Two Hands Corp Annual Report - How They Did This Year

I’ve put together this guide to help you understand how Two Hands Corp performed this year. Instead of digging through dense filings, we’ll break down the essentials so you can decide if this company fits your portfolio.

1. What does this company do?

Two Hands Corp is currently in a period of transition. Their primary revenue source is Cuore Food Services, which distributes bulk food to restaurants and hotels. In 2025, the company exited its textile business to pivot toward digital assets, fintech, and the gig economy. These new ventures are currently in the development phase and have not yet generated significant income, making the food distribution business the company’s current operational anchor.

2. Financial performance

The company is currently operating with a focus on survival. For the 2025 fiscal year, they reported a loss of approximately $2.4 million, as food sales were insufficient to cover total operating costs. They rely on external funding and debt restructuring to maintain operations. A significant factor for investors is the share structure: there are over 6.5 billion shares outstanding. Because of this high share count, each individual share represents a very small portion of the company. To manage existing debts, the company issued over 400 million new shares last year, which increases the total supply and reduces the potential earnings per share.

3. Major operational factors

• Debt Structure: The company manages a portfolio of "toxic debt" in the form of convertible notes. These are loans with high interest rates that allow lenders to trade debt for stock at a discount. When these notes are converted, the company issues millions of new shares, which can exert downward pressure on the stock price.
• Operating Costs: The company utilizes a New York City office provided by an affiliate at no cost, which saves between $60,000 and $80,000 in annual rent.
• Market Listing: The stock trades on the "OTC Pinks." This market is characterized by lower trading volume and higher price volatility compared to major exchanges, which can make it more challenging to execute trades without impacting the stock price.

4. Financial health

The company’s financial position is currently strained, with liabilities exceeding assets. They carry a heavy debt load, including convertible notes that have the potential to be converted into an additional 1.5 billion shares. The company does not pay dividends, as all available capital is directed toward debt obligations and operational survival.

5. Key risks

• Dilution: With 6.5 billion shares currently outstanding and additional shares potentially entering the market through debt conversion, your ownership stake is subject to ongoing dilution.
• Business Strategy: The company is actively shifting its focus between industries, moving from textiles to food and now toward fintech. Investing in a company currently searching for a stable, profitable business model carries a higher level of uncertainty.
• Governance: The company utilizes a "super-majority" voting structure. This makes it difficult for outside investors to influence board decisions or change management, effectively limiting the ability of shareholders to drive a change in corporate direction.

Final Thought for Investors: When looking at a company in this position, the primary focus should be on whether they can achieve profitability in their new fintech ventures before their current cash and debt-management strategies are exhausted. Given the high share count and the nature of the OTC market, this is a high-risk situation that requires careful monitoring of their ability to generate actual revenue from their new business pivots.