Two Hands Corporation October Orders Exceed our last Quarter

Rhea-AI Summary

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.

Positive

• Orders for Gocart.city in October exceeded those from the entire 3rd Quarter 2021.
• New sales programs are contributing to significant sales growth.

Negative

• Potential risks related to financing planned expansion efforts.
• Uncertainties in the company's ability to adapt its business model.

Toronto, Ontario, Nov. 04, 2021 (GLOBE NEWSWIRE) -- Two Hands Corporation, (OTC Pink: TWOH) is pleased to announce that Gocart.city orders in October have now exceeded all orders in our last quarter - 3^rd Quarter 2021.

“Our new sales programs are proving to be successful and contributing to the sales growth we’re seeing this quarter”, commented Nadav Elituv, Chief Executive Officer.

Two Hands Corporation, (OTC Pink: TWOH) is a food distribution company through three on-demand food brands, Gocart.City, Grocery Originals, and Cuore Food Services. Please visit our website at www.twohandsgroup.com

ABOUT GOCART.CITY
Gocart.city, a division of Two Hands Corp. (OTC Pink: TWOH) is an online grocery delivery market that services the Greater Toronto Area and beyond. They curate and deliver the freshest produce and specialty foods in Southern Ontario. To learn more about Gocart.city, please visit www.gocart.city.

This press release contains forward-looking statements that involve a number of risks and uncertainties. Any statement not regarding a historical fact is a forward-looking statement. Important factors that could cause actual results to differ materially from those indicated by such forward-looking statements include, but are not limited to, the company's ability to finance its planned expansion efforts; the company's ability to raise funds on acceptable terms; the company's ability to successfully adapt its business model and such other risks disclosed from time to time in the company's reports filed with the securities and exchange commission including those on the company's annual report on form 10-K. The company does not intend to update any of the forward-looking statements after the date of this document to conform these statements to actual results or to changes in management's expectations, except as required by law.

CONTACT:
Two Hands Corporation
IR@twohandsapp.com
www.twohandsgroup.com
www.gocart.city

FAQ

What is the recent sales performance of Two Hands Corporation's Gocart.city?

In October 2021, Gocart.city orders exceeded all orders from the 3rd Quarter 2021.

What factors are attributed to the sales growth at Two Hands Corporation?

The sales growth is attributed to new sales programs proving successful.

What are the risks mentioned in the Two Hands Corporation press release?

Risks include financing challenges for expansion and adaptability of the business model.

What does OTC Pink: TWOH represent?

OTC Pink: TWOH is the stock symbol for Two Hands Corporation.

Where does Gocart.city operate?

Gocart.city operates in the Greater Toronto Area and Southern Ontario.