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Saturday, July 24, 2021

HCMC (Healthier Choices Management) Heats Up as Q-Cup PMI Patent Infringement Lawsuit Moves Forward (Cozen O’Connor Joint Motion Granted)

Healthier Choices Management Corp (OTC: HCMC) is among the most exciting stocks in small caps representing easily among the highest risk-reward opportunities in the market today as the Company ramps up its patent infringement lawsuit against billion-dollar conglomerate Philip Morris USA, Inc. and Philip Morris Products S.A. A settlement or licensing deal could drive HCMC into a whole new stratosphere with no limit to how high the stock could go. Over the past few months HCMC has made a powerhouse move up the charts topping out at $0.0065. Currently moving up over its $0.0015 base HCMC is under heavy accumulation at current levels and looks significantly oversold. Investors are looking for a return to previous highs and a powerhouse break over the $0.0065-mark signaling another massive leg up and blue-sky breakout. The stock has a massive following of investors that continues to grow every day; on Friday alone HCMC traded 4.9 billion shares and approximately $8 million in dollar volume. Helping liquidity is HCMC management team who successfully eliminated 90% of the convertible debt on the books some time ago. CEO Jeff Holman said at the time: “We believe that this trade, which has saved HCMC and its shareholders approximately $29M of potential dilution, will lead to the re-creation of shareholder value.”    

HCMC patent infringement lawsuit against billion-dollar conglomerate Philip Morris USA, Inc. is moving forward. on March 11 the court granted a joint motion giving HCMC until March 22, 2021 to file its response to PMIs motion to dismiss and the deadline for defendants PMI to file their reply is April 16, 2021. This marks the first time PMI & HCMC have jointly agreed on something and suggest the two Companies may already be in serious discussions behind the scenes. Representing HCMC is Cozen O’Connor ranked among the top 100 law firms in the country and employs more than 775 attorneys in 29 cities across two continents. The firm’s diverse client list includes global Fortune 500 companies, middle-market firms poised for growth, high-profile individuals and HCMC who must have a seriously solid case against PMI with outstanding chances. 

Healthier Choices Management Corp (HCMC) is a U.S. based publicly traded company specializing in providing consumers with healthier alternatives to everyday lifestyle choices. Under its other wholly owned subsidiaries, Healthy Choice Markets and Healthy Choice Markets 2, HCMC owns both Ada’s Natural Market, a 18,000 sq. ft. full-service grocery store serving the Fort Myers, FL, and three (3) Paradise Health & Nutrition locations in the greater Melbourne, FL area. HCMC also operates 8 vape stores across the southeast United States offering smokers an alternative to traditional cigarettes.  Operating regionally, through its Vape Store brands, including The Vape Store, Vapor Max, Vulcan Vape, and The Grab Bag locations, the Company’s Vape Stores provide an endless selection of industry best vaping hardware and e-liquids, giving its consumers a way to get their nicotine without the smoke, tar, ash or carbon monoxide found in traditional cigarettes. On March 5 HCMC announced financial results for the fourth quarter and fiscal year ended December 31, 2020. In Q4 the Company delivered improvement in adjusted EBITDA for fiscal year 2020. Net sales from continued operations for the year ended December 31, 2020 amounted to $13.9 million, compared to $15.1 million during the same period last year.  

HCMC owns a valuable patent portfolio related to both vape technology and also manufacturing processes and procedures for an imitation nicotine product. HCMC’s patented Q-Cup™ technology is based on a small, quartz cup called the Q-Cup™, which a customer can purchase already filled by a third party in some regions, or can partially fill themselves with either cannabis or CBD concentrate (approximately 50mg), also purchased from a third party.  The Q-Cup™ can then be inserted into the patented Q-Unit™, which heats the cup from the outside without coming in direct contact with the solid concentrate.  This Q-Cup™ and Q-Unit™ technology provides significantly more efficiency and an “on the go” solution for consumers who prefer to vape concentrates either medicinally or recreationally.  The Q-Cup™ can also be used in other devices as a convenient micro-dosing system.   

In November 2020 HCMC filed a patent infringement lawsuit against Philip Morris USA, Inc. and Philip Morris Products S.A. in connection with their product known and marketed as “IQOS®.” The lawsuit was filed in the United States District Court for the Northern District of Georgia. The international law firm Cozen O’Connor has been engaged to represent HCMC in this matter. HCMC’s lawsuit includes claims that Phillip Morris is infringing HCMC’s patent rights in connection with IQOS®, an alternative tobacco product marketed and sold by Phillip Morris. Philip Morris claims that it is currently approaching 14 million users of its IQOS® product and has reportedly invested over $3 billion in their smokeless tobacco products. Philip Morris has been very open about their ongoing transition from traditional fully combustible cigarettes to their modified risk tobacco products, including IQOS®. The Philip Morris IQOS® product is currently the subject of two other patent infringement proceedings filed by RJ Reynolds Tobacco Company. One proceeding is before the International Trade Commission and seeks to stop the importation of the IQOS® product into the United States; the other is a patent infringement action currently pending in the Eastern District of Virginia. RJ Reynolds’ patents are unrelated and not affiliated with the patents asserted in the HCMC case.  

