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No infringement case, due to our patent was already tested cooler than PM
The attorneys fees awarded to PM is also canceled.
HCMC
0,0001
New Sec Filing Detected: 8-K
Filing URL: Filing (https://www.otcmarkets.com/filing/html?id=16560882&guid=k0m-keMlG3GWJth) | Details: HCMC (http://stock-scan.io/symbol/HCMC)
Chugga chugga chooo chooo, all aboard. Grab your tickets…. $HCMC
Maybe they gonna squeeze it as amc goes. Dejavu?
Buys are up by a factor of 10 this morning.
Something about to happen?
Will we see .0003 or .0004?
Heres the part you and Humble just can't seem to grasp. "ALL" means "ALL" means all of the assets from HCMC go into the NEW COMPANY. All of the physical assets including the online businesses. My 12,000,000 shares of those assets has now become 169 shares of those assets. When the NEW INSTITUTIONAL investors bring their $32,000,000 million dollars into the new company, they will now own the majority of the value of the transferred assets they get as a part of the deal.
Holman never told you how many shares this new company will start off with?????
That can be another big dilution issue right up front. We only know the share price to be approximately $10.00 ea. HCMC now has no physical assets. If they lose the patent lawsuit, they become a empty shell. NO MORE PHYSICAL ASSETS and my 12,000,000 HCMC shares evaporate and so does everyone elses.
That's the reason I came back...I made money also 2 years ago...but now I'm back because as the world turns and changes, newer big businesses will bring back the food that people need without the junk...at least, that's what I'm hoping for...HCMC just may be part of that future...I look for companies that can or might lead to a better future than the one we have now...we'll see as we move forward...Cheers!
$HCMC
This is directly from the announcement!!
Not a RS. Not "screwing over" shareholders...
"The HCWC common stock will be distributed to qualifying HCMC shareholders without forfeiting or exchanging any of their existing HCMC common stock. The HCWC shares will automatically be transferred into the same accounts where the shareholder has their HCMC common stock on the record date."
lol sorry but it’s going nowhere! As long as Holman is running things, all he’s going to do is keep taking the $$$ you keep giving him! And there will continue to be 6B on the ask for months…years!!
WOOOOHOOO $HCMC bout to BLAST OFF!
$HCMCs amended complaint, presents an Even Stronger Case in Favor of $HCMC".
These specific, targeted allegations are sufficient to disavow
the contradictory statements in the attached MRTPA in which Philip Morris Self-Reported that its products do not combust.
"Less Combustion = No Combustion" (based on Nonsense)
We thus hold that, in its original complaint,$HCMC stated a valid claim for patent infringement
under Eleventh Circuit law notwithstanding attachment of the
MRTPA exhibit. II
We now turn to HCM’s amended complaint, which presents an even stronger case in favor of HCM.
https://static1.squarespace.com/static/58a1d7b8893fc0b6d3e47931/t/6436df8d94fa09523deadf45/1681317773824/2023-04-12_HCMC_v_PM_Appellate_Decision.pdf
Only because Cozen messed up on the way it was worded.. It was disallowed but they were given another chance to get it cleaned up. PM tried to stop them from resubmitting the patent with the necessary changes and the court ruled against PM on both issues. HCMC does not have to pay PM"s legal expenses either. So HCMC is back in the game. Hope Cozen does it right this time.
Didn’t the patent office rule against them on the validity of the patent?
Wondered if HCMC has a patent infringement case?
Wow, I sold at .0065 - $140K a while back and they're back again?! I wondered if it's a good time to get back in???
Could this be a shot in the arm for all the patient shareholders?
You need to explain these numbers. They make no sense at all. At least it was a pleasant dream.
Before they continue the lawsuit, they need to have the original judge removed for possible bias, being a long time former PM shareholder. He should recuse himself.
WE ARE HOPING****** FAVORABLY UNFOLDING FOR OPTIMUM UPLIFTMENT FOR SHAREHOLDERS
Good news that $HCMC won! If it is officially RS, but they were at over $5M PS. If they run back to $1M to $5M PS, we will be a billionaire from our 250 to 450 shares after RS.
FOR EVERY 71,000 SHARES OF HCMC , YOU GET 1 SHARE OF HCWC. 1000000 SHARES OF HCMC, YOU GET 1000000/71,000 PLUS 1M OF ALREADY OWED HCMC.
