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. Our 3 Top Picks. It looks very bad . 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. For more information, contact opendata@sec.gov. He was the original owner of Roe Tavern in Setauket,N.Y. In this conversation. The Great CytoDyn (OTCQB: CYDY) Bear Raid Fails to Impress Veru drops after Culper Research releases a follow up short report "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. Just another manipulative scare tactic that I wouldn't be surprised if they use against LifeMD next. A quick scroll through Culper's website yields very little in the way of personnel or address. Lawyers at Cozen OConnor on Thursday removed a defamation lawsuit against Culper Research and owner Christian Matthew Lamarco to Pennsylvania Western District Court. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services. Core Scientific (NASDAQ: CORZ) fell 3.8% after a new short report from Culper Research. culper research legitmichelle fleury ancestry. 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 . 2) In April, $VERU announced Phase III results (without full data) of sabizabulin (VERU-111) in hospitalized COVID-19 patients. CleanSpark cautions you that statements in this press release that are not a description of historical facts are forward-looking statements. Culperspyday Tri-Spy Tours Culper also . Law Firm Investigating Bitcoin Miner Core Scientific for Alleged Our Team Account subscription service is for legal teams of four or more attorneys. License our industry-leading legal content to extend your thought leadership and build your brand. In reality, they are simply conspiring to drive down the prices of stocks they take short positions in. 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. 2023 InvestorPlace Media, LLC. 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 . 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. exhibit at the Three Village Historical Society. Blink Charging lower after short seller powers in with accusations The company generated about $23,100 in revenue for the first half of 2021. PDF Disclaimer - IA Rugby.com VERU Stock Could Face Difficulties If the Culper Research Report Is Use of Culper Research's ("Culper") research is at your own risk. Don't miss the crucial news and insights you need to make informed legal decisions. Making the world smarter, happier, and richer. Dynamically explore and compare data on law firms, companies, individual lawyers, and industry trends. Join The Legal Intelligencer now! 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. Customer Service| To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. And, the marketing expense for RexMD by Culper is just an "estimate". According to Culper, Aterian acquired the e-commerce brands Mueller, Pursteam, Pohl and Schmitt, and Spiralizer (the "Smash assets") from a convicted felon. By downloading from or viewing material on this website you agree to the following Terms of Service. Pretty brutal. That could potentially be a turning point for Veru stock. Cost basis and return based on previous market day close. 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. It's important to remember that there are two sides to every story. 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. If you can't trust management, or its numbers, you really shouldn't be in a stock. 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. 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. Research is not investment advice nor a recommendation or solicitation to buy securities. Agreed, this is pretty shitty but have to wait for the response. 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. 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. Core Scientific stock drops after new short call from Culper Research The allegations the firm makes are of a nature that most potential investors in Veru stock are likely to read. However, such information is presented as is, without warranty of any kind whether express or implied. Like, within two days of the report, which just adds to the shadiness of the situation. The second major issue the Culper report has with Veru is the quality of management. Some research into Culper Research. Once the rate of requests has dropped below the threshold for 10 minutes, the user may resume accessing content on SEC.gov. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Where This Leaves Investors in Veru Stock. 2 Reasons to Avoid a Roth 401(k) for Your Retirement Savings, Want $1 Million in Retirement? In no event should Culper or any affiliated party be liable for any direct or indirect trading losses caused by any . Law.com Radar publishes daily updates on just-filed federal cases like this one. BLINK $BLNK STOCK | I READ 26 PAGE CULPER RESEARCH - YouTube Making the world smarter, happier, and richer. 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. LFMD execs were not involved, and left the company. CleanSpark Investigating Short Seller Culper Research | Nasdaq CleanSpark, Inc., a Nevada corporation, is in the business of providing advanced software and controls technology solutions to solve modern energy challenges. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. The Motley Fool recommends Aterian, Inc. 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. With this subscription you will receive unlimited access to high quality, online, on-demand premium content from well-respected faculty in the legal industry. 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 . 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. This is set for next Tuesday, May 10. 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. 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.". Not really sure how to end this post, but please let me know think. Did they not look into this and see all this??? Other than that, Culper is a shady short seller that attacks stock on fire with high retail investor base to panic them. If you have an ad-blocker enabled you may be blocked from proceeding. Copyright 2023 Culper Research - All Rights Reserved. Yes, the two executives were at Redwood Scientific. Just went through LifeMD's annual report and they don't break down marketing expenses per business line. Honestly, we are letting them win with this plummeting over-reaction. One concern is that the t otal a ddressable m arket ( TAM) for all forms of . Copyright 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. Reference ID: 0.9d8f1402.1677945178.3b82c472. 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. The SEC logs have not been posted yet for March 2021 requests, but I will update that once they become available. 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. Investors could turn away from the company in droves if the researcher's allegations have merit, however. $10/person - click to reserve your spot! Apparently, this was not the case . Press question mark to learn the rest of the keyboard shortcuts. SEC.gov | HOME SOS Stock: Is it Buy the Bounce or Run Like Hell? For more information, please see the SECs Web Site Privacy and Security Policy. 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. Do these allegations sound legitimate or a . White Diamond Research is a research firm that sells information to hedge funds and high net worth individuals. 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. 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. The historical nonfiction book i read was titled "George Washington's Secret Six" and it was written by Brian Kilmeade and Don Yaeger. 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 inclusion of forward-looking statements should not be regarded as a representation by CleanSpark that any of our plans will be achieved. If these claims prove accurate, LifeMD could face the wrath of lawmakers and regulators. Adam s cook | Culper Capital Partners Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services. The report lists numerous ethical, integrity, and past performance issues with the key personnel running the company. The book talks about a group of spies known as the culper spy ring. Culper on Twitter Culper Research In addition, these transactions were structured as asset purchases only and therefore the founders did not become employees of Aterian. 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. Youre reading a free article with opinions that may differ from The Motley Fools Premium Investing Services. 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. By downloading from or viewing material on this website you agree to the following Terms of Service. 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. Use of Culper Research's ("Culper") research is at your own risk. As incriminating as Culper Research's report looks, LifeMD could well have ready and convincing rebuttals to these accusations.
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