SCOTTSDALE, AZ / ACCESSWIRE / December 8, 2016 / NOHO, Inc., a Wyoming corporation (the Company), announced the following:
When the new management of NOHO, Inc. assumed operations in October, the plan was to combine the advertising technology platform and sales operations of the acquired companies under one roof and launch sales beginning in January 2017. The Company has reached these targets.
However, NOHOs drink products did not immediately fit into that plan, as prior sales efforts had failed to secure sales and distribution for the Gold can and the 2oz. NOHO shot. Now things have changed.
"As a result of our experience in merchant services involving setting up credit card processing for online product offers, we were very fortunate to have DIRECT RESPONSE MARKETING agree to create and run a customized, online sales campaign for the NOHO 2oz. shot," said NOHOS CEO, David Mersky.
Direct Response Marketing is a leader in the development and management of online product sales outside of the United States, focusing operations in many of the worlds English speaking countries, such as the U.K., Australia, New Zealand, South Africa, and Singapore.
The Company has 25,000 bottles ready to ship to fulfill initial sales and has additional existing inventory to quickly bottle 250,000 more.
The initial testing to determine the optimum pricing and target demographic for the campaign will take place in the United Kingdom and will launch in January 2017.
Direct Response has a proven track record in designing online offers and generating tens of millions of dollars in sales for products in the health and wellness space and has demonstrated expertise in optimizing online traffic to achieve unparalleled conversions.
Upon successful completion of the initial launch, Direct Response will manage all international sales efforts, which include inbound and outbound telephone sales and customer service and has proposed an exclusive international distribution agreement which will pay NOHO, Inc. for customer acquisition, units sold, as well as a revenue share of ancillary product sales.
In addition, the company has begun making steps to manufacture a new cannabis infused drink product line that would compliment our focus on the marijuana sector.
We would like to confirm that the company is on track to complete both deals with Essential Marketing Systems, LLC, of Scottsdale, Arizona, and ChoiceAdz.com, Inc., operating as BizConnect360.com, of Yorba Linda, California, by December 15, 2016. Both acquisitions will be achieved by using the newly issued preferred shares and there will be no dilution to the existing common shareholders.
ChoiceAdz.com has already done $350,000 in revenue in 2016 and is operating profitably. Its projected revenue for 2017 is well beyond $1,800,000.
In our continuing effort to eliminate all notes outstanding, we had already reduced the balance outstanding by $240,000 on December 1, 2016. As of todays date, an additional $366,792 has been eliminated.
Safe Harbor for Forward-looking Statements:
This news release may contain forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. While these statements are made to convey to the public the companys progress, business opportunities and growth prospects, they are based on managements current beliefs and assumptions as to future events. However, since the companys operations and business prospects are always subject to risk and uncertainties, the forward-looking events and circumstances discussed in this news release might not occur, and actual results could differ materially from those described, anticipated or implied. For a more complete discussion of such risks and uncertainties, please refer to the company's filings with the Securities and Exchange Commission.
Investor/Media Contact:
Phillip Sugarman
Investor Relations Partners
818-280-6800
[email protected]
SOURCE: NOHO, Inc.