culper research legit11 Mar culper research legit
u/wallstreetbets crowd? 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. Nasdaq Getting The Talent Balance Right: From Layoffs to Laterals to Mergers, How Can Firms Staff for Success? 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. Invest better with The Motley Fool. To hide from slander cases, perhaps?). Your article was successfully shared with the contacts you provided. Use of Culper Research's("Culper") research is at your own risk. Copyright 2023 Culper Research - All Rights Reserved. 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. 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. Create an account to follow your favorite communities and start taking part in conversations. 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. 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. 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. 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. Did these scumbags have any insider information? You further agree to do your own research and due diligence, consult your own financial, legal, and tax advisors before making any . Press question mark to learn the rest of the keyboard shortcuts. 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 . 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. 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.". 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. Dynamically explore and compare data on law firms, companies, individual lawyers, and industry trends. The problem is it has just $116.1 million in cash as of Dec. 31 and is burning . Mr. Adam S. Cook is a co-founder and Chief Investment Officer at Culper Capital Partners ("CCP"). Verified account Protected Tweets @; Suggested users Note: We do not offer technical support for developing or debugging scripted downloading processes. When typing in this field, a list of search results will appear and be automatically updated as you type. 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. The Austin-based company went public on the Nasdaq via a special purpose acquisition vehicle, or SPAC, in January 2022. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services. More recently, Culper tweeted the response from SEC on a FOIA request for records pertaining to any investigations into OrthoPediatrics Corp., $KIDS. To make the world smarter, happier, and richer. In no event should Culper or any affiliated party be liable for any direct or indirect trading losses caused by any . He was the original owner of Roe Tavern in Setauket,N.Y. I bought this stock after Citron recommended it. Special Collections, a division of Stony Brook University Libraries (SBU Libraries) is the owner and steward of two American Revolutionary War-era, Culper Spy Ring letters authored by George Washington. Veru has sales revenue from other medical assets it owns. The report points out two major issues: first, the Phase 3 Covid-19 study contains glaring issues, compounded by management misrepresentations.. Like, within two days of the report, which just adds to the shadiness of the situation. This suit was surfaced by Law.com Radar. It seems clear to us that this report is an attempt by a short seller to negatively impact . "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." Did they not look into this and see all this??? VERU stock remains an extremely risky bet today. CLEANSPARK INVESTIGATING SHORT SELLER CULPER RESEARCH . 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. 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 . 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. Spying is a secret business and thus research into it is most difficult. Once the rate of requests has dropped below the threshold for 10 minutes, the user may resume accessing content on SEC.gov. 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. So the names of the defendants in the lawsuit against Redwood were as follows. Taylor Carmichael has no position in any of the stocks mentioned. The short is also correct that the 9380 lockup expires in June, which means that Aterian's biggest shareholder will be free to start selling shares that were acquired for pennies. Please. 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. 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. Article printed from InvestorPlace Media, https://investorplace.com/2022/05/veru-stock-could-face-difficulties-if-the-culper-research-report-is-true/. Not a Bloomberg Law Subscriber?Subscribe Now. Core Scientific (NASDAQ: CORZ) fell 3.8% after a new short report from Culper Research. CleanSpark, Inc., a Nevada corporation, is in the business of providing advanced software and controls technology solutions to solve modern energy challenges. 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. 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. Shouldn't you, at a minimum, audit the financials before you pay $25 million in cash, and give up 4.22 million shares ($60 million at current prices), and agree to acquire a $15 million promissory note? 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. 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. Jan 21, 2021 1:53PM EST. $10/person - Space is limited. Docent led tours every 30 minutes of the Spies! I do wish to raise two issues: Rivington and my background. In no event should Culper or any affiliated party be liable for any direct or indirect trading losses caused by any . Research is not investment advice nor a recommendation or solicitation to buy securities. By accepting all cookies, you agree to our use of cookies to deliver and maintain our services and site, improve the quality of Reddit, personalize Reddit content and advertising, and measure the effectiveness of advertising. 