Through its wholly owned subsidiary ATL Data Centers LLC, CleanSpark owns and operates a data center that provides customers with traditional on-site and cloud-based data center services. culper research legit Mariner Research Group - Deep research in a shallow world 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. However, the only problem is that there is a research report dated May 2 from a short-seller firm, Culper Research. The report lists numerous ethical, integrity, and past performance issues with the key personnel running the company. 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. Hindenburg Research - Investigative Research & Reporting 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. Dissecting the Xometry Stock Short Report - Nanalyze Create an account to follow your favorite communities and start taking part in conversations. I Got the 'SOS', So Here's My Take on the Stock's Saga This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. 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. Did they not look into this and see all this??? The Patriots (colonists) were fighting against the British, in this war. Agreed, this is pretty shitty but have to wait for the response. Sign up below to get this incredible offer! Our Compliance bundles are curated by CLE Counselors and include current legal topics and challenges within the industry. (On March 8 the company appointed Arturo Rodriguez to succeed Fabrice Hamaide in the position.) Unauthorized attempts to upload information and/or change information on any portion of this site are strictly prohibited and are subject to prosecution under the Computer Fraud and Abuse Act of 1986 and the National Information Infrastructure Protection Act of 1996 (see Title 18 U.S.C. https://www.google.com/amp/s/seekingalpha.com/amp/news/3681732-lifemd-falls-after-new-short-call-from-culper-research. Read the complaint here: To view this content, please continue to their sites. CLEANSPARK INVESTIGATING SHORT SELLER CULPER RESEARCH . Cost basis and return based on previous market day close. 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. Why Veru Stock Got Dented Today | The Motley Fool The opinions expressed in this article are those of the writer, subject to theInvestorPlace.comPublishing Guidelines. 2 Reasons to Avoid a Roth 401(k) for Your Retirement Savings, Want $1 Million in Retirement? The second major issue the Culper report has with Veru is the quality of management. Theres even room for more lines. CleanSpark Investigating Short Seller Culper Research | Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and 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. Use of Culper Research's("Culper") research is at your own risk. Home - George Washington and the Culper Spy Ring - Research & Subject culper research legitsan juan airport restaurants hours. The publisher of this false . 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. On December 3, 2020, Culper tweeted regarding a FOIA request for information from SEC on any investigations into a company called CytoDyn $CYDY. 1-2, 13). Please declare your traffic by updating your user agent to include company specific information. 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. Culper Research We conduct extensive financial, legal, and other due diligence, including background checks, on our targets. 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%. 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. 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 . 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! 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. 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 . 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 . At just 150 patients, the trial is a . Mohawk Group Holdings) was founded by . The lock-up on (9380 Macarthur's) massive 16.2% stake expires in June 2021. Culper on Twitter 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 . 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. | Learn more about Christian Lamarco's work experience, education, connections & more by visiting their profile on LinkedIn They have a financial motivation for doing so -- they want the stock price to go down. Since RexMD's founding, sales and marketing have ballooned to $20.0M in Q4 2020. 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? So let's take a look at what Culper is saying about Aterian. Press question mark to learn the rest of the keyboard shortcuts. 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. 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. 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. Im holding on to see the company response. Making the world smarter, happier, and richer. For best practices on efficiently downloading information from SEC.gov, including the latest EDGAR filings, visit sec.gov/developer. 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 Motley Fool has a disclosure policy. They short the company, post these reports, and reap the benefits of people over reacting. One concern is that the t otal a ddressable m arket ( TAM) for all forms of . 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. Here's what the company said in part. This suit was surfaced by Law.com Radar. If you have an ad-blocker enabled you may be blocked from proceeding. 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. Where This Leaves Investors in Veru Stock. The Legal Intelligencer honors lawyers leaving a mark on the legal community in Pennsylvania with their dedication to law. 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, possess accounting irregularities, or otherwise deceived investors," published a blistering report on its short position in Veru. Will Be Even Bigger Than Your Wildest Expectation, 7 Over-$100 Stocks That Are Worth Every Penny, Louis Navellier and the InvestorPlace Research Staff, 5 Penny Cryptos With the Most Potential for Growth, 7 Penny Stocks Poised for Explosive Growth in 2023. Town square for LifeMD ($LFMD) stakeholders, Press J to jump to the feed. The industry-leading media platform offering competitive intelligence to prepare for today and anticipate opportunities for future success. Culper alleges that Core Scientific "wildly oversold" both its mining and hosting business. Lawsuit filed for Investors in shares of SOS Limited (NYSE: SOS) Join The Legal Intelligencer now! 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. To allow for equitable access to all users, SEC reserves the right to limit requests originating from undeclared automated tools. Blink Charging lower after short seller powers in with accusations Once the rate of requests has dropped below the threshold for 10 minutes, the user may resume accessing content on SEC.gov. Were short sellers putting together a scam? 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 . Nonetheless the six month delay in reporting is worrisome. Law.com Compass includes access to our exclusive industry reports, combining the unmatched expertise of our analyst team with ALMs deep bench of proprietary information to provide insights that cant be found anywhere else. Some research into Culper Research. Taylor Carmichael has no position in any of the stocks mentioned. 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. Aterian issued a press release to respond to the short attack. 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. A quick scroll through Culper's website yields very little in the way of personnel or address. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services. 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. VERU Stock Could Face Difficulties If the Culper Research Report Is Research Materials about George Washington, the Culper Spy Ring, and the American Revolutionary War.
Paypal Email Address To Send Documents,
What Happened To Jason Bose Smith,
Articles C
