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831 Words4 Pages. Is This Warren Buffett Stock a Buy After Its Dividend Boost? culper research legit 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. 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. CTO Pedretti - Co-Founded Airlight Energy, Which Went Bankrupt and Faces Fraud Accusations Prior to co -founding Energy . 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. SEC.gov | HOME Law.com Radar publishes daily updates on just-filed federal cases like this one. The SEC logs have not been posted yet for March 2021 requests, but I will update that once they become available. Culper also . Culper on Twitter Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American, CleanSpark Reports First Quarter FY2023 Financial Results, CleanSpark Reports Fourth Quarter and Year End FY2022 Financial Results. 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. Dynamically explore and compare data on law firms, companies, individual lawyers, and industry trends. Veru 's ( VERU -0.17%) stock dipped by 5.5% on Friday as of 10:49 a.m. For best practices on efficiently downloading information from SEC.gov, including the latest EDGAR filings, visit sec.gov/developer. Thus, we assign the incremental $18.0M to RexMD. About Us. Taylor Carmichael has no position in any of the stocks mentioned. 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. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Jan 21, 2021 1:53PM EST. Customer Service| The Motley Fool has no position in any of the stocks mentioned. When typing in this field, a list of search results will appear and be automatically updated as you type. 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%. Culper on Twitter: "Tomorrow's report features two felons, two alleged 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. Capacity is expected to increase to over 300 PH/s in mining capacity by early 2021. 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 . For example, the Culper Research report alleges the entire February 2020 acquisition of p2k Labs, Inc. is "another undisclosed related party transaction, as CleanSpark's CFO Lori Love is found . CleanSpark, Inc. Investor Relations(801) 244-4405[emailprotected], Cision Distribution 888-776-0942 Holders of short positions trade on an expected decline in the price of a stock. 2023 InvestorPlace Media, LLC. 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. Were short sellers putting together a scam? Research Materials about George Washington, the Culper Spy Ring, and the American Revolutionary War. The Legal Intelligencer honors lawyers leaving a mark on the legal community in Pennsylvania with their dedication to law. 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. An immediate avalanche of selling started at the open of the 6th, suggesting that news of the basket trial was a bad thing. We reserve the right to block IP addresses that submit excessive requests. It is our view that the Oklahoma revenue opportunity is just 1/28 th (1.6MM/45MM) of or 96% lower than what Berman intimated during the investor presentation.. REKR's first quarter 2021 earnings corroborate our view. 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. Treace Investor Alert - Treace Medical Concepts (NASDAQ:TMCI) It stinks like a skunk to me, but Im not smart. Also, did you notice that there are now at least half a dozen law firms trolling for members to a class action lawsuit against Life? Invest better with The Motley Fool. Mariner Research Group - Deep research in a shallow world 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. Just went through LifeMD's annual report and they don't break down marketing expenses per business line. CleanSpark cautions you that statements in this press release that are not a description of historical facts are forward-looking statements. 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. Youre reading a free article with opinions that may differ from The Motley Fools Premium Investing Services. quotes delayed at least 15 minutes, all others at least 20 minutes. That is because $36 includes all of company's business lines, not just RexMD. Learn More. In no event should Culper or any affiliated party be liable for any direct or indirect trading losses caused by any . Research is not investment advice nor a recommendation or solicitation to buy securities. CleanSpark Investigating Short Seller Culper Research - PR Newswire Alpilean Reviews 2023 - Scam or Legit (Update Alpilean Supplement 2023 On December 3, 2020, Culper tweeted regarding a FOIA request for information from SEC on any investigations into a company called CytoDyn $CYDY. All Rights Reserved. I've never heard of an ad $ per website visit metric before and am not really sure it's value in any case. Culper has no identity other than a webpage, with no information (no address, about us, anything - wonder why the anonymity? Veru has a market capitalization of $750 million at $8.46 as of May 6. On the other hand, the stock dropped 25% . 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. Youre reading a free article with opinions that may differ from The Motley Fools Premium Investing Services. 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. Our second option allows you to build your bundle and strategically select the content that pertains to your needs. 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 report points out two major issues: first, the Phase 3 Covid-19 study contains glaring issues, compounded by management misrepresentations.. The Culper Spy Ring was assembled in 1778 by Major Benjamin Tallmadge (alias, John Bolton/721) at the request of General George Washington (711) and operated on Long Island (728) and New York City (727) during the . 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 . 