culper research legit

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. 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. 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"). 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. 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. If these claims prove accurate, LifeMD could face the wrath of lawmakers and regulators. A recent report by Culper Research contains numerous false and misleading statements about our company. What Is the Best EV Stock to Buy Now? And 9380 has actually been buying more stock in Aterian since it was acquired by the company. Yes, it works for cancers, but it does the same to all normal tissue. The Legal Intelligencer honors lawyers leaving a mark on the legal community in Pennsylvania with their dedication to law. The researcher is also highly unimpressed with the executives guiding the company. Thissuit was surfacedby Law.com Radar, a source for high-speed legal news and litigation updates personalized to your practice. Copyright 2023 ALM Global, LLC. 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. Did they not look into this and see all this??? 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. Thank you for your interest in the U.S. Securities and Exchange Commission. Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. To make the world smarter, happier, and richer. Toggle Navigation Hindenburg Research. 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. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. Youre reading a free article with opinions that may differ from The Motley Fools Premium Investing Services. The members of the culper spy ring are an excellent example of the ordinary people that risked their lives to create . Criminal Allegations, and an ICO Scam . CleanSpark plans to apply its technologies with a goal of mining bitcoins at the lowest energy prices in the United States. CleanSpark takes seriously any accusations of impropriety, stands behind its prior statements and disclosures, and will not tolerate unfounded and reckless claims against the Company. According to the accounting firm, the numbers are fine. 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. But that attitude raises a few questions. You further agree to do your own research and due diligence, consult your own financial, legal, and tax advisors before making any investment decision with respect to transacting in any securities covered herein. Our second option allows you to build your bundle and strategically select the content that pertains to your needs. 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 . 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. Such statements, estimates, projections and opinionsmay prove to be substantially inaccurate and are inherently subject to significant risks and uncertaintiesbeyond Culper's control. The Culper Report expressed the "view that Treace's primary innovation has not been in any sort of . Terms of Service. Veru has not yet officially responded to Culper's accusations, which are worrying. That is because $36 includes all of company's business lines, not just RexMD. Capacity is expected to increase to over 300 PH/s in mining capacity by early 2021. The Cable Car website is down right now, but does indicate a connection to an investment partnership with the Funicular Fund. Use of Culper Research's ("Culper") research is at your own risk. However, such information is presented as is, without warranty of any kind whether express or implied. Home; About us; Contact us; Twitter Seeking Alpha Stocktwits; . In addition, these transactions were structured as asset purchases only and therefore the founders did not become employees of Aterian. Read the complaint here. You further agree to do your own research and due diligence, consult your own financial, legal, and tax advisors before making any . On April 29, the company rebranded from Mohawk Group Holdings to Aterian. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American, CleanSpark Reports First Quarter FY2023 Financial Results, CleanSpark Reports Fourth Quarter and Year End FY2022 Financial Results. 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. 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. More recently, Culper tweeted the response from SEC on a FOIA request for records pertaining to any investigations into OrthoPediatrics Corp., $KIDS. The rather eclectic biotech -- it has a female contraceptive product, FC2, on the market, and is developing cancer drugs -- has attracted much interest because of the apparently promising sabizabulin. Yes, the two executives were at Redwood Scientific. At just 150 patients, the trial is a . Please disable your ad-blocker and refresh. The opinions expressed in this article are those of the writer, subject to theInvestorPlace.comPublishing Guidelines. In no event should Culper or any affiliated party be liable for any direct or indirect trading losses caused by any . 2023 InvestorPlace Media, LLC. On the other hand, shorts are always future buyers of your stock. "LifeMD uses technology to make health care more accessible to people from all walks of life. The problem is this is a highly speculative play for most investors. So the names of the defendants in the lawsuit against Redwood were as follows. The publisher of this false report is an unknown entity or group hidden behind the facade of "Culper Research," which disguises the identity of the actual author(s). 