Culper on Twitter Sign up below to get this incredible offer! The Motley Fool has no position in any of the stocks mentioned. 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. According to the accounting firm, the numbers are fine. 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. Agreed, this is pretty shitty but have to wait for the response. The tweet indicated there were two requests submitted; one in May 2020 and another in September 2020. 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. At just 150 patients, the trial is a . . culper research legit - zoom-content.com *Average returns of all recommendations since inception. 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. $10/person - click to reserve your spot! PDF Disclaimer - IA Rugby.com To other RS execs were laundering money (husband and wife). Theres even room for more lines. Feel like going after another group of asshole short sellers trying to screw over us regular investors? That is because $36 includes all of company's business lines, not just RexMD. The lock-up on (9380 Macarthur's) massive 16.2% stake expires in June 2021. The Motley Fool has a disclosure policy. Christian Lamarco - New York, New York, United States - LinkedIn WOW Very BOLD and INTENSE claims made by Culper Research about Blink Charging Fraud!! I do wish to raise two issues: Rivington and my background. The researcher is also highly unimpressed with the executives guiding the company. Create an account to follow your favorite communities and start taking part in conversations. Terms of Service. Investor Alert: Kaplan Fox Investigates Potential - GlobeNewswire News Room VERU Stock Could Face Difficulties If the Culper Research Report Is What Is the Best EV Stock to Buy Now? 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? 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.". culper research legitsan juan airport restaurants hours. Read the complaint here: To view this content, please continue to their sites. CleanSpark, Inc. Investor Relations(801) 244-4405[emailprotected], Cision Distribution 888-776-0942 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. This makes them biased, of course, but no more biased than the shareholders who want the stock to go up. Value oriented and event driven investor. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. PDF Disclaimer - IA Rugby.com Use of Culper Research's ("Culper") research is at your own risk. 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. Once the rate of requests has dropped below the threshold for 10 minutes, the user may resume accessing content on SEC.gov. Please declare your traffic by updating your user agent to include company specific information. For that matter, changing the name of your company a week before a short attack might make people nervous, too. Time to Buy? In reality, they are simply conspiring to drive down the prices of stocks they take short positions in. Will Aterian stock recover from this short attack? Like, within two days of the report, which just adds to the shadiness of the situation. Taylor Carmichael has no position in any of the stocks mentioned. The report points out two major issues: first, the Phase 3 Covid-19 study contains glaring issues, compounded by management misrepresentations.. Please disable your ad-blocker and refresh. 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. Our Compliance bundles are curated by CLE Counselors and include current legal topics and challenges within the industry. By downloading from or viewing material on this website you agree to the following Terms of Service. We think that if BCII was a fully-legitimate operation, then at the least, it would be able to recruit a legitimate lawyer. Our focus was and continues to be on acquiring high performing businesses that offer opportunities for growth. For more information, visit https://ATL-DATA.com. Has anyone attempted to recalculate their marketing cost per website visitor for LFMD vs HIMS. Verified account Protected Tweets @; Suggested users Yes, the two executives were at Redwood Scientific. But that attitude raises a few questions. 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 conduct extensive financial, legal, and other due diligence, including background checks, on our targets. Unlimited access to The Legal Intelligencer, Access to additional free ALM publications, 1 free article* across the ALM subscription network every 30 days, Exclusive discounts on ALM events and publications. I bought this stock after Citron recommended it. Culper Spy Ring Research Paper Intelligence provided by the Culper Spy Ring was instrumental in the defeat of the British during the Revolutionary War. 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. culper research owner - CLARVI In no event should Culper or any affiliated party be liable for any direct or indirect trading losses caused by any . 831 Words4 Pages. 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? Youre reading a free article with opinions that may differ from The Motley Fools Premium Investing Services. 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. Do these allegations sound legitimate or a . 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. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. 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 . Veru has sales revenue from other medical assets it owns. Making the world smarter, happier, and richer. He was the original owner of Roe Tavern in Setauket,N.Y. The Cable Car website is down right now, but does indicate a connection to an investment partnership with the Funicular Fund. 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. Youre reading a free article with opinions that may differ from The Motley Fools Premium Investing Services. Veru drops after Culper Research releases a follow up short report 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.. And, the marketing expense for RexMD by Culper is just an "estimate". 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. 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. Veru 's ( VERU -0.17%) stock dipped by 5.5% on Friday as of 10:49 a.m. 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. The publisher of this false . 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. Culper on Twitter: "Tomorrow's report features two felons, two alleged They short the company, post these reports, and reap the benefits of people over reacting. Veru Shares Move Lower; Culper Research Release Short Report On Stock Culper Research, an activist short-seller that in its words "seek[s] to expose companies which have misrepresented their operations, failed to disclose significant risks, misappropriated capital, possess accounting irregularities, or otherwise deceived investors," published a blistering report on its short position in Veru. 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. Just went through LifeMD's annual report and they don't break down marketing expenses per business line. Mariner Research Group - Deep research in a shallow world The Culper Report expressed the "view that Treace's primary innovation has not been in any sort of . Why would the block trades be significantly lower than current stock price at the time? Are u selling or still holding? This implies that it could end up wasting a lot of its cash if the Phase 3 clinical study is not successful in obtaining FDA EUA approval. The book talks about a group of spies known as the culper spy ring. This drop over the last month or so has torched like 9% of my portfolio, real quick. Short-sellers take aim at Chinese blockchain firm SOS, shares tumble Treace Medical plunges on new short report from Culper Research Town square for LifeMD ($LFMD) stakeholders, Press J to jump to the feed. Nasdaq 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 . 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. 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. For more information, contact opendata@sec.gov. Yes and no. 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. 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. 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. Hindenburg Research - Investigative Research & Reporting The Great CytoDyn (OTCQB: CYDY) Bear Raid Fails to Impress Why Veru Stock Got Dented Today | The Motley Fool In 5 minutes of searching, you can see they take partial truths and exaggerate them. For example, if it has to redesign the study and start from scratch the costs could go up. On April 29, the company rebranded from Mohawk Group Holdings to Aterian. That short-seller didn't mince words about its concerns with the company, which clearly left investors quite spooked about its future. However, the only problem is that there is a research report dated May 2 from a short-seller firm, Culper Research. The allegations the firm makes are of a nature that most potential investors in Veru stock are likely to read. Such statements, estimates, projections and opinionsmay prove to be substantially inaccurate and are inherently subject to significant risks and uncertaintiesbeyond Culper's control. 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. Thus, we assign the incremental $18.0M to RexMD. The report . George Washington's Culper Spy Ring: Separating Fact from Fiction To put bluntly the research report implies that Verus Phase 3 study is not likely to succeed in helping VERU-111 obtain a EUA. Learn More. Just another manipulative scare tactic that I wouldn't be surprised if they use against LifeMD next. 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-Seller's Note is Short on Credibility, LifeMD Says To make the world smarter, happier, and richer. The historical nonfiction book i read was titled "George Washington's Secret Six" and it was written by Brian Kilmeade and Don Yaeger. The Motley Fool has a disclosure policy. 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 . 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. what are you doing after this report? 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. 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. For more information, please see the SECs Web Site Privacy and Security Policy. 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. Aterian Issues Statement on Inaccurate and Misleading Report by Culper