Two Hands Corp (TWOH)

[Slojab]

I8 is a poor performer (if not now defunct) and the app is under development.

The market cap is already over $170M due to the shares issued after the R/S. They say they're going to dilute further to raise cash. Currently, they show $665 in their coffers.

The Company's financial statements are prepared in accordance with generally accepted accounting principles applicable to a going concern. This contemplates the realization of assets and the liquidation of liabilities in the normal course of business. Currently, the Company does not have significant operations or a source of revenue sufficient to cover its operation costs and allow it to continue as a going concern. The Company has an accumulated deficit at September 30, 2016 of $23,429,869. The Company will be dependent upon the raising of additional capital through placement of its common stock in order to implement its business plan.

I'm at a loss as to why the sp should be expected to go up from here.