DRNK News 12/27/2016 - 0.0001
Post# of 273249
Posted On: 12/27/2016 1:19:02 PM
NoHo, Inc. $DRNK News
Last updated 12/27/2016 - 0.0001
DRNK Enters Final Negotiations of Two Acquisitions - Retires 54 Billion of Common Shares
Nov 14, 2016
OTC Disclosure & News Service
-
SCOTTSDALE, Ariz., Nov. 14, 2016 (GLOBE NEWSWIRE) -- On November 1, 2016, NOHO, Inc. (OTCQB
RNK), a Wyoming corporation (the “Company”) announced the following:
The Company has negotiated letters of intent to acquire the assets two companies:
- Essential Marketing Systems, LLC, of Scottsdale, Arizona
- ChoiceAdz.com, Inc., operating as BizConnect360.com, of Yorba Linda, California.
ChoiceAdz.com has already done $350,000 in revenue in 2016 and is operating profitably. Its projected revenue for 2017 is well beyond $1,800,000.
These companies presently operate in the advertising technology space and the acquisitions will expand the Company’s product lines to offer customers a bundled suite of advertising and business services from a streamlined and direct platform.
These acquisitions are anticipated to be completed by December 15, 2016. These acquisitions will be achieved by using the newly issued preferred shares and there will be no dilution to the existing common shareholders.
The 54 billion shares of common stock exchanged by NOHO in the share exchange agreement with Media360 Licensing, Inc. on September 9, 2016, shall be retired and reissued as preferred shares on a ratio basis consistent with the share exchange agreement. In order for the Company to convert the newly issued preferred shares, a filing will be required.
Expansion of Cannabis Advertising Platform
Based on the results of the proven concept in Colorado, the Company is expanding its Cannabis advertising platform to all states where recreational Cannabis is permitted under state law.
NOHO, Inc., CEO David Mersky stated: "These are exciting times for the company. Our strategy for growth will see us continue making revenue producing acquisitions. In keeping with our plans to expand within the cannabis sector we have started due diligence on several acquisition candidates. We look forward to announcing updates as developments occur."
The Company has authorized its counsel to effectuate a name change from NOHO, Inc. to IMBUTEK Corporation, seeking to trade under the new proposed symbol of “IMTK”, or if not available then “IUTK’ or “IBTK.” This change is intended to more accurately reflect the nature of the Company’s core advertising technology business. Until that process is completed, the stock will continue to trade under its current symbol: DRNK.
Further, pursuant to the Spin-Off Agreement with Purple Investment Group, Inc. dated September 9, 2016, the 2,609,527,445 shares belonging to Dolce B Investments have been transferred to NOHO as collateral and a guarantee of Purple Investment Group, Inc.’s assumption of liabilities of NOHO, until such time as those liabilities are satisfied and no longer pose a contingent risk to NOHO.
About NOHO, Inc.
NOHO Gold Premium and Functional Lifestyle beverage is setting the standard for beverages that not only taste great, but also serves a functional purpose. The 8.4 oz can has a light, refreshing flavor and can be used as a healthy alternative to high sugar sodas and juices. With only 6 grams of sugar and 30 calories, it proves that healthy can taste good.
For additional information on NOHO please visit www.nohodrink.com.
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 the 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.
Investor/Media Contact:
Phillip Sugarman
Investor Relations Partners
818-280-6800
psugarman@irpartnersinc.com
Copyright © 2016 GlobeNewswire. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
Media360 Licensing, Inc. Announces Their Strategic Plan of Operation
Oct 20, 2016
OTC Disclosure & News Service
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SCOTTSDALE, Ariz., Oct. 20, 2016 (GLOBE NEWSWIRE) -- The newly acquired wholly-owned subsidiary of NOHO, Inc. (OTCQB RNK), Media360 Licensing, Inc., has announced the implementation of their Plan of Operations.
Media360 Licensing, Inc. is an advertising technology platform which provides point of sale and branding campaigns to advertisers on a local and national basis. The company provides and installs digital menu and point of sale screens into retail establishments and restaurants. Through the company’s wholly owned brand Sticky Media, it specializes in placing interactive, touchscreen tablets in taxi cabs where advertisers can manage branding and awareness campaigns in addition to having trackable metrics, including impressions and touches, as well as the potential to convert actual purchases in real time.
On September 9, 2016, NOHO, Inc., a Wyoming corporation (the “Company”), by and through its Board of Directors and majority shareholder entered into the Share Exchange Agreement (the “Agreement”) with Media360 Licensing, Inc., a Wyoming corporation (“Media360”). Pursuant to the Agreement, the shareholders of Media360 exchanged 100% of their shares of common stock of Media360 for 54,000,000,000 shares of common stock of the Company. As a result, Media360 became a wholly-owned subsidiary of the Company and the business of Media360 shall continue through the Company.
