The tweet indicated there were two requests submitted; one in May 2020 and another in September 2020. Youre reading a free article with opinions that may differ from The Motley Fools Premium Investing Services. The Motley Fool has no position in any of the stocks mentioned. Recognizing innovation in the legal technology sector for working on precedent-setting, game-changing projects and initiatives. And changing your chief financial officer in the midst of this doesn't exactly reassure. Copyright 2023 ALM Global, LLC. Treace Shareholder Action Reminder - Treace Medical Concepts (NASDAQ Clickhereto get started and be first to know about new suits in your region, practice area or client sector. By the end of December, when Core filed for Chapter 11 bankruptcy, the firm's stock had plummeted by more than 98%.. 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. Is this happening to you frequently? Pretty brutal. In no event should Culper or any affiliated party be liable for any direct or indirect trading losses caused by any . The allegations the firm makes are of a nature that most potential investors in Veru stock are likely to read. One of the nice things about shorts is that you can always count on them to bring up every possible negative about a stock. 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. 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. Core Scientific stock drops after new short call from Culper Research Aterian Issues Statement on Inaccurate and Misleading Report by Culper Aterian issued a press release to respond to the short attack. Culper Spy Ring Research Paper Intelligence provided by the Culper Spy Ring was instrumental in the defeat of the British during the Revolutionary War. (On March 8 the company appointed Arturo Rodriguez to succeed Fabrice Hamaide in the position.) What kind of manipulation and block trades? 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. 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? For more information, please see the SECs Web Site Privacy and Security Policy. 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. 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. Nonetheless the six month delay in reporting is worrisome. Culper Research 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. For more information, contact opendata@sec.gov. Gain access to some of the most knowledgeable and experienced attorneys with our 2 bundle options! However, the only problem is that there is a research report dated May 2 from a short-seller firm, Culper Research. 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 . 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. 2 Reasons to Avoid a Roth 401(k) for Your Retirement Savings, Want $1 Million in Retirement? Culperspyday Tri-Spy Tours I Got the 'SOS', So Here's My Take on the Stock's Saga The Xometry Short Report. But there are some warning signs here. 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. We have a suite of software solutions that provide end-to-end microgrid energy modeling, energy market communications, and energy management solutions. 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. The report seems to imply that Veru will be another failure just like other drug companies the management has run. what are you doing after this report? LifeMD (NASDAQ: LFMD) dropped 16% after a new short report from Culper Research. Also, apparently, most of the patients in the study were outside of the U.S. 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. We scour the stock universe for good ideas and specialize in the technology and healthcare sectors, and in special situations in all sectors. 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). 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. The Cable Car website is down right now, but does indicate a connection to an investment partnership with the Funicular Fund. Are u selling or still holding? Down 94%, Is Carvana Stock a Buy-the-Dip Opportunity? And 9380 has actually been buying more stock in Aterian since it was acquired by the company. Getting The Talent Balance Right: From Layoffs to Laterals to Mergers, How Can Firms Staff for Success? George Washington's Culper Spy Ring: Separating Fact from Fiction George Washington's Secret Six By Brian Kilmeade | ipl.org These activities include "unlawful autoshipping, abusive telemarketing, and false claims of its products." On November 15, 2022, Culper Research published a short report on Treace (the "Culper Report"). This is set for next Tuesday, May 10. The SEC logs have not been posted yet for March 2021 requests, but I will update that once they become available. 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. Im holding on to see the company response. culper research legit - zoom-content.com 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. 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. Culper is an anonymous short-seller that refuses to disclose the individuals or entities behind it. Making the world smarter, happier, and richer. The Motley Fool recommends Aterian, Inc. 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. Capacity is expected to increase to over 300 PH/s in mining capacity by early 2021. Reference ID: 0.9d8f1402.1677945178.3b82c472. 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. 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. 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. 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. Our Team Account subscription service is for legal teams of four or more attorneys. "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. But they were not involved in any fraudulent activity. All Rights Reserved. from 8 AM - 9 PM ET. Town square for LifeMD ($LFMD) stakeholders, Press J to jump to the feed. For example, if it has to redesign the study and start from scratch the costs could go up. However, such information is presented as is, without warranty of any kind whether express or implied. Research is not investment advice nor a recommendation or solicitation to buy securities. 