NOHO Inc. (OTCMKTS:DRNK) Stock Continues to Fall: Down 20% in a Week

NOHO Inc. (OTCMKTS:DRNK) dropped 5% and 20% in a week. The Wyoming company and SIBANNAC Inc. (OTCMKTS:SNNC) have announced the appointment of Eric Manfull as a Director of Operations & Logistics. 

Market Reaction:

On Monday, DRNK stock fell 5% at $0.0010 with more than 47.61 million shares, compared to its average volume of 76.99 million shares. The stock has moved within a range of $0.0009 – 0.0010 after opening the trade at $0.0010.

Major News

Manfull has had an amazing career in designing, establishing, and operating manufacturing facilities for the consumer-packaged products sector. In addition, he has worked in C-level executive roles with various contract manufacturing companies in Phoenix.

Before joining Sibannac, Manfull developed the company‚Äôs manufacturing protocols for the FDA-approved manufacturing facility located in Scottdale. He will immediately oversee manufacturing operations for the companies and manage procurement and logistics for NOHO’s after Shot, currently in production and fulfilled offsite. 

Sibannac and NOHO CEO David Mersky said that Manfull is among the most experienced manufacturing professionals in the dietary supplement sector today.  Besides his regulatory expertise, Manfull is also experienced in the supply chain and will help the company achieve efficiencies as they focus on various demographics and involve different ingredient profiles. With the appointment of the operations and logistics director, DRNK is worth keeping an eye on.

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