Nasdaq The Cable Car website is down right now, but does indicate a connection to an investment partnership with the Funicular Fund. With Such Low Win Rates, Should Law Firms Respond to So Many RFPs? Getting The Talent Balance Right: From Layoffs to Laterals to Mergers, How Can Firms Staff for Success? 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. Note: We do not offer technical support for developing or debugging scripted downloading processes. The Xometry Short Report. To make the world smarter, happier, and richer. Culper also . Mr. Adam S. Cook is a co-founder and Chief Investment Officer at Culper Capital Partners ("CCP"). But they were not involved in any fraudulent activity. With this subscription you will receive unlimited access to high quality, online, on-demand premium content from well-respected faculty in the legal industry. Did these scumbags have any insider information? For more information, please see the SECs Web Site Privacy and Security Policy. 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. Feel like going after another group of asshole short sellers trying to screw over us regular investors? Veru Shares Move Lower; Culper Research Release Short Report On Stock Value oriented and event driven investor. This drop over the last month or so has torched like 9% of my portfolio, real quick. 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. Veru Stock Could Face Difficulties If the Culper Research Report Is True Invest better with The Motley Fool. The Motley Fool has no position in any of the stocks mentioned. Aterian issued a press release to respond to the short attack. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. Our 3 Top Picks. 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. Press question mark to learn the rest of the keyboard shortcuts. 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. For more information, visit https://ATL-DATA.com. Your article was successfully shared with the contacts you provided. Culper on Twitter: "It appears $LFMD is once again attempting to bury 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. Invest better with The Motley Fool. 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. Nevertheless, if somehow the FDA does give its Covid-19 vaccine a EUA, all bets are off on the stock. LifeMD (NASDAQ: LFMD) dropped 16% after a new short report from Culper Research. 831 Words4 Pages. In the near term, anything can happen to a stock price. 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. In no event should Culper or any affiliated party be liable for any direct or indirect trading losses caused by any . 1125 N. Charles St, Baltimore, MD 21201. 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. 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. What kind of manipulation and block trades? 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. Culper Research 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. Although we identified the historical legal concerns raised in the report, they were unrelated to the acquired businesses. 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! Honestly, we are letting them win with this plummeting over-reaction. The complaint, over an alleged short-and-distort stock scheme, was filed by Gordon Rees Scully Mansukhani on behalf of LifeMD Inc., CEO Justin Schreiber and CTO Stefan Galluppi. 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 tweet indicated there were two requests submitted; one in May 2020 and another in September 2020. Just went through LifeMD's annual report and they don't break down marketing expenses per business line. On the other hand, the stock dropped 25% last week and the company felt the need to respond to the allegation. For example, if it has to redesign the study and start from scratch the costs could go up. Home; About us; Contact us; Twitter Seeking Alpha Stocktwits; . Are the Short Sellers Right About Aterian? | The Motley Fool - Nasdaq This cant be right ? Culper on Twitter LFMD responded to short report, denying the claims and will report something in detail soon. Culper Spy Ring Thesis - 167 Words | Bartleby CleanSpark Investigating Short Seller Culper Research | Nasdaq "LifeMD uses technology to make health care more accessible to people from all walks of life. Jan 21, 2021 1:53PM EST. 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 Motley Fool has a disclosure policy. 2023 InvestorPlace Media, LLC. Do these allegations sound legitimate or a . LFMD execs were not involved, and left the company. Defamation Suit Against Research Company Over Alleged 'Short-and Telehealth Co. Accuses Short Sellers Of Defamation-For-Profit Lawsuit filed for Investors in shares of SOS Limited (NYSE: SOS) Core Scientific stock drops after new short call from Culper Research That is because $36 includes all of company's business lines, not just RexMD. The members of the culper spy ring are an excellent example of the ordinary people that risked their lives to create . Not really sure how to end this post, but please let me know think. 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. Is this a bad sign for your stock? 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. This research guide has detailed information about the university's two Washington letters and provides pathways to research materials on the spy ring. 