ABOUT Sunstock, Inc
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 business. We anticipate acquisition prices in the $5,000,000 to $10,000,000 range. The mines we are considering are producing upwards of 60,000 ounces of gold per year. The cost to mine and refine this gold is anticipated at $1,000 per ounce. We will sell at spot price.
We plan to hire a designer to produce custom designs for us in gold bullion coins. These coins will be in limited quantities of 15 to 30 thousand ounces per quarter. In addition to selling these limited edition coins through our own retail operations we will also sell them through Karat Bar, which has about a 500,000 person sales force. With our prices set at spot, we anticipate brisk sales. Compare this to $25 over spot for Canadian Maples or $35 over spot for American Eagles. We foresee a profit margin of $400+ per ounce. This could net us $45 – $48 million per year in profit at today’s gold prices, and a gross revenue of $200,000,000 per year.
The whole world mines about 109.6 million ounces of gold per year. We hope to produce 1/10 of 1% of the total supply of gold in the world.
The Company is in talks to acquire or partnership with several assets that could potentially produce billions in revenue over 5-10 years. We are focused on projects that already own significant amounts of unrefined – but already mined – gold ore.
Mr. Jason Chang –
Founder, Chairman, CEO & Investor Relations Officer
Mr. Jason Chang is the Founder, Chairman, Chief Executive Officer and Investor Relations Officer of Sunstock, Inc. Mr. Chang began his career in the hospitality industry in the family business operating several hotels throughout California. Mr. Chang has over 20 years of hospitality management experience. He has excellent communication skills, time-management skills, and overall organizational skills.
Mr. Jason Chang is a highly motivated individual who excels at whatever he does. He has been preparing and researching for this venture for the past few years. His strategic planning and execution make him well suited to lead the Company.
Dr. Ramnik S. Clair –
Director and Vice President
Dr. Ramnik Clair received his medical degree in India and immigrated to the United States in 1983. He completed his medical residency in New York and has subsequently served in his medical practice as a sole practitioner. Dr. Clair intends to assist Sunstock, Inc. in building long term relationships with his client base.
AUSTIN, Texas, Aug. 06, 2020 (GLOBE NEWSWIRE) -- SmallCapVoice.com, Inc. (“SCV”) today announces the availability of a new interview with Sunstock, Inc. (OTC PINK: SSOK) CEO Jason Chang, who discusses the development of the Company’s business model and the increasing value of gold and silver.
The full interview can be heard at https://www.smallcapvoice.com/8-6-20-smallcapvoice-interview-sunstock-ssok
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4-MOS-SEMI BREAKOUT @ 2'S MEDIUM BREAKOUT @ 3'S MAJOR BREAKOUT @ 4'S MAJOR MAJOR BREAKOUT @ 5.5'S
$SSOK RECENT DD....
Sunstock, Inc. Initiates Process of Uplisting to OTCQB Venture Market
As we continue to grow our business model and bring forth our plan of uplisting,
we are currently in the process of engaging a PCAOB firm with experience in our sector, stay tuned for our process.
Sunstock, Inc. involved in the buying, selling and distribution of precious metals, today announces it has purchased 20 ounces of gold.
Sunstock, Inc. involved in the buying, selling and distribution of precious metals, today announces it has purchased 4,300 ounces of silver,
adding to the Company’s existing inventory.
Sunstock, Inc. announced that Company CEO Jason Chang recently stated, "Between July, 10th, 2020 and to August 10th, 2020,
the price of the silver was up over 55% and the price of gold has been up over 13% over the last 30 days.”
SmallCapVoice.com, Inc. (“SCV”) today announces the availability of a new interview with Sunstock, Inc. CEO Jason Chang,
who discusses the development of the Company’s business model and the increasing value of gold and silver.
The full interview can be heard at: https://www.smallcapvoice.com/8-6-20-smallcapvoice-interview-sunstock-ssok/.
Authorized Shares 5,000,000,000
Outstanding Shares 2,714,677,703
Held at DTC
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