CleanSpark Investigating Short Seller Culper Research. If you can't trust management, or its numbers, you really shouldn't be in a stock. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services. While the short report is lengthy, here is part of what Culper said. The Motley Fool has no position in any of the stocks mentioned. Yes and no. The company did not report any news, but these losses are a result of a short-seller report issued by investigative research firm Culper Research. These activities include "unlawful autoshipping, abusive telemarketing, and false claims of its products." Article printed from InvestorPlace Media, https://investorplace.com/2022/05/veru-stock-could-face-difficulties-if-the-culper-research-report-is-true/. The historical nonfiction book i read was titled "George Washington's Secret Six" and it was written by Brian Kilmeade and Don Yaeger. Thissuit was surfacedby Law.com Radar, a source for high-speed legal news and litigation updates personalized to your practice. On November 15, 2022, Culper Research published a short report on Treace (the "Culper Report"). It's important to remember that there are two sides to every story. That could potentially be a turning point for Veru stock. For more information, visit https://ATL-DATA.com. At just 150 patients, the trial is 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. 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. . *Average returns of all recommendations since inception. 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. 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. Recognizing innovation in the legal technology sector for working on precedent-setting, game-changing projects and initiatives. Press question mark to learn the rest of the keyboard shortcuts. CleanSpark Investigates Anonymous Short Seller. Sucks. 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. Copyright 2023 ALM Global, LLC. 2 Reasons to Avoid a Roth 401(k) for Your Retirement Savings, Want $1 Million in Retirement? 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. 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. Thus, we assign the incremental $18.0M to RexMD. Toggle Navigation Hindenburg Research. But there are some warning signs here. The researcher is also highly unimpressed with the executives guiding the company. Feel like going after another group of asshole short sellers trying to screw over us regular investors? exhibit at the Three Village Historical Society. 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. 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? Making the world smarter, happier, and richer. Copyright 2023 InvestorPlace Media, LLC. 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. All rights reserved. So let's take a look at what Culper is saying about Aterian. An immediate avalanche of selling started at the open of the 6th, suggesting that news of the basket trial was a bad thing. For best practices on efficiently downloading information from SEC.gov, including the latest EDGAR filings, visit sec.gov/developer. 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. Our 3 Top Picks. On the date of publication, Mark R. Hake did not hold any position (either directly or indirectly) in the securities mentioned in this article. 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. 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. 831 Words4 Pages. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. "LifeMD uses technology to make health care more accessible to people from all walks of life. 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. 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. lifeguard air ambulance new mexico hassan has plastic surgery hassan has plastic surgery And changing your chief financial officer in the midst of this doesn't exactly reassure. Did they not look into this and see all this??? Did anyone read this? I do wish to raise two issues: Rivington and my background. Note: We do not offer technical support for developing or debugging scripted downloading processes. On December 3, 2020, Culper tweeted regarding a FOIA request for information from SEC on any investigations into a company called CytoDyn $CYDY. We are aware that litigation premised on the so-called "Culper Report" has been filed and that plaintiff's firms are trolling for additional shareholders. To other RS execs were laundering money (husband and wife). Verified account Protected Tweets @; Suggested users In addition, these transactions were structured as asset purchases only and therefore the founders did not become employees of Aterian. At this point, the connection between all these entities and Culper is unclear, beyond the fact that Culper posted the response to Ma-Weaver/Cable Car Capital's SEC FOIA request back in December. According to Culper, Aterian acquired the e-commerce brands Mueller, Pursteam, Pohl and Schmitt, and Spiralizer (the "Smash assets") from a convicted felon. This research guide has detailed information about the university's two Washington letters and provides pathways to research materials on the spy ring. Create an account to follow your favorite communities and start taking part in conversations. Terms of Service. In no event should Culper or any affiliated party be liable for any direct or indirect trading losses caused by any information on this site. On the other hand, shorts are always future buyers of your stock. Town square for LifeMD ($LFMD) stakeholders, Press J to jump to the feed. We conduct extensive financial, legal, and other due diligence, including background checks, on our targets. 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. 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. With Such Low Win Rates, Should Law Firms Respond to So Many RFPs? The SEC logs have not been posted yet for March 2021 requests, but I will update that once they become available. Yes, the two executives were at Redwood Scientific. The Motley Fool has a disclosure policy. When typing in this field, a list of search results will appear and be automatically updated as you type. For most investors the likely risks, as outlined by the Culper Research article, probably outweigh the potential upside in Veru stock. How valuable are the assets if you can't trust the sales numbers? 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. Yes, it works for cancers, but it does the same to all normal tissue. That is because $36 includes all of company's business lines, not just RexMD. Theyre calculating that LFMD spends an average of $36 in marketing costs per webpage visitor for REXMD while HIMS spends an average of $2.14 per website visitor for its products . However, the only problem is that there is a research report dated May 2 from a short-seller firm, Culper Research. 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.. 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 . Once the rate of requests has dropped below the threshold for 10 minutes, the user may resume accessing content on SEC.gov. On the other hand, the stock dropped 25% . Not really sure how to end this post, but please let me know think. 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. 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 . Capacity is expected to increase to over 300 PH/s in mining capacity by early 2021. 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. Veru Stock Could Face Difficulties If the Culper Research Report Is True. Press question mark to learn the rest of the keyboard shortcuts. On February 26, 2021, Hindenburg Research and Culper Research published reports regarding SOS Limited, alleging that the Company was a "pump and dump" scheme that used fake addresses and doctored . For example, if it has to redesign the study and start from scratch the costs could go up. That's what happened to the shorts in the Gamestopfrenzy earlier this year. Culper Research alleges that the company appears to use unlicensed doctors to dispense OTC medications. Our focus was and continues to be on acquiring high performing businesses that offer opportunities for growth. Contact Us| Value oriented and event driven investor. Thank you for your interest in the U.S. Securities and Exchange Commission. 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. 10 czerwca 2022 The Culper Report expressed the "view that Treace's primary innovation has not been in any sort of . 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. 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. The lock-up on (9380 Macarthur's) massive 16.2% stake expires in June 2021. Skip to Main Content. 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. CleanSpark cautions you that statements in this press release that are not a description of historical facts are forward-looking statements. The industry-leading media platform offering competitive intelligence to prepare for today and anticipate opportunities for future success. CTO Pedretti - Co-Founded Airlight Energy, Which Went Bankrupt and Faces Fraud Accusations Prior to co -founding Energy . 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. Clickhereto get started and be first to know about new suits in your region, practice area or client sector. Copyright best hunting game for oculus quest 2 culper research legit. The report . 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. 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 . Were short sellers putting together a scam? It looks very bad . More recently, Culper tweeted the response from SEC on a FOIA request for records pertaining to any investigations into OrthoPediatrics Corp., $KIDS. 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. The Legal Intelligencer honors lawyers leaving a mark on the legal community in Pennsylvania with their dedication to law. Nevertheless, if somehow the FDA does give its Covid-19 vaccine a EUA, all bets are off on the stock. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Nasdaq 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 . Such statements, estimates, projections and opinionsmay prove to be substantially inaccurate and are inherently subject to significant risks and uncertaintiesbeyond Culper's control. The Austin-based company went public on the Nasdaq via a special purpose acquisition vehicle, or SPAC, in January 2022. Sign up below to get this incredible offer! In no event should Culper or any affiliated party be liable for any direct or indirect trading losses caused by any . student california teachers association membership,