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
6-12-2023 SEC charged investment adviser Sabby Mgmt LLC+ Mgmt. partner,Hal D.Mintz w/ fraud in connection w/a long running scheme involving misrepresentations & violations of short selling rules & order making, + other violative trading, that generated $2M +in illegal profits
Sabby|Mintz repeatedly circumvented trading rules Conducted unlawful trades in Stocks of 10 COMPANIES. Sabby |Mintz engaged in illegal “naked short selling” by intentionally|Recklessly placing short sales where, they had not borrowed or located the shares & then failed to make timely delivery of the shares. https://www.sec.gov/news/press-release/2023-107