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). Does someone more knowledgeable than me have any insight into these numbers ? (On March 8 the company appointed Arturo Rodriguez to succeed Fabrice Hamaide in the position.) Lawsuit filed for Investors in shares of SOS Limited (NYSE: SOS) Accounting issues always cause stress for investors. The Xometry Short Report. The problem is this is a highly speculative play for most investors. George Washington's Secret Six By Brian Kilmeade | ipl.org For accurate information about the Company, Shareholders should refer to the Company's disclosure documents filed with U.S. Securities and Exchange Commission, which are available online under the Company's EDGAR profile atwww.sec.govor on the Investor Relations tab of the Company's website atwww.CleanSpark.com. The Cable Car website is down right now, but does indicate a connection to an investment partnership with the Funicular Fund. Tickets are limited. The industry-leading media platform offering competitive intelligence to prepare for today and anticipate opportunities for future success. Veru drops after Culper Research releases a follow up short report 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. LifeMD falls after new short call from Culper Research In reality, they are simply conspiring to drive down the prices of stocks they take short positions in. 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.". Overall, it's been ~15 years since I've seen a decent group go after microtubules in cancer. 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. That could potentially be a turning point for Veru stock. CleanSpark Investigating Short Seller Culper Research. Adam s cook | Culper Capital Partners 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. I'd love to hear your thoughts on what I've found below and hopefully help connect some of these dots. 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.". This is set for next Tuesday, May 10. 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. Time to Buy? We are aware that litigation premised on the so-called "Culper Report" has been filed and that plaintiff's firms are trolling for additional shareholders. For most investors the likely risks, as outlined by the Culper Research article, probably outweigh the potential upside in Veru stock. 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. CleanSpark Investigating Short Seller Culper Research | Nasdaq https://www.google.com/amp/s/seekingalpha.com/amp/news/3681732-lifemd-falls-after-new-short-call-from-culper-research. This makes them biased, of course, but no more biased than the shareholders who want the stock to go up. 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 . Guys, this is a classic short attack. Cost basis and return based on previous market day close. In this conversation. Culperspyday Tri-Spy Tours culper research legitmichelle fleury ancestry. 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. Eric Volkman has no position in any of the stocks mentioned. Agreed, this is pretty shitty but have to wait for the response. But there are some warning signs here. 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." By downloading from or viewing material on this website you agree to the following Terms of Service. It looks very bad . $3.6MM ADDITIONAL, PREVIOUSLY CONCEALED, RELATED PARTY - Yahoo! 1125 N. Charles St, Baltimore, MD 21201. Since RexMD's founding, sales and marketing have ballooned to $20.0M in Q4 2020. Telehealth Co. Accuses Short Sellers Of Defamation-For-Profit If you have an ad-blocker enabled you may be blocked from proceeding. Why LifeMD Stock Is Getting Crushed Today | The Motley Fool 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. 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. Skip to Main Content. Use of Culper Research's("Culper") research is at your own risk. Under Mr. Cook's . At just 150 patients, the trial is a . 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 . Veru Stock Could Face Difficulties If the Culper Research Report Is True Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services. White Diamond Research is a research firm that sells information to hedge funds and high net worth individuals. Why would the block trades be significantly lower than current stock price at the time? "LifeMD uses technology to make health care more accessible to people from all walks of life. Nevertheless, if somehow the FDA does give its Covid-19 vaccine a EUA, all bets are off on the stock. Link to CULPER RESEARCH https://img1.wsimg.com/blobby/go/cc91fda7-4669-. It's important to remember that there are two sides to every story. However, such information is presented as is, without warranty of any kind whether express or implied. On November 15, 2022, Culper Research published a short report on Treace (the "Culper Report"). The lock-up on (9380 Macarthur's) massive 16.2% stake expires in June 2021. Create an account to follow your favorite communities and start taking part in conversations. Down 94%, Is Carvana Stock a Buy-the-Dip Opportunity? Thank you for your interest in the U.S. Securities and Exchange Commission. SOS Stock: Is it Buy the Bounce or Run Like Hell? 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. But they were not involved in any fraudulent activity. The book talks about a group of spies known as the culper spy ring. Use of Culper Research's ("Culper") research is at your own risk. We conduct extensive financial, legal, and other due diligence, including background checks, on our targets. This cant be right ? Is this a bad sign for your stock? 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. 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. "We believe that the Company has . Youre reading a free article with opinions that may differ from The Motley Fools Premium Investing Services. "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. Investors could turn away from the company in droves if the researcher's allegations have merit, however. Your article was successfully shared with the contacts you provided. 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. The two short-sellers claimed that SOS stock was an . 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. Are u selling or still holding? Copyright 2023 ALM Global, LLC. 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. 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? He was the original owner of Roe Tavern in Setauket,N.Y. Will Aterian stock recover from this short attack? A company that relies on acquisitions to make its revenue go up can be hiding a sales deterioration in the existing business. Culper Spy Ring Thesis - 167 Words | Bartleby 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. Note: We do not offer technical support for developing or debugging scripted downloading processes. LFMD responded to short report, denying the claims and will report something in detail soon. 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.