Pak Activities Dips After Deploying Anti-Drone System Along Jammu Border: IG JAMMU: Drone activities from Pakistan has dropped to almost zero after the deployment of an anti-drone system along the Jammu border, a senior BSF officer said on Friday, asserting that the Indian forces are much ahead over its adversary as far as technological upgradation is concerned. Inspector General of Border Security Force (BSF), Jammu frontier, D K Boora, said India is not the same when the country had old-fashioned weapons. It evolved to adopt new technology and advanced weapons, he added. Besides the heavy deployment of manpower, the technical surveillance is present on the entire border across Jammu region and it is being further expanded to other places in the country, he said. Talking to reporters in connection with the 60th Raising Day celebrations of the force and to highlight the achievements registered by his troops in Jammu this year, Boora said the sector has a sensitive border which is being monitored round-the-clock by boots-on-ground (manpower) and technological advancement with focus to ensure no infiltration from across the border. “The (drone) activities from across the border have come down and the exact reason for it is known to them (Pakistan) only. However, since we have upgraded our (anti-drone) systems on the borders, this problem (drone incursions) has dropped to almost zero in Jammu which proves that our technology is successful,” the BSF officer said. He said technology is evolving in every field all across the world. “It is obvious that the terror groups will use it and so our agencies like police, Army and BSF will try it as well. So this is a general process that the type of technology that is available, it is available for everyone and everyone uses it. And the technology that is available, its counter is also available at the same time,” the BSF officer said, referring to drone and counter-drone gadgets. He said if there is any upgradation of technology in Pakistan, the Indian forces are also getting a new version. In fact, India is ahead of its opponents, he added. “It happens everywhere... there is no need to worry about it because this upgrade is a normal process. If any new thing is available, then it is available for us too. So we use it. “And I assure you that our government and the forces do not leave any such shortage in upgradation that we are left behind of those who work against us,” Boora said, responding to a question on the steps taken to counter terrorists using advanced weapons. He said the Jammu border comes under the most sensitive border in the country and “our soldiers and officers do a very difficult duty here”. “And in doing this work, the BSF has also achieved great success. For this, I would like to congratulate all the people working under my command,” Boora said. Asked about the threat posed by the use of US-made M4 carbines by terrorists, the senior police officer said there is no specific threat as all weapons are the same. “There is hype about the foreign-made carbine even though it does not do anything different. It has the same system as other weapons... magazines, bullets and a trigger. “Today, India is not the same as it was when we had old-fashioned weapons. Now we have new technology, new India-made weapons which are very good,” he said. About the new technology and weapons inducted by BSF in the recent past, Boora said it is not right to divulge the details in the public domain. “I can assure you that the BSF has the latest technology and latest weapons. And whatever technology is upgraded, we immediately invest in it. And we get full support and money from the government. So we are much ahead in that,” he said. (Agencies)Kenya Reiterates Support For Safe Migration Of Skilled Labour
Barbara Morris doesn't really remember much from her Hour Record attempt. "I've forgotten everything about how it felt during (the ride)," she said. "I remember before, I remember feeling quite nervous about the whole thing. Then you breathe, then you go, then you're done." And when she was done, she was sitting with a new Canadian record distance for her category. For the uninitiated, the Hour Record is a cycling race where riders attempt to ride as far as they can in an hour. The race is a distillation of cycling into its purest form. The racer rides a fixed-gear track bike around a velodrome continuously for an hour in an attempt to go the furthest distance. But something as simple as riding a bike in a circle for an hour is also one of the cycling world's biggest challenges. The Hour Record has been pursued since at least 1876, when an American rider