WHICH WILL BECOME *****1000014 OF HCWC.
OPEN TO FURTHER CORRECTION AND INDEBT KNOWLEDGE.
HEALTHIER CHOICES MANAGEMENT CORP. ANNOUNCES SUCCESS IN ITS APPEALS OF THE RULINGS IN PATENT INFRINGEMENT ACTION AGAINST PHILIP MORRIS
HOLLYWOOD, FL, April 12, 2023 (GLOBE NEWSWIRE) -- Healthier Choices Management Corp. (OTC Pink: HCMC) announced today that the U.S. Court of Appeals for the Federal Circuit ruled in favor of HCMC on two separate appeals it had filed in its patent infringement action against Philip Morris USA, Inc. and Philip Morris Products S.A. pending in the district court for the Northern District of Georgia.
In the first appeal, HCMC appealed the ruling of the District Court dismissing HCMC’s patent infringement action and denying HCMC’s motion to amend its pleading. In the second appeal, HCMC appealed the District Court’s award of attorneys’ fees to Philip Morris. In its decisions today, the Federal Circuit ruled for HCMC by reversing both of those decisions and remanded the case back to the District Court for further proceedings.
Jeff Holman, CEO of HCMC, had this to say, “We are gratified to have won our appeals and now have the opportunity to resume pursuing our infringement claims in the District Court against Philip Morris for its IQOS device.”
Mr. Holman concluded, “For the sake of clarity, the Appellate Court’s decisions both reinstate our infringement claim and also cancels the attorneys’ fees award previously granted to Philip Morris in this case. We are looking forward to having our day in court.”
The case is Healthier Choices Management Corp., v. Philip Morris USA, Inc., Philip Morris Products S.A., case no. 2022-1268. The full opinion of the U.S. Court of Appeals for the Federal Circuit can be found on HCMC’s website at https://www.healthiercmc.com/s/2023-04-12_HCMC_v_PM_Appellate_Decision.pdf
About Healthier Choices Management Corp.
Healthier Choices Management Corp. (www.hcmc1.com) is a holding company focused on providing consumers with healthier daily choices with respect to nutrition and other lifestyle alternatives.
Through its wholly owned subsidiary HCMC Intellectual Property Holdings, LLC, the Company manages and intends to expand its intellectual property portfolio.
Through its wholly owned subsidiaries, the Company operates:
Ada’s Natural Market, a natural and organic grocery store offering fresh produce, bulk foods, vitamins, and supplements, packaged groceries, meat and seafood, deli, baked goods, dairy products, frozen foods, health & beauty products and natural household items (www.Adasmarket.com)
Paradise Health & Nutrition’s three stores that likewise offer fresh produce, bulk foods, vitamins and supplements, packaged groceries, meat and seafood, deli, baked goods, dairy products, frozen foods, health & beauty products and natural household items, (www.ParadiseHealthDirect.com)
Mother Earth’s Storehouse, a two-store organic and health food and vitamin chain in New York’s Hudson Valley, has been in existence for over 40 years. (www.MotherEarthStorehouse.com)
Greens Natural Foods’ eight stores in New York and New Jersey, offering a selection of 100% organic produce and all-natural, non-GMO groceries & bulk foods; a wide selection of local products; an organic juice and smoothie bar; a fresh foods department, which offers fresh and healthy “grab & go” foods; a full selection of vitamins & supplements; as well as health and beauty products (www.greensnaturalfoods.com)
Through its wholly owned subsidiary, Healthy Choice Wellness, LLC, the Company operates:
Licensing agreements for Healthy Choice Wellness Centers located at the Casbah Spa and Salon in Fort Lauderdale, FL, Boston Direct Health in Boston, MA and Green Care Medical Services in Chicago, IL.
These centers offer multiple vitamin drip mixes and intramuscular shots for clients to choose from that are designed to help boost immunity, fight fatigue and stress, reduce inflammation, enhance weight loss, and efficiently deliver antioxidants and anti-aging mixes. Additionally, there are IV vitamin mixes and shots for health, beauty, and re-hydration.(www.HealthyChoiceWellness.com)
Through its wholly owned subsidiary, Healthy U Wholesale, the Company sells vitamins and supplements, as well as health, beauty, and personal care products on its website www.TheVitaminStore.com.