As a condition subsequent to the Agreement with Media360, the Company must Spin-Off certain assets and liabilities to a third party (described below). On October 19, 2016, NOHO, Inc. entered into a Spin-Off agreement with Purple Investment Group, Inc., a Nevada corporation, (“Spin-Off Agreement”), to ostensibly Spin-Off its ownership in a multi-level marketing business named DRNK Direct, LLC, as well as, certain assets and liabilities of Dolce Bevuto, LLC, the wholly-owned subsidiary of NOHO, Inc. Of additional importance is that notes payable of approximately $608,000.00 have been assigned to the buyer and are no longer obligations of NOHO, Inc.
A material effect of the Spin-Off Agreement resulted in the sale of liabilities of $2,271,830.00 and assets of $647,057.00 (expressed on the consolidated balance sheet of NOHO, Inc. as of June 30, 2016). A material effect of the Share Exchange Agreement resulted in an additional $4,000,000.00 of equity as expressed in the Media360 audited financial statements dated September 30, 2016. After consolidation of both the Share Exchange and Spin-Off Agreements, the net worth of the Company was approximately $3,455,601.00 as of September 30, 2016.
On October 5, 2016, NOHO, Inc. settled all (3) of its convertible notes (“Notes”) held by KBM Worldwide, Inc. (“KBM”) and Vis Vires Group, Inc. (“VVG”) for $100,000.00. These Notes will cancel in its entirety and as a result KBM and VVG do not own any stock of NOHO.
About NOHO, Inc.
NOHO Gold Premium and Functional Lifestyle beverage is setting the standard for beverages that not only taste great, but also serves a functional purpose. The 8.4 oz can's light refreshing flavor can be used to help combat against hangovers by mixing it with your favorite liquor or can be used as a healthy alternative to high sugar sodas and juices. With only 6 grams of sugar and 30 calories, it proves that healthy can taste good.
For additional information on NOHO please visit www.nohodrink.com and follow NOHO on www.instagram.com/nohodrink as well as 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 the 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.
Investor Contact:
Phillip Sugarman, Vice President
Investor Relations Partners
Phone: 818-280-6800
psugarman@irpartnersinc.com
Copyright © 2016 GlobeNewswire. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
NOHO Retains Investor Relations Partners as IR Counsel; Company Sees Steep Sales Ramp Ahead on Distribution Platform
May 13, 2016
OTC Disclosure & News Service
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SCOTTSDALE, Ariz., May 13, 2016 (GLOBE NEWSWIRE) -- NOHO, Inc. (OTCQB RNK), a producer and marketer of award-winning functional, premium lifestyle beverages, today announced it has retained Investor Relations Partners (IRP) to expand the Company’s strategic investor relations program.
“NOHO is rapidly building out a robust distribution platform for its uniquely functional and tasty NOHO Gold and NOHO Hangover Defense product lines,” said Jay Grdina, NOHO Chief Executive Officer. “We now have solid and growing global market penetration, with multi-million dollar minimum distribution revenue commitments, across developed nations in Asia as well as throughout the United States.
“We anticipate 2016 being a breakout year for NOHO with sales ramping up through our recently engaged distributors, and are thrilled to announce Investor Relations Partners will be working with us to upgrade our investment story and tell it to a wider audience,” he added.
Industry analysts report flavored and functional drinks, which are high in herbs, vitamins, amino acids, and minerals, are increasingly being preferred over aerated drinks across many regions. The global flavored and functional water market is expected to reach US$36.7 bn by 2019 from a market value of US$17.2 bn in 2012. The market is likely to register a CAGR of 11.50% between 2013 and 2019. Some of the driving forces of this market are the high rate of urbanization and rising number of health-conscious consumers along with the constantly growing concern of consumers towards maintaining a healthier life.1
Phillip Sugarman, Vice President of Investor Relations Partners, said, “Once I tried my first NOHO beverage, I was a believer. This is the best product in class, with a bright future in a massive, fast growing global marketplace. We look forward to introducing the NOHO investment story to a much wider universe of prospective investors and media.”
To be added to the Company’s investor lists, please contact Phillip Sugarman at Investor Relations Partners at 818-280-6800 or via email at psugarman@irpartnersinc.com.
About Investor Relations Partners
Investor Relations Partners, Inc. (IRP) is a full-service investor relations firm serving a global client base. The principals of IRP have received top industry awards for their investor relations programs for a number of high-profile companies, including, but not limited to, Starwood Hotels & Resorts Worldwide, ValueVision Media, Taro Pharmaceuticals, and LJ International. The firm's principals have executed effective investor relations programs for dozens of public companies, ranging from emerging micro-cap companies to multinational corporations with market capitalizations in excess of $15 billion. For further information on IRP, please visit the firm's Website at www.irpartnersinc.com.