named Frank Dodds rode 26.508 km on a penny-farthing. Since then, the top names in cycling have attempted to one up each other, pushing the limits of human endurance, technology and fitness to astounding heights. At the bleeding edge of the sport today, the record stands at 56.792 km and is held by pro racer Filippo Ganna, and the elite pro women's record is 50.267 km, held by Vittoria Bussi. But the race isn't just for the world tour pros. Every year, there is an event called Day of the Hour in Milton, Ont. where athletes can test themselves against the clock. In August, 2024, Comox Valley cyclists Barbara Morris and Derek Steel both took to the track in Milton and made their attempts, and they came away quite successful. Morris now has the Canadian record for Women aged 65-69, riding 38.838 km, and Steel has the world record for men aged 80-84, travelling 39.836 km. "Giuseppe Marinoni was the first person in Derek's age group to set the world record," Morris said. Marinoni, a well-known figure in Canadian cycling, is also the founder of the Marinoni bike brand. Steel said that if he and Marinoni were to have started at the same time, Steel would have lapped Marinoni a few times over. Riders have to train to maintain a high cadence (pedalling speed) and hold themselves still in an uncomfortable, aerodynamic position for the entirety of the race. They do not get to monitor their pace, except through their coaches yelling split times every lap or so and have to endure a lot of physical pain to pull it off. They also have to train for years to build up their endurance and stamina for the event. "You're keeping your body in position and trying to be as aerodynamic as possible," Morris said. "After 30 minutes on the loudspeaker they would say it was half over, and I was like 'only half?' " "I heard the announcement saying there was 15 minutes to go, and it felt like I'd been there for two hours already, just being in that position," Steel added. At this level of competition, the gear plays a large role in the event. Some consider the race to be a test of the limits of equipment as much as it is a test of the human limits. Through testing, van der Vliet determined the optimum cadence for both riders and chose gear ratios to maximize that. He also considered things like chain friction and the number of watts the riders would save if their chains were going around larger gears that would cause fewer articulations. However, at the end of the day, it was all about the rider. Steel's bike is more than 15 years old, and Morris', though newer, is not at the level of a rider like Ganna (Ganna's kit cost more €75,000, or $109,795.87 Canadian). There is only so much technical innovation that can go into a track bike, which has fixed gears and doesn't even have brakes. The journey to even attempting an Hour Record is long. Steel started training two years ago, but had to postpone his attempt due to an injury. Morris joined him a year later. Under the watchful eye of coach John van der Vliet, they did everything from hill repeats to motor pacing (riding behind a motorcycle or scooter to reduce air resistance) to get their speed and endurance up. The pair also travelled to Victoria to train in the outdoor velodrome there. But to Morris and Steel, riding bikes at a high level is just what they do. Steel, at 81 years old, will be racing cyclocross this weekend in Nanaimo and has already signed up for the 2025 Trek BC Gravel Series for 2025. Morris, in her 60s, will be helping spread her knowledge to upcoming generations of riders and training for a full season of racing in the new year. Both are members of the Comox Valley Cycling club, which is actively seeking new members (and they don't have to be racers). "I want younger people to look at me, at 81, and see something they can aspire to," Steel said. "I'm racing against 55-year-olds next weekend. If we were to cut off the point series right now, I'd be in eighth place over all ... that's why I do it. Don't give up, age isn't that important. It's just a mindset." For more information on the Comox Valley Cycle Club, visit .
