The researcher is also highly unimpressed with the executives guiding the company. Invest better with The Motley Fool. best hunting game for oculus quest 2 culper research legit. In the near term, anything can happen to a stock price. The Patriots hoped to gain freedom from Britain, liberty, and equality by winning the war. culper research legitsan juan airport restaurants hours. The members of the culper spy ring are an excellent example of the ordinary people that risked their lives to create . Press question mark to learn the rest of the keyboard shortcuts. from 8 AM - 9 PM ET. Pretty brutal. To other RS execs were laundering money (husband and wife). The company generated about $23,100 in revenue for the first half of 2021. This drop over the last month or so has torched like 9% of my portfolio, real quick. And, the marketing expense for RexMD by Culper is just an "estimate". Honestly, we are letting them win with this plummeting over-reaction. Culper on Twitter: "Tomorrow's report features two felons, two alleged 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 . Copyright However, the only problem is that there is a research report dated May 2 from a short-seller firm, Culper Research. | Learn more about Christian Lamarco's work experience, education, connections & more by visiting their profile on LinkedIn Current guidelines limit users to a total of no more than 10 requests per second, regardless of the number of machines used to submit requests. 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. 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. 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. 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. White Diamond Research is a research firm that sells information to hedge funds and high net worth individuals. 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. Core Scientific (NASDAQ: CORZ) fell 3.8% after a new short report from Culper Research. But that attitude raises a few questions. Investor Alert: Kaplan Fox Investigates Potential - GlobeNewswire News Room SEC.gov | HOME Not only has Aterian has not disclosed that its largest acquisition was from a felon who served prison time, but despite 5 elapsed months, the Company has failed to provide audited financials for the Smash Assets, leaving its S-3 shelf filing ineligible. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services. culper research owner - CLARVI 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. https://www.google.com/amp/s/seekingalpha.com/amp/news/3681732-lifemd-falls-after-new-short-call-from-culper-research. 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. Investors could turn away from the company in droves if the researcher's allegations have merit, however. Eric Volkman has no position in any of the stocks mentioned. *Average returns of all recommendations since inception. exhibit at the Three Village Historical Society. He was the original owner of Roe Tavern in Setauket,N.Y. Veru (VERU -35.98%) has found itself the target of a short-seller, and as a result the biotech company's shares took a more than 12% hit on an otherwise upbeat Monday for the wider stock market. Telehealth Co. Accuses Short Sellers Of Defamation-For-Profit 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. Christian Lamarco - New York, New York, United States - LinkedIn 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. Youre reading a free article with opinions that may differ from The Motley Fools Premium Investing Services. On November 15, 2022, Culper Research published a short report on Treace (the "Culper Report"). Our 3 Top Picks. Site Map, Advertise| Apparently, this was not the case . Growing Mineola firm with national practice seeks associate (with 3-6 years experience) to handle complex general liability matters.Competit CASH KRUGLER & FREDERICKS LLC is Celebrating Our 20th Anniversary & Newest Partners! Our Compliance bundles are curated by CLE Counselors and include current legal topics and challenges within the industry. 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). Terms of Service. 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. The allegations the firm makes are of a nature that most potential investors in Veru stock are likely to read. Yes and no. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. Veru has sales revenue from other medical assets it owns. Please disable your ad-blocker and refresh. 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. Is This Warren Buffett Stock a Buy After Its Dividend Boost? Our second option allows you to build your bundle and strategically select the content that pertains to your needs. Veru Inc. (VERU) fell 6.7% after Culper Research released another short report on the oncology-focused biopharmaceutical company.Culper alleged in the report that at baseline, the. Skip to Main Content. This suit was surfaced by Law.com Radar. 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. Thank you for your interest in the U.S. Securities and Exchange Commission. That's $100 million you paid. The Culper Report expressed the "view that Treace's primary innovation has not been in any sort of . Culper Spy Ring Thesis - 167 Words | Bartleby The Culper Spy Rings was a spy network started by George Washington to get information about the British, during the Revolutionary War. quotes delayed at least 15 minutes, all others at least 20 minutes. 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 . Thus, we assign the incremental $18.0M to RexMD. For most investors the likely risks, as outlined by the Culper Research article, probably outweigh the potential upside in Veru stock. Since RexMD's founding, sales and marketing have ballooned to $20.0M in Q4 2020. Spying is a secret business and thus research into it is most difficult. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. For that matter, changing the name of your company a week before a short attack might make people nervous, too. This response seems to concede that the company acquired the business from somebody convicted of crimes ("we identified the historical legal concerns raised in the report"), but that it judged the information irrelevant ("unrelated to the acquired businesses"). 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. Guys, this is a classic short attack. 