Information on these products and the technology is available on the Company’s website at Forward Looking Statements. Through its wholly owned subsidiary, Healthy U Wholesale, the Company sells vitamins and supplements, as well as health, beauty, and personal care products on its website Additionally, the Company markets its patented Q-Unit ™ and Q-Cup ® technology. OPENING SOON - Hinsdale, IL location in Chicago Suburbs Healthy Choice Wellness Centers can be found in the following areas:įort Lauderdale, FL, located within the Casbah Spa and Salonīoston, MA, located within Boston Direct Health Additionally, there are cocktails for health, beauty, and re-hydration. ( Through its wholly owned subsidiary, Healthy Choice Wellness, LLC, the Company has licensing agreements for Healthy Choice Wellness Centers ( which offer multiple IV drip “cocktails” 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. 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. Mother Earth’s Storehouse, a two-store organic and health food and vitamin chain in New York’s Hudson Valley, which has been in existence for over 40 years. Paradise Health & Nutrition’s three stores that likewise offer fresh produce, bulk foods, vitamins and supplements, packaged groceries, meat and seafood, deli, baked goods, dairy products, frozen foods, health & beauty products and natural household items. Through its wholly owned subsidiaries, the Company operates:Īda’s Natural Market, a natural and organic grocery store offering fresh produce, bulk foods, vitamins and supplements, packaged groceries, meat and seafood, deli, baked goods, dairy products, frozen foods, health & beauty products and natural household items. Through its wholly owned subsidiary HCMC Intellectual Property Holdings, LLC, the Company manages and intends to expand on its intellectual property portfolio. We are confident that our choices will prove to be the right ones, driving long-term sustainable growth, improved returns on capital, and shareholder value." As we cycle these investments and changes, we expect revenues to increase, operating margins to expand, and to generate free cash flow in 2023. Holman concluded, "We continue to believe that we are making the necessary investments through acquisitions and changes to position our business for the long-term. Jeffrey Holman, Chief Executive Officer of HCMC, said, "We believe our shares are currently undervalued and based on the strength of our balance sheet, coupled with our long-term outlook, an opportunity exists to create value for our shareholders while continuing to invest in our key value-driving strategies." The number of shares to be purchased and the timing of purchases will be based on the Company's trading windows and available liquidity, general business and market conditions, and other factors, including legal requirements, debt covenant restrictions and alternative investment opportunities. The repurchase program has no expiration date, does not require the purchase of any minimum number of shares and may be suspended, modified or discontinued at any time without prior notice. The timing and amount of the repurchase transactions will be subject to the discretion of HCMC based upon market conditions and other opportunities that HCMC may have for the use or investment of its cash balances. HCMC may purchase shares on a discretionary basis from time to time through open market purchases, privately negotiated transactions or other means, including through Rule 10b5-1 trading plans. The Board has authorized aggregate common stock repurchases of up to $5 million. (OTC Pink: HCMC) today announced that its Board of Directors has authorized the commencement of its common stock repurchase program. 25, 2022 (GLOBE NEWSWIRE) - Healthier Choices Management Corp.
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