1http://www.transparencymarketresearch.com/pressrelease/flavored-functional-water.htm
About NOHO
NOHO produces and markets its award-winning Gold Premium and Functional Lifestyle beverage that is setting the standard for functional beverages that taste great. The 8.4 oz. can's light refreshing flavor can be used to help combat against hangovers by mixing it with your favorite liquor, or it may be a healthy alternative to high sugar sodas and juices. With only six grams of sugar and 30 calories, NOHO proves that healthy can taste good. The two-ounce NOHO Hangover Defense Shot provides the same essential ingredients in a concentrated prevention and treatment boost.
For additional information on NOHO please visit www.nohodrink.com and follow NOHO on www.instagram.com/nohodrink as well as 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 the 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.
Phillip Sugarman
Vice President, Investor Relations
Phone: 818-280-6800
tmarkey@irpartnersinc.com
Copyright © 2016 GlobeNewswire. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
NOHO, Inc. Inks New Deal With Independent US Marketing Group and Distributor
Jan 14, 2016
OTC Disclosure & News Service
-
NOHO, Inc. Inks New Deal With Independent US Marketing Group and Distributor
SCOTTSDALE, AZ--(Marketwired - January 14, 2016) - Scottsdale, AZ based company NOHO Inc. (OTCQB: DRNK) has inked a new distribution contract with Essential Distribution, LLC. based out of Arizona. The agreement will push NOHO'S Gold 8.4 oz. Premium Lifestyle Beverage throughout Essential Distribution's network of nightclubs, bars and restaurants.
Jay Grdina, NOHO's CEO stated, "This will be a great platform for marketing of our NOHO products, creating brand awareness, product education and driving sales for us. Essential reaches a consumer base that has been very difficult for us to penetrate. We looked to partner with Essential, not only because of their state of the art advertising technology, but more importantly, for their aggressive push into the market place with a very solid management and sales team."
This will be the first distribution of its kind with NOHO, as Essential Distribution will be using their digital ad network to advertise NOHO throughout the bars and taxi companies that they currently service. The unique platform will help drive sales within individual establishments, as well as bring awareness to consumers outside of bars and restaurants. Currently, Essential Distribution has exclusive rights to distribution in 12 states including; Arizona, California, Colorado, Florida, Idaho, Illinois, Michigan, New York, North Carolina, South Carolina, Texas and Utah, with hopes of growing throughout the entire United States in the upcoming years.
Essential Distribution Vice President of Sales, Nick Stanitz-Harper, is enthusiastic about the new relationship with NOHO stating, "I am excited to have NOHO's hangover preventative beverage on board. With the exclusive advertising rights we have within sports bars and taxi cabs, approximately 2.5 million people will be exposed to NOHO advertisements each month and there is only one way for sales to go...UP!"
NOHO Gold Premium and Functional Lifestyle beverage is setting the standard for beverages that not only taste great, but also serve a functionality. The 8.4 oz. can's light refreshing flavor can be used to help combat against hangovers by mixing it with your favorite liquor or can be a healthy alternative to high sugar sodas and juices. With only 6 grams of sugar and 30 calories, it proves that healthy can taste good.
For additional information on NOHO please visit www.nohodrink.com and follow NOHO on www.instagram.com/nohodrink as well as 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 the 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.
Press Contact:
Bre Mortenson
Public Relations Mgr.
480.306.7319
pr@nohodrink.com
Copyright © 2016 Marketwired. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
NOHO, Inc. Expands Distribution Into Japanese Market
Dec 17, 2015
OTC Disclosure & News Service
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NOHO, Inc. Expands Distribution Into Japanese Market
SCOTTSDALE, AZ--(Marketwired - Dec 17, 2015) - Scottsdale, AZ based company NOHO, Inc. (OTC PINK: DRNK) has signed a distribution contract with Worldwide Group, for exclusive distribution rights in Japan for NOHO's 2 oz. shot "The Hangover Defense," as well as, its NOHO Gold 8.4 oz. "Premium Lifestyle" can.
The agreement with Worldwide Group includes an exclusive 10-year distribution term for the NOHO products, along with, an aggressive guaranteed yearly minimums of purchase by Worldwide Group. NOHO products will be showing up on shelves in Japan as soon as the summer of 2016.
The expansion to the Japanese market seems like a no-brainer based upon the success NOHO has seen in Hong Kong, Macau and Korea. "We are seeing tremendous success with NOHO Gold in Korea. We wanted to further our territory of distribution to include Japan. We have a very strong distribution network in Japan and feel that the NOHO products will be a perfect fit with the Japanese culture," states Worldwide Group's CEO, Scott Kim.
Japanese citizens consume approximately 7.2 liters of alcohol per capita, per year, according to the World Health Organization. The Japanese culture is no stranger to drinking being a part of business meetings and a majority of alcohol consumption consists of "salaried businessmen who claim that [drinking] with clients or coworkers is part of their job and a mark of company loyalty. To refuse a drink from the boss is a terrible insult that can damage a career" (CMAJ, 2002).
NOHO, Inc. CEO, Jay Grdina, is excited about the 10 year, exclusive Japanese distribution deal with Worldwide Group, stating, "We continue to see success in the Asian markets with our NOHO products. Japan will be another great territory for distribution and we should have product on the shelves there in the summer of 2016. Our brand continues to dominate and evolve in its categories."