For many years there has been something special about matches between Newcastle and Liverpool that guarantees entertainment. Fans were not disappointed in the midweek clash at St James' Park as they witnessed a 3-3 thriller in a game that some called the best of the season. Two goals from the amazing Mohamed Salah looked like they would clinch matters for the league leaders but a last minute strike by Fabien Schar ensured the Magpies shared the points. It reminded many people of the classic 1996 meeting between the two sides which Liverpool won 4 -3 and contributed to Newcastle's failure to win the league that season. Despite dropping two precious points, Liverpool fans will have been encouraged by what manager Arne Slot had to say after the game concerning Salah's future at the club. He called Salah's performance "outstanding" and commented "we are hoping and expecting that he can continue this for a long time." But the action was not confined to Newcastle as on Wednesday night alone 25 goals were scored in the six matches. And when you get down to the nitty gritty of football it's goals spectators want to see. With another 10 in the four matches on Tuesday and Thursday the net total for the 10 games was a healthy 35 goals. It doesn't quite match the record 45 goals scored in the 10 games one February weekend last year, but it's not a bad effort. Aside from the action at St James' catching the eye was Chelsea's 5-1 demolition of a very poor Southampton side at St Mary's. Once again the Saints self-destructed with disastrous playing out from the back and some fragile goalkeeping. And then there was a silly sending off when captain Jack Stephens pulled Marc Cucurella's hair, although some might argue that it hardly warranted a red card. The win moved Chelsea into second place but they should have a more demanding fixture tomorrow when they travel to Tottenham Hotspur despite Spurs' surprise mid-week loss to Bournemouth. Perhaps the most significant result on Wednesday was defending champions Manchester City ending their losing streak with a comprehensive 3-0 win over Nottingham Forest. They were still below their best but it brought a huge sigh of relief from manager Pep Guardiola. It also gave City fans hope that maybe they could claw their way back into contention. Another important result was Arsenal's 2-0 victory over Manchester United. Once again Arsenal looked dangerous from corner kicks and both of their goals were scored by defenders, Jurrien Timber and William Saliba who admittedly didn't know much about his goal as it went in off his backside. It put an end to Ruben Amorim's three-match unbeaten run with United although he will be confident of bouncing back with today's home fixture against Forest. The most surprising scoreline came from Goodison Park where Everton, not known for their goalscoring prowess, thrashed Wolves 4-0 although they did benefit from two own goals by unlucky Wolves defender Craig Dawson. It was an important win for Everton and will give them much-needed confidence when they take on Liverpool at Goodison today. Another side enjoying a return to form were Aston Villa who earned a 3-1 win against Brentford thanks to an excellent first-half performance. After the mid-week excitement we can probably expect a goal drought this weekend as nervous managers bid to tighten up their defences.South Korea's leader prompts dismay by briefly declaring martial law. Here's what to know
FRISCO, Texas (AP) — Dallas Cowboys linebacker DeMarvion Overshown could miss the 2025 season recovering from the right knee injury sustained in a loss to Cincinnati, coach Mike McCarthy said Tuesday. McCarthy said Overshown has a “long road of rehab in front of him.” The second-year player tore multiple ligaments when a Bengals lineman crashed into his leg in the Cowboys' 27-20 loss Monday night. Overshown missed all of his rookie year in 2023 after tearing the ACL in his left knee in a preseason game. The latest injury came in his first game since a spectacular 23-yard interception return for a touchdown in a 27-20 victory over the New York Giants on Thanksgiving. “DeMarvion is getting ready to have a big surgery in front of him,” McCarthy said of the procedure planned this week. “His physical and football talent speaks for itself. He’s such a bright light. He’s got a great, infectious personality — a tough young man. He is definitely going to be missed.” The former Texas standout, drafted in the third round last year, was second on the team to star pass rusher Micah Parsons with five sacks when he went down. The December timing of Overshown's injury means rehab is likely to extend past training camp and into the regular season next year, after he turns 25. Parsons was emotional when asked about Overshown after the Cincinnati game. “I cried,” he said. “It’s like my little bro, bro. He doesn’t deserve that either. Just to understand what he’s going to go through and to be there for him physically, mentally. It’s just so challenging because of the year he was having. I really just don’t think that’s fair either.” The loss of Overshown comes with defensive end DeMarcus Lawrence close to return from a foot injury that has sidelined him since Week 4. But the Cowboys (5-8) are all but out of the playoffs as they prepare to visit Carolina (3-10) on Sunday. AP NFL: https://apnews.com/hub/nfl
