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HCMC on OTC

Healthier Choices Management Corp.

Healthier Choices Management Corp. is an American tobacco products company, incorporated in Delaware.1 It is headquartered in Hollywood, Florida.1 Its shares trade on OTC under the symbol HCMC.1

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Last updated Oct 21, 2026.

Overview

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  • TickerHCMC on OTC1
  • IndustryTobacco Products1
  • HeadquartersHollywood, Florida1
  • Incorporated inDE2
  • Business address3800 North 28Th Way, Hollywood, Fl 330202
  • Filer categoryNon-accelerated filer, Smaller reporting company2

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Thompson’s, and GreenAcres Market retail brands, as well as licensed wellness centers and Healthy U Wholesale.4 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

-937.9%Gross margin5
-236084.2%Operating margin5
-235580.6%Net margin5
494.6%Revenue growth, 20255

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue100¢$30.9K

Out of $3.0K in revenue.5 The company lost money this year.

Financial statements

Revenue6789105$3.0K in 2025−100% since 2019
0$10.0M$20.0M$30.0M2019: $15.1M$15.1M20192020: $13.9M$13.9M2020−8%2021: $13.3M$13.3M2021−4%2022: $29.3M$29.3M2022+120%2023: $617$6172023−100%2024: $501$5012024−19%2025: $3.0K$3.0K2025+495%
Gross profit6789105-$27.9K in 2025
-$5.0M0$5.0M$10.0M$15.0M2019: $6.5M$6.5M20192020: $5.8M$5.8M2020−11%2021: $5.3M$5.3M2021−8%2022: $10.2M$10.2M2022+93%2023: -$170-$17020232024: -$66.3K-$66.3K2024+38903%2025: -$27.9K-$27.9K2025−58%
Operating income6789105-$7.0M in 2025+59% since 2019
-$10.0M-$7.5M-$5.0M-$2.5M02019: -$4.4M-$4.4M20192020: -$3.4M-$3.4M2020−22%2021: -$4.7M-$4.7M2021+37%2022: -$8.7M-$8.7M2022+83%2023: -$7.5M-$7.5M2023−14%2024: -$8.5M-$8.5M2024+14%2025: -$7.0M-$7.0M2025−17%
Net income6789105-$7.0M in 2025+151% since 2019
-$20.0M-$15.0M-$10.0M-$5.0M02019: -$2.8M-$2.8M20192020: -$3.7M-$3.7M2020+33%2021: -$4.0M-$4.0M2021+8%2022: -$7.2M-$7.2M2022+79%2023: -$18.5M-$18.5M2023+156%2024: -$11.9M-$11.9M2024−36%2025: -$7.0M-$7.0M2025−41%

Every line of the income statement as filed: the last 2 fiscal years, latest first.5

Period ending2025-12-312024-12-31
SALES, NET$3.0K$501
COST OF SALES$30.9K$66.8K
GROSS PROFIT-$27.9K-$66.3K
OPERATING EXPENSES$7.0M$8.4M
LOSS FROM OPERATIONS-$7.0M-$8.5M
Loss on investment-$1.3K
Other (expense) income, net-$19.7K$263.8K
Interest income (expense), net$34.7K$126.0K
TOTAL OTHER INCOME (EXPENSE), NET$15.0K$388.4K
NET LOSS FROM CONTINUING OPERATIONS-$7.0M-$8.1M
NET LOSS FROM DISCONTINUED OPERATIONS-$3.8M
NET LOSS-$7.0M-$11.9M
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING-BASIC481.3B shares479.7B shares
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING-DILUTED481.3B shares479.7B shares

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Corporate structure

Healthier Choices Management Corp. sits at the top of its group. 8 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Healthier Choices Management Corp.

  • Christopher Santi Filed SCHEDULE 13D/A on Healthier Choices Management Corp., latest Feb 19, 2025 (3 filings since Feb 15, 2022)
  • Jeffrey Elliot Holman Filed SCHEDULE 13D/A on Healthier Choices Management Corp., latest Feb 19, 2025 (3 filings since Feb 15, 2022)
  • Healthier Choices Management Corp. Hollywood, Florida
    • Emagine the Vape Store, LLC (inactive) Subsidiary · Delaware, United States
    • HCMC Intellectual Property Holdings, LLC Subsidiary · Florida, United States
    • IVGI Acquisitions, Inc. (inactive) Subsidiary · Delaware, United States
    • Smoke Anywhere USA Inc. (inactive) Subsidiary · Florida, United States
    • The Vape Store Inc. Subsidiary · Florida, United States
    • Vaporin, Inc. (inactive) Subsidiary · Delaware, United States
    • Vapormax Franchising LLC. (inactive) Subsidiary · Delaware, United States

