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NOHO, Inc. (DRNK) reports corporate updates as an OTC operating company being developed into a diversified holding company. Recent company news centers on mineral-resource assets, interests in environmentally oriented extraction technology, the Smog Armor air-purifying paint and related concrete-material concepts, and a minority artificial-intelligence holding.
News about NOHO also covers completed asset acquisitions, change-of-control developments, management updates, interim financing, working-capital needs, and portfolio expansion initiatives. Earlier disclosures referenced NOHO beverage operations, including the After Shot product, before the company's current emphasis shifted toward mining, green technology, materials, and AI-related assets.
NoHo (OTC: DRNK) has signed a definitive agreement to acquire a 51% controlling interest in the Alvarado Gold Mine in Arizona. The mine consists of 7 unpatented and 12 patented mining claims.
The company plans to initiate gold leaching operations using previously mined, unprocessed ore within 2-3 weeks, with expected revenue generation starting in September 2025. CEO Anthony Anish indicated this acquisition represents the first step in NoHo's broader growth strategy, with additional strategic transactions anticipated in the near future.
NoHo Inc. (OTCID: DRNK) announced that its CEO will provide up to $1 million in interim funding to support the company's growth initiatives. The funding will begin with an initial advance of $250,000, which will be allocated to increase investment in AIEnglish (their AI company), provide funding for Smog Armor, and support new acquisitions and working capital needs.
NoHo is developing as a global holding company with diverse interests, including a California-based mine and minority interest in an AI company. The company focuses on eco-friendly technologies, sustainable mining practices, and is expanding into the financial technology sector, targeting investments in revenue and profit-positive companies with proprietary software solutions.
NoHo (Stock Symbol: DRNK) has announced significant strategic growth initiatives aimed at expanding its business operations. The company revealed plans to establish multiple new divisions and pursue targeted acquisitions across diverse sectors including innovative materials, gold mining, advanced mineral extraction, fintech, and artificial intelligence.
As part of its corporate development, NoHo is taking steps to become a fully reporting company under the Securities Exchange Act of 1934 and will be relocating its headquarters to Las Vegas. The company's CEO, Mr. Anish, has provided a detailed Letter to Shareholders outlining these strategic plans.
Star Alliance International Corp. (OTC: STAL) has announced the completion of its asset sale to NoHo, Inc. (OTC: DRNK) in exchange for DRNK's publicly traded shares. This strategic move comes after STAL faced significant regulatory and financial challenges in 2024, including rejected audits and OTC market reclassification.
Following the transaction, Anthony Anish, STAL's CEO, has assumed the CEO position at DRNK. STAL shareholders will receive DRNK shares as a dividend distribution once DRNK completes its audits and registration statement becomes effective. The company aims to pursue a 15C-211 filing with FINRA while maintaining its DRNK holdings.
NoHo Inc. (DRNK) has announced major strategic transformations including new acquisitions and leadership changes. The company has acquired mining and AI assets from Star Alliance International in exchange for preferred stock, including gold mining claims, specialized equipment, green gold extraction technology, and a stake in an AI educational platform.
In a significant leadership transition, Anthony Anish has been appointed as the new CEO, replacing Rashad Davis. The company plans to further expand through the acquisition of two gold mines in Arizona and Nevada, as well as multiple fintech companies. Additional growth is expected from their Smog Armor product line.
The company's immediate priorities include completing audited financial statements and filing a Form 10 to become a fully reporting SEC issuer. Management promises upcoming shareholder updates including website improvements and social media engagement initiatives.
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NOHO, Inc. (OTC PINK: DRNK) is finalizing an agreement with a Florida-based supplement manufacturer to streamline production, packaging, and fulfillment of their After Shot product. This strategic move will significantly reduce shipping and operational costs by allowing the product to be packed and shipped from a single FDA-registered facility. The company anticipates launching three new products in 2022. As alcohol consumption rises, NOHO's After Shot is positioned to cater to evolving consumer behaviors and capitalize on new market trends.
NOHO, Inc. (OTC PINK: DRNK) reported significant progress in 2021, including financial reporting updates, debt reduction by approximately $1 million, and engaging a branding agency. The company launched the After Shot product and revamped its website with plans for a marketing campaign in Q1 2022. A partnership with gaming influencer D Lucky aims to enhance product visibility. New formulations, including a nootropics shot, are planned. The acquisition of the RāD8 brand positions NOHO in the Delta-8 THC market, with manufacturing capabilities established.