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If a user or application submits more than 10 requests per second, further requests from the IP address(es) may be limited for a brief period. culper research legitsan juan airport restaurants hours. To hide from slander cases, perhaps?). 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 . Research may contain forward-looking statements, estimates, projections, and opinions with respect to among other things, certain accounting, legal, and regulatory issues the issuerfaces and the potential impact of those issues on its future business, financial condition and results ofoperations, as well as more generally, the issuers anticipated operating performance, access to capitalmarkets, market conditions, assets and liabilities. The problem is it has just $116.1 million in cash as of Dec. 31 and is burning . 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/. The Xometry Short Report. 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. Youre reading a free article with opinions that may differ from The Motley Fools Premium Investing Services. Lorem ipsum dolor sit amet, consectetur adipiscing elit. 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. Like, within two days of the report, which just adds to the shadiness of the situation. 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. 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. As incriminating as Culper Research's report looks, LifeMD could well have ready and convincing rebuttals to these accusations. Yes, it's horrible and I don't know what to do now. In reality, they are simply conspiring to drive down the prices of stocks they take short positions in. 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 . 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. Invest better with The Motley Fool. CleanSpark, Inc., a Nevada corporation, is in the business of providing advanced software and controls technology solutions to solve modern energy challenges. Some research into Culper Research. The Company will vigorously and relentlessly defend itself against these actions and against the kind of baseless accusations made by those behind the "report." Spying is a secret business and thus research into it is most difficult. However, the only problem is that there is a research report dated May 2 from a short-seller firm, Culper Research. 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The historical nonfiction book i read was titled "George Washington's Secret Six" and it was written by Brian Kilmeade and Don Yaeger. CLEANSPARK INVESTIGATING SHORT SELLER CULPER RESEARCH . culper research legitmichelle fleury ancestry. 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. Home; About us; Contact us; Twitter Seeking Alpha Stocktwits; . 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. Sign up below to get this incredible offer! "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." Guys, this is a classic short attack. To put bluntly the research report implies that Verus Phase 3 study is not likely to succeed in helping VERU-111 obtain a EUA. u/wallstreetbets crowd? 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). Since RexMD's founding, sales and marketing have ballooned to $20.0M in Q4 2020. $10/person - Space is limited. It looks very bad . *Average returns of all recommendations since inception. 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. 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 . 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. The report seems to imply that Veru will be another failure just like other drug companies the management has run. On the other hand, the stock dropped 25% . 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. Is this happening to you frequently? 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. from 8 AM - 9 PM ET. 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. Link to CULPER RESEARCH https://img1.wsimg.com/blobby/go/cc91fda7-4669-. *Average returns of all recommendations since inception. 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 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. Five days later, the short report came public. On April 29, the company rebranded from Mohawk Group Holdings to Aterian. 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). The tweet indicated there were two requests submitted; one in May 2020 and another in September 2020. 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. Yes, it works for cancers, but it does the same to all normal tissue. 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. 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. White Diamond Research is a research firm that sells information to hedge funds and high net worth individuals. On the other hand, the stock dropped 25% last week and the company felt the need to respond to the allegation. Kick the day off with a 9:00 a.m. walking tour led by Tri-Spy Tours! Cost basis and return based on previous market day close. On November 15, 2022, Culper Research published a short report on Treace (the "Culper Report"). Use of Culper Research's ("Culper") research is at your own risk. Eric Volkman has no position in any of the stocks mentioned. Press question mark to learn the rest of the keyboard shortcuts. Published on June 1, 2022 June 3, 2022. Time to Buy? Research is not investment advice nor a recommendation or solicitation to buy securities. Customer Service| It seems clear to us that this report is an attempt by a short seller to negatively impact . CleanSpark Investigates Anonymous Short Seller. So the names of the defendants in the lawsuit against Redwood were as follows. Aterian (f.k.a. The Culper Report expressed the "view that Treace's primary innovation has not been in any sort of . Taylor Carmichael has no position in any of the stocks mentioned. 1-2, 13). Feel like going after another group of asshole short sellers trying to screw over us regular investors? 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 . Making the world smarter, happier, and richer. Investors could turn away from the company in droves if the researcher's allegations have merit, however. 1125 N. Charles St, Baltimore, MD 21201. 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. 5 Hypergrowth Stocks With 10X Potential in 2023, Robert Bollinger: Meet the Man Behind Mullens Push Into Commercial EVs, A.I. 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. 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. An immediate avalanche of selling started at the open of the 6th, suggesting that news of the basket trial was a bad thing. LFMD execs were not involved, and left the company. Culper Research alleges that the company appears to use unlicensed doctors to dispense OTC medications. 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. 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. 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. 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. One of the nice things about shorts is that you can always count on them to bring up every possible negative about a stock. The case is 2:21-cv-01273, Lifemd, Inc et al v. Lamarco et al. 