1125 N. Charles St, Baltimore, MD 21201. ET after the short-selling group Culper Research published a new report criticizing the company's latest clinical trial . 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. What kind of manipulation and block trades? 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. Use of Culper Research's("Culper") research is at your own risk. Veru has sales revenue from other medical assets it owns. Published. Contact Us| Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Another bright side is the short report does not have a single mention of PDFSimpli, so if all else fails and the telehealth biz goes to zero at least we have a market cap base of maybe $60-70 million for PDFSimpli lol. Holders of short positions trade on an expected decline in the price of a stock. Culper Spy Ring Research Paper Intelligence provided by the Culper Spy Ring was instrumental in the defeat of the British during the Revolutionary War. 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. Recognizing innovation in the legal technology sector for working on precedent-setting, game-changing projects and initiatives. The lock-up on (9380 Macarthur's) massive 16.2% stake expires in June 2021. The SEC logs have not been posted yet for March 2021 requests, but I will update that once they become available. 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. to two felons and two alleged scam artists, all of whom will be free to dump their stock by August. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Veru(NASDAQ:VERU) is set to discuss on May 10 with the Food and Drug Administration a pre-Emergency Use Authorization (EUA) meeting for its Phase 3 Covid-19 drug, sabizabulin (VERU-111). 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. Women, Influence & Power in Law UK Awards 2023, Legalweek Leaders in Tech Law Awards 2023, WORKERS COMPENSATION ATTORNEY - Hartford, CT, Offering an Opportunity of a Lifetime for Personal Injury Lawyers, What Does Your Business Agreement Really Mean? 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. Honestly, we are letting them win with this plummeting over-reaction. The publisher of this false . Although we identified the historical legal concerns raised in the report, they were unrelated to the acquired businesses. Federal Judge: Lancaster Investment Firm, Executives Must Pay $2M in Civil Penalties, Restitution, Special Master in MoneyGram Feud at SCOTUS Has Surprise Change of Mind, In Jackson's First Majority Opinion, SCOTUS Curbs Delaware's Collection of Unclaimed Property, Class Action Accusing BOA of Inadequate Notice Before Reposessions Hits Federal Court, Law.com Editors and Analysts Offer Top Trends to Watch for 2023. The Motley Fool has a disclosure policy. 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. 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. Please declare your traffic by updating your user agent to include company specific information. Core Scientific (NASDAQ: CORZ) fell 3.8% after a new short report from Culper Research. In reality, they are simply conspiring to drive down the prices of stocks they take short positions in. And changing your chief financial officer in the midst of this doesn't exactly reassure. The most trusted brand in stock market news; Fatest intelligence & alerts; Active trader chat rooms; Option trade alerts; Only comprehensive mobile notifications solution 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. Making the world smarter, happier, and richer. Treace Medical Concepts (TMCI) dropped 17% after a new short report from Culper Research.Culper Research says it's short the stock.Treace Medical (TMCI) didn't immediately return. Such holders only profit on such positions when the stock declines and incur potentially unlimited losses if the price does not decline. 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. Other than that, Culper is a shady short seller that attacks stock on fire with high retail investor base to panic them. 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. Accounting issues always cause stress for investors. Investors might want to watch out. I bought this stock after Citron recommended it. 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. They short the company, post these reports, and reap the benefits of people over reacting. Kick the day off with a 9:00 a.m. walking tour led by Tri-Spy Tours! best hunting game for oculus quest 2 culper research legit. Mohawk Group Holdings) was founded by . For more information, please see the SECs Web Site Privacy and Security Policy. For questions call 1-877-256-2472 or contact us at [emailprotected], Shearman and Hogan Lovells Call Off Merger Talks, Early Reports: 2023 Am Law 200 Financials, Beyond Excess Capacity, Pooled Services and Automation Expedite Staff Layoffs, Dozens of Law Firms Grew Their Equity Partner Tier, Even as Profits and Demand Plummeted. The tweet indicated there were two requests submitted; one in May 2020 and another in September 2020. Were short sellers putting together a scam? 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). The Motley Fool has no position in any of the stocks mentioned. According to Culper, Aterian acquired the e-commerce brands Mueller, Pursteam, Pohl and Schmitt, and Spiralizer (the "Smash assets") from a convicted felon. It's important to remember that there are two sides to every story. 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 . 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.

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