Media360 Licensing, Inc. acquired NOHO, Inc. in a reverse merger transaction.
September 27, 2016
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Media360 Licensing, Inc. entered into a share exchange agreement to acquire NOHO, Inc. (OTCPK:DRNK) in a reverse merger transaction on September 9, 2016. As per the agreement, the shareholders of Media360 exchanged 100% of their shares of common stock of Media360 for 54 billion shares of common stock of NOHO. The business of Media360 shall continue through NOHO. Additionally, NOHO will change its name to "Media360 Licensing, Inc." and will request an OTC symbol change from its current symbol "DRNK" to "MDLC" or to an alternative symbol. On September 9, 2016, Chairman of the Board of NOHO and its majority shareholder, John G. Grdina approved the agreement by shareholder written consent. The Board of Directors of NOHO unanimously approved the transaction.
Media360 Licensing, Inc. completed the acquisition of NOHO, Inc. (OTCPK:DRNK) in a reverse merger transaction on September 28, 2016.
Noho, Inc. operates through its two subsidiaries, Smog Armor Co. and Smog Armor Paint, LLC. Smog Armot Co. develops non-toxic paints to reduce indoor air pollution. The Company offers an alternative to the conventional paintings. Its products are enhanced with a natural mineral that attracts and eliminates air pollution wherever painted, thereby enabling its customers to create a non-toxic, eco-friendly, healthier surroundings and health. The Companyâs Smog Armor Breathe is a non-toxic, Zero-VOC, water-based paint, infused with its mineral, which attracts and neutralizes harmful air pollutants, and VOCS/Airborne chemicals, including carbon dioxide. The Companyâs Smog Armor Air primer interior and exterior eco-friendly, low odor, Zero-VOC is formulated with its enhanced natural minerals that attract and neutralize air pollutants and odors.