NOHO, Inc. (OTCPK:DRNK) signed an asset purchase agreement to acquire 1Tapp from The Weaver Group for $0.01 million on November 28, 2016. As part of consideration, NOHO issued 4.32 million Series B Preferred Stock. The acquisition includes, 1Tapp and all associated applications. The transaction is accomplished using a portion of the newly converted preferred stocks and there will be no dilution to the common shareholders. NOHO, Inc. (OTCPK:DRNK) completed the acquisition of 1Tapp from The Weaver Group on November 30, 2016.