A Hermit's Retreat Eve, Articles C

By the end of December, when Core filed for Chapter 11 bankruptcy, the firm's stock had plummeted by more than 98%.. These activities include "unlawful autoshipping, abusive telemarketing, and false claims of its products." The Motley Fool has no position in any of the stocks mentioned. Thus, we assign the incremental $18.0M to RexMD. 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. That could potentially be a turning point for Veru stock. 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. 10 czerwca 2022 On December 3, 2020, Culper tweeted regarding a FOIA request for information from SEC on any investigations into a company called CytoDyn $CYDY. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof, and we undertake no obligation to revise or update this press release to reflect events or circumstances after the date hereof. 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. And changing your chief financial officer in the midst of this doesn't exactly reassure. That request was submitted in December 2020 and according to the SEC FOIA request logs, was done so by a Jeff Bourland linkedin on behalf of an unknown entity, perhaps the "Family Office" listed on his Linkedin. Culper Research | Learn more about Christian Lamarco's work experience, education, connections & more by visiting their profile on LinkedIn CleanSpark Investigates Anonymous Short Seller. It seems clear to us that this report is an attempt by a short seller to negatively impact . I do wish to raise two issues: Rivington and my background. Hindenburg Research - Investigative Research & Reporting Our focus was and continues to be on acquiring high performing businesses that offer opportunities for growth. Learn More. 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. 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. The Company will vigorously and relentlessly defend itself against these actions and against the kind of baseless accusations made by those behind the "report." What kind of manipulation and block trades? When typing in this field, a list of search results will appear and be automatically updated as you type. The Patriots hoped to gain freedom from Britain, liberty, and equality by winning the war. More recently, Culper tweeted the response from SEC on a FOIA request for records pertaining to any investigations into OrthoPediatrics Corp., $KIDS. Invest better with The Motley Fool. Core Scientific (NASDAQ: CORZ) fell 3.8% after a new short report from Culper Research. *Average returns of all recommendations since inception. Use of Culper Research's ("Culper") research is at your own risk. In no event should Culper or any affiliated party be liable for any direct or indirect trading losses caused by any . SOS Stock: Is it Buy the Bounce or Run Like Hell? 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." In addition, these transactions were structured as asset purchases only and therefore the founders did not become employees of Aterian. Not a Bloomberg Law Subscriber?Subscribe Now. Pretty brutal. The Motley Fool has a disclosure policy. Time to Buy? Law Firm Investigating Bitcoin Miner Core Scientific for Alleged 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. A recent report by Culper Research contains numerous false and misleading statements about our company. The Motley Fool has a disclosure policy. Thank you for your interest in the U.S. Securities and Exchange Commission. This cant be right ? Nasdaq Terms of Service. 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. Telehealth Co. Accuses Short Sellers Of Defamation-For-Profit To allow for equitable access to all users, SEC reserves the right to limit requests originating from undeclared automated tools. In the near term, anything can happen to a stock price. The Culper Report expressed the "view that Treace's primary innovation has not been in any sort of . 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. Holders of short positions trade on an expected decline in the price of a stock. This is set for next Tuesday, May 10. By downloading from or viewing material on this website you agree to the following Terms of Service. 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). Create an account to follow your favorite communities and start taking part in conversations. To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. Use of Culper Research's ("Culper") research is at your own risk. Investigation Alert: Kessler Topaz Meltzer & Check, LLP is Only bright sides I can see are that none of the allegations suggest that the revenue is fake, so were still talking about a company poised to do $90M in rev this year, and that management will know theyre under a microscope and should be incentivized to clean up their act. Is this happening to you frequently? 2 Reasons to Avoid a Roth 401(k) for Your Retirement Savings, Want $1 Million in Retirement? 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. 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. White Diamond Research is a research firm that sells information to hedge funds and high net worth individuals. Docent led tours every 30 minutes of the Spies! 1001 and 1030). Value oriented and event driven investor. The case is 2:21-cv-01273, Lifemd, Inc et al v. Lamarco et al. Published on June 1, 2022 June 3, 2022. 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. White Diamond Research | About Us Jan 21, 2021 1:53PM EST. 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. Reddit and its partners use cookies and similar technologies to provide you with a better experience. About Us. But they were not involved in any fraudulent activity. culper research legitsan juan airport restaurants hours. 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. What Is the Best EV Stock to Buy Now? Learn More. Research Materials about George Washington, the Culper Spy Ring, and the American Revolutionary War. Apparently, this was not the case . quotes delayed at least 15 minutes, all others at least 20 minutes. Christian Lamarco - New York, New York, United States - LinkedIn Toggle Navigation Hindenburg Research. The allegations the firm makes are of a nature that most potential investors in Veru stock are likely to read. Customer Service| Adam s cook | Culper Capital Partners 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. Both options are priced the same. They have a financial motivation for doing so -- they want the stock price to go down. That's $100 million you paid. Link to CULPER RESEARCH https://img1.wsimg.com/blobby/go/cc91fda7-4669-. 