This 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. Most recently, the company formed a wholly owned subsidiary, HCMC Intellectual Property Holdings, LLC, to hold and market its intellectual property assets. HCMC 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. The Company is 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 is doing over $1 million per month in sales in 2020 Last week HCMC announced its financial results for the three-month period ended March 31, 2021. The Q-Cup™ can also be used in other devices as a convenient micro-dosing system. 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 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. 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. 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. 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. A settlement or licensing deal could drive HCMC into a whole new stratosphere. HCMC is getting noticed as the Company pursues its patent infringement lawsuit against billion-dollar conglomerate Philip Morris USA, Inc. Microcapdaily first reported on HCMC in January 2021, when the stock was in the low triple zeroes, a fraction of current levels. Currently under heavy accumulation HCMC is looking to break out of its current trading range and blaze a path along the likes of Enzolytics or Tesoro and break out into a whole new dimension a break over $0.0065 and its blue skies ahead. The stock is among the most exciting stocks in small caps that continues to be the most talked about stocks in small caps with well over 400,000 shareholders of record. (OTCMKTS: HCMC) Currently trading several billion shares per day HCMC is looking to break out of its trading range.
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