Culper also . 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 . Clickhereto get started and be first to know about new suits in your region, practice area or client sector. On the other hand, the stock dropped 25% last week and the company felt the need to respond to the allegation. 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. If these claims prove accurate, LifeMD could face the wrath of lawmakers and regulators. The company generated about $23,100 in revenue for the first half of 2021. CleanSpark Investigating Short Seller Culper Research. The two short-sellers claimed that SOS stock was an . To other RS execs were laundering money (husband and wife). Other than that, Culper is a shady short seller that attacks stock on fire with high retail investor base to panic them. Agreed, this is pretty shitty but have to wait for the response. For example, if it has to redesign the study and start from scratch the costs could go up. Guys, this is a classic short attack. Thus, we assign the incremental $18.0M to RexMD. Alpilean Reviews 2023 - Scam or Legit (Update Alpilean Supplement 2023 For accurate information about the Company, Shareholders should refer to the Company's disclosure documents filed with U.S. Securities and Exchange Commission, which are available online under the Company's EDGAR profile atwww.sec.govor on the Investor Relations tab of the Company's website atwww.CleanSpark.com. LifeMD falls after new short call from Culper Research 1125 N. Charles St, Baltimore, MD 21201. The Company also owns and operates a fleet of over 3,400 ASIC (application-specific integrated circuit) Bitcoin miners producing over 200 PH/s in mining capacity. Customer Service| Thissuit was surfacedby Law.com Radar, a source for high-speed legal news and litigation updates personalized to your practice. Lawsuit filed for Investors in shares of SOS Limited (NYSE: SOS) 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). 2023 InvestorPlace Media, LLC. Home - George Washington and the Culper Spy Ring - Research & Subject *Average returns of all recommendations since inception. LFMD execs were not involved, and left the company. The Patriots hoped to gain freedom from Britain, liberty, and equality by winning the war. All Rights Reserved. https://www.google.com/amp/s/seekingalpha.com/amp/news/3681732-lifemd-falls-after-new-short-call-from-culper-research. On the date of publication, Mark R. Hake did not hold any position (either directly or indirectly) in the securities mentioned in this article. By downloading from or viewing material on this website you agree to the following Terms of Service. Treace Investor Alert - Treace Medical Concepts (NASDAQ:TMCI) The Motley Fool has no position in any of the stocks mentioned. Use of Culper Research's ("Culper") research is at your own risk. "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." Why Veru Stock Plummeted on Monday | The Motley Fool The industry-leading media platform offering competitive intelligence to prepare for today and anticipate opportunities for future success. By the end of December, when Core filed for Chapter 11 bankruptcy, the firm's stock had plummeted by more than 98%.. Credit Solution Experts Incorporated offers quality business credit building services, which includes an easy step-by-step system designed for helping clients build their business credit effortlessly. Has anyone attempted to recalculate their marketing cost per website visitor for LFMD vs HIMS. Aterian Issues Statement on Inaccurate and Misleading Report by Culper Don't miss the crucial news and insights you need to make informed legal decisions. They have a financial motivation for doing so -- they want the stock price to go down. The second major issue the Culper report has with Veru is the quality of management. We conduct extensive financial, legal, and other due diligence, including background checks, on our targets. 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 allegations the firm makes are of a nature that most potential investors in Veru stock are likely to read. In 5 minutes of searching, you can see they take partial truths and exaggerate them. The opinions expressed in this article are those of the writer, subject to theInvestorPlace.comPublishing Guidelines. While the short report is lengthy, here is part of what Culper said. 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. Tickets are limited. Culper on Twitter 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. 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. Nasdaq Reddit and its partners use cookies and similar technologies to provide you with a better experience. CTO Pedretti - Co-Founded Airlight Energy, Which Went Bankrupt and Faces Fraud Accusations Prior to co -founding Energy . Youre reading a free article with opinions that may differ from The Motley Fools Premium Investing Services. This is set for next Tuesday, May 10. Use of Culper Research's("Culper") research is at your own risk. License our industry-leading legal content to extend your thought leadership and build your brand. 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! Culper on Twitter Core Scientific (NASDAQ: CORZ) fell 3.8% after a new short report from Culper Research. BLINK $BLNK STOCK | I READ 26 PAGE CULPER RESEARCH - YouTube The members of the culper spy ring are an excellent example of the ordinary people that risked their lives to create . 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. The lock-up on (9380 Macarthur's) massive 16.2% stake expires in June 2021. SEC.gov | HOME Veru drops after Culper Research releases a follow up short report The report lists numerous ethical, integrity, and past performance issues with the key personnel running the company. Some research into Culper Research : r/LFMD - reddit 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. 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. A recent report by Culper Research contains numerous false and misleading statements about our company. Learn More. 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. Join The Legal Intelligencer now! Why LifeMD Stock Is Getting Crushed Today | The Motley Fool 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 Investigating Short Seller Culper Research | Nasdaq 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. Theres even room for more lines. White Diamond Research | About Us Will Aterian stock recover from this short attack? Time to Buy? 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. Making the world smarter, happier, and richer. The Culper Ring During The Revolutionary War | ipl.org I took a deep look into the Culper Research short report and this is what I found.Culper Research short report on Core Scientifichttps://img1.wsimg.com/blobb. 1-2, 13). 