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. Veru Stock Could Face Difficulties If the Culper Research Report Is True. Yes and no. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. CleanSpark, Inc., a Nevada corporation, is in the business of providing advanced software and controls technology solutions to solve modern energy challenges. Terms of Service. On Friday, Hindenburg Research and Culper Research released scathing reports on SOS Ltd (NYSE: SOS ), a Chinese cryptocurrency mining company. Veru 's ( VERU -0.17%) stock dipped by 5.5% on Friday as of 10:49 a.m. 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 . The inclusion of forward-looking statements should not be regarded as a representation by CleanSpark that any of our plans will be achieved. Making the world smarter, happier, and richer. Kick the day off with a 9:00 a.m. walking tour led by Tri-Spy Tours! Christian Lamarco - New York, New York, United States - LinkedIn To make the world smarter, happier, and richer. Target Stock is Down Nearly 40% From Its High. I bought calls just before market close yesterday lol fuck my life. Culper Spy Ring Thesis - 167 Words | Bartleby I'd love to hear your thoughts on what I've found below and hopefully help connect some of these dots. In no event should Culper or any affiliated party be liable for any direct or indirect trading losses caused by any . 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.. To hide from slander cases, perhaps?). 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. 2023 InvestorPlace Media, LLC. Yes, the two executives were at Redwood Scientific. 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. It looks very bad . This suit was surfaced by Law.com Radar. This drop over the last month or so has torched like 9% of my portfolio, real quick. Mariner Research Group - Deep research in a shallow world We look for stocks with the potential for big moves in the near future up or down. Town square for LifeMD ($LFMD) stakeholders, Press J to jump to the feed. 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. The Great CytoDyn (OTCQB: CYDY) Bear Raid Fails to Impress 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. TICKETED EVENTS on Culper Spy Day. 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. WOW Very BOLD and INTENSE claims made by Culper Research about Blink Charging Fraud!! Managing Partner, Chief Investment Officer. Theres even room for more lines. Investors might want to watch out. By downloading from or viewing material on this website you agree to the following Terms of Service. A company that relies on acquisitions to make its revenue go up can be hiding a sales deterioration in the existing business. The Motley Fool has no position in any of the stocks mentioned. 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. 5 Hypergrowth Stocks With 10X Potential in 2023, Robert Bollinger: Meet the Man Behind Mullens Push Into Commercial EVs, A.I. Lawyers at Cozen OConnor on Thursday removed a defamation lawsuit against Culper Research and owner Christian Matthew Lamarco to Pennsylvania Western District Court. If Justin and Stefan were involved in anyway they would have been on the list of named defendants. To make the world smarter, happier, and richer. On the other hand, the stock dropped 25% . Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services. Honestly, we are letting them win with this plummeting over-reaction. PDF Disclaimer - IA Rugby.com Nasdaq 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. In 5 minutes of searching, you can see they take partial truths and exaggerate them. Jan 21, 2021 1:53PM EST. According to the accounting firm, the numbers are fine. 1001 and 1030). Are the Short Sellers Right About Aterian? | The Motley Fool - Nasdaq Treace Medical plunges on new short report from Culper Research LexisNexis and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. Press question mark to learn the rest of the keyboard shortcuts. That short-seller didn't mince words about its concerns with the company, which clearly left investors quite spooked about its future. That is because $36 includes all of company's business lines, not just RexMD. Use of Culper Research's ("Culper") research is at your own risk. 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 . CleanSpark cautions you that statements in this press release that are not a description of historical facts are forward-looking statements. About Us| The book talks about a group of spies known as the culper spy ring. 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. CleanSpark Investigates Anonymous Short Seller. 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. CTO Pedretti - Co-Founded Airlight Energy, Which Went Bankrupt and Faces Fraud Accusations Prior to co -founding Energy . 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. Veru drops after Culper Research releases a follow up short report 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! "LifeMD uses technology to make health care more accessible to people from all walks of life. 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.". Culper on Twitter: "It appears $LFMD is once again attempting to bury Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Sucks. Link to CULPER RESEARCH https://img1.wsimg.com/blobby/go/cc91fda7-4669-. The report . Time to Buy? We conduct extensive financial, legal, and other due diligence, including background checks, on our targets. Your request has been identified as part of a network of automated tools outside of the acceptable policy and will be managed until action is taken to declare your traffic. 