Giannis Antetokounmpo named Eastern Conference Player of the Week for Week 5
GREAT FALLS, Va. & AMSTERDAM--(BUSINESS WIRE)--Dec 10, 2024-- Coincheck Group N.V. (“Coincheck”), a Dutch public limited liability company and a holding company of a cryptocurrency trading service company, and Thunder Bridge Capital Partners IV, Inc. (Nasdaq: THCP, THCPU & THCPW) (“Thunder Bridge IV”), a special purpose acquisition company, announced today the consummation of their previously announced business combination. As a result, the ordinary shares and warrants of Coincheck will commence trading on Nasdaq on December 11, 2024 under the new ticker symbols “CNCK” and “CNCKW,” respectively. The business combination was approved at a special meeting of the shareholders of Thunder Bridge IV on December 5, 2024. “The completion of our business combination with Thunder Bridge IV marks an extraordinary milestone for Coincheck,” said Oki Matsumoto, Representative Executive Officer and Chairman of Monex Group, Inc., and Executive Chairman of Coincheck. “Coincheck was created through the fusion of a robust business foundation built in Japan, combined with the strengths of the U.S. capital markets through the close collaboration of exceptional business and capital markets talent in both Japan and the U.S. We are incredibly proud and excited to become a Nasdaq listed company and for what the future holds for the Coincheck group companies and our shareholders.” “We are pleased to announce the closing of our merger with the entire Coincheck team,” said Gary Simanson, President and CEO of Thunder Bridge IV. “As a member of the board of directors and CEO of Coincheck, I look forward to partnering with Oki and his team to build one of the preeminent global crypto and Web3 companies in the world.” Coincheck Group N.V. (“CNCK” and “CNCKW”), is a global holding company, headquartered in the Netherlands, operating in the crypto asset and Web3 domains, and is the parent company of Coincheck, Inc. (“Coincheck Japan”), which operates the regulated crypto asset trading service “Coincheck” in Japan. Coincheck Japan is the leading crypto asset exchange in Japan and is one of the most established and trusted names in crypto. Coincheck Japan has been recognized as Japan’s No.1* most downloaded trading app for five consecutive years. Coincheck is on a mission to “Make Exchange of New Value Easier” by utilizing crypto assets and blockchain technology. Coincheck Group N.V. is one of only two publicly listed companies on NASDAQ having a crypto asset exchange as its core business. As a newly listed NASDAQ company, and “Your Trusted Global Partner in the Digital World,” Coincheck is well-positioned to further solidify the group’s dominant position in Japan’s crypto asset trading industry and to establish the group as a global player in the crypto and Web3 industry worldwide. The business combination resulted in gross proceeds of approximately $31.6 million to the combined company, including funds held in a restricted account pursuant to the terms of the previously announced non-redemption agreement, and net of Thunder Bridge IV shareholder redemptions. J.P. Morgan Securities LLC served as sole financial advisor to Monex Group, Inc., Coincheck Japan’s former direct parent company and now the parent company of Coincheck, in connection with the business combination. Galaxy Digital Partners LLC served as financial advisor to Thunder Bridge IV and Barclays Capital Inc, BTIG, LLC, Cantor Fitzgerald & Co., Inc, Keefe, Bruyette & Woods, Inc., a Stifel Company, and KeyBanc Capital Markets Inc. served as capital markets advisors to Thunder Bridge IV in connection with the business combination. Nelson Mullins Riley & Scarborough LLP, Mori Hamada & Matsumoto, Littler Mendelson P.C. and Allen & Overy LLP served as legal advisors to Thunder Bridge IV and Simpson Thacher & Bartlett LLP, Anderson Mori & Tomotsune, and De Brauw Blackstone Westbroek N.V. served as legal advisors to Coincheck and Monex Group, Inc. Forward Looking Statements This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements include, but are not limited to, statements about trading, future financial and operating results, plans, objectives, expectations and intentions with respect to future operations, products and services; and other statements identified by words such as “will likely result,” “are expected to,” “will continue,” “is anticipated,” “estimated,” “believe,” “intend,” “plan,” “projection,” “outlook” or