ROSEN, A GLOBAL AND LEADING LAW FIRM, Encourages TMC the metals company Inc. f/k/a Sustainable Opportunities Acquisition Corp. Investors with Losses to Secure Counsel Before Important Deadline in Securities Class Action Commenced by the Firm – TMC, TMCWW, SOAC, SOAC.U, SOACWS

NEW YORK, Oct. 29, 2021 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, announces it has filed a class action lawsuit on behalf of purchasers of the securities of TMC the metals company Inc. f/k/a Sustainable Opportunities Acquisition Corp. (NASDAQ: TMC, TMCWW) (NYSE: SOAC, SOAC.U, SOACWS) between March 4, 2021 and October 5, 2021, inclusive (the “Class Period”). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than December 27, 2021.

SO WHAT: If you purchased TMC securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the TMC class action, go to http://www.rosenlegal.com/cases-register-2173.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than December 27, 2021. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) the Company had significantly overpaid to acquire Tonga Offshore Mining Limited (“TOML”) to undisclosed insiders; (2) the Company had artificially inflated its Nauru Ocean Resources Inc. (“NORI”) exploration expenditures to give investors a false scale of its operations; (3) the Company’s purported 100% interest in NORI was questionable given prior disclosures to the International Seabed Authority (“ISA” or the “Authority”) that NORI was wholly owned by two Nauruan foundations and that all future income from NORI would be used in Nauru; (4) defendants had significantly downplayed the environmental risks of deep-sea mining polymetallic nodules and failed to adequately warn investors of the regulatory risks faced by the Company’s environmentally risky exploitation plans; (5) the Company’s private investment in public equity (“PIPE”) financing was not fully committed and, therefore, the Company would not have the cash necessary for large sale commercial production; (6) as a result of the foregoing, the Company’s valuation was significantly less than defendants disclosed to investors; and (7) as a result, defendants’ public statements were materially false and/or misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the TMC class action, go to http://www.rosenlegal.com/cases-register-2173.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

——————————

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com

Webtel.mobi Appoints Global Consultancy Frost & Sullivan to Carry Out Its Revaluation – Also Enables Limited Placements of Its Otherwise Unavailable Shares

WM’s Share Swap Platform can be accessed worldwide

WM’s Share Swap Platform can be accessed worldwide

Webtel.mobi – the Global Telephony Company that created the world’s first Global Digital Currency and Global Clearing System – has initiated its Revaluation by Global Consultancy Frost & Sullivan, and is enabling limited placements of its shares on its own platform and via external entities

ST PETER PORT, Guernsey and NEW YORK, Oct. 29, 2021 (GLOBE NEWSWIRE) — Since completing its refined Platform 2 in late 2021, Global Telephony Provider Webtel.mobi (“WM”) has been preparing to focus its attention primarily on global expansion in 2022. This global expansion will be implemented by WM’s appointment of multiple marketing companies that have marketing agent complements in the thousands of persons, who will extend the Affiliate (VSMP) Program opportunity to entities worldwide.

As WM had already gained worldwide VSMPs that have cumulatively just over 288 million members through the activities of primarily only one marketing agent without it even commencing active marketing of the VSMP opportunity, it anticipates VSMP growth in 2022, and with that, rapid member and revenue growth in 2022.

WM’s Global Growth via VSMPs is extremely rapid

WM’s Global Growth via VSMPs is extremely rapid

Moreover, WM’s position of having zero debt combined with extremely low running costs – due to its Artificial Intelligence Complex Adaptive System managing the majority of the administrative and logistical flows on its Platform, and its worldwide premises and personnel requirements being satisfied by its VSMPs – the Company is able to focus the majority of its attention on these expansion activities.

The only other activities WM will undertake in 2022 are the making live of five additional Facilities which are already configured within its system:

  • Its Gold-Backed “Secured TUV” Global Digital Currency
  • Its Programmable “Smart TUV” Digital Currency
  • Its SCRM Kiosks for global refunds to primarily Unbanked persons
  • Its Personal Emergency System
  • Its Global Emergency System

As all these Facilities are largely already completed, they will be able to be made live without detracting from the primary focus of global expansion.