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. 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. They have a financial motivation for doing so -- they want the stock price to go down. (On March 8 the company appointed Arturo Rodriguez to succeed Fabrice Hamaide in the position.) Blink Charging lower after short seller powers in with accusations Core Scientific stock drops after new short call from Culper Research In no event should Culper or any affiliated party be liable for any direct or indirect trading losses caused by any . On May 4, an anonymous short seller, "Culper Research," launched an attack on Aterian (ATER), a company that uses artificial intelligence to find, acquire, and launch popular consumer goods businesses. BLINK $BLNK STOCK | I READ 26 PAGE CULPER RESEARCH - YouTube Don't miss the crucial news and insights you need to make informed legal decisions. The Legal Intelligencer honors lawyers leaving a mark on the legal community in Pennsylvania with their dedication to law. More importantly, I want to know why the stock went from $18 to $12 between the earnings and the short report. 1-2, 13). 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. The Motley Fool has no position in any of the stocks mentioned. 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). 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. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Here's what the company said in part. 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 . In reality, they are simply conspiring to drive down the prices of stocks they take short positions in. Are u selling or still holding? Culper is an anonymous short-seller that refuses to disclose the individuals or entities behind it. 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.. Sometimes when there is "blood in the water" other shorts will jump in as well. CleanSpark cautions you that statements in this press release that are not a description of historical facts are forward-looking statements. Youre reading a free article with opinions that may differ from The Motley Fools Premium Investing Services. In reality, they are simply conspiring to drive down the prices of stocks they take short positions in. All rights reserved. Use of Culper Research's("Culper") research is at your own risk. Such holders only profit on such positions when the stock declines and incur potentially unlimited losses if the price does not decline. Nevertheless, if somehow the FDA does give its Covid-19 vaccine a EUA, all bets are off on the stock. Prosper Junior Bakiny has no position in any of the stocks mentioned. Law.com Radar publishes daily updates on just-filed federal cases like this one. Use of Culper Research's ("Culper") research is at your own risk. 1001 and 1030). Please declare your traffic by updating your user agent to include company specific information. Has anyone attempted to recalculate their marketing cost per website visitor for LFMD vs HIMS. To make the world smarter, happier, and richer. Sign up below to get this incredible offer! That could potentially be a turning point for Veru stock. The Motley Fool has a disclosure policy. I do wish to raise two issues: Rivington and my background. Culper has no identity other than a webpage, with no information (no address, about us, anything - wonder why the anonymity? CleanSpark Investigating Short Seller Culper Research | Nasdaq 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 . Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services. VERU Stock Could Face Difficulties If the Culper Research Report Is To make the world smarter, happier, and richer. 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. Veru Stock Could Face Difficulties If the Culper Research Report Is True It looks very bad . In no event should Culper or any affiliated party be liable for any direct or indirect trading losses caused by any . Also, apparently, most of the patients in the study were outside of the U.S. PDF Disclaimer - IA Rugby.com 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. Making the world smarter, happier, and richer. Culper also . Toggle Navigation Hindenburg Research. 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. The inclusion of forward-looking statements should not be regarded as a representation by CleanSpark that any of our plans will be achieved. Click to reserve your spot! Cost basis and return based on previous market day close. Such statements, estimates, projections and opinionsmay prove to be substantially inaccurate and are inherently subject to significant risks and uncertaintiesbeyond Culper's control. I Got the 'SOS', So Here's My Take on the Stock's Saga White Diamond Research | About Us According to Culper, Aterian acquired the e-commerce brands Mueller, Pursteam, Pohl and Schmitt, and Spiralizer (the "Smash assets") from a convicted felon. The Cable Car website is down right now, but does indicate a connection to an investment partnership with the Funicular Fund. 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. But they were not involved in any fraudulent activity. Docent led tours every 30 minutes of the Spies! Copyright 2023 InvestorPlace Media, LLC. culper research legit - creditsolutionexperts.com 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. Veru drops after Culper Research releases a follow up short report In addition, these transactions were structured as asset purchases only and therefore the founders did not become employees of Aterian. 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. lifeguard air ambulance new mexico hassan has plastic surgery hassan has plastic surgery Tickets are limited. 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. Learn More. The second major issue the Culper report has with Veru is the quality of management. 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. To put bluntly the research report implies that Verus Phase 3 study is not likely to succeed in helping VERU-111 obtain a EUA. The complaint, over an alleged short-and-distort stock scheme, was filed by Gordon Rees Scully Mansukhani on behalf of LifeMD Inc., CEO Justin Schreiber and CTO Stefan Galluppi. 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.".

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