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. CleanSpark cautions you that statements in this press release that are not a description of historical facts are forward-looking statements. Target Stock is Down Nearly 40% From Its High. Culper alleges that Core Scientific "wildly oversold" both its mining and hosting business. Our 3 Top Picks. Culper is an anonymous short-seller that refuses to disclose the individuals or entities behind it. All Rights Reserved. The members of the culper spy ring are an excellent example of the ordinary people that risked their lives to create . Culper Spy Ring Research Paper Intelligence provided by the Culper Spy Ring was instrumental in the defeat of the British during the Revolutionary War. But they were not involved in any fraudulent activity. On Friday, Hindenburg Research and Culper Research released scathing reports on SOS Ltd (NYSE: SOS ), a Chinese cryptocurrency mining company. Also, apparently, most of the patients in the study were outside of the U.S. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services. Copyright 2023 InvestorPlace Media, LLC. SALT LAKE CITY, January 21, 2021 -- 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. 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. 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. 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. Link to CULPER RESEARCH https://img1.wsimg.com/blobby/go/cc91fda7-4669-. SALT LAKE CITY, Jan. 21, 2021 /PRNewswire/ -- CleanSpark, Inc. (Nasdaq: CLSK), (" CleanSpark, or "the . 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. "LifeMD uses technology to make health care more accessible to people from all walks of life. Did anyone read this? 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. Redwood Scientific Technologies (parent company of RengaLife), Danielle Cadiz (a Redwood executive since December 2016), Advanced Mens Institute Prolongz LLC (Redwoods prior company name), Run Away Products LLC (New York company used to advertise Redwood products) and, Carols Place Limited Partnership (a related asset management limited partnership, owned by the Cardiffs). Yes, it's horrible and I don't know what to do now. Skip to Main Content. Reddit and its partners use cookies and similar technologies to provide you with a better experience. For that matter, changing the name of your company a week before a short attack might make people nervous, too. 1-2, 13). If these claims prove accurate, LifeMD could face the wrath of lawmakers and regulators. The Patriots hoped to gain freedom from Britain, liberty, and equality by winning the war. 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. Culper has no identity other than a webpage, with no information (no address, about us, anything - wonder why the anonymity? On November 15, 2022, Culper Research published a short report on Treace (the "Culper Report"). Buy These 2 Stocks in 2023 and Hold for the Next Decade, Warren Buffett's Latest $2.9 Billion Buy Brings His Total Investment in This Stock to $66 Billion in 4 Years, 2 Stocks That Are About to Make Their Shareholders Richer, Join Over Half a Million Premium Members And Get More In-Depth Stock Guidance and Research, Copyright, Trademark and Patent Information. The publisher of this false . If you can't trust management, or its numbers, you really shouldn't be in a stock. 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. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. For some reason, Jacob appears to be very opposed to crypto which may tie in to Culper's short attacks on $SOS, but that is pure speculation on my part. Published. The report . For most investors the likely risks, as outlined by the Culper Research article, probably outweigh the potential upside in Veru stock. In the near term, anything can happen to a stock price. Prosper Junior Bakiny has no position in any of the stocks mentioned. For best practices on efficiently downloading information from SEC.gov, including the latest EDGAR filings, visit sec.gov/developer. TICKETED EVENTS on Culper Spy Day. The historical nonfiction book i read was titled "George Washington's Secret Six" and it was written by Brian Kilmeade and Don Yaeger. 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. The case is 2:21-cv-01273, Lifemd, Inc et al v. Lamarco et al. 1001 and 1030). Use of Culper Research's ("Culper") research is at your own risk. Youre reading a free article with opinions that may differ from The Motley Fools Premium Investing Services. 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. For security purposes, and to ensure that the public service remains available to users, this government computer system employs programs to monitor network traffic to identify unauthorized attempts to upload or change information or to otherwise cause damage, including attempts to deny service to users. Culper Research alleges that the company appears to use unlicensed doctors to dispense OTC medications. 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. The Motley Fool has a disclosure policy. 2023 InvestorPlace Media, LLC. The Motley Fool has a disclosure policy. The Patriots (colonists) were fighting against the British, in this war. 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. Rivington's association with Culper Jr., and Jr.'s association into the New York City British social environment, clearly places them in contact and since Rivington subsequently provided the British Naval . About Us. Five days later, the short report came public. 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). Mark Hake writes about personal finance on mrhake.medium.com, Newsbreak.com and Beehiiv.com. On the date of publication, Mark R. Hake did not hold any position (either directly or indirectly) in the securities mentioned in this article. However, such information is presented as is, without warranty of any kind whether express or implied. Is this happening to you frequently? 