Feel like going after another group of asshole short sellers trying to screw over us regular investors? 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. 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. That could potentially be a turning point for Veru stock. The Motley Fool has a disclosure policy. Mariner Research Group - Deep research in a shallow world Recognizing innovation in the legal technology sector for working on precedent-setting, game-changing projects and initiatives. Theres even room for more lines. Will Aterian stock recover from this short attack? best hunting game for oculus quest 2 culper research legit. 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. 1-2, 13). However, the only problem is that there is a research report dated May 2 from a short-seller firm, Culper Research. Eric Volkman has no position in any of the stocks mentioned. At just 150 patients, the trial is a . Skip to Main Content. This is perfect for attorneys licensed in multiple jurisdictions or for attorneys that have fulfilled their CLE requirement but need to access resourceful information for their practice areas. Use of Culper Research's ("Culper") research is at your own risk. Do these allegations sound legitimate or a . REKR reported $245,000 in Oklahoma revenue for itself, and $1,000,000 in revenue for the state of Oklahoma - "over 25,000" notices of non-compliance were issued, but REKR . Did these scumbags have any insider information? 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. 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.". Taylor Carmichael has no position in any of the stocks mentioned. The industry-leading media platform offering competitive intelligence to prepare for today and anticipate opportunities for future success. 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). Learn More. Culper on Twitter: "Tomorrow's report features two felons, two alleged 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. Making the world smarter, happier, and richer. Youre reading a free article with opinions that may differ from The Motley Fools Premium Investing Services. Invest better with The Motley Fool. 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. Are the Short Sellers Right About Aterian? | The Motley Fool - Nasdaq For best practices on efficiently downloading information from SEC.gov, including the latest EDGAR filings, visit sec.gov/developer. In reality, they are simply conspiring to drive down the prices of stocks they take short positions in. "LifeMD uses technology to make health care more accessible to people from all walks of life. Yes, it works for cancers, but it does the same to all normal tissue. Mark Hake writes about personal finance on mrhake.medium.com, Newsbreak.com and Beehiiv.com. I bought calls just before market close yesterday lol fuck my life. In no event should Culper or any affiliated party be liable for any direct or indirect trading losses caused by any . If these claims prove accurate, LifeMD could face the wrath of lawmakers and regulators. Culper Research 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. The case is 2:21-cv-01273, Lifemd, Inc et al v. Lamarco et al. 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. CLEANSPARK INVESTIGATING SHORT SELLER CULPER RESEARCH . Spying is a secret business and thus research into it is most difficult. CleanSpark has retained the law firm of Wilk Auslander LLP in connection with this matter and will be vigilant in investigating the sources of these misrepresentations, including the identity of those veiled behind the entity calling itself Culper Research. The Patriots (colonists) were fighting against the British, in this war. We look for stocks with the potential for big moves in the near future up or down. Cost basis and return based on previous market day close. So let's take a look at what Culper is saying about Aterian. The Culper Report expressed the "view that Treace's primary innovation has not been in any sort of . 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." All rights reserved. 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. 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.". White Diamond Research is a research firm that sells information to hedge funds and high net worth individuals. By using this site, you are agreeing to security monitoring and auditing. This response seems to concede that the company acquired the business from somebody convicted of crimes ("we identified the historical legal concerns raised in the report"), but that it judged the information irrelevant ("unrelated to the acquired businesses"). The Motley Fool has a disclosure policy. Use of Culper Research's ("Culper") research is at your own risk. The researcher is also highly unimpressed with the executives guiding the company. He was the original owner of Roe Tavern in Setauket,N.Y. 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. 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. More recently, Culper tweeted the response from SEC on a FOIA request for records pertaining to any investigations into OrthoPediatrics Corp., $KIDS. Investigation Alert: Kessler Topaz Meltzer & Check, LLP is Clickhereto get started and be first to know about new suits in your region, practice area or client sector. 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. Down 94%, Is Carvana Stock a Buy-the-Dip Opportunity? 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. In addition, these transactions were structured as asset purchases only and therefore the founders did not become employees of Aterian. Culper Spy Ring Research Paper Intelligence provided by the Culper Spy Ring was instrumental in the defeat of the British during the Revolutionary War. culper research legit If Justin and Stefan were involved in anyway they would have been on the list of named defendants. 