Company Description
NoHo, Inc. (OTC: DRNK) is a publicly traded company that is being developed into a diversified global holding platform. According to its public statements, the company is focused on environmentally conscious businesses and technologies, with activities spanning gold mining, mineral extraction technologies, innovative building materials, artificial intelligence, and financial technology. NoHo has described a transition toward operating multiple divisions and investing in assets that combine resource development with eco-focused products and solutions.
Business Focus and Divisions
NoHo has outlined five primary divisions it expects to drive future growth: a Gold Mining Division, a Gold Mining Technology Division, an Innovative Materials Division, a Fintech Division, and a Commodities & Artificial Intelligence Division. Each division is intended to generate revenue and long-term profitability, reflecting the company’s stated strategy of building a diversified holding structure.
Through asset acquisitions from Star Alliance International Corp., NoHo reports that it has obtained gold mining claims, specialized mining equipment, an interest in mineral extraction technology aimed at cleaning up tailings and enhancing productivity, and a minority stake in an artificial intelligence company focused on an educational platform. The company has also disclosed plans to license proprietary mineral extraction systems designed to minimize environmental impact.
Gold Mining and Mineral Extraction
NoHo’s Gold Mining Division centers on gold mining claims in the United States. The company reports that it acquired rights to 78 gold mining claims covering thousands of acres in Mariposa County, California, including a production processing mill, mining and support equipment, and related geological and assay reports. NoHo has stated that it intends to recommence work with federal agencies to finalize permits to reopen this mine and is pursuing completion of a technical report for the property.
In Arizona, NoHo has signed a binding purchase agreement to acquire a controlling 51% interest in the Alvarado Gold Mine, which includes both patented and unpatented mining claims. The company has indicated that immediate opportunities exist to commence gold leaching operations using previously mined ore that has not yet been processed. NoHo has also disclosed a non-binding letter of intent to acquire a 51% interest in a mine in Nevada, with a final agreement in preparation.
Within its Gold Mining Technology Division, NoHo describes working with a company that holds proprietary mineral extraction technology focused on cleaning up tailing piles and improving mining productivity. The company has stated that this initiative requires substantial funding to build and deploy equipment that it intends to license to active mining operations.
Innovative Materials and Climate-Focused Products
NoHo’s Innovative Materials Division currently includes two subsidiaries: Smog Armor Co. and Monarch Carbon Solutions, LLC. Smog Armor markets and sells paint products for interior and exterior use that, according to the company, have been independently tested to remove a high percentage of airborne toxins and remain effective for extended periods. These air-purifying paints are described as part of a broader mission to reduce indoor pollution and support healthier environments.
The company has also referenced concrete-related products and technologies, including concrete blocks that reduce and store CO2 from the air and a concrete additive referred to as Cool Crete, which is described as addressing urban heat and the urban heat island effect. NoHo presents these materials as part of its focus on environmentally responsible technologies and on reducing the carbon footprint of buildings and infrastructure.
Monarch Carbon Solutions, LLC was formed to operate a manufacturing facility in Arizona, but NoHo has reported that the company was unable to finalize a building lease and that Monarch did not commence operations. The company has indicated it may dissolve the existing Arizona entity and potentially restart similar operations in Nevada.
Artificial Intelligence and Fintech Investments
NoHo has disclosed a minority stake in an artificial intelligence company referred to as AI EnglishGPT (also described as AIEnglish), which it characterizes as a promising AI business developing an educational platform. This interest was obtained as part of the Star Alliance asset acquisition, and NoHo has stated that it has invested funds to date and is planning additional investment to increase its minority ownership.
In addition to AI, NoHo has announced plans to expand into the financial technology sector. The company’s stated strategy is to target investments in fintech companies that are revenue and profit positive and that have proprietary software solutions. It has reported that it is negotiating with potential fintech targets that align with these plans, with the goal of establishing a dedicated Fintech Division.
Environmental and Sustainability Mission
Across its public communications, NoHo emphasizes a mission to inspire people worldwide to adopt environmentally conscious lifestyles. The company states that it aims to drive a global movement that supports sustainable living and eco-friendly practices in everyday life. In its view, combining cleaner mining practices with eco-focused products such as air-purifying paints and carbon-reducing building materials can help meet mineral needs while seeking to minimize environmental impact.
