Two Hands Corp (TWOH)

[Slojab]

On January 31, 2019, the Company entered into a Side Letter Agreement (“Note”) with The Cellular Connection Ltd. to amend and add certain terms to unsecured, non-interest bearing, due on demand notes payable totaling $20,885 issued by the Company during the period of January 23, 2018 to October 16, 2018.

As of April 12, 2021, the Company has repaid the Note holder all outstanding principal and accrued but unpaid interest under the Note, constituting approximately $35,952 in cash by issuing 359,517,254 shares of the Company’s common stock at a fair value of $1,393,352.