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Replies to post #60977 on Healthier Choices Mgmt Corp (HCMC)
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$PM annotatedNewly Mintedmockup figuresof Hammel in self-serving way to show features that are not shown or discussed in Hammel itself."
$PM recognized Hammel’s disclosure was lacking
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w0wSEC🔥charges🎅🏿&👽w/ArtificiallyDeflatingSharePricestoBuy Shares at a cheaper price
6, 12, 2023 —
SEC charged investment adviser Sabby Management LLC & managing partner,Hal D. Mintz,w/ fraud in connection w/ a long running scheme involving misrepresentations & violations of rules for short selling & order making, + other violative trading, that generated $2M + in illegal profits.
From at least March 2017-May 2019 Sabby|Mintz repeatedly circumvented trading rules to conduct unlawful trades in the stock of 10 PUBLIC COMPANIES. Sabby |Mintz engaged in illegal “naked short selling” by intentionally|improperly placing short sales when they knew or were reckless in not knowing that they had not borrowed or located the shares, & then failed to make timely delivery of the shares. The purpose was to earn profits they could not have gained by legal trading.
https://www.sec.gov/news/press-release/2023-107
OTC MARKET $HCMC $DBMM $GTII + Related
03/13/24 8:19 AM
03/14/24 11:27 AM
03/16/24 7:32 AM
No R/S +$5M Buyback+$HCWC+Dividend+InstitutionalInvestors
-A buyback of up to $5,000,000 of $HCMC common stock.
-A spinoff of certain HCMC assets into a new publicly traded company (hereinafter referred to as “NewCo” until a name is announced).
-A stock dividend to HCMC shareholders of the stock in NewCo, on a to be determined record date, of 100% of the initially issued shares in the new public company, subject to certain dividend conditions.
-Equity capital raises from institutional investors to strengthen and fund both HCMC and NewCo moving forward.
Rather than propose a R/S,$HCMC has a 4-point plan
Source: https://www.healthiercmc.com/news/082222-four-point-plan
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
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