NOHO,
INC. IS PINK CURRENT ON THE OTC AND PROVIDES FURTHER
UPDATES
Scottsdale,
AZ -- July 6, 2021 -- InvestorsHub NewsWire -- NOHO,
Inc. (OTC
PINK: DRNK), a Wyoming corporation (the
"Company"), announced the following:
The Company has achieved Pink status on the OTC as
all current financial statements are filed and
approved.
Management would like to thank all shareholders
for their patience in this long-awaited process in getting the
company current. The Company is in discussion with a new
auditor to begin the audit process and return NOHO to fully
reporting status with the SEC.
Revenue and Operations
The NOHO
site is in final development and the new After Shot is
currently in production. The Company expects to launch the
site by August with product available for sale. In addition,
management has decided to go to market with the sale of its Delta-8
THC products under the RaD8 brand. While
management initially resisted direct to consumer sales to due
regulatory concerns, the Company is now comfortable selling
consumer products to the vast majority of the country, while
avoiding the patchwork of states that do not permit Delta-8 sales
and which, fortunately, amount to only a small segment of the
overall population.
As a further benefit, the Company will be
introducing its payment processing solution by separate release
shortly. This solution will allow the Company to make sales
of Delta-8 without having to seek banking approval and rely on the
conventional credit card processing networks that charge high
transaction fees.
"NOHO is back to Pink and current in its filings
for the first time since 2017. We are engaged with a new
auditor to return the company to fully reporting status with the
SEC and we'll be back in revenue this Summer with new products to
follow the initial launch later this month," said David Mersky,
NOHO's CEO.
More from NOHO – in addition to the After
Shot, we have developed a new line of products, all leveraging
Hydro-Nano technology, which will be rolling out soon. For
additional information and product updates, please follow us at
www.nohoshot.com and follow NOHO on
Twitter at www.twitter.com/nohodrink.
Cautionary Note Regarding Forward-Looking
Statements.
This press release contains statements that
constitute forward-looking statements within the meaning
of Section 27A of the Securities Act of
1933, as amended, and Section 21E of the Securities
Exchange Act of 1934, as amended. These
statements appear in a number of places in this
release and include all statements that are
not statements of historical fact regarding the intent, belief or
current expectations of
Noho, Inc. (the "Company"), its directors or its
officers with respect to, among other things:
(i) financing plans; (ii)
trends affecting its financial condition or results of operations;
(iii) growth strategy and operating
strategy. The words "may," "would," "will," "expect," "estimate,"
"can," "believe," "potential" and similar
expressions and variations thereof are intended to identify
forward-looking statements. Investors are
cautioned that any such forward-looking statements are not
guarantees of future performance and involve
risks and uncertainties, many of which are beyond the Company's
ability to control, and actual results may differ materially from
those projected in the
forward-looking statements as a
result of various factors. You should not place undue
reliance on forward-looking statements since they involve known and
unknown risks, uncertainties and other factors,
which are, in some cases, beyond the Company's control and which
could, and likely will, materially affect actual results, levels of
activity, performance or achievements. The Company assumes no
obligation to publicly update or revise these forward-looking
statements for any reason, or to update the reasons actual results
could differ materially from those anticipated in these
forward-looking statements, even if new information
becomes available in the future. Important factors that could cause
actual results to differ materially from the company's expectations
include, but are not limited to, those factors that are disclosed
under the heading "Risk Factors" and elsewhere in documents filed
by the company from time to time with the United States Securities
and Exchange Commission and other regulatory
authorities.
Contact:
IR@TheCampusCo.com
