Today, August 16th, the Company will file its Form 10-Q, which will be available on SEC.gov and the Company's website. Forward-looking statements may include words such as anticipate, could, estimate, intend, expect, belief, potential, will, should, project, and similar expressions.įurther information on the Company's risk factors is contained in the Company's quarterly and annual reports filed with the Securities and Exchange Commission. The actual results of the Company could differ materially from those statements.įactors that can cause or contribute to such differences include but are not limited to continued demand for the Company's products, competitive factors, regulatory developments, changes in Bitcoin difficulty rates, the Company's ability to achieve future growth, the Company's ability to produce and market new products in a timely fashion, uncertainties surrounding the pandemic, the Company's ability to continue to attract and retain skilled personnel, and the Company's ability to sustain or improve the current levels of productivity. Investors are cautioned that these forward-looking statements involve a number of risks and uncertainties. Before beginning, I would like to remind everyone that with the exception of historical information, the matters discussed in this presentation are forward-looking statements as defined within federal securities laws. With us today with prepared remarks are CleanSpark 's Chief Executive Officer Zach Bradford and Lori Love, our Chief Financial Officer. My name is Rachel Silverstein, I'm CleanSpark 's VP of compliance and General Counsel. On behalf CleanSpark Inc., I welcome you to our Third Fiscal Quarter financial results conference call. Rachel Silverstein – Vice President of Compliance and General Counsel ( NASDAQ: CLSK) Q3 2021 Results Conference Call Aug4:00 PM ET
Past results do not guarantee a similar outcome.CleanSpark, Inc.
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settles or to receive free alerts about corporate executives engaged in wrongdoing, sign up for Stock Watch today.Īttorney Advertising. To be notified if a class action against CleanSpark, Inc. Robbins LLP is a nationally recognized leader in shareholder rights law. (CLSK) Shareholders Have OptionsĪll representation is on a contingency fee basis.
The stock now trades at just around $16.00.ĬleanSpark, Inc. On January 14, 2021, Culper Research published a report alleging that CleanSpark had "fabricated key elements of its business, including purported customers and contracts" and that it is "rife with undisclosed related party transactions." Specifically, the report alleged that the acquisition of ATL Data Centers, LLC "is another Gutless Promotion Attempt" and that the Company's acquisition of p2k Labs was "an undisclosed related party transaction that apparently fabricated its customers." On this news, the Company's share price fell $3.63, or 9%, to close at $35.71 per share on January 14, 2021. On December 31, 2020, CleanSpark issued a press release touting its achievements and "a number of significant wins for the Company." As for outlook, the Company "forecast that our second and third fiscal quarters will again be our strongest" and projected it would "generate $20 million in revenue related to our current business segments and we expect the recent acquisition of ATL Data Center to contribute a minimum of $10 million in additional Bitcoin-based (BTC-USD) revenues for 2021." (CLSK) May Have Misled Investors About its Related Party Transactions and its Customer and Contract Figures If you suffered a loss due to CleanSpark, Inc.'s misconduct, click here.ĬleanSpark, Inc.
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CleanSpark provides advanced software and controls technology solutions, including end-to-end microgrid energy modeling, energy market communications, and energy management solutions. (NASDAQ: CLSK) to determine whether certain CleanSpark officers and directors violated the Securities Exchange Act of 1934 and breached their fiduciary duties to the Company. SAN DIEGO & WOODS CROSS, Utah-( BUSINESS WIRE)-Shareholder rights law firm Robbins LLP is investigating CleanSpark, Inc.
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