Datavault AI Inc. DVLT
DVLT is a buzzword-stuffed pump-and-dump: CEO sanctioned by the SEC, co-patenting with a convicted felon, and the 'AI platform' is NFTs of Putin vomiting.
Thesis
Wolfpack is short Datavault AI (DVLT), a reverse-merger shell up ~800% since early September on misleading press releases and empty AI/blockchain/Web3/quantum claims. CEO Nathaniel Bradley was sanctioned by the SEC in 2021 for falsely claiming his prior company, Parallax Health, had COVID-19 tests and PPE 'available soon' when Parallax was insolvent; he also co-authored EOS Technology Holdings patents alongside convicted felon Edward Withrow III, who pled guilty to making false statements in an earlier pump-and-dump. The company's flagship Data Vault exchange is populated by NFTs (Bentley Pup, Parmesan Cheese, Dr. Oz, Putin-vomiting photos) and historical weather data posted by a DVLT employee. A $150M 'BTC investment' from Scilex Holdings would require ~50% dilution via a non-existent Singaporean entity, and partnerships with Burke Products, Nature's Miracle and Wellgistics look like astroturfed announcements designed to pump the stock.
SCQA
DVLT is a $717M reverse-merger 'AI/blockchain/Web3/quantum' company whose stock has risen ~800% since early September 2025 on a barrage of partnership and product press releases.
CEO Nathaniel Bradley was sanctioned by the SEC in 2021 for a Covid-19 pump-and-dump at Parallax Health, and co-authored patents with convicted felon Edward Withrow III, tied to DVLT's largest shareholder EOS.
Short DVLT: sign up for the Data Vault platform to see the 'business' is NFTs of Putin vomiting and weather data posted by employees, and fade every new partnership PR.
With no real product, ~$700M market cap on a 2,800-sqft office, and a pending ~50% dilution from the Scilex deal, Wolfpack implies collapse toward the $0.285 prior low.
The three reasons
- 1
CEO Nathaniel Bradley was SEC-sanctioned in 2021 for falsely claiming Parallax Health had COVID-19 tests and PPE
- 2
Bradley co-authored EOS Technology patents with convicted felon Edward Withrow III, DVLT's largest shareholder
- 3
Data Vault 'platform' is a wasteland of NFTs (Putin vomiting, Parmesan Cheese, Dr. Oz) and employee-posted weather data
Primary demands
- Short DVLT common stock
- Reject the dilutive Scilex (SCLX) $150M BTC investment that issues 263.9M shares at $0.5378
- Discount management claims about Data Vault platform, 'Center for AI & Quantum Computing', and Burke/Scilex/NMHI/WGRX partnerships
KPIs cited
Pattern membership
Precedents cited
- Parallax Health Sciences COVID-19 SEC fraud (Bradley/Arena, 2021)
- Edward Withrow III / Parallax Diagnostics pump-and-dump (2012-2013)
- Wolfpack Faraday Future (FFAI) short report
- Augme Technologies 'bangbros of stock pump' defamation suit
- Skillz (SKLZ) and Presto Automation (PRST) shareholder wipeouts
Composition what's on the 16 slides
Slide gallery ·
Notes
Classic Wolfpack short: Word-processed research-note format (no slide deck) with embedded screenshots, Bloomberg charts, Google Maps pins, site-visit photos, and USASpending/sam.gov contract dumps. Heavily footnoted (50 citations). Rhetorical pattern stacks: (1) SEC-sanctioned promoter, (2) convicted-felon co-inventor, (3) fake HQ (beauty salon in Matawan NJ, co-working space in NYC), (4) fake 'quantum computing center' in Atlanta (actually 2,800 sqft on 5th floor), (5) platform is NFT wasteland, (6) partnerships are with penny-stock shell companies with no cash. Management quotes are used both as contradiction (Bradley hyping Data Vault as 'the center of our strategy' while the exchange is empty) and as self-incrimination. No formal valuation or price target — the implicit thesis is fraud/zero. Contains 'bangbros of stock pump' quote from prior Augme defamation suit as color.