Replies to post #389 on NoHo Inc (DRNK)

[Dina]

They started with 70m o/s March 11. Now o/s is 116m. Note was due March 12.
46m shares issued on average low trades and a discount of 40% are not enough to pay a $150k note.
They sold .0011-.0014.
Who do you think has sold from October to January?
There was no note which explains it.

$150,000- 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.

$100,000 - 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 40%, secured by assets of the Company and maturing on April 23, 2015.

In reply to

" Convertibles aren't due for another couple of weeks and it's highly likely they are going to run the price up to convert at higher prices based on the current AS of 760,000,000. "