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Source: http://www.sunstockinc.com/about
Sunstock, Inc. is a public company and is involved in the buying, selling and distribution of precious metals, primarily gold. The Company pursues a “ground to coin” strategy, whereby it acquires mining assets as well as rights to purchase mining production and sells these metals primarily through retail channels including their own branded coins. The company emphasizes investment in enduring assets that we believe will provide our shareholders a ‘resource to retail’ conversion upside. Our goal is to provide our shareholders with an exceptional opportunity to capture value in the precious metals sector without incurring many of the costs and risks associated with actual mining operations. The Company is ideally positioned for scale and growth.
Sunstock, Inc. founded in 2012 is based in Sacramento, California. The Company currently operates one precious metals retail store under Mom’s Silver Shop in Sacramento, California.
The Company has plans to raise capital in order to strengthen its ability to grow Mom’s Silver Shop revenues. Revenues for 2019 were over $6.1M vs $2.8M in 2018.
The Company also plans to raise capital in order to acquire or partnership with one or more micro gold mines in order to advance it’s ground to retail philosophy of becoming a pure gold play.
The Business: Precious Metals
Mom’s Silver Shop specializes in buying and selling gold, silver, and rare coins, and is one of the leading precious metals retailers in the greater Sacramento metropolitan area. We are also partnering with Apmex to sell their inventory in our shop with an online portal available to customers.
In order to boost sales, Sunstock has determined that the inventory must be increased in order to draw in even larger investors/customers.
The Company believes that monetary policies adopted by the United States, the European Union, China and Japan may cause an increase in inflation. Gold and silver have traditionally served as a hedge against economic uncertainty and high inflation and stock market losses.
At the present time, the Company does not anticipate or foresee a material effect on this line of its business from existing or probable governmental regulations.
The Company’s strategy is to secure funding in order to allow them to secure more products on a timely basis as well as receive better price rates. This will allow us to enter the wholesale market and sell to other dealers.
We also want to begin selling wholesale to other retailers which will boost our sales by $25,000,000 per year, initially. Potentially this can reach into the $100,000,000s/per year range in just a few years.
The Business: Mining
Announcing Sunstock’s intention to become a pure gold play stock, with plans to own a complete Vertical Integration in the gold industry. The Company intends to acquire mineral rights and gold mining assets to compliment it’s already strong and growing gold distribution busines
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