NOHO Inc. (OTCMKTS:DRNK) up 12% in a week after the company announced that it would hold a shareholder call on July 29, 2021, at 11:00 AM PST. Currently, the company is engaged in initial negotiations with a green energy tech firm holding patents in distributed Renewable Energy Platforms segment.
The company is in revenue and is looking for additional capital to create a sales and marketing campaign in exchange for some equity. Notably, the patented tech aims at both urban and farming communities, including off-grid and small-busies applications.
The company also announced that Farber Hass Hurley LLP, Certified Accountants, has been retained to carry PCAOB needed audits of the company’s financial statements from the previous two years. Once the audit firm completes the audit, NOHO will submit necessary filings to SEC to become fully reporting. NOHO also has appointed James D. Staudohar and Booker T Evans to its Board of directors. So in the coming weeks, DRNK is a stock to keep an eye on.
Market Reaction:
On Tuesday, DRNK stock fell 9.50% at $0.0019 with more than 168.37 million shares, compared to its average volume of 128.84 million shares. The stock has moved within a range of $0.0019 – 0.0023 after opening the trade at $0.0022. Over the past 52-week, the stock has been trading within a range of $0.0000 – 0.0100.
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