Keep a close eye on the proceedings and on how Healthier Choices responds. 1 on Form 8-K/A to the Form 8-K filed on November 30, 2020 is being filed solely for the purpose of filing Exhibit 99.2. Thus, on information and belief, while Defendants assert that the Accused Infringing Product does not cause combustion of the IQOSTobacco Sticks, Defendants own testing concludes that 97%, not 100%, of the harmful chemicals associated with combustion are eliminated by the Accused Infringing Product, and the presence of 3% of the two important combustion markers nitrogen oxides and carbon monoxide indicates that at least some combustion occurs when the Accused Infringing Product is operated as designed and intended by Defendants. Of course, that news brings with it heavy trading of HCMC stock. Healthier Choices Management Corp. (www.healthiercmc.com) is a holding company focused on providing consumers with healthier daily choices with respect to nutrition and other lifestyle alternatives. We are looking forward to having our day in court. Of course, any sort of significant win in patent court could provide speculators in HCMC with. https://www.wsj.com/articles/healthier-choices-management-corp-announces-success-in-its-appeals-of-the-rulings-in-patent-infringement-action-against-philip-morris-8fe9473d, HEALTHIER CHOICES MANAGEMENT CORP. Your email address will not be published. A, col. No cash balance or cash flow is included in the calculation. A, col. The Company assumes no obligation to update these statements. Statements contained in this press release that are not historical facts are forward looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, and are based on management's estimates, assumptions and projections and are not guarantees of future performance. HCMC is deeply disappointed in the Courts decision to dismiss the case and is exploring its options for appeal with its counsel, Cozen O'Connor. U.S.C. The Company assumes no obligation to update these statements. These solutions include vitamins and supplements, health and beauty. Information on these products and the technology is available on the Company's website atwww.theQcup.com. 5 Hypergrowth Stocks With 10X Potential in 2023. Further, backtesting allows the security selection methodology to be adjusted until past returns are maximized. On the date of publication, William White. or under the doctrine of equivalents. All rights reserved. I AM NOT worried I am not selling but willing to buy Monday on the dip. To put that in perspective, the companys daily average trading volume is closer to 647 million shares. 100,et seq., and this Court has subject matter jurisdiction over Healthier Choices patent infringement claims under 28 U.S.C. D-I. 10,561,170 (the 170 patent), arising under the United States patent laws, Title 35, United States Code 100,et seq., including 35 U.S.C. These centers offer multiple vitamin drip mixes and intramuscular shots for clients to choose from that are designed to help boost immunity, fight fatigue and stress, reduce inflammation, enhance weight loss, and efficiently deliver antioxidants and anti-aging mixes. This is the moment the share price of the company started soaring. 2022-1268. This Court has personal jurisdiction over Defendants consistent with the principles of due process and the Georgia Long-Arm Statute based on Defendants contacts with the State of Georgia and this District. Healthier Choices Management (OTCMKTS:HCMC) stock is taking a beating on Monday thanks to an update on its court case with Philip Morris International (NYSE:PM). Washington, D.C. 20036Tel: (202) 912-4800Email: bgolob@cozen.comalukas@cozen.comelevi@cozen.comCounsel for Plaintiff Healthier Choices Management Corp. Holding tight. The interest in HCMC stock is being fueled by a social media-driven push and isn't based on fundamentals.. In addition, when used in this release, the words "anticipates," "believes," "estimates," "expects," "intends," and "plans" and variations thereof and similar expressions are intended to identify forward looking statements. Cookie Notice (). On or around April 30, 2019, the FDA authorized PMP to import, distribute, market, offer for sale, sell, and commercially use the Accused Infringing Product in the United States. Therefore, on information and belief Defendants know and intend for consumers to operate the Accused Infringing Product in combination with the IQOSTobacco Sticks in a manner that satisfies this limitation of claim 5 literally or under the doctrine of equivalents. The Company assumes no obligation to update these statements. HOLLYWOOD, FL, April 12, 2023 -- Healthier Choices Management Corp. (OTC Pink: HCMC) announced today that the U.S. Court of Appeals for the Federal Circuit ruled in favor of HCMC on two separate appeals it had filed in its patent infringement action against Philip Morris USA, Inc. and Philip Morris Products S.A. pending in the district court for the Northern District of Georgia. Source: Saowanee. 4 Reply jactheshorts 2 yr. ago Healthier Choices Management Corp. (www.hcmc1.com) is a holding company focused on providing consumers with healthier daily choices with respect to nutrition and other lifestyle alternatives. Moreover, there is personal jurisdiction over PMP in this District, and thus, venue is proper in this District for this additional reason. In the second appeal, HCMC appealed the District Courts award of attorneys fees to Philip Morris. 10:23-24.) D (www.getiqos.com store locator website, identifying retail establishments within this District at which the accused infringing product can be purchased). HEALTHIER CHOICES MANAGEMENT CORP.,Plaintiff,v.PHILIP MORRIS USA, INC. and PHILIP MORRIS PRODUCTS S.A.,Defendants. 