The opinions expressed in this article are those of the writer, subject to the Publishing Guidelines. On the date of publication, Chris MacDonald did not have (either directly or indirectly) any positions in the securities mentioned in this article. Investors should act accordingly with their portfolios. In the case of HCMC stock, this is likely to be a higher volatility stock over the near term. Investors should remember that these companies remain highly volatile. Court of Appeals for the Federal Circuit ruled in favor of HCMC. (OTC Pink: HCMC) announced today that the U.S. Court of Appeals for the Federal Circuit ruled in favor. HOLLYWOOD, FL, Ap(GLOBE NEWSWIRE) - Healthier Choices Management Corp. Of course, as with all penny stocks, a degree of caution should be taken with these plays. HOLLYWOOD, FL, Ap(GLOBE NEWSWIRE) - Healthier Choices Management Corp. This isn’t over yet, and investors still have reason to be hopeful that things could turn out in their favor. on a number of management roles in corporate finance and venture capital over the past 15 years. The company prepared a scientist to testify with regards to the combustion component in question.Īccordingly, today, investors in HCMC stock seem to like the fact that Healthier Choices was able to meet the deadline. HCMC Stock Higher on Improved Expectations for Lawsuit. However, on Friday, Healthier Choices met the deadline for submission and filed its amended claim. The judge agreed and dismissed the request. 5 to deny the request for extension, citing share-price speculation as a key reason. This was followed by a motion by Philip Morris on Aug. 2, Healthier Choices asked to extend the original deadline to Aug. However, the judge gave the company 14 days to put together amendments to the claim and then submit again. On July 23, the judge hearing the case dismissed Healthier Choice’s claim. Any opinions or estimates expressed herein are those of S&P Global Market Intelligence on the date of preparation and are subject to change without notice. However, a timeline of events suggests investors are pricing in an increased probability of a win today. Ultimately, situations like these are hard to adjudicate from the outside looking in. Of course, any sort of significant win in patent court could provide speculators in HCMC with a big win. Philip Morris has denied the claims and asserted that its IQOS device doesn’t perform combustion. This lawsuit alleges that the Philip Morris IQOS device infringes on a combustion electronic pipe patent held by Healthier Choices. Last year, Healthier Choices launched a patent infringement lawsuit against Philip Morris. (OTCMKTS:HCMC) operates twelve retail stores and is the plaintiff in a lawsuit against Philip Morris, alleging infringement of its ’170 patent in the latter’s flagship iQOS vape product. Per the company’s Form 8-K filed with the SEC. HCMC Stock Higher on Improved Expectations for Lawsuit Healthier Choices Management (OTCMKTS: HCMC) was up more than 100 in intraday trading after announcing it had raised 5 million in equity capital.
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