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. At just 150 patients, the trial is a . LifeMD (NASDAQ: LFMD) dropped 16% after a new short report from Culper Research. Criminal Allegations, and an ICO Scam . While the short report is lengthy, here is part of what Culper said. Use of Culper Research's ("Culper") research is at your own risk. Our second option allows you to build your bundle and strategically select the content that pertains to your needs. Home; About us; Contact us; Twitter Seeking Alpha Stocktwits; . But there are some warning signs here. 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. 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. On the other hand, shorts are always future buyers of your stock. The Motley Fool recommends Aterian, Inc. This research guide has detailed information about the university's two Washington letters and provides pathways to research materials on the spy ring. The company generated about $23,100 in revenue for the first half of 2021. All rights reserved. If you have an ad-blocker enabled you may be blocked from proceeding. It's important to remember that there are two sides to every story. On December 3, 2020, Culper tweeted regarding a FOIA request for information from SEC on any investigations into a company called CytoDyn $CYDY. 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.". Alpilean creator (Zach Miller) and medical research editor (Dr. Matthew Gibbs) medically concluded that the longest-lived people on the planet use a "secret trick" on the Alpine ice every night. 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. For more information, please see the SECs Web Site Privacy and Security Policy. 2) In April, $VERU announced Phase III results (without full data) of sabizabulin (VERU-111) in hospitalized COVID-19 patients. 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. For example, if it has to redesign the study and start from scratch the costs could go up. to two felons and two alleged scam artists, all of whom will be free to dump their stock by August. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services. Sometimes when there is "blood in the water" other shorts will jump in as well. Use of Culper Research's("Culper") research is at your own risk. This is set for next Tuesday, May 10. A quick scroll through Culper's website yields very little in the way of personnel or address. Were short sellers putting together a scam? Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. Further, Culper Research thinks LifeMD is engaged in fraudulent and illegal activities that are similar to those of Redwood Scientific, a company that faced severe legal penalties at the hands of . 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"). We scour the stock universe for good ideas and specialize in the technology and healthcare sectors, and in special situations in all sectors. An immediate avalanche of selling started at the open of the 6th, suggesting that news of the basket trial was a bad thing. Copyright 2023 ALM Global, LLC. Click to reserve your spot! Use of Culper Research's ("Culper") research is at your own risk. 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. In this conversation. In no event should Culper or any affiliated party be liable for any direct or indirect trading losses caused by any . By the end of December, when Core filed for Chapter 11 bankruptcy, the firm's stock had plummeted by more than 98%.. *Average returns of all recommendations since inception. 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. 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. 831 Words4 Pages. Veru has not yet officially responded to Culper's accusations, which are worrying. Making the world smarter, happier, and richer. 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. What Is the Best EV Stock to Buy Now? Such holders only profit on such positions when the stock declines and incur potentially unlimited losses if the price does not decline. 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. Yes and no. Just another manipulative scare tactic that I wouldn't be surprised if they use against LifeMD next. Don't miss the crucial news and insights you need to make informed legal decisions. The Motley Fool has no position in any of the stocks mentioned. Im holding on to see the company response. More importantly, I want to know why the stock went from $18 to $12 between the earnings and the short report. 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 . Our focus was and continues to be on acquiring high performing businesses that offer opportunities for growth. *Average returns of all recommendations since inception. The Culper Report expressed the "view that Treace's primary innovation has not been in any sort of . Recognizing innovation in the legal technology sector for working on precedent-setting, game-changing projects and initiatives. Lorem ipsum dolor sit amet, consectetur adipiscing elit. The suit's 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 . 1125 N. Charles St, Baltimore, MD 21201. WOW Very BOLD and INTENSE claims made by Culper Research about Blink Charging Fraud!! 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. The allegations the firm makes are of a nature that most potential investors in Veru stock are likely to read. 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. A company that relies on acquisitions to make its revenue go up can be hiding a sales deterioration in the existing business. I guess my last point is - how much of yesterday's decline is attributed to a short report from a company with a terrible track record vs. attributed to why the stock has declined between the earnings and short report? They have a financial motivation for doing so -- they want the stock price to go down. What Joseph L. 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