Additionally, the Company markets its patented Q-Unit™ and Q-Cup® technology. Information on these products and the technology is available on the Company’s website at www.theQcup.com.
Forward Looking Statements.
This press release contains forward-looking statements within the meaning of that term in the Private Securities Litigation Reform Act of 1995 (Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934). Additional written or oral forward-looking statements may be made by the Company from time to time in filings with the Securities and Exchange Commission (SEC) or otherwise. Statements contained in this press release that are not historical facts are forward looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, and are based on management’s estimates, assumptions and projections and are not guarantees of future performance. The Company assumes no obligation to update these statements. Forward looking statements may include, but are not limited to, projections or estimates of revenue, income, or loss, exit costs, cash flow needs and capital expenditures, statements regarding future operations, expansion or restructuring plans, including our recent exit from, and winding down of our wholesale distribution operations. In addition, when used in this release, the words “anticipates,” “believes,” “estimates,” “expects,” “intends,” and “plans” and variations thereof and similar expressions are intended to identify forward looking statements.
Factors that may affect our future results of operations and financial condition include, but are not limited to, fluctuations in demand for our products, the introduction of new products, our ability to maintain customer and strategic business relationships, the impact of competitive products and pricing, growth in targeted markets, the adequacy of our liquidity and financial strength to support its growth, and other information that may be detailed from time-to-time in our filings with the SEC.
Contact Information:
Healthier Choices Management Corp.
3800 North 28TH Way, #1 Hollywood, FL 33020
305-600-5004
Email: ir@hcmc1.com
https://www.globenewswire.com/newsroom/ti?nf=ODgwNjcyOCM1NTIzMjk5IzUwMDAyODY0MQ==
https://ml.globenewswire.com/media/NDAzYWY3YjEtMjE2OS00NDRiLThlMjItMDE0NjczYzE4ODE3LTUwMDAyODY0MQ==/tiny/Healthier-Choices-Management-C.png
Source: Healthier Choices Management Corp
© 2023 GlobeNewswire, Inc.
HCMC
News: HEALTHIER CHOICES MANAGEMENT CORP. ANNOUNCES SUCCESS IN ITS APPEALS OF THE RULINGS IN PATENT INFRINGEMENT ACTION AGAINST PHILIP MORRIS
News Link (https://www.otcmarkets.com/stock/HCMC/news/story?e&id=2496355)
Details: HCMC (https://www.otcmarkets.com/stock/HCMC/overview) | Twitter Search (https://twitter.com/search?q=$HCMC&src=typed_query)
Not what they want to call it. it is the effect that matters.
ACTIONS ALWAYS SPEAK LOUDER THAN WORDS
Anyway, you had your laugh ( No charge ) I had mine. touche
I am good at math. Sometimes company plays a game with our mind about RS. Maybe they never mean RS or cancel RS or etc.
On you brother
Forget about the semantics of what Holman is calling it. I just thoroughly explained it to you using my own real world shares and money amount. Buy a calculator and do the numbers yourself, then maybe you will understand.
All of the assets of HCMC will be transferred into the new company. What will HCMC be worth after that transfer. DUH.
I am not sure 71,000 to 1. I did not see he said word Revere Split. If he says 1 to 71,000 that means RS. But he said 71,000 to 1 that sounds like different something. I know Forward Split sounds like 71,000 to 1 but he did not say RS or FS. We need to understand spin off. I never experience with spin off.
He convinced investors to buy more shares at .0045 ( Special Offer ) and you immediately lost 450 % of your money. He didn't use his money to pay Cozen, he used yours and mine. Instead for his failures he rewarded himself an additional $500,000 salary added to his already $500,000 for being a failure CEO along with the rest of his merry thieves.
Humble prasises this scumbag everyday, so I guess you should too.
We will not benefit. You just got reversed split and he is trying to make it look like a gift.
Lipstick on a pig is more like it. Holman and his band of thieves sold all their HCMC stock so what is left of the company??? ( zero )
My 12 million shares just became 169 shares. of the new company or $1,690.00
Since I invested $15,000.00 That's my gift. and yours too.
Lately the trades data demonstrates nothing but a dump fest.
All we need now is for HCMC to BUYBACK... $5,000,000 but at what pricing?
What the rules for a Buyback meaing
At 0.0001 it would only be 50 billion
I would love it to be at 0.00001 or 0.00005
Shares Outstanding. 346.34 B
$HCMC: So we will keep our shares of $HCMC "PLUS" those of NewCo? How will this change benefit HCMC shareholders?
