web analytics
10.4 C
Munich
Saturday, May 15, 2021

Q-Cup Patent Portfolio; the Run on Healthier Choices Management Corp (OTCMKTS: HCMC)

Healthier Choices Management Corp (OTCMKTS: HCMC) is making a swift move up the charts in recent days trading billions of shares and emerging as a volume leader in small caps. On Wednesday alone HCMC dollar volume topped $20 million USD. New article on HCMC published 2/8/2021

HCMC owns a valuable intellectual property portfolio related to both vape technology and also manufacturing processes and procedures for an imitation nicotine product. Recently the Company formed a new wholly owned subsidiary to hold, market and expand on its intellectual property assets. The Company has filed a patent infringement lawsuit against Philip Morris 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. 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. HCMC is fully reported pink current and filed its 10QSB in November showing $14 million in assets and very significant revenues of $3,347,793 for the 3 months ended September 30, 2020 and $10,692,877 for the 9 months ended September 30 2020. Big numbers for $0.001.

Healthier 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.

The Company also sells vitamins and supplements on the Amazon.com marketplace through its wholly owned subsidiary Healthy U Wholesale, Inc.  The Company markets its Q-Cup™ technology under the vape segment. This patented 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.

HCMC is fully reported pink current and filed its 10QSB in November showing $14 million in assets and very singnificant revenues of  $3,347,793 for the 3 months ended September 30, 2020 and $10,692,877 for the 9 months ended September 30 2020. Biig numbers for $0.001.

$1.9 million in sales over the past 9 months came from the Vape Store with multiple locations across the USA. The Vape Store is made up of regionally branded stores, consisting of our flagship The Vape Store brand, along with Vapor Max, Vulcan Vape, and The Grab Bag store brands.  Selling 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.

To Find out the inside Scoop on HCMC Subscribe to Microcapdaily.com Right Now by entering your Email in the box below

HCMC

On November 30 the Company 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.

On December 15 HCMC filed an 8k stating the Company has formed a new wholly owned subsidiary to hold, market and expand on its intellectual property assets.  This subsidiary, HCMC Intellectual Property Holdings, LLC, will own all of the patents, trademarks and other intellectual property of HCMC. HCMC currently owns a portfolio of patents related to both vape technology and also manufacturing processes and procedures for an imitation nicotine product.  HCMC’s focus with this new subsidiary is to invest in innovation and encourage further development of core intellectual property.

HCMC CEO Jeff Holman stated: “The creation of a separate intellectual property holding entity allows us to efficiently market, license and otherwise capitalize on our growing intellectual property portfolio. We feel that we can use HCMC Intellectual Property Holdings to further implement our strategic plan and better capture opportunities to monetize both technology that HCMC has already developed over the years, as well as technology that we will continue to develop into the future.”

https://twitter.com/BizWrld/status/1354485119969452033

We have a Big Pick Coming. Subscribe Right Now!

HCMC is making a swift move up the charts in recent days trading billions of shares and emerging as a volume leader in small caps. On Wednesday alone HCMC dollar volume topped $20 million USD. HCMC owns a valuable intellectual property portfolio related to both vape technology and also manufacturing processes and procedures for an imitation nicotine product. Recently the Company formed a new wholly owned subsidiary to hold, market and expand on its intellectual property assets. The Company has filed a patent infringement lawsuit against Philip Morris 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. 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. HCMC is fully reported pink current and filed its 10QSB in November showing $14 million in assets and very significant revenues of $3,347,793 for the 3 months ended September 30, 2020 and $10,692,877 for the 9 months ended September 30 2020. Big numbers for $0.001. 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.

Sign Up now for our 100% FREE Penny Stock Newsletter

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

More articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest article

Sign up now for our 100% FREE Penny Stock Newsletter

Privacy Policy. we will never share your email with anyone.