Scope Technologies Corp. Addresses OTC Markets’ Inquiry on Recent Promotional Activity: What You Need to Know

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.

What You Need to Know

Scope Technologies Corp. has recently come under scrutiny due to promotional activities surrounding its common shares on the OTCQB Market. The OTC Markets Group Inc. has requested the company to address these activities and issue a statement in response to the concerns raised.

The promotional materials in question were published by Creative Direct Marketing Group Inc. and cover various aspects of Scope Technologies Corp., including its business operations, the state of the economy, and data security. This has prompted OTC Markets to investigate the matter further.

As an investor or stakeholder in Scope Technologies Corp., it is important to be aware of these developments and to stay informed about how the company is handling the situation. Transparency and communication from the company are key in addressing any concerns or inquiries raised by regulatory bodies.

It is crucial for Scope Technologies Corp. to maintain credibility and trust with its investors and the market as a whole. Addressing any issues related to promotional activities and ensuring compliance with regulatory requirements is essential for the long-term success and sustainability of the company.

How This Will Affect You

This inquiry by OTC Markets Group Inc. on Scope Technologies Corp.’s promotional activities may have a direct impact on investors and stakeholders of the company. Increased scrutiny and regulatory oversight could potentially affect the stock price and trading volume of Scope Technologies Corp.’s common shares on the OTCQB Market.

Investors should closely monitor the developments of this inquiry and be prepared for potential fluctuations in the market. It is crucial to stay informed about how the company is addressing the concerns raised by OTC Markets and to make informed decisions based on the information provided.

How This Will Affect the World

The way Scope Technologies Corp. handles this inquiry from OTC Markets Group Inc. could have broader implications for the world of business and finance. By addressing the concerns raised and implementing appropriate measures to ensure compliance with regulatory requirements, the company sets a precedent for transparency and accountability in the market.

This case also highlights the importance of regulatory oversight in maintaining the integrity of financial markets and protecting investors from fraudulent or misleading promotional activities. By holding companies accountable for their actions, regulatory bodies like OTC Markets help safeguard the interests of investors and promote trust in the market as a whole.

Conclusion

Scope Technologies Corp. is actively addressing OTC Markets’ inquiry on recent promotional activity surrounding its common shares traded on the OTCQB Market. As an investor or stakeholder, it is important to stay informed about these developments and to closely monitor how the company responds to the concerns raised.

Transparency, compliance with regulatory requirements, and open communication are essential in maintaining credibility and trust with investors and the market. By handling this inquiry effectively, Scope Technologies Corp. can demonstrate its commitment to accountability and integrity in the business world.