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NoHo Inc. looks to the Future with New Acquisitions, A New Management Team, Growth and a Strategy for Success

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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.

NoHo Inc. (DRNK) ha annunciato importanti trasformazioni strategiche, tra cui nuove acquisizioni e cambiamenti nella leadership. L'azienda ha acquisito asset minerari e di intelligenza artificiale da Star Alliance International in cambio di azioni privilegiate, comprendendo concessioni per l'estrazione dell'oro, attrezzature specializzate, tecnologia per l'estrazione di oro ecologico e una partecipazione in una piattaforma educativa di AI.

In un significativo cambio ai vertici, Anthony Anish è stato nominato nuovo CEO, sostituendo Rashad Davis. L'azienda prevede di espandersi ulteriormente acquisendo due miniere d'oro in Arizona e Nevada, oltre a diverse società fintech. Ulteriore crescita è attesa dalla linea di prodotti Smog Armor.

Le priorità immediate dell'azienda includono il completamento dei bilanci finanziari revisionati e la presentazione del Modulo 10 per diventare un emittente completamente conforme alla SEC. La direzione promette aggiornamenti per gli azionisti, inclusi miglioramenti al sito web e iniziative di coinvolgimento sui social media.

NoHo Inc. (DRNK) ha anunciado importantes transformaciones estratégicas, incluyendo nuevas adquisiciones y cambios en el liderazgo. La compañía ha adquirido activos mineros y de inteligencia artificial de Star Alliance International a cambio de acciones preferentes, incluyendo concesiones para la minería de oro, equipos especializados, tecnología para extracción de oro ecológico y una participación en una plataforma educativa de IA.

En una transición significativa en el liderazgo, Anthony Anish ha sido nombrado nuevo CEO, reemplazando a Rashad Davis. La empresa planea expandirse aún más mediante la adquisición de dos minas de oro en Arizona y Nevada, así como varias compañías fintech. Se espera un crecimiento adicional gracias a su línea de productos Smog Armor.

Las prioridades inmediatas de la compañía incluyen completar los estados financieros auditados y presentar un Formulario 10 para convertirse en un emisor totalmente reportante ante la SEC. La dirección promete próximas actualizaciones para los accionistas, incluyendo mejoras en el sitio web e iniciativas de participación en redes sociales.

NoHo Inc. (DRNK)는 새로운 인수 및 리더십 변화를 포함한 주요 전략적 변화를 발표했습니다. 회사는 우선주를 대가로 Star Alliance International로부터 금광 채굴권, 특수 장비, 친환경 금 추출 기술, AI 교육 플랫폼 지분 등 광산 및 인공지능 자산을 인수했습니다.

중대한 리더십 교체로 Anthony Anish가 Rashad Davis를 대신하여 새로운 CEO로 임명되었습니다. 회사는 애리조나와 네바다에 있는 두 개의 금광과 여러 핀테크 회사를 추가로 인수하여 사업을 확장할 계획입니다. 또한 Smog Armor 제품 라인에서 추가 성장이 기대됩니다.

회사의 즉각적인 우선 과제는 감사된 재무제표를 완료하고 Form 10을 제출하여 SEC의 완전 보고 발행사가 되는 것입니다. 경영진은 웹사이트 개선 및 소셜 미디어 참여 활동을 포함한 주주 업데이트를 곧 제공할 것을 약속했습니다.

NoHo Inc. (DRNK) a annoncé d'importantes transformations stratégiques, incluant de nouvelles acquisitions et des changements de direction. La société a acquis des actifs miniers et d'intelligence artificielle auprès de Star Alliance International en échange d'actions privilégiées, comprenant des concessions d'exploitation aurifère, des équipements spécialisés, une technologie d'extraction d'or écologique et une participation dans une plateforme éducative en IA.

Dans une transition majeure de la direction, Anthony Anish a été nommé nouveau PDG, remplaçant Rashad Davis. L'entreprise prévoit de s'étendre davantage par l'acquisition de deux mines d'or en Arizona et au Nevada, ainsi que plusieurs sociétés fintech. Une croissance supplémentaire est attendue grâce à leur gamme de produits Smog Armor.

Les priorités immédiates de la société incluent la finalisation des états financiers audités et le dépôt d'un formulaire 10 pour devenir un émetteur pleinement déclaré auprès de la SEC. La direction promet des mises à jour prochaines pour les actionnaires, incluant des améliorations du site web et des initiatives d'engagement sur les réseaux sociaux.

NoHo Inc. (DRNK) hat bedeutende strategische Veränderungen angekündigt, darunter neue Akquisitionen und Führungswechsel. Das Unternehmen hat Bergbau- und KI-Vermögenswerte von Star Alliance International im Austausch gegen Vorzugsaktien erworben, darunter Goldabbau-Lizenzen, Spezialausrüstung, umweltfreundliche Goldgewinnungstechnologie und eine Beteiligung an einer KI-Bildungsplattform.

In einem bedeutenden Führungswechsel wurde Anthony Anish zum neuen CEO ernannt und ersetzt damit Rashad Davis. Das Unternehmen plant, durch den Erwerb von zwei Goldminen in Arizona und Nevada sowie mehreren Fintech-Firmen weiter zu expandieren. Zusätzlich wird weiteres Wachstum durch die Produktlinie Smog Armor erwartet.

