Thus, we assign the incremental $18.0M to RexMD. Veru 's ( VERU -0.17%) stock dipped by 5.5% on Friday as of 10:49 a.m. 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. PDF Disclaimer - IA Rugby.com Use of Culper Research's ("Culper") research is at your own risk. SOS Stock: Is it Buy the Bounce or Run Like Hell? $10/person - click to reserve your spot! 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. Prior to co-founding Culper Capital Partners, he served as Majority Shareholder, Chairman & CEO of Glebar Company ("Glebar"), a role which he held from April 2013 to March 2020. Prosper Junior Bakiny has no position in any of the stocks mentioned. However, the only problem is that there is a research report dated May 2 from a short-seller firm, Culper Research. 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 . Create an account to follow your favorite communities and start taking part in conversations. Join The Legal Intelligencer now! Making the world smarter, happier, and richer. 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. George Washington's Secret Six By Brian Kilmeade | ipl.org It looks very bad . Use of Culper Research's ("Culper") research is at your own risk. 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! CleanSpark Investigating Short Seller Culper Research. The Patriots hoped to gain freedom from Britain, liberty, and equality by winning the war. 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. This suit was surfaced by Law.com Radar. Veru has sales revenue from other medical assets it owns. The members of the culper spy ring are an excellent example of the ordinary people that risked their lives to create . We look for stocks with the potential for big moves in the near future up or down. CleanSpark cautions you that statements in this press release that are not a description of historical facts are forward-looking statements. Our second option allows you to build your bundle and strategically select the content that pertains to your needs. That short-seller didn't mince words about its concerns with the company, which clearly left investors quite spooked about its future. 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. quotes delayed at least 15 minutes, all others at least 20 minutes. Lawsuit filed for Investors in shares of SOS Limited (NYSE: SOS) I need to wait for management's response and the Q1 earnings release to really make an opinion on the merits of this short report. Use of Culper Research's("Culper") research is at your own risk. The Legal Intelligencer honors lawyers leaving a mark on the legal community in Pennsylvania with their dedication to law. Also he was allowed to treat patients via telehealth telehealth while on probation (src). Clickhereto get started and be first to know about new suits in your region, practice area or client sector. Is This Warren Buffett Stock a Buy After Its Dividend Boost? Overall, it's been ~15 years since I've seen a decent group go after microtubules in cancer. The Culper Research report was also cited in a November 2022 class action lawsuit, which alleged that Core Scientific failed to disclose a series of adverse . The Great CytoDyn (OTCQB: CYDY) Bear Raid Fails to Impress These statements are based on CleanSpark's current beliefs and expectations. Invest better with The Motley Fool. Why would the block trades be significantly lower than current stock price at the time? 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. Law Firm Investigating Bitcoin Miner Core Scientific for Alleged The two short-sellers claimed that SOS stock was an . Veru has not yet officially responded to Culper's accusations, which are worrying. I'd love to hear your thoughts on what I've found below and hopefully help connect some of these dots. By the end of December, when Core filed for Chapter 11 bankruptcy, the firm's stock had plummeted by more than 98%.. When typing in this field, a list of search results will appear and be automatically updated as you type. Looking at the relevant FOIA request logs on the SEC website suggests an individual named Jacob Ma-Weaver twitter linkedin acting on behalf of what appears to be his short-selling fund Cable Car Capital LLC. 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? (On March 8 the company appointed Arturo Rodriguez to succeed Fabrice Hamaide in the position.) Culper is an anonymous short-seller that refuses to disclose the individuals or entities behind it. Culper Spy Ring Thesis - 167 Words | Bartleby The Culper Ring During The Revolutionary War | ipl.org | Learn more about Christian Lamarco's work experience, education, connections & more by visiting their profile on LinkedIn Although we identified the historical legal concerns raised in the report, they were unrelated to the acquired businesses. Mohawk Group Holdings) was founded by . No LFMD executives were charged. lifeguard air ambulance new mexico hassan has plastic surgery hassan has plastic surgery Copyright 2023 ALM Global, LLC. The inclusion of forward-looking statements should not be regarded as a representation by CleanSpark that any of our plans will be achieved. Culper Research Learn More. Has anyone attempted to recalculate their marketing cost per website visitor for LFMD vs HIMS. culper research legit - zoom-content.com Shares of healthcare services provider LifeMD (LFMD 1.68%) are plunging on Wednesday and were down by 22.3% as of 3:45 p.m. EDT. 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. 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. CTO Pedretti - Co-Founded Airlight Energy, Which Went Bankrupt and Faces Fraud Accusations Prior to co -founding Energy . Our Team Account subscription service is for legal teams of four or more attorneys. The Austin-based company went public on the Nasdaq via a special purpose acquisition vehicle, or SPAC, in January 2022. Published. The points Culper makes are quite compelling and raise substantial questions about the history of the CEO, Mitchell Steiner, and the EVP of Clinical Affairs, Robert Getzenberg. Defamation Suit Against Research Company Over Alleged 'Short-and 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 . Making the world smarter, happier, and richer. 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. The problem is this is a highly speculative play for most investors. Thank you for your interest in the U.S. Securities and Exchange Commission. Press question mark to learn the rest of the keyboard shortcuts. Culper also . VERU stock remains an extremely risky bet today. To make the world smarter, happier, and richer. Will Aterian stock recover from this short attack? 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. Investors might want to watch out. The report lists numerous ethical, integrity, and past performance issues with the key personnel running the company. Mr. Adam S. Cook is a co-founder and Chief Investment Officer at Culper Capital Partners ("CCP"). In no event should Culper or any affiliated party be liable for any direct or indirect trading losses caused by any . Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Plaintiffs also allege that "on information and belief, Lamarco is the sole member of Culper Research; owns and controls Culper Research; and, at all relevant times, directed, authorized, and/or was responsible for false and defamatory statements made about, and tortious acts against, Plaintiffs by Culper Research." (ECF No. Terms of Service. Such statements, estimates, projections and opinionsmay prove to be substantially inaccurate and are inherently subject to significant risks and uncertaintiesbeyond Culper's control. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. 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. Treace Investor Alert - Treace Medical Concepts (NASDAQ:TMCI) . 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. 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. That is because $36 includes all of company's business lines, not just RexMD. from 8 AM - 9 PM ET. to two felons and two alleged scam artists, all of whom will be free to dump their stock by August. 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. Managing Partner, Chief Investment Officer. In 5 minutes of searching, you can see they take partial truths and exaggerate them. One concern is that the t otal a ddressable m arket ( TAM) for all forms of . Yes, it works for cancers, but it does the same to all normal tissue. White Diamond Research | About Us CleanSpark Investigating Short Seller Culper Research - PR Newswire Docent led tours every 30 minutes of the Spies! Aterian Issues Statement on Inaccurate and Misleading Report by Culper For instance, Culper Research alleges that LifeMD presents misleading information regarding its network of doctors and even uses unlicensed professionals "to dispense OTC medication.". What kind of manipulation and block trades? 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. One of the nice things about shorts is that you can always count on them to bring up every possible negative about a stock. 1125 N. Charles St, Baltimore, MD 21201. Learn More. How valuable are the assets if you can't trust the sales numbers? 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 . 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. Please declare your traffic by updating your user agent to include company specific information. *Average returns of all recommendations since inception. A company that relies on acquisitions to make its revenue go up can be hiding a sales deterioration in the existing business. BLINK $BLNK STOCK | I READ 26 PAGE CULPER RESEARCH - YouTube The historical nonfiction book i read was titled "George Washington's Secret Six" and it was written by Brian Kilmeade and Don Yaeger.
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