words of similar meaning or the negative thereof. These forward-looking statements include, but are not limited to, statements regarding Coincheck’s trading, industry and market sizes, future opportunities for Coincheck , Coincheck Japan and Thunder Bridge IV, Coincheck’s estimated future results and the business combination between Thunder Bridge IV and Coincheck.. Such forward-looking statements are based upon the current beliefs and expectations of our management and are inherently subject to significant business, economic and competitive uncertainties and contingencies, many of which are difficult to predict and generally beyond our control, which could cause actual results or events to differ materially from those presently anticipated including (i) a delay or failure to realize the expected benefits from the business combination, (ii) risks related to disruption of management’s time from ongoing business operations due to the business combination, (iii) changes in the cryptocurrency and digital asset markets in which Coincheck competes, including with respect to its competitive landscape, technology evolution or regulatory changes, (iv) changes in domestic and global general economic conditions, (v) risk that Coincheck may not be able to execute its growth strategies, including identifying and executing acquisitions, (vi) risk that Coincheck may not be able to develop and maintain effective internal controls and (vii) and other risks and uncertainties discussed in Coincheck’s filings with the U.S. Securities and Exchange Commission. Coincheck undertakes no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments, or otherwise, except as required by law. About Coincheck Group N.V. Coincheck Group N.V. is a Dutch public limited liability company and a holding company of Coincheck, Inc., , which operates the “Coincheck” cryptocurrency trading service, and has achieved the highest number of app downloads in Japan for 5 consecutive years*. With the mission of “Making Exchange of New Value Easier,” Coincheck, Inc. aims to create better services that allow people to feel the value of new exchanges created by cryptocurrencies and blockchain technologies, through the latest technology and advanced security. *Target: Cryptocurrency trading app in Japan, Period: January 2019-December 2023, Data cooperation: App Tweak View source version on businesswire.com : https://www.businesswire.com/news/home/20241210703460/en/ CONTACT: Coincheck Group N.V. Media Relations For inquiries from the press regarding this release, please contact: Coincheck Group N.V. Public RelationscoincheckIR@icrinc.comCoincheck Group N.V. Investor Relations For inquiries from the press regarding this release, please contact: coincheckIR@icrinc.com KEYWORD: VIRGINIA NETHERLANDS NORTH AMERICA UNITED STATES ASIA PACIFIC EUROPE INDUSTRY KEYWORD: APPS/APPLICATIONS TECHNOLOGY FINANCE FINTECH PROFESSIONAL SERVICES BLOCKCHAIN SOFTWARE INTERNET CRYPTOCURRENCY SOURCE: Coincheck Group N.V. Copyright Business Wire 2024. PUB: 12/10/2024 05:52 PM/DISC: 12/10/2024 05:50 PM http://www.businesswire.com/news/home/20241210703460/enGet ready for a college football bowl season like you’ve never seen. It’s the first year of the expanded 12-team College Football Playoff to determine the national champion, with first-round games kicking off Friday, December 20. In the new format, the top four conference champions (Oregon, Georgia, Arizona State and Boise State) receive a first-round bye and automatic entry into the quarterfinals. The remaining eight teams play in the four-game first round, with matchups held at the home stadiums of the higher-ranked participants. The “New Year’s Six” bowls serve as the quarterfinals and semifinals, with the national championship decided Monday, January 20, at Mercedes-Benz Stadium in Atlanta. Of course, there’s still plenty of college football postseason action through early January that doesn’t involve the national championship chase. The parade of bowl games begins Saturday, December 14, with the Cricket Celebration Bowl in Atlanta. A great tradition continues in Landover, Maryland, as the Navy Midshipmen take on the Army Black Knights Saturday on CBS at 3/2c. Later on Saturday, the Heisman Trophy is presented to the season’s most outstanding player in a ceremony on ESPN at 8/7c. Finalists are Oregon QB Dillon Gabriel, Colorado WR/CB Travis Hunter, Boise State RB Ashton Jeanty (pictured above) and Miami QB Cam Ward. Here’s your complete lineup of College Football Playoff games and other bowl matchups: All times Eastern/Central. Friday, December 20 No. 10 Indiana at No. 7 Notre Dame, ABC/ESPN, 