NOHO SUES GREENFIELD FARMS AND CEO FOR RESCISSION OF NGEN TECHNOLOGIES TRANSACTION
2017年12月23日 - 10:18AM
InvestorsHub NewsWire
NOHO SUES GREENFIELD FARMS AND CEO FOR RESCISSION OF NGEN
TECHNOLIGIES TRANSACTION
Phoenix, AZ -- December 22, 2017 -- InvestorsHub NewsWire
-- NOHO, Inc. (OTC PINK:
DRNK), a Wyoming corporation (the "Company"), announced
the following:
NOHO, Inc. has filed suit against Greenfield Farms Foods, Inc.
and Ronald Heineman in State Court in California, captioned as Luke
C. Zouvas and NOHO, Inc., Plaintiffs vs. Greenfield Farms Food,
Inc., Ronald Heineman and Does 1-50. click here for a copy of the
action
(or copy and paste the following URL in your browser: https://tinyurl.com/yc6s8j7n )
The action seeks damages for misrepresentation, rescission of
any purported agreements to transfer ownership of the company, as
well as any action not approved directly by NOHO, Inc., as
controlling the majority proxy of the vote of Greenfield Farms as
well as the Company's Board of Directors, pursuant to the Asset
Purchase Agreement of June 7, 2017. Further injunctive relief is
sought to declare all of the announced and intended transactions
with NGEN Technologies to be a nullity and recognize NOHO's control
of the Company.
Luke Zouvas, General Counsel to NOHO, said, "We commenced this
action in state court to give us the best opportunity to obtain
relief for NOHO and the public as quickly as possible. And all
federal securities law will apply. Our position is that Mr.
Heineman's resignation is not effective and the transaction with
NGEN Technologies will not occur. These parties appear to be
colluding to hijack Greenfield Farms when in fact the Company is
49% owned and totally controlled by NOHO. We anticipate naming
additional parties in the near future as information comes to
light."
NOHO, Inc.'s CEO, David Mersky, further provided, "This entire
case shocks the conscience. We have an enforceable agreement that
was not only signed, but announced by Greenfield Farms granting
NOHO control of the Company in its pursuit of the insurance
project. What has transpired is inexplicable and it will not stand.
I want the shareholders of both companies to understand that
management is not interested in the balance sheet of GRAS, but
rather a much greater strategic interest. GRAS is wholly controlled
by NOHO and I am obligated to protect that asset and will continue
to enforce NOHO's rights and pursue value for our
shareholders."
For additional information on NOHO please visit www.nohoshot.com and our full product site at www.imbutek.com and at www.instagram.com/nohodrink, as
well as at www.twitter.com/nohodrink.
Cautionary Note Regarding Forward-Looking Statements.
This press release contains statements that constitute
forward-looking statements within the meaning of Section 27A
of the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. These statements
appear in a number of places in this release and include all
statements that are not statements of historical fact regarding the
intent, belief or current expectations of the Noho, Inc. (the
"Company"), its directors or its officers with respect to, among
other things: (i) financing plans; (ii) trends affecting its
financial condition or results of operations; (iii) growth
strategy and operating strategy. The words "may," "would,"
"will," "expect," "estimate," "can," "believe," "potential"
and similar expressions and variations thereof are intended to
identify forward-looking statements. Investors are cautioned
that any such forward-looking statements are not guarantees
of future performance and involve risks and uncertainties,
many of which are beyond the Company's ability to control, and
actual results may differ materially from those projected in the
forward looking statements as a result of various factors. You
should not place undue reliance on forward-looking statements since
they involve known and unknown risks, uncertainties and other
factors, which are, in some cases, beyond the Company's control and
which could, and likely will, materially affect actual results,
levels of activity, performance or achievements. The Company
assumes no obligation to publicly update or revise these
forward-looking statements for any reason, or to update the reasons
actual results could differ materially from those anticipated in
these forward-looking statements, even if new information becomes
available in the future. Important factors that could cause actual
results to differ materially from the company's expectations
include, but are not limited to, those factors that are disclosed
under the heading "Risk Factors" and elsewhere in documents filed
by the company from time to time with the United States Securities
and Exchange Commission and other regulatory authorities.
Investor/Media Contact:
info@nohodrink.com
# # #
Novation (CE) (USOTC:NOHO)
過去 株価チャート
から 10 2024 まで 11 2024
Novation (CE) (USOTC:NOHO)
過去 株価チャート
から 11 2023 まで 11 2024