Well, That eats up a lot of my 10M shares.
At present, "we anticipate the ratio being approximately 71,000 to 1, meaning, for every 71,000 shares of HCMC common stock owned, a shareholder will receive 1 share of HCWC common stock."
Are these numbers even close to what the original news of "Divi" was?
Healthier Choices Management Corp. Reports Fourth Quarter 2022 Financial Results and Full Year Fiscal 2022 Results
4/3/23 8:30 AM ET (GlobeNewswire)Print
Healthier Choices Management Corp. Reports Fourth Quarter 2022 Financial Results and Full Year Fiscal 2022 ResultsGlobeNewswireApril 03, 2023
-Fourth Quarter Sales of $12.3 Million, Up 285%, and Gross Profit of $4.0M Up 321%, over Q4 2021
-Full Year Sales of $29.3 Million, Up 120%, andGross Profit of $10.2 Million Up 93%; over 2021
HOLLYWOOD, FL, April 03, 2023 (GLOBE NEWSWIRE) -- Healthier Choices Management Corp. (OTC Pink: HCMC) today announced financial results for the fourth quarter and the twelve-months ended December 31, 2022.
Fourth Quarter 2022Results and Recent Highlights:
Net sales from operations for the three-month period ended December 31, 2022, amounted to $12.3 million, compared to $3.2 million, an approximately $9.1 million and 285% increase versus the same period in 2021.
Gross Profit from Operations increased by approximately $3.1 million for the three-month period ended December 31, 2022, amounting to $4.0 million, compared to $1.0 million for the same period in 2021, a 321% year-over-year increase.
Net Loss from Continuing Operations for the three-month period ended December 31, 2022, amounted to approximately $2.3 million versus a $2.5 million loss for the same period last year, a 6% improvement. It should be noted that over $1.1 million in non-recurring expenses were incurred during the three-month period ended December 31, 2022.
Fiscal Year End 2022Results and Recent Highlights
Net sales from operations for the twelve-month period ended December 31, 2022, amounted to a record $29.3 million, compared to $13.3 million, an approximately $16.0 million increase and a record 120% increase versus the same period in 2021.
Gross Profit from Operations increased by approximately $4.9 million for the twelve-month period ended December 31, 2022, amounting to a record $10.2 million, compared to $5.3 million for the same period in 2021, a 93% year-over-year increase.
Net Loss from Continuing Operations for the twelve-month period ended December 31, 2022, amounted to approximately $7.2 million versus a $4.0 million loss for the same period last year, a 79% deterioration in profitability. It should be noted that over $3.0 million in non-recurring charges were incurred during the twelve-month period ended December 31, 2022. The balance of the prior year variance is primarily attributable to the closure of the retail stores in the vapor segment.
Jeffrey Holman, Chief Executive Officer of HCMC, said, "2022 was an outstanding year for Healthier Choices Management Corp. as we executed against our expansion strategy and delivered a record financial performance for total revenue, as well as gross margin. For the full year, we added $16 million in revenue, resulting in a 120% increase in net sales. Gross profit improved 93% resulting in roughly a $5 million increase."
Mr. Holman concluded, "As we enter 2023, we believe we have a strong game plan and a clear vision for our team to execute on. We are well-positioned to take advantage of investment opportunities across our business lines in 2023, with strong liquidity levels. The team remains disciplined in our cost management, while enhancing our ability to deliver exceptional results for our shareholders."
Results of Operations
The following table sets forth our Condensed Consolidated Statements of Operations for the three and twelve-months ended December 31, 2022 and 2021:
HEALTHIER CHOICES MANAGEMENT CORP.CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
Three Months EndedTwelve Months EndedDecember 31,December 31,2022202120222021Total sales, net$12,309,659$3,198,701$29,267,003$13,319,854Total cost of sales8,256,0052,236,90219,042,7858,027,300GROSS PROFIT4,053,654961,80010,224,2185,292,554Total operating expenses7,720,7883,433,82518,877,30210,033,048LOSS FROM OPERATIONS(3,667,134)(2,472,026)(8,653,084)(4,740,494)Total other income (expense), net1,332,3821,0411,435,473703,035NET LOSS FROM CONTINUING OPERATIONS$(2,334,752)$(2,470,985)$(7,217,611)$(4,037,459)
NEWS OUT!