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. 10 czerwca 2022 Culper is an anonymous short-seller that refuses to disclose the individuals or entities behind it. 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 http://www.culperresearch.com The failure of Culper to exercise or enforce any right or provision of these Terms of Service shall not constitute a waiver of this right or provision. Toggle Navigation Hindenburg Research. 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? Site Map, Advertise| The Culper Spy Rings was a spy network started by George Washington to get information about the British, during the Revolutionary War. By using this site, you are agreeing to security monitoring and auditing. If you can't trust management, or its numbers, you really shouldn't be in a stock. In reality, they are simply conspiring to drive down the prices of stocks they take short positions in. Veru has sales revenue from other medical assets it owns. Culper research countered with a well-timed short report tweeted at 8:05 AM spreading fear in the minds of longs that something was wrong going into the investor call. Use of Culper Research's ("Culper") research is at your own risk. By downloading from or viewing material on this website you agree to the following Terms of Service. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. The two short-sellers claimed that SOS stock was an . Under Mr. Cook's . Please. Use of Culper Research's("Culper") research is at your own risk. 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 . Do these allegations sound legitimate or a . After they cash in on the Short, they then turn around and ride the wave back up, which happens to most companies they've done this to. Copyright Reddit and its partners use cookies and similar technologies to provide you with a better experience. 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. Theres even room for more lines. The Culper Report expressed the "view that Treace's primary innovation has not been in any sort of . Gain access to some of the most knowledgeable and experienced attorneys with our 2 bundle options! While the short report is lengthy, here is part of what Culper said. Did anyone read this? Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services. Our second option allows you to build your bundle and strategically select the content that pertains to your needs. Learn More. Prior to co-founding Culper Capital Partners, he served as Majority Shareholder, Chairman & CEO of Glebar Company ("Glebar"), a role which he held from April 2013 to March 2020. The Patriots hoped to gain freedom from Britain, liberty, and equality by winning the war. 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. Read the complaint here. The opinions expressed in this article are those of the writer, subject to theInvestorPlace.comPublishing Guidelines. Our Team Account subscription service is for legal teams of four or more attorneys. Terms of Service. He was the original owner of Roe Tavern in Setauket,N.Y. These statements are based on CleanSpark's current beliefs and expectations. Im holding on to see the company response. The book talks about a group of spies known as the culper spy ring. Pretty brutal. Culper alleges that Core Scientific "wildly oversold" both its mining and hosting business. Not a Bloomberg Law Subscriber?Subscribe Now. The Motley Fool has a disclosure policy. Create an account to follow your favorite communities and start taking part in conversations. Learn More. With Such Low Win Rates, Should Law Firms Respond to So Many RFPs? The report lists numerous ethical, integrity, and past performance issues with the key personnel running the company. Learn More. Published. 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 report . 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. Reference ID: 0.9d8f1402.1677945178.3b82c472. 1125 N. Charles St, Baltimore, MD 21201. Other than that, Culper is a shady short seller that attacks stock on fire with high retail investor base to panic them. Accounting issues always cause stress for investors. For instance, Culper Research alleges that LifeMD presents misleading information regarding its network of doctors and even uses unlicensed professionals "to dispense OTC medication.". Tickets are limited. Each attorney is granted unlimited access to high quality, on-demand premium content from well-respected faculty in the legal industry along with administrative access to easily manage CLE for the entire team. I'd love to hear your thoughts on what I've found below and hopefully help connect some of these dots. 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 . Don't miss the crucial news and insights you need to make informed legal decisions. 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. Are u selling or still holding? 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. And, the marketing expense for RexMD by Culper is just an "estimate". 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. For best practices on efficiently downloading information from SEC.gov, including the latest EDGAR filings, visit sec.gov/developer. "We believe that the Company has . This cant be right ? By downloading from or viewing material on this website you agree to the following Terms of Service. best hunting game for oculus quest 2 culper research legit. 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. I do wish to raise two issues: Rivington and my background. Press question mark to learn the rest of the keyboard shortcuts. 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 . 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. Research is not investment advice nor a recommendation or solicitation to buy securities. The inclusion of forward-looking statements should not be regarded as a representation by CleanSpark that any of our plans will be achieved. Criminal Allegations, and an ICO Scam . That could potentially be a turning point for Veru stock. 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). The second major issue the Culper report has with Veru is the quality of management. License our industry-leading legal content to extend your thought leadership and build your brand. Note: We do not offer technical support for developing or debugging scripted downloading processes. 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. 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. Your article was successfully shared with the contacts you provided. The Motley Fool has no position in any of the stocks mentioned. Where This Leaves Investors in Veru Stock. At just 150 patients, the trial is a . The SEC logs have not been posted yet for March 2021 requests, but I will update that once they become available. 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. 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. 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%. More recently, Culper tweeted the response from SEC on a FOIA request for records pertaining to any investigations into OrthoPediatrics Corp., $KIDS. That's what happened to the shorts in the Gamestopfrenzy earlier this year. 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