Die unmittelbaren Prioritäten des Unternehmens umfassen die Fertigstellung der geprüften Finanzberichte und die Einreichung eines Formulars 10, um ein vollständig berichtspflichtiger SEC-Emittent zu werden. Das Management verspricht baldige Aktionärs-Updates, einschließlich Verbesserungen der Website und Initiativen zur Social-Media-Interaktion.

Positive
  • Acquisition of Star Alliance's mining and AI assets including gold mining claims and green technology
  • Strategic expansion plans into gold mining with two mines under negotiation
  • Planned expansion into fintech sector through multiple acquisitions
  • Commitment to become fully SEC compliant with Form 10 filing
  • New management team appointment with additional leadership hires planned
Negative
  • Significant dilution risk through preferred stock issuance for acquisitions
  • Complete management turnover with CEO replacement
  • Lack of specific financial metrics or revenue projections
  • Multiple simultaneous business transitions creating execution risk

LAS VEGAS, June 30, 2025 /PRNewswire/ -- NoHo, Inc. (Stock Symbol: DRNK) ("NoHo" or the "Company") is thrilled to announce transformative initiatives to drive robust growth and profitability.

NoHo has acquired the mining and AI assets of Star Alliance International, Inc. in exchange for preferred stock. A separate third-party transaction involving controlling preferred stock has resulted in a change of control of the Company. Star Alliance's assets include gold mining claims, specialized equipment, an interest in an innovative green gold extraction technology, and a stake in an AI company poised to launch a cutting-edge educational platform in the near future.

To lead this new chapter, Rashad Davis has stepped down as CEO, and Anthony Anish has been appointed as his successor. NoHo expects to appoint additional officers and directors in the coming weeks to bolster its leadership team.

Strategic Growth Plans

NoHo is pursuing the acquisition of two gold mines in Arizona and Nevada to strengthen its mining division, with negotiations underway. The Company also plans to acquire two or more fintech companies to build a dynamic fintech division. Additionally, NoHo anticipates significant growth for its Smog Armor product line, driven by innovative strategies and a visionary management team committed to elevating the Company to unprecedented heights.

Anthony Anish, CEO of NoHo, Inc., stated, "We are excited to share our bold vision for NoHo's future in an upcoming letter to shareholders. Our immediate priorities include completing audited financial statements and filing a Form 10 as soon as practicable to become a fully reporting issuer with the Securities and Exchange Commission."

Anish added, "This is a pivotal moment for NoHo. Our recent acquisitions are expected to generate immediate revenue and profitability, positioning the Company for substantial growth. Shareholders can anticipate exciting updates in the coming weeks, including a strengthened management team, a revamped website, engaging social media content, and a clear path to a thriving, high-potential company."

About NoHo Inc.

NoHo, Inc. is committed to inspiring people worldwide to adopt an environmentally conscious lifestyle. Our mission is to drive a global movement that champions sustainable living and eco-friendly practices in everyday life which we believe will responsibly meet the world's mineral needs through innovative, cleaner mining practices that minimize environmental impact while acknowledging the essential role mining plays in modern life. 

Additionally, NoHo plans to expand its focus into artificial intelligence (AI) and financial technology (Fintech), targeting investments in companies with proprietary software solutions to support long-term growth.

Safe Harbor and Informational Statement

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and Section 21E of the Securities Exchange Act of 1934, as amended. These statements include, but are not limited to, plans for environmentally friendly initiatives, potential mineral extraction processes, and expansion into AI and fintech. Such statements are based on current expectations and are subject to risks, uncertainties, and assumptions that could cause actual results to differ materially from those expressed or implied. These risks include, but are not limited to, regulatory approvals, technological feasibility, market conditions, and other factors detailed in NoHo's filings with the Securities and Exchange Commission. NoHo undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.

The words "may", "would", "will", "expect", "estimate", "anticipate", "believe", "intend", and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statement is not a guarantee of future performance and involve risks and uncertainties, many of which are beyond the company's ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors including the risk disclosed in the company's statements and reports filed with the OTC Markets. The Company claims the safe harbors provided by the Private Securities Litigation Reform Act of 1995 and Section 21E(c) of the Exchange Act for all forward-looking statements.

For more information, contact:
Anthony Anish, CEO Noho Inc.
E Mail:  info@nohoinc.com

Cision View original content:https://www.prnewswire.com/news-releases/noho-inc-looks-to-the-future-with-new-acquisitions-a-new-management-team-growth-and-a-strategy-for-success-302493569.html

SOURCE Noho Inc.

FAQ

What assets did NoHo Inc. (DRNK) acquire from Star Alliance International?

NoHo acquired mining and AI assets including gold mining claims, specialized equipment, green gold extraction technology, and a stake in an AI educational platform, in exchange for preferred stock.

Who is the new CEO of NoHo Inc. (DRNK)?

Anthony Anish has been appointed as the new CEO of NoHo Inc., replacing former CEO Rashad Davis.

What are NoHo Inc.'s (DRNK) expansion plans for 2025?

NoHo plans to acquire two gold mines in Arizona and Nevada, multiple fintech companies, and expand its Smog Armor product line.

What regulatory steps is NoHo Inc. (DRNK) taking to improve compliance?

NoHo is working on completing audited financial statements and plans to file a Form 10 to become a fully reporting issuer with the SEC.

How many acquisitions is NoHo Inc. (DRNK) currently pursuing?

NoHo is pursuing at least four acquisitions: two gold mines in Arizona and Nevada, and two or more fintech companies.
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