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TWO HANDS CORP - TWOH STOCK NEWS

Welcome to our dedicated page for TWO HANDS news (Ticker: TWOH), a resource for investors and traders seeking the latest updates and insights on TWO HANDS stock.

Two Hands Corporation (CSE: TWOH) is a Canadian-based distribution company focusing on the grocery market through the Cuore Food Services brand. With a wide range of products like produce, meats, pantry items, bakery goods, and organic products, Two Hands aims to revolutionize the micro food merchant wholesaler sector in Canada. Through collaborations with brands like Sports Illustrated Nutrition, the company introduces new and innovative products to the Canadian marketplace, emphasizing health-conscious and flavor-packed options.

Recent initiatives involve consolidating micro merchant wholesalers across the country, ensuring their growth and stability. Two Hands Corporation's dedication to supporting businesses and providing quality products reflects in its rising revenues and gross profits, reflecting a positive trend in the industry.

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Two Hands Corporation (TWOH) settles $400,000 debt by issuing 8,000,000 common shares at $0.05 per share. The transaction is subject to final acceptance by the Canadian Securities Exchange and involves a related party insider. The Company relies on exemptions from valuation and shareholder approval requirements.
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Two Hands Corporation (CSE: TWOH) (OTC: TWOH) will be presenting at the Sequire Investor Summit 2024 in San Juan, Puerto Rico. The event, scheduled for January 23-25, 2024, offers opportunities for funds, companies, and investors. Puerto Rico's tax benefits make it an attractive location for investors. Two Hands Corporation looks forward to sharing its knowledge and expertise at the summit.
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Two Hands Corporation (TWOH) proudly announces a significant initiative to revolutionize the micro food merchant wholesaler sector in Canada. The strategy involves consolidating vulnerable micro food merchant wholesalers and equipping them with comprehensive infrastructure, including warehousing, distribution, logistics, digital solutions, and inventory financing. This initiative targets over 2600 micro merchant wholesalers across Canada, particularly those with annual sales between $1.5M to $5M. Two Hands Corporation is dedicated to ensuring the growth and stability of these critical businesses in the Canadian economy. Additionally, the company has collaborated with Sports Illustrated Nutrition, a Smart for Life company, to introduce a new line of protein bars to the Canadian marketplace, emphasizing their commitment to enhancing dietary choices and supporting the growth and diversification of micro merchant wholesalers. As Two Hands Corporation continues to expand, their financial growth reflects a positive trend, with rising revenues and gross profits stabilizing at industry benchmarks.
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Two Hands Corporation is introducing the protein-bar product lines from Sports Illustrated Nutrition to the Canadian marketplace. The protein bars are clean and energizing, non-GMO, cold-pressed, and gluten-free. Launch flavors include Triple Chocolate, Cookies & Cream, Blueberry White Chocolate, and Strawberry Chocolate.
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Two Hands Corporation has filed a certificate of amendment to consolidate its common shares on a one-for-one-thousand basis. The consolidation is subject to CSE approval and is expected to reduce the number of outstanding shares from 1,330,458,548 to approximately 1,330,458. The exercise or conversion price and the number of shares issuable under outstanding stock options will be adjusted accordingly.
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Two Hands Corporation (CSE: TWOH) has expanded its Italian product offerings on the Gocart.city grocery platform. This initiative aims to enhance differentiation in a growing online grocery market, particularly in the Greater Toronto Area. With a surge in online grocery shopping trends, the company plans to offer authentic Italian products, including unique pastas and olive oils, to meet rising consumer demand. The expansion is supported by partnerships with local Italian manufacturers, reflecting a strategic move to capitalize on evolving shopping behaviors.

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Two Hands Corporation (OTC Pink: TWOH) announced the filing of an Amended and Restated Prospectus with the Ontario Securities Commission on January 25, 2022. CEO Nadav Elituv highlighted that the company exceeded CAD 1 million in sales for 2021, largely driven by their student grocery programs at two major Toronto universities. The company aims to list on the CSE and expects to file a final prospectus by April 2022. Two Hands focuses on increasing shareholder value through business growth and reducing overall debt.

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Two Hands Corporation (OTC Pink: TWOH) announced significant milestones in its gocart.city operations, growing its grocery offerings to over 2,700 items and its customer base to over 1,000. The company has also expanded its delivery area and frequency. Focused on retail and food service channels, it plans to expand its student grocery programs. Financially, the company completed CAD$1 million in Series D funding and reduced debt by over $950,000. It aims to increase authorized shares to support growth and may consider a reverse stock split to attract institutional investors.

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Two Hands Corporation (OTC Pink: TWOH) announced a 23.05% reduction in total liabilities, amounting to over $320,300. CEO Nadav Elituv stated that the company is actively working with debt holders to further eliminate obligations, aiming to enhance attractiveness to institutional investors in 2022. The company continues to focus on its brands: Gocart.city, Grocery Originals, and Cuore Food Services, with recent successes including a 600-voucher order from a university for Gocart.city services.

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Two Hands Corporation (OTC Pink: TWOH) announced record orders for its Gocart.city division, surpassing total orders from the previous quarter in October 2021. CEO Nadav Elituv attributed this success to new sales programs that are driving growth. The company operates three on-demand food brands, focusing on fresh grocery delivery in Southern Ontario. However, forward-looking statements in the press release highlight potential risks, including financing challenges and market adaptability. Investors are advised to consider these factors when assessing the company's outlook.

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FAQ

What is the current stock price of TWO HANDS (TWOH)?

The current stock price of TWO HANDS (TWOH) is $0.00005 as of September 4, 2024.

What is the market cap of TWO HANDS (TWOH)?

The market cap of TWO HANDS (TWOH) is approximately 166.6K.

What is Two Hands Corporation's primary focus?

Two Hands Corporation is primarily focused on the grocery market through its Cuore Food Services brand, offering a variety of products like produce, meats, pantry items, bakery goods, and organic products.

What recent initiative has Two Hands Corporation undertaken?

Two Hands Corporation has initiated a strategy to revolutionize the micro food merchant wholesaler sector in Canada by consolidating vulnerable micro merchant wholesalers and equipping them with comprehensive infrastructure.

What is the significance of the collaboration with Sports Illustrated Nutrition?

The collaboration with Sports Illustrated Nutrition introduces a new line of protein bars to the Canadian marketplace, emphasizing health-conscious snack options and highlighting Two Hands Corporation's commitment to enhancing dietary choices.

How does Two Hands Corporation support the growth of micro merchant wholesalers?

Two Hands Corporation is dedicated to ensuring the growth and stability of over 2600 micro merchant wholesalers in Canada, particularly those with annual sales between $1.5M to $5M, by providing comprehensive infrastructure and support.

What reflects the positive trend in Two Hands Corporation's financial performance?

Two Hands Corporation's rising revenues and gross profits reflect a positive trend in the industry, showcasing the company's dedication to providing quality products and supporting businesses in the Canadian food industry.
TWO HANDS CORP

OTC:TWOH

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TWOH Stock Data

166.59k
2.34B
1.99%
Software - Application
Technology
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United States of America
North York