The big story on HCMC is its 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.
Similarly, Why was HCMC stock so high?
The significant increase in the number of shares was due to the conversion of its convertible preferred stock into common shares. In the middle of May, Healthier Choices filed to issue rights for existing shareholders to buy more shares, raising more capital for the company.
What are healthier choice rights? Under the Rights Offering, Healthier Choices Management Corp. will distribute one non-transferable subscription right for every four shares of common stock owned and each share of Series D preferred stock (on an as-if-converted-to-common-stock basis) held on the Record Date (May 18, 2021).
Thereof, Has Philip Morris settled with HCMC?
HOLLYWOOD, FL, July 26, 2021 (GLOBE NEWSWIRE) — Healthier Choices Management Corp. (OTC Pink: HCMC) today announced that, on July 23, 2021, the District Court for the Northern District of Georgia granted Philip Morris USA, Inc.
Is HCMC stock on Robinhood?
Shares of HCMC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
What is the price target for HCMC?
Stock Price Target HCMC
| High | $ 42,000,000.00 |
|---|---|
| Median | $ 42,000,000.00 |
| Low | $ 42,000,000.00 |
| Average | $ 42,000,000.00 |
| Current Price | $ 0.00 |
How many shares does HCMC have?
Share Statistics
| Avg Vol (3 month) 3 | 413.45M |
|---|---|
| Shares Outstanding 5 | 339.74B |
| Implied Shares Outstanding 6 | N/A |
| Float 8 | 320.67B |
| % Held by Insiders 1 | 5.61% |
What are HCMC subscription rights?
Each subscription right will entitle the holder to purchase one share of HCMC common stock at a subscription price equal to 75% of the volume-weighted average of the trading prices (VWAP) of our common stock on the OTC Pink Sheets for the five consecutive trading days ending on the expiration date of this rights …
What is the target price for HCMC?
Stock Price Target HCMC
| High | $ 42,000,000.00 |
|---|---|
| Median | $ 42,000,000.00 |
| Low | $ 42,000,000.00 |
| Average | $ 42,000,000.00 |
| Current Price | $ 0.00 |
Who owns HCMC?
Top 10 Owners of Healthier Choices Management Corp
| Stockholder | Stake | Shares owned |
|---|---|---|
| FineMark National Bank & Trust (I… | 0.07% | 231,315,488 |
| Virtue Capital Management LLC | 0.00% | 2,071,428 |
| Elmwood Wealth Management, Inc. | 0.00% | 1 |
| Advisors Management Group, Inc. | 0.00% | 25,000 |
How good is HCMC stock?
The stock of HCMC is a fantastic investment
According to investors, the stock of HCMC has a lot of potential upsides. Users are switching to healthy items as the company keeps developing creative products. Any substantial patent court victory could pay off handsomely for speculators in HCMC.
Is HCMC an OTC stock?
Stock Quote (U.S.: OTC) | MarketWatch.
Is HCMC listed on Nasdaq?
Healthier Choices Management Corp (HCMC) Stock Price, Quote, News & History | Nasdaq.
How long has HCMC stock been around?
The company was founded by Jeffrey Elliott Holman in 1985 and is headquartered in Hollywood, FL.
Who owns HCMC stock?
Top 10 Owners of Healthier Choices Management Corp
| Stockholder | Stake | Shares owned |
|---|---|---|
| FineMark National Bank & Trust (I… | 0.07% | 231,315,488 |
| Virtue Capital Management LLC | 0.00% | 2,071,428 |
| Elmwood Wealth Management, Inc. | 0.00% | 1 |
| Advisors Management Group, Inc. | 0.00% | 25,000 |
Is HCMC a Pink Sheet stock?
Healthier Choices Management Corp (Pink Sheets: HCMC) Overview.
Who holds HCMC stock?
Top 10 Owners of Healthier Choices Management Corp
| Stockholder | Stake | Shares owned |
|---|---|---|
| FineMark National Bank & Trust (I… | 0.07% | 231,315,488 |
| Virtue Capital Management LLC | 0.00% | 2,071,428 |
| Elmwood Wealth Management, Inc. | 0.00% | 1 |
| Advisors Management Group, Inc. | 0.00% | 25,000 |
Who owns stock in HCMC?
Largest shareholders include FineMark National Bank & Trust, Fisher Asset Management, LLC, Virtue Capital Management, LLC, Kovack Advisors, Inc., Captrust Financial Advisors, Lenox Wealth Advisors, LLC, Enterprise Financial Services Corp, MAI Capital Management, Advisors Management Group Inc /adv, and Oarsman Capital, …
What’s the highest HCMC stock has been?
Vapor – Stock Price History | HCMC
- The all-time high Vapor stock closing price was 0.00 on December 31, 1969.
- The Vapor 52-week high stock price is 0.00, which is NAN% above the current share price.
- The Vapor 52-week low stock price is 0.00, which is NAN% below the current share price.
Why is HCMC offering rights?
Jeffrey Holman, the CEO of HCMC stated, “We chose to raise capital through a rights offering in order to provide all stockholders with the opportunity and the flexibility to participate according to their pro rata share of ownership in HCMC.
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