I was planning to publish our first major investigative piece today.
But two things happened Friday that led me to add one more step to the process. First, an attorney for the company at the center of our debut story politely noted that we could be sued, or even face “criminal liability” if any of the contents are false or misleading. No surprise there.
Then, I did a live interview with Report on Business Television, a Canadian cable channel similar to CNBC. The biggest stumper the anchor asked, in reference to our mission of exposing questionable activity, was who will be monitoring my behavior. I responded that Sharesleuth.com would be a transparent operation; that we’d link to evidence used in our stories, that we’d disclose any conflicts and that we’d let readers make their own judgments. But he raised an interesting point. I’m a one-man operation at this point, acting as both reporter and editor.
Over the weekend, my partner Mark Cuban and I settled on a plan that addresses both of those issues. We’re going to pay an independent fact checker to review our stories and ensure that the details are correct and the conclusions are neither false nor misleading.
That means the publication of the first piece will be pushed back a few days. However, the story will be even stronger as a result.
Thanks for your patience, and for keeping the story tips and site suggestions coming.
Shares of Co-Diagnostics Inc. (Nasdaq: CODX) have risen tenfold since January, when the company announced it had completed preliminary design work...