Welcome to our dedicated page for Noho news (Ticker: DRNK), a resource for investors and traders seeking the latest updates and insights on Noho stock.
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, Inc. (OTC PINK: DRNK) has appointed Eric Manfull as the new Director of Operations & Logistics. Manfull brings over 15 years of experience in the health and wellness industry, overseeing production and operations for more than 6,000 dietary supplements. He previously developed protocols for NOHO's FDA-registered facility. CEO David Mersky highlighted Manfull's expertise in manufacturing and supply chain as crucial for the company's growth and operational efficiency. NOHO is also launching a new line of products utilizing Hydro-Nano technology.
NOHO, Inc. (OTC PINK: DRNK) has announced a new product development agreement with gaming influencer D Lucky, known for his expertise in casino slot play. The collaboration aims to create a drink additive that enhances focus and energy for gamblers, and can be mixed with existing beverages. Furthermore, discussions are underway for a white-label manufacturing deal for gummy products under the D Lucky brand. This partnership is expected to increase brand visibility in Las Vegas, complemented by NOHO's product rollout strategy.
NOHO, Inc. (OTC PINK: DRNK) has announced plans to raise up to $20 million through a Regulation A Tier II Offering. The proceeds will finance brand development, advertising, and general operations, with a potential allocation for acquisitions. Following a deal with Continuation Capital, NOHO expects an Indication of Interest for $8 million. The company's focus will be on expanding in Las Vegas and New York, and a new nootropic beverage additive is in development. Details about the Offering and pricing will follow the registration documents.
NOHO, Inc. (OTC PINK: DRNK) announced a debt-for-equity exchange with Lifetime Branding Collaborative, LLC, eliminating $600,000 in debt. This strategic move positions the company to strengthen its market presence in nutrition without immediate dilution of common stock. The CEO highlighted the partnership's potential for brand building. Additionally, NOHO confirmed the shipment of all initial orders for its product, After Shot, and announced upcoming product launches utilizing Hydro-Nano technology.
NOHO, Inc. (OTC PINK: DRNK) announced a shareholder call scheduled for July 29, 2021, at 11:00 AM MST via Zoom, allowing direct interaction between shareholders and management. Additionally, the company is in preliminary discussions with a green energy technology firm holding patents in Renewable Energy Platforms (DREP) to seek capital for a marketing campaign in exchange for equity. NOHO is also set to launch new products leveraging Hydro-Nano technology shortly.
NOHO, Inc. (OTC PINK: DRNK) announced the retention of Farber Hass Hurley LLP for PCAOB required audits of its past two years’ financial statements. Following the audits, the company plans to file applications to regain fully reporting status with the SEC. Two new directors, James D. Staudohar and Booker T. Evans, Jr., have been appointed to the board. The company also revealed upcoming sales of its After Shot product and indicated ongoing development of new products utilizing Hydro-Nano technology.
NOHO, Inc. (OTC PINK: DRNK) has achieved Pink status on the OTC market as all financial statements are filed and approved. The company is engaging a new auditor to initiate the audit process for full SEC reporting. NOHO's website is nearing completion, with the new product After Shot set to launch by August. The company will also market its Delta-8 THC products under the RāD8 brand, following regulatory considerations. A payment processing solution will be introduced to facilitate sales without traditional banking hurdles.
NOHO, Inc. (OTC PINK: DRNK) has filed its financial statements with OTC Markets after a dormant period since 2017. The filings confirm no stock dilution since 2017 and the management does not hold common shares. The asset value of acquired software is reduced from $2.8M to $500K due to dormancy. Convertible notes remain a liability with restrictions on conversion. The company is preparing to launch its website and new product lines, including Delta-8 THC products. The recent USPS policy change now allows shipping vaping products, which could benefit operations.