About NOHO -- Premium and Functional Lifestyle Beverage
NOHO "The Hangover Defense" 2 oz. shot and NOHO "Premium Lifestyle Beverage" Gold 8.4 oz. can, are category leaders, changing how consumers support their active and social lifestyles. The NOHO 2 oz. shot is the #1 selling hangover protection shot on the market that helps you love your body by protecting it from the adverse effects of alcohol. NOHO comes in the form of a two shot combination, one shot to be taken prior to your first alcoholic beverage and one after your last. It is packed with essential nutrients, vitamins, and NO energy components making it just as healthy as it is reliable.
For additional information on NOHO please visit www.nohodrink.com and follow NOHO on www.instagram.com/nohodrink as well as 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 the 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.
Press Contact:
Bre Mortenson
Public Relations Mgr.
480.306.7319
pr@nohodrink.com
Copyright © 2015 Marketwired. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
NOHO, Inc. enters into an exclusive distribution agreement with TDG Brands, Inc. for NOHO "The Hangover Defense" 2 oz shots
Oct 30, 2015
OTC Disclosure & News Service
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NOHO, Inc. enters into an exclusive distribution agreement with TDG Brands, Inc. for NOHO "The Hangover Defense" 2 oz shots
PR Newswire
SCOTTSDALE, AZ, Oct. 30, 2015
SCOTTSDALE, AZ, Oct. 30, 2015 /PRNewswire/ - Scottsdale, AZ based beverage company NOHO, Inc. (OTC: DRNK) has entered into an exclusive distribution agreement with TDG Brands, Inc. or Scottsdale, AZ for distribution of NOHO "The Hangover Defense" 2 oz. shots in all flavors.
"TDG Brands services over 48,000 stores in the domestic U.S. and we are more than happy to be included into their bevy of big name brands that they offer and represent. They have really mastered the art of picking brands, placing them into the market, structuring proper sell through programs and creating brand awareness. Our NOHO 2 oz. shot is the perfect compliment for their portfolio and we are confident in TDG's ability to dramatically expand our distribution and retailer base," said Jay Grdina, CEO of NOHO, Inc.
The 5 year exclusive U.S. distribution agreement between NOHO, Inc. and TDG Brands, Inc. guarantees NOHO, Inc. $2,500,000 for the first year of the agreement. NOHO, Inc. will still retain the worldwide rights to distribute its NOHO 2 oz. shot. TDG will be responsible for all slotting and marketing costs of the distributed NOHO products throughout the term of the agreement.
Jerry Dellaportas the VP of Business Development at TDG Brands, Inc. said, "We are extremely excited and privileged to bring NOHO into our sales and distribution network. We look forward to expanding its brand name across the United States market. This partnership will be a big part of our success going into the new year."
About NOHO – Premium and Functional Lifestyle Beverage
NOHO "The Hangover Defense" 2 oz. shot and NOHO "Premium Lifestyle Beverage" Gold 8.4 oz. can, are category leaders,changing how consumers support their active and social lifestyles. The NOHO 2 oz. shot is the #1 selling hangover protection shot on the market that helps you love your body by protecting it from the adverse effects of alcohol. NOHO comes in the form of a two shot combination, one shot to be taken prior to your first alcoholic beverage and one after your last. It is packed with essential nutrients, vitamins, and NO energy components making it just as healthy as it is reliable.
About TDG Brands, Inc.
The TDG Company represents some of the largest blue chip brands in the world. Strategic, capable and connected, TDG has an unparalleled reputation for creating the most innovative, effective and successful brand campaigns across a range of sectors including Food & Beverage, Fashion, Auto, Medical, Sports, Electronics and Entertainment.
The TDG' network boasts more than $1 billion in retail sales, 32,000 product lines and access to over 80% of the world's consumer marketplace via our 40 worldwide network offices of international representatives.
World-class past and current clients within the TDG portfolio include: Jim Beam®, Sauza Tequila®, Canadian Club®, Welch's®, NOHO®, Power Run Energy®, Sanderson Farms®, Smithfield®, Seattle's Best®, Starbucks®, Organic Valley®, Superior Nut & Candy®, Foster Grant®, Costco®, SUPERVALU®, Sam's Club®, Kroger®, Harper Collins®, Penguin & Putnam®, The Jim Henson Company® Fox®, Universal Studios®, Warner Brothers® Disney®, TBS®, American Basketball Association®, NBA®, CBA®, NFL® and MLB®.
For additional information on NOHO please visit www.nohodrink.com and follow NOHO on www.instagram.com/nohodrink as well as atwww.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 the 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.
SOURCE NOHO, Inc.
Copyright © 2015 PR Newswire. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
Noho, Inc. Increases Authorized Stock
Oct 26, 2015
OTC Disclosure & News Service
Scottsdale, AZ
This release includes additional documents. Select the link(s) below to view.
