Thursday, April 25, 2019 7:52:36 PM
Two Hands Corporation Issues Statement About Promotional Activity Involving Its Common Stock
Press Release | 04/24/2019
TORONTO, April 24, 2019 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- Two Hands Corporation (OTCQB: TWOH), (the "Company", "Two Hands"), was notified by OTC Markets ("OTC") on April 22, 2019 of recent trading and promotional activity concerning its common stock. The Company has been informed that the higher-than-average trading volume in the Company's stock may be the result of promotional activity. The Company has also been informed that an email promoting Two Hands was sent from an unreliable source.
The Company had no knowledge of any subject or content of the promotional campaign until notified by OTC Markets and given a copy of the material. The Company did not have editorial control over the content.
After inquiry, the Company states definitively that its officers, directors and sole controlling shareholder (i.e., shareholders owning 10% or more of the Company's securities), have not sold or purchased the Company's securities within the past 90 days on the open market.
The promotional material primarily consisted of previously disclosed and publicly available information. After a review of the material, the Company determined that while the statements contained therein are neither false nor misleading, they did contain speculative language, and speculation about the future performance of Two Hands shares. The Company encourages those interested in the Company to rely solely on information included in its press releases, combined with its filings and disclosures made with the S.E.C. (www.sec.gov) and OTC Markets Group.
Since July 13, 2018, the Company has engaged Shuttle Digital Solutions Inc. for our social media management in order to create a long-term strategy to engage new users to subscribe to our application.
Since inception, the Company has issued shares of common stock pursuant to private offerings of securities, employee stock option plans, acquisitions and for general corporate purposes, as disclosed or covered in our filings and disclosures made with the S.E.C.
You can lead a horse to water. But you can't make him get down on one knee and do an Al Jolson impression!
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