In closing off the year 2021, WM is therefore attending to two remaining aspects of its business to be completed prior to 2022’s focused expansion, which are:

  • Revaluation of the Company to include the value of the reconfigured TUV Global Digital Currency
  • Enabling its private shareholders to make some of their shareholding available for sale, to acquire liquidity

REVALUATION OF WM

WM has appointed the Global Consultancy, Frost & Sullivan, to carry out the revaluation, and to include the value of WM’s Globally Valid TUV Digital Currency in its reconfigured format. This is because in its reconfigured format, the TUV Digital Currency is easily recognizable to all people. This in turn makes it easily usable for every transaction type, in every country, by any persons or entities who are Members of WM or one of its VSMPs, worldwide.

Consequently, the additional value that access to all these markets in all countries – including the ten largest markets in the world by volume and value – is anticipated to be significant.

WM appointed Frost & Sullivan because it is one of the world’s longest-established and most experienced global consultancies. It has been providing analysis, research, advisory and other specialized services to a worldwide client base for over 60 years – to the extent it now partners with 98% of the world’s top 1 000 companies.

Moreover, Frost & Sullivan’s thousand-plus highly skilled analysts provide expert advisory services across 13 industries, 35 sectors and 300 markets globally.

Frost & Sullivan has also been following the progress of WM for the last 13 years – since the initiation of limited operations with its Platform 1, and throughout the testing and period and the rebuild of its refined Platform 2. It also previously carried out two global due diligences on WM in North America, Latin America, Europe, Asia, and Africa, with teams led by some of its most experienced personnel (see the “Resources” section of this article for a video on confirmation of this due diligence).

Consequently, Frost & Sullivan is best placed to carry out a competent review and revaluation of WM to include the additional value brought by the reconfigured TUV Digital Currency, in its reconfigured format.

This Revaluation is anticipated to be completed in mid-December 2021.

ENABLING PLACEMENTS OF LIMITED WM SHARES

WM has not utilized, or taken in any funding from external corporate entities, to complete its System. It was completely self-financed by its founder and by a small number of less than 300 private individuals. As these private individuals have had a long wait for the WM System to be planned, built, tested worldwide for nine years, and then rebuilt as the refined Platform 2, WM is now enabling those individuals who wish to do so – to place some of their shareholding in WM, to acquire some liquidity.

WM’s shares have historically been unavailable to third parties outside of private individuals who were personally introduced to the Company by existing shareholders. This will therefore constitute the first opportunity for external persons and parties to acquire any shareholding in WM.

This limited placement of WM shares will be carried out via two mechanisms, which are as follow:

The WM Share Swap Platform:
Because WM is not going to list on a Stock Exchange – because it does not need to raise capital and it deems it a risk to list on venues owned by private companies whose business WM may affect in the future – it has created its own Closed-Loop Members-Only internal market – the Share Swap Platform.

The Share Swap Platform is open to Qualified Members of WM within its Closed-Loop members-Only system. To join WM is free, and the requirements to become a Qualified Member are that a Member needs to upload specific KYC confirmation documents to confirm his or her capacity to subscribe. This internal market is overseen by WM’s Resident Agent and Registrar firm, which is a licensed fiduciary services firm in Guernsey.

The Share Swap Platform enables Member-Shareholders to place offers on the Platform of shares they wish to sell, and other qualified members of WM may acquire these shares over the platform, directly, in PP2P transactions, at zero cost (other than the cost of the shares). The minimum acquisition price on the Share Swap Platform is the minimum price of the shares as set by WM’s last valuation (USD 252.00 per share).

The platform has been reviewed and approved by WM’s supervising Resident Agent and Registrar firm in Guernsey, which also has oversight over all Share Swap Transactions.

This is a safe, secure, zero cost and efficient platform and internal market, and to utilize it, all that is required is to join WM as a member, and upload the relevant KYC documentation to become a Qualified Member (i.e. a member Qualified to utilize the Share Swap platform).