10.26.15 Increase in Authorized.pdf
Copyright © 2015 OTC Markets. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
Last updated 12/27/2016 - 0.0001
DRNK Enters Final Negotiations of Two Acquisitions - Retires 54 Billion of Common Shares
Nov 14, 2016
OTC Disclosure & News Service
-
SCOTTSDALE, Ariz., Nov. 14, 2016 (GLOBE NEWSWIRE) -- On November 1, 2016, NOHO, Inc. (OTCQB
RNK), a Wyoming corporation (the “Company”) announced the following: The Company has negotiated letters of intent to acquire the assets two companies:
- Essential Marketing Systems, LLC, of Scottsdale, Arizona
- ChoiceAdz.com, Inc., operating as BizConnect360.com, of Yorba Linda, California.
ChoiceAdz.com has already done $350,000 in revenue in 2016 and is operating profitably. Its projected revenue for 2017 is well beyond $1,800,000.
These companies presently operate in the advertising technology space and the acquisitions will expand the Company’s product lines to offer customers a bundled suite of advertising and business services from a streamlined and direct platform.
These acquisitions are anticipated to be completed by December 15, 2016. These acquisitions will be achieved by using the newly issued preferred shares and there will be no dilution to the existing common shareholders.
The 54 billion shares of common stock exchanged by NOHO in the share exchange agreement with Media360 Licensing, Inc. on September 9, 2016, shall be retired and reissued as preferred shares on a ratio basis consistent with the share exchange agreement. In order for the Company to convert the newly issued preferred shares, a filing will be required.
Expansion of Cannabis Advertising Platform
Based on the results of the proven concept in Colorado, the Company is expanding its Cannabis advertising platform to all states where recreational Cannabis is permitted under state law.
NOHO, Inc., CEO David Mersky stated: "These are exciting times for the company. Our strategy for growth will see us continue making revenue producing acquisitions. In keeping with our plans to expand within the cannabis sector we have started due diligence on several acquisition candidates. We look forward to announcing updates as developments occur."
The Company has authorized its counsel to effectuate a name change from NOHO, Inc. to IMBUTEK Corporation, seeking to trade under the new proposed symbol of “IMTK”, or if not available then “IUTK’ or “IBTK.” This change is intended to more accurately reflect the nature of the Company’s core advertising technology business. Until that process is completed, the stock will continue to trade under its current symbol: DRNK.
Further, pursuant to the Spin-Off Agreement with Purple Investment Group, Inc. dated September 9, 2016, the 2,609,527,445 shares belonging to Dolce B Investments have been transferred to NOHO as collateral and a guarantee of Purple Investment Group, Inc.’s assumption of liabilities of NOHO, until such time as those liabilities are satisfied and no longer pose a contingent risk to NOHO.
About NOHO, Inc.
NOHO Gold Premium and Functional Lifestyle beverage is setting the standard for beverages that not only taste great, but also serves a functional purpose. The 8.4 oz can has a light, refreshing flavor and can be used as a healthy alternative to high sugar sodas and juices. With only 6 grams of sugar and 30 calories, it proves that healthy can taste good.
For additional information on NOHO please visit www.nohodrink.com.
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 the 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.
Investor/Media Contact:
Phillip Sugarman
Investor Relations Partners
818-280-6800
psugarman@irpartnersinc.com
Copyright © 2016 GlobeNewswire. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
Media360 Licensing, Inc. Announces Their Strategic Plan of Operation
Oct 20, 2016
OTC Disclosure & News Service
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SCOTTSDALE, Ariz., Oct. 20, 2016 (GLOBE NEWSWIRE) -- The newly acquired wholly-owned subsidiary of NOHO, Inc. (OTCQB
RNK), Media360 Licensing, Inc., has announced the implementation of their Plan of Operations. Media360 Licensing, Inc. is an advertising technology platform which provides point of sale and branding campaigns to advertisers on a local and national basis. The company provides and installs digital menu and point of sale screens into retail establishments and restaurants. Through the company’s wholly owned brand Sticky Media, it specializes in placing interactive, touchscreen tablets in taxi cabs where advertisers can manage branding and awareness campaigns in addition to having trackable metrics, including impressions and touches, as well as the potential to convert actual purchases in real time.
On September 9, 2016, NOHO, Inc., a Wyoming corporation (the “Company”), by and through its Board of Directors and majority shareholder entered into the Share Exchange Agreement (the “Agreement”) with Media360 Licensing, Inc., a Wyoming corporation (“Media360”). Pursuant to the Agreement, the shareholders of Media360 exchanged 100% of their shares of common stock of Media360 for 54,000,000,000 shares of common stock of the Company. As a result, Media360 became a wholly-owned subsidiary of the Company and the business of Media360 shall continue through the Company.
