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Monday, October 25, 2021

Healthier Choices Management Corp. (OTCMKTS: HCMC) Northbound After Filing Amended Complaint Stating IQOS system Initiates a Combustion Reaction

Healthier Choices Management Corp. (OTCMKTS: HCMC) is moving northbound with power after the Company filed an amended complaint on Friday that goes a long way towards proving the IQOS device combusts. HCMC is easily among the most exciting stocks in small caps that has emerged in recent months as one of the most talked about and searched for stocks in the OTC with over 400,000 shareholders of record. Currently under heavy accumulation HCMC has been attracting some pretty heavy hitters and traded over 4 billion shares on Monday alone representing about $4.3 million in dollar volume. Anticipation is sky high as HCM makes its case that PMIs IQOS device absolutely does in fact combust. HCMC is looking to blaze a path into a whole new dimension with recent highs of $0.0065 the stock has a significant gap to fill from current levels. A break over $0.0065 and its blue skies ahead. 

HCMC was given 14 days to file a motion to ask permission to file an amended complaint. That motion is here now and contains lots of details about HCM’s definition of combustion. Cozen O’Connor added a group of exhibits to add strength for the lawsuit and includes a report from a physicist and combustion expert, Michael Diebold, who tested the IQOS for combustion. His conclusion which is in the motion, the amended complaint and is in the exhibit attached to the complaint concludes that the IQOS does inf act include combustion. On page 9 of the brief HCM states: a combustion reaction is a chemical reaction that requires fuel, oxygen and an ignition source. The IQOS system operates at temperatures up to 350 degrees Celsius. The IQOS system initiates a combustion reaction in the chamber of the IQOS Holder. The IQOS system generates combustion markets, including carbon monoxide and carbon dioxide in sufficient quantities to indicate that at least some combustion occurs when PMIs IQOS system is operated as designed and intended by PMI. The heating element initiates a combustion reaction in the combustible material reservoir by heating the heating blade, which in turn heats the heat stick. Representing HCMC is Cozen O’Connor ranked among the top 100 law firms in the country and employing more than 775 attorneys in 29 cities across two continents. The firm’s diverse client list includes global Fortune 500 companies and there is no way they would be representing HCM in their lawsuit against PMI if they were not sure that PMIs IQOS device absolutely does in fact combust. 

Healthier Choices Management CorpHealthier Choices Management Corp. (OTCMKTS: HCMC) is a holding company focused on providing consumers with healthier daily choices with respect to nutrition and other lifestyle alternatives. Through its wholly owned subsidiary HCMC Intellectual Property Holdings, LLC, the Company manages and intends to expand on its intellectual property portfolio. The Company currently operates nine retail vape stores in the Southeast region of the United States, through which it offers e-liquids, vaporizers and related products. The Company also operates Ada’s Natural Market, a natural and organic grocery store, through its wholly owned subsidiary Healthy Choice Markets, Inc. and Paradise Health and Nutrition, stores that offer fresh produce, bulk foods, vitamins and supplements, packaged groceries, meat and seafood, deli, baked goods, dairy products, frozen foods, health & beauty products and natural household items through its wholly owned subsidiary Healthy Choice Markets 2, LLC.  

Operating regionally, through its Vape Store brands, including The Vape Store, Vapor Max, Vulcan Vape, and The Grab Bag locations, HCMC Vape Stores provide a large selection of vaping hardware and e-liquids, giving consumers a way to get their nicotine without the smoke, tar, ash or carbon monoxide found in traditional cigarettes.  HCMC is doing significant sales booking over $1 million USD Per month; for the three-month period ended March 31, 2021. Net sales from operations amounted to approximately $3.5 million, down 14% from the same period last year due to covid.   

HCMC owns a valuable patent portfolio related to both vape technology and also manufacturing processes and procedures for an imitation nicotine product and more information on that can be found here. The Company’s CEO Jeffrey Holman is a seasoned executive and corporate lawyer also serves as President of Jeffrey E. Holman & Associates, P.A., a South Florida Based law firm. Christopher Santi, the Company’s COO and President is sales executive who served as President of Santi Management Corporation before joining the Company. 

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HCMC

HCMC patented Q-Cup™ technology is based on a small, quartz cup called the Q-Cup™, which can be bought already filled by a third party in some regions, or can partially fill themselves with either cannabis or CBD concentrate 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.  The Q-Cup™ and Q-Unit™ technology provides more efficiency and an excellent solution for consumers.  The Q-Cup™ can also be used in other devices as a convenient micro-dosing system. Most recently, HCMC formed a wholly owned subsidiary, HCMC Intellectual Property Holdings, LLC, to hold and market its intellectual property assets. The subsidiary will own all of the patents, trademarks and other intellectual property of HCMC and will be utilized in the company’s attempt to monetize its intellectual property.     

HCMC ipatent infringement lawsuit against Philip Morris USA, Inc. and Philip Morris Products S.A. in connection with their product known and marketed as “IQOS®.” is quickly gainging serious traction as HCP MIs IQOS device absolutely does in fact combust. The lawsuit was initially 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.    

The law firm representing HCM is Cozen O’Connor, an international law firm employing 775 attorneys in 29 cities across two continents. The Company is ranked among the top 100 law firms in the US and its diverse client list includes global Fortune 500 companies, middle-market firms poised for growth, high-profile individuals and ambitious upstarts like HCMC. The firm has been awarded as the #1 law firm of the year several times. 

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HCMC is moving northbound with power after the Company filed an amended complaint on Friday that goes a long way towards proving the IQOS device combusts. HCMC is easily among the most exciting stocks in small caps that has emerged in recent months as one of the most talked about and searched for stocks in the OTC with over 400,000 shareholders of record. Currently under heavy accumulation HCMC has been attracting some pretty heavy hitters and traded over 4 billion shares on Monday alone representing about $4.3 million in dollar volume. Anticipation is sky high as HCM makes its case that PMIs IQOS device absolutely does in fact combust. HCMC is looking to blaze a path into a whole new dimension with recent highs of $0.0065 the stock has a significant gap to fill from current levels. A break over $0.0065 and its blue skies ahead.  HCMC was given 14 days to file a motion to ask permission to file an amended complaint. That motion is here now and contains lots of details about HCM’s definition of combustion. Cozen O’Connor added a group of exhibits to add strength for the lawsuit and includes a report from a physicist and combustion expert, Michael Diebold, who tested the IQOS for combustion. His conclusion which is in the motion, the amended complaint and is in the exhibit attached to the complaint concludes that the IQOS does inf act include combustion. On page 9 of the brief HCM states: a combustion reaction is a chemical reaction that requires fuel, oxygen and an ignition source. The IQOS system operates at temperatures up to 350 degrees Celsius. The IQOS system initiates a combustion reaction in the chamber of the IQOS Holder. The IQOS system generates combustion markets, including carbon monoxide and carbon dioxide in sufficient quantities to indicate that at least some combustion occurs when PMIs IQOS system is operated as designed and intended by PMI. The heating element initiates a combustion reaction in the combustible material reservoir by heating the heating blade, which in turn heats the heat stick. Representing HCMC is Cozen O’Connor ranked among the top 100 law firms in the country and employing more than 775 attorneys in 29 cities across two continents. The firm’s diverse client list includes global Fortune 500 companies and there is no way they would be representing HCM in their lawsuit against PMI if they were not sure that PMIs IQOS device absolutely does in fact combust. 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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