culper research legit

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. Making the world smarter, happier, and richer. Click to reserve your spot! 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. You further agree to do your own research and due diligence, consult your own financial, legal, and tax advisors before making any . 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. Guys, this is a classic short attack. We are aware that litigation premised on the so-called "Culper Report" has been filed and that plaintiff's firms are trolling for additional shareholders. 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. Although we identified the historical legal concerns raised in the report, they were unrelated to the acquired businesses. Home; About us; Contact us; Twitter Seeking Alpha Stocktwits; . 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. In the near term, anything can happen to a stock price. 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. For example, if it has to redesign the study and start from scratch the costs could go up. The allegations the firm makes are of a nature that most potential investors in Veru stock are likely to read. I did some deeper digging though using SEC FOIA request logs and Culper's own posts on twitter in an attempt to pull back the curtain a bit. Buy These 2 Stocks in 2023 and Hold for the Next Decade, Warren Buffett's Latest $2.9 Billion Buy Brings His Total Investment in This Stock to $66 Billion in 4 Years, 2 Stocks That Are About to Make Their Shareholders Richer, Join Over Half a Million Premium Members And Get More In-Depth Stock Guidance and Research, Copyright, Trademark and Patent Information. Create an account to follow your favorite communities and start taking part in conversations. Mr. Adam S. Cook is a co-founder and Chief Investment Officer at Culper Capital Partners ("CCP"). Learn More. *Average returns of all recommendations since inception. 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. Criminal Allegations, and an ICO Scam . 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. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. Yes, the two executives were at Redwood Scientific. In this conversation. However, such information is presented as is, without warranty of any kind whether express or implied. For more information, please see the SECs Web Site Privacy and Security Policy. The Legal Intelligencer honors lawyers leaving a mark on the legal community in Pennsylvania with their dedication to law. 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. 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. The complaint, over an alleged short-and-distort stock scheme, was filed by Gordon Rees Scully Mansukhani on behalf of LifeMD Inc., CEO Justin Schreiber and CTO Stefan Galluppi. That short-seller didn't mince words about its concerns with the company, which clearly left investors quite spooked about its future. 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. So the names of the defendants in the lawsuit against Redwood were as follows. The SEC logs have not been posted yet for March 2021 requests, but I will update that once they become available. As incriminating as Culper Research's report looks, LifeMD could well have ready and convincing rebuttals to these accusations. Sometimes when there is "blood in the water" other shorts will jump in as well. Learn More. 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. In a 10-tweet thread digesting the report and posted on Monday, Culper accused Veru of "glaring anomalies" in its phase 3 clinical trial of coronavirus drug sabizabulin. 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. 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. Published. 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. 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 . 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. 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. Veru has a market capitalization of $750 million at $8.46 as of May 6. Town square for LifeMD ($LFMD) stakeholders, Press J to jump to the feed. Other than that, Culper is a shady short seller that attacks stock on fire with high retail investor base to panic them. The Company will vigorously and relentlessly defend itself against these actions and against the kind of baseless accusations made by those behind the "report." Recognizing innovation in the legal technology sector for working on precedent-setting, game-changing projects and initiatives. Use of Culper Research's ("Culper") research is at your own risk. They have a financial motivation for doing so -- they want the stock price to go down. CTO Pedretti - Co-Founded Airlight Energy, Which Went Bankrupt and Faces Fraud Accusations Prior to co -founding Energy . 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. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Five days later, the short report came public. On November 15, 2022, Culper Research published a short report on Treace (the "Culper Report"). Target Stock is Down Nearly 40% From Its High. Terms of Service. 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? Cost basis and return based on previous market day close. To make the world smarter, happier, and richer. Among its raft of accusations, Culper wrote that the trial is significantly smaller than those conducted for other COVID drug candidates and demonstrated a worryingly high mortality rate. Clickhereto get started and be first to know about new suits in your region, practice area or client sector. It looks very bad . I have not but wouldn't it stand to reason that a smaller company entering the space would need to spend more to build brand awareness? 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. To hide from slander cases, perhaps?). Gain access to some of the most knowledgeable and experienced attorneys with our 2 bundle options! When typing in this field, a list of search results will appear and be automatically updated as you type. Published on June 1, 2022 June 3, 2022. 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. Were short sellers putting together a scam? Read the complaint here: To view this content, please continue to their sites. However, such information is presented as is, without warranty of any kind whether express or implied. Investors might want to watch out. 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. 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. Thank you for your interest in the U.S. Securities and Exchange Commission. CleanSpark, Inc., a Nevada corporation, is in the business of providing advanced software and controls technology solutions to solve modern energy challenges. The report . Also he was allowed to treat patients via telehealth telehealth while on probation (src). Culper Research also notes that some of LifeMD's current executives were implicated in the Redwood scandal, either as employees of the company directly involved in these crimes or as major shareholders. Please declare your traffic by updating your user agent to include company specific information. Is this happening to you frequently? But they were not involved in any fraudulent activity. Are u selling or still holding? 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! u/wallstreetbets crowd? A quick scroll through Culper's website yields very little in the way of personnel or address. In no event should Culper or any affiliated party be liable for any direct or indirect trading losses caused by any . If Justin and Stefan were involved in anyway they would have been on the list of named defendants. 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. Press question mark to learn the rest of the keyboard shortcuts. With Such Low Win Rates, Should Law Firms Respond to So Many RFPs? 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. Overall, it's been ~15 years since I've seen a decent group go after microtubules in cancer. The short is also correct that the 9380 lockup expires in June, which means that Aterian's biggest shareholder will be free to start selling shares that were acquired for pennies. I'd love to hear your thoughts on what I've found below and hopefully help connect some of these dots. 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. 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. 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. 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 . 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. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Our Compliance bundles are curated by CLE Counselors and include current legal topics and challenges within the industry. Is this a bad sign for your stock? If you can't trust management, or its numbers, you really shouldn't be in a stock. 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. The lock-up on (9380 Macarthur's) massive 16.2% stake expires in June 2021. Our second option allows you to build your bundle and strategically select the content that pertains to your needs. The opinions expressed in this article are those of the writer, subject to theInvestorPlace.comPublishing Guidelines. 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. 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. For best practices on efficiently downloading information from SEC.gov, including the latest EDGAR filings, visit sec.gov/developer. Read the complaint here. 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. 2 Reasons to Avoid a Roth 401(k) for Your Retirement Savings, Want $1 Million in Retirement? Copyright 2023 Culper Research - All Rights Reserved. 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. The members of the culper spy ring are an excellent example of the ordinary people that risked their lives to create . However, the only problem is that there is a research report dated May 2 from a short-seller firm, Culper Research. 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. Please. Use of Culper Research's ("Culper") research is at your own risk. Veru Stock Could Face Difficulties If the Culper Research Report Is True. I do wish to raise two issues: Rivington and my background. To make the world smarter, happier, and richer. Create an account to follow your favorite communities and start taking part in conversations. Making the world smarter, happier, and richer. exhibit at the Three Village Historical Society. The tweet indicated there were two requests submitted; one in May 2020 and another in September 2020. Culper also . Veru 's ( VERU -0.17%) stock dipped by 5.5% on Friday as of 10:49 a.m. Sign up below to get this incredible offer!

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