Getting The Talent Balance Right: From Layoffs to Laterals to Mergers, How Can Firms Staff for Success? 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. Investors might want to watch out. We have a suite of software solutions that provide end-to-end microgrid energy modeling, energy market communications, and energy management solutions. What Is the Best EV Stock to Buy Now? 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 . 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. Mark Hake writes about personal finance on mrhake.medium.com, Newsbreak.com and Beehiiv.com. When typing in this field, a list of search results will appear and be automatically updated as you type. 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. 2 Reasons to Avoid a Roth 401(k) for Your Retirement Savings, Want $1 Million in Retirement? 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. To other RS execs were laundering money (husband and wife). 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. Verified account Protected Tweets @; Suggested users This is set for next Tuesday, May 10. $10/person - Space is limited. Also, apparently, most of the patients in the study were outside of the U.S. Capacity is expected to increase to over 300 PH/s in mining capacity by early 2021. Copyright Miracle Cures and Murder For Hire: How A Spoon-Bending Turkish Magician Built A $600 Million Nasdaq-Listed Scam Based On A Lifetime Of Lies. Learn More. 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. 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. 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. 10 czerwca 2022 Thus, we assign the incremental $18.0M to RexMD. Our Team Account subscription service is for legal teams of four or more attorneys. This drop over the last month or so has torched like 9% of my portfolio, real quick. But it burnt through almost $9 million in free cash flow (FCF) during its latest quarter ending Dec. 31., according to its 10-Q filing. For most investors the likely risks, as outlined by the Culper Research article, probably outweigh the potential upside in Veru stock. 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. This suit was surfaced by Law.com Radar. I took a deep look into the Culper Research short report and this is what I found.Culper Research short report on Core Scientifichttps://img1.wsimg.com/blobb. To allow for equitable access to all users, SEC reserves the right to limit requests originating from undeclared automated tools. Learn More. Not a Bloomberg Law Subscriber?Subscribe Now. Feel like going after another group of asshole short sellers trying to screw over us regular investors? Gain access to some of the most knowledgeable and experienced attorneys with our 2 bundle options! Recognizing innovation in the legal technology sector for working on precedent-setting, game-changing projects and initiatives. Making the world smarter, happier, and richer. However, such information is presented as is, without warranty of any kind whether express or implied. Copyright 2023 InvestorPlace Media, LLC. culper research legitmichelle fleury ancestry. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services. I'd love to hear your thoughts on what I've found below and hopefully help connect some of these dots. To hide from slander cases, perhaps?). Contact Us| Some research into Culper Research. 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. Copyright 2023 ALM Global, LLC. If you can't trust management, or its numbers, you really shouldn't be in a stock. CLEANSPARK INVESTIGATING SHORT SELLER CULPER RESEARCH . The opinions expressed in this article are those of the writer, subject to theInvestorPlace.comPublishing Guidelines. Culper has no identity other than a webpage, with no information (no address, about us, anything - wonder why the anonymity? However, LifeMD's shares will likely be highly volatile now that this report is out there, and I'd think twice about initiating a position in this healthcare stock anytime soon. For instance, Culper Research alleges that LifeMD presents misleading information regarding its network of doctors and even uses unlicensed professionals "to dispense OTC medication.". Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services. 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. Apparently, this was not the case . Don't miss the crucial news and insights you need to make informed legal decisions. $10/person - click to reserve your spot! 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. The SEC logs have not been posted yet for March 2021 requests, but I will update that once they become available. I bought calls just before market close yesterday lol fuck my life. quotes delayed at least 15 minutes, all others at least 20 minutes. 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. A recent report by Culper Research contains numerous false and misleading statements about our company. The Culper Spy Rings was a spy network started by George Washington to get information about the British, during the Revolutionary War. The Culper Report expressed the "view that Treace's primary innovation has not been in any sort of . 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. One of the nice things about shorts is that you can always count on them to bring up every possible negative about a stock. You further agree to do your own research and due diligence, consult your own financial, legal, and tax advisors before making any . 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. 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. 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. We scour the stock universe for good ideas and specialize in the technology and healthcare sectors, and in special situations in all sectors. Pretty brutal. 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. To make the world smarter, happier, and richer. Like, within two days of the report, which just adds to the shadiness of the situation. Use of Culper Research's("Culper") research is at your own risk. 2 Reasons to Avoid a Roth 401(k) for Your Retirement Savings, Want $1 Million in Retirement? 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. Nonetheless the six month delay in reporting is worrisome. Please. It looks very bad . I do wish to raise two issues: Rivington and my background. "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." CleanSpark, Inc., a Nevada corporation, is in the business of providing advanced software and controls technology solutions to solve modern energy challenges. Thank you for your interest in the U.S. Securities and Exchange Commission. 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. Published on June 1, 2022 June 3, 2022. CleanSpark Investigating Short Seller Culper Research. If a user or application submits more than 10 requests per second, further requests from the IP address(es) may be limited for a brief period. 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. 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 . Did they not look into this and see all this??? 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. On the other hand, the stock dropped 25% . 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). Law360 (September 20, 2021, 7:52 PM EDT) -- A negative report from stock research firm Culper Research about telehealth company LifeMD Inc. was part of a "short and distort" stock scheme to defame . 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. As incriminating as Culper Research's report looks, LifeMD could well have ready and convincing rebuttals to these accusations. They short the company, post these reports, and reap the benefits of people over reacting. CleanSpark cautions you that statements in this press release that are not a description of historical facts are forward-looking statements. The Motley Fool has no position in any of the stocks mentioned. The researcher is also highly unimpressed with the executives guiding the company. All rights reserved. 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. LexisNexis and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. Published. lifeguard air ambulance new mexico hassan has plastic surgery hassan has plastic surgery The problem is it has just $116.1 million in cash as of Dec. 31 and is burning through its cash. 5 Hypergrowth Stocks With 10X Potential in 2023, Robert Bollinger: Meet the Man Behind Mullens Push Into Commercial EVs, A.I. Use of Culper Research's ("Culper") research is at your own risk. 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. *Average returns of all recommendations since inception. For example, if it has to redesign the study and start from scratch the costs could go up. . 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. A quick scroll through Culper's website yields very little in the way of personnel or address. So the names of the defendants in the lawsuit against Redwood were as follows.

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