8/7c Saturday, December 21 No. 11 SMU at No. 6 Penn State, noon/11a c, TNT/Max No. 12 Clemson at No. 5 Texas, 4/3c, TNT/Max No. 9 Tennessee at No. 8 Ohio State, 8/7c, ABC/ESPN Tuesday, December 31 Vrbo Fiesta Bowl (Glendale, Arizona): TBA vs. No. 3 Boise State, (ESPN) Wednesday, Jan. 1 Chick-fil-A Peach Bowl (Atlanta): TBA vs. No. 4 Arizona State, 1/noon c, ESPN Rose Bowl (Pasadena, California): TBA vs. No. 1 Oregon, 5/4c, ESPN Allstate Sugar Bowl (New Orleans): TBA vs. No. 2 Georgia, 8:45/7:45c, ESPN Thursday, January 9 Capital One Orange Bowl (Miami, Florida): TBA vs. TBA, 7:30/6:30c, ESPN Friday, January 10 Goodyear Cotton Bowl Classic (Arlington, Texas): TBA vs. TBA, 7:30/6:30c, ESPN Monday, January 20 National Championship (Atlanta): TBA vs. TBA, 7:30/6:30c, ESPN Saturday, December 14 Cricket Celebration Bowl (Atlanta): Jackson State vs. South Carolina State, noon/11a c, ABC IS4S Salute to Veterans Bowl (Montgomery, Alabama): South Alabama vs. Western Michigan, 9/8c, ESPN Tuesday, December 17 Scooter’s Coffee Frisco Bowl (Frisco, Texas): Memphis vs. West Virginia, 9/8c, ESPN Wednesday, December 18 Boca Raton Bowl (Boca Raton, Florida): Western Kentucky vs. James Madison, 5:30/4:30c, ESPN Art of Sport LA Bowl (Inglewood, California): Cal vs. UNLV, 9/8c, ESPN Thursday, December 19 R+L Carriers New Orleans Bowl (New Orleans): Georgia Southern vs. Sam Houston, 7/6c, ESPN2 Friday, December 20 StaffDNA Cure Bowl (Orlando, Florida): Ohio vs. Jacksonville State, noon/11a c, ESPN Union Home Mortgage Gasparilla Bowl (Tampa, Florida): 3:30/2:30c, ESPN Monday, December 23 Myrtle Beach Bowl (Conway, South Carolina): Coastal Carolina vs. UTSA, 11a/10a c, ESPN Famous Idaho Potato Bowl (Boise, Idaho): Northern Illinois vs. Fresno State, 2:30/1:30c, ESPN Tuesday, December 24 Hawai’i Bowl (Honolulu): South Florida vs. San José State, 8/7c, ESPN Thursday, December 26 GameAbove Sports Bowl (Detroit): Pittsburgh vs. Toledo, 2/1xc, ESPN Rate Bowl (Phoenix): Rutgers vs. Kansas State, 5:30/4:30c, ESPN 68 Ventures Bowl (Mobile, Alabama): Arkansas State vs. Bowling Green, 9/8c, ESPN Friday, December 27 Lockheed Martin Armed Forces Bowl (Fort Worth, Texas): Oklahoma vs. Navy, noon/11a c, ESPN Birmingham Bowl (Birmingham, Alabama): Georgia Tech vs. Vanderbilt, 3:30/2:30c, ESPN AutoZone Liberty Bowl (Memphis, Tennessee): Texas Tech vs. Arkansas, 7/6c, ESPN DirecTV Holiday Bowl (San Diego): Syracuse vs. Washington State, 8/7c, Fox SRS Distribution Las Vegas Bowl (Las Vegas): Texas A&M vs. USC, 10:30/9:30c, ESPN Saturday, December 28 Wasabi Fenway Bowl (Boston): UConn vs. North Carolina, 11a/10a c, ESPN Bad Boy Mowers Pinstripe Bowl (Bronx, New York): Boston College vs. Nebraska, Noon/11a c, ABC Isleta New Mexico Bowl (Albuquerque, New Mexico): Louisiana vs. TCU, 2:15/1:15c, ESPN Pop-Tarts Bowl (Orlando, Florida): Iowa State vs. Miami, 3:30/2:30c, ABC Snoop Dogg Arizona Bowl (Tucson, Arizona): Miami (Ohio) vs. Colorado State, 4:30/3:30c, The CW Go Bowling Military Bowl (Annapolis, Maryland): East Carolina vs. NC State, 5:45/4:45c, ESPN Valero Alamo Bowl (San Antonio): BYU vs. Colorado, 7:30/6:30c, ABC Radiance Technologies Independence Bowl (Shreveport, Louisiana): Marshall vs. Army, 9:15/8:15c, ESPN Monday, December 30 TransPerfect Music City Bowl (Nashville, Tennessee): Iowa vs. Missouri, 2:30/1:30c, ESPN Tuesday, December 31 ReliaQuest Bowl (Tampa, Florida): Alabama vs. Michigan, noon/11a c, ESPN Tony the Tiger Sun Bowl (El Paso, Texas): Louisville vs. Washington, 2/1c, CBS Cheez-It Citrus Bowl (Orlando, Florida): South Carolina vs. Illinois, 3/2c, ABC Kinder’s Texas Bowl (Houston): Baylor vs. LSU, 3:30/2:30c, ESPN Thursday, January 2 TaxSlayer Gator Bowl (Jacksonville, Florida): Duke vs. Ole Miss, 7:30/6:30c, ESPN Friday, January 3 SERVPRO First Responder Bowl (Dallas): North Texas vs. Texas State, 4/3c, ESPN Duke’s Mayo Bowl (Charlotte, North Carolina): Minnesota vs. Virginia Tech, 7:30/6:30c, ESPN Saturday, January 4 Bahamas Bowl (Nassau, Bahamas): Buffalo vs. Liberty, 11a/10a c, ESPN2 More Headlines:Latest employment data shows little change in tech job market, CompTIA analysis finds
