For more information, contact opendata@sec.gov. Toggle Navigation Hindenburg Research. The industry-leading media platform offering competitive intelligence to prepare for today and anticipate opportunities for future success. Veru drops after Culper Research releases a follow up short report Press question mark to learn the rest of the keyboard shortcuts. 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. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services. 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. All rights reserved. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. And, the marketing expense for RexMD by Culper is just an "estimate". lifeguard air ambulance new mexico hassan has plastic surgery hassan has plastic surgery u/wallstreetbets crowd? Are the Short Sellers Right About Aterian? | The Motley Fool - Nasdaq The Patriots hoped to gain freedom from Britain, liberty, and equality by winning the war. Lawyers at Cozen OConnor on Thursday removed a defamation lawsuit against Culper Research and owner Christian Matthew Lamarco to Pennsylvania Western District Court. Also he was allowed to treat patients via telehealth telehealth while on probation (src). Taylor Carmichael has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. 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. 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. 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. Blink Charging (NASDAQ: BLNK) trades lower after short seller Culper Research calls the company a scheme to pillage minority investors to the benefit of insiders. Copyright 2023 ALM Global, LLC. 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. 2 Reasons to Avoid a Roth 401(k) for Your Retirement Savings, Want $1 Million in Retirement? It looks very bad . He was the original owner of Roe Tavern in Setauket,N.Y. Im holding on to see the company response. culper research legit - creditsolutionexperts.com The SEC logs have not been posted yet for March 2021 requests, but I will update that once they become available. Only bright sides I can see are that none of the allegations suggest that the revenue is fake, so were still talking about a company poised to do $90M in rev this year, and that management will know theyre under a microscope and should be incentivized to clean up their act. Such statements, estimates, projections and opinionsmay prove to be substantially inaccurate and are inherently subject to significant risks and uncertaintiesbeyond Culper's control. 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. So the names of the defendants in the lawsuit against Redwood were as follows. Mariner Research Group - Deep research in a shallow world Apparently, this was not the case . Did these scumbags have any insider information? If Justin and Stefan were involved in anyway they would have been on the list of named defendants. Cost basis and return based on previous market day close. Cost basis and return based on previous market day close. In a 10-tweet thread digesting the report and posted on Monday, Culper accused Veru of "glaring anomalies" in its phase 3 clinical trial of coronavirus drug sabizabulin. However, such information is presented as is, without warranty of any kind whether express or implied. The Culper Spy Rings was a spy network started by George Washington to get information about the British, during the Revolutionary War. Core Scientific Short report by Culper research Deep Dive Down 94%, Is Carvana Stock a Buy-the-Dip Opportunity? Is this a bad sign for your stock? The tweet indicated there were two requests submitted; one in May 2020 and another in September 2020. To hide from slander cases, perhaps?). George Washington's Culper Spy Ring: Separating Fact from Fiction The Legal Intelligencer honors lawyers leaving a mark on the legal community in Pennsylvania with their dedication to law. Thus, we assign the incremental $18.0M to RexMD. The two short-sellers claimed that SOS stock was an . Contact Us| An immediate avalanche of selling started at the open of the 6th, suggesting that news of the basket trial was a bad thing. The suits 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 medications. Nonetheless the six month delay in reporting is worrisome. Culper on Twitter: "Tomorrow's report features two felons, two alleged I've never heard of an ad $ per website visit metric before and am not really sure it's value in any case. 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. License our industry-leading legal content to extend your thought leadership and build your brand. For more information, visit https://ATL-DATA.com. Short-Seller's Note is Short on Credibility, LifeMD Says That could potentially be a turning point for Veru stock. Treace Medical plunges on new short report from Culper Research Treace Investor Alert - Treace Medical Concepts (NASDAQ:TMCI) 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. Join The Legal Intelligencer now! On April 29, the company rebranded from Mohawk Group Holdings to Aterian. You further agree to do your own research and due diligence, consult your own financial, legal, and tax advisors before making any . 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. Use of Culper Research's("Culper") research is at your own risk. The Culper Report expressed the "view that Treace's primary innovation has not been in any sort of . 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. 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. 