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. 2 Reasons to Avoid a Roth 401(k) for Your Retirement Savings, Want $1 Million in Retirement? Law.com Compass delivers you the full scope of information, from the rankings of the Am Law 200 and NLJ 500 to intricate details and comparisons of firms financials, staffing, clients, news and events. Why Veru Stock Plummeted on Monday | The Motley Fool However, such information is presented as is, without warranty of any kind whether express or implied. Im holding on to see the company 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? Kick the day off with a 9:00 a.m. walking tour led by Tri-Spy Tours! Why LifeMD Stock Is Getting Crushed Today | The Motley Fool 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. 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. The Culper Report expressed the "view that Treace's primary innovation has not been in any sort of . "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. quotes delayed at least 15 minutes, all others at least 20 minutes. Just another manipulative scare tactic that I wouldn't be surprised if they use against LifeMD next. George Washington's Culper Spy Ring: Separating Fact from Fiction culper research legit - creditsolutionexperts.com Copyright 2023 ALM Global, LLC. Click to reserve your spot! To make the world smarter, happier, and richer. Article printed from InvestorPlace Media, https://investorplace.com/2022/05/veru-stock-could-face-difficulties-if-the-culper-research-report-is-true/. If you have an ad-blocker enabled you may be blocked from proceeding. Culper Spy Ring Thesis - 167 Words | Bartleby Youre reading a free article with opinions that may differ from The Motley Fools Premium Investing Services. Criminal Allegations, and an ICO Scam . Youre reading a free article with opinions that may differ from The Motley Fools Premium Investing Services. The Motley Fool recommends Aterian, Inc. About Us. . They short the company, post these reports, and reap the benefits of people over reacting. Has anyone attempted to recalculate their marketing cost per website visitor for LFMD vs HIMS. Sometimes when there is "blood in the water" other shorts will jump in as well. Telehealth Co. Accuses Short Sellers Of Defamation-For-Profit CleanSpark Investigating Short Seller Culper Research - PR Newswire Getting The Talent Balance Right: From Layoffs to Laterals to Mergers, How Can Firms Staff for Success? Some research into Culper Research : r/LFMD - reddit A company that relies on acquisitions to make its revenue go up can be hiding a sales deterioration in the existing business. To put bluntly the research report implies that Verus Phase 3 study is not likely to succeed in helping VERU-111 obtain a EUA. The problem is this is a highly speculative play for most investors. 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. Cost basis and return based on previous market day close. And changing your chief financial officer in the midst of this doesn't exactly reassure. Law.com Radar publishes daily updates on just-filed federal cases like this one. Core Scientific Short report by Culper research Deep Dive According to the accounting firm, the numbers are fine. Cost basis and return based on previous market day close. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services. The complaint, over an alleged short-and-distort stock scheme, was filed by Gordon Rees Scully Mansukhani on behalf of LifeMD Inc., CEO Justin Schreiber and CTO Stefan Galluppi. Link to CULPER RESEARCH https://img1.wsimg.com/blobby/go/cc91fda7-4669-. In no event should Culper or any affiliated party be liable for any direct or indirect trading losses caused by any . Our second option allows you to build your bundle and strategically select the content that pertains to your needs. PDF Disclaimer - IA Rugby.com However, such information is presented as is, without warranty of any kind whether express or implied. Press question mark to learn the rest of the keyboard shortcuts. Nonetheless the six month delay in reporting is worrisome. Home; About us; Contact us; Twitter Seeking Alpha Stocktwits; . When typing in this field, a list of search results will appear and be automatically updated as you type. What should investors make of the allegations brought forth by Culper Research? 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. By downloading from or viewing material on this website you agree to the following Terms of Service. Use of Culper Research's ("Culper") research is at your own risk. Culper on Twitter: "It appears $LFMD is once again attempting to bury This SEC practice is designed to limit excessive automated searches on SEC.gov and is not intended or expected to impact individuals browsing the SEC.gov website. This makes them biased, of course, but no more biased than the shareholders who want the stock to go up. Site Map, Advertise| Town square for LifeMD ($LFMD) stakeholders, Press J to jump to the feed. 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. We scour the stock universe for good ideas and specialize in the technology and healthcare sectors, and in special situations in all sectors. 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 . Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. 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/. 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. Dissecting the Xometry Stock Short Report - Nanalyze For that matter, changing the name of your company a week before a short attack might make people nervous, too. 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. 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. I did some deeper digging though using SEC FOIA request logs and Culper's own posts on twitter in an attempt to pull back the curtain a bit. 