For more information, visit https://ATL-DATA.com. It looks very bad . "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." 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. Research is not investment advice nor a recommendation or solicitation to buy securities. Aterian (f.k.a. The inclusion of forward-looking statements should not be regarded as a representation by CleanSpark that any of our plans will be achieved. 2 Reasons to Avoid a Roth 401(k) for Your Retirement Savings, Want $1 Million in Retirement? Research Materials about George Washington, the Culper Spy Ring, and the American Revolutionary War. Veru Stock Could Face Difficulties If the Culper Research Report Is True. In this conversation. Contact Us| Aterian issued a press release to respond to the short attack. . Since RexMD's founding, sales and marketing have ballooned to $20.0M in Q4 2020. What should investors make of the allegations brought forth by Culper Research? Note: We do not offer technical support for developing or debugging scripted downloading processes. Join The Legal Intelligencer now! Note that this policy may change as the SEC manages SEC.gov to ensure that the website performs efficiently and remains available to all users. 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. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services. Also, apparently, most of the patients in the study were outside of the U.S. Kick the day off with a 9:00 a.m. walking tour led by Tri-Spy Tours! 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 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. 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. 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! Gain access to some of the most knowledgeable and experienced attorneys with our 2 bundle options! Both options are priced the same. CleanSpark, Inc., a Nevada corporation, is in the business of providing advanced software and controls technology solutions to solve modern energy challenges. Eric Volkman has no position in any of the stocks mentioned. u/wallstreetbets crowd? 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. How valuable are the assets if you can't trust the sales numbers? Sign up below to get this incredible offer! Veru has sales revenue from other medical assets it owns. 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. Will Aterian stock recover from this short attack? On November 15, 2022, Culper Research published a short report on Treace (the "Culper Report"). 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. 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. That could potentially be a turning point for Veru stock. 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. 5 Hypergrowth Stocks With 10X Potential in 2023, Robert Bollinger: Meet the Man Behind Mullens Push Into Commercial EVs, A.I. CLEANSPARK INVESTIGATING SHORT SELLER CULPER RESEARCH . In no event should Culper or any affiliated party be liable for any direct or indirect trading losses caused by any . More importantly, I want to know why the stock went from $18 to $12 between the earnings and the short report. 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. Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. That is because $36 includes all of company's business lines, not just RexMD. CleanSpark Investigating Short Seller Culper Research. 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? Copyright 2023 Culper Research - All Rights Reserved. The Company will vigorously and relentlessly defend itself against these actions and against the kind of baseless accusations made by those behind the "report." 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. culper research legitmichelle fleury ancestry. . Copyright 2023 ALM Global, LLC. 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 . Other than that, Culper is a shady short seller that attacks stock on fire with high retail investor base to panic them. Use of Culper Research's ("Culper") research is at your own risk. 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. Verified account Protected Tweets @; Suggested users The second major issue the Culper report has with Veru is the quality of management. 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. Law.com Radar publishes daily updates on just-filed federal cases like this one. Create an account to follow your favorite communities and start taking part in conversations. 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. The Motley Fool has no position in any of the stocks mentioned. Culper Spy Ring Research Paper Intelligence provided by the Culper Spy Ring was instrumental in the defeat of the British during the Revolutionary War. I bought calls just before market close yesterday lol fuck my life. 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. 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. 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. "LifeMD uses technology to make health care more accessible to people from all walks of life. That's $100 million you paid. 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? SALT LAKE CITY, Jan. 21, 2021 /PRNewswire/ -- CleanSpark, Inc. (Nasdaq: CLSK), (" CleanSpark, or "the . LFMD responded to short report, denying the claims and will report something in detail soon. Where This Leaves Investors in Veru Stock. Cost basis and return based on previous market day close. Our focus was and continues to be on acquiring high performing businesses that offer opportunities for growth. Please. But they were not involved in any fraudulent activity. On April 29, the company rebranded from Mohawk Group Holdings to Aterian. Women, Influence & Power in Law UK Awards honors women lawyers who have made a remarkable difference in the legal profession. Criminal Allegations, and an ICO Scam . Please declare your traffic by updating your user agent to include company specific information. The Culper Report expressed the "view that Treace's primary innovation has not been in any sort of . The SEC logs have not been posted yet for March 2021 requests, but I will update that once they become available. Is this a bad sign for your stock? All rights reserved. Docent led tours every 30 minutes of the Spies! For more information, contact [email protected]. Is This Warren Buffett Stock a Buy After Its Dividend Boost? To make the world smarter, happier, and richer. They short the company, post these reports, and reap the benefits of people over reacting. 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. If you can't trust management, or its numbers, you really shouldn't be in a stock. Also he was allowed to treat patients via telehealth telehealth while on probation (src). 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. 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. The Motley Fool has a disclosure policy. 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 . The Cable Car website is down right now, but does indicate a connection to an investment partnership with the Funicular Fund. The case is 2:21-cv-01273, Lifemd, Inc et al v. Lamarco et al. The Motley Fool has no position in any of the stocks mentioned. The industry-leading media platform offering competitive intelligence to prepare for today and anticipate opportunities for future success. 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 . For example, if it has to redesign the study and start from scratch the costs could go up. 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 . from 8 AM - 9 PM ET. Skip to Main Content. 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. To make the world smarter, happier, and richer. 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). This is set for next Tuesday, May 10. For that matter, changing the name of your company a week before a short attack might make people nervous, too. 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 . 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. Lorem ipsum dolor sit amet, consectetur adipiscing elit. By downloading from or viewing material on this website you agree to the following Terms of Service. 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. This suit was surfaced by Law.com Radar. 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.