HEALTHIER CHOICES MANAGEMENT CORP. ANNOUNCES THE RECORD DATE TO BE ELIGIBLE FOR DIVIDEND OF SHARES IN SPIN-OFF OF NATURAL FOODS GROCERY AND WELLNESS BUSINESS
Today 8:30 AM ET (GlobeNewswire)
Post the real numbers humble.
Rather than propose a R/S,$HCMC has a 4-point plan that includes the following:
A buyback of up to $5,000,000 of HCMC common stock. AT WHAT PRICE PER SHARE, WHICH IS THE MOST IMPORTANT FACT>
A spinoff of certain HCMC assets into a new publicly traded company (hereinafter referred to as “NewCo” until a name is announced).
A stock dividend to HCMC shareholders of the stock in NewCo, on a to be determined record date, of 100% of the initially issued shares in the new public company, subject to certain dividend conditions. THE RECORD DATE WAS SUPPOSED TO BE THE DATE OF THE OFFERING. THAT IS A MAJOR FACTOR.
Equity capital raises from institutional investors to strengthen and fund both HCMC and NewCo moving forward. WHAT HAPPENS TO THE 27 MILLION RAISED DURING THE OFFERING? ALL VERY IMPORTANT VALUE ISSUES.
WE NEED THE REAL NUMBERS HUMBLE. YOU KEEP POSTING VAGUE INFORMATION
WITH NO VALUE ATTACHED TO IT.
Will our divi stock be restricted?
Been thru several of these over the past few decades. If they put a 6 month restriction on our shares, by the time I want to sell them, they will be worth less than the original spin off.
Ok. Thanks. Sorry I’ll have to read it again to better understand.
I guess the thing that is throwing me is that we will get the dividend in New Co stock at 1/10th the value of $hcmc stock, but if $HCMC goes to the grey sheets, as someone suggested, my original shares will most likely be worthless, leaving me with one tenth of my original value overall.
I’m admitting that I need to re-read the offering so if I’m way off base, I apologize. Also, I can’t recall the price per share when the offer was made.
No it’s a dividend. You keep all hcmc shares.
For every TEN DOLLARS worth of hcmc you own, you get 1 share of new co
So this is essentially a 10:1 reverse split. With a new ticker
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Healthy Choice Wellness Center
The Vitamin Store
On 7/7/23 $HCMC entered a Vape licensing agreement for 1 of its patents in the vape segment.
$HCMC as the licensor, grants to licensee during the term a non-exclusive right and license under the Licensed Patents to make, use, offer to sell, sell,and
import licensed products in the territory of the United States of America.
The licensee will pay to the licens or a royalty based on net sales of all licensed products in the territory during the term of the agreement. Either party can cancel the agreement with 60-
days written notice. https://dd7pmep5szm19.cloudfront.net/2501/0000844856-23-000028.pdf
Healthier Choices Management Corp. v. Philip Morris Products S.A.
Appellant: HEALTHIER CHOICES MANAGEMENT CORP.
Appellee: PHILIP MORRIS PRODUCTS S.A. and PHILIP MORRIS USA, INC.
Case Number: 23-1529
Filed: February 22, 2023
Court: U.S. Court of Appeals, Federal Circuit
Source: https://dockets.justia.com/docket/circuit-courts/cafc/23-1529
NewCo: Major US Exchange|Comprised of $HCMC assets including:
-14 brick and mortar Natural & Organic health food stores,-Online vitamin store
-3 wellness centers
-Approximately $3M of HCMC cash reserves
-NewCo has commitments from institutional investors for $13.25M upon listing
-Annual revenue is projected to be approximately $60M based on current stores
-NewCo expects to be cash flow positive upon listing
Source: https://tinyurl.com/HCMC2023
On 7/7/23 $HCMC entered a Vape licensing agreement for 1 of its patents in the vape segment.
$HCMC as the licensor, grants to licensee during the term a non-exclusive right and license under the Licensed Patents to make, use, offer to sell, sell,and
import licensed products in the territory of the United States of America.
The licensee will pay to the licens or a royalty based on net sales of all licensed products in the territory during the term of the agreement. Either party can cancel the agreement with 60-
days written notice. https://dd7pmep5szm19.cloudfront.net/2501/0000844856-23-000028.pdf
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