NoHo Inc (DRNK)

[mr_freemoney]

How about some logic?

1. CEO puts his own holdings in to buy the coveted brand (to avoid diluting shareholders) repositioning to get into Delta 8, the fastest growing segment of hemp products in the industry, where sales are exploding, if you ask anyone in the industry.

2. Deal with Sibannac announced, where:
Sibannac will issue up to $2.8 Million Dollars of Sibannac warrants at a strike price to be determined. Sibannac will register the warrants and issue the same to NOHO in the transaction.

3. NOHO will issue the warrants to the shareholders as a dividend.

4. Company clearly states "No reverse split will occur in the transaction"

5. Company says news tomorrow, updates on financials and filings.
Market believes Company, loves it and stock jumps higher!

6. Company says filings to get current will happen in about 2 weeks.
Market doesn't believe Company, hates it and sends stock lower.

Irrational market is creating opportunities for those using logic...

I don't know about you, but I trust a CEO who puts his own money into a strategic purchase to avoid diluting shareholders. Maybe that's just me. DRNK UP!