Healthier Choices Mgmt Corp (HCMC)

[cheshirechocobo]

IMO people in the inner circle of HCMC know a little more about this than they are letting on but the volume and money is talking. Methinks the HCMC Lawyers are working overtime because if the case was falling through so would the volume... IMO

The big Lawsuit people are talking about is between HCMC vs Phillip Morris for those who are new here and are curious.

I think HCMC is on top of this very much because "intellectual property" is a main part of their platform and if someone else infringed on one of their patents that they conceive / design / develop
they are in the position to take action against that.

https://www.nasdaq.com/press-release/hcmc-announces-formation-of-intellectual-property-holding-subsidiary-2020-12-14)

(Copied - + more there is even more info in the full article - follow the link to read- )

HOLLYWOOD, FL, Dec. 14, 2020 (GLOBE NEWSWIRE) -- Healthier Choices Management Corp. (OTC Pink: HCMC) (“HCMC or the “Company”) announces that it has formed a new wholly owned subsidiary to hold, market and expand on its intellectual property assets. This subsidiary, HCMC Intellectual Property Holdings, LLC, will own all of the patents, trademarks and other intellectual property of HCMC.

HCMC currently owns a portfolio of patents related to both vape technology and also manufacturing processes and procedures for an imitation nicotine product. HCMC’s focus with this new subsidiary is to invest in innovation and encourage further development of core intellectual property.

“The creation of a separate intellectual property holding entity allows us to efficiently market, license and otherwise capitalize on our growing intellectual property portfolio,” said Jeff Holman, CEO of HCMC.

Mr. Holman concluded, “We feel that we can use HCMC Intellectual Property Holdings to further implement our strategic plan and better capture opportunities to monetize both technology that HCMC has already developed over the years, as well as technology that we will continue to develop into the future.”


https://www.nasdaq.com/press-release/hcmc-announces-formation-of-intellectual-property-holding-subsidiary-2020-12-14


HCMC is BIG on their patents and intellectual property. If someone steals your intellectual property or develops something you already patented then you can then legally sue them...by doing this you can in theory make more money suing someone for copyright infringement on intellectual property than you can on the infringed product in question At that point you don't even have to develop the initial idea to make money.

AND THEN After the settlement from a victorious case...

You can then use the money from the lawsuit to develop your business / product. lololol (that makes me smile)

IMO as always but this is what I see

thoughts?