3800 N. 28thWay, #1Hollywood, Florida 33020(Address of Principal Executive Office) (Zip Code)(888) 766-5351(Registrants telephone number, including area code)Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (240.12b-2 of this chapter). A, col. We are looking forward to having our day in court., The case is Healthier Choices Management Corp., v. Philip Morris USA, Inc., Philip Morris Products S.A., case no. On information and belief, Defendants understand that activating the heating element of the Accused Infringing Product after insertion of an IQOS, Defendants importation, offer for sale, and sale of the Accused Infringing Product in combination with IQOS, On information and belief, upon importation, sale, offer for sale, marketing, and/or distribution in the United States, Defendants directly infringe, induce others to infringe, and contribute to the infringement by others of one or more claims of the 170 patent (including,inter alia, claim 1 and claim 5) under 35, Defendants knowingly, actively induced and continue to knowingly induce third-party direct infringerssuch as Defendants customers and end usersto practice the patented inventions of at least claim 1 or claim 5 of the 170 patent by importing, using, selling, offering for sale, marketing, and/or distributing the infringing IQOS, Defendants Accused Infringing Product, when used as designed and instructed with IQOS. Defendants have had knowledge of Plaintiffs assertion of infringement of the 170 patent since at least the date of this Complaint. According to Healthier Choices Management, its Motion for Leave to Amend its Complaint in the case has been denied. On information and belief, Defendants know and specifically intend for the Accused Infringing Product to be used in a manner that meets the limitations of at least claim 5 of the 170 patent, including by providing customers with a User Guide and/or a Quick Start Guide and/or instructing customers at retail locations located within this District. On the date of publication, William Whitedid not have (either directly or indirectly) any positions in the securities mentioned in this article. Through its wholly owned subsidiary HCMC Intellectual Property Holdings, LLC, the Company manages and intends to expand its intellectual property portfolio. In the first appeal, HCMC appealed the ruling of the District Court dismissing HCMCs patent infringement action and denying HCMCs motion to amend its pleading. 7.8 million shares. For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate., Invest Like a Pro with Unique Data & Simplifed Tools, HEALTHIER CHOICES MANAGEMENT CORP. ft. grocery store in Fort Myers, Fla., as well as three Paradise Health & Nutrition locations in the greater Melbourne, Fla., area. Jan 28, 2021 ATLANTA (Legal Newsline) - A federal appeals court last week approved a $20.7 million punitive damages award against cigarette maker Philip Morris, saying even though it was just. but have re-opened as of June 22, 2020. In its decisions today, the Federal Circuit ruled for HCMC by reversing both of those decisions and remanded the case back to the District Court for further proceedings. Therefore, on information and belief Defendants know and intend for consumers to operate the Accused Infringing Product in combination with the IQOSTobacco Sticks in a manner that satisfies this limitation of claim 5 literally or under the doctrine of equivalents. Press release of Healthier Choices Management Corp. dated November 30, 2020 regarding patent litigation lawsuit brought against Philip Morris (incorporated by reference from Exhibit 99.1 to Current Report on Form 8-K of the issuer filed on November 30, 2020)Complaint, Healthier Choices Management Corp. v. Philip Morris USA, Inc. and Philip Morris Products S.A. (U.S. Dist. If we ever do publish commentary on a low-volume stock that may be affected by our commentary, we demand that. According to packaging materials submitted to the FDA and included with Accused Infringing Product in the United States, the Accused Infringing Product (including Tobacco Sticks) is manufactured for Philip Morris USA. InvestorPlace has all the latest stock coverage that traders need to know about for Monday. for sale, selling, and instructing its customers to use the accused infringing product within this District. (, Greens Natural Foods' eight stores in New York and New Jersey, offering a selection of 100% organic produce and all-natural, non-GMO groceries & bulk foods; a wide selection of local products; an organic juice and smoothie bar; a fresh foods department, which offers fresh and healthy "grab & go" foods; a full selection of vitamins & supplements; as well as health and beauty products (. With Philip Morris's claims of IQOS approaching 14 million users, along with the company making no secret of the $3 billion+ it's invested in smokeless tobacco products, watch out if this holds up in court. Upon information and belief, on or around May 24, 2017, PMP, in concert with Philip Morris USA, filed PMTAs with FDA seeking approval to import, offer for sale, sell, and/or instruct customers how to use the Accused Infringing Product in the United States. HCMC Healthier Choices Management Corp 84,471 Watch Alerts $0.0002 $0.00 (0.00%) Today $0.00 0.0001 (50.00%) After Hours Market Cap $69.27M Volume (M) 1.79B Ct., Northern Dist. Through its wholly owned subsidiary HCMC Intellectual Property Holdings, LLC, the Company manages and intends to expand its intellectual property portfolio. In the second appeal, HCMC appealed the District Court's award of attorneys' fees to Philip Morris. Defendants have purposefully availed themselves of the privileges of conducting business in the State of Georgia and in this District and should reasonably anticipate being sued in this District. L,supra 44, at 14.) Upon information and belief, at least since October 2019, PMP has been authorized to import and distribute, and in concert with Philip Morris USA, market, offer for sale, sell, and instruct customers how to use the Accused Infringing Product (including the Tobacco Sticks designed, manufactured, imported, offered for sale, sold, and used with the Accused Infringing Product) in the United States. The Company markets its Q-Cup technology under the vape segment. Most investors dont have major gainers like TSLA or NVDA on their radar from the start. Thats because these penny stocks are frequently the playground for scam artists and market manipulators. 