(On March 8 the company appointed Arturo Rodriguez to succeed Fabrice Hamaide in the position.) Sucks. Copyright 2023 Culper Research - All Rights Reserved. Another bright side is the short report does not have a single mention of PDFSimpli, so if all else fails and the telehealth biz goes to zero at least we have a market cap base of maybe $60-70 million for PDFSimpli lol. You agree that regardless of any statute or law to the contrary, any claim or cause of action arising out of or related to use of this website or the material herein must be filed within one (1) year after such claim or cause of action arose or be forever barred. what are you doing after this report? SALT LAKE CITY, Jan. 21, 2021 /PRNewswire/ -- CleanSpark, Inc. (Nasdaq: CLSK), (" CleanSpark, or "the . It's important to remember that there are two sides to every story. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Verified account Protected Tweets @; Suggested users Culper Research alleges that the company appears to use unlicensed doctors to dispense OTC medications. Were short sellers putting together a scam? 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. Where This Leaves Investors in Veru Stock. 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. As we all learned today, Culper and its shady supporters aim to create a veil of legitimate entities conducting research which just so happens to uncover some form of fraud/scandal/etc. Has anyone attempted to recalculate their marketing cost per website visitor for LFMD vs HIMS. Skip to Main Content. Since RexMD's founding, sales and marketing have ballooned to $20.0M in Q4 2020. The problem is this is a highly speculative play for most investors. 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. CTO Pedretti - Co-Founded Airlight Energy, Which Went Bankrupt and Faces Fraud Accusations Prior to co -founding Energy . Feel like going after another group of asshole short sellers trying to screw over us regular investors? Create an account to follow your favorite communities and start taking part in conversations. It seems clear to us that this report is an attempt by a short seller to negatively impact . The publisher of this false report is an unknown entity or group hidden behind the facade of "Culper Research," which disguises the identity of the actual author(s). 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. I do wish to raise two issues: Rivington and my background. Cost basis and return based on previous market day close. Click to reserve your spot! I'd love to hear your thoughts on what I've found below and hopefully help connect some of these dots. The most trusted brand in stock market news; Fatest intelligence & alerts; Active trader chat rooms; Option trade alerts; Only comprehensive mobile notifications solution 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 . We think that if BCII was a fully-legitimate operation, then at the least, it would be able to recruit a legitimate lawyer. Criminal Allegations, and an ICO Scam . 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. The publisher of this false . However, such information is presented as is, without warranty of any kind whether express or implied. 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. The Motley Fool has no position in any of the stocks mentioned. 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. 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). 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. LFMD execs were not involved, and left the company. The Xometry Short Report. To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. Treace Medical Concepts (TMCI) dropped 17% after a new short report from Culper Research.Culper Research says it's short the stock.Treace Medical (TMCI) didn't immediately return. 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. To make the world smarter, happier, and richer. Your article was successfully shared with the contacts you provided. For that matter, changing the name of your company a week before a short attack might make people nervous, too. Why would the block trades be significantly lower than current stock price at the time? With this subscription you will receive unlimited access to high quality, online, on-demand premium content from well-respected faculty in the legal industry. In this conversation. lifeguard air ambulance new mexico hassan has plastic surgery hassan has plastic surgery The rather eclectic biotech -- it has a female contraceptive product, FC2, on the market, and is developing cancer drugs -- has attracted much interest because of the apparently promising sabizabulin. No LFMD executives were charged. 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. 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. And 9380 has actually been buying more stock in Aterian since it was acquired by the company. And changing your chief financial officer in the midst of this doesn't exactly reassure. Yes, the two executives were at Redwood Scientific. Learn More. Culper alleges that Core Scientific "wildly oversold" both its mining and hosting business. Our 3 Top Picks. The opinions expressed in this article are those of the writer, subject to theInvestorPlace.comPublishing Guidelines. I'm hoping one of you all much smarter people could help here and maybe start to connect some of these dots to pull down the veil a bit from these shady scumbags. This research guide has detailed information about the university's two Washington letters and provides pathways to research materials on the spy ring. On Friday, Hindenburg Research and Culper Research released scathing reports on SOS Ltd (NYSE: SOS ), a Chinese cryptocurrency mining company. 1-2, 13). Clickhereto get started and be first to know about new suits in your region, practice area or client sector. Your request has been identified as part of a network of automated tools outside of the acceptable policy and will be managed until action is taken to declare your traffic. That's what happened to the shorts in the Gamestopfrenzy earlier this year. By the end of December, when Core filed for Chapter 11 bankruptcy, the firm's stock had plummeted by more than 98%.. The Motley Fool has no position in any of the stocks mentioned. 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.". LexisNexis and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information. Toggle Navigation Hindenburg Research. 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. They have a financial motivation for doing so -- they want the stock price to go down. best hunting game for oculus quest 2 culper research legit. Credit Solution Experts Incorporated offers quality business credit building services, which includes an easy step-by-step system designed for helping clients build their business credit effortlessly. Our Team Account subscription service is for legal teams of four or more attorneys. Press question mark to learn the rest of the keyboard shortcuts. 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. Our focus was and continues to be on acquiring high performing businesses that offer opportunities for growth. Use of Culper Research's ("Culper") research is at your own risk. By using this site, you are agreeing to security monitoring and auditing. 