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Re: awesomed007 post# 60871

Thursday, 06/19/2025 4:29:54 PM

Thursday, June 19, 2025 4:29:54 PM

Post# of 63379
Well since you’ve gone there
As of June 19, 2025, there is no news about a Two Hands Corporation (TWOH) merger. However, there is news related to significant corporate developments that have led to speculation about potential future mergers or acquisitions. Here's a summary of recent events:
Recent Corporate Developments:
Change of Control: Emil Assentato acquired 3,000,000,000 shares of TWOH on March 31, 2025, converting outstanding convertible promissory notes. This transaction resulted in Emil Assentato now controlling 54.85% of Two Hands Corp's outstanding common shares. This qualifies as a change of control of the company.
Shareholder Meeting: A special shareholder meeting was held on March 31, 2025. At this meeting:
Shareholders approved the 3 billion share issuance to Emil Assentato.
Shareholders authorized the board of directors to implement a company name change.
Shareholders rejected a proposed 1:20,000 share consolidation.
Inactive Issuer Status: As a result of the change of control transaction and the company's intention to exit its legacy business and pursue new business opportunities, TWOH has been designated by the Canadian Securities Exchange (CSE) as an inactive issuer. This status will remain until the legacy business is resumed or a new business is initiated.
Speculation about Future Mergers/Acquisitions: Some social media posts suggest that Emil Assentato, who is now the CEO and majority shareholder of TWOH, has a history of taking companies public through SPAC mergers. This has led to speculation that he may use the TWOH shell to bring a Nasdaq-sized business or businesses public in a future merger or acquisition.
So in summation while there is no official news about a TWOH merger, the recent change of control and the company's stated intention to pursue new business opportunities have fueled speculation about a potential future reverse merger or acquisition. Investors should monitor news from the company and regulatory filings for further updates


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