As a condition subsequent to the Agreement with Media360, the Company must Spin-Off certain assets and liabilities to a third party (described below). On October 19, 2016, NOHO, Inc. entered into a Spin-Off agreement with Purple Investment Group, Inc., a Nevada corporation, (“Spin-Off Agreement”), to ostensibly Spin-Off its ownership in a multi-level marketing business named DRNK Direct, LLC, as well as, certain assets and liabilities of Dolce Bevuto, LLC, the wholly-owned subsidiary of NOHO, Inc. Of additional importance is that notes payable of approximately $608,000.00 have been assigned to the buyer and are no longer obligations of NOHO, Inc.
A material effect of the Spin-Off Agreement resulted in the sale of liabilities of $2,271,830.00 and assets of $647,057.00 (expressed on the consolidated balance sheet of NOHO, Inc. as of June 30, 2016). A material effect of the Share Exchange Agreement resulted in an additional $4,000,000.00 of equity as expressed in the Media360 audited financial statements dated September 30, 2016. After consolidation of both the Share Exchange and Spin-Off Agreements, the net worth of the Company was approximately $3,455,601.00 as of September 30, 2016.
On October 5, 2016, NOHO, Inc. settled all (3) of its convertible notes (“Notes”) held by KBM Worldwide, Inc. (“KBM”) and Vis Vires Group, Inc. (“VVG”) for $100,000.00. These Notes will cancel in its entirety and as a result KBM and VVG do not own any stock of NOHO.
About NOHO, Inc.
NOHO Gold Premium and Functional Lifestyle beverage is setting the standard for beverages that not only taste great, but also serves a functional purpose. The 8.4 oz can's light refreshing flavor can be used to help combat against hangovers by mixing it with your favorite liquor or can be used as a healthy alternative to high sugar sodas and juices. With only 6 grams of sugar and 30 calories, it proves that healthy can taste good.
For additional information on NOHO please visit www.nohodrink.com and follow NOHO on www.instagram.com/nohodrink as well as 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 the 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.
Investor Contact:
Phillip Sugarman, Vice President
Investor Relations Partners
Phone: 818-280-6800
psugarman@irpartnersinc.com
Copyright © 2016 GlobeNewswire. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
NOHO Retains Investor Relations Partners as IR Counsel; Company Sees Steep Sales Ramp Ahead on Distribution Platform
May 13, 2016
OTC Disclosure & News Service
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SCOTTSDALE, Ariz., May 13, 2016 (GLOBE NEWSWIRE) -- NOHO, Inc. (OTCQB
RNK), a producer and marketer of award-winning functional, premium lifestyle beverages, today announced it has retained Investor Relations Partners (IRP) to expand the Company’s strategic investor relations program. “NOHO is rapidly building out a robust distribution platform for its uniquely functional and tasty NOHO Gold and NOHO Hangover Defense product lines,” said Jay Grdina, NOHO Chief Executive Officer. “We now have solid and growing global market penetration, with multi-million dollar minimum distribution revenue commitments, across developed nations in Asia as well as throughout the United States.
“We anticipate 2016 being a breakout year for NOHO with sales ramping up through our recently engaged distributors, and are thrilled to announce Investor Relations Partners will be working with us to upgrade our investment story and tell it to a wider audience,” he added.
Industry analysts report flavored and functional drinks, which are high in herbs, vitamins, amino acids, and minerals, are increasingly being preferred over aerated drinks across many regions. The global flavored and functional water market is expected to reach US$36.7 bn by 2019 from a market value of US$17.2 bn in 2012. The market is likely to register a CAGR of 11.50% between 2013 and 2019. Some of the driving forces of this market are the high rate of urbanization and rising number of health-conscious consumers along with the constantly growing concern of consumers towards maintaining a healthier life.1
Phillip Sugarman, Vice President of Investor Relations Partners, said, “Once I tried my first NOHO beverage, I was a believer. This is the best product in class, with a bright future in a massive, fast growing global marketplace. We look forward to introducing the NOHO investment story to a much wider universe of prospective investors and media.”
To be added to the Company’s investor lists, please contact Phillip Sugarman at Investor Relations Partners at 818-280-6800 or via email at psugarman@irpartnersinc.com.
About Investor Relations Partners
Investor Relations Partners, Inc. (IRP) is a full-service investor relations firm serving a global client base. The principals of IRP have received top industry awards for their investor relations programs for a number of high-profile companies, including, but not limited to, Starwood Hotels & Resorts Worldwide, ValueVision Media, Taro Pharmaceuticals, and LJ International. The firm's principals have executed effective investor relations programs for dozens of public companies, ranging from emerging micro-cap companies to multinational corporations with market capitalizations in excess of $15 billion. For further information on IRP, please visit the firm's Website at www.irpartnersinc.com.
1http://www.transparencymarketresearch.com/pressrelease/flavored-functional-water.htm
About NOHO
NOHO produces and markets its award-winning Gold Premium and Functional Lifestyle beverage that is setting the standard for functional beverages that taste great. The 8.4 oz. can's light refreshing flavor can be used to help combat against hangovers by mixing it with your favorite liquor, or it may be a healthy alternative to high sugar sodas and juices. With only six grams of sugar and 30 calories, NOHO proves that healthy can taste good. The two-ounce NOHO Hangover Defense Shot provides the same essential ingredients in a concentrated prevention and treatment boost.
