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 reports developments across its food retail and distribution business and its newer digital asset treasury activity. The company has described its grocery-market operations through the Cuore Food Services brand, with inventory categories that include produce, meats, pantry items, bakery and pastry goods, gluten-free goods and organic items sourced from Canadian and international suppliers.
News for TWOH also covers Canadian product distribution efforts, corporate financing, convertible notes, debt settlements, share issuances, shareholder votes, board and officer changes, material change reports, and the company's Digital Asset Treasury and Trading Desk focused on cryptocurrency, DeFi and AI-related blockchain activity.
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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.
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.
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.
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.
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.
Two Hands Corporation (OTC Pink: TWOH) has launched a new grocery program for university students in the Greater Toronto Area (GTA), offering $50 vouchers for grocery purchases through Gocart.city. CEO Nadav Elituv expressed pride in supporting students’ food needs and highlighted the initiative as part of their strategy to drive revenue growth in 2022. The company operates multiple on-demand food brands, including GoCart.City, Grocery Originals, and Cuore Food Services, focusing on fresh and healthy grocery delivery.
Two Hands Corporation (OTC Pink: TWOH) reported that sales for the first three weeks of October surpassed total orders from July and August. CEO Nadav Elituv stated the company is scaling its business and successfully rolling out new programs. The focus remains on increasing revenue to enhance shareholder value. Two Hands operates three on-demand food brands—Gocart.City, Grocery Originals, and Cuore Food Services. The press release also includes forward-looking statements regarding potential risks and uncertainties in financing and adapting the business model.