NoHo also highlights an interest in environmentally safe gold and mineral extraction systems, positioning its mining and technology activities within a broader sustainability narrative. The company has indicated that it continually seeks out and invests in forward-thinking, environmentally responsible technologies.
Corporate Developments and Structure
NoHo trades on the over-the-counter market under the symbol DRNK. The company has reported a change of control following the acquisition of assets from Star Alliance International Corp., with Star receiving shares of NoHo’s publicly traded stock. As part of this transaction, Star Alliance’s chief executive officer assumed the CEO role at NoHo, and the company has indicated that additional board and management appointments are expected or planned.
NoHo has also stated that it is preparing to become a fully reporting company under the Securities Exchange Act of 1934, including plans to complete audits for specified fiscal years and to file a registration statement. The company has reported that it has relocated its headquarters to Las Vegas.
Historical Background and Brand Transitions
Historically, NoHo, Inc. was associated with consumer products in the wellness and recovery space, including the NOHO "After Shot" hangover recovery beverage and related offerings. Public disclosures from earlier periods describe efforts to consolidate manufacturing and fulfillment operations, develop new product lines leveraging hydro-nano technology, and expand distribution and branding partnerships.
In a later transaction, Sibannac, Inc. announced that it acquired the NOHO brand intellectual property from NoHo, Inc. in a spin-off transaction, with Sibannac agreeing to pay royalties to NoHo. Following this, NoHo’s more recent public communications have focused on climate tech, mining, innovative materials, AI, and fintech rather than consumer beverage branding.
Capital and Funding Initiatives
NoHo has described multiple funding efforts to support its growth plans. The company has reported that its CEO arranged an interim loan facility of up to a specified amount, with an initial advance earmarked to increase investment in its AI company interest, provide funding for Smog Armor, and support new acquisitions and working capital. NoHo has also indicated that it is negotiating additional lines of credit and engaging with multiple funding sources to finance acquisitions and the build-out of its divisions.
In communications to shareholders, NoHo has emphasized a strategy of acquiring controlling (often 51%) interests in operating businesses while retaining their existing management teams. The company has stated that this approach is intended to keep local management fully invested in operational success while building a centralized head office team.
Stated Strategic Direction
Through letters to shareholders and press releases, NoHo has outlined a path that includes expanding its mining operations in California, Arizona, and potentially Nevada; advancing proprietary mineral extraction technologies; growing Smog Armor and related innovative materials; increasing its stake in AI-related ventures; and building a portfolio of fintech companies with proprietary software. The company presents these initiatives as part of a broader plan to create long-term growth within a diversified, environmentally focused holding company structure.
Stock Performance
Noho (DRNK) stock last traded at $0.0002. At a market capitalization of $3.2M, DRNK is classified as a micro-cap stock with approximately 16.0B shares outstanding.
Latest News
Noho has 10 recent news articles. Of the recent coverage, 3 articles coincided with positive price movement and 4 with negative movement. Key topics include acquisition, management. View all DRNK news →
SEC Filings
Financial Highlights
Upcoming Events
Short Interest History
Short interest in Noho (DRNK) currently stands at 400.0 thousand shares, representing 0.0% of the float. Over the past 12 months, short interest has increased by 23.7%. This relatively low short interest suggests limited bearish sentiment.
Days to Cover History
Days to cover for Noho (DRNK) currently stands at 1.0 days. This low days-to-cover ratio indicates high liquidity, allowing short sellers to quickly exit positions if needed.
DRNK Company Profile & Sector Positioning
Noho (DRNK) operates in the Specialty Chemicals industry within the broader Basic Materials sector and is listed on the OTC Link.
Investors comparing DRNK often look at related companies in the same sector, including Tor Minerals (TORM), FendX Technologies Inc (FDXTF), Sonovia Israel (SNVIF), FendX Technologies Inc (FDXTD), and FRX Innovations Inc (FRXIF). Comparing financial metrics, valuation ratios, and stock performance across these peers can help investors evaluate DRNK's relative position within its industry.