To utilize the Share Swap Platform, all that is required is to join WM as a Member from any one of its urls as shown in the “Resources” section of this article, click on the “Share Swap” link in the WM Account, and follow the directions listed there. Alternatively, an email can be sent to the helpline email address requesting assistance, at support@webtel.mobi

Placements by external companies and entities:
For persons or entities that do not wish to utilize the Share Swap Platform, or who wish to ensure they acquire WM shares, and who consequently do not wish to first take the time to have their KYC documents certified and reverified by an attorney or notary, WM has facilitated a second mechanism.

WM has obtained consent from its supervising Resident Agent and Share Registrar in Guernsey to allow and enable external companies and firms – appropriately qualified and experienced in their fields – to acquire or place some of these WM shares. This can take the form of these appropriately qualified and experienced companies and firms either acquiring some of the WM shares, or acquiring them on behalf of clients who wish to secure shares without having to wait for their KYC documents to be certified, uploaded and reverified prior to being able to acquire WM shares.

The difference between the WM Share Placements via the Share Swap Platform and via and Approved Entity is that the Approved Entity will be authorized to negotiate discounted share acquisition or placements directly with the Member-Shareholders who wish to sell some of their shares.

This is in acknowledgement that external companies or firms run businesses, so it is reasonable to enable them to be able to accrue revenue for their professional efforts. The discount rate at which the shares are acquired or placed according to this method will be up to the negotiations between the Shareholders and the Approved Entity. However, WM and its Resident Agent and Share Registrar will have oversight over the ratification of any discounted share prices in these transactions, to ensure the stability of WM’s overall share value.

The opportunity to become an Approved Entity for this placement is open to any suitably qualified and experienced entity worldwide. To initiate the process to become an approved entity – which is a rapid and efficient professional process – such entities should send an email expressing their interest and providing their details to WM’s Resident Agent and Share Registrar at the email address: registrar@webtel.mobi

CONCLUSION

The Share Placements process will commence before the conclusion of the impending Revaluation of WM, and it will continue for as long as is required to enable the placement of the limited number of shares by the Member-Shareholders who wish to liquidate some of their stock. Whether the placement is completed prior to the impending Revaluation, after it, or after the additional Revaluation in Q1 2022 to include the value of the Gold-Backed “Secure TUV” and Programmable “Smart TUV” will simply be a matter of demand, and the capacity of external “Approved Entities”, as is standard free-market practice.

As far as WM’s expansion and additional Facilities’ releases in 2022 are concerned, these are already set, and will be implemented regardless of the limited Share Placements – as these activities are not dependent on each other.

Moreover, as WM has zero debts and extremely low running costs, it has declared there will be a dividend rate in 2022 of 50% of WM’s total net revenue, once its global revenues start to increase, so whether shares of its founder shareholders are fully or partially-acquired will have no effect on their receipt of increasing dividends through 2022 and beyond.

Resources:

Media Contact:
Nick Lambert: wm@thoburns.com

Details of the Global Consultancy Frost & Sullivan:
https://www.frost.com

Historical Comments by Frost & Sullivan’s Global ICT Practice of their Due Diligence on WM:
https://www.youtube.com/watch?v=PO3BjgBKR3E

Previous Valuation of WM by Frost & Sullivan:
https://webtel.mobi/media/info/webtelmobi-holdings-limited-valuation-april-15-2021-final.pdf

Details of WM’s Resident Agent and Share Registrar Firm:
http://www.fides.gg
https://www.gfsc.gg/commission/regulated-entities/2003943

Contact for Companies and Firms wishing to become Approved Entities:
registrar@webtel.mobi

Contact for Inquiries regarding WM’s Share Swap Facility:
support@webtel.mobi

Comments on the WM System’s Capacities by Professor Jan Kregel of the Levy Economics Institute:
https://youtu.be/XYBrCikUhn8

Research Papers on WM’s Global Clearing System and TUV Digital Currency:

Media Articles on WM:
https://webtel.mobi/info/current-media/

Characteristics of WM’s TUV Digital Currency:
https://webtel.mobi/info/tuv-characteristics

WM’s urls:
https://webtel.mobi/pc (Tablets / Laptops / Desktops)
https://webtel.mobi (Smart Phones)
https://webtel.mobi/wap (Pre-Smart Mobile Phones)

Photos accompanying this announcement are available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/d7eda07a-7a9a-493f-b536-db1289b82ddc
https://www.globenewswire.com/NewsRoom/AttachmentNg/d25b98de-4051-4b3f-9578-e91d1073200d

The photo is also available at Newscom, www.newscom.com, and via AP PhotoExpress.

Sportradar Earns International Betting Integrity Association’s Data Standards Accreditation and Kitemark

The world’s largest and most influential leagues and federations entrust Sportradar for betting data collection and integrity services

ST. GALLEN, Switzerland, Oct. 29, 2021 (GLOBE NEWSWIRE) — Sportradar Group AG (NASDAQ: SRAD) (“Sportradar” or “the Company”), the leading global sports technology company creating immersive experiences for sports fans and bettors, today announced that it has been granted the International Betting Integrity Association’s (IBIA) Data Standards Kitemark, one of the industry’s highest accreditation related to the quality assurance processes related to the collection of data for the purposes of sports betting. Sportradar earned the honor following an audit assessed by eCommerce and Online Gaming Regulation and Assurance (eCOGRA), a leading independent and internationally recognized agency specializing in the testing, inspection and certification of online gambling software and systems.

Developed in October 2020, the IBIA’s Data Standards Kitemark is the industry’s first set of standards and guidelines for how data is collected to protect the integrity of sports against betting corruption and is subject to an annual audit. The Data Standards is a living document and set of requirements which the association intends to continually assess and update to ensure that its recipients represent the highest levels of data collation. The IBIA is a leading global voice on integrity for the licensed betting industry and represents many of the largest regulated sports betting operators in the world.

Dr. Anja Martin, Chief Regulatory & Compliance Officer, Sportradar said: “At Sportradar, we are committed to delivering the most reliable and highest-quality data products to our customers and partners. We invest heavily in our quality control systems and processes, implementing the industry’s most stringent safeguards to ensure that the products presented to the downstream market are trustworthy. Receiving accreditation from the IBIA for its Data Standards Kitemark further substantiates Sportradar’s rigorous dedication to data quality, integrity and transparency.”

Khalid Ali, IBIA CEO said: “We are excited to recognize Sportradar as our latest Data Standards Kitemark recipient. The IBIA developed the Standards and Kitemark to ensure that the collection and supply chain of sports data achieved the highest levels of transparency and accuracy. Companies like Sportradar that pass the audit have demonstrated robust internal procedures for the collation of sporting event data for betting. Accurate data collation reassures sports fans and bettors alike that the events they watch are fair, honest and performed at the highest competitive levels.”

In 2021 alone, Sportradar has established new partnerships with several major leagues and federations for betting data collection and/or integrity services, including the National Hockey League (NHL), International Table Tennis Federation (ITTF), and the European Handball Federation (EHF).

Sportradar operates five data collection centers which are strategically located around the world to provide 24/7 uptime and is supported by over 700 data experts, all ISO 9001 certified for Quality Management. These data collection methods are enhanced by in-stadium verification technology and augmented by direct feeds from sports leagues, computer vision and AI technology. With up to 30 million odds changes per minute, across more than 40 languages served, and with 99.9% proven accuracy, the dependability of Sportradar’s products drives customer trust.

To learn more about Sportradar, please visit: http://www.sportradar.com.