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. CLEANSPARK INVESTIGATING SHORT SELLER CULPER RESEARCH . For most investors the likely risks, as outlined by the Culper Research article, probably outweigh the potential upside in Veru stock. 5 Hypergrowth Stocks With 10X Potential in 2023, Robert Bollinger: Meet the Man Behind Mullens Push Into Commercial EVs, A.I. Sometimes when there is "blood in the water" other shorts will jump in as well. 2 Reasons to Avoid a Roth 401(k) for Your Retirement Savings, Want $1 Million in Retirement? However, such information is presented as is, without warranty of any kind whether express or implied. 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. The Motley Fool has a disclosure policy. Plaintiffs also allege that "on information and belief, Lamarco is the sole member of Culper Research; owns and controls Culper Research; and, at all relevant times, directed, authorized, and/or was responsible for false and defamatory statements made about, and tortious acts against, Plaintiffs by Culper Research." (ECF No. Spying is a secret business and thus research into it is most difficult. On Friday, Hindenburg Research and Culper Research released scathing reports on SOS Ltd (NYSE: SOS ), a Chinese cryptocurrency mining company. Culperspyday Tri-Spy Tours Just another manipulative scare tactic that I wouldn't be surprised if they use against LifeMD next. I need to wait for management's response and the Q1 earnings release to really make an opinion on the merits of this short report. Please disable your ad-blocker and refresh. 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 other RS execs were laundering money (husband and wife). We conduct extensive financial, legal, and other due diligence, including background checks, on our targets. 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. Culper Short Report : r/LFMD - reddit 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. The problem is this is a highly speculative play for most investors. 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. We scour the stock universe for good ideas and specialize in the technology and healthcare sectors, and in special situations in all sectors. Treace Shareholder Action Reminder - Treace Medical Concepts (NASDAQ I do wish to raise two issues: Rivington and my background. George Washington's Secret Six By Brian Kilmeade | ipl.org Docent led tours every 30 minutes of the Spies! The report lists numerous ethical, integrity, and past performance issues with the key personnel running the company. 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. How valuable are the assets if you can't trust the sales numbers? Learn More. The industry-leading media platform offering competitive intelligence to prepare for today and anticipate opportunities for future success. 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? 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. 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. Home - George Washington and the Culper Spy Ring - Research & Subject 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. Yes and no. These activities include "unlawful autoshipping, abusive telemarketing, and false claims of its products." Copyright 2023 ALM Global, LLC. We think that if BCII was a fully-legitimate operation, then at the least, it would be able to recruit a legitimate lawyer. The inclusion of forward-looking statements should not be regarded as a representation by CleanSpark that any of our plans will be achieved. To make the world smarter, happier, and richer. $3.6MM ADDITIONAL, PREVIOUSLY CONCEALED, RELATED PARTY - Yahoo! 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. Investors could turn away from the company in droves if the researcher's allegations have merit, however. Copyright 2023 InvestorPlace Media, LLC. That's $100 million you paid. 10 czerwca 2022 For more information, contact opendata@sec.gov. 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 research legitsan juan airport restaurants hours. And 9380 has actually been buying more stock in Aterian since it was acquired by the company. If you have an ad-blocker enabled you may be blocked from proceeding. Target Stock is Down Nearly 40% From Its High. CleanSpark Investigating Short Seller Culper Research - PR Newswire 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 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." Here's what the company said in part. Investors might want to watch out. Law.com Radar publishes daily updates on just-filed federal cases like this one. 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. However, such information is presented as is, without warranty of any kind whether express or implied. I've never heard of an ad $ per website visit metric before and am not really sure it's value in any case. Five days later, the short report came public. Why Veru Stock Plummeted on Monday | The Motley Fool Also he was allowed to treat patients via telehealth telehealth while on probation (src). 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. 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.
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