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. CleanSpark, Inc. Investor Relations(801) 244-4405[emailprotected], Cision Distribution 888-776-0942 By the end of December, when Core filed for Chapter 11 bankruptcy, the firm's stock had plummeted by more than 98%.. He was the original owner of Roe Tavern in Setauket,N.Y. Culper is an anonymous short-seller that refuses to disclose the individuals or entities behind it. Just another manipulative scare tactic that I wouldn't be surprised if they use against LifeMD next. 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. 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. We think that if BCII was a fully-legitimate operation, then at the least, it would be able to recruit a legitimate lawyer. 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. Skip to Main Content. 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. Has anyone attempted to recalculate their marketing cost per website visitor for LFMD vs HIMS. Federal Judge: Lancaster Investment Firm, Executives Must Pay $2M in Civil Penalties, Restitution, Special Master in MoneyGram Feud at SCOTUS Has Surprise Change of Mind, In Jackson's First Majority Opinion, SCOTUS Curbs Delaware's Collection of Unclaimed Property, Class Action Accusing BOA of Inadequate Notice Before Reposessions Hits Federal Court, Law.com Editors and Analysts Offer Top Trends to Watch for 2023. Clickhereto get started and be first to know about new suits in your region, practice area or client sector. More recently, Culper tweeted the response from SEC on a FOIA request for records pertaining to any investigations into OrthoPediatrics Corp., $KIDS. 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. 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. Here's what the company said in part. Making the world smarter, happier, and richer. 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. All Rights Reserved. An immediate avalanche of selling started at the open of the 6th, suggesting that news of the basket trial was a bad thing. If you can't trust management, or its numbers, you really shouldn't be in a stock. Both options are priced the same. 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. 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. Nevertheless, if somehow the FDA does give its Covid-19 vaccine a EUA, all bets are off on the stock. LifeMD (NASDAQ: LFMD) dropped 16% after a new short report from Culper Research. By using this site, you are agreeing to security monitoring and auditing. 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. Women, Influence & Power in Law UK Awards 2023, Legalweek Leaders in Tech Law Awards 2023, WORKERS COMPENSATION ATTORNEY - Hartford, CT, Offering an Opportunity of a Lifetime for Personal Injury Lawyers, What Does Your Business Agreement Really Mean? We have a suite of software solutions that provide end-to-end microgrid energy modeling, energy market communications, and energy management solutions. It seems clear to us that this report is an attempt by a short seller to negatively impact . Criminal Allegations, and an ICO Scam . $10/person - click to reserve your spot! 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. Terms of Service. More importantly, I want to know why the stock went from $18 to $12 between the earnings and the short report. culper research legitmichelle fleury ancestry. CleanSpark, Inc., a Nevada corporation, is in the business of providing advanced software and controls technology solutions to solve modern energy challenges. Youre reading a free article with opinions that may differ from The Motley Fools Premium Investing Services. 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. In no event should Culper or any affiliated party be liable for any direct or indirect trading losses caused by any . Pretty brutal. When typing in this field, a list of search results will appear and be automatically updated as you type. 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! 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. And 9380 has actually been buying more stock in Aterian since it was acquired by the company. Yes and no. Our 3 Top Picks. Copyright 2023 InvestorPlace Media, LLC. Are u selling or still holding? 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. For more information, please see the SECs Web Site Privacy and Security Policy. Feel like going after another group of asshole short sellers trying to screw over us regular investors? 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. Sucks. A company that relies on acquisitions to make its revenue go up can be hiding a sales deterioration in the existing business. Getting The Talent Balance Right: From Layoffs to Laterals to Mergers, How Can Firms Staff for Success? The researcher is also highly unimpressed with the executives guiding the company. The Xometry Short Report. 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. 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 . These statements are based on CleanSpark's current beliefs and expectations. CleanSpark cautions you that statements in this press release that are not a description of historical facts are forward-looking statements. Core Scientific (NASDAQ: CORZ) fell 3.8% after a new short report from Culper Research. 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. This is set for next Tuesday, May 10. Did anyone read this? Honestly, we are letting them win with this plummeting over-reaction. On April 29, the company rebranded from Mohawk Group Holdings to Aterian. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services. Mark Hake writes about personal finance on mrhake.medium.com, Newsbreak.com and Beehiiv.com. 1001 and 1030). Aterian (f.k.a. 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. Create an account to follow your favorite communities and start taking part in conversations. 2023 InvestorPlace Media, LLC. 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). 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. SALT LAKE CITY, Jan. 21, 2021 /PRNewswire/ -- CleanSpark, Inc. (Nasdaq: CLSK), (" CleanSpark, or "the . To ensure our website performs well for all users, the SEC monitors the frequency of requests for SEC.gov content to ensure automated searches do not impact the ability of others to access SEC.gov content. 