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. On the other hand, shorts are always future buyers of your stock. Culper Research 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. Christian Lamarco - New York, New York, United States - LinkedIn 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. CTO Pedretti - Co-Founded Airlight Energy, Which Went Bankrupt and Faces Fraud Accusations Prior to co -founding Energy . But that attitude raises a few questions. For that matter, changing the name of your company a week before a short attack might make people nervous, too. Veru has a market capitalization of $750 million at $8.46 as of May 6. "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. White Diamond Research | About Us Did they not look into this and see all this??? 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. Sucks. We scour the stock universe for good ideas and specialize in the technology and healthcare sectors, and in special situations in all sectors. That's what happened to the shorts in the Gamestopfrenzy earlier this year. White Diamond Research is a research firm that sells information to hedge funds and high net worth individuals. 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. 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. Prosper Junior Bakiny has no position in any of the stocks mentioned. The Xometry Short Report. Culper is an anonymous short-seller that refuses to disclose the individuals or entities behind it. While the short report is lengthy, here is part of what Culper said. For example, if it has to redesign the study and start from scratch the costs could go up. That's $100 million you paid. from 8 AM - 9 PM ET. The Patriots (colonists) were fighting against the British, in this war. Short-sellers take aim at Chinese blockchain firm SOS, shares tumble 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 . On Friday, Hindenburg Research and Culper Research released scathing reports on SOS Ltd (NYSE: SOS ), a Chinese cryptocurrency mining company. In this conversation. Veru 's ( VERU -0.17%) stock dipped by 5.5% on Friday as of 10:49 a.m. In 5 minutes of searching, you can see they take partial truths and exaggerate them. Yes and no. 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. 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. The case is 2:21-cv-01273, Lifemd, Inc et al v. Lamarco et al. . LFMD execs were not involved, and left the company. PDF Disclaimer - IA Rugby.com 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. But they were not involved in any fraudulent activity. The Motley Fool has a disclosure policy. Hindenburg Research - Investigative Research & Reporting ET after the short-selling group Culper Research published a new report criticizing the company's latest clinical trial . Skip to Main Content. Telehealth Co. Accuses Short Sellers Of Defamation-For-Profit Like, within two days of the report, which just adds to the shadiness of the situation. Our 3 Top Picks. Making the world smarter, happier, and richer. Invest better with The Motley Fool. All rights reserved. Time to Buy? The Austin-based company went public on the Nasdaq via a special purpose acquisition vehicle, or SPAC, in January 2022. what are you doing after this report? 1001 and 1030). Accounting issues always cause stress for investors. LexisNexis and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. According to the accounting firm, the numbers are fine. To make the world smarter, happier, and richer. Target Stock is Down Nearly 40% From Its High. 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. 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. 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. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. Core Scientific (NASDAQ: CORZ) fell 3.8% after a new short report from Culper Research. Culper Spy Ring Research Paper Intelligence provided by the Culper Spy Ring was instrumental in the defeat of the British during the Revolutionary War. Some research into Culper Research. A company that relies on acquisitions to make its revenue go up can be hiding a sales deterioration in the existing business. The problem is this is a highly speculative play for most investors. And 9380 has actually been buying more stock in Aterian since it was acquired by the company. LFMD responded to short report, denying the claims and will report something in detail soon. 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 . They do this behind a wall of relative anonymity which is curious given their apparent altruistic intentions of "protecting investors" would lend you to think they would want to be praised for their support for all the poor little guys like us. Core Scientific stock drops after new short call from Culper Research CleanSpark, Inc. Investor Relations(801) 244-4405[emailprotected], Cision Distribution 888-776-0942 We have a suite of software solutions that provide end-to-end microgrid energy modeling, energy market communications, and energy management solutions. 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. These activities include "unlawful autoshipping, abusive telemarketing, and false claims of its products." More recently, Culper tweeted the response from SEC on a FOIA request for records pertaining to any investigations into OrthoPediatrics Corp., $KIDS. 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! The Cable Car website is down right now, but does indicate a connection to an investment partnership with the Funicular Fund. Some research into Culper Research : r/LFMD - reddit 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. So let's take a look at what Culper is saying about Aterian. George Washington's Secret Six By Brian Kilmeade | ipl.org https://www.google.com/amp/s/seekingalpha.com/amp/news/3681732-lifemd-falls-after-new-short-call-from-culper-research. By downloading from or viewing material on this website you agree to the following Terms of Service. If you have an ad-blocker enabled you may be blocked from proceeding. 