https://twitter.com/SlapBoooom/status/1368928154576896008

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In its patent infringement lawsuit against Philip Morris, Cozen O’Connor is representing HCMC; Cozen O’Connor is ranked among the top 100 law firms in the country and employs more than 775 attorneys in 29 cities across two continents. Cozen O’Connor is a full-service firm with nationally recognized practices in litigation, business law, and government relations, and its attorneys have experience operating in all sectors of the economy. The firm’s diverse client list includes global Fortune 500 companies, middle-market firms poised for growth, high-profile individuals and ambitious upstarts like HCMC. Cozen O’Connor has been awarded as the #1 law firm of the year several times, amongst dozens of other awards and would not take on a giant such as Philip Morris unless they knew for sure they have a very strong case and excellent chances. 

Cozen O’Connor has been busy at court on behalf of HCMC; on March 11 the court granted a joint motion giving HCMC until March 22, 2021 to file its response to PMIs motion to dismiss and the deadline for defendants PMI to file their reply is April 16, 2021. This marks the first time PMI & HCMC have jointly agreed on something and suggest the two Companies may already be in serious discussions behind the scenes. Upcoming court events include Rule 26(f) PMI Reply to HCMC’s Opposition, Joint Preliminary Report and Discovery Plan and Infringement Contentions where HCMC will identify (a) Each claim of each patent in suit that is allegedly infringed by each opposing party; (b) Separately for each asserted claim, each accused apparatus, method, composition or other instrumentality (“Accused Instrumentality”) of each accused party of which the claiming party is aware. 

The Company is being led by a powerhouse management team; the CEO Jeffrey Holman is a seasoned executive and corporate lawyer who also serves as President of Jeffrey E. Holman & Associates, P.A., a South Florida Based law firm. Mr. Hofman was also a partner at Holman, Cohen & Valencia. Christopher Santi, HCMC COO and President is sales executive who served as President of Santi Management Corporation before joining the Company. John Ollet the CFO previously served as Executive Vice President-Finance for Systemax, Inc. (NYSE:SYX) North America Technology Division for 10 years. SYX currently trades at $43 per share on the NYSE and does over a billion dollars in annual revenues.  

On March 8, the same day HCMC filed its 10k the Company announced the launch of the Company’s official Twitter page @HealthierCMC. The Company intends to present excellent value offerings directly through its twitter page, and any direct purchases by shareholders are in essence supporting their investment in the Company by adding themselves to our customer base. 

https://twitter.com/uscaninc/status/1370532193693483011

https://twitter.com/benpdtfitz/status/1370154910327656450

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Healthier Choices Management Corp (OTC: HCMC) is among the most exciting stocks in small caps representing easily among the highest risk-reward opportunities in the market today as the Company ramps up its patent infringement lawsuit against billion-dollar conglomerate Philip Morris USA, Inc. and Philip Morris Products S.A. A settlement or licensing deal could drive HCMC into a whole new stratosphere with no limit to how high the stock could go. Over the past few months HCMC has made a powerhouse move up the charts topping out at $0.0065. Currently moving up over its $0.0015 base HCMC is under heavy accumulation at current levels and looks significantly oversold. Investors are looking for a return to previous highs and a powerhouse break over the $0.0065-mark signaling another massive leg up and blue-sky breakout. The stock has a massive following of investors that continues to grow every day; on Friday alone HCMC traded 4.9 billion shares and approximately $8 million in dollar volume. Helping liquidity is HCMC management team who successfully eliminated 90% of the convertible debt on the books some time ago. CEO Jeff Holman said at the time: “We believe that this trade, which has saved HCMC and its shareholders approximately $29M of potential dilution, will lead to the re-creation of shareholder value.”     HCMC patent infringement lawsuit against billion-dollar conglomerate Philip Morris USA, Inc. is moving forward. on March 11 the court granted a joint motion giving HCMC until March 22, 2021 to file its response to PMIs motion to dismiss and the deadline for defendants PMI to file their reply is April 16, 2021. This marks the first time PMI & HCMC have jointly agreed on something and suggest the two Companies may already be in serious discussions behind the scenes. Representing HCMC is Cozen O’Connor ranked among the top 100 law firms in the country and employs more than 775 attorneys in 29 cities across two continents. The firm’s diverse client list includes global Fortune 500 companies, middle-market firms poised for growth, high-profile individuals and HCMC who must have a seriously solid case against PMI with outstanding chances. Microcapdaily first reported on HCMC on January 27 as the stock was moving up in the triple zeroes. We will be updating on HCMC when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with HCMC.

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Disclosure: we hold no position in HCMC either long or short and we have not been compensated for this article.

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