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 . what are you doing after this report? best hunting game for oculus quest 2 culper research legit. Article printed from InvestorPlace Media, https://investorplace.com/2022/05/veru-stock-could-face-difficulties-if-the-culper-research-report-is-true/. The Culper Report expressed the "view that Treace's primary innovation has not been in any sort of . The Motley Fool has no position in any of the stocks mentioned. Contact Us| The opinions expressed in this article are those of the writer, subject to theInvestorPlace.comPublishing Guidelines. Managing Partner, Chief Investment Officer. With this subscription you will receive unlimited access to high quality, online, on-demand premium content from well-respected faculty in the legal industry. Reddit and its partners use cookies and similar technologies to provide you with a better experience. The report seems to imply that Veru will be another failure just like other drug companies the management has run. 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. For questions call 1-877-256-2472 or contact us at [emailprotected], Shearman and Hogan Lovells Call Off Merger Talks, Early Reports: 2023 Am Law 200 Financials, Beyond Excess Capacity, Pooled Services and Automation Expedite Staff Layoffs, Dozens of Law Firms Grew Their Equity Partner Tier, Even as Profits and Demand Plummeted. Significant to regional and national historical narratives, SBU's letters were authored in 1779 and 1780 and document espionage activities in the Three Village area of Long Island, New York, the . These activities include "unlawful autoshipping, abusive telemarketing, and false claims of its products." 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. On Friday, Hindenburg Research and Culper Research released scathing reports on SOS Ltd (NYSE: SOS ), a Chinese cryptocurrency mining company. But there are some warning signs here. For instance, Culper Research alleges that LifeMD presents misleading information regarding its network of doctors and even uses unlicensed professionals "to dispense OTC medication.". VERU stock remains an extremely risky bet today. 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. Where This Leaves Investors in Veru Stock. *Average returns of all recommendations since inception. The Motley Fool recommends Aterian, Inc. Research is not investment advice nor a recommendation or solicitation to buy securities. 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. By downloading from or viewing material on this website you agree to the following Terms of Service. The industry-leading media platform offering competitive intelligence to prepare for today and anticipate opportunities for future success. But that attitude raises a few questions. Alpilean creator (Zach Miller) and medical research editor (Dr. Matthew Gibbs) medically concluded that the longest-lived people on the planet use a "secret trick" on the Alpine ice every night. A quick scroll through Culper's website yields very little in the way of personnel or address. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services. 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 . Theres even room for more lines. Looking at the relevant FOIA request logs on the SEC website suggests an individual named Jacob Ma-Weaver twitter linkedin acting on behalf of what appears to be his short-selling fund Cable Car Capital LLC. In reality, they are simply conspiring to drive down the prices of stocks they take short positions in. Short-sellers Hindenburg Research and Culper Research said on Friday they have taken a short position on Chinese blockchain firm SOS Ltd's stock, sending the company's shares down 23%. I do wish to raise two issues: Rivington and my background. Click to reserve your spot! Learn More. To hide from slander cases, perhaps?). Also, apparently, most of the patients in the study were outside of the U.S. Copyright 2023 ALM Global, LLC. 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. To put bluntly the research report implies that Verus Phase 3 study is not likely to succeed in helping VERU-111 obtain a EUA. 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. Town square for LifeMD ($LFMD) stakeholders, Press J to jump to the feed. 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. 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. 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. The members of the culper spy ring are an excellent example of the ordinary people that risked their lives to create . Target Stock is Down Nearly 40% From Its High. 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. The book talks about a group of spies known as the culper spy ring. Dynamically explore and compare data on law firms, companies, individual lawyers, and industry trends. Culper alleges that Core Scientific "wildly oversold" both its mining and hosting business. In 5 minutes of searching, you can see they take partial truths and exaggerate them. According to Culper, Aterian acquired the e-commerce brands Mueller, Pursteam, Pohl and Schmitt, and Spiralizer (the "Smash assets") from a convicted felon. For example, if it has to redesign the study and start from scratch the costs could go up. If you have an ad-blocker enabled you may be blocked from proceeding. Investors could turn away from the company in droves if the researcher's allegations have merit, however. In reality, they are simply conspiring to drive down the prices of stocks they take short positions in. Site Map, Advertise| Guys, this is a classic short attack. 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. Shares of healthcare services provider LifeMD (LFMD 1.68%) are plunging on Wednesday and were down by 22.3% as of 3:45 p.m. EDT. So let's take a look at what Culper is saying about Aterian. If these claims prove accurate, LifeMD could face the wrath of lawmakers and regulators. Such holders only profit on such positions when the stock declines and incur potentially unlimited losses if the price does not decline. About Us| 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. The Motley Fool has a disclosure policy. 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. In no event should Culper or any affiliated party be liable for any direct or indirect trading losses caused by any . The Culper Spy Rings was a spy network started by George Washington to get information about the British, during the Revolutionary War. Copyright 2023 Culper Research - All Rights Reserved. Such statements, estimates, projections and opinionsmay prove to be substantially inaccurate and are inherently subject to significant risks and uncertaintiesbeyond Culper's control. On the other hand, shorts are always future buyers of your stock. . 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.



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