Built from subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Healthier Choices Management Corp. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$92.5K5 Dec 31, 2025$194.5K5 Dec 31, 2024−52.5%
Accumulated depreciation$84.7K5 Dec 31, 2025$114.0K5 Dec 31, 2024−25.7%
Property and equipment, net$7.8K5 Dec 31, 2025$80.5K5 Dec 31, 2024−90.3%
Operating-lease assets (leased space)$1.3K5 Dec 31, 2025$4.4K5 Dec 31, 2024−70.0%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$1.1M5 Dec 31, 2025$1.2M5 Dec 31, 2024−4.4%

Intangibles and goodwill

ItemLatestA year beforeChange
Finite-lived intangibles, gross$397.2K5 Dec 31, 2025$397.2K5 Dec 31, 20240%
Accumulated amortization-$278.1K5 Dec 31, 2025-$239.0K5 Dec 31, 2024−16.4%
Finite-lived intangibles, net$119.0K5 Dec 31, 2025$158.2K5 Dec 31, 2024−24.7%

Inventory

ItemLatestA year beforeChange
Inventory, total$36.1K5 Dec 31, 2025$40.5K5 Dec 31, 2024−10.7%

Properties, in its own words

The Company operates its business from our headquarter located in Hollywood, Florida. This leased property aggregates approximately 10,000 square feet and includes headquarter and warehouse.

Item 2 of the 10-K filed Mar 27, 2026.4

Leadership

Who has led Healthier Choices Management Corp., and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Kevin Frija2012–2013
  2. Jeffrey Elliot Holman2017–2023

Chair

  1. Norman M. Dean2007–2009

President

  1. Joseph J. Meuse2009
  2. Jeffrey Elliot Holman2013
  3. Gregory Brauser2015
  4. Christopher Santi2017–2023

Chief financial officer

  1. Kevin Frija2012
  2. Harlan I. Press2012–2013
  3. Gina Hicks2015
  4. John Ollet2016–2023

Chief operating officer

  1. Christopher Santi2012–2023
2010201520202025
Board members and other officers (15)

Subsidiaries and ownership

Subsidiaries (Exhibit 21)

  • Emagine the Vape Store, LLC (inactive) Delaware3
  • HCMC Intellectual Property Holdings, LLC Florida3
  • IVGI Acquisitions, Inc. (inactive) Delaware3
  • Smoke Anywhere USA Inc. (inactive) Florida3
  • The Vape Store Inc. Florida3
  • Vaporin, Inc. (inactive) Delaware3
  • Vaporin, LLC (inactive) Florida3
  • Vapormax Franchising LLC. (inactive) Delaware3

The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.

Former names

  • VAPOR CORP.Jan 7, 2010 to Mar 3, 20172
  • MILLER DIVERSIFIED CORPDec 16, 1996 to Jan 5, 20102

Timeline

  1. Apr 3, 20268-K Entered a material agreement; New debt or obligation35
  2. Apr 3, 20268-K Entered a material agreement36
  3. Nov 6, 20258-K Entered a material agreement37
  4. Apr 24, 20258-K Entered a material agreement38
  5. Jan 27, 20258-K Change of auditor; Other events39
  6. Dec 5, 20248-K Entered a material agreement40
  7. Nov 29, 20248-K Other events41
  8. Sep 19, 20248-K Entered a material agreement; Completed an acquisition or sale42
  9. Sep 12, 20248-K Other events43
  10. Sep 11, 20248-K Other events44
  11. Jul 29, 20248-K Entered a material agreement45
  12. Jul 24, 20248-K Entered a material agreement; Completed an acquisition or sale; New debt or obligation46
  13. Feb 7, 2017New chief executive Jeffrey Elliot Holman becomes CEO13
  14. Feb 6, 2012New chief executive Kevin Frija becomes CEO14

Calendar

When it reported results

  1. Oct 26, 2022Reported quarterly or annual results47

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

132 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 32 major events, 66 insider forms, 6 large holders, 8 other. The latest 20:

  1. Aug 19, 202610-Q EDGAR
  2. Aug 17, 2026NT 10-Q EDGAR
  3. May 14, 202610-Q EDGAR
  4. Apr 3, 20268-K/A EDGAR
  5. Apr 3, 20268-K EDGAR
  6. Mar 27, 202610-K EDGAR
  7. Nov 6, 202510-Q EDGAR
  8. Nov 6, 20258-K/A EDGAR
  9. Aug 13, 202510-Q EDGAR
  10. May 13, 202510-Q EDGAR
  11. Apr 24, 20258-K/A EDGAR
  12. Apr 14, 202510-K EDGAR
  13. Apr 1, 2025NT 10-K EDGAR
  14. Feb 19, 2025SCHEDULE 13D/A EDGAR
  15. Feb 19, 2025SCHEDULE 13D/A EDGAR
  16. Jan 27, 20258-K EDGAR
  17. Dec 5, 20248-K/A EDGAR
  18. Nov 29, 20248-K EDGAR
  19. Nov 14, 202410-Q EDGAR
  20. Sep 19, 20248-K EDGAR

The 132 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Funding

Where the company's money came from, by calendar year: private offerings filed with the SEC, federal grants, loans, contracts and other assistance from USAspending.gov, and PPP loans from the SBA. Each bar links to the records below.

Money received by year$876.5K 2020–2020
Money received by yearMoney received by year, 2020–2020: $876.5K in all. PPP loans $876.5K.$0$250K$500K$750K$1M2020 · PPP loans: $876.5K2020
Figures by year
YearPPP loansTotal
2020$876.5K$876.5K

PPP loans

Paycheck Protection Program loans of $150,000 and up, approved April 2020 to July 2021, from the SBA50. Matched to this company by name and state.

  1. Apr 30, 2020$876.5K PPP loan (first draw) from Customers Bank50To HEALTHIER CHOICES MANAGEMENT CORP, Hollywood FL; $885.1K forgiven Apr 29, 2021

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
CHICAGO TRUST Co NA1,010,000$500.0%No change
Vermillion Wealth Management, Inc.500,000$250.0%New
Proathlete Wealth Management LLC50,000$20.0%No change
MassMutual Private Wealth & Trust, FSB12,000$10.0%No change
Hantz Financial Services, Inc.1,111,111$00.0%New
RMG Wealth Management LLC464,000$00.0%New
Wealth Group Ltd170,000$00.0%No change

13F reports cover disclosed long positions in U.S. stocks only.

SEC filer profile

How Healthier Choices Management Corp. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARHealthier Choices Management Corp.1
  • CIK0000844856
  • Employer ID (EIN)84-10709324
  • Filer statusNon-accelerated filer not an emerging growth company; a smaller reporting company; a shell company4
  • Incorporated inDelaware4
  • Fiscal year endsDecember 311
  • Industry code (SIC)2100 Tobacco Products1
  • SEC reviewing officeOffice of Manufacturing, Division of Corporation Finance1
  • Business address3800 North 28Th Way, Hollywood, FL 330201
  • Phone305-600-50041
  • Shares outstanding527,156,418,606 as of Aug 19, 202612
  • Public float$48.1M as of Jun 30, 20254
  • AuditorTAAD LLP, Diamond Bar, CA PCAOB ID 5854; it also attests to the company’s internal control over financial reporting4
  • On EDGAR sinceJul 31, 19961
  • Filings694 in all: 8-K (171), 4 (110), 10-Q (55), 10QSB (36), 8-K/A (28), 3 (23), 10-K (17), CORRESP (17)1
    All 61 form types

    NT 10-Q (17), UPLOAD (15), 10KSB (12), 424B3 (12), NT 10-K (11), SC 13D (11), 10QSB/A (10), SC 13D/A (9), EFFECT (8), S-1/A (8), 10-Q/A (7), DEF 14A (7), 10KSB/A (6), 144 (6), DEFA14A (6), PRE 14A (6), PRER14A (6), SC 13G/A (6), SC 13G (5), SC TO-C (5), SC TO-I/A (5), 425 (4), D (4), 10-K/A (3), DEF 14C (3), PRE 14C (3), S-1 (3), S-8 (3), 25-NSE (2), 8-A12B (2), CERTNAS (2), POS AM (2), PRES14A (2), RW (2), S-3 (2), S-3/A (2), S-4 (2), SC TO-I (2), SCHEDULE 13D/A (2), 10KSB40 (1), 4/A (1), 424B4 (1), 5 (1), DEFM14C (1), DEL AM (1), FWP (1), NT 10-K/A (1), NTN 10Q (1), PREM14A (1), PREM14C (1), PRER14C (1), S-1MEF (1), S-4/A (1)

  • Latest filingsAnnual report (10-K) Mar 27, 2026
    Quarterly report (10-Q) Aug 19, 2026
    Proxy statement (DEF 14A) Jul 20, 2016
    Latest 8-K (8-K) Apr 3, 2026

Securities registered for trading

ClassSymbolExchange
Common Stock, par value $0.0001 per shareHCMC

From the cover page of the 10-K filed Mar 27, 2026 (Section 12(b) of the Exchange Act).4

Risk factors and legal proceedings

Legal proceedings

No response is required under Item 103 of Regulation S-K.

The opening of Item 3, Legal Proceedings.4

Sources

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