Updated: Sep 5, 2021
Due Diligence is a two-way street and not limited to positive information about a company. If you issue DD, then later find out it is incorrect or new information supersedes the prior information, you have a responsibility to share that as well.
This is obviously not how we wanted our inaugural issue to go down, but fuck it. You have to do what it is right even when it is uncomfortable. Two sources stepped up and provided additional information that changes the whole prospect for NOHO, Novation Holdings, Inc.
First, Michael Gelmon confirmed that he is in charge and the information on OTC Markets is in fact correct. Second, Jeff Mack who is listed as the CTO on the White Paper, along with Rupert Hoogewerf have both confirmed that they have no involvement with the company or the project.
The White Paper and DragonCloud.pro website appear to be an elaborate hoax. I hope that whoever put this scam together understands that this is a felony and will result in jail time when you are caught.