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. 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 Company owns a valuable patent portfolio related to both vape technology and also manufacturing processes and procedures for an imitation nicotine product. SYX currently trades at $43 per share on the NYSE and does over a billion dollars in annual revenues. (NYSE:SYX) North America Technology Division for 10 years. John Ollet the CFO previously served as Executive Vice President-Finance for Systemax, Inc. Christopher Santi, HCMC COO and President is sales executive who served as President of Santi Management Corporation before joining the Company. Hofman was also a partner at Holman, Cohen & Valencia. Holman & Associates, P.A., a South Florida Based law firm. 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. Adjusted EBITDA loss amounted to $394,000, an improvement of approximately 9% when compared to the same period last year.
Total operating expenses were $2 million and the Company reported a small net loss. Net sales from operations amounted to approximately $3.5 million, down 14% from the same period last year a significant portion of the decline related to last March’s COVID-19 sales surge in the grocery segment. HCMC does over US $1.1 million per month in sales in 2020 Recently HCMC announced its financial results for the three-month period ended March 31, 2021. 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. HCMC also operates 8 vape stores across the southeast United States offering smokers an alternative to traditional cigarettes. full-service grocery store serving the Fort Myers, FL, and three (3) Paradise Health & Nutrition locations in the greater Melbourne, FL area. Operating under its wholly owned subsidiaries, Healthy Choice Markets and Healthy Choice Markets 2, the Company owns both Ada’s Natural Market, a 18,000 sq. (OTCMKTS: HCMC) is a U.S based Company providing consumers with healthier alternatives to everyday lifestyle choices. Any reasonable settlement could be in the hundreds of millions. in a bid that will likely be quickly rejected. Patent and Trademark Office seeking to institute inter parties review (“IPR”) proceedings to invalidate Healthier Choices Management Corp.’s U.S.
#HEALTHIER CHOICES MANAGEMENT CORP TRIAL#
Earlier this month Philip Morris filed a petition with the Patent Trial and Appeal Board ( “PTAB”) of the U.S. 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. is moving forward and gaining steam. 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 patent infringement lawsuit against Philip Morris USA, Inc. HCMC has got the attention of investors and regularly trades over $5 million per day in dollar volume and the stock is the most searched for microcap currently with well over 400,000 shareholders. Microcapdaily has been reporting on HCMC since the stock was trading for a fraction of current levels and maintains our $0.0065 price to beat point, a break over and its blue skies ahead for HCMC. (OTCMKTS: HCMC) is an emerging microcap that has managed to establish a massive following in a very short time frame as well as well as trade 10s of billions of shares per day as the Company pursues its landmark patent infringement lawsuit against billion-dollar conglomerate Philip Morris USA, Inc.
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