For additional information on NOHO please visit www.nohodrink.com and follow NOHO on www.instagram.com/nohodrink as well as 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 the 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. Phillip Sugarman
Vice President, Investor Relations
Phone: 818-280-6800
tmarkey@irpartnersinc.com
Copyright © 2016 GlobeNewswire. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
NOHO, Inc. Inks New Deal With Independent US Marketing Group and Distributor
Jan 14, 2016
OTC Disclosure & News Service
-
NOHO, Inc. Inks New Deal With Independent US Marketing Group and Distributor
SCOTTSDALE, AZ--(Marketwired - January 14, 2016) - Scottsdale, AZ based company NOHO Inc. (OTCQB: DRNK) has inked a new distribution contract with Essential Distribution, LLC. based out of Arizona. The agreement will push NOHO'S Gold 8.4 oz. Premium Lifestyle Beverage throughout Essential Distribution's network of nightclubs, bars and restaurants.
Jay Grdina, NOHO's CEO stated, "This will be a great platform for marketing of our NOHO products, creating brand awareness, product education and driving sales for us. Essential reaches a consumer base that has been very difficult for us to penetrate. We looked to partner with Essential, not only because of their state of the art advertising technology, but more importantly, for their aggressive push into the market place with a very solid management and sales team."
This will be the first distribution of its kind with NOHO, as Essential Distribution will be using their digital ad network to advertise NOHO throughout the bars and taxi companies that they currently service. The unique platform will help drive sales within individual establishments, as well as bring awareness to consumers outside of bars and restaurants. Currently, Essential Distribution has exclusive rights to distribution in 12 states including; Arizona, California, Colorado, Florida, Idaho, Illinois, Michigan, New York, North Carolina, South Carolina, Texas and Utah, with hopes of growing throughout the entire United States in the upcoming years.
Essential Distribution Vice President of Sales, Nick Stanitz-Harper, is enthusiastic about the new relationship with NOHO stating, "I am excited to have NOHO's hangover preventative beverage on board. With the exclusive advertising rights we have within sports bars and taxi cabs, approximately 2.5 million people will be exposed to NOHO advertisements each month and there is only one way for sales to go...UP!"
NOHO Gold Premium and Functional Lifestyle beverage is setting the standard for beverages that not only taste great, but also serve a functionality. The 8.4 oz. can's light refreshing flavor can be used to help combat against hangovers by mixing it with your favorite liquor or can be a healthy alternative to high sugar sodas and juices. With only 6 grams of sugar and 30 calories, it proves that healthy can taste good.
For additional information on NOHO please visit www.nohodrink.com and follow NOHO on www.instagram.com/nohodrink as well as 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 the 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. Press Contact:
Bre Mortenson
Public Relations Mgr.
480.306.7319
pr@nohodrink.com
Copyright © 2016 Marketwired. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
NOHO, Inc. Expands Distribution Into Japanese Market
Dec 17, 2015
OTC Disclosure & News Service
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NOHO, Inc. Expands Distribution Into Japanese Market
SCOTTSDALE, AZ--(Marketwired - Dec 17, 2015) - Scottsdale, AZ based company NOHO, Inc. (OTC PINK: DRNK) has signed a distribution contract with Worldwide Group, for exclusive distribution rights in Japan for NOHO's 2 oz. shot "The Hangover Defense," as well as, its NOHO Gold 8.4 oz. "Premium Lifestyle" can.
The agreement with Worldwide Group includes an exclusive 10-year distribution term for the NOHO products, along with, an aggressive guaranteed yearly minimums of purchase by Worldwide Group. NOHO products will be showing up on shelves in Japan as soon as the summer of 2016.
The expansion to the Japanese market seems like a no-brainer based upon the success NOHO has seen in Hong Kong, Macau and Korea. "We are seeing tremendous success with NOHO Gold in Korea. We wanted to further our territory of distribution to include Japan. We have a very strong distribution network in Japan and feel that the NOHO products will be a perfect fit with the Japanese culture," states Worldwide Group's CEO, Scott Kim.
Japanese citizens consume approximately 7.2 liters of alcohol per capita, per year, according to the World Health Organization. The Japanese culture is no stranger to drinking being a part of business meetings and a majority of alcohol consumption consists of "salaried businessmen who claim that [drinking] with clients or coworkers is part of their job and a mark of company loyalty. To refuse a drink from the boss is a terrible insult that can damage a career" (CMAJ, 2002).
NOHO, Inc. CEO, Jay Grdina, is excited about the 10 year, exclusive Japanese distribution deal with Worldwide Group, stating, "We continue to see success in the Asian markets with our NOHO products. Japan will be another great territory for distribution and we should have product on the shelves there in the summer of 2016. Our brand continues to dominate and evolve in its categories."
