NoHo Inc (DRNK)

[Toxic Avenger]

DRNK CONVERTS 54 BILLION COMMON SHARES INTO PREFERRED SHARES CONVERTIBLE INTO 54 BILLION COMMON SHARES.

So while the common O/S has changed, the only real change is that now the preferred shares get preferential treatment over the common in liquidation.

"On November 15, 2016, the Company cancelled the 54,000,000,000 common shares issued pursuant to the Share Exchange Agreement dated September 9, 2016 and issued Series B Preferred Stock in place of the 54 billion shares. The Series B Preferred Shares carries the same ratio percentage as the 54 billion did for the Share Exchange Agreement"