Capybara Research short Safety Shot, questions products legitimacy

In a recently published short report, Capybara Research said that, “Safety Shot claims to offer a revolutionary alcohol detox drink, but our investigation reveals a series of red flags that raise serious doubts about the company and products legitimacy.” “We believe Safety Shot markets itself as a nutraceutical beverage to avoid FDA regulation. Given the product’s fraudulent claims, we expect regulators to intervene. The recent surge in $SHOT’s stock price is the result of aggressive stock promotion and is detached from the company’s financials. $SHOT’s history of unfulfilled promises and management’s shady dealings lead us to believe the company is destined for the OTC trash bin,” the report further reads.