culper research legit

1125 N. Charles St, Baltimore, MD 21201. 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. Use of Culper Research's ("Culper") research is at your own risk. Women, Influence & Power in Law UK Awards honors women lawyers who have made a remarkable difference in the legal profession. The Culper Report expressed the "view that Treace's primary innovation has not been in any sort of . On Friday, Hindenburg Research and Culper Research released scathing reports on SOS Ltd (NYSE: SOS ), a Chinese cryptocurrency mining company. 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. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. For more information, visit https://ATL-DATA.com. 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. 10 czerwca 2022 Yes, it's horrible and I don't know what to do now. The company generated about $23,100 in revenue for the first half of 2021. That's what happened to the shorts in the Gamestopfrenzy earlier this year. Target Stock is Down Nearly 40% From Its High. 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? 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. 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. 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. 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. 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. 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. Investors might want to watch out. On November 15, 2022, Culper Research published a short report on Treace (the "Culper Report"). Invest better with The Motley Fool. 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. 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 . The members of the culper spy ring are an excellent example of the ordinary people that risked their lives to create . Use of Culper Research's ("Culper") research is at your own risk. Read the complaint here. Research is not investment advice nor a recommendation or solicitation to buy securities. 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. 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. CLEANSPARK INVESTIGATING SHORT SELLER CULPER RESEARCH . Recognizing innovation in the legal technology sector for working on precedent-setting, game-changing projects and initiatives. The report lists numerous ethical, integrity, and past performance issues with the key personnel running the company. what are you doing after this report? Our 3 Top Picks. 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. "LifeMD uses technology to make health care more accessible to people from all walks of life. Use of Culper Research's("Culper") research is at your own risk. This cant be right ? In 5 minutes of searching, you can see they take partial truths and exaggerate them. 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. All rights reserved. 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. They have a financial motivation for doing so -- they want the stock price to go down. Yes, the two executives were at Redwood Scientific. 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. Customer Service| 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. You can also sign up for email updates on the SEC open data program, including best practices that make it more efficient to download data, and SEC.gov enhancements that may impact scripted downloading processes. 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. The Legal Intelligencer honors lawyers leaving a mark on the legal community in Pennsylvania with their dedication to law. On the other hand, the stock dropped 25% . 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? The Motley Fool has no position in any of the stocks mentioned. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. 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.". We conduct extensive financial, legal, and other due diligence, including background checks, on our targets. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. So the names of the defendants in the lawsuit against Redwood were as follows. On November 15, 2022, Culper Research published a short report on Treace (the "Culper Report"). CleanSpark, Inc., a Nevada corporation, is in the business of providing advanced software and controls technology solutions to solve modern energy challenges. 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. ET after the short-selling group Culper Research published a new report criticizing the company's latest clinical trial . Nevertheless, if somehow the FDA does give its Covid-19 vaccine a EUA, all bets are off on the stock. 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. 1-2, 13). Cost basis and return based on previous market day close. 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. On July 21, 2022, shares of Energy Vault fell over 6% after Culper Research issued a report that calls into serious question the business and operations of the company. Nonetheless the six month delay in reporting is worrisome. In no event should Culper or any affiliated party be liable for any direct or indirect trading losses caused by any . 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 $66 Billion in 4 Years, 2 Stocks That Are About to Make Their Shareholders Richer, Join Over Half a Million Premium Members And Get More In-Depth Stock Guidance and Research, Copyright, Trademark and Patent Information. Nasdaq You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof, and we undertake no obligation to revise or update this press release to reflect events or circumstances after the date hereof. Contact Us| Special Collections, a division of Stony Brook University Libraries (SBU Libraries) is the owner and steward of two American Revolutionary War-era, Culper Spy Ring letters authored by George Washington. to two felons and two alleged scam artists, all of whom will be free to dump their stock by August. If you're a natural optimist, shorts are handy as a devil's advocate, reminding you of all the bad things that can happen to your stock. Town square for LifeMD ($LFMD) stakeholders, Press J to jump to the feed. 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. Our focus was and continues to be on acquiring high performing businesses that offer opportunities for growth. More importantly, I want to know why the stock went from $18 to $12 between the earnings and the short report. It seems clear to us that this report is an attempt by a short seller to negatively impact . The Culper Report expressed the "view that Treace's primary innovation has not been in any sort of . 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. Please declare your traffic by updating your user agent to include company specific information. . 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. 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. One concern is that the t otal a ddressable m arket ( TAM) for all forms of . Down 94%, Is Carvana Stock a Buy-the-Dip Opportunity? 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. Published on June 1, 2022 June 3, 2022. Learn More. It looks very bad . Were short sellers putting together a scam? SALT LAKE CITY, Jan. 21, 2021 /PRNewswire/ -- CleanSpark, Inc. (Nasdaq: CLSK), (" CleanSpark, or "the . The Culper Spy Rings was a spy network started by George Washington to get information about the British, during the Revolutionary War. $10/person - Space is limited. Once the rate of requests has dropped below the threshold for 10 minutes, the user may resume accessing content on SEC.gov. Click to reserve your spot! All Rights Reserved. CleanSpark Investigates Anonymous Short Seller. Youre reading a free article with opinions that may differ from The Motley Fools Premium Investing Services. Unauthorized attempts to upload information and/or change information on any portion of this site are strictly prohibited and are subject to prosecution under the Computer Fraud and Abuse Act of 1986 and the National Information Infrastructure Protection Act of 1996 (see Title 18 U.S.C. 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 . Theres even room for more lines. Making the world smarter, happier, and richer. 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. By the end of December, when Core filed for Chapter 11 bankruptcy, the firm's stock had plummeted by more than 98%.. Spying is a secret business and thus research into it is most difficult. The suit's 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 . Do these allegations sound legitimate or a . 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. 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/. To other RS execs were laundering money (husband and wife). But they were not involved in any fraudulent activity. Our Team Account subscription service is for legal teams of four or more attorneys. Agreed, this is pretty shitty but have to wait for the response. 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? Overall, it's been ~15 years since I've seen a decent group go after microtubules in cancer. But there are some warning signs here. Veru 's ( VERU -0.17%) stock dipped by 5.5% on Friday as of 10:49 a.m. It's important to remember that there are two sides to every story. "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." To make the world smarter, happier, and richer. 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 . Join The Legal Intelligencer now! 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. 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). 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. If You Invested $1,000 in Veru in 2020, This Is How Much You Would Have Today, 2 Reasons to Avoid a Roth 401(k) for Your Retirement Savings, Want $1 Million in Retirement? The tweet indicated there were two requests submitted; one in May 2020 and another in September 2020. A recent report by Culper Research contains numerous false and misleading statements about our company. Accounting issues always cause stress for investors. The allegations the firm makes are of a nature that most potential investors in Veru stock are likely to read. 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. Veru(NASDAQ:VERU) is set to discuss on May 10 with the Food and Drug Administration a pre-Emergency Use Authorization (EUA) meeting for its Phase 3 Covid-19 drug, sabizabulin (VERU-111). Copyright 2023 InvestorPlace Media, LLC. For best practices on efficiently downloading information from SEC.gov, including the latest EDGAR filings, visit sec.gov/developer. The Motley Fool has a disclosure policy. Create an account to follow your favorite communities and start taking part in conversations. *Average returns of all recommendations since inception. An immediate avalanche of selling started at the open of the 6th, suggesting that news of the basket trial was a bad thing. 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. By using this site, you are agreeing to security monitoring and auditing. 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.

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