Replies to post #61478 on Healthier Choices Mgmt Corp (HCMC)

[StayHumble]

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