Dont listen to shitron in the first place, that guy is the worst, Did some research, seems like Dr Badii is no longer with RexMD. Veru has a market capitalization of $750 million at $8.46 as of May 6. Significant to regional and national historical narratives, SBU's letters were authored in 1779 and 1780 and document espionage activities in the Three Village area of Long Island, New York, the . Town square for LifeMD ($LFMD) stakeholders, Press J to jump to the feed. Mark Hake writes about personal finance on mrhake.medium.com, Newsbreak.com and Beehiiv.com. 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. It looks very bad . Adam s cook | Culper Capital Partners WOW Very BOLD and INTENSE claims made by Culper Research about Blink Charging Fraud!! The report lists numerous ethical, integrity, and past performance issues with the key personnel running the company. Recognizing innovation in the legal technology sector for working on precedent-setting, game-changing projects and initiatives. CleanSpark, Inc., a Nevada corporation, is in the business of providing advanced software and controls technology solutions to solve modern energy challenges. 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. . On the other hand, the stock dropped 25% last week and the company felt the need to respond to the allegation. 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. 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? Law.com Radar publishes daily updates on just-filed federal cases like this one. 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. 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. How valuable are the assets if you can't trust the sales numbers? George Washington's Secret Six By Brian Kilmeade | ipl.org "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. 5 Hypergrowth Stocks With 10X Potential in 2023, Robert Bollinger: Meet the Man Behind Mullens Push Into Commercial EVs, A.I. The historical nonfiction book i read was titled "George Washington's Secret Six" and it was written by Brian Kilmeade and Don Yaeger. Join The Legal Intelligencer now! 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. Core Scientific Short report by Culper research Deep Dive As incriminating as Culper Research's report looks, LifeMD could well have ready and convincing rebuttals to these accusations. Target Stock is Down Nearly 40% From Its High. But there are some warning signs here. Spying is a secret business and thus research into it is most difficult. 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.". And 9380 has actually been buying more stock in Aterian since it was acquired by the company. With this subscription you will receive unlimited access to high quality, online, on-demand premium content from well-respected faculty in the legal industry. Reference ID: 0.9d8f1402.1677945178.3b82c472. 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. 1-2, 13). The Culper Report expressed the "view that Treace's primary innovation has not been in any sort of . In this conversation. 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. 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. 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. 2) In April, $VERU announced Phase III results (without full data) of sabizabulin (VERU-111) in hospitalized COVID-19 patients. An immediate avalanche of selling started at the open of the 6th, suggesting that news of the basket trial was a bad thing. Investigation Alert: Kessler Topaz Meltzer & Check, LLP is culper research legit Also, apparently, most of the patients in the study were outside of the U.S. Thus, we assign the incremental $18.0M to RexMD. u/wallstreetbets crowd? Investors might want to watch out. Telehealth Co. Accuses Short Sellers Of Defamation-For-Profit 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 . The second major issue the Culper report has with Veru is the quality of management. If you have an ad-blocker enabled you may be blocked from proceeding. Why would the block trades be significantly lower than current stock price at the time? This makes them biased, of course, but no more biased than the shareholders who want the stock to go up. 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 . Tickets are limited. In reality, they are simply conspiring to drive down the prices of stocks they take short positions in. 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. White Diamond Research is a research firm that sells information to hedge funds and high net worth individuals. The problem is it has just $116.1 million in cash as of Dec. 31 and is burning . best hunting game for oculus quest 2 culper research legit. The SEC logs have not been posted yet for March 2021 requests, but I will update that once they become available. The Motley Fool has no position in any of the stocks mentioned. 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. 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. Through its wholly owned subsidiary ATL Data Centers LLC, CleanSpark owns and operates a data center that provides customers with traditional on-site and cloud-based data center services. By downloading from or viewing material on this website you agree to the following Terms of Service. Short-Seller's Note is Short on Credibility, LifeMD Says All rights reserved. According to Culper, Aterian acquired the e-commerce brands Mueller, Pursteam, Pohl and Schmitt, and Spiralizer (the "Smash assets") from a convicted felon. 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. Culper also . 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. 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. The Motley Fool has a disclosure policy. 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%. 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 . Does someone more knowledgeable than me have any insight into these numbers ? 1125 N. Charles St, Baltimore, MD 21201. Overall, it's been ~15 years since I've seen a decent group go after microtubules in cancer. For more information, visit https://ATL-DATA.com. *Average returns of all recommendations since inception. Getting The Talent Balance Right: From Layoffs to Laterals to Mergers, How Can Firms Staff for Success? Jan 21, 2021 1:53PM EST. By using this site, you are agreeing to security monitoring and auditing. The book talks about a group of spies known as the culper spy ring. The industry-leading media platform offering competitive intelligence to prepare for today and anticipate opportunities for future success. They short the company, post these reports, and reap the benefits of people over reacting. SEC.gov | HOME Culper alleges that Core Scientific "wildly oversold" both its mining and hosting business. CleanSpark plans to apply its technologies with a goal of mining bitcoins at the lowest energy prices in the United States. Treace Shareholder Action Reminder - Treace Medical Concepts (NASDAQ I did some deeper digging though using SEC FOIA request logs and Culper's own posts on twitter in an attempt to pull back the curtain a bit. To other RS execs were laundering money (husband and wife). 