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Sunday, April 18, 2021

Major Resurgence on HCMC (Healthier Choices Management) as PMI Patent Infringement Lawsuit Gains Serious Traction

HCMC (Healthier Choices Management) is making a powerhouse move up the charts after the Company reported $13.9 million in net sales for the year ended, December 31, 2020 easily topping $1 million a month in revenues. This comes after weeks of choppy waters due to an aggressive short attack that was helped along by a misleading SA article. These events left HCMC trading at just a fraction of its recent highs looking way oversold with a significant gap to fill from current levels. HCMC has proven itself as among the most resilient stocks in small caps with a huge following of investors that continues to buy up the float. Over the past few months HCMC has begun a historic rise up the charts as the Company pursues its patent infringement lawsuit against Philip Morris USA, Inc. and Philip Morris Products S.A. HCMC regularly trades over $10 million in dollar volume per day and has been under heavy accumulation as a new era of penny stock speculators fueled by robinhood and its 100 million new trading accounts take on the bulletin boards. These are different times than just a few short years ago; now penny stocks such as TSNP can achieve a $6 billion plus market valuation and trade $375 million in dollar volume in a day on the bulletin boards. And TSNP has no stronger fundamentals than HCMC does. HCMC shareholders 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 big story on HCMC is its patent infringement lawsuit against billion-dollar conglomerate 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. The Company is also a revenue powerhouse recently reporting $13.9 million in net sales for the year ended, December 31, 2020 easily topping $1 million a month in sales primarily through its 9 vape stores as well as 3 Paradise Health & Nutrition locations in the greater Melbourne, FL area and Ada’s Natural Market, a 18,000 sq. ft. full-service grocery store serving the Fort Myers, FL. Some time ago HCMC management team successfully eliminated 90% of the convertible debt on the books. 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 (Healthier Choices Management Corp) is a holding company focused on providing consumers with healthier daily choices with respect to nutrition and other lifestyle alternatives. 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. Through with its wholly owned subsidiary, Healthy Choice Markets, HCMC owns both Ada’s Natural Market, a 18,000 sq. ft. full-service grocery store serving the Fort Myers, FL, and 3 Paradise Health & Nutrition locations in the greater Melbourne, FL area. The Company has quickly emerged as a revenue powerhouse recently reporting $13.9 million in net sales for the year ended, December 31, 2020. 

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. 

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HCMC

Image result for healthier choice the vape storeHCMC mission extends far beyond just healthy eating; the Company owns and operates 9 vape stores across the southeast United States generating significant monthly sales, offers smokers an alternative to traditional cigarettes. Currently HCMC is generating well over $1 million USD per month in sales. Operating regionally, through its Vape Store brands, including The Company’s flagship; 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. The Company sells top rated hardware brands from KangerTech to Aspire, and an endless assortment of premium and house e-liquids, the Vape Store is an endless selection of products to provide users a better alternative to traditional smoking.  The Company also sells a wide variety of its e-liquid under the Vape Store brand. Its in-house engineering and graphic design teams work to provide aesthetically pleasing, technologically advanced and affordable vaporizer and e-liquid flavor options. The Company is in the process of preparing to commercialize additional brands which it intends to market to new customers and demographics.  

HCMC is led by a high caliber management team including John Ollet who serves as the Company’s CFO; he 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 the Company does over a billion dollars in annual revenues. Prior to that Mr. Ollet served as Vice President and Chief Financial Officer of Arrow Cargo Holdings, Inc., an airline logistics company, and VP Finance/CFO – The Americas – Cargo Division, KLM Royal Dutch Airlines. Currently HCMC OS is 194,780,848,017. 

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. Gross profit from continued operations decreased by $0.7 million for the year, resulting in a year-end amount of $5.8 million, compared to $6.5 million for the same period last year. 

Jeffrey Holman, Chairman and Chief Executive Officer of Healthier Choices Management Corp. said, “We are delighted with our performance in the fourth quarter and especially proud of the improvement in our adjusted EBITDA results for the year, especially given the Covid related challenges our sectors faced. Despite lower net sales volume by $1.2 million dollars due in large part to the pandemic, our teams ability to reinvent the way in which we do business on many levels, and actually improve our adjusted EBITDA by $500,000, year over year, is a testament to the culture of hard work and dedication that we have fostered over the past 13 years. The team has continued to execute on the strategic vision for our company. We remain focused on the commitment to improve the fundamentals of the business, expand our business lines where accretive, and continue our endeavors to enforce our intellectual property rights against any infringers upon a patent suite that has taken the better part of a decade to build.” 

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HCMC (Healthier Choices Management) is making a powerhouse move up the charts after the Company reported $13.9 million in net sales for the year ended, December 31, 2020 easily topping $1 million a month in revenues. This comes after weeks of choppy waters due to an aggressive short attack that was helped along by a misleading SA article. These events left HCMC trading at just a fraction of its recent highs looking way oversold with a significant gap to fill from current levels. HCMC has proven itself as among the most resilient stocks in small caps with a huge following of investors that continues to buy up the float.. Over the past few months HCMC has begun a historic rise up the charts as the Company pursues its patent infringement lawsuit against Philip Morris USA, Inc. and Philip Morris Products S.A. HCMC regularly trades over $10 million in dollar volume per day and has been under heavy accumulation as a new era of penny stock speculators fueled by robinhood and its 100 million new trading accounts take on the bulletin boards. These are different times than just a few short years ago; now penny stocks such as TSNP can achieve a $6 billion plus market valuation and trade $375 million in dollar volume in a day on the bulletin boards. And TSNP has no stronger fundamentals than HCMC does. HCMC shareholders 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 big story on HCMC is its patent infringement lawsuit against billion-dollar conglomerate 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. The Company is also a revenue powerhouse recently reporting $13.9 million in net sales for the year ended, December 31, 2020 easily topping $1 million a month in sales primarily through its 9 vape stores as well as 3 Paradise Health & Nutrition locations in the greater Melbourne, FL area and Ada’s Natural Market, a 18,000 sq. ft. full-service grocery store serving the Fort Myers, FL. Some time ago HCMC management team successfully eliminated 90% of the convertible debt on the books. 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.”. 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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