Rather than propose a R/S,$HCMC has a 4-point plan
No R/S+$5M Buyback+ $HCWC+ Dividend+Institutional Investors
-A buyback of up to $5,000,000 of $HCMC common stock.
-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.
-Equity capital raises from institutional investors to strengthen and fund both HCMC and NewCo moving forward.
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
-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