1-2, 13). Sign up below to get this incredible offer! 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. Such holders only profit on such positions when the stock declines and incur potentially unlimited losses if the price does not decline. Press question mark to learn the rest of the keyboard shortcuts. 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. 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. One of the nice things about shorts is that you can always count on them to bring up every possible negative about a stock. Investors could turn away from the company in droves if the researcher's allegations have merit, however. In December 2020, Aterian purchased 9380 Macarthur LLC ("the Smash Assets") from (a) convicted felonwho also appears to be late on $4.1 million of taxes to the State of California. The Culper Spy Ring was assembled in 1778 by Major Benjamin Tallmadge (alias, John Bolton/721) at the request of General George Washington (711) and operated on Long Island (728) and New York City (727) during the . You agree that the information on this website is copyrighted, and you therefore agree not to distribute this information (whether the downloaded file, copies / images / reproductions, or the link to these files) in any manner other than by providing the following link http://www.culperresearch.com The failure of Culper to exercise or enforce any right or provision of these Terms of Service shall not constitute a waiver of this right or provision. culper research legit - creditsolutionexperts.com If any provision of these Terms of Service is found by a court of competent jurisdiction to be invalid, the parties nevertheless agree that the court should endeavor to give effect to the parties intentions as reflected in the provision and rule that the other provisions of these Terms of Service remain in full force and effect, in particular as to this governing law and jurisdiction provision. LFMD execs were not involved, and left the company. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. Prior to co-founding Culper Capital Partners, he served as Majority Shareholder, Chairman & CEO of Glebar Company ("Glebar"), a role which he held from April 2013 to March 2020. from 8 AM - 9 PM ET. Town square for LifeMD ($LFMD) stakeholders, Press J to jump to the feed. 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. Home - George Washington and the Culper Spy Ring - Research & Subject *Average returns of all recommendations since inception. 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 . 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. The Patriots (colonists) were fighting against the British, in this war. What Joseph L. Rini Knows, Attorney Rachel Y. Marshall A Pillar of Strength for the Community, SpotDraft Raises $26 Million in Series A Funding for AI-Powered Legal Software. For best practices on efficiently downloading information from SEC.gov, including the latest EDGAR filings, visit sec.gov/developer. LexisNexis and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. If Justin and Stefan were involved in anyway they would have been on the list of named defendants. Culperspyday Tri-Spy Tours 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 . For more information, please see the SECs Web Site Privacy and Security Policy. While the short report is lengthy, here is part of what Culper said. 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. However, such information is presented as is, without warranty of any kind whether express or implied. That is because $36 includes all of company's business lines, not just RexMD. 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. In reality, they are simply conspiring to drive down the prices of stocks they take short positions in. In this conversation. "LifeMD uses technology to make health care more accessible to people from all walks of life. On November 15, 2022, Culper Research published a short report on Treace (the "Culper Report"). 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 . 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.". By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. 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%. Prosper Junior Bakiny has no position in any of the stocks mentioned. 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.". George Washington and the Culper Spy Ring - Stony Brook University culper research legit 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. Tickets are limited. Did they not look into this and see all this??? Kick the day off with a 9:00 a.m. walking tour led by Tri-Spy Tours! Culper has no identity other than a webpage, with no information (no address, about us, anything - wonder why the anonymity? Making the world smarter, happier, and richer. to two felons and two alleged scam artists, all of whom will be free to dump their stock by August. Five days later, the short report came public. ET after the short-selling group Culper Research published a new report criticizing the company's latest clinical trial . The two short-sellers claimed that SOS stock was an . On the date of publication, Mark R. Hake did not hold any position (either directly or indirectly) in the securities mentioned in this article. 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 . 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. 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. What should investors make of the allegations brought forth by Culper Research? u/wallstreetbets crowd? 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 . 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.. Although we identified the historical legal concerns raised in the report, they were unrelated to the acquired businesses. We reserve the right to block IP addresses that submit excessive requests. This research guide has detailed information about the university's two Washington letters and provides pathways to research materials on the spy ring. CleanSpark, Inc., a Nevada corporation, is in the business of providing advanced software and controls technology solutions to solve modern energy challenges. Why LifeMD Stock Is Getting Crushed Today | The Motley Fool According to Culper, Aterian acquired the e-commerce brands Mueller, Pursteam, Pohl and Schmitt, and Spiralizer (the "Smash assets") from a convicted felon. 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). Skip to Main Content. That short-seller didn't mince words about its concerns with the company, which clearly left investors quite spooked about its future. CleanSpark Investigating Short Seller Culper Research - PR Newswire