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. Criminal Allegations, and an ICO Scam . 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? Toggle Navigation Hindenburg Research. Current guidelines limit users to a total of no more than 10 requests per second, regardless of the number of machines used to submit requests. Hindenburg Research - Investigative Research & Reporting An immediate avalanche of selling started at the open of the 6th, suggesting that news of the basket trial was a bad thing. 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. PDF Disclaimer - IA Rugby.com Customer Service| Your article was successfully shared with the contacts you provided. Other than that, Culper is a shady short seller that attacks stock on fire with high retail investor base to panic them. The problem is it has just $116.1 million in cash as of Dec. 31 and is burning through its cash. Sign up below to get this incredible offer! However, the language in the response letter uses terms like "we are withholding documents that may be responsive" which Culper and co. are using to lead investors to the conclusion that such records do in fact exist and that an investigation into likely what Culper just detailed in their "report" is ongoing. Invest better with The Motley Fool. The industry-leading media platform offering competitive intelligence to prepare for today and anticipate opportunities for future success. "We believe that the Company has . lifeguard air ambulance new mexico hassan has plastic surgery hassan has plastic surgery $10/person - click to reserve your spot! This research guide has detailed information about the university's two Washington letters and provides pathways to research materials on the spy ring. Culper Short Report : r/LFMD - reddit VERU stock remains an extremely risky bet today. *Average returns of all recommendations since inception. Some research into Culper Research. Investigation Alert: Kessler Topaz Meltzer & Check, LLP is License our industry-leading legal content to extend your thought leadership and build your brand. Short-sellers take aim at Chinese blockchain firm SOS, shares tumble CleanSpark Investigating Short Seller Culper Research. 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. 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. 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. The Patriots (colonists) were fighting against the British, in this war. Learn More. The Culper Report expressed the "view that Treace's primary innovation has not been in any sort of . Use of Culper Research's ("Culper") research is at your own risk. 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. 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. culper research legitmichelle fleury ancestry. 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. Reddit and its partners use cookies and similar technologies to provide you with a better experience. https://www.google.com/amp/s/seekingalpha.com/amp/news/3681732-lifemd-falls-after-new-short-call-from-culper-research. We reserve the right to block IP addresses that submit excessive requests. 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. Published on June 1, 2022 June 3, 2022. exhibit at the Three Village Historical Society. They have a financial motivation for doing so -- they want the stock price to go down. Guys, this is a classic short attack. 10 czerwca 2022 The Motley Fool has a disclosure policy. Women, Influence & Power in Law UK Awards honors women lawyers who have made a remarkable difference in the legal profession. Thissuit was surfacedby Law.com Radar, a source for high-speed legal news and litigation updates personalized to your practice. Published. In no event should Culper or any affiliated party be liable for any direct or indirect trading losses caused by any . 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. BLINK $BLNK STOCK | I READ 26 PAGE CULPER RESEARCH - YouTube 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." 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. Use of Culper Research's("Culper") research is at your own risk. 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. The two short-sellers claimed that SOS stock was an . Did these scumbags have any insider information? We think that if BCII was a fully-legitimate operation, then at the least, it would be able to recruit a legitimate lawyer. According to Culper, Aterian acquired the e-commerce brands Mueller, Pursteam, Pohl and Schmitt, and Spiralizer (the "Smash assets") from a convicted felon. 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. I like pain so I'm holding and also bought 400 more shares at $9, sitting at 2,000 shares now with a $16 cost basis, plus August calls with $15 strike that I bought just before market close yesterday. Culper on Twitter 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. The Culper Ring During The Revolutionary War | ipl.org Click to reserve your spot! On the date of publication, Mark R. Hake did not hold any position (either directly or indirectly) in the securities mentioned in this article. By using this site, you are agreeing to security monitoring and auditing. Why LifeMD Stock Is Getting Crushed Today | The Motley Fool This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. . Has anyone attempted to recalculate their marketing cost per website visitor for LFMD vs HIMS. Were short sellers putting together a scam? Taylor Carmichael has no position in any of the stocks mentioned. More importantly, I want to know why the stock went from $18 to $12 between the earnings and the short report. 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. For instance, Culper Research alleges that LifeMD presents misleading information regarding its network of doctors and even uses unlicensed professionals "to dispense OTC medication.".
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