NoHo Inc (DRNK)

[Gametime22]

In my opinion the below is extremely relevant. Will the warrants convert in a 1 to 1 share value to Sibabbac shares. Wonder if it will be 1 to 1 in share value. Are we all going to loose money on our shares, but have the option to purchase warrants at a discount.

"The valuation of the acquisition is currently being determined and will be made public once the definitive agreements have been concluded. Sibannac intends to register the warrants so that NOHO shareholders can convert them into freely tradable shares. Sibannac will price the Warrants at a discount to the market at the time of distribution, to the benefit of NOHO shareholders. Any shareholder exercising the warrants must pay Sibannac the cash value of the warrants, which will be recognized as income of the Company."