics is to submit FOIA requests for information regarding investigations into companies they are attacking, which if you know the Freedom of Information Act, is information that would never be released to the public. Defamation Suit Against Research Company Over Alleged 'Short-and Learn More. At just 150 patients, the trial is a . Accounting issues always cause stress for investors. On the other hand, the stock dropped 25% last week and the company felt the need to respond to the allegation. Cost basis and return based on previous market day close. This suit was surfaced by Law.com Radar. The researcher is also highly unimpressed with the executives guiding the company. TICKETED EVENTS on Culper Spy Day. Not only has Aterian has not disclosed that its largest acquisition was from a felon who served prison time, but despite 5 elapsed months, the Company has failed to provide audited financials for the Smash Assets, leaving its S-3 shelf filing ineligible. This response seems to concede that the company acquired the business from somebody convicted of crimes ("we identified the historical legal concerns raised in the report"), but that it judged the information irrelevant ("unrelated to the acquired businesses"). 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 . All Rights Reserved. In its report, Culper Research makes a series of claims concerning LifeMD, its executives, and its operations which, if true, could be devastating to the healthcare company and its shareholders. For security purposes, and to ensure that the public service remains available to users, this government computer system employs programs to monitor network traffic to identify unauthorized attempts to upload or change information or to otherwise cause damage, including attempts to deny service to users. Culper describes Xometry as "an increasingly commoditized middleman for engineers and tinkerers seeking prototyping and small run parts," a description that matches our recent piece on Distributed Manufacturing - A Case Study Unfolding. Once the rate of requests has dropped below the threshold for 10 minutes, the user may resume accessing content on SEC.gov. 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. Not really sure how to end this post, but please let me know think. what are you doing after this report? This research guide has detailed information about the university's two Washington letters and provides pathways to research materials on the spy ring. 1125 N. Charles St, Baltimore, MD 21201. 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. They have a financial motivation for doing so -- they want the stock price to go down. Culperspyday Tri-Spy Tours The Motley Fool has no position in any of the stocks mentioned. 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 U.S. Federal Trade Commission (FTC) back in 2018. He was the original owner of Roe Tavern in Setauket,N.Y. 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. On May 4, an anonymous short seller, "Culper Research," launched an attack on Aterian (ATER), a company that uses artificial intelligence to find, acquire, and launch popular consumer goods businesses. Yes, it's horrible and I don't know what to do now. Veru has sales revenue from other medical assets it owns. Through its wholly owned subsidiary ATL Data Centers LLC, CleanSpark owns and operates a data center that provides customers with traditional on-site and cloud-based data center services. Copyright 2023 ALM Global, LLC. 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. Culper on Twitter By downloading from or viewing material on this website you agree to the following Terms of Service. But it burnt through almost $9 million in free cash flow (FCF) during its latest quarter ending Dec. 31., according to its 10-Q filing. To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. The report . 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. Invest better with The Motley Fool. Down 94%, Is Carvana Stock a Buy-the-Dip Opportunity? WOW Very BOLD and INTENSE claims made by Culper Research about Blink Charging Fraud!! Thissuit was surfacedby Law.com Radar, a source for high-speed legal news and litigation updates personalized to your practice. To put bluntly the research report implies that Verus Phase 3 study is not likely to succeed in helping VERU-111 obtain a EUA. 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 company did not report any news, but these losses are a result of a short-seller report issued by investigative research firm Culper Research. The publisher of this false . Culper Short Report : r/LFMD - reddit I think the only scary about the report is that some executives at LifeMD, used to work at Redwood Scientific, which was shut down by FTC upon fraud. 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. VERU Stock Could Face Difficulties If the Culper Research Report Is Such statements, estimates, projections and opinionsmay prove to be substantially inaccurate and are inherently subject to significant risks and uncertaintiesbeyond Culper's control. lifeguard air ambulance new mexico hassan has plastic surgery hassan has plastic surgery 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. Investors could turn away from the company in droves if the researcher's allegations have merit, however. The members of the culper spy ring are an excellent example of the ordinary people that risked their lives to create . Copyright 2023 InvestorPlace Media, LLC. According to Culper, Aterian acquired the e-commerce brands Mueller, Pursteam, Pohl and Schmitt, and Spiralizer (the "Smash assets") from a convicted felon. All expressions of opinion are subject to change without notice, and Culper does not undertake to update or supplement this report or any of the information contained herein. The Motley Fool has no position in any of the stocks mentioned. We think that if BCII was a fully-legitimate operation, then at the least, it would be able to recruit a legitimate lawyer. Yes, in the short term, a short attack on a small cap will often send shares down, and Aterian's stock has dropped 35% since the report came out. 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 . 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. LifeMD falls after new short call from Culper Research
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