Home Financial Markets Penny Stocks Healthier Choices Management (HCMC) Stock Leapt 15%: Is It An Opportunity For...

Healthier Choices Management (HCMC) Stock Leapt 15%: Is It An Opportunity For Diversification?

In the last session, shares of healthier lifestyle alternatives provider Healthier Choices Management Corp (OTCPK: HCMC) closed up 15.29% to $0.0049. During the course of the session, 787.18M shares changed hands, resulting in a price range of $0.0045-$0.0054.

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What is the company’s approach?

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Healthier Choices Management Corp. is a holding company devoted to providing consumers with healthier nutrition and lifestyle alternatives. The Company manages and intends to expand its intellectual property portfolio through its wholly-owned subsidiary HCMC Intellectual Property Holdings, LLC.

Presently the Company operates nine retail stores selling e-liquid and related products in the Southeast region of the United States.

  • Ada’s Natural Market is also operated by the Company through its wholly-owned subsidiaries Healthy Choice Markets, Inc.; Paradise Health and Nutrition and Healthy Choice Markets 2, LLC are other subsidiaries of the company.
  • Ada’s Natural Market has a variety of organic foods and natural products.
  • Among Paradise Health & Nutrition’s products are fresh produce, bulk foods, vitamins and supplements, packaged groceries, meat and seafood, delis, baked goods, dairy and frozen foods, personal hygiene products, and clothing.
  • Natural household items are available at Healthy Choice Markets 2.
  • Through its wholly-owned subsidiary, Healthy U Wholesale, Inc., the company sells supplements and vitamins on Amazon.com.
  • Vape segment products are marketed under the Q-Cup brand name.

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Recent developments:

As reported earlier, the company recently completed a closing of the purchase of $5,000,000 in Series D preferred stock by a number of institutional investors in a private placement.

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