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. Nasdaq 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. Culper Research alleges that the company appears to use unlicensed doctors to dispense OTC medications. 5 Hypergrowth Stocks With 10X Potential in 2023, Robert Bollinger: Meet the Man Behind Mullens Push Into Commercial EVs, A.I. Invest better with The Motley Fool. The Motley Fool has a disclosure policy. to two felons and two alleged scam artists, all of whom will be free to dump their stock by August. Docent led tours every 30 minutes of the Spies! Is this happening to you frequently? Capacity is expected to increase to over 300 PH/s in mining capacity by early 2021. To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. For most investors the likely risks, as outlined by the Culper Research article, probably outweigh the potential upside in Veru stock. Feel like going after another group of asshole short sellers trying to screw over us regular investors? 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. Verified account Protected Tweets @; Suggested users On November 15, 2022, Culper Research published a short report on Treace (the "Culper Report"). CleanSpark Investigating Short Seller Culper Research | Nasdaq These statements are based on CleanSpark's current beliefs and expectations. We conduct extensive financial, legal, and other due diligence, including background checks, on our targets. 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. 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. Investigation Alert: Kessler Topaz Meltzer & Check, LLP is Press question mark to learn the rest of the keyboard shortcuts. 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. And changing your chief financial officer in the midst of this doesn't exactly reassure. Has anyone attempted to recalculate their marketing cost per website visitor for LFMD vs HIMS. To make the world smarter, happier, and richer. 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. The Company will vigorously and relentlessly defend itself against these actions and against the kind of baseless accusations made by those behind the "report." 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. 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. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. The book talks about a group of spies known as the culper spy ring. Investor Alert: Kaplan Fox Investigates Potential - GlobeNewswire News Room 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. CleanSpark cautions you that statements in this press release that are not a description of historical facts are forward-looking statements. culper research legit - zoom-content.com 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. Tickets are limited. Why Veru Stock Plummeted on Monday | The Motley Fool Since RexMD's founding, sales and marketing have ballooned to $20.0M in Q4 2020. CleanSpark plans to apply its technologies with a goal of mining bitcoins at the lowest energy prices in the United States. In reality, they are simply conspiring to drive down the prices of stocks they take short positions in. LifeMD, Inc. v. Lamarco, Civil Action 2:21-cv-1273 - Casetext 10 czerwca 2022 2023 InvestorPlace Media, LLC. Is This Warren Buffett Stock a Buy After Its Dividend Boost? I Got the 'SOS', So Here's My Take on the Stock's Saga "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." Sign up below to get this incredible offer! "LifeMD uses technology to make health care more accessible to people from all walks of life. 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. 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. Copyright Five days later, the short report came public. By the end of December, when Core filed for Chapter 11 bankruptcy, the firm's stock had plummeted by more than 98%.. Thissuit was surfacedby Law.com Radar, a source for high-speed legal news and litigation updates personalized to your practice. Among its raft of accusations, Culper wrote that the trial is significantly smaller than those conducted for other COVID drug candidates and demonstrated a worryingly high mortality rate. The problem is it has just $116.1 million in cash as of Dec. 31 and is burning through its cash. SOS Stock: Is it Buy the Bounce or Run Like Hell? Does someone more knowledgeable than me have any insight into these numbers ? All Rights Reserved. Lawsuit filed for Investors in shares of SOS Limited (NYSE: SOS) About Us| culper research legit 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. They have a financial motivation for doing so -- they want the stock price to go down. 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 think the only scary about the report is that some executives at LifeMD, used to work at Redwood Scientific, which was shut down by FTC upon fraud. Overall, it's been ~15 years since I've seen a decent group go after microtubules in cancer. It seems clear to us that this report is an attempt by a short seller to negatively impact . 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 . 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. 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%. 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.". One concern is that the t otal a ddressable m arket ( TAM) for all forms of . What Is the Best EV Stock to Buy Now? Reddit and its partners use cookies and similar technologies to provide you with a better experience. Published. quotes delayed at least 15 minutes, all others at least 20 minutes. Our focus was and continues to be on acquiring high performing businesses that offer opportunities for growth. 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 . 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.
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