An immediate avalanche of selling started at the open of the 6th, suggesting that news of the basket trial was a bad thing. Aterian issued a press release to respond to the short attack. CleanSpark Investigating Short Seller Culper Research. Join The Legal Intelligencer now! White Diamond Research | About Us In no event should Culper or any affiliated party be liable for any direct or indirect trading losses caused by any . Use of Culper Research's ("Culper") research is at your own risk. Use of Culper Research's("Culper") research is at your own risk. Defamation Suit Against Research Company Over Alleged 'Short-and However, the only problem is that there is a research report dated May 2 from a short-seller firm, Culper Research. 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. 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 . Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services. Link to CULPER RESEARCH https://img1.wsimg.com/blobby/go/cc91fda7-4669-. 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. Both options are priced the same. Treace Investor Alert - Treace Medical Concepts (NASDAQ:TMCI) What kind of manipulation and block trades? They do this behind a wall of relative anonymity which is curious given their apparent altruistic intentions of "protecting investors" would lend you to think they would want to be praised for their support for all the poor little guys like us. It looks very bad . Copyright 2023 InvestorPlace Media, LLC. *Average returns of all recommendations since inception. Core Scientific Short report by Culper research Deep Dive The industry-leading media platform offering competitive intelligence to prepare for today and anticipate opportunities for future success. Thank you for your interest in the U.S. Securities and Exchange Commission. 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. CleanSpark Investigating Short Seller Culper Research | Nasdaq The lock-up on (9380 Macarthur's) massive 16.2% stake expires in June 2021. 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. However, such information is presented as is, without warranty of any kind whether express or implied. 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. 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. 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. 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. By using this site, you are agreeing to security monitoring and auditing. White Diamond Research is a research firm that sells information to hedge funds and high net worth individuals. Some research into Culper Research : r/LFMD - reddit If you have an ad-blocker enabled you may be blocked from proceeding. And, the marketing expense for RexMD by Culper is just an "estimate". 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. About Us| 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. Is This Warren Buffett Stock a Buy After Its Dividend Boost? Only bright sides I can see are that none of the allegations suggest that the revenue is fake, so were still talking about a company poised to do $90M in rev this year, and that management will know theyre under a microscope and should be incentivized to clean up their act. The Motley Fool recommends Aterian, Inc. 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. The tweet indicated there were two requests submitted; one in May 2020 and another in September 2020. LifeMD, Inc. v. Lamarco, Civil Action 2:21-cv-1273 - Casetext 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. 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. Veru Inc. (VERU) fell 6.7% after Culper Research released another short report on the oncology-focused biopharmaceutical company.Culper alleged in the report that at baseline, the. Did these scumbags have any insider information? 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? That's $100 million you paid. CleanSpark, Inc., a Nevada corporation, is in the business of providing advanced software and controls technology solutions to solve modern energy challenges. 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. I do wish to raise two issues: Rivington and my background. Culper research countered with a well-timed short report tweeted at 8:05 AM spreading fear in the minds of longs that something was wrong going into the investor call. In addition, these transactions were structured as asset purchases only and therefore the founders did not become employees of Aterian. 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. LFMD responded to short report, denying the claims and will report something in detail soon. So the names of the defendants in the lawsuit against Redwood were as follows. On the other hand, the stock dropped 25% last week and the company felt the need to respond to the allegation. Learn More. 1001 and 1030). BLINK $BLNK STOCK | I READ 26 PAGE CULPER RESEARCH - YouTube Culperspyday Tri-Spy Tours to two felons and two alleged scam artists, all of whom will be free to dump their stock by August. from 8 AM - 9 PM ET. Not a Bloomberg Law Subscriber?Subscribe Now. 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. culper research legit Prosper Junior Bakiny has no position in any of the stocks mentioned. Mr. Adam S. Cook is a co-founder and Chief Investment Officer at Culper Capital Partners ("CCP"). This SEC practice is designed to limit excessive automated searches on SEC.gov and is not intended or expected to impact individuals browsing the SEC.gov website. Christian Lamarco - New York, New York, United States - LinkedIn Is this a bad sign for your stock? 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). Veru 's ( VERU -0.17%) stock dipped by 5.5% on Friday as of 10:49 a.m. The opinions expressed in this article are those of the writer, subject to theInvestorPlace.comPublishing Guidelines. Copyright culper research owner - CLARVI The Motley Fool has a disclosure policy. The Motley Fool has no position in any of the stocks mentioned. I'm hoping one of you all much smarter people could help here and maybe start to connect some of these dots to pull down the veil a bit from these shady scumbags. Also he was allowed to treat patients via telehealth telehealth while on probation (src). 2 Reasons to Avoid a Roth 401(k) for Your Retirement Savings, Want $1 Million in Retirement? All rights reserved. Law Firm Investigating Bitcoin Miner Core Scientific for Alleged This suit was surfaced by Law.com Radar. Such statements, estimates, projections and opinionsmay prove to be substantially inaccurate and are inherently subject to significant risks and uncertaintiesbeyond Culper's control. The Patriots hoped to gain freedom from Britain, liberty, and equality by winning the war. Home - George Washington and the Culper Spy Ring - Research & Subject Nasdaq On April 29, the company rebranded from Mohawk Group Holdings to Aterian. One of the nice things about shorts is that you can always count on them to bring up every possible negative about a stock. Town square for LifeMD ($LFMD) stakeholders, Press J to jump to the feed. LexisNexis and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information. Culper Research How valuable are the assets if you can't trust the sales numbers? 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. culper research legit - creditsolutionexperts.com They short the company, post these reports, and reap the benefits of people over reacting. 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. The Culper Spy Rings was a spy network started by George Washington to get information about the British, during the Revolutionary War. 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. Redwood Scientific Technologies (parent company of RengaLife), Danielle Cadiz (a Redwood executive since December 2016), Advanced Mens Institute Prolongz LLC (Redwoods prior company name), Run Away Products LLC (New York company used to advertise Redwood products) and, Carols Place Limited Partnership (a related asset management limited partnership, owned by the Cardiffs). Your article was successfully shared with the contacts you provided. Skip to Main Content. 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! Gain access to some of the most knowledgeable and experienced attorneys with our 2 bundle options! 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 . 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. Getting The Talent Balance Right: From Layoffs to Laterals to Mergers, How Can Firms Staff for Success? "We believe that the Company has . Holders of short positions trade on an expected decline in the price of a stock. Use of Culper Research's ("Culper") research is at your own risk. If too many people are short a stock, the trade might flip on them, and a short squeeze might take place, causing the stock to zoom higher. Alpilean Reviews 2023 - Scam or Legit (Update Alpilean Supplement 2023 Home; About us; Contact us; Twitter Seeking Alpha Stocktwits; . But there are some warning signs here. This makes them biased, of course, but no more biased than the shareholders who want the stock to go up. 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. 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. Sucks. Click to reserve your spot! Research is not investment advice nor a recommendation or solicitation to buy securities. 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. Culper has no identity other than a webpage, with no information (no address, about us, anything - wonder why the anonymity? By downloading from or viewing material on this website you agree to the following Terms of Service. SALT LAKE CITY, Jan. 21, 2021 /PRNewswire/ -- CleanSpark, Inc. (Nasdaq: CLSK), (" CleanSpark, or "the .

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