About NOHO -- Premium and Functional Lifestyle Beverage
NOHO "The Hangover Defense" 2 oz. shot and NOHO "Premium Lifestyle Beverage" Gold 8.4 oz. can, are category leaders, changing how consumers support their active and social lifestyles. The NOHO 2 oz. shot is the #1 selling hangover protection shot on the market that helps you love your body by protecting it from the adverse effects of alcohol. NOHO comes in the form of a two shot combination, one shot to be taken prior to your first alcoholic beverage and one after your last. It is packed with essential nutrients, vitamins, and NO energy components making it just as healthy as it is reliable.
For additional information on NOHO please visit www.nohodrink.com and follow NOHO on www.instagram.com/nohodrink as well as 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 the 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. Press Contact:
Bre Mortenson
Public Relations Mgr.
480.306.7319
pr@nohodrink.com
Copyright © 2015 Marketwired. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
NOHO, Inc. enters into an exclusive distribution agreement with TDG Brands, Inc. for NOHO "The Hangover Defense" 2 oz shots
Oct 30, 2015
OTC Disclosure & News Service
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NOHO, Inc. enters into an exclusive distribution agreement with TDG Brands, Inc. for NOHO "The Hangover Defense" 2 oz shots
PR Newswire
SCOTTSDALE, AZ, Oct. 30, 2015
SCOTTSDALE, AZ, Oct. 30, 2015 /PRNewswire/ - Scottsdale, AZ based beverage company NOHO, Inc. (OTC: DRNK) has entered into an exclusive distribution agreement with TDG Brands, Inc. or Scottsdale, AZ for distribution of NOHO "The Hangover Defense" 2 oz. shots in all flavors.
"TDG Brands services over 48,000 stores in the domestic U.S. and we are more than happy to be included into their bevy of big name brands that they offer and represent. They have really mastered the art of picking brands, placing them into the market, structuring proper sell through programs and creating brand awareness. Our NOHO 2 oz. shot is the perfect compliment for their portfolio and we are confident in TDG's ability to dramatically expand our distribution and retailer base," said Jay Grdina, CEO of NOHO, Inc.
The 5 year exclusive U.S. distribution agreement between NOHO, Inc. and TDG Brands, Inc. guarantees NOHO, Inc. $2,500,000 for the first year of the agreement. NOHO, Inc. will still retain the worldwide rights to distribute its NOHO 2 oz. shot. TDG will be responsible for all slotting and marketing costs of the distributed NOHO products throughout the term of the agreement.
Jerry Dellaportas the VP of Business Development at TDG Brands, Inc. said, "We are extremely excited and privileged to bring NOHO into our sales and distribution network. We look forward to expanding its brand name across the United States market. This partnership will be a big part of our success going into the new year."
About NOHO – Premium and Functional Lifestyle Beverage
NOHO "The Hangover Defense" 2 oz. shot and NOHO "Premium Lifestyle Beverage" Gold 8.4 oz. can, are category leaders,changing how consumers support their active and social lifestyles. The NOHO 2 oz. shot is the #1 selling hangover protection shot on the market that helps you love your body by protecting it from the adverse effects of alcohol. NOHO comes in the form of a two shot combination, one shot to be taken prior to your first alcoholic beverage and one after your last. It is packed with essential nutrients, vitamins, and NO energy components making it just as healthy as it is reliable.
About TDG Brands, Inc.
The TDG Company represents some of the largest blue chip brands in the world. Strategic, capable and connected, TDG has an unparalleled reputation for creating the most innovative, effective and successful brand campaigns across a range of sectors including Food & Beverage, Fashion, Auto, Medical, Sports, Electronics and Entertainment.
The TDG' network boasts more than $1 billion in retail sales, 32,000 product lines and access to over 80% of the world's consumer marketplace via our 40 worldwide network offices of international representatives.
World-class past and current clients within the TDG portfolio include: Jim Beam®, Sauza Tequila®, Canadian Club®, Welch's®, NOHO®, Power Run Energy®, Sanderson Farms®, Smithfield®, Seattle's Best®, Starbucks®, Organic Valley®, Superior Nut & Candy®, Foster Grant®, Costco®, SUPERVALU®, Sam's Club®, Kroger®, Harper Collins®, Penguin & Putnam®, The Jim Henson Company® Fox®, Universal Studios®, Warner Brothers® Disney®, TBS®, American Basketball Association®, NBA®, CBA®, NFL® and MLB®.
For additional information on NOHO please visit www.nohodrink.com and follow NOHO on www.instagram.com/nohodrink as well as atwww.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 the 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. SOURCE NOHO, Inc.
Copyright © 2015 PR Newswire. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
Noho, Inc. Increases Authorized Stock
Oct 26, 2015
OTC Disclosure & News Service
Scottsdale, AZ
This release includes additional documents. Select the link(s) below to view.
10.26.15 Increase in Authorized.pdf
Copyright © 2015 OTC Markets. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
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