02opida
1 week ago
ReverseNormal
People need to look at the chart in relation to the reverse splits Elituv has done since 2014.
With the stock in the trips in 2014 he did his first reverse split but after, the stock sank to the trips. Therefore, he had to do another one in 2016. The stock again sank to the trips forcing him to do another reverse split in 2018. Only to have the stock once again sink to the tripos. So, he did another reverse split in December of 2019. You get guessed it, the stock sank to the trips. Getting the picture, yet? If not, another reverse split was done in 2022 and without fail, the stock sank to ........ the trips.
Now, since the stock has yet once again settled back to the trips, what do you suppose is on the horizon?
time to pickup Friends 😊
Slojab
2 weeks ago
As of March 28, 2024, the registrant had 108,740,329 outstanding shares of Common Stock.
So, 18,000,000 shares have been added in just over a week. 8,000,000 of those Elituv issued to himself via the Form 4 from last week.
Also take note of this ....
As of March 23, 2023, the registrant had 193,226,548 outstanding shares of Common Stock
Much higher than what was reported for the year earlier, right? That's due to the 1:1000 R/S that was done last Fall. So, in just 6 months, the O/S is nearly back to where it was a year ago after it's 6th R/S in just 10 years.
I suggest you read the latest 10-K, paying particular attention to the section LIABILITIES AND STOCKHOLDERS' DEFICIT, page F-4. There will be more dilution in the coming months and years. As well as another R/S, I imagine.
02opida
3 weeks ago
Two Hands Corporation, is a food distribution company through three on-demand food brands, GoCart.City, Grocery Originals, and Cuore Food Services. GOCART.CITY, a division of Two Hands Corp. is an online grocery delivery marketplace that services the Greater Toronto Area. They curate and deliver the freshest produce and specialty foods in Southern Ontario. Cuore Food, a division of Two Hands Corp. imports and distributes quality Italian food products. Operating in multi sales channels including food service, product placement with existing distributors, direct sales to retail chains and independents, and online direct to consumer sales.
Slojab
3 weeks ago
On January 15, 2023, the Company executed an employment agreement for the period from January 1, 2023 to December 31, 2023 with Nadav Elituv, the Chief Executive Officer of the Company whereby the Company shall pay an annual salary of $600,000 from available funds.
Slojab
1 month ago
No, TWOH was founded on the co-parenting app. It failed.
Then, it was on to cannabis.
Two Hands Corporation (OTCQB: TWOH), a leading custom application development company, has agreed to purchase 100% of the licence to grow, export, hold cannabis and CBD derivatives in Colombia from Plantro Inc S.A.S.
That never materialized.
Then, it was Go-Cart City, a food delivery service. Failed to get off the ground. Added and then jettisoned two divisions, Coure Foods and Grocery Originals.
Slojab
1 month ago
He's been a serial failure for a decade. Tried to get his co-parenting app to market unsuccessfully, now it's his food service idea. Two of the three, he's already unloaded. Now, he wants the investing public to think he'll be successful integrating all the small mom and pop stores to consolidate under one umbrella. If that could be done, it would have been done by now.
His failures have resulted in 6 R/Ss so far. But when you're using shareholder money, and not your own, failure is of little consequence.