Two Hands Corporation (OTCMKTS: TWOH) has announced a reduction of its current debt by around 67.7%, as well as the expansion of its GoMeals Kits through GoCart.city’s Executive Chef Grace DI Fede.
Two Hands Reduced debt by 67.7%
CEO Nadav Elituv said, “The market has indicated that serious changes need to occur, management and our board have been working with our current debt holders to extend the maturity dates for debt valued at $1,190,320 to December 31, 2025. In order for the company to receive the financing needed and execute on our continued commercialization initiatives we have been moving forward with our CSE listing and expect to refile before the end of October 2021.”
Since August 16, 2021, when the company filed its 10-Q, it has reduced outstanding debt considerably from its books. This is a massive step towards the objective of eliminating all outstanding debt. Nadav pointed out that the company’s steps have eliminated 67.7% of all outstanding debt that was previously on the company’s books.
Two Hands Corporations focused on the expansion of GoCart.city
Nadav added, “We will continue to focus on GoCart.city, Grocery Originals, and Cuore Food Services. As universities go back to school, we expect our partnerships to continue to expand. We remain committed to our food distribution and continue to expand our partnerships with others.”
Commenting on the expansion of GoMeal by Gocart.city, corporate executive Chef Grace Di Fede said, “GoMeal offer a variety of contemporary, nutritious quick and easy to follow recipes, with a focus on, local and imported ingredients. We are continually expanding our GoMeal selections and have added our new GoParent Kits designed for on the parents and kids On The GO.”
Gocart.city allows customers to get meal kits and groceries all in one spot and deliver them to their doorstep. The company’s ingredients and grocery products are delivered with care from its climate-controlled warehouse.