1125 N. Charles St, Baltimore, MD 21201. 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. Law.com Radar publishes daily updates on just-filed federal cases like this one. Nevertheless, if somehow the FDA does give its Covid-19 vaccine a EUA, all bets are off on the stock. We look for stocks with the potential for big moves in the near future up or down. The allegations the firm makes are of a nature that most potential investors in Veru stock are likely to read. 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. CLEANSPARK INVESTIGATING SHORT SELLER CULPER RESEARCH . It looks very bad . In reality, they are simply conspiring to drive down the prices of stocks they take short positions in. We conduct extensive financial, legal, and other due diligence, including background checks, on our targets. 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. What Is the Best EV Stock to Buy Now? A quick scroll through Culper's website yields very little in the way of personnel or address. 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. Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. On November 15, 2022, Culper Research published a short report on Treace (the "Culper Report"). That's $100 million you paid. Customer Service| Overall, it's been ~15 years since I've seen a decent group go after microtubules in cancer. 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. Prosper Junior Bakiny has no position in any of the stocks mentioned. TICKETED EVENTS on Culper Spy Day. Spying is a secret business and thus research into it is most difficult. So the names of the defendants in the lawsuit against Redwood were as follows. 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. Docent led tours every 30 minutes of the Spies! Veru Stock Could Face Difficulties If the Culper Research Report Is True. 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." WOW Very BOLD and INTENSE claims made by Culper Research about Blink Charging Fraud!! According to documents Aterian filed with the SEC on April 29, 9380 Macarthur does indeed own almost 5 million shares, or 16.2% of the company. 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.". Culper has no identity other than a webpage, with no information (no address, about us, anything - wonder why the anonymity? Is This Warren Buffett Stock a Buy After Its Dividend Boost? Will Aterian stock recover from this short attack? What Joseph L. Rini Knows, Attorney Rachel Y. Marshall A Pillar of Strength for the Community, SpotDraft Raises $26 Million in Series A Funding for AI-Powered Legal Software. . Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services. According to Culper, Aterian acquired the e-commerce brands Mueller, Pursteam, Pohl and Schmitt, and Spiralizer (the "Smash assets") from a convicted felon. Cost basis and return based on previous market day close. The Motley Fool recommends Aterian, Inc. Did they not look into this and see all this??? More importantly, I want to know why the stock went from $18 to $12 between the earnings and the short report. Use of Culper Research's ("Culper") research is at your own risk. The tweet indicated there were two requests submitted; one in May 2020 and another in September 2020. The case is 2:21-cv-01273, Lifemd, Inc et al v. Lamarco et al. 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 modern energy challenges, has become aware of a report making false accusations against CleanSpark and its officers. Aterian issued a press release to respond to the short attack. 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. Here's what the company said in part. For more information, contact opendata@sec.gov. Although we identified the historical legal concerns raised in the report, they were unrelated to the acquired businesses. On the other hand, shorts are always future buyers of your stock. I've never heard of an ad $ per website visit metric before and am not really sure it's value in any case. Making the world smarter, happier, and richer. 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. Meanwhile, almost six months after the acquisition, the audit has finally been completed, and Aterian finally filed its (late) numbers with the SEC on May 14. Aterian (f.k.a. This suit was surfaced by Law.com Radar. CleanSpark cautions you that statements in this press release that are not a description of historical facts are forward-looking statements. 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. Taylor Carmichael has no position in any of the stocks mentioned. *Average returns of all recommendations since inception. 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. In addition, these transactions were structured as asset purchases only and therefore the founders did not become employees of Aterian. Sometimes when there is "blood in the water" other shorts will jump in as well. 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 . Blink Charging (NASDAQ: BLNK) trades lower after short seller Culper Research calls the company a scheme to pillage minority investors to the benefit of insiders. "Tomorrow's report features two felons, two alleged scam artists, a CEO with a failed crypto hustle, and what we think is a wildly overhyped, deteriorating business facing existential risk." That request was submitted in December 2020 and according to the SEC FOIA request logs, was done so by a Jeff Bourland linkedin on behalf of an unknown entity, perhaps the "Family Office" listed on his Linkedin. On the other hand, the stock dropped 25% . The industry-leading media platform offering competitive intelligence to prepare for today and anticipate opportunities for future success. The report lists numerous ethical, integrity, and past performance issues with the key personnel running the company. The two short-sellers claimed that SOS stock was an . LFMD responded to short report, denying the claims and will report something in detail soon. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Current guidelines limit users to a total of no more than 10 requests per second, regardless of the number of machines used to submit requests. VERU stock remains an extremely risky bet today. On the other hand, the stock dropped 25% last week and the company felt the need to respond to the allegation. In 5 minutes of searching, you can see they take partial truths and exaggerate them. We reserve the right to block IP addresses that submit excessive requests. Invest better with The Motley Fool. CleanSpark, Inc. Investor Relations(801) 244-4405[emailprotected], Cision Distribution 888-776-0942 Veru 's ( VERU -0.17%) stock dipped by 5.5% on Friday as of 10:49 a.m. Copyright 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. Between the Hindenburg "Report" (a series of tweets), some firm called Culper Research (who seems to have a mediocre track record), and multiple YouTube videos, investors have a lot to consider. An immediate avalanche of selling started at the open of the 6th, suggesting that news of the basket trial was a bad thing. Please. 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. The historical nonfiction book i read was titled "George Washington's Secret Six" and it was written by Brian Kilmeade and Don Yaeger. 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.
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