Read the text and determine if the sentence is true:

LKF Cup was an annual basketball competition for Lithuanian basketball teams. It is organised by Lithuanian Basketball Federation (Lietuvos Krepsinio Federacija - LKF). Before 2007 LKF cup wasn't ran regularly, but since then its finals are organisised every January, February or March.

Sentence: The LKF Cup is a basketball competition for American high school basketball players.
No