Business
Two Hands Corporation Announces Results of Special Meeting
Two Hands Corporation ("Two Hands" or the "Company") (CSE: TWOH.X) (OTC: TWOH) is pleased to announce the results of the Company's shareholders special meeting of shareholders held on March 31, 2025 (the "Meeting"). At the Meeting, disinterested shareholders of the Company ratified and approved the prior issuance of 3,000,000,000 shares of common stock of the Company ("Common Shares") to Emil Assentato. The Company issued the Common Shares to Mr. Assentato in consideration of the conversion of U
About this update from Two Hands Corporation
[{"type":"text","content":"TORONTO, March 31, 2025 /PRNewswire/ - Two Hands Corporation ("Two Hands" or the "Company") (CSE: TWOH.X) (OTC: TWOH) is pleased to announce the results of the Company's shareholders special meeting of shareholders held on March 31, 2025 (the "Meeting"). At the Meeting, disinterested shareholders of the Company ratified and approved the prior issuance of 3,000,000,000 shares of common stock of the Company ("Common Shares") to Emil Assentato. The Company issued the Common Shares to Mr. Assentato in consideration of the conversion of US$300,000 in outstanding convertible promissory notes, which issuance constituted a change of control of the Company (the "Transaction").","length":730,"tagName":"p"},{"type":"text","content":"As a result of the Transaction, Mr. Assentato holds 3,000,000,000 Common Shares, representing 54.85% of the issued and outstanding Common Shares of the Company.","length":160,"tagName":"p"},{"type":"text","content":"At the Meeting, the Company's shareholders also approved and authorized the Company's Board of Directors (the "Board") to amend the Articles of the Company to effect a change of the Company's name to such name as the Board determines appropriate, subject to the approval of the Canadian Securities Exchange (the "CSE").","length":353,"tagName":"p"},{"type":"text","content":"The Company's shareholders did not approve the proposed consolidation of the Common Shares (the "Consolidation") on the basis of 1 post-consolidation Common Share for every 20,000 pre-consolidation Common Shares outstanding (the "Consolidation Ratio"). As a result, the Consolidation has not been approved and will not be completed.","length":356,"tagName":"p"},{"type":"text","content":"About Two Hands Corporation","length":27,"tagName":"p"},{"type":"text","content":"Two Hands has been active in the Food Retail and Distribution Service Industry (SIC Code 7389) for several years, focusing on the Consumer Non-Cyclical sector. The Company is dedicated to providing quality products and services to meet the needs of its customers.","length":263,"tagName":"p"},{"type":"text","content":"This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securi...