NoHo Inc (DRNK)

[MIKEY501]

*** DRNK NEWS OUT 3-3-2017 ***

Phoenix, AZ -- March 3, 2017 -- InvestorsHub NewsWire

On March 3, 2017, NOHO, Inc. (OTC:DRNK), a Wyoming corporation (the "Company") announced the following:

The Company is releasing a summary of the shareholder list as of March 2, 2017 to resolve any confusion there may be with the investing public. As previously reported, the 54 billion shares of common stock exchanged by NOHO in the share exchange agreement with Media360 Licensing, Inc. on September 9, 2016, were retired and reissued as Series B Preferred Shares on a ratio basis consistent with the share exchange agreement. The issued 21,600,000 Series B Preferred Shares are not tradable and represent the control block of the Company.

Further, pursuant to the Spin-Off Agreement with Purple Investment Group, Inc. dated September 9, 2016, the 2,500,000,000 shares belonging to Dolce B Investments were transferred to NOHO as collateral and an initial 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. As previously reported those shares were canceled.


Attached to this Release is a summary from the Companys new transfer agent, Interwest Transfer Company, Inc. As of March 2, 2017, there are 5,290,162,415 common shares issued and outstanding. Out of the 5,290,162,415 common shares, 4,885,154,206 are free trading. There are no other common shares that exist. The preferred shares are not tradable stock and represent the control block of the company.

See Transfer Agent Share Summary Here - http://investorshub.advfn.com/uimage/uploads/2017/3/2/maufwNOHO_SHARE_STRUCTURE.jpg

About NOHO, Inc.

The Shot

We have re-launched the Companys flagship 2OZ shot through our new sales site at www.nohoshot.com. We have done significant beta testing over the last two months through social media marketing to identify and optimize our target audience and have initiated a behavioral retargeting campaign to prospective customers who have visited our site. We intend to pursue a full rollout of this campaign through our recent acquisition, Choice Adz, in order to maximize sell through on monthly deliveries direct to the consumer.

The Company is negotiating a master distribution agreement with a large, Phoenix based manufacturer to expand the NOHO Shot in the retail market throughout the United States. This is a fully integrated solution that provides unparalleled efficiencies and logistics by offering a manufacturing solution, warehousing and sales force, with sales and distribution to hundreds of existing retailers around the country. In addition, the distributor has indicated it will introduce NOHO to its relationships in the convenience store vertical as well as big box stores, when the appropriate sales and production volumes warrant.



Sales Center

The Company is currently selling its 1Tapp mobile application in our Phoenix offices. We are entering agreements to test a number of inbound lead acquisition models and we have brought on financing and leasing products to package with the small business App. Our initial marketing research since the launch in January has focused our sales efforts on a select group of verticals we will be targeting within the next week.

We will be offering the Easy Pay program, which is a state of the art consumer financing solution, allowing small business owner to offer customers an instant approval third-party loan to finance their larger ticket purchases. The Company will charge enrollment fees as well as monthly fees to host clients mobile Apps. In addition, the Company will be paid fees based on the volume of loans placed through our business clients.



Through these solutions, we are vastly increasing the number of daily sales opportunities and will now only have salespeople in-house taking qualified, inbound referrals. We will be integrating the mobile App with the financing solution and have also secured a leasing company that will enable our sales team to offer our client base our higher priced digital marketing products on a cost effective, monthly leasing option. Typical leasing clients will enter 36 month leases for our equipment and servicing. The Company will be paid in advance for the entire term of the lease.



Choice Adz

Since the acquisition, Choice Adz has negotiated agreements with seven independent sales organizations, comprising a total of 3,000 face-to-face salespeople. These groups will be selling the family of products offered by Choice Adz, BizConnet360 and 1Tapp. The goal is to establish additional agreements to grow the independent sales force to 10,000 by end of the year.



Audit

As previously announced, the Company is presently auditing the financials of the Company and intends to file a registration statement with the Securities and Exchange Commission to become reporting under the 1934 Exchange Act upon completion.



For additional information on NOHO please visit www.nohodrink.com and our full product site at www.imbutek.com.