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. 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. Pretty brutal. "We believe that the Company has . 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. 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. About Us| This cant be right ? culper research legit - creditsolutionexperts.com Cost basis and return based on previous market day close. For instance, Culper Research alleges that LifeMD presents misleading information regarding its network of doctors and even uses unlicensed professionals "to dispense OTC medication.". LFMD execs were not involved, and left the company. 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. In 5 minutes of searching, you can see they take partial truths and exaggerate them. So the names of the defendants in the lawsuit against Redwood were as follows. Cost basis and return based on previous market day close. Once the rate of requests has dropped below the threshold for 10 minutes, the user may resume accessing content on SEC.gov. Culper has no identity other than a webpage, with no information (no address, about us, anything - wonder why the anonymity? By downloading from or viewing material on this website you agree to the following Terms of Service. CleanSpark Investigating Short Seller Culper Research. We look for stocks with the potential for big moves in the near future up or down. Note: We do not offer technical support for developing or debugging scripted downloading processes. 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. culper research owner - CLARVI I Got the 'SOS', So Here's My Take on the Stock's Saga On the date of publication, Mark R. Hake did not hold any position (either directly or indirectly) in the securities mentioned in this article. 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. You can also sign up for email updates on the SEC open data program, including best practices that make it more efficient to download data, and SEC.gov enhancements that may impact scripted downloading processes. Copyright 2023 ALM Global, LLC. Veru drops after Culper Research releases a follow up short report Culper on Twitter: "Tomorrow's report features two felons, two alleged 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). Thank you for your interest in the U.S. Securities and Exchange Commission. 1125 N. Charles St, Baltimore, MD 21201. 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. Nevertheless, if somehow the FDA does give its Covid-19 vaccine a EUA, all bets are off on the stock. Time to Buy? Invest better with The Motley Fool. That's what happened to the shorts in the Gamestopfrenzy earlier this year. So let's take a look at what Culper is saying about Aterian. 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. We scour the stock universe for good ideas and specialize in the technology and healthcare sectors, and in special situations in all sectors. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services. Nonetheless the six month delay in reporting is worrisome. 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 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 . No LFMD executives were charged. Kick the day off with a 9:00 a.m. walking tour led by Tri-Spy Tours! 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. Culperspyday Tri-Spy Tours Youre reading a free article with opinions that may differ from The Motley Fools Premium Investing Services. Published. 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. Value oriented and event driven investor. 2 Reasons to Avoid a Roth 401(k) for Your Retirement Savings, Want $1 Million in Retirement? Youre reading a free article with opinions that may differ from The Motley Fools Premium Investing Services. According to the accounting firm, the numbers are fine. A company that relies on acquisitions to make its revenue go up can be hiding a sales deterioration in the existing business. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services. About Us. PDF Disclaimer - IA Rugby.com Agreed, this is pretty shitty but have to wait for the response. We think that if BCII was a fully-legitimate operation, then at the least, it would be able to recruit a legitimate lawyer. Copyright 2023 Culper Research - All Rights Reserved. Did anyone read this? 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. Verified account Protected Tweets @; Suggested users Aterian (f.k.a. 831 Words4 Pages. 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. 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. Veru has a market capitalization of $750 million at $8.46 as of May 6. 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. Are the Short Sellers Right About Aterian? | The Motley Fool - Nasdaq However, such information is presented as is, without warranty of any kind whether express or implied. The Xometry Short Report. If You Invested $1,000 in Veru in 2020, This Is How Much You Would Have Today, 2 Reasons to Avoid a Roth 401(k) for Your Retirement Savings, Want $1 Million in Retirement? Copyright 2023 InvestorPlace Media, LLC. Managing Partner, Chief Investment Officer. The problem is it has just $116.1 million in cash as of Dec. 31 and is burning through its cash. Veru Shares Move Lower; Culper Research Release Short Report On Stock Youre reading a free article with opinions that may differ from The Motley Fools Premium Investing Services. Has anyone attempted to recalculate their marketing cost per website visitor for LFMD vs HIMS. One of the nice things about shorts is that you can always count on them to bring up every possible negative about a stock. To put bluntly the research report implies that Verus Phase 3 study is not likely to succeed in helping VERU-111 obtain a EUA. 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. Veru has sales revenue from other medical assets it owns. BLINK $BLNK STOCK | I READ 26 PAGE CULPER RESEARCH - YouTube Mr. Adam S. Cook is a co-founder and Chief Investment Officer at Culper Capital Partners ("CCP").