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? The Motley Fool recommends Aterian, Inc. Investors could turn away from the company in droves if the researcher's allegations have merit, however. Culper Research also notes that some of LifeMD's current executives were implicated in the Redwood scandal, either as employees of the company directly involved in these crimes or as major shareholders. It stinks like a skunk to me, but Im not smart. Also, did you notice that there are now at least half a dozen law firms trolling for members to a class action lawsuit against Life? For instance, Culper Research alleges that LifeMD presents misleading information regarding its network of doctors and even uses unlicensed professionals "to dispense OTC medication.". 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. 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 . Law.com Radar publishes daily updates on just-filed federal cases like this one. $10/person - Space is limited. For most investors the likely risks, as outlined by the Culper Research article, probably outweigh the potential upside in Veru stock. Learn More. George Washington and the Culper Spy Ring - Stony Brook University ET after the short-selling group Culper Research published a new report criticizing the company's latest clinical trial . 5 Hypergrowth Stocks With 10X Potential in 2023, Robert Bollinger: Meet the Man Behind Mullens Push Into Commercial EVs, A.I. Defamation Suit Against Research Company Over Alleged 'Short-and Managing Partner, Chief Investment Officer. Sign up below to get this incredible offer! Jan 21, 2021 1:53PM EST. 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. https://www.law.com/thelegalintelligencer/2021/09/27/defamation-suit-against-research-company-over-alleged-short-and-distort-stock-scheme-alert-moves-to-fed-court/. Prosper Junior Bakiny has no position in any of the stocks mentioned. culper research legit - creditsolutionexperts.com Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services. 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. $10/person - click to reserve your spot! Our Compliance bundles are curated by CLE Counselors and include current legal topics and challenges within the industry. Since RexMD's founding, sales and marketing have ballooned to $20.0M in Q4 2020. George Washington's Secret Six By Brian Kilmeade | ipl.org However, the only problem is that there is a research report dated May 2 from a short-seller firm, Culper Research. Research is not investment advice nor a recommendation or solicitation to buy securities. Press question mark to learn the rest of the keyboard shortcuts. *Average returns of all recommendations since inception. 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. Our 3 Top Picks. CleanSpark, Inc. Investor Relations(801) 244-4405[emailprotected], Cision Distribution 888-776-0942 Law Firm Investigating Bitcoin Miner Core Scientific for Alleged Also, apparently, most of the patients in the study were outside of the U.S. 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. Cost basis and return based on previous market day close. Culper Research 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. 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. exhibit at the Three Village Historical Society. Research Materials about George Washington, the Culper Spy Ring, and the American Revolutionary War. Veru has a market capitalization of $750 million at $8.46 as of May 6. The Motley Fool has a disclosure policy. TICKETED EVENTS on Culper Spy Day. Culper on Twitter: "Tomorrow's report features two felons, two alleged Aterian (f.k.a. But they were not involved in any fraudulent activity. 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 . Create an account to follow your favorite communities and start taking part in conversations. 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. A company that relies on acquisitions to make its revenue go up can be hiding a sales deterioration in the existing business. 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. About Us. 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. To allow for equitable access to all users, SEC reserves the right to limit requests originating from undeclared automated tools. 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. 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. 1125 N. Charles St, Baltimore, MD 21201. 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. Treace Shareholder Action Reminder - Treace Medical Concepts (NASDAQ And, the marketing expense for RexMD by Culper is just an "estimate". "We believe that the Company has . However, such information is presented as is, without warranty of any kind whether express or implied. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. Read the complaint here: To view this content, please continue to their sites. The report . 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. At just 150 patients, the trial is a . Here is what I think: These scumbags are going after companies with low institutional/high retail stocks that are on fire, to take advantage of panic. 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. Please disable your ad-blocker and refresh. Mr. Adam S. Cook is a co-founder and Chief Investment Officer at Culper Capital Partners ("CCP"). The publication of the report and the tweet thread come hot on the heels of the news that the Food and Drug Administration (FDA) has set a pre-Emergency Use Authorization (EUA) meeting date to discuss that phase 3 study data. On April 29, the company rebranded from Mohawk Group Holdings to Aterian. I'd love to hear your thoughts on what I've found below and hopefully help connect some of these dots. According to the accounting firm, the numbers are fine. We reserve the right to block IP addresses that submit excessive requests. In reality, they are simply conspiring to drive down the prices of stocks they take short positions in. What kind of manipulation and block trades? A quick scroll through Culper's website yields very little in the way of personnel or address. The Culper Spy Rings was a spy network started by George Washington to get information about the British, during the Revolutionary War. If you have an ad-blocker enabled you may be blocked from proceeding. WOW Very BOLD and INTENSE claims made by Culper Research about Blink Charging Fraud!! Use of Culper Research's ("Culper") research is at your own risk. 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. On Friday, Hindenburg Research and Culper Research released scathing reports on SOS Ltd (NYSE: SOS ), a Chinese cryptocurrency mining company. Dynamically explore and compare data on law firms, companies, individual lawyers, and industry trends. 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 . 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. This makes them biased, of course, but no more biased than the shareholders who want the stock to go up. 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. Why would the block trades be significantly lower than current stock price at the time? Sucks. 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. Your article was successfully shared with the contacts you provided. Making the world smarter, happier, and richer. 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.