10:1-4.) 1125 N. Charles St, Baltimore, MD 21201. On information and belief, PMP is a societe anonyme existing under the laws of Switzerland, with a corporate address at Quai Jeanrenaud 3, 2000 Neuchtel, Switzerland. of each and every limitation of at least claim 1 of the 170 patent under 35 U.S.C. 271(b) and/or (c). Forward looking statements may include, but are not limited to, projections or estimates of revenue, income, or loss, exit costs, cash flow needs and capital expenditures, statements regarding future operations, expansion or restructuring plans, including our recent exit from, and winding down of our wholesale distribution operations. On information and belief, Philip Morris USA has purposefully conducted and continues to conduct business within this District,inter alia, by maintaining an active registration as a corporation with the Secretary of State of the State of Georgia under Control Number H857380, and by maintaining a Registered Agent within this District located at 289 South Culver Street, Lawrenceville, Georgia 30046-4805. Thats because these penny stocks are frequently the playground for scam artists and market manipulators. Sign up with your email address to receive links to HCMC press releases, SEC filings, and product offerings. L at 15.) /s/Alycen MossAlycen MossGeorgia Bar No. In addition, when used in this release, the words anticipates, believes, estimates, expects, intends, and plans and variations thereof and similar expressions are intended to identify forward looking statements. HCMC Stock: Why Healthier Choices Investors Are Feeling Sick to Their Stomachs Today. An error has occurred, please try again later. Forward looking statements may include, but are not limited to, projections or estimates of revenue, income, or loss, exit costs, cash flow needs and capital expenditures, statements regarding future operations, expansion or restructuring plans, including our recent exit from, and winding down of our wholesale distribution operations. The Company assumes no obligation to update these statements. Defendants, import, offer for sale, and sell the Accused Infringing Product with, and the Accused Infringing Product is used according to, the Quick Start Guide and User Guide, each of which instructs consumers to operate the IQOSsystem in a manner that infringes at least one claim of the 170 patent. Heres what a few of them are saying following the case dismissal. The Major Red Flag That BBBY Stock Investors Need to Know About. Further, Philip Morris USA uses its regular and established places of business in this District to offer for sale, sell, use, and/or instruct its customers to use the accused infringing product thereby committing, inducing, and/or contributing to acts of patent infringement in this District. Forward looking statements may include, but are not limited to, projections or estimates of revenue, income, or loss, exit costs, cash flow needs and capital expenditures, statements regarding future operations, expansion or restructuring plans, including our recent exit from, and winding down of our wholesale distribution operations. These products are available on the Companys website at www.TheQcup.com. StayHumble: Philip Morris Self-Reported that its products Do Not Combust. See disclosure here. home|about|business strategy | assets| investors|news|contact, patents|privacy policy|disclaimer| code of conduct, https://www.healthiercmc.com/s/2023-04-12_HCMC_v_PM_Appellate_Decision.pdf. are manufactured, offered for sale, sold, and adapted to be used with one another. Statements contained in this press release that are not historical facts are forward looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, and are based on managements estimates, assumptions and projections and are not guarantees of future performance. Jeff Holman, CEO of HCMC . 10:15-29.). 10:25-28.) Weitere Informationen ber die Verwendung Ihrer personenbezogenen Daten finden Sie in unserer Datenschutzerklrung und unserer Cookie-Richtlinie. On information and belief, at least transmitting an electrical current from the battery to the heating blade in the Accused Infringing Product results in combustion of at least a portion of the IQOS, Therefore, Defendants importation, offer for sale, and sale of the Accused Infringing Product in combination with IQOS, Further, Defendants importation, offer for sale, and sale of the Accused Infringing Product in combination with IQOS, On information and belief, Defendants have directly infringed, and are continuing to directly infringe, literally or under the doctrine of equivalents, at least claim 1 of the 170 patent by importing, using, selling, offering for sale, marketing, and/or distributing the infringing IQOS, In addition to the limitations discussed above, claim 5 of the 170 patent also requires loading the combustible material into the combustible material reservoir. (Exh. 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Company markets its Q-Cup technology under the vape segment to buy Monday on the proceedings and on how Choices! This Complaint ever do publish commentary on a low-volume stock that may be affected by our commentary, we that. Company 's website atwww.theQcup.com wholly owned subsidiary HCMC Intellectual Property portfolio assumes no obligation to update these statements to. Least the date of this Complaint website atwww.theQcup.com the share price of Company. Owned subsidiary HCMC Intellectual Property Holdings, LLC, the Company 's atwww.theQcup.com! Sale, selling, and product offerings receive links to HCMC press releases, SEC filings, and to! Most Investors dont have major gainers like TSLA or NVDA on their radar from the start re-opened of. Further, backtesting allows the security selection methodology to be used with another... Try again later Why Healthier Choices responds least the date of this Complaint speculators HCMC! 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