( MENAFN - Newsfile Corp) Vancouver, British Columbia--(Newsfile Corp. - December 13, 2024) - Scope Technologies Corp. (CSE: SCPE) (OTCQB: SCPCF) (FSE: VN8) (" Scope Technologies " or the " Company ") announces that it has been requested by OTC Markets Group Inc. (" OTC Markets ") to issue this statement about promotional activity concerning its common shares (the " Shares ") traded on the OTCQB Venture market (" OTCQB ") (operated by OTC Markets). On December 9, 2024, OTC Markets informed the Company that it became aware of certain promotional activities concerning the Company and its Shares traded on the OTCQB, including an online editorial (the " Promotional Materials ") published by Creative Direct Marketing Group Inc. (" CDMG ") discussing the Company, its business, the economy, and the data security. On June 13, 2024, the Company entered into a work order with CDMG whereby CDMG would provide investor relations and marketing services to raise public awareness of the company and increase brand awareness of its QSE platform. Accordingly, the Promotional Material was paid for by the Company. The engagement of CDMG, the nature of the relationship between the Company and CDMG, as well as the compensation paid CDMG, was publicly disclosed in news releases on September 13, 2024, September 20, 2024 and November 14, 2024, which can be found under the Company's profile on SEDAR+ ( ). The Company provided CDMG with publicly available sources of information for its marketing materials and management reviewed and approved the materials prepared by CDMG prior to their dissemination, including to ensure factual accuracy. The Company does not believe the statements in the Promotional Materials were materially false or misleading. However, the Company notes that investing in the Company's securities involves certain risks and uncertainties which investors should review prior to making any investment decision. The Company encourages all investors to undertake proper due diligence and carefully consider all investment decisions. The Company directs potential investors to rely solely on its filings and disclosures made with the Canadian Securities Administrators, available at . After inquiry of management, other than CDMG and the third party service providers noted below, no directors, control persons, officers, or controlling shareholders have been involved with the creation, distribution, or payment of promotional materials related to the Company and its securities. The Company understands this promotional activity coincided with increased trading activity in its Shares beginning on approximately November 25, 2024. However, the Company believes that the Promotional Materials are not the sole reasons for the increase in trading volume of its Shares. After inquiry of management, its officers, directors, any controlling shareholders, or any third-party service providers, the Company is not aware of any purchases or sales of the Company's shares in the past 90 days except for (i) the exercise of 584,000 stock options at an exercise price of $0.60 per share. Of the 584,000 stock options, a total of 234,000 stock options were exercised by directors and officers and were filed on the Canada's insider reporting platform , and (ii) Market IQ Media Group Inc. did not provide the Company with a response on whether it has purchased or sold securities of the Company over the last 90 days. The Company has engaged the following third-party service providers to provide investor relations services, public relations services, marketing, or other related service within the last twelve months: Maynard Communication Limited (engaged in October 2022), Market IQ Media Group Inc. (which is a subcontractor by Maynard Communication Limited and not directly paid by the Company), Think In Marketing Data and Email Services (engaged in March 2024), CDMG (engaged in June 2024 and commenced in November 2024), Insight Capital Partners Inc. (engaged in September 2024) and Plutus Invest & Consulting GmbH (engaged in October 2024). Other than pursuant to financings and acquisition transactions in accordance with Canadian Securities Exchange policies, which the Company has publicly disclosed in news releases dated July 10, 2024, July 31, 2024 and August 7, 2024 (available at: ), the Company has not issued shares, or convertible instruments allowing conversion to equity securities, at prices constituting, at the time of issuance of such shares or convertible instruments, a discount to the then current market price. About Scope Technologies Corp. Headquartered in Vancouver, British Columbia, Scope Technologies Corp. is a pioneering technology company specializing in quantum security and machine learning. Through its primary brand, QSE Group, Scope provides next-generation solutions in data security, quantum encryption, and decentralized storage, empowering businesses with secure, scalable technologies that drive growth and operational efficiency. LinkedIn: scope-technologies-corp Facebook: Scope Technologies Corp Twitter: @ScopeTechCorp MENAFN13122024004218003983ID1108991959 Legal Disclaimer: MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.