NoHo Inc (DRNK)

[Toxic Avenger]

Scottsdale, AZ – March 1, 2015-- On February 16, 2015, NOHO, Inc., a Wyoming corporation (the “Company”), by and through its Board of Directors effectuated an increase in the total number of authorized stock of the Company pursuant to Wyoming Statue § 17-16-1005 and § 17-16-602(a)(i) from 2,250,000,000 to 10,050,000,000 shares consisting of: (i) 10,000,000,000 shares of common stock, par value $0.001 per share (“Common Stock”); and (ii) 50,000,000 shares of preferred stock, par value $0.001 per share (“Preferred Stock”), the preferences, rights and limitations of classes or series of Preferred Stock may be designated from time to time by the Board of Directors.


Convertible promissory note issued to an individual, bearing interest at a rate of 24%, convertible at a rate of $1, unsecured and due on demand. $ 125,000 $ 125,000

Convertible promissory note issued to an individual, bearing interest at a rate of 29%, convertible at a rate of $1, unsecured and currently in default. 100,000 100,000

Convertible promissory note issued to an individual, bearing interest at a rate of 24%, convertible at a rate of $1, unsecured and currently in default. 13,000 13,000

Convertible promissory note issued to an entity, bearing interest at a rate of 8%, convertible at a rate of $1, unsecured and due on demand. 17,500 17,500

Convertible promissory note issued to an entity, bearing interest at a rate of 12%, convertible at a variable rate based on average low trades and a discount of 40%, secured by assets of the Company and maturing on April 23, 2015. 100,000 —

Convertible promissory note issued to an entity, bearing interest at a rate of 8%, convertible at a variable rate based on market price, secured by assets of the Company and maturing on January 14, 2015. 50,000 —

Convertible promissory note issued to an entity, bearing interest at a rate of 8%, convertible at a variable rate based on average low trades and a discount of 40%, secured by assets of the Company and maturing on May 15, 2015. 50,000 —

Convertible promissory note issued to an entity, bearing interest at a rate of 8%, convertible at a variable rate based on average low trades and a discount of 40%, secured by assets of the Company and maturing on March 12, 2015. 150,000 —

Convertible promissory note issued to an entity, bearing interest at a rate of 12%, convertible at a variable rate based on average low trades and a discount of 35%, secured by assets of the Company and maturing on July 14, 2015. 35,000 —

Convertible promissory note issued to an entity, bearing interest at a rate of 8%, convertible at a variable rate based on average low trades and a discount of 35%, secured by assets of the Company and maturing on June 24, 2015. 58,500 —

Convertible promissory note issued to an entity, bearing interest at a rate of 8%, convertible at a variable rate based on average low trades and a discount of 35%, secured by assets of the Company and maturing on September 11, 2015. 63,250 —