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 . Create an account to follow your favorite communities and start taking part in conversations. "We believe that the Company has . Yes, the two executives were at Redwood Scientific. Treace Investor Alert - Treace Medical Concepts (NASDAQ:TMCI) Jan 21, 2021 1:53PM EST. BLINK $BLNK STOCK | I READ 26 PAGE CULPER RESEARCH - YouTube That's what happened to the shorts in the Gamestopfrenzy earlier this year. 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. 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 . The lock-up on (9380 Macarthur's) massive 16.2% stake expires in June 2021. This drop over the last month or so has torched like 9% of my portfolio, real quick. 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. 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. culper research legitmichelle fleury ancestry. 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. 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. Alpilean Reviews 2023 - Scam or Legit (Update Alpilean Supplement 2023 Does someone more knowledgeable than me have any insight into these numbers ? 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). No LFMD executives were charged. According to Culper, Aterian acquired the e-commerce brands Mueller, Pursteam, Pohl and Schmitt, and Spiralizer (the "Smash assets") from a convicted felon. what are you doing after this report? Sign up below to get this incredible offer! Actual results may differ from those set forth in this press release due to the risk and uncertainties inherent in our business, including, without limitation: the successful deployment energy solution on the project, the fitness of our energy software and solutions for this particular application or market, the expectations of future revenue growth may not be realized, ongoing demand for our software products and related services, the impact of global pandemics (including COVID-19) on the demand for our products and services; and other risks described in our prior press releases and in our filings with the Securities and Exchange Commission (SEC), including under the heading "Risk Factors" in our Annual Report on Form 10-K and any subsequent filings with the SEC. Aterian (f.k.a. Blink Charging lower after short seller powers in with accusations On November 15, 2022, Culper Research published a short report on Treace (the "Culper Report"). Please declare your traffic by updating your user agent to include company specific information. 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. Press question mark to learn the rest of the keyboard shortcuts. Our Team Account subscription service is for legal teams of four or more attorneys. Time to Buy? 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. White Diamond Research | About Us 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. The report . In no event should Culper or any affiliated party be liable for any direct or indirect trading losses caused by any . 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. | Learn more about Christian Lamarco's work experience, education, connections & more by visiting their profile on LinkedIn Copyright 2023 Culper Research - All Rights Reserved. The book talks about a group of spies known as the culper spy ring. 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 . On Wall Street, H.C. Wainwright dropped Blink Charging to a Neutral rating from Buy last week on a valuation call that did not allude to any wrongdoing at the company.. The Legal Intelligencer honors lawyers leaving a mark on the legal community in Pennsylvania with their dedication to law. If you can't trust management, or its numbers, you really shouldn't be in a stock. George Washington and the Culper Spy Ring - Stony Brook University Honestly, we are letting them win with this plummeting over-reaction. That is because $36 includes all of company's business lines, not just RexMD. (On March 8 the company appointed Arturo Rodriguez to succeed Fabrice Hamaide in the position.) The company generated about $23,100 in revenue for the first half of 2021. On the date of publication, Mark R. Hake did not hold any position (either directly or indirectly) in the securities mentioned in this article. 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 . Short-Seller's Note is Short on Credibility, LifeMD Says *Average returns of all recommendations since inception. 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. 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. Learn More. A recent report by Culper Research contains numerous false and misleading statements about our company. If any provision of these Terms of Service is found by a court of competent jurisdiction to be invalid, the parties nevertheless agree that the court should endeavor to give effect to the parties intentions as reflected in the provision and rule that the other provisions of these Terms of Service remain in full force and effect, in particular as to this governing law and jurisdiction provision. 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. CleanSpark Investigating Short Seller Culper Research | Nasdaq Like, within two days of the report, which just adds to the shadiness of the situation. 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 . The allegations the firm makes are of a nature that most potential investors in Veru stock are likely to read. 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. $10/person - Space is limited. Invest better with The Motley Fool. culper research legit - zoom-content.com This suit was surfaced by Law.com Radar. Read the complaint here: To view this content, please continue to their sites. TICKETED EVENTS on Culper Spy Day. Christian Lamarco - New York, New York, United States - LinkedIn About Us| The problem is it has just $116.1 million in cash as of Dec. 31 and is burning . In reality, they are simply conspiring to drive down the prices of stocks they take short positions in.