About Sportradar
Sportradar is the leading global sports technology company creating immersive experiences for sports fans and bettors. Established in 2001, the company is well-positioned at the intersection of the sports, media and betting industries, providing sports federations, news media, consumer platforms and sports betting operators with a range of solutions to help grow their business. Sportradar employs more than 2,300 full time employees across 19 countries around the world. It is our commitment to excellent service, quality and reliability that makes us the trusted partner of more than 1,600 customers in over 120 countries and an official partner of the NBA, NHL, MLB, NASCAR, FIFA, and ITF. We cover more than 750,000 events annually across 83 sports. With deep industry relationships, Sportradar is not just redefining the sports fan experience; it also safeguards the sports themselves through its Integrity Services division and advocacy for an integrity-driven environment for all involved.
www.sportradar.com

About International Betting Integrity Association (IBIA)
The International Betting Integrity Association is the leading global voice on integrity for the licensed betting industry. Our members share a common goal of combating betting corruption to protect the integrity of sport and their businesses. Established in 2005 and formerly known as ESSA, we are a not for profit association whose members include many of the world’s largest regulated betting operators, active across six continents. Members undergo a rigorous due diligence process and must adhere to our code of conduct committing them to responsible betting practices.
https://ibia.bet/

Source: Sportradar Group AG

Press Contacts:
Sandra Lee
comms@sportradar.com

Investor Relations Contacts:
Ankit Hira or Ed Yuen
Solebury Trout for Sportradar
investor.relations@sportradar.com

11 States Sue US Government Over Vaccine Mandate for Federal Contractors

Eleven U.S. states with Republican governors sued the Biden administration on Friday, seeking to block a COVID-19 vaccine mandate for federal contractors and arguing it is unconstitutional and violates federal procurement law.
Saying they were necessary to fight COVID-19, President Joe Biden issued on September 9 a pair of executive orders requiring that all executive branch federal employees and federal contractors be vaccinated.
A joint lawsuit was filed in the U.S. District Court for the Eastern District of Missouri by 10 states: Arkansas, Alaska, Missouri, Iowa, Montana, Nebraska, New Hampshire, North Dakota, South Dakota and Wyoming. Texas filed a separate suit on the same issue, and Florida filed one on Thursday.
The lawsuits on Friday described the mandate as “sweeping in its scope” and “unconstitutional and unlawful,” citing a constitutional amendment on state powers and federal laws on government procurement.
The mandate “is an abuse of power and we won’t stand for it,” Iowa Governor Kim Reynolds said in a video on Twitter.
“It will only worsen the workforce shortage and supply chain issues that hinder our economic recovery, and it furthers the unprecedented government intrusion into our lives,” Reynolds said.
The White House set a December 8 deadline for employees of federal contractors to be vaccinated. However, it has signaled that contractors have flexibility in enforcing that deadline.
U.S. courts have largely upheld vaccination requirements imposed by employers, universities, states and cities.
About 58% of the U.S. population is fully vaccinated, and over 66% has received one dose of a COVID-19 vaccine, according to the U.S. Centers for Disease Control and Prevention.

Source: Voice of America

Cambodia Prepares 12 Subjects for Southeast Asian Sailing Championship 2021

Cambodia has prepared 12 subjects including one female subject for the Southeast Asian
Sailing Championship 2021 to be held in Preah Sihanouk province from Dec. 12 to 17.
The update was shared with AKP by Mr. Sorm Sothrithipong, Secretary General of the Cambodia Sailing Federation, adding that the competition’s technical committee will introduce 8 kinds of sailing sports and 20 subjects.
The secretary general continued that the federation gets well ready for the challenges, including the focus on the athletes aged under 21 years for the SEA Games 2023 hosted by Cambodia.
The federation is working hard and was positive that the Cambodian athletes will earn medals from the event.
The event is expected to attract athletes from 7 countries including Cambodia, Thailand, Philippines, Malaysia and Singapore.
To be organised by Cambodia and Singapore, the competition would not only promote the cooperation on sailing sport between the two countries, but also help get Cambodia prepared for the sport in the SEA Games 2023.
Hosting of the event was initiated by Samdech Pichey Sena Tea Banh, Deputy Prime Minister, Minister of National Defence and President of CAMSOC and H.E. Thong Khon, Minister of Tourism is in charge of the organisation.

Source: Agency Kampuchea Press