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$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
$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
Full Year Sales $29.3Million|Gross Profit $10.2Million|Q4 Sales $12.3Million, Up 285%|Gross Profit of $4.0M Up 321%> Q4 2021
Jeff.H.CEO "We added $16M in revenue,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."
Full Year Sales $29.3Million|Gross Profit $10.2Million
4th Quarter Sales of $12.3 Million, Up 285%|Gross Profit of $4.0M Up 321%> Q4 2021
Fiscal Year End 2022 Results and Recent Highlights:
-Net sales from operations for the 12-month period ended 12/31/22, amounted to a record $29.3 million, compared to $13.3 million,
an approx. $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 12-month period ended 12/31/22, 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 12-month period ended 12/31/22, 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 12-month period ended 12/31/22.
The balance of the prior year variance is primarily attributable to the closure of the retail stores in the vapor segment.”
https://www.healthiercmc.com/news/20230403-q4-2022-result
$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
$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
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
ld micro main event xv - oct 2022
Healthy Choice Markets
Healthy Choice Wellness Center
Intellectual Property
The Vitamin Store
Source: https://tinyurl.com/HCMC2023
[/quote]
$HCMCs amended complaint, presents an Even Stronger Case Favoring $HCMC".
These specific, targeted allegations are sufficient to disavow
the contradictory statements in the attached MRTPA in which
Philip Morris Self-Reported that its products do not combust.
"Less Combustion = No Combustion" (based on Nonsense)
We thus hold that, in its original complaint,$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
Jeff. H.CEO,"We added $16M in revenue,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."
Full Year Sales $29.3Million|Gross Profit $10.2Million
4th Quarter Sales of $12.3 Million, Up 285%|Gross Profit of $4.0M Up 321%> Q4 2021
Fiscal Year End 2022 Results and Recent Highlights:
-Net sales from operations for the 12-month period ended 12/31/22, amounted to a record $29.3 million, compared to $13.3 million,
an approx. $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 12-month period ended 12/31/22, 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 12-month period ended 12/31/22, 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 12-month period ended 12/31/22.
The balance of the prior year variance is primarily attributable to the closure of the retail stores in the vapor segment.”
https://www.healthiercmc.com/news/20230403-q4-2022-result
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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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