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SCOPE TECHNOLOGIES CORP - SCPCF STOCK NEWS

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Scope AI Corp., previously known as Scope Carbon Corp. (CSE: SCPE) (OTCQB: SCPCF) (FSE: VN8), is a technology company based in Vancouver, Canada. The company specializes in artificial intelligence-driven image software, focusing on the identification and estimation of carbon-based lifeforms and emissions for carbon credits. Scope AI's flagship product, the Scope Analysis Platform, is an AI-powered tool for carbon mapping and analysis. The company recently appointed James Young as its new CEO, bringing over 25 years of experience in Adtech, Gaming, and Publishing. Scope AI aims to provide innovative AI solutions that drive growth and productivity across various industries.

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Scope Technologies Corp. (SCPCF) has engaged Percepture, a digital marketing and PR agency, to expand the market presence of its QSE (Quantum Security Entropy) brand. The partnership aims to drive client acquisition in the quantum security sector through targeted LinkedIn and Google Ads campaigns, focusing on QSE's quantum-resistant encryption and decentralized storage solutions.

The marketing strategy includes programmatic advertising and thought leadership initiatives, with upcoming SEO campaigns targeting key industries such as finance, healthcare, and legal sectors. The initiative will also promote GEM AI's machine learning solutions as part of Scope's multi-channel approach.

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Scope Technologies (SCPCF) announced the development of the QSE Mobile App, a quantum-resistant encrypted communication and file sharing solution. The app will utilize Scope's proprietary quantum-resistant round-trip encryption technology, targeting individuals, businesses, and enterprises, particularly in legal, healthcare, and financial sectors.

The app's key features include quantum-resistant encrypted communication for protecting conversations from classical and quantum-level attacks, secure file sharing with quantum-proof encryption, and cross-industry accessibility. The company plans to provide an update on the launch date in Q1 2025.

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Scope Technologies Corp. (SCPCF) has secured First Majestic Silver Corp. as an enterprise client for its quantum-resistant encryption and decentralized data vault solutions. The mining company completed a custom Proof of Concept process, including Scope's Quantum Preparedness Assessment, to evaluate data vulnerabilities in quantum computing scenarios. The implementation aims to protect First Majestic's data against both current and future quantum computing threats, ensuring seamless integration with their IT infrastructure while maintaining quantum-resilient standards.

The partnership comes amid growing concerns about quantum computing advancements, such as Google's Willow project, highlighting the increasing need for businesses to adopt quantum-resistant security measures.

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Scope Technologies (OTCQB: SCPCF) has responded to OTC Markets' inquiry regarding promotional activities of its shares. The company confirms engaging Creative Direct Marketing Group (CDMG) in June 2024 for investor relations and marketing services to promote its QSE platform. This engagement was publicly disclosed in multiple news releases.

The company acknowledges increased trading activity since November 25, 2024, but believes the promotional materials aren't solely responsible. Recent corporate activities include the exercise of 584,000 stock options at $0.60 per share, with 234,000 exercised by directors and officers. The company has engaged several third-party service providers for investor relations and marketing services in the past year.

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Scope Technologies (CSE: SCPE) (OTCQB: SCPCF) has announced significant upgrades to its data-in-transit security infrastructure, expanding its entropy delivery network across Europe, Asia, and North America. The expansion enhances service speed, reduces latency, and strengthens protection against cyber threats including man-in-the-middle attacks and Harvest Now, Decrypt Later (HNDL) strategies.

The network improvements focus on delivering faster and more reliable data encryption while supporting the company's upcoming secure mobile application. These advancements align with industry compliance requirements and reinforce QSE platform's capabilities in secure, real-time communications.

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Scope Technologies (CSE: SCPE) (OTCQB: SCPCF) has announced changes to its Board of Directors. Shoukri Kattan, Founder and CEO of BitLab, has been appointed as a new board member. Kattan brings over 20 years of experience in AI, MedTech, and digital health sectors. At BitLab, he has overseen the launch of 30+ products and helped startups raise more than $25 million. Previously, as Director of Engineering at Ericsson, he led a 100+ engineer team serving major clients like Apple and AT&T.

James Liang will be stepping down from the Board. CEO James Young expressed enthusiasm about Kattan's appointment, citing his experience in technology and innovation as aligned with Scope's mission in quantum security and AI.

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Scope Technologies (SCPCF) has signed a Letter of Intent for a strategic partnership with Global Care Innovations (GCI) and BitLab to deliver quantum-secure data solutions and AI-powered tools to healthcare providers across North America. Under the LOI, GCI will license Scope's QSE suite of quantum-resistant encryption and decentralized storage solutions for HIPAA-compliant data management. BitLab will serve as the primary development partner, utilizing Scope's visual recognition and neural network technologies to create customized AI applications for healthcare providers, focusing on improving diagnostics, streamlining patient care, and enhancing health outcomes.

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Scope Technologies (SCPCF) has launched a subscription-based cloud storage service featuring round-trip encrypted and quantum-resilient decentralized storage solutions for individuals and small businesses. The QSE (Quantum Security Entropy) platform extends enterprise-grade security features including quantum-proof encryption, immutable decentralized storage, and seamless API integration to smaller clients. The service offers tiered subscription options with flexible pricing based on storage needs and includes features like enhanced entropy calls for stronger encryption.

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Scope Technologies Corp. (CSE: SCPE) (OTCQB: SCPCF) (FSE: VN8) has completed updates for its new retail subscription model, offering full access to its encrypted, quantum-resilient, and decentralized cloud storage solutions. The company is now in closed user group testing, preparing for the official launch aimed at individual users and SMBs. Scope's QSE (Quantum Security & Entropy) platform provides enhanced protection through post-quantum encryption and decentralized storage, safeguarding against current and future cyber threats.

Key features include true quantum-proof encryption, immutable decentralized data storage, seamless integration, and affordable pricing plans. The retail model will offer tiered pricing based on storage needs, with additional services like increased entropy calls for enhanced encryption. This approach aims to make enterprise-level security accessible to a wider audience, providing protection against quantum computing risks and ransomware attacks.

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Scope Technologies Corp. (CSE: SCPE) (OTCQB: SCPCF) (FSE: VN8) has engaged Creative Direct Marketing Group Inc. (CDMG) for investor relations and marketing services. The partnership aims to raise public awareness of Scope Technologies and increase brand awareness of its QSE platform. CDMG, a full-service direct response advertising and digital marketing agency, will focus on promoting Scope's quantum-proof data storage and encryption solutions enhanced by neural network technology.

The engagement terms include an initial payment of $997,100 to CDMG for their services. CDMG, based in Nashville, Tennessee, has no prior relationship with Scope Technologies and is an arm's length party. The proposed compensation does not include any securities of Scope.

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FAQ

What is the current stock price of SCOPE TECHNOLOGIES (SCPCF)?

The current stock price of SCOPE TECHNOLOGIES (SCPCF) is $0.8 as of December 20, 2024.

What is the market cap of SCOPE TECHNOLOGIES (SCPCF)?

The market cap of SCOPE TECHNOLOGIES (SCPCF) is approximately 49.4M.

What is Scope AI Corp.'s core business focus?

Scope AI Corp. specializes in artificial intelligence-driven image software for the identification and estimation of carbon-based lifeforms and emissions for carbon credits.

Who is the new CEO of Scope AI Corp.?

James Young has been appointed as the new Chief Executive Officer of Scope AI Corp., bringing over 25 years of leadership experience in Adtech, Gaming, and Publishing.

What is the flagship product of Scope AI Corp.?

Scope AI's flagship product is the Scope Analysis Platform, an AI-powered tool for carbon mapping and analysis.

Where is Scope AI Corp. headquartered?

Scope AI Corp. is headquartered in Vancouver, British Columbia, Canada.

What industries does Scope AI Corp. target with its AI solutions?

Scope AI Corp. targets industries such as advertising, gaming, and healthcare with its AI-driven software solutions.

SCOPE TECHNOLOGIES CORP

OTC:SCPCF

SCPCF Rankings

SCPCF Stock Data

49.38M
43.42M
13.94%
6.02%
Software - Application
Technology
Link
United States of America
Vancouver