NoHo, Inc. Announces that its CEO is providing up to $1 Million Interim Funding to Accelerate Growth Initiatives
NoHo Inc. (OTCID: DRNK) announced that its CEO will provide up to $1 million in interim funding to support the company's growth initiatives. The funding will begin with an initial advance of $250,000, which will be allocated to increase investment in AIEnglish (their AI company), provide funding for Smog Armor, and support new acquisitions and working capital needs.
NoHo is developing as a global holding company with diverse interests, including a California-based mine and minority interest in an AI company. The company focuses on eco-friendly technologies, sustainable mining practices, and is expanding into the financial technology sector, targeting investments in revenue and profit-positive companies with proprietary software solutions.
NoHo Inc. (OTCID: DRNK) ha annunciato che il suo amministratore delegato fornir脿 fino a 1 milione di dollari di finanziamento provvisorio per sostenere le iniziative di crescita della societ脿. Il finanziamento partir脿 con un anticipo iniziale di 250.000 dollari, che verranno destinati a incrementare gli investimenti in AIEnglish (la loro societ脿 di intelligenza artificiale), a finanziare Smog Armor e a supportare nuove acquisizioni e le esigenze di capitale circolante.
NoHo si sta sviluppando come holding globale con interessi diversificati, tra cui una miniera con sede in California e una partecipazione di minoranza in una societ脿 di AI. L鈥檃zienda 猫 focalizzata su tecnologie ecocompatibili, pratiche minerarie sostenibili e si sta espandendo nel settore fintech, puntando su investimenti in societ脿 redditizie e positive in termini di ricavi, dotate di soluzioni software proprietarie.
NoHo Inc. (OTCID: DRNK) anunci贸 que su director ejecutivo proporcionar谩 hasta 1 mill贸n de d贸lares en financiaci贸n provisional para respaldar las iniciativas de crecimiento de la compa帽铆a. La financiaci贸n comenzar谩 con un adelanto inicial de 250.000 d贸lares, que se destinar谩n a aumentar la inversi贸n en AIEnglish (su empresa de IA), financiar Smog Armor y apoyar nuevas adquisiciones y las necesidades de capital de trabajo.
NoHo se est谩 desarrollando como una sociedad holding global con intereses diversos, incluida una mina con sede en California y una participaci贸n minoritaria en una empresa de IA. La compa帽铆a se centra en tecnolog铆as ecol贸gicas, pr谩cticas mineras sostenibles y se est谩 expandiendo al sector fintech, orient谩ndose a inversiones en empresas con ingresos y beneficios positivos que cuentan con soluciones de software propietarias.
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NoHo Inc. (OTCID: DRNK) a annonc茅 que son PDG fournira jusqu'脿 1 million de dollars de financement int茅rimaire pour soutenir les initiatives de croissance de la soci茅t茅. Le financement d茅butera par une avance initiale de 250 000 dollars, qui sera allou茅e 脿 l'augmentation des investissements dans AIEnglish (leur soci茅t茅 d'IA), au financement de Smog Armor et au soutien de nouvelles acquisitions ainsi que des besoins en fonds de roulement.
NoHo se d茅veloppe en tant que holding mondiale aux int茅r锚ts diversifi茅s, comprenant une mine bas茅e en Californie et une participation minoritaire dans une soci茅t茅 d'IA. L'entreprise se concentre sur les technologies 茅cologiques, les pratiques d'extraction durables et s'茅tend au secteur de la fintech, visant des investissements dans des soci茅t茅s g茅n茅rant des revenus et des b茅n茅fices positifs disposant de solutions logicielles propri茅taires.
NoHo Inc. (OTCID: DRNK) gab bekannt, dass sein CEO bis zu 1 Million US-Dollar als Zwischenfinanzierung bereitstellen wird, um die Wachstumsinitiativen des Unternehmens zu unterst眉tzen. Die Finanzierung beginnt mit einem anf盲nglichen Vorschuss von 250.000 US-Dollar, die zur Erh枚hung der Investitionen in AIEnglish (ihr KI-Unternehmen), zur Finanzierung von Smog Armor sowie zur Unterst眉tzung neuer 脺bernahmen und des Working Capitals verwendet werden.
NoHo entwickelt sich zu einer globalen Holding mit vielf盲ltigen Interessen, darunter eine Mine in Kalifornien und eine Minderheitsbeteiligung an einem KI-Unternehmen. Das Unternehmen konzentriert sich auf umweltfreundliche Technologien, nachhaltige Bergbaumethoden und expandiert in den Fintech-Sektor, wobei es in ertrags- und gewinnpositive Unternehmen mit propriet盲ren Softwarel枚sungen investieren will.
- CEO demonstrates confidence in company by providing personal funding up to $1 million
- Immediate access to $250,000 initial funding for growth initiatives
- Diversification strategy into AI, mining, and fintech sectors
- Active negotiations for additional lines of credit in progress
- Reliance on CEO personal funding suggests possible difficulties in securing traditional financing
- Multiple diverse focus areas may lead to operational complexity and resource strain
- Company trades on OTC markets, indicating higher risk profile
Noho will receive an initial advance of
Anthony Anish, CEO of Noho stated:聽 "I am delighted that I have been able to arrange a loan that I will use to fund Noho.聽 This interim financing marks the first round of funding to support our vision and plans.聽 I am actively negotiating additional lines of credit and will communicate relevant developments to our shareholders as these negotiations advance.聽 I am excited by the opportunity to bring revenue generating businesses into the Noho portfolio and build sustainable value for our stakeholders. Stay tuned, for further updates as I finalize new transactions."
About NoHo, Inc.
NoHo, Inc. (OTCID: DRNK) is being developed into a global Holding Company with diverse interest, including a
NoHo will continue its commitment to inspire people worldwide to adopt an environmentally conscious lifestyle. Our mission is to drive a global movement that champions sustainable living and eco-friendly practices in everyday life.聽 The products we currently have and are developing will enable us to support our mission.
We believe that in addition to our environmentally conscious products, this approach will responsibly meet the world's mineral needs through innovative, cleaner mining practices that minimize environmental impact while acknowledging the essential role mining plays in modern life.
Additionally, NoHo is expanding its focus into the financial technology sector (Fintech), targeting investments in companies that are revenue and profit positive with proprietary software solutions to support long-term growth.
Safe Harbor and Informational Statement
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and Section 21E of the Securities Exchange Act of 1934, as amended. These statements include, but are not limited to, plans for environmentally friendly initiatives, potential mineral extraction processes, expansion into AI and Fintech.聽 Such statements are based on current expectations and are subject to risks, uncertainties, and assumptions that could cause actual results to differ materially from those expressed or implied. These risks include, but are not limited to, regulatory approvals, technological feasibility, market conditions, the successful issuance of warrants, and other factors detailed in NoHo's filings with the Securities and Exchange Commission. NoHo undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.
The words "may", "would", "will", "expect", "estimate", "anticipate", "believe", "intend", and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statement is not a guarantee of future performance and involve risks and uncertainties, many of which are beyond the company's ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors including the risk disclosed in the company's statements and reports filed with the OTC Markets. The Company claims the safe harbors provided by the Private Securities Litigation Reform Act of 1995 and Section 21E